Extra Pack of Peanuts Travel Podcast

What was the craziest thing we did in 2021?  What was the most unexpected thing that happened...in a good way?  The most underwhelming thing (hint: it's the South's "#1 city")?  These questions, and more, answered in our 2021 Travel Superlatives, our annual "back of the yearbook" award show!

How many different beds did we sleep in 2021?  How many miles did we drive and fly in 2021?  And what was the longest stretch we stayed in our own home?  All these burning questions (and more!) answered in our annual Travel Stats episode that kicks off our 2021 Year in Review Season.

Scott is the founder of the best short term rental tool on the planet, AirDNA, and he joins me today to talk about the future of STR, the best markets (including one in Oklahoma??), and the one easy thing you absolutely need to do to get a 5-star rating from him that everyone messes up.

This is Part 2 of our Short Term Rental Ask Us Anything and today, we cover a whole array of topics, including if we would ever build unique properties from the ground, how much you need to get started in STR, what the biggest factors have been for our success, and even if we let friends and family stay for free.  Enjoy!

Ask and ye shall receive.  This is Part 1 of our Short Term Rental Ask Us Anything, where we answer your questions about STR.  In this episode, we cover everything from how to house hack your own home to what brand of mattress we use that guests rave about (and is cheap to boot!).  

Over the years, we've learned A LOT of lessons about how to make a magical short term rental.  Here, we give you the 14 most important lessons , from the sexy ("discover your why") to the unsexy (let's talk about locks!). 

The 15(ish) things that we happened to us in 2021 that we are thankful for - including some that were definitely unexpected (hello, Condé Nast, thanks for the love!).

Some people prefer homes that are turnkey and ready to be rented immediately.  Others prefer to renovate so they can put their own touches on a place (or they just love picking up a drill!).  And some might not be sure which is for them - or might want to both (like us!).  In this episode, we talk about the pros and cons of each and what our renovation experience has been like (hint:  some good, some not so good).

When we first set off on our STR journey, we never imagined we'd sell all of our Philadelphia properties this quickly, but...sometimes, things change and you have to buck conventional wisdom ("never sell a house within 5 years of buying it") and do something that wasn't part of the original plan. In this episode, we talk about why we bought 5 properties...and then sold them all within 4 years of owning them - and also why we sold them all in one 3 month time period.

Ok numbers nerds, it's time to have some fun.  In this episode, we break down all the important numbers you should be looking at before you purchase a property to make sure it's a home run AND all the numbers you should be monitoring after you purchase to make sure your property is optimized to it's fullest potential.  Knowing your numbers is absolutely key to having a successful short term rental (as we learned during our "meh" period in Philly) - so whether you're someone who loves the numbers or someone who shies away from them, you've got to know them, so have a listen.