When Scott Morse’s Airbnb bookings started to slow down, his cash flow became unpredictable. He needed a more consistent way to generate income from his properties. That’s when he discovered the power of renting by the room.
In this episode, Scott shares how he converted his former Airbnbs into co-living rentals and why his cash flow is now more consistent, and even higher than before.
He explains how he finds tenants, how he manages his rentals with very little vacancy and how easy the turnovers are between tenants.
Scott also walks us through the changes he made to his houses to make them work for co-living and compares his Airbnb revenue to what he’s earning today.
Scott also shares how he's finding deals today.
https://rentalincomepodcast.com/episode543Thanks To Our Sponsors:Ridge Lending Group - Making investment Mortgage process simple and stress-free.
MidSouth HomeBuyers – Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One. (Priced between $100,000 to low $200's)
Rental Accounting Software Made Easy.
Free 30 Day Trial.
Rental Income Podcast With Dan Lane