61: Short-Term Rental Legends, Eric Moeller, Drive-In Markets are Thriving Markets!
The Short Term Rental Profits Show
Release Date: 02/12/2021
85: Trump's Big Beautiful Bill: Revolutionizing Real Estate Investing and Saving on Taxes
The Short Term Rental Profits Show
Jason presents Travis King, CEO of Realm, a real estate investor collective, focusing on the "Big Beautiful Bill" and its positive implications for real estate investors. They discuss specific provisions like accelerated depreciation and the permanent grandfathering of Opportunity Zones, highlighting their role in attracting capital back into the market. They explore broader real estate trends, including interest rates, the "lock-in effect" on housing supply, and the importance of cost segregation for tax benefits. The conversation also touches on replacement costs, the inelasticity of housing...
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84: Pricing and Managing Your Short Term Rental for High ROI with Wendy Sweet
The Short Term Rental Profits Show
Sites like AirBnB, HomeAway and the like are popping up and being used more than ever. Many people believe that they need to be in high traffic cities like LA, NY, Miami, etc, in order to take advantage of owning a short term rental property. Wendy Sweet, Principle of Carolina Hard Money, talks with Jason Hartman about how she's making her AirBnBs thrive out in "the middle of nowhere" and some of her pricing tips and tricks to make her short term rental profits double those of her single family long term rental properties. Website: Follow Jason on TWITTER, INSTAGRAM &...
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83: Data & Insights for the Sharing Economy with AirDNA's Scott Shatford
The Short Term Rental Profits Show
The sharing economy isn't going anywhere, and people can make a lot of money getting involved. But you have to be smart about how you invest. Each property is different, each market is different, and each day is different, which can make figuring out exactly which properties are going to be best for purchase. Scott Shatford, founder of AirDNA, talks with Jason Hartman about the tools his company offers that can help investors. Website: Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: Free Class: Easily...
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82: Managing Your Own Short Term Rentals with Julia Spencer
The Short Term Rental Profits Show
Julia Spencer used to invest in long-term rental homes, but decided to switch over to short-term rentals a few years ago. She shares with Jason what she has learned over the years while self-managing the properties she owns, and gives some tips on how to avoid pitfalls that she experienced. The fears of an all consuming time commitment, never being able to go on a vacation, and having your home destroyed by guests are explored, and we find out the true income potential of short-term rentals. Website: Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Call our Investment...
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81: Tech Solutions for Short-Term Rentals: Insights from Jetstream Hospitality with Jessica Larsen
The Short Term Rental Profits Show
Jason talks to Jessica Larsen from Jetstream Hospitality about managing short-term rental properties. Jessica shares her expertise as a short-term rental operator and explains how Jetstream simplifies her work by handling guest management, listing distribution, and coordination tasks. Jetstream’s tech stack and 24/7 guest communication team are highlighted as key benefits. Jessica emphasizes the importance of embracing technology in the real estate sector and encourages other agents and operators to do the same. She also discusses midterm rentals, tech integration in properties, and the...
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80: Building Generational Wealth: The Life Plan Blueprint with Bill Faeth
The Short Term Rental Profits Show
Jason welcomes Bill Faeth as they talk about Bill's entrepreneurial journey and his approach to creating wealth. Bill shares his experiences of founding 31 startups, dealing with different personalities in business, and the importance of aligning work and life. He emphasized the need for a mindset shift towards integrating work and life, and the need for intentional alignment with one's spouse. Bill also discussed the influence of a Fortune 500 CEO, on his life who introduced him to the concept of a life plan. He stressed the importance of being present in his life, especially with his family,...
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79: Managing Your Own Short Term Rentals with Julia Spencer
The Short Term Rental Profits Show
Julia Spencer used to invest in long-term rental homes, but decided to switch over to short-term rentals a few years ago. She shares with Jason what she has learned over the years while self-managing the properties she owns, and gives some tips on how to avoid pitfalls that she experienced. The fears of an all consuming time commitment, never being able to go on a vacation, and having your home destroyed by guests are explored, and we find out the true income potential of short-term rentals. Key Takeaways: 2:56 Julia has about 30 listings for her 7 homes 7:09 Julia's portfolio prior to...
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78: Short Term Rental Growth, Hospitality Brand Mindset, AirBnB Bust, Jasper Ribbers of GetPaidForYourPad
The Short Term Rental Profits Show
Jason welcomes Jasper Ribbers of They discuss investing in the short term rental space, building a ‘hospitality brand mindset’ regardless of what is happening in the market and how the industries or ‘ecosystems’ around it are affected. They also talk about how short term rentals are turning to be midterm rentals and how to find your customers outside of Airbnb. Key Takeaways: 1:04 Welcome Jasper Ribbers of 1:24 An update on what’s happening in the short term rental world 2:31 When AirBnB allowed cancellations without penalty 3:26 A general life lesson and the time line for...
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77: Landlord Best Practices, Hybrid Property Management, Tenant Selection, Eli Secor
The Short Term Rental Profits Show
What are some of the best practices landlords do to maximize their profits and enjoy more of life? Listen in as Jason welcomes ‘s Eli Secor to the show. Eli talks about the processes and practices that successful owners use in selecting, retaining, and managing tenants. He’ll address topics such as the application process, documents and lease signing, maintenance requests, and handling of the move-out and deposit refund process and so much more. Landlordguru’s commitment is to provide expert advice on the complex and important residential property management issues faced by...
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76: Beat the IRS at Their Own Game! TAX SMART Investing, The Real Estate CPA, Brandon Hall
The Short Term Rental Profits Show
Jason Hartman welcomes back Brandon Hall, CEO of Hall CPA to talk about tax strategies for real estate investors. If you're a real estate investor, you really have to know the passive loss rules - you can’t afford not to! As Jason always says, taxes are the single largest expense in most people's lives, yet people spend so little time understanding the tax code and learning how they can benefit from it. Brandon Hall shares multiple strategies and educates you on the ways you can significantly reduce and potentially even eliminate your tax bill through short term rentals and the passive...
info_outlineObviously, 2020 was a rough ride for most businesses, particularly those included in the travel industry. Eric Moeller, CEO & Co-Founder of STR Legends, gives us a peek into his business through 2020 in the Short Term Rental market. STRs aren't just about the real estate business but also hospitality. Airbnb made some massive decisions to cater to the guests' needs and not so much their partners in business, the hosts. These hospitality decisions shifted how STRs had to operate to maintain high occupancy.
Key Takeaways:
[2:20] In one year, the industry collapsed, there was speculation of AirBnB collapsing, and now a year later, the business model has changed, specifically the length of stay.
[3:30] The urban markets have collapsed since COVID-19.
[5:00] Have the operators given cuts for longer stays?
[6:21] "30 Day Stays"
[9:55] "Home Instead of Home"
[12:30] Markets outside of major cities are doing 98% occupancy.
[13:15] Tiny home experiential markets, for the 30 Day Stay
[16:10] AirBnB decisions were being made to prop up their IPO rather than worry about their hosts.
[23:00] Even Google is trying to get into the short term rental market.
[25:20] Airbnb is a great place for building your business compared to other OTAs (online travel agency)
Websites:
1-800-HARTMAN