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18. Having Reserves

18. Having Reserves

FromShort Term Rental Riches


18. Having Reserves

FromShort Term Rental Riches

ratings:
Length:
13 minutes
Released:
Mar 16, 2020
Format:
Podcast episode

Description

Real estate is an amazing investment vehicle because it’s predictable. But, what happens when it’s not? What happens when the unexpected happens and there’s a fire, you lose a roof, or the HVAC system goes out? You need to have reserves. Your short-term rental guests will also create wear and tear on your property. How much should you budget for that?  How much should you budget for your short-term rental losses?  The biggest capital expenditure risks with your property Why you NEED reserves regardless For more resources check out restmethods.com
Released:
Mar 16, 2020
Format:
Podcast episode

Titles in the series (100)

Tim Hubbard, successful investor and CEO of a seven-figure short term rental management company shares it all. The insider tips you need to know to acquiring, operating and scaling a successful short term rental business.