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The Investor’s Guide to a Single-Family Rental Emergency Fund
As real estate investors, your emergency funds are a critical line of defense against unexpected costs. It prevents you from dipping into your budget to handle them. But what should you really use an emergency fund […]
Don’t Overlook This When Buying an Investment Property—Learn From My Mistake
Let’s get one thing straight: Real estate investing isn’t a get-rich-quick scheme. If you think you can just waltz in and start raking in cash without a solid game plan, you’re setting yourself up for a financial face-plant.
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Starting Out
HomeForumsStarting OutStarting a short term rental during Covid?
Lindsay Mills-Pimental's profile image
Lindsay Mills-Pimental's profile image
Lindsay Mills-Pimental
  • Rental Property Investor
  • from Warwick, RI
  • Member since Oct 15, 2020
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Lindsay Mills-Pimental's profile image
Lindsay Mills-Pimental's profile image
Lindsay Mills-Pimental
  • Rental Property Investor
  • from Warwick, RI
  • Member since Oct 15, 2020
Connect
Lindsay Mills-Pimental
  • Rental Property Investor
  • Warwick, RI
8
Votes |
10
Posts
Starting Out

Starting a short term rental during Covid?

Lindsay Mills-Pimental
  • Rental Property Investor
  • Warwick, RI
Posted Oct 19 2020, 11:02

My partner and I just signed a p&s to buy a single family home in a great location near the beach. I believe it has great potential as a short term seasonal rental but we have concerns about how Covid will impact its rentability. Is it smarter to rent it on a yearly basis for now until everything else settles down?

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