From analyzing potential properties to effectively managing your listings, this book is your one-stop resource for making a profit with short-term rentals!
Airbnb, Vrbo, and other listing services have become massively popular in recent years-why not tap into the gold mine? Whether you're new to real estate investing or you want to add a new strategy to your growing portfolio, vacation rentals can be an extremely lucrative way to add an extra income stream-but only if you acquire and manage your properties correctly.
Traditional rental properties are a great way to create wealth, but short-term rentals can bring in five times more cash flow than long-term rentals. Avery Carl, the CEO and founder of The Short Term Shop, will show you how to choose, acquire, and manage a short-term rental from anywhere in the country, plus how to avoid common pitfalls and overcome obstacles that keep many would-be investors from ever getting started!
In this book, you'll learn how to:
• Identify the best markets for short-term-rental investing
• Analyze the potential income and profitability of a short-term-rental property
• Self-manage a short-term rental right from your smartphone
• Build a local boots-on-the-ground team for an out-of-state investment
• Automate your self-management systems
• Use the income from short-term rentals to scale your investment portfolio
