Fri-yay
Roll call
Topic overview for today
1. How to write off a work travel vacation as a realtor
Have you ever thought how to vacation more
You could be licensed in different states
Owner of the BnB happens to be a realtor. It was great to learn about the area.
As an agent you are an independent contractor, you are not an employee.
Your expenses are recurrent, so you could expand your business in new markets.
Keep expenses
Do some work - meet new people , go to open houses where you are, create relationships
Have genuine intentions
View some homes for investment or clients
2. BnB Cautions when traveling
Cautions when you are staying in a vacation rental property.
When you book to a BnB and you get a message about them saying they sold the property, so now you don't have a place to stay.
Be careful because you could be without a home.
Their friends booked in advance and the owner sold the property.
Is the property currently on the market?
sell and cancel you - If you sell, make sure to cancel your guests
air conditioning - check if they have, don't take them for granted
check amenities - see what they have available
3. Does new construction seem like cheaper quality
Have you checked it? Have you paid attention to the quality in new construction?
Do you really want to hurry the builder? they may use low quality materials
Ask your builder what material are they using and how things have changed from the past 10 years.
What are the methods that they are using
4. For every yin there's a yang
Yin: On real estate most people just think about location. Being close means more people, noise, construction, delays, higher prices, and more.
Yang: Going away, you have more space, but when you are far away, you have quiet, solitude and reflections. As you buy more land, you need to buy more things.
First you buy the land and then you buy the things.
Find out what is really important for you. Undestand that moving far will change the things that you had before.
That's a wrap:
how to write off a work travel vacation
BnB and cautions
New construction - quality seems poor
Yin and Yang - living close or far away