The Short Term Rental Profits Show

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 mista...

Jason Hartman talks with J Massey, real estate investor, author and host of the Cashflow Diary Podcast, about his new venture into short term rentals. J and Jason discuss why J has gone into the market, where he finds the best prices, what technologies J is using in his units, and the systems he's put in place to ensure his operation runs smoothly. Key Takeaways: [2:06] J has done many different t...

Jason Hartman talks to Robbie Kramer, co-founder of SenStay, about how to invest in the short-term rental business. Robbie and his company owner or manage over 100 units, and peaked at over 250 before scaling back. Robbie talks markets that have been good for their company, how to turn a leased property into a short-term rental, how much you should expect to pay a short-term rental property manage...

Jason Hartman talks with James Guzman, founder of San Miguel de Allende Vacation, about some of the tools he's using to run his vacation rentals, as well as tips for convincing landlords that they should allow you, the renter, to use their residence as a short term rental. They also delve into how to recoup money tenants owe you, and how to truly have a successful short term rental business. Key T...

Flavia Berys, host of the Lifestyle Solopreneur podcast and teacher at Landlord Prep, joins the show to discuss the current legal landscape of short term rentals. The fight between residents and landlords of short term rentals isn't going to end anytime soon, but Flavia has her finger on the pulse when it comes to what's happening right now. She discusses where to find good, long term tenants, and...

Homee on Demand is a new app that's aiming to make property management from afar easier than it's ever been before. Your tenant can alert you to a problem, send you a picture of the issue, you can get a quote, and verify the issue is taken care of. Listen in as Sara McFarland gives a rundown of the service, how they ensure you don't get ripped off, and how you can best use it in your portfolio. We...

For our first 10th episode show, Jason goes off topic with former Marine snipe Jake Wood, now co-founder of Team Rubicon and author of Take Command: Lessons in Leadership: How to be a First Responder in Business. Team Rubicon takes military veterans and utilitizes their unique training for disaster response more effective and efficient. The two discuss the important elements of leadership, some ti...

Jason Hartman talks with Ryan Schellhous, founder at IndigoSpire CPAs & Advisors, about the new tax plan. The two start off with a 30,000 foot overview of the plan, then drill down into specific components of the plan as they figure out who is going to be helped and who may not see as much of a benefit under the plan. Ryan explains the biggest revenue raisers and "losers" under the new bill, and s...

The short-term rental market ranges from random studio apartments in any city across America to high end vacation homes in desirable markets. InvitedHome manages properties in the high end vacation home side of things and is trying to bring professionalization into the short-term rental market. Market share for short-term rentals has exploded in the past decade, becoming roughly 4x bigger than it...

There is a lot of talk in the news lately about a possible downturn in the US economy, yet Jason's guest, Ali Wolf of Meyers Research is staying bullish. She says the important indicators to watch aren't showing the normal warning signs of a market drop. Ali also discusses the trends of Millennials with regards to renting vs. buying a home, their purchasing cycles and what they are willing, and no...

Business conscious people are leaving California in droves. Expert, Author, Attorney, Speaker and Advisor, Garrett Sutton shares his insight as to possible reasons for the mass exodus. He also describes the latest changes to IRS rules regarding LLCs and LPs, how income property investors can protect themselves from internal and external threats and how property holders can avoid large transfer tax...

Maureen Regan, President of Seaside Vacation Rentals and former president of Vacation Rental Management Association, joins the show to talk about what's going on in the short term rental market, how your home can actually take less of a beating with short term tenants, how to market your property, and how to be a good host. Key Takeaways: [3:38] Where Maureen's properties are and how business is [...

While sites like AirBNB and HomeAway have brought short term rentals into the limelight, it's not a new thing. In fact it's been around for more than 3 decades. Today's guest, Mike Harrington, is President of Topsail Realty and President of the Vacation Rental Management Association (which was formed in 1985). He and Jason discuss what's going on in the vacation rental market, the march toward sta...

Sites like AirBnB, HomeAway and the like are popping up and being used more than ever. Many people believe that they need to be in high traffic cities like LA, NY, Miami, etc, in order to take advantage of owning a short term rental property. Wendy Sweet, Principle of Carolina Hard Money, talks with Jason Hartman about how she's making her AirBnBs thrive out in "the middle of nowhere" and some of...

The sharing economy isn't going anywhere, and people can make a lot of money getting involved. But you have to be smart about how you invest. Each property is different, each market is different, and each day is different, which can make figuring out exactly which properties are going to be best for purchase. Scott Shatford, founder of AirDNA, talks with Jason Hartman about the tools his company o...

Julia Spencer used to invest in long-term rental homes, but decided to switch over to short-term rentals a few years ago. She shares with Jason what she has learned over the years while self-managing the properties she owns, and gives some tips on how to avoid pitfalls that she experienced. The fears of an all consuming time commitment, never being able to go on a vacation, and having your home de...