Buying Property For Airbnb – How to Get Started

It’s undeniable that Airbnb properties have the potential to generate huge rental returns, but unfortunately, this potential alone will not boost your bank balance.

As I’m sure you’ve already gathered, with successful short-term letting businesses, location is everything!

Now, although Airbnb is famous for having rental properties in pretty much all environments in every corner of the globe, there are some key recommendations when it comes to investing in a property that will provide steady returns and high occupancy rates throughout the calendar year.

To achieve this, buying an Airbnb investment property in a popular UK city that offers a combination of affordable prices, strong rental yields, high visitor rates and regular music and sporting events is usually a winner!

Take Liverpool for example.

A city with a rich history, world-renowned character, popular nightlife scene, two premier league football clubs and the birthplace of the band that changed music forever – need I say the name?…

Liverpool is an ideal location to invest in a short-term rental property in terms of securing bookings all year round.

Additionally, the average property price in Liverpool is almost £110,000 below the UK average according to the most recent House Price Index, while rental

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Interest Rates Rise in the UK

Given that mortgage rates are set to rise because of the rising interest rates, many buy-to-let investors will be having to pay more on their mortgages as lenders raise their rates to meet the Bank of England’s base rate.

It’s worth noting that although the Bank of England is raising their rates to 5%, mortgage lenders’ rates will be a lot higher than this. Especially with buy-to-let mortgages, rates are often a lot higher than standard residential mortgages due to the higher risk of them not being repaid.

Buy-to-let mortgage repayments cover the accrued interest of the mortgage, so monthly repayments will set to rise.

Because of this, buy-to-let mortgages are expected to become less popular with investors in the immediate future, as many will not want to deal with higher interest rates and would rather invest in property through other means.

If you’re interested in investing in buying to let property, however, don’t let this news deter you. There are alternatives to using a buy to let mortgage when purchasing buy to let property that actually comes with a lot of extra benefits for investors.

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Edgefront Real Estate Investment Trust (TSE:NXR) Expected to Earn Q4 2023 Earnings of $0.20 Per Share

Edgefront Real Estate Investment Trust (TSE:NXR – Get Rating) – Research analysts at Desjardins lowered their Q4 2023 earnings estimates for shares of Edgefront Real Estate Investment Trust in a research report issued to clients and investors on Monday, May 15th. Desjardins analyst K. Stanley now expects that the company will earn $0.20 per share for the quarter, down from their previous forecast of $0.21.

Edgefront Real Estate Investment Trust (TSE:NXR – Get Rating) last announced its quarterly earnings results on Tuesday, March 14th. The company reported C$0.21) EPS for the quarter, missing the consensus estimate of C$0.21 by C($0.42). The firm had revenue of C$36.86 million per quarter.

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Edgefront Real Estate Investment Trust Announces Dividends

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The firm also recently declared a monthly dividend, which will be paid on Thursday, June 15th. Stockholders of record on Wednesday, May 31st will be paid a dividend of $0.053 per share. The ex-dividend date of this dividend is Tuesday, May 30th. This represents a $0.64 annualized dividend and a dividend yield of ∞.

Edgefront Real Estate Investment Trust Company Profile

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Nuveen Select Tax-Free Income Portfolio 3 Fund’s primary objective

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‘People need to be together’

Remote work is “a bunch of bullshit,” according to Sam Zell, the outspoken real estate magnate known for his colorful language.

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“One of the biggest lies in the world is that people working from home are more productive than people working in the office,” the billionaire founder and chairman of Equity Group Investments told a New York University luncheon on Wednesday. “You have much less productivity if you’re working from home in your pajamas with three little kids running around than if you’re in an office.”

The commercial real estate legend received applause for his comments this week, but then, he was speaking to a friendly audience. NYU’s Schack Institute of Real Estate hosted the luncheon as part of its annual REIT Symposium, with real estate execs and many grad students hoping to reach Zell’s level of success in attendance. GlobeSt.com, a trade outlet, covered

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Liverpool Has Been Voted One of The UK’s Top Student Cities

Considering Liverpool is one of the biggest cities in the UK, prices for both rent and property are very affordable.

The average house price in Liverpool as of December 2022 was £183,512, over £100k below the national average of £295,000. This means Liverpool is one of the most affordable places to buy property in the country, making it an ideal place for student property where lower costs are key.

This affordability translates to the rental market as well. Home.co.uk reports that Liverpool has a median average rent of £745 per calendar month, again below the national average while still being high enough to offer investors attractive rental returns.

For both students and those investing in student property, this affordability is a key selling point for Liverpool. Students want cheaper rents so they don’t have to spend the majority of their student loans on accommodation, and investors want lower costs so they can have higher rental yields.

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China to guard against risks among property developers – Premier Li

BEIJING, March 5 (Reuters) – Warning that risks remain in the property market, China’s government said in a report released at parliament’s annual opening on Sunday that it would promote the sector’s stable development and prevent disorderly expansion by developers.

Premier Li Keqiang made guarding against risks to top property developers one of the government’s priorities this year, amidst still cautious cautious buyer sentiment, following through on the work done at a key economic meeting in December.

“There are more potential risks in the real estate market and some small and medium-sized financial institutions are exposed to risks,” Li said in the government’s work report for 2023.

Since mid-2021, the property sector has grappled with a liquidity crisis, with many developers defaulting on, or delaying, debt payments as they struggle to sell apartments and raise funds. Around half of the 30-odd Chinese developers listed in Hong Kong have defaulted on or delayed bond payments.

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“There are many risks in real estate for homebuyers and property developers, such as buyers’ threat of stopping mortgage repayments, failure to deliver pre-sold homes and default on debt by developers, which indicates a lack of consumption power and confidence,”

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Edmonton real estate market predicted to slow down to pre-pandemic levels this year

The Realtors Association of Edmonton is predicting the market will “normalize” this year to levels not seen since before the pandemic.

Sales, listings, and prices are expected to drop across all property types, Melanie Boles, RAE chair said, which will bring them in line with 2019 levels and previous years.

“When compared to long-term trends, 2023 will still be a strong year,” Boles said in a statement.

The association held its annual housing forecast event Wednesday, where real estate agents and prospective home buyers and sellers can grasp market predictions.

According to the predictions for 2023, the market is expected to be balanced due to nearly equal supply and demand levels.

The report notes an increase in demand for apartments and condos, an increase in luxury real estate, and an influx of out-of-province residents.

The forecast shows detached home prices are expected to drop 2.9 per cent year-over-year.

Semi-detached homes are predicted to see a price drop of 2.4 per cent and for row and townhouses – a 1.4 per cent decrease is expected

The RAE is predicting a 1.1 per cent decrease in average price for apartments and condos compared to last year.

Boles said that compared to long-term

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