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BRRRRSTR Breakdown | Luxury Cabin Investment Property
Most people have heard of the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy, as it is one of the best ways to recycle your money into future deals. The BRRRR is proven, works incredibly well, and is a strategy I’ve used successfully several times in the past. However, if you rent the unit as a short-term rental (STR), you can supercharge your return on investment - this is known as the “BRRRRSTR”. The BRRRRSTR strategy combines the principles of BRRRR investing with Short-Term Rentals (STRs) to optimize returns on real estate investments.
Mid-Term Rentals | What are they & why they matter!
Mid-Term Rentals are properties rented to guests for periods of 1 to 12 months in furnished condition. MTR’s are ideal for people requiring temporary housing for work, study, or personal matters requiring extended stays. Read on to find out the pros, cons, and if this next big trend is right for you!
Sicamous Airbnb | Where to invest in Canada
Sicamous is known as the houseboat capital of Canada. It is home to spectacularly beautiful lake life surrounded by mountains. It is an incredibly popular destination in the summer, especially for Calgary residents looking to get away from the city. As a result of its summer popularity, the council has elected to strictly regulate short term rentals in the town. Unfortunately for those looking to invest in the area in a short term rental business, many of these regulations make it difficult to operate profitably, if at all.