This video explains the pros and cons of a vacation rental property and a standard rental property. It will help you decide which investment strategy is best for you.
Chandler David Smith has been investing in real estate for the last seven years. He currently owns 99 units of rental real estate and uses 2 to 4 of those units as vacation rentals. In this video he talks about the pros and cons of a vacation rental in comparison to a standard rental property. He explains that there is more risk and more expense when investing in a vacation rental property. He also explains that there is a higher potential financial upside tied to vacation rentals as well. In this video he breaks down the pros and cons of both and emphasizes always purchasing a property that would work as a standard rental. Chandler explains that if you buy a property so that it works as a standard rental property you always have a back up plan if things don’t work out as a vacation rental. #vacationrental #rentalproperty #investmentproperty
If you're interested o learn more about real estate investing, and you'd like to start a one-on-one mentorship go to: https://www.chandlerdavidsmith.com/
Check out some other videos if you want to learn more about investing in real estate, building a huge passive income, or preparing for your own future home. Want to see all of Chandler's real estate deals? Real Estate Portfolio https://www.youtube.com/playlist?list=PLgBdAuQ6z2LUkikeMlF-WbFlWk63f9tA0
