Everything you need to know before buying a vacation rental or short-term rental for Airbnb

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If you are thinking of buying a vacation rental or short-term rental you need to watch this video. If you want to start Investing in Real Estate then this is for you. I go into detail about how to crunch the numbers, and what you need to know so that you can avoid mistakes. I go over the differences between condos or single-family houses, and how to calculate the income and expenses. This is like a mast class on buying vacation rentals, but it's FREE. So if you are wanting to get into the Vacation Rental Market, then this is where you need to start. If you have questions or comments please them in the comment section and I'll do my best to answer them all.

Use the link to the AirDNA site. It really is a game-changer when you are looking to buy a vacation rental.
Here are some links to websites I use to help me in my real estate investing and to some of the gear I use.

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Truly appreciate this video. Thinking of buying something in PR. Already subscribed.

irismartinez
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Seriously doubt you can get a rental that average $175/night for only 200, 000. But I’m new at this and learning. Ty for the video nits been very helpful in trying to make a decision on this.

bilizard
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btw I'm a little confused how you got the 10 weeks figure with a 30% occupancy rate, all your numbers add up perfect with the 30% rate but not the 10 weeks, unless I am missing something?

come_explore_with_me_IL
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Great info Jeff! Currently doing as much research as I can to prepare for a short term rental property in Puerto Rico!

kevinkinnally
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It’s good to see a channel that gets to the facts and stays away from the overproduced fluff. SO glad I found your channel! Thank you for putting in a lot of effort and giving us great information.

michellewithless
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You mentioned Condo HOA fees in your case of $1000, did you mean per month or per year? (sorry not familiar with HOA's).

come_explore_with_me_IL
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Hello! I love your channel! I do have a question for you.. my husband and I are self employed so we have always struggled with lenders, it’s always a mess and we have been denied loans in the past even though we make plenty of money to pay them. We live in Utah and own a house here with a lot of equity in it. Ideally we want to keep our house here and rent it out, rent is so high here, we know we can make a profit. We are hoping to get some of the equity out of the house to purchase a property in PR, but we are not sure of the best way to do this.. we always run into problems with our net income vs. our gross. And we get very discouraged.. do you have any suggestions on who to go through for lending who may be more friendly to the self employed? Thanks!

missamanda
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this is the second time you mentioned ohio on all your vids i've watched thus far... i just thought it's funny. i'm from cincinnati oh and moving to pr soon, i just hope sooner than soon wooot wooot!!! keep up the good work!!!

friartuckfriartuck
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Are you trying to discourage me??? Lol because it's working....

alaylaanajacks