HI 153 - Creating a Profitable Airbnb Portfolio with Nate Secor
Heroic Investing Show
English - October 30, 2018 04:57 - 30 minutes - 21.5 MB - ★★★★★ - 25 ratingsInvesting Business Education military police Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Jason Hartman talks with Nate Secor about his transition from the long-term rental market into the short-term rental universe. Nate opens up and shares profit margins, business planning, home picking, furniture finding and more as these two discuss every aspect of starting up your short-term empire.
Key Takeaways:
[1:36] Nate's evolution from long term rentals to short-term
[6:04] One of the mistakes Nate's made along his short-term rental journey, and why you should target cities that charge a tourism tax
[10:32] Nate's an Airbnb only guy, but what would his second platform be if he were using one?
[11:50] What to look for in a property for a short-term rental
[13:44] How Nate is pricing his properties
[17:43] Does Nate actually visit the properties he has? And how do he and his partner split responsibilities?
[22:40] Where to find furniture and housewares