2min chapter

Patryk Real Estate Show - Short Term Rentals cover image

4: Sold An 130 Property Airbnb Business Doing $8M In Income

Patryk Real Estate Show - Short Term Rentals

CHAPTER

How Julie George Sold Her Short-Term Rental Business

Julie George is known as the million-dollar host. Her new book, Hospital Hosts will be turned into a Netflix series. She started her short-term rental business six years ago and sold it just prior to COVID. Now she's teaching other budding entrepreneurs how to achieve their own success in the industry.

00:00
Speaker 2
Before we get into even all that, why don't you go ahead and explain your 90 second. Who are you? What do you do? What's Julie George doing day to day? What's she up to? What's she accomplished in short-term
Speaker 1
rentals? My favorite story to tell. OK, so folks, if you haven't heard of me, I'm also known as the million-dollar host, shamelessly plugging my book right behind me, as well as the newest book that I've written called Hospital Hosts. It's about to be turned into a Netflix series. So if you're a Netflix watchers out there, stay tuned. You may see this face and this hear, this voice on your televisions very soon. My claim to fame is that back in 2016, all those years ago, six years ago, it's just crazy how quickly things can change. But back in 2016, I had one short-term rental. I discovered the amazing returns on investment. I realised the incredible people that were coming through my property and just looked at the opportunity and thought, I can do this for other people. I can take property investors' homes and properties and turn them into short-term rentals, charge a commission for it and start a property management business. So I did that 2016, started to host my home in Australia, grew that to 130 properties. Yes, 130 properties, two and a half years. Very, very quick scaling of that business. And over $8 million in income generated in that time. So massive success in the short-term rental property management business. 2019, I had a knock on the door, someone wanted to buy my business. And so folks, we are talking about a sellable business that we are creating when we're managing other people's homes. Sold my business just prior to COVID. How's that for working into the future? So just a few months prior to COVID, sold my short-term rental business. And now I get to, well, and at the time, Zoom became my best friend because I would start consulting and teaching other budding entrepreneurs just how to replicate the success that I've had in the short-term rental industry. So stage, TV, media, writing books, this is my life now. But it's all about giving back and hopefully helping others and impacting on others and showing them how that they can maybe turn short-term rentals into a full-time geek for themselves or an empire, just like I did.

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