Retiring at 30 Using Short Term Rentals with Zeona McIntyre
Road to Family Freedom
English - May 20, 2019 09:00 - 47 minutes - 66.4 MB - ★★★★★ - 27 ratingsInvesting Business business investing realestate financialfreedom realestateinvesting firemovement flipping invest property rental Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Zeona McIntyre is earning $10-15k a month through her portfolio of vacation rental properties and her co-hosting service for other property owners. All this has afforded Zeona financial independence at a very young age, as she built her operation largely by piggybacking on the growing popularity of Airbnb. With a small team, some smart decisions, and some online tools, Zeona now manages her business from her home in Boulder, Colorado relatively hands-off.
What’s her destination?
She wanted to achieve early retirement by age 30. She is well past that, and now struggles with whether she should keep growing or just enjoy life.How much money did she get started with?
Got started as a side hustle with very little money. She sublette the apartment she was renting as a short-term rental (rental arbitrage). While she doesn’t recommend doing that now, that’s how she got started.Bought her first property using a private loan.How long did it take for her to educate herself?
She learned while doing. AirBnB made it very easy to get started and she just “learned by doing”.How much time does it take her now?
It’s not entirely passive, but you can outsource and automate things as you achieve scale, typically 3 plus properties.Cleaning and unit turnover is where most of the work is and it’s the first thing you’ll want to outsource.Could she do this from anywhere in the world?
Yes, as long as she had access to the internet and co-hosts in place.What you’ll learn about in this episode
How Zeona McIntyre got into real estate investingWhere Zeona McIntyre first got started with short term rentalsHow Zeona McIntyre got started with AirBNB arbitrage of the place she was rentingWhat's her ultimate goal?How she educated herself on operating a short term rentalHow to evaluate a property for a potential short term rentalHow to finance the purchase of a short term rental without bank financingHow passive is it to operate multiple short term rentalsThe negatives of being an Airbnb hostWhat team members do you need to hire to run an effective short-term rental business?Tips on furnishing a short term rentalWhat does it typically cost to furnish a short term rentalSome of the challenges of dealing with insurance companies on short term rental propertiesZeona offers a consulting service for people interested in becoming short-term rental hosts/investors.Subscribe to The Road to Family Freedom
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Help us reach new listeners on iTunes by leaving us a rating and review! It takes just 30 seconds and instructions can be found here. Thank you so much! We really appreciate it!
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Zeona McIntyre is earning $10-15k a month through her portfolio of vacation rental properties and her co-hosting service for other property owners. All this has afforded Zeona financial independence at a very young age, as she built her operation largely by piggybacking on the growing popularity of Airbnb. With a small team, some smart decisions, and some online tools, Zeona now manages her business from her home in Boulder, Colorado relatively hands-off.
What’s her destination?
She wanted to achieve early retirement by age 30. She is well past that, and now struggles with whether she should keep growing or just enjoy life.How much money did she get started with?
Got started as a side hustle with very little money. She sublette the apartment she was renting as a short-term rental (rental arbitrage). While she doesn’t recommend doing that now, that’s how she got started.Bought her first property using a private loan.How long did it take for her to educate herself?
She learned while doing. AirBnB made it very easy to get started and she just “learned by doing”.How much time does it take her now?
It’s not entirely passive, but you can outsource and automate things as you achieve scale, typically 3 plus properties.Cleaning and unit turnover is where most of the work is and it’s the first thing you’ll want to outsource.Could she do this from anywhere in the world?
Yes, as long as she had access to the internet and co-hosts in place.What you’ll learn about in this episode
How Zeona McIntyre got into real estate investingWhere Zeona McIntyre first got started with short term rentalsHow Zeona McIntyre got started with AirBNB arbitrage of the place she was rentingWhat's her ultimate goal?How she educated herself on operating a short term rentalHow to evaluate a property for a potential short term rentalHow to finance the purchase of a short term rental without bank financingHow passive is it to operate multiple short term rentalsThe negatives of being an Airbnb hostWhat team members do you need to hire to run an effective short-term rental business?Tips on furnishing a short term rentalWhat does it typically cost to furnish a short term rentalSome of the challenges of dealing with insurance companies on short term rental propertiesZeona offers a consulting service for people interested in becoming short-term rental hosts/investors.Subscribe to The Road to Family Freedom
Help Us Out!
Help us reach new listeners on iTunes by leaving us a rating and review! It takes just 30 seconds and instructions can be found here. Thank you so much! We really appreciate it!
Links from the show
Tweetable Topics:
Connect with Zeona:
Email: [email protected]
Twitter: @AdventurousZ
Facebook: www.facebook.com/adventurousz
Website: www.ZeonaMcIntyre.com
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