
How to Buy a Short Term Rental Ready Home in 6 Steps
Short Term Rental Ready Real Estate Purchase Are you ready to enter the lucrative short term rental market? Studies show that peer-to-peer businesses are becoming the model for the next decade. Companies like Uber, Lyft and VRBO have seen the volume of transactions jump in the past few years. As more and more consumers realize the advantage of working directly with the property owner to arrange travel plans, the need for short term rental properties only increase. As you begin your real estate property search, here are some important steps and considerations to address first.1. Get Lender Qualified - First and foremost, find a quality lender to get qualified with BEFORE you head out to search for a property. A short term rental whether a primary residence or a rental, is an…