74: Build a Luxury Short-Term Rental Cash Flow Portfolio! Rachel Gainsbrugh
The Short Term Rental Profits Show
Release Date: 07/10/2022
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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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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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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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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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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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...
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Housing trends are changing: people are not just staying in short term rentals anymore, they are LIVING in them! Jason Hartman interviews Rich Somers, Commercial Real Estate Investor, Co Founder/ Principle - Pac 3 Capital, founder of Fortune Cribs and host of The Multifamily Takeoff Podcast. Jason and Rich discuss how to get started in multifamily, short term rental and boutique hotel investing. Are short term rentals a viable investment option right now? Brian Chesky, CEO of Airbnb said recently, people are not staying in short term rentals; they're LIVING in short term rentals. One other...
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Jason Hartman is joined today by luxury short term rental specialist and rising star Dr. Rachel Gainsbrugh. Rachel is an expert in luxury short term rental properties and creates memorable experiences for her guests in unique locations and self-manages her rentals by utilizing a team, tech, and systems she has implemented over the last 2 years. Enjoy this interview with Rachel as she identifies new avatars in the market and profiles the ROI on her rental properties! 1:04 Welcome Dr. Rachel Gainsbrugh, specialist in luxury short term rental investing 1:45 Rental arbitrage model 3:36 Self...
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Jason Hartman is joined by cost segregation specialists AJ and Randy Lyons, who’ve created DIY Cost Segregation to help you accelerate the depreciation on your residential rental properties and decrease your tax burden! Income property is the most tax favored asset class in America and the IRS has allowed people to depreciate a property over a 27.5 year schedule for fantastic tax savings. And the beauty of this tax deduction is it's a non cash or phantom write off, so check it out at ! SAVE $50 on residential studies and $100 on commercial studies! Use Jason’s discount code “Jason” on...
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Join Jason today as he welcomes Dr. Peter McCullough, MD. Dr. McCullough has over 50 peer-reviewed papers and is an extremely credible person in the medical field. You can also watch the video NOT on YouTube (having been censored) but on Jason’s other video sites: https://traffic.libsyn.com/secure/aipis/392_AIPIS__HS_JS_WIN_HI_ALL_SHOWS_-_Dr._Peter_McCullough_MD_v1.mp3 After receiving a bachelor’s degree from Baylor University, Dr. McCullough completed his medical degree as an Alpha Omega Alpha graduate from the University of Texas Southwestern Medical School. He went on to...
info_outlineJason Hartman is joined today by luxury short term rental specialist and rising star Dr. Rachel Gainsbrugh. Rachel is an expert in luxury short term rental properties and creates memorable experiences for her guests in unique locations and self-manages her rentals by utilizing a team, tech, and systems she has implemented over the last 2 years.
Enjoy this interview with Rachel as she identifies new avatars in the market and profiles the ROI on her rental properties!
1:04 Welcome Dr. Rachel Gainsbrugh, specialist in luxury short term rental investing
1:45 Rental arbitrage model
3:36 Self managing your properties remotely
6:31 Where are Rachel’s properties?
8:54 Rachel’s second luxury rental
9:58 Dynamic pricing tool
11:46 Long term rental vs short term rental
13:26 A new guest avatar in the market
15:33 Serve a larger family unit that can split that nightly rate
17:30 Net profit from Rachel’s Poconos properties
18:41 HOAs - rule of thumb
21:08 Revenue numbers and Rachel’s TV deal
23:02 New build on Rosemary Beach
23:40 What are the hottest short term rental markets in the country?
26:12 Luxury STR allow you to create a brand for yourself
28:04 Challenges in the STR business
29:56 Where should I invest? Check out Rachel’s free list at https://www.shorttermgems.com/75gems
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