57: An Introduction to Investing in Vacation Rental Properties with Matt Landau | Bigger Pockets Podcast
The sand between your toes, the soft roar of the waves crashing on the beach, the beautiful people sunbathing on the shore. If this is your vision of a vacation rental… it’s about to change!
In today’s episode of the BiggerPockets Podcast, we chat with vacation rental expert Matt Landauabout getting started as a vacation rental investor and building a scalable (and profitable) business around leasing rental properties to nightly guests in great vacation areas. Matt shares a ton of great tips, tricks, and skills to help you learn more about this fascinating – and largely misunderstood – niche of the real estate space.
Additionally, Matt shares some really great tips for any landlord to decrease vacancy rates and increase profits in your real estate business, so no matter what kind of investing you currently engage in, this episode is bound to help your business improve!
So grab a beach chair, make yourself a piña colada, and sit back and relax… it’s time to take a vacation!
In This Show, We Cover:
What is a vacation rental – and why should you consider one?
The legalities of vacation rentals
Screening for the tenants who won’t destroy your property
Marketing for great tenants
The first steps in buying a vacation rental property
Expenses when dealing with a vacation property
Using Adwords to fill vacancies
The secret to getting national press for your properties
And a lot more!
Books Mentioned in the Show
The Happiness Hypothesis by Jonathan Haidt
Links from the Show
BiggerPockets.com/pro
BiggerPockets.com/biz – Using BiggerPockets to Grow Your Business
VRBO
HomeAway
FlipKey.com
Vacation Rental Automatic Door Lock (via Amazon)
Pat Flynn and the “Be Everywhere” Philosophy.
Pancho- The Sea Lion Turns THIEF?!
Tweetable Topics
We’re at the beginning of a very massive trend: vacation rentals. (Tweet This!)
Be generous in having faith in people. (Tweet This!)
Create a bulletproof reputation of being the industry expert. (Tweet This!)
Connect with Matt
Matt’s BiggerPockets Blog Posts
Matt’s Website: VacationRentalMarketingBlog.com
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