I'm gearing up to purchase a website for my next investment, and in addition to my research online, communication with lenders and discussions with Kate, I decided to read The Website Investor by Jeff Hunt.
These are the 12 best sheets and towels that have withstood the tests of washing, drying, usage and time in our Airbnbs.
After looking at the last 12 months of booking rates for my three Airbnb listings, our average booking rate was around 2.5%. Elsewhere online, I've seen hosts reporting numbers between 0.5% and about 3.0%.
In order to make money on Airbnb, you need bookings, and you can't get bookings without views. I believe you can run a successful Airbnb (at least 40% occupancy) with an average of 200 views per month.
The 1031 exchange tax benefits are available to United States tax payers exchanging property residing inside and outside the U.S.
There are three alternative ways I've found to access your home equity: secured loans, shared appreciation agreements and reverse mortgages.
Over the last three years, I've created over $3,000 per month in passive income through investing in real estate. These real estate investments allow me to make money without clocking in and out of a job. But passive income investments are everywhere.
If you invest in real estate, like me, then you may have built up some decent equity in some of your investment properties. And that means that you can cash out on that equity with a refinance. But how does that affect your taxes? The IRS treats the loan from a cash out refinance different from a normal mortgage or business loan. You are not taxed on the equity you pull out of the home, and depending on how you use that money, you can in fact deduct the interest you pay on the loan from your taxable income. If you have the option, a cash out refinance is just as great as a traditional loan, and they are much easier to qualify for. Cash Out Equity To Invest It’s a common theme in my writing to point out the…
If you read my post Complete List of 21 Marketplaces to Buy a Website, then you know I’m planning to acquire an online business. The next step I’m choosing to take is to secure financing for my eventual purchase. I’ve been casually browsing several of my favorite marketplaces, but I haven’t begun writing down my requirements for my future website. Why? Partially because my real estate investing experience has taught me that have pre-approval for your investments makes it much, much easier to make your offer and move quickly. At least in real estate, being able to move quickly is often the factor that decides who gets the deal done. So I’m hypothesizing that the same could be true in online business acquisition. And partially because several of the website brokers require proof of funds before they allow you to…
I believe your Airbnb cover photo is the single most important part of your listing. It's the first impression a potential guest gets of your place and it communicates so many things they care about.