Bigger Cash Flow Podcast 006: Investing in Short-Term Rentals (AirBnB/VRBO)

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Welcome to the Bigger Cash Flow podcast, where each week, we share tips and tricks on how to grow your monthly cash flow and get out of the rat race. We also interview real estate investors and business owners to gain insight into how you too can reach your goals of financial freedom. For more information on investing, real estate, and increasing your overall cash flow, head on over to biggercashflow.com and check out some of the blog posts.

Episode: 006

Title: Investing in Short-Term Rentals (AirBnB/VRBO)

Quote of the day: “Progress always involves risk. You can’t steal 2nd base and keep your foot on 1st.”
– Fred Wilcox

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On this episode you’ll learn:

  1. How Joe got involved in Short-Term Rentals

  2. Starting out

    1. Research

    2. Airbnb Fees

    3. Analyzing a deal

  3. Costs

    1. Furnishing

    2. Insurance/Licenses

    3. Cleaning & Repair

  4. Marketing

    1. Competitive Pricing

    2. Verification

    3. References

    4. Superhost

  5. Case Study

    1. Pros/Cons

    2. Exit Strategy