Top Money Makers | How to Scale a Short Term Rental or Car Wash

Published: April 23, 2020, 10 a.m.

Today we talk about short term rentals and car washes. We cover the advantages of short term rentals, giving the example of a cabin that Keith bought. We discuss the ideal price for a property, as well as other expenses in getting the property ready, and how to determine a profitable rental price. We invite you to see the P&L for Keith’s cabin project on https://dincpie.com/. We compare the cabin to a condo Keith bought in Mexico. We also discuss a new project with a lot of promise that involves financing RV’s and finding farmers/landowners who are willing to rent a small part of their land. We then summarize Keith’s experiences with his car wash projects and what he learned from each, inviting you to check out his models on dincpie.com. We then give pointers for finding an ideal area for car wash and short term rental projects.

Short Term Rentals; Keith’s Cabin; Appreciation 1:03
Prospective Project: RV’s and Farmland 13:47
Keith’s Advice On Car Washes 19:27
Area for Car Washes and Short Term Rentals 25:25

“Short term rentals are brilliant, man. They are really great, but they’re getting tougher, because these different municipalities have all kinds of rules, and different permit structures, and all that kind of stuff, and it’s really easy to find you if you’re violating, because all those county people do is go into Vrbo, and Airbnb and look to see what properties are listed in their communities, and whether they have permits on file for that. So you gotta play by the rules, and I suggest that you do, but listen man, these are great investments, and a great, great return on your money.” 8:50

Reach Out To Keith, Get Help and Resources: https://dincpie.com/