Episode 221 - These Are The BIGGEST Investing Mistakes You Are Falling For
In this episode of the Vacation Rental Revolution podcast, Shawn & Dave discuss the evolving landscape of the short-term rental market, emphasizing the importance of understanding market dynamics, risks, and strategies for success. They highlight the dilution of profitability due to an influx of new investors and the significance of focusing on gaining an 'unfair share' of the market rather than just a fair share. The conversation also touches on the impact of natural disasters on investment decisions and the critical role of metrics like RevPAR in evaluating investment opportunities.You can become a part of the Vodyssey family by sending an email to:support@vodyssey.com Cheers,Shawn MooreFounder, https://vodyssey.com/Follow us:https://www.instagram.com/vodysseyshawnmoorehttps://www.facebook.com/vodysseyshawnmoore/https://www.linkedin.com/company/str-financial-freedomhttps://www.tiktok.com/@vodysseyshawnmooreChapters:00:00:00 - Intro 00:00:00 - The Show Begins00:01:20 - Who Is Jake 00:01:50 - Today's Agenda00:02:15 - USA Today Stats On STR's00:03:40 - Natural Disasters 00:08:15 - Shawn's Thoughts (AirBnBUST)00:11:25 - Fair Share Of Business00:15:30 - WE TEST SHAWN 00:23:20 - Wrap Up