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The Short Term Show
How Cynthia and Chris Hanson Built Their Portfolio From Scottsdale to the Smokies
Mar 5, 2025
Join Cynthia and Chris Hanson, a dynamic couple from Mesa, Arizona, as they share their journey in short-term rental management. With Cynthia's 25 years in hospitality and Chris's engineering background, they discuss their strategic property choices from Scottsdale to the Smokies. Learn how they navigated the pandemic-driven rental boom, tackled local regulations, and discovered the charm of condo living. Plus, they reveal future plans for beach investments and the importance of risk-taking in real estate. A must-listen for aspiring investors!
39:27
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Quick takeaways
- Cynthia's background in hospitality management greatly facilitated their successful transition into short-term rental investments and property management.
- Their journey emphasizes the necessity of adapting investment strategies to market conditions while managing properties directly for greater income.
Deep dives
The Initial Leap into Short-Term Rentals
The hosts share their journey into short-term rental investing, beginning with their purchase of a one-bedroom condo in Old Town Scottsdale in 2014. Initially intended for long-term rental, they transitioned into Airbnb after discovering favorable HOA regulations and the potential for higher income from short-term rentals. Following this success, they expanded their portfolio by buying another condo in the same complex in 2020, stabilizing their rental systems. Their journey highlights the importance of seizing opportunities and adapting investment strategies in favorable market conditions.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode