578: The Secret Sauce Behind Short-Term Rental Success (Part 1) w/Rob Abasolo | Bigger Pockets Podcast

Short-term rentals have taken the world by storm. Over the past two decades, the bed and breakfast type business has fallen prey to the more scalable short-term rental model. Real estate investors quickly realized that they could capitalize on the long-term equity gain of rental properties with the cash flow of hotels in one highly-lucrative asset class. Thus, the rise of the short-term rental, VRBO, and Airbnb investor was born.
Arguably the most notable short-term rental investor in the space today is good friend of the show, Rob Abasolo. Rob is such a pioneer in the short-term rental investing area, that veteran agent, broker, and investor David Greene, has partnered up with him to collectively build their cash-flowing, equity-increasing empire together. With dozens of deals under both of their belts, Rob and David walk through the five steps that it takes to find success in the short-term rental space.
This episode is split up into two sections, with the latter coming out right after this one. In this show, Rob dives deep into finding a short-term rental market that fits your needs and goals, choosing a location that specifically benefits you as the investor, the different types of short-term rentals, and how to build a vacation rental strategy that will match your goals for financial independence. Whether you’re thinking of buying a snowy chateau or a desert domicile, Rob and David will help you put the pieces together so you can build a strong portfolio that will benefit you for decades to come.
In This Episode We Cover:
Choosing a short-term rental market and what aspects to look for
Cash flow vs. appreciation and which matters more when it comes to STR investing
The four types of short-term rental markets and which have the best chance of success
Seasonality and factoring it into your revenue and profit calculations
The risks of investing in vacation rental markets and how to scale your portfolio faster
And So Much More!
Links from the Show:
BiggerPockets Forums
BiggerPockets Youtube Channel
Airbnb
Brian Chesky's Linkedn profile
Julian (San Diego, California) town profile
Eureka Springs City (Arkansas) profile
Waco City (Texas) profile
Chip and Joanna Gaines HGTV profile
Copperopolis Town (Calaveras County, California) profile
AirDNA
Destin City (Florida) profile
Gatlinburg City (Tennessee) profile
Great Smoky Mountains
Zillow
Redfin
Robuilt YouTube Channel: HOW MUCH MONEY MY TINY HOUSES MAKE and why Airbnb is the best way to make passive income
Robuilt YouTube Channel: This is exactly how much your property will make on Airbnb

Check the full show notes here: link

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