Ep. 52 - Hurricane Ian, Real Estate Investing, Airbnb and 1031 Exchange with Real Estate Investor Steve Krupp

On today’s episode, we take a deep dive into various important topics when it comes to investing in real estate. But first, a quick discussion about Hurricane Ian and Force Majeure. There’s going to be a lot of migration from the west coast of Florida to the east coast of Florida. It’s a perfect time to sell if you’re on the east coast and have a place to go.    We are joined by Steve Krupp, who is about to sell his vacation rental property in St. Augustine. Message us if you’re interested in a fantastic beach condo that you could either live in or rent or Airbnb.   Selling an income property is a lot different than selling your primary residence. You should treat it like a business. What’s the cap rate? How much income are you giving up?    If you want the tax deferral, consider the 1031 Exchange. Matthew explains the pros and cons of this method and why it was established in the first place.    A big and popular over-age 55 community in Florida is called The Villages. Steve is about to begin the search for a property there and it’s a bit different than most other places in Florida. They have their own MLS.    Do you have a property in The Villages? We would love to talk to you about it!