Is It Better To Rent Your Property Through Airbnb Or Long-Term Tenants?

Investing in real estate is one of the main ways that Americans become wealthy, but there are three main questions that you should ask yourself before you sign on the dotted line. I break down what those three things are, the pros and cons of both short-term and long-term rentals, and some guidelines that can help you determine if an investment is likely to be profitable. I get into my own experience with renting out properties on Airbnb and explain why I don’t consider them to be a source of passive income. Plus, I share two simple rules that are designed to help investors avoid the mistake of underestimating expenses and overestimating profits.  IN THIS EPISODE, WE TALK ABOUT:Figuring out what type of investor you are How to do a solid cost analysis to make sure you’re making the right purchase The most common difficulties that landlords experience How the work involved with short-term rentals has changed since I first entered the market in 2015The 1% and 50% rules of real estate investment  RESOURCES:Pre-sales for my first book, Wealth Habits, are available now. Buy your copy at wealthhabitsbook.com and become a part of my exclusive book launch team, where you’ll receive early access to the book, a live teaching and Q&A with me, plus more bonuses to be announced.Buy your ticket for the next Wealth & Business Summit on November 9-11 in Scottsdale, AZ. Early bird pricing is available now!Learn more from me and proven business experts by signing up for one of my many  online courses. CONNECT WITH CANDYFollow me: @candyvalentinoJoin Founders Organization 

Om Podcasten

Stop spending and start investing. The definition of “wealth” is an abundance of valuable possessions or money. But it's time to think outside the dictionary as we break down all the ways you can increase your financial wealth -- your business, your bank account and your bottom line.  Join host, Candy Valentino, every week to cover topics like business models, profit plans, wealth habits and real estate investing. Candy has been building businesses before she could legally order a drink.  For more than two decades, she has built, scaled and exited businesses in service and retail all while creating financial freedom through real estate investing. Listen in on conversations with the most successful minds in the world, like Daymond John, Ed Mylett and Amy Lacey, alongside lessons directly from Candy leveraging her 25 years of knowledge and experience. Why focus on becoming rich, when the true goal is to become wealthy (and not just in your finances). It doesn't matter if you are a part of Generation X, Y or Z… It's time to The Candy Valentino Show. Let's start investing. For more, follow Candy @candyvalentino.