Episode 231 - This Is Why 80% Of STR's FAIL... // Christmas Episode
In this episode of the Vacation Rental Revolution podcast, host Shawn & Dave discuss various aspects of real estate investing, particularly focusing on short-term rentals. He emphasizes the importance of selecting the right CPA for real estate investors, understanding the complexities of the short-term rental market, and the necessity of involving family, especially children, in the investment process.The conversation also covers effective revenue management strategies for property managers, the significance of choosing a concise domain name for business, and the critical nature of tax strategies for real estate investors as the year comes to a close.If you want to start the new year by investing in short term rentals than send us an email to:support@vodyssey.comSHOUTOUT:Jeff Chism!!Thank you sir for the bourbon and all the goodies. If anybody is in need of a lender he is our in house expert. Reach out to him at:https://www.strhomefinancing.com/Follow Us:https://www.instagram.com/vodysseyshawnmoorehttps://www.facebook.com/vodysseyshawnmoore/https://www.linkedin.com/company/str-financial-freedomhttps://www.tiktok.com/@UCSOqHabG-uj_8Sq3r8QgoEgChapters:00:00:00 Intro00:00:36 The Show Begins // Christmas 00:04:33 Should You Be Scared?00:04:45 Understanding the Short-Term Rental Market00:09:06 Involving Kids in Real Estate Investing00:11:49 Revenue Management Strategies for Property Managers00:16:56 Choosing the Right Domain Name for Your Business00:20:16 Tax Strategies for Real Estate Investors