Short Term Rental Secrets Podcast Ep 234 - How Jeremy Werden Built a 7-Figure Cohosting Business from Scratch!
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Mar 24, 2025 Jeremy Werden, co-founder of BNB Calc and a successful short-term rental investor, shares his inspiring journey from losing his private equity job to launching a 7-figure cohosting business. He reveals how he scaled from boat rentals to an Airbnb empire and the key strategies for growing a cohosting business without owning property. Jeremy discusses the importance of automation, clever funding strategies, and client persuasion, while also highlighting the revolutionary tool BNB Calc for rental investors and sharing insights on optimizing operations for maximum profit.
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From Startup Job Loss To Boat Rentals
- Jeremy lost his private equity job during COVID and started a boat rental business after watching Ozark.
- That hustle led him to co-hosting lake houses, which launched his short-term rental career.
Use Clear Models To Raise Capital
- Use a simple, shareable financial model to convince banks and partners to fund deals.
- Jeremy built BNB Calc to standardize deal analysis and present branded reports to investors and owners.
Three Levels Of Business Growth
- Businesses scale in stages: do-it-yourself, build a team, then systems at scale.
- Expect margins to compress as revenue rises while buying you time and optionality.