
In this episode, Bailey Kramer explores the inherent risks associated with midterm rentals. He outlines five major risks: mortgage payments, unexpected repairs and maintenance, liability issues, vacancy rates, and tenant non-payment. Bailey provides practical advice on how to mitigate these risks, including maintaining financial reserves, having adequate insurance, and implementing effective marketing strategies. He emphasizes that while every investment comes with risks, understanding and preparing for them can lead to significant rewards. Join Bailey to learn more about navigating the complexities of midterm rental investments.
00:00 Introduction and Episode Overview
00:10 Understanding Real Estate Risks
00:59 Risk 1: Mortgage Payments
01:51 Risk 2: Unexpected Repairs and Maintenance
02:56 Risk 3: Liability Issues
04:16 Risk 4: Vacancy Concerns
06:19 Risk 5: Tenants Not Paying
08:49 Conclusion and Final Thoughts