Kendra Grace Real Estate

Raise your ✋ if you own at least one home.

The current median age for first-time homebuyers is 33 years old. Does that align with how old you were when you bought yours?
Did you know that it’s the highest it’s been since 1981? Back then it was between 28 and 29 years old.

So, how old were you when you bought your first home? 👇
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Is 2022 the year you invest in real estate? Buying a property to rent out on Airbnb or other vacation rental platforms can be very tempting given how hot the vacation rental and short-term rental market is, but before you purchase, consider these pros and cons to see if it’s a good fit for you.

Pros:

✅ You have flexibility over when you rent out your property.
✅ It’s more profitable than long-term rentals.
✅ Property maintenance is less expensive and easier to do.
✅ More tax deductions and tax breaks are available to you.
✅ There’s less wear and tear on the property.

Cons:

❌ It requires more of your time and effort than a long-term rental would.
❌ There will be a lack of income predictability and consistency.
❌ There’s more risk involved since you have less control over the tenants and there will be a high volume of them.
❌ You pay the utilities instead of passing that cost onto your tenants.
❌ Some cities don’t allow short-term or vacation rentals, so be sure to do your research about the location’s policies BEFORE you buy a property.

Still have questions? My DM is open!

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