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Wondering if it makes sense for you?It does if you're ...
Looking to build equity through real estate over a long term time horizon
You prioritize building equity in real estate for long-term appreciation and tax benefits, rather than focusing on immediate cash flows
Comfortable covering the months where revenue doesn’t exceed costs
You're financially able and are comfortable covering when the property's rent revenue doesn't exceed operating and debt service costs
Viewing this as an investment rather than a personal property
Staying in the property will lower your revenue. Your net cash flows are best when you treat this as an investment.
Prefer not to deal with the day-to-day management of the property
Getaway requires a professional manager in place. That can be yourself or a local property manager.
This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. It is important to do your own research and consult with a certified financial advisor or accountant before making any investment decisions. References to any investments or assets are for illustrative purposes only and do not constitute a recommendation or offer to provide investment advisory services. Furthermore, this content is not directed at nor intended for use by any investors or prospective investors, and may not under any circumstances be relied upon when making a decision to invest in any investments. Certain information contained in here has been obtained from third-party sources and is intended for informational, entertainment, or educational purposes only. While we strive for accuracy, we cannot guarantee that the information presented on this page is free from errors, omissions, or biases. Each featured deal is subject to additional individual underwriting review and analysis. Getaway has not independently verified such information and makes no representations about the accuracy of the information or its appropriateness for a given situation. Charts and graphs are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others. --