Challenges and Risks in Managing a Multi-Unit Airbnb/STR Business

Exploring the complexities of managing guests in a multi-unit Airbnb business, from handling security holds and communication challenges with customer service to the risks of over-reliance on third-party platforms and the benefits of building direct listings.

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In this week’s episode, Robert Leonard talks with Isaac French all about short-term rental investing, and specifically Isaac’s unique short-term rental experience he built from the ground up.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

03:22 - How he started and sold his first business.

11:55 - How to automate a short-term rental property.

29:03 - Why his property is now worth over $5M.

29:03 - Which platforms you should use for STR bookings.

34:12 - His thoughts on the pending, or current, recession and STRs.

46:07 - What a cost segregation is.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Robert’s book The Everything Guide to House Hacking.
Email for free book: contact@everythinghousehacking.com.
Related episode: Listen to REI103: The Truth About Airbnb Investing w/ Travis Zappia, or watch the video.
Related episode: Listen to REI088: Short-Term Rentals Masterclass w/ Tony Robinson, or watch the video.
Avery Carl’s book: Short-Term Rental, Long-Term Wealth.
Robert Kiyosaki’s book Rich Dad Poor Dad.
Everything you need to know about house hacking taxes.
All of Robert’s favorite books.

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SPONSORS

Support our free podcast by supporting our sponsors:

⁠CFI Education⁠
⁠Airbnb⁠

Connect with Robert: Twitter | LinkedIn

Connect with Isaac: Website | Twitter

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