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According to the 2024U.S.
Houzz & Home Study, 51% of homeowners who made renovations in 2023 spent $25,000 or more.
If youre considering along-term financial investment, you want to ensure you know what youre signing up for.
Its estimated that you could spend anywhere from 3%-5% of the loan size on closing costs.
Airbnb also recently forecasted that third-quarter revenue would be below estimates, citing economic uncertainty impacting peoples travel spending.
The reality is that many variables are out of your control regarding theshort-term rental market.
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