178. A Short-Term Rental Option that Won't Break the Bank AND Earns Higher Returns episode artwork

EPISODE · Apr 11, 2023 · 28 MIN

178. A Short-Term Rental Option that Won't Break the Bank AND Earns Higher Returns

from Short Term Rental Riches · host Tim Hubbard

When I first got started with my real estate investment career the idea of a turn-key rental always sounded enticing to me. Turn-key property = a property you can purchase that is renovated, rented, and professionally managed all in one spot. Easy peasy. Problem was, after visiting multiple states and markets, I wasn't able to find many opportunities that led to decent returns. In fact, some of the so-called "opportunities" weren't earning any cash-on-cash return at all. That's what led me to start investing in short term rentals. It was a natural progression after having used them during my world travels time and time again.  Now years later, after over 25,000 guests have passed through my personal portfolio and for the first time I'm witnessing a potential turn-key short term rental investment opportunity just beyond the horizon.  An opportunity to purchase a short term rental property that comes professionally designed, fully furnished, and ready to list online with minimal effort.  A short-term rental that also happens to have an exceptionally affordable entry-level price.  It's brand new. It's eligible for bonus depreciation. You will never have to pay property tax on it.  All with the potential to earn much higher cash-on-cash returns. Heck, our team will even help you manage it! I know, I  know, this all sounds too good to be true… I've dedicated years to becoming an expert in short term rentals and I've never come across an opportunity like this that has so many value-added components all in the same place. Until now… People all over the world are choosing many short-term rentals for the experience they provide—no matter the size.  And if you've followed my content for any length of time then you already know that many of my smallest properties also happen to be my best performers. So when I travelled to Phildelphia recently and saw with my very eyes an opportunity to purchase a short-term rental that I could have delivered anywhere in the USA, my ears perked up. Listen in to this week's episode and find out how a couple friends of mine are changing the short-term rental investment landscape. They'll break down how a park model home has the potential to multiply your investment returns and save you from the hassle of getting things going on your own. We break down all the highlights this week including:  Defining a park model home  Tax benefits from day one  Built to last with minimal maintenance How a $100k investment could earn 4x more than a $1 million investment Who these properties are right for A truly turn-key short-term rental opportunity?  If you want to find out more you can simply leave your email here and setup a quick meeting with our week's guest who has already worked with dozens of other happy investors. Worried about the management? My team and I might be able to help you out with that as well. If you haven't heard, we're now partnering with others to help manage properties (no matter where they're located) just like mine—find out more here.

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178. A Short-Term Rental Option that Won't Break the Bank AND Earns Higher Returns

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This episode is 28 minutes long.

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This episode was published on April 11, 2023.

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When I first got started with my real estate investment career the idea of a turn-key rental always sounded enticing to me. Turn-key property = a property you can purchase that is renovated, rented, and professionally managed all in one spot. Easy...

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