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Real estate is profitable and that is the fact, more and more people start to personally talk about it.
Unfortunately, a lot of people work under the influence of impulses - they find some information about real estate or financial leverage, and they do not know anything about what they do not know, often without knowing what depreciation is.
Asking about the differences between the premises and the building helplessly spread their hands or try to respond intuitively.
This article is directed primarily to "freshmen" wishing to start generating income using real estate.
What follows from the statutes can be presented as follows: the building is an object having a roof, foundations and rooms or living quarters and / or utilities, the building is a separate part of the building and the building is all the rest (please do not search for inaccuracies in these definitions, For sure, they are, I'm just a pictorial representation of official terms, or as one who prefers to describe "peasant understanding".
An important, perhaps even the most important, concept of real estate is depreciation.
Erin Spradlin is the Co-owner and Associate Broker at James Carlson Real Estate.
She started to do a lot of Airbnb in 2014 and had a lot of success with it.
Her now husband and business partner, James Carlson, thought there would be an opportunity in servicing investors with a niche in Airbnb investments – especially as laws started to change.
In 2017 they quit their jobs and are now very active with investors in that investment space.
Erin is also passionate about speaking to, and educating female investors and launched her own investment group for females with female only attendees and speakers.
-How can you hedge your risk if the laws change for Airbnb’s?
