26. Dying to Airbnb? Lean FIRE with 5 properties (2.2M!) in 2 markets: Systems, processes, and tips after 2,000+ guests with Travis from @youngretireeby33
From stumbling into house hacking to building an Airbnb empire, Travis from @theyoungretireeby33 has a LOT to share with us. Travis began his journey to FI after reluctantly reading “Rich Dad, Poor Dad” and his eyes were opened to different types of investing. At 24 he bought his first home and rented out 2 of the bedrooms-and realized he could live for free! Living in Orlando, he realized that short term rentals were where the money was at. Fast forward to today, and Travis is an expert in short-term rentals, and lucky for us we get to pick his brain. We get real about Airbnb ownership, namely: what are the odds my house will get trashed? Travis explains how you can screen potential guests like you would screen a tenant, why your cleaning crew will be your best friend, and what to do when a guest steals your throw pillows (his answer might surprise you). After hosting more than 2000 guests, Travis learned from first-hand experience how to handle situations and he shares the small touches that earn him great reviews. We chat about vacation home loans and financing, property management and the processes he uses to make things easy. He shares the software he uses to automate and outsource his bookings! I'm not going to lie, now I just want to Airbnb something. You can find Travis on Instagram @theyoungretireeby33 and check out his guide to Airbnb hosting! --- Support this podcast: https://podcasters.spotify.com/pod/show/nerdsguidetofi/support