EP05: Creating a Successful & Fulfilling Niche Vacation Rental Business with Rick Oster
Rick Oster\u2019s career has had many twists and turns. He spent most of his professional life climbing the corporate ladder as an overworked executive in the television & cable industry, and then took a detour to building his own aquatic installation company. Eventually, a curious insight led him to build his first vacation rental, a business he had zero experience in. Now, as the owner of Oster Golf Houses, Rick shares the insights and lessons that lead him to building a fulfilling niche vacation rental business. \xa0
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Show Notes
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- How Rick\u2019s went from a career in television to aquatic pond installations
- How Rick thought of building his first vacation rental and mitigating risk
- RIck\u2019s process on researching competition to understand opportunities in the market.
- Thoughts on how to eliminate competition by finding a niche
- Why you should choose a destination you\u2019re passionate about
- Why Rick focuses on having fun while marketing
- Why Rick chooses a lifestyle business over building a big business
- Rick\u2019s problems with OTA platforms like HomeAway/VRBO
- Why Rick still feels a sense of urgency in improving his business
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Resources
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Rent Responsibly (Sponsor)
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Lastly\u2026.
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Learn more about the host, visit https://mattlandau.com/
Get marketing strategies for vacation rentals, visit https://www.vrmb.com/
Collaborate with other professionals in https://community.vrmb.com/