Ask Marco - Long or Short-Term Rental? | PREI 298

Passive Real Estate Investing

Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Education, Business, Investing, Entrepreneurship, How To, Business:investing

4.6 • 968 Ratings

🗓️ 1 October 2020

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

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Transcript

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0:00.0	Welcome to passive real estate investing, the show where busy people like you learn
0:05.2	how to build substantial passive income while creating wealth for the long term.
0:09.2	And now here's your host, Marco Santorelli.
0:12.3	Hello my friends and welcome to another episode. Now here's your host, Marco Santorelli.
0:13.2	Hello, my friends and welcome to another episode of Ask Marco
0:16.2	where I answer your investing questions.
0:18.6	I want to thank you for being a loyal listener to the show.
0:21.6	Many of you are subscribers, and if you haven't subscribed to the show. Many of you are subscribers and if you haven't
0:23.9	subscribed to the show click that subscribe button whether it's on your phone or on
0:28.0	the website. Be a subscriber and get each and every episode sent to you as soon as it becomes
0:35.0	available. So today is an interesting question. Sandy reaches out and she's
0:39.3	asking about long-term versus short short term rentals.
0:43.2	This is actually a lady who is working with my team right now,
0:46.3	and she thought that she would just send me this question
0:49.4	to weigh out the options.
0:51.8	So she writes to me and says, my significant other and I are considering investing in our first
0:57.1	rental property together.
0:58.7	Congratulations, Sandy.
1:00.3	The investments you discuss and recommend are long-term rentals.
1:03.4	We wanted to ask your opinion on investing in short-term vacation rentals
1:07.6	and ask that you contrast the pros and cons of both types of investments.
1:11.9	We are currently considering both long and short-term rentals in the state of Florida.
	...

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