maybe you should start hosting on Airbnb…
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Once you get all the information you need, don’t hesitate, use the referral link above and let us help you along your journey with Airbnb…
Investing should come across everyone’s mind, the sooner the better ; ) Real estate is the best investment in today’s world and we are here to answer your questions and guide you through all the cracks. Whether you are considering reselling a home or renting a space, real estate is the best game! If you are reading this… then you are interested, so let’s hop right in and turn your consideration into action.
Buying a space
Remember the decisions you make within real estate should depend on various factors…
These are:
Financial Situation
Market Conditions
Lifestyle and Stability
We obviously recommend that before you buy a space, you should have your own home in which you live. In addition to that, your financial situation must be enough that you can comfortably afford to buy another space, maintain it, and fix it. Looking for a space is challenging, the market isn’t always easy and the time may not be right. Finding a space can be very challenging in terms of locating the right space, contacting, and then closing a deal. The best option is to look for rundown spaces which you can easily fix up without breaking the bank. Don’t ignore your own personal life and whether or not you are flexible enough to hold such an investment.!
Join airbnb
There are many compelling reasons why you should host an Airbnb with the place you bought. Renting brings extra income, and doing so through Airbnb can help you create a community of people that are constantly looking to rent a space for vacations, etc… Hosting an Airbnb also offers flexibility as your prices for rent may vary considering the number of guests you allow as well as the flexibility that comes with availabilities. Hosting on Airbnb provides flexibility in terms of when and how you host. You can set your own availability and decide on the rules and guidelines for your guests. This level of control allows you to accommodate your own schedule and preferences while sharing your space with others
Hosting gives you the opportunity to meet people from different backgrounds and cultures. You can engage in meaningful conversations, share local insights, and forge connections with guests from around the world. It's a chance to broaden your horizons and embrace cultural exchange without leaving the comfort of your own home. This is a huge network and thus helps on your investments!
Tax Benefits:
Depending on your location and circumstances, hosting an Airbnb can offer certain tax benefits. You may be eligible to deduct certain expenses related to hosting, such as cleaning fees, utilities, maintenance costs, and even a portion of your mortgage or rent. Consult with a tax professional to understand the specific tax advantages available to you.
Make it unique
With Airbnb, it does not matter whether you have a studio, a house, a cabin, or whatever the space is, you can rent out anything. While you can simply have an apartment for which you can host, we recommend to create a portfolio, a reputation for yourself. Your profile will look 100x better if your space is unique from other places people can find in that area. We recommend that when you find the perfect neighborhood or location in which you would like to host. Check out the other Airbnbs in the area and create something they don’t have. It can even be as simple as having a cool amenity like a hot tub or a pool table. Nevertheless, be yourself and try to make the investment worth renting for people.
If you don’t have a creative mind, no worries, keep it simple and check out our own collection of unique cabins across the Poconos :) We have various sizes and styles of homes for which you can take a look at as well as enjoy!
All of our listings are found on our website fortecaestate.com as well as on both Airbnb & VRBO… Check them out for yourself on Airbnb by clicking HERE
