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164. Getting Scrappy to Start Investing in Real Estate with Dr. Erin Hudson

Uncategorized May 20, 2022

One of the most frequent questions we get asked is "How do I even begin to think about buying my own STR if I don't have enough capital for a down payment?!" In this week's episode, our guest, Dr. Erin Hudson shares how she got scrappy when she decided to invest out of state with zero investing experience. If you're looking to get inspired this is the podcast episode for you!

Dr. Erin Hudson went from being in private practice to moving into single-family investment properties, short-term rentals, and then jumped into the multifamily space and is making big waves! She is one of five founding partners of Quattro Capital, which is an equity real estate firm that buys apartments ranging from 30 units to 250 units. Erin is also a licensed financial professional and helps others create their own family bank to fund their real estate transactions. She is on a mission to help women kick fear to the curb and step out in courage.

We discuss how she got started in the early stages of...

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163. Travel Hacking & Conscious Credit Card Use with Kara Greene

Uncategorized May 13, 2022

We’re all about giving a holistic approach to your short-term rental: looking at the whole picture, from safety, marketing, real estate, and more. And while we’ve touched on all of the things you need to buy for your properties, we haven’t discussed how you can best capitalize on the purchases you make to get the most out of them.

Kara Greene is an influencer on Instagram with over 47 thousand followers. She shares tips and stories from her own personal finance successes over the last 27 years, including being debt free (yes, even her mortgage), saving up for both of her children’s college educations, and redeeming over $87k in travel points over the last ten years. She shares with us some of the simple ways to get started with travel hacking, how to avoid information overwhelm, and approaching credit cards without taking risks.

Resources:

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162. Less is More in Luxury Real Estate with Rachel Gainsbrugh

Uncategorized May 05, 2022

Rachel Gainsbrugh went from being a healthcare professional by day to real estate investor by night in the luxury and corporate short-term rental space to taking on real estate full time. Now, she’s passionate about teaching busy professionals how to create a life they won’t want to vacation from – all by investing in luxury vacation rental and ownership investment in the most profitable markets out there. We talk about what luxury means, how to create that luxury experience your guests are looking for, and how to get started purchasing and renting out luxury properties of your own.

Resources:

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#STRShareSunday: Rosehill Cottage Rappahannock

strsharesunday May 02, 2022

It's time for #strsharesunday! Today we are sharing Rosehill Cottage Rappahannock!

Ok... how's this for an opening line: "Cultivating a quintessentially Virginia home on the Rappahannock River and tending to its rose garden."

Talk about STUNNING!

You're going to get lost in this property in their incredible attention to detail. The hosts have really woven in what the river with the design of the home.

Their host is a blogger, so you can shop the home too! Check them out, give them some love, pay attention to every single detail in each of their rooms, and add this place to your wishlist!

Rosehill Cottage on Instagram

Rosehill Cottage on AirBnb

Rosehill Cottage Website

We would love to feature YOU, so don’t forget to use #STRShareSunday to get your chance! 

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161. Simplify Ordering & Save on Furnishing Your STR with Minoan

Uncategorized Apr 28, 2022

Shopping for your property never gets old. It’s not just about doing it as quickly or cheaply as possible—it’s about putting a piece of yourself and your style into your short-term rental. But while the shopping experience might be fun, there are plenty of parts that aren’t—from seeing the price tag at the end of it all, to juggling tracking and deliveries across multiple brands, and more.

Marc is a self-proclaimed boutique geek and is passionate about the future of retail. After spending nearly 6 years working at Jet.com (acquired by Walmart), he quickly realized that the best product experiences don't happen on screens or shelves—they happen in real moments of use “in the wild.” 

Marc founded Minoan to help hosts create, and capitalize on, rich moments in their homes, save money on everything they need to buy, and spend a fraction of the time on the unsexy things that come along with ordering. Minoan turns your properties into...

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STR Share Sunday: Welcome Slough Floating Home

strsharesunday Apr 24, 2022

It's time for #strsharesunday! Today we are sharing our first ever floating home, Welcome Slough Floating Home!

There's a first time for everything, right? Here's what you need to know about a floating home: yes, it really is a FLOATING home, and it has views on views on views! Talk about water front property, am I right?

We love the design of this space, from the blue couch to the backsplash to the creative coffee bar. This is such a unique, gorgeous rental. Next time we're in Washington, can we come float with you?

Welcome Slough Floating Home on Instagram

Welcome Slough Floating Home on AirBnb

We would love to feature YOU, so don’t forget to use #STRShareSunday to get your chance!

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160. Making the Short-Term Rental World More Accessible with Lorraine Woodward

Uncategorized Apr 21, 2022

In this episode, we break down the endless opportunities available by making your property as accessible as possible.

Lorraine Woodward is founder and CEO of Becoming RentABLE, a new listing platform where she and her team are aiming to change the way the short-term industry looks and redefine what it means to have a truly accessible STR.

We talk about what makes a property accessible (or not), how much money the industry is missing out on due to inaccessibility, and what it means to people to have access to amazing vacation rentals like yours. You’ll laugh, you’ll cry, and your mind will be blown.

Resources:

  • BecomingRentABLE.com
  • Visit thanksforvisiting.me/workshop to watch our Hosting Business Mastery Method workshop!

#STRShareSunday: @welcomesloughfloatinghome

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#STRShareSunday: Lucky Bend Lookout

strsharesunday Apr 18, 2022

It's time for #strsharesunday! Today we are sharing Lucky Bend Lookout.

Shoutout to Sarah! No, not our Sarah. This is a different Sarah! She's been hosting since 2013 and here's what we LOVE about what she's doing with her space.

When you go to her direct booking site, she has a chat capability on the site. Her face pops up and you can chat with her, so if you have a question, it's SO easy to ask it! She also has a popup on her website that asks if you've gotten your free gift yet. What's her free gift? It's a free map with 20 of the best Sonoma County wineries for families!

Sarah and her family are Sonoma area bloggers, and their blog is specifically catered to families. What a great way to tie her property to her blog and giving free value to her guests before they even book.

We can tell immediately that Sarah puts her guests first and that anyone she hosts will have an amazing stay there! Well done Sarah!

Lucky Bend Lookout on Instagram

LuckyBendLookout.com

We would love...

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159. Back to Basics: Fire Alarm 101 with Justin Ford

Uncategorized Apr 14, 2022

It’s been far too long since Justin Ford has been on the show, but don’t worry, he’s going to make up for it. He’s been steeped in the short-term rental industry since his last appearance, and he’s going to share with us all of the trends and themes he’s noticed when it comes to safety. One issue in particular that he keeps seeing is that people still don’t have smoke and carbon monoxide alarms in their homes, and there’s no excuse for that. In this episode, he shares why fire alarms and CO detectors are so important and what you need to know about them to keep your guests safe.

 

Resources:

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#STRShareSunday: Carolina Wildwood

strsharesunday Apr 11, 2022

It's time for #strsharesunday! Today we are sharing Carolina Wildwood!

Who's up for an adventure?

The first thing we love is that their link in bio is their website. We believe that digital real estate can not only coincide with your physical real estate, but enhance it. We highly highly highly recommend a branded website for your space!

This space is in the wilderness and they've really catered to the outdoorsy folk that may want to book with them. They have a bike rack for their guests to store their bikes. Also, you know we just *love* hooks all over a STR, but get this, they take it a step further by hanging backpacks on them for their guests to utilize when they go on a hike! They also have a special shelf called their "Adventure Wall" which has all the local trail maps where their guests can hike in the area.

Thematically, they are really catering to guests who want to come and enjoy the great outdoors and have designed some simple but meaningful touches to really...

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