How to Invest in Tiny Homes | Short-Term Rentals for Beginners

Get a free Landlord Insurance Quote from Steadily & get a $20 Amazon gift card (for November)- https://blackrealestatedialogue.steadilypartner.com/Don't forget to subscribe, leave a rating and a 5-star review. I will be shouting out all 5-star reviews on the show!This episode with Crystina Cardozo was inspiring! Crystina is an out-of-state real estate investor and math teacher who is on a mission to educate as many families as possible on how to grow and keep generational wealth.She was first drawn to real estate when she and her husband decided to buy a single family home that they could house hack. They rented out the basement, which ended up covering most of their mortgage. They went on to purchase more properties out-of-state in Pennsylvania, Missouri and Wisconsin, and even turned an RV into a powerful asset.Listen in as Crystina shares how she was able to earn more from renting out her RV than from her short-term rentals, investing in tiny homes, and the advantage of investing primarily in “drivable destinations”.Highlights1) When investing out-of-state, the further away the property, the more dialed in your system has to be. Have a trusted team in place to take yourself out of the equation as much as possible, so that you can better focus on scaling your business.2) If you own a property for under a year, you could get hit with capital gains. In order to avoid paying these high taxes, you can consider a 1031 exchange.3) If you’re considering investing out-of-state, learn as much as you can about the market. Join Facebook Groups to hear directly from the local community, interview your realtor thoroughly, and create your team before closing on a property.How to find herInstagram - @sherunsthenumbersGet 25% OFF our t-shirts!- https://blackrealestatedialogue.com/collections/allAccess all of our resources on our website- https://www.blackrealestatedialogue.comDownload my free guide Top 5 Down Payment Assistance Programs- https://bit.ly/dpassistance1Get my New E-book How to Build Wealth in a Recession- https://bit.ly/bredrecessionguide Advertising Inquiries: https://redcircle.com/brands Privacy & Opt-Out: https://redcircle.com/privacy