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Patryk Real Estate Show - Short Term Rentals
37. Create Highly Profitable Airbnbs In Remote Markets
Dec 9, 2023
Join Sarah, a short-term rental investor and design enthusiast, as she shares her unconventional path from Airbnb Arbitrage to investing in off-the-beaten-path B&Bs in Michigan. Discover her insights on design strategies, maximizing profitability, and winter seasonality. Also, learn about her future plans and how to connect with her for more information on real estate investing.
45:53
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Quick takeaways
- Well-designed properties consistently outperform others in terms of profitability, with at least a 25% increase in revenue.
- Investing in unconventional markets with little or no data can be profitable if paired with strategic design choices and the ability to identify opportunities.
Deep dives
The Power of Design in Short-Term Rentals
Design plays a crucial role in the success of short-term rentals. Sarah, an experienced creator and short-term rental investor, emphasizes the importance of design and its impact on revenue. Through her own projects, she has seen that well-designed properties consistently outperform others in terms of profitability. Sarah believes that design and photography are essential for effective marketing and attracting guests. She recommends investing in quality design, as it can lead to at least a 25% increase in revenue. Sarah's success with her properties in Michigan showcases the power of strategic design choices in maximizing short-term rental income.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode