Round Table | Breaking Down Short-Term Rentals as a Passive Income Option

If you've traveled to different places, you would have stayed in a short-term rental property or used Airbnb to find suitable accommodation. And you're not the only one. A growing number of people are choosing to stay in short-term rental properties instead of hotels, so if you're planning to venture into real estate, consider investing in short-term rentals (STR). After all, a short-term rental investment remains lucrative in 2023.

To learn more about STR, tune in as Russ, Joey, and the Financial Freedom Coaches discuss the following:
Tactical ways to find short-term rentals
How to acquire short-term rental properties
How to operate short-term rentals

And more!

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05:03 - Why do you think this topic is so important for us to talk about right now?
09:45 - How did you find your property?
12:37 - Was yours accidental, and did you stay local?
16:18 - What should we watch out for when trying to find these units?
17:14 - How would I know if the market is saturated?
24:47 - What are the best ways to acquire short-term rentals?
29:10 - What do you get at the end of your lease?
30:02 - What are some benefits of owning the property vs. leasing it?
33:53 - How do we operate short-term rentals?
35:32 - Who are the key team members people need to operate their unit with as little hands-on as possible?
36:39 - How do we make this work on autopilot? Do we need all the tech stack out there?
39:15 - What are your final thoughts?

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www.wealthwithoutwallstreet.com/podcast/round-table-breaking-down-short-term-rentals-as-a-passive-income-option

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