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Episode 030 - You’ve Got Questions and We’ve Got Answers: Q & A (Session 2)

 

 

 

SHOW NOTES & LESSONS

WHAT BOOKS, PRODUCTS, SERVICES, OR LINKS WERE MENTIONED...

All about Airbnb Plus, including cities & requirements.

The Airbnb Plus Home Checklist, look for the expert tips inside.

 

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Show Transcript

[00:01] Over the last two centuries, nearly 90 percent of the world's millionaires have created their wealth through real estate. Here to tell you how you can ride this wave with less risk and less capital while creating greater income, is your host, best selling author and Speaker, Michelle Russell.

[00:21] Hi, this is Michelle, the Master of Money Mindset, and you are listening to the Short Term Rental...

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Episode 028 - How Legal Is My Short Term Rental?

 

 

SHOW NOTES & LESSONS

You want to diversify and invest in many things, like stocks & bonds, gold & silver, and real estate.  However, Specialize in one area of Real Estate Investing - like Short Term Rentals, for instance!

Attorneys specialize. Doctors specialize.  You should, too.

Each state has a variety of rules and regulations when it comes to Short Term Rentals. 

You can go to Airbnb's Page about Legal & Regulatory Issues. Read what they have to say, then google your city and state with search phrases like, "do I need a permit or license for my short term rental in Tucson, Arizona?"  Then just start reading.

 

  • Find out all you need to know for your state government's page and from your city's official government website.

 

  • Ask your Real Estate Agent if the property is Short Term Rental friendly but still, ask for a copy of the HOA's CC&Rs.

 

Remember, the government provides tax cuts and incentives as a...

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Investing Without Fear

fear investing Nov 01, 2018

Checking Out Your Financial Advisor

 

Q: I’m reaching the point financially where I am considering making some investments. However, I’m struggling to jump into investing as I’m afraid to trust financial advisors.

 

I’d rather have my money in my local bank account than have it end up in the pockets of the next Bernie Madoff. How can I get over these fears of investing once and for all?

 

A: You’re wise to be concerned about investing your money, particularly when you’re unfamiliar with the type of financial guide you’ll be using. But there are some steps you can take to safeguard your money.

 

Use these points as a checklist to protect your investments:

 

  • Use word-of-mouth recommendations for financial advisors. If you know someone who’s had the same broker for 10+ years, ask your friend how he feels about his broker. A happy customer can be a good first step in narrowing down your field of possible...
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