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Investing in Real Estate with Clayton Morris | Investing for Beginners

1041: Q&A: Should I Invest in Short-Term Rentals? - Episode 1041

Investing in Real Estate with Clayton Morris | Investing for Beginners

Clayton Morris

How To, News, Education, Business News, Business, Investing

4.41.1K Ratings

🗓️ 8 April 2024

⏱️ 12 minutes

🧾️ Download transcript

Summary

Are short-term rentals like Airbnb the wave of the future? Or should investors stick with the traditional renting model? That's the first question I'm tackling on this episode of Investing in Real Estate!

On this Q&A episode, I'm taking three listener questions about short-term rentals, finding the right accounting team for tax time, and the importance of LLCs for investing in real estate. To hear my answers to your questions, press play on this episode of Investing in Real Estate!

Transcript

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0:00.0

Welcome to the Investing in Real Estate Show. I'm Clayton Morris. So glad to have you here on this show. It's our Q&A episode day day so we will take your questions and I will

0:14.4

provide you some answers you can always ask us a question very easily by going

0:17.9

to Morris Invest.com slash Clayton. Morris Invest.com slash Clayton try to keep your questions to you know, 30 seconds or so.

0:26.8

You can ask us real estate, finance, related questions, taxes, anything like that.

0:30.7

We will attempt to give you an answer here on the show. Also if you're new to

0:34.2

the show welcome this is the Investing in Real Estate show where we aim to help you

0:37.6

become a more intelligent real estate investor at any stage of your investing

0:41.8

journey just getting started adding multiple properties or you've already got a hundred properties it doesn't matter

0:46.2

I'm sure we can all learn from each other if you think you have all of the answers you are wrong

0:51.6

I'm still learning every day.

0:53.6

All right, let's dive into it.

0:54.4

We've got three great questions today,

0:56.4

and I want to play them for you.

0:57.6

Let's start with, and by the way, like I said before,

0:59.4

I don't, I don't listen to these ahead of time.

1:01.3

So I want to give you my fresh, honest,

1:03.3

answer fresh right out the oven. So here we go. Here's Sergio with his question.

1:09.0

Hey Clayton, my name is Sergio Cornell, I'm retired Air Force back in the civilian world. Well my question is I want to use my VA benefits to start buying our rental properties. But my question is, is AirB&B the way of the future now instead of traditional

1:30.7

ways of renting, buying property, renting.

1:34.0

What do you think?

1:37.0

Thank you, Sergio.

1:38.0

So, I mean, I don't know if you've paid attention to what's happened to Airbnb during the pandemic, but certainly it's not, you know, yes, it's the wave of the future, it's the way of the now.

...

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