How to Start an Airbnb

21. How to Buy an Airbnb in Wisconsin: Writing a Strong Offer


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Episode Summary

If you're buying a home in Wisconsin—whether as a primary residence, investment property, or short-term rental—you need to understand how to craft a strong, competitive offer to purchase. In this episode, I walk you through the WB-11 Residential Offer to Purchase, breaking down key sections, contingencies, and pro tips to increase your chances of winning in a competitive market.

Whether you’re a first-time homebuyer, an Airbnb investor, or a real estate agent, this episode is packed with actionable insights to help you navigate the offer process with confidence!

Mentioned in the Episode
  • Start Your Airbnb Profile: Ready to begin hosting? Get $48 back when you start your profile using this link. I’ll be here to guide you every step of the way!
  • Connect with Me on Instagram: Follow me @airbnbroadmappodcast for behind-the-scenes content, tips, and updates.
  • Key Takeaways
    • What is a WB-11 Residential Offer to Purchase? A breakdown of Wisconsin’s official home-buying contract.
    • Must-Know Offer Terms: Price, contingencies, earnest money, closing dates, and more.
    • What Should Be Included & Excluded in the Offer? Handling furniture, appliances, and additional parcels.
    • How to Win in a Competitive Market: Smart negotiation tactics to stand out to sellers.
    • Short-Term Rental Considerations: Key contract clauses for Airbnb investors.
    • How to Protect Yourself with Contingencies: Inspection, appraisal, and financing safeguards.
    • Earnest Money Strategies: How much to put down and what it means for your offer.
    • Seller Credits & Closing Cost Hacks: Saving cash while structuring a strong deal.
    • Why Listen to This Episode?

      If you’re buying real estate in Wisconsin—especially for an Airbnb investment—this episode gives you insider knowledge on writing an effective and strategic offer. Learn how to avoid costly mistakes, negotiate like a pro, and protect your investment.

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      • How to win a bidding war on a house
      • Earnest money deposit rules Wisconsin
      • Short-term rental purchase agreement tips
      • Appraisal and inspection contingencies explained
      • How to negotiate seller credits for closing costs
      • Let’s Connect

        Need expert guidance for buying a home or short-term rental? DM me on Instagram at @theairbnbroadmap with your questions or share your experience! I’d love to help you out.

        Work With Me

        Looking for a real estate agent who understands short-term rental investing? Work with me at Front Porch Realty. I specialize in finding profitable Airbnb properties and structuring offers that win.

        Chapters

        00:00 - Intro: Why This Episode is a Must-Listen
        01:00 - What is an Offer to Purchase?
        03:00 - Key Sections of Wisconsin’s WB-11 Offer
        06:00 - What to Include & Exclude in the Offer
        09:30 - Seller Credits & Earnest Money Explained
        14:00 - Writing a Competitive Offer in a Seller’s Market
        19:00 - Inspection Contingencies & How to Negotiate Repairs
        25:00 - Appraisal Contingencies & What to Do if the House Undervalues
        30:00 - Financing Contingencies & Protecting Yourself from Rate Changes
        35:00 - Pro Tips for Writing Offers on Short-Term Rentals
        42:00 - Final Thoughts & Next Steps

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        Enjoying The Airbnb Roadmap? Don’t forget to subscribe so you never miss an episode! If this helped you, share it with a friend who's buying a home or investing in real estate.

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        How to Start an AirbnbBy Brittany Wenninger