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640 - 4 Things You Need to Know Before Buying A Short-Term Rental by Ryan Williams

BiggerPockets Daily

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Expenses for Short Term Rentals

There are two schools of thought on accounting for your furnishing expenses. Insurance premiums covering s t r operations cost more than standard rental property insurance. If you plan to use a management company or soft ware, make sure you build those fees into the budget. Getting a pricing estimate on furnishing is problematic because it depends on the size of the home and the quality of items you purchase.

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