Short Term Rental Riches
Episodes
34. The Easiest Way to Keep Track of Your Rental Income & Expenses
07 Jul 2020
Contributed by Lukas
As a real estate investor our goal is to acquire more properties leading to more cash flow and ultimately more wealth. But, as you continue to grow so...
33. When Should You Put Your Properties in an LLC?
30 Jun 2020
Contributed by Lukas
Let's face it, for those of us that live in the US we are living in one of the most litigious countries in the world. You've heard that you need to pr...
32. Why Hotels Are Envious of Short-Term Rentals (COVID Impacts)
23 Jun 2020
Contributed by Lukas
Hotels have recognized the trends in travel and know that a huge majority of the market that was once their customers have moved to short-term rentals...
31. Your Recommendations = Excellent Reviews = More Bookings = More $!
16 Jun 2020
Contributed by Lukas
We used to find them in paper formats, sometimes with the last guest's wine stains or food crumbles mixed into the pages but times have changed! Guest...
30. 3rd Party Bookings - Good or Bad?
09 Jun 2020
Contributed by Lukas
There are many reasons why someone may attempt to book one of our properties for someone else (a 3rd party booking). Should we accept those reservatio...
29. Information Overload! How to Organize it All
02 Jun 2020
Contributed by Lukas
How can we possibly handle so much information coming at us from every direction? The plans we have for our short term rentals, the markets we're rese...
28. Where to Find the Best Information for Your STR Business
26 May 2020
Contributed by Lukas
There is more information available online than ever before and it's growing at an exponential rate but not all of it is credible. Not all of it is he...
27. Building Your Remote Team (Essential Steps)
19 May 2020
Contributed by Lukas
With recent advances in technology we can build our "remote" team easier than ever (and there are more people in the remote working "pool" than ever b...
26. Our Future Work Environment (And What It Means For Your STR)
12 May 2020
Contributed by Lukas
The world has gone remote. More people are working from home than ever before. Will this uninvited "work from home" experiment debunk some employers' ...
25. Increasing Your Listing Exposure Without the Headache
05 May 2020
Contributed by Lukas
An easy way to gain more exposure for your short-term rental is to go on multiple channels or OTA's (Online Travel Agencies). However, this can create...
24. Essential "House Rules" For Your STR
28 Apr 2020
Contributed by Lukas
We are in the business of renting to people that we do not know personally. We have reviews to go off of but do we really know who's staying in our pr...
23. A Tool for Automating Your Business (Mindomo)
21 Apr 2020
Contributed by Lukas
It's really difficult to outsource work or automate your business without a set of instructions, or operating procedures (SOP's). We'll talk about a r...
22. Precautions for Accepting Guests Over 30 Days
14 Apr 2020
Contributed by Lukas
If you are accepting longer than normal reservations with your short-term rental (30+ days) you'll want to make sure you're protected. After thirty da...
21. Money coming your way! (And Industry Updates)
07 Apr 2020
Contributed by Lukas
Things are changing so quickly it's hard to keep up. Here are the latest updates on money you are likely ALREADY getting, necessary changes to your ST...
20. Are You Getting Denied By Lenders?
31 Mar 2020
Contributed by Lukas
It can be so discouraging. It can be so exciting. No matter which stage you're at in your real estate investment career financing will play a huge rol...
19. Where do we stand in the current crisis?
24 Mar 2020
Contributed by Lukas
We are living through unprecedented times, especially for us in the travel industry. With all the uncertainty in the air I wanted to offer my perspe...
18. Having Reserves
16 Mar 2020
Contributed by Lukas
Real estate is an amazing investment vehicle because it's predictable. But, what happens when it's not? What happens when the unexpected happens and t...
17. Mistakes - Years of Mistakes & What to do About Them
10 Mar 2020
Contributed by Lukas
We learn when we make mistakes. The more guests you accommodate the more mistakes (or learning lessons) you will likely encounter, but let's accept th...
16. This Should Make You Excited About STRs
03 Mar 2020
Contributed by Lukas
The world is changing and so is the way that people travel. 100 years ago people were riding horses to many of the cities and towns where we now opera...
15. Have You Incorporated These in Your Rentals?
25 Feb 2020
Contributed by Lukas
Our environment shapes how we feel. There is a psychology to interior design and there are certain components that comprise any living space. As short...
14. When Recession Hits, Will You Be Safe?
19 Feb 2020
Contributed by Lukas
Should you wait to get in to real estate until the economy goes through its next cycle? Will the economy go into recession? What will happen? Who will...
13. What is the Best Real Estate Market?
11 Feb 2020
Contributed by Lukas
There are hundreds of large MSAs (metropolitan statistical areas) and different markets that comprise the whole real estate market and each of them ar...
12. How Much Should I Budget for Furniture?
04 Feb 2020
Contributed by Lukas
Asking how much it costs to furnish an apartment is like asking how much it costs to pay a random medical bill in the USA. It could literally be thous...
11. Is This the Cheapest AND Easiest Way to Get Started Investing?
28 Jan 2020
Contributed by Lukas
It's a big world out there and sometimes we get overwhelmed as investors with the amount of information coming in. There are so many ways to get start...
10. The $67.5 Million Deal
14 Jan 2020
Contributed by Lukas
What ONE main principle helps you determine whether the investment you are considering is worth while? It all comes down to the numbers. Tim will illu...
9. Searching for a Property? Use a Broker or Real Estate Agent
07 Jan 2020
Contributed by Lukas
Finding a property can be difficult. Luckily there is a position for that! Brokers and real estate agents can be your key to the ultimate property dea...
8. How to Price Your Short-Term Rental Perfectly - EVERYDAY!
24 Dec 2019
Contributed by Lukas
The hotel and airline industry have been monitoring their pricing dynamically for years; every short-term rental operator should be doing the same. Th...
7. One Amazing FREE Tool That You May Not Be Using!
10 Dec 2019
Contributed by Lukas
Are you wondering how much you're spending on housekeeping materials, linens etc.? Maybe you don't like bookkeeping so you've gotten behind. The large...
6. The Most Essential Automation Component!
05 Dec 2019
Contributed by Lukas
How do you start off on the right path to automation and a passive investment with your short-term rental? You must have digital locks. With the pleth...
5. What Property Size Makes the Best Short-Term Rental?
05 Dec 2019
Contributed by Lukas
Which property size makes the most sense for your short-term rental? Consider that some properties will have better occupancy, lower expenses and attr...
4. Uncertain Regulation Changes? Must-Have BACK UP Strategies
19 Nov 2019
Contributed by Lukas
Short-term rental investing is a relatively new concept and as a result cities, counties and states don't quite know how to handle it. There are liter...
3. Owning a Short-Term Rental vs. Lease Arbitrage
19 Nov 2019
Contributed by Lukas
What are the benefits of lease arbitrage and is it a better model than actually owning a short-term rental? Did you know that you can ultimately get p...
2. How Much Money Does it Take to Invest?
19 Nov 2019
Contributed by Lukas
Financing for a short-term rental? How much does it cost? What do lenders look for and how will it be different from traditional lending? Financing is...
1. From 0 to 10,000+ Guests: Tim's Story
19 Nov 2019
Contributed by Lukas
If you're looking to invest in short-term rentals then you've found the right podcast! Host Tim Hubbard has acquired dozens of short-term rentals and ...