Ep 73: Behind the Scenes with Two Successful Airbnb Hosts... How An Amazing Couple Pivoted to Profit With Short-Term Rentals in a Hot-Spot City
Release Date: 02/19/2021
Uplevel: Make Money with Airbnb, Short-Term Rentals, Real Estate Investing, Passive Income Strategies
You know you're clear on the goal of attaining financial independence but sometimes when the rubber meets the road it can feel like life is just getting in the way of your goals! What then? Is it still worth the effort? In today's episode, I share with you a couple of my own experiences and want you to remember that I get it. If FI was easy, everyone would be, right? Spoiler alert: I absolutely think financial independence (and really what this provides) is worth the fight. Be encouraged and keep taking action! Want to gain access to a Roadmap for 6-Figure STRS? Want to know how I find,...
info_outlineUplevel: Make Money with Airbnb, Short-Term Rentals, Real Estate Investing, Passive Income Strategies
You read that title right... I'm so excited to share this powerful conversation with Capital Gains Expert, Brett Swarts. While I spend a lot of time talking about how to get INTO a short-term rental property, it's incredibly valuable to think about how to realize the biggest gain possible when you do choose to sell it. You'll want to bookmark this episode because it'sa game changer. As you'll notice, I keep trying to find "the catch" for this powerful tax-saving method throughout the show but as it turns out, this is just a very underutilized, totally legal strategy. Want to hear more from...
info_outlineUplevel: Make Money with Airbnb, Short-Term Rentals, Real Estate Investing, Passive Income Strategies
Are you determined to achieve financial independence for yourself and your family but are in a very busy season right now? ESPECIALLY in busy seasons, this important goal can seem further away than it typically does. So, how do we gain ground? How do we make progress on this very important goal while we have all of the other demands at the same time? That's what today's episode is all about: Making progress on the IMPORTANT and NOT just the URGENT. RESOURCES REFERENCED IN TODAY'S EPISODE:
info_outlineUplevel: Make Money with Airbnb, Short-Term Rentals, Real Estate Investing, Passive Income Strategies
If you're excited about getting your first Airbnb online but don't exactly WHERE it should be, this episode was made for you! Today, I share two simple (yet powerful) strategies to help you narrow down - or simply confirm - where to invest in an Airbnb. LINKS REFERENCED IN TODAY'S EPISODE: l
info_outlineUplevel: Make Money with Airbnb, Short-Term Rentals, Real Estate Investing, Passive Income Strategies
If you're considering a short-term rental as your next move to financial independence, you could NOT have picked a better time to do so! In today's episode, I unpack 3 barriers to entry that have held people up in the past and why I think they are lower now than ever before. Take a listen and if this is your year... If you're willing to be slightly more active than a sloth ;) then The 6-Figure Vacation Rental: How to Find, Furnish, and Fill a Profitable Short-Term Rental was made just for you. Check it out at ginnytownsend.com/rental RESOURCE MENTIONED IN TODAY'S EPISODE: Thanks again...
info_outlineUplevel: Make Money with Airbnb, Short-Term Rentals, Real Estate Investing, Passive Income Strategies
Are you looking for a long-term revenue stream that could also give you a way to maximize your returns when you sell it one day? This is yet another reason why I love the STR market and why I think you'll love today's episode. Today, I interview Charles Sunnucks, a professional investor and former fund manager who has a knack for simplifying the complicated world of company (or in this case) property valuation. Some of my favorite takeaways of our conversation are: 1. Look at the exit strategy from the get-go. 2. How exactly you could sell your short-term rental for MUCH more than it would be...
info_outlineUplevel: Make Money with Airbnb, Short-Term Rentals, Real Estate Investing, Passive Income Strategies
The question I ask in today's episode could change your financial future... I know that's a BOLD statement but I believe it to be a true one. When we focus our actions down to those that have a ripple effect, that is an effect that reaches much further than the effort we put in, this is when we see a REAL transformation to our financial (and any other) situation. Are you looking to achieve financial independence? Do you want to spend more time with the people you love doing the things you love? Are you looking to live a powerful legacy (both financial and otherwise) for your...
info_outlineUplevel: Make Money with Airbnb, Short-Term Rentals, Real Estate Investing, Passive Income Strategies
While this topic may sound like a slight departure from my typical episodes that are geared toward helping you launch a profitable short-term rental and live the passive income dream, I think this episode is a very important complement. If you always feel exhausted, how can you actually do the upfront work needed to have a lucrative Airbnb property (Or two, or three...)? If we don't have energy, we don't have much... So along those lines, I want to share with you my top 3 never-fail tricks to instantly increasing my energy and focus (without drugs or anything like that!). I hope you find...
info_outlineUplevel: Make Money with Airbnb, Short-Term Rentals, Real Estate Investing, Passive Income Strategies
Are you considering the addition of a short-term rental to your income portfolio but aren't quite sure what your funding options are? Do you have to have a down payment to secure your property? Or, if so, how much? These are the questions I address in today's episode and I present the options in a choose-your-own-adventure style... You can select the option that works best for you, your situation, and your goals! So, now that you know it's possible, I want you to know there is a roadmap to walk you through... step by step... the entire process of bringing a profitable short-term rental to...
info_outlineUplevel: Make Money with Airbnb, Short-Term Rentals, Real Estate Investing, Passive Income Strategies
Are you wondering about what's possible in the "Airbnb Economy" during a worldwide pandemic? In today's episode, I interview Tia Bailey, who is sometimes referred to as "The Airbnb Whisperer." She started co-hosting Airbnb properties while she was still in college, but how she's developed a powerhouse of a business and is now in multi-state projects, AND she's redefining what it looks like to be a successful Airbnb host. The link referenced in this episode: Discover more about Tia Bailey here:
info_outlineIf you're considering the addition of a short-term rental to your income portfolio, you know I'd give you a high five! But did you know I encouraged my brother and his wife to do the same?
Joining me today are the incredibly amazing Jonathan and Hannah! Other than being family, they've lived abroad for nearly a decade and after moving back to the States in 2019 took the plunge into real estate investment and added a short-term rental to their portfolio.
We have a fun, honest, and transparent look at their story and how Airbnb fits into their goals as a couple.
Here are two of the biggest takeaways I had from our conversation:
1. You can be as involved or uninvolved with your short-term rental as you'd like. There's no wrong answer here and you can decide exactly what you want things to look like!
2. Short-term rentals can be a part of your real estate investment strategy or they can be the main thing. Again, no wrong answers here!
I can't wait for you to meet them, let's dive in!
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Have you decided that short-term rentals are the best fit for your next real estate investment move?
Do you know vacation rentals have the opportunity to bring in much higher margins than long-term rentals but don't know where to start?
Would you rather learn from someone who figured it out and can give you the roadmap as opposed to stumbling through to figure things out on your own?
If so, then I've created the program for you!
It's called The 6-Figure Vacation Rental Roadmap and I can't wait for you to dive on in.
Visit ginnytownsend.com/rental to learn more and grab your copy today!