There are four main kinds of short-term rental insurance: a standard homeowners policy, a landlord (dwelling fire) policy, a dedicated short-term rental policy, and an add-on layer such as umbrella liability. For a home that is rented to guests regularly, the...
An investor-friendly real estate agent is a licensed agent who works with rental buyers regularly, talks in rents, expenses and cap rates rather than paint colors, and will happily tell you a deal is a bad one. In Sedona, where red rocks tend to charm spreadsheets...
An Airbnb investment analysis answers one question: after every bill is paid, does this house earn enough to justify the cash tied up in it? The method is simple. Estimate revenue from real comparable listings, subtract the full cost of running the place, then measure...
A fixed-rate mortgage keeps the same interest rate for the whole loan. An adjustable-rate mortgage (ARM) starts with a fixed stretch, then the rate moves with an index, so the payment can climb or fall. For a Sedona short-term rental buyer, the deciding question is...
An escalation clause is a line in a purchase offer that says, in effect, “I’ll pay more than the other guy, up to a limit.” It raises the buyer’s price by a set increment above a competing offer, and it stops at a maximum the buyer picks in advance. In Sedona, where...
