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Jon Bell and Julian Sage talk about the things you should watch out for before investing in an Airbnb short term vacation rental property. If you are planning on starting a rental arbitrage business, cohosting business, fix and flip for vacation rentals, then you want to be aware of some of the things that can make it difficult for you to be able to maintain this business.
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Ep #07 Key Takeaways
1. Be cautious about pools in your rentals as they can cause liability issues
2. Be cautious of condos and HOA’s due to changing internal regulations
3. Don’t get stuck into leases or scenarios where the check in process is dependent on other people exchanging keys. You don’t want your guests first experience to be with someone who is having a bad day.
4. Avoid areas that are not safe, ghetto, or in transition to becoming a safe place.