Short-term rentals have taken the world by storm. Over the past two decades, the bed and breakfast type business has fallen prey to the more scalable short-term rental model. Real estate investors quickly realized that they could capitalize on the long-term equity gain of rental properties with the cash flow of hotels in one highly-lucrative asset class. Thus, the rise of the short-term rental, VRBO, and Airbnb investor was born.
Arguably the most notable short-term rental investor in the space today is good friend of the show, Rob Abasolo. Rob is such a pioneer in the short-term rental investing area, that veteran agent, broker, and investor David Greene, has partnered up with him to collectively build their cash-flowing, equity-increasing empire together. With dozens of deals under both of their belts, Rob and David walk through the five steps that it takes to find success in the short-term rental space.
This episode is split up into two sections, with the latter coming out right after this one. In this show, Rob dives deep into finding a short-term rental market that fits your needs and goals, choosing a location that specifically benefits you as the investor, the different types of short-term rentals, and how to build a vacation rental strategy that will match your goals for financial independence. Whether you’re thinking of buying a snowy chateau or a desert domicile, Rob and David will help you put the pieces together so you can build a strong portfolio that will benefit you for decades to come.
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Join BiggerPockets for FREE:
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Sign Up for BiggerPockets Events Like Short-Term Rental Bootcamps:
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It's Not Too Late to Join the Short-Term Rental Investing Game:
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How to Analyze a Short-Term Rental Before Buying:
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Subscribe to David’s Youtube Channel:
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Watch Rob’s Video “This is exactly how much your property will make on Airbnb”:
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Invest with David on His Upcoming Projects:
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Connect with Rob (Roubilt) on Youtube, Instagram, and Tiktok:
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Connect with David and Rob on BiggerPockets:
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Follow David on Instagram:
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Episode 578
Show notes at: [ Ссылка ]
0:00 Intro
3:54 Step 1: Choosing a Short-Term Rental Market
11:41 Cash Flow vs. Appreciation
16:34 Step 2: Choosing Your Location
22:20 Out-of-State Investing vs. Local Investing
26:14 The 4 Short-Term Rental Categories
33:34 Vendor Availability, Competition, and Market Growth
37:14 Vacation Rental Seasonality
40:44 Step 3: Short-Term Rental Strategies
43:38 The Time Commitment of Running Vacation Rentals
46:56 How Much Risk (and Growth) Can You Handle?
50:10 Remodeling Your STR
53:59 Outro
The 5 Steps to Making Short-Term Rental Millions (Part 1)
Теги
biggerpocketsreal estatereal estate investinginvestingrentalsrental propertyinvesting in real estateincome propertybigger pocketspassive incomeshort term rentalshort term rental investingshort term rental investmentinvesting in short term rentalsairbnb investinginvesting in airbnbsvrbo investingshort term rentals airbnbairbnb investing for beginnersairbnb businessshort-term rental strategyshort term rental businessshort-term rental