EP. 212 J-Ryan Stewart & Jared Higginbotham: Short-Term Rental Market
If you are interested in turning your investment property into a successful short-term vacation rental, then this episode is for you. Today we hear from J-Ryan Steward & Jared Higginbotham of Teal Door Hosting about about the short-term rental market as well as how they can work with you using their full scale management service. Note that this episode is a recording of a recent Meetup attended by our podcast host, Eric Odum. \xa0 Short term rental is a relatively new market segment within the last 10 years or so. During this current market saturation reset, J-Ryan and Jarrod expect the next 2-3 years to have really good high profits for short-term rentals. \xa0 \xa0 Key Discussion Points [00:59]\xa0Opening remarks by Eric Odum [03:52]\xa0About our guests:\xa0J-Ryan Stewart & Jared Higginbotham [04:57]\xa0Tell us about your Full Scale Managmement service to turn investement properties into successful short terms rentals [08:05]\xa0Discussion about Good and Bad Business Models for short term rentals [14:54]\xa0Do you help with the marketing when managing a property? [25:37]\xa0What things about vacation rentals that are chaning that keep you up at night? [30:00]\xa0What property characteristics make better investments for short term rentals? [31:46]\xa0What about Association or neighbor objections? [38:40]\xa0Discussion about current short-term rental rates during COVID-19 [53:27]\xa0Do you do paid consultations outside your management area? [57:55]\xa0Concluding comments