Episode 124 - Kickstarting Your Airbnb Co-Hosting Journey With Natalie Palmer

Feb 22, 2023

Ask episode

Chapters

Transcript

Episode notes

The most common question that comes to mind with real estate investing is: where do I start? While there’s no one right answer, this week’s guest is passionate about sharing one the easiest way to get into real estate investing: Airbnb co-hosting!

This week, Craig and Zeona are joined by Natalie Palmer, a certified Airbnb Ambassador with 17 Airbnb Superhost awards and 9 rentals under her belt. In this episode, Natalie shares how she went from managing just one unit to purchasing her very own property.

If you’re looking for a stable source of passive income without much capital, then Airbnb co-hosting might be perfect for you! Join us in this episode and learn the importance of diversifying, setting boundaries with renters, and asserting your value as a property manager.

PODCAST HIGHLIGHTS:

[3:16] The Surprising Power of Short-Term Rentals
[5:48] A Lightbulb Moment: Natalie Decides to Go Full-Time
[7:45] How Furnishing Can Affects Profits
[10:59] Natalie Tells All: The Cost of Her First Purchase and Renovations
[16:00] Dealing With Renovations On Her First Property
[18:47] Setting Ground Rules to Avoid the Need for an Eviction
[21:40] Diversifying Into the RV Business
[27:31] Arbitrage vs. Co-Hosting
[32:01] All You Need to Know About First-Time Co-Hosting
[36:28] How To Communicate Your Value to Property Owners
[43:00] Natalie’s Best Piece of Advice for Beginners
[46:37] Setting Much-Needed Boundaries With Renters
[51:14] Real Estate Investing as a Means to Spend More Time With Family

Affiliate Links:

1. Don’t miss out on resources of great value for real estate starters. Visit FITeam’s website! — https://www.thefiteam.com/

2. Join a supportive community of over 1200 passionate like-minded investors! You can find your very first short-term or medium-term rental here, as well as accountability buddies and bi-weekly webinars:
AirBnB Investing - https://www.facebook.com/groups/airbnbinvesting

3. Listen to Natalie’s podcast No Vacancy on Spotify and Apple Music where she gives tips and tricks on how you can get started on building your short-term rental empire!
https://open.spotify.com/show/6JLknb9bvjB5wjUquuYxW8?si=4c43c2764a1b4410 II https://podcasts.apple.com/us/podcast/no-vacancy-the-podcast-with-natalie-palmer/id1620243933

4. Stop by Natalie’s all-women STR Summit happening this February in Scottsdale, AZ! - https://www.instagram.com/levelupyourlistin

5. www.rentredi.com and use our CODE: INVEST2FI to get 50% off on their first 6 months.
www.rentredi.com — CODE: INVEST2FI

6. Kaplan Real Estate Education (we have the recording as well)
They can go to the website -https://www.kapre.com/
and use our CODE - Invest2

7. AirBnB Hosting course
This course is designed to walk you step by step from purchasing a property, setting it up to rent, to becoming an AirBNB SuperHost.
You can register FREE COURSE here:https://www.stepbystepbnb.com/a/2147508384/zG79Sujh