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As the peak rental season approaches, vacation home owners and managers are busy with pre-season preparations. Apart from ensuring that the property is in top shape, there are also administrative tasks that should not be overlooked. One of these is updating your listing on Airbnb, Vrbo, or any other platform you use to ensure that you are fully booked at the best possible rate throughout the season.
If you have invested in a property that you think you can position well as a vacation rental, you may be wondering how to decide on the benefits of long term vs short term vacation rental properties. Read on to find out about the unique sets of advantages and disadvantages that are often associated with the two different vacation rental strategies.
Fix and Flip vs Buy and Hold: What's better for you?
Real estate investors have many different investment options to reach their overall goals. Choosing which niche to specialize in could be a very difficult decision. Two of the most popular strategies, and for good reason, are “fix and flip” or “buy and hold”. These unique strategies both have the ability to generate income.
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