Getting into the world of real estate investment and short-term rentals can be a great way to establish an additional income line while also building relationships with members of your community. How many times have you thought about investing in a short-term rental, but you didn’t know where to start? Platforms like Airbnb, TripAdvisor, and Vrbo have revolutionized the vacation industry, allowing everyday people to operate their own private [...]
So you’ve decided to add vacation rentals to your investment portfolio. Proper has a great, comprehensive insurance solution for you. But, what about financing? This article lays out your basic financing options to start and grow your vacation rental portfolio. Vacation Rental Financing Solutions You have five main options to finance the purchase of vacation rental property: Second home loan, agency investment property loan, jumbo loan, bank loan, or [...]
In recent years, the short-term rental business has exploded in popularity for the simple reason that the requirements needed to get into this business are not as stressful as the long-term rentals. With the rising number of commercial real estate investment opportunities on the market, many people are slowly taking up the different options to boost their financial muscle for the better. When It’s Time to Upgrade Your Short-Term Rental Property When it [...]
