Vacation Rental Revolution Podcast

Elise was looking for an asset that could help her save on the massive tax bill she was paying each year when someone suggested she look into investing in short term rentals. She dove in right out of the gate and bit off a bit more than she had planned with an older home purchase that needed some work.However, through the challenges, she has become hooked on the many possibilities of building lifestyle and financial freedom investing in vacation homes. I can't wait for you to hear her story and I hope you enjoy it as much as I did. As always, thanks for being the best part of this show and please subscribe and leave us a review if you find value in what we are doing.Cheers,Shawn MooreFounder, Vodyssey.com You can check out Elise's vacation home or book a stay on AirBNB at the link below: https://www.airbnb.com/rooms/778127208429738774

I'm joined today with one of our Vodyssey Empire Club members, Benjamin Kimball. Ben shares his amazing story of grit and determination to reach his goals despite some huge challenges and hurdles along the way. I can't wait for you to hear his story and I hope it is as inspirational to you as it was for me. As always, thanks for being the best part of this show and please subscribe and leave us a review if you find value in what we are doing.Cheers,Shawn MooreFounder, Vodyssey.comYou can visit Ben's properties and book a stay at the links below:https://www.airbnb.com/rooms/51491507https://www.airbnb.com/rooms/50002008https://www.airbnb.com/rooms/618750601524539540https://www.airbnb.com/rooms/699999888857707150

My #1 goal has always been to help investors not only succeed in vacation rental investing, but to also walk into this game with their eyes wide open.I've always said that short term rental investing is not the right fit for everyone. In today's episode, I want to share 3 things you should be aware of BEFORE you dive into short term rental investing. ​​​​As always, thanks for being the best part of this show and please subscribe and leave us a review if you find value in what we are doing.Cheers,Shawn MooreFounder, Vodyssey.com

You can feel it in the air—economic concern is riding high with the consensus of many economic forecasters predicting at least a mild recession in 2023. But there are a few bright spots, too. Data shows us that the vacation rental industry has more cause to stay optimistic than despair, as travel tailwinds still have the power to overcome economic headwinds. With employment remaining strong and consumer interest increasingly turning to travel, the diverse and often affordable experiences offered by short-term rentals (STRs) will continue to draw crowds in 2023—both on the supply and the demand side.In short, the performance forecasting isn’t quite on par with the stellar and even dramatic results the industry saw in 2021 and 2022. But it’s clear 2023 will be a year of mature performance from an industry that recovered more nimbly than conventional lodging and recently reached all-time highs in supply, demand, and total revenue.As always, thanks for being the best part of this show and please subscribe and leave us a review if you find value in what we are doing.Cheers,Shawn MooreFounder, Vodyssey.com

2022 is winding up and the STR market is ending with another banner year. However, there are signs of a shifting market and whether you currently own a short term rental or you are thinking of purchasing one, there are things you should be doing to prepare for the new opportunities I anticipate seeing in 2023.In today's episode, we will talk about what you can be doing to prepare for new opportunities in the coming year.As always, thanks for being the best part of this show and please subscribe and leave us a review if you find value in what we are doing.Cheers,Shawn MooreFounder, Vodyssey.com

Unfortunately, a lot of people just drift through life with no real plan.Less than 53% of people even have long term plans which causes them to react to different short term events. This causes a lot of stress and ultimately holds them back from ever achieving their dreams.One of the most common things you will hear them say is that they will "Wait & See". They avoid making decisions and become very reactionary. In today's episode, I want to challenge you to think about your long term plans and not become reactionary to short term events.As always, thanks for being the best part of this show and please subscribe and leave us a review if you find value in what we are doing.Cheers,Shawn MooreFounder, Vodyssey.com

Now is the time of year that most people begin to take their foot off the gas pedal.   People tend to relax and begin to procrastinate during the holiday season. Thanksgiving, Christmas & New Year's are holiDAYS not holiMONTHS.Before we dive into all of that, I want to share with you why most people fail and the 3 key points you should be aware of to set yourself up for success.  How leverage really works, How to multiply time, & Why new opportunities are making you poor. Most people start to relax, make excuses & push things off until the first of the year.  You may even have a tendency to take it easy right now. This is the time to accelerate your progress and gain some massive ground on not only the competition but also the old you, without giving up the fun of the holidays.As always, thanks for being the best part of this show and please subscribe and leave us a review if you find value in what we are doing.Cheers,Shawn MooreFounder, Vodyssey.com  

Today I was joined by Kim Lalande, CEO & Founder of KEY.coKim founded KEY to help vacation home owners bring 5 Star Concierge services to their guests.  We are always talking about the importance of delivering the fairytale experience. Whether your guests want to enjoy a stocked fridge upon arrival, indulge in a dinner prepared by a private chef or reach peak relaxation with an in-home massage, KEY has you covered.  We had a great conversation on merging technology with hospitality to really elevate your guest's experience. As always, thanks for being the best part of this show and please subscribe and leave us a review if you find value in what we are doing.Cheers,Shawn MooreFounder, Vodyssey.com

Leslie Anne Morris, began her Smoky Mountain investing journey while living and working in Los Angeles. Leslie had been a commercial banker for over twenty years and wanted to begin building true wealth.From the minute she closed on her first investment cabin she knew she had made the right choice. The cabin was an overnight success!  The cash flow she made from her first investment allowed her to quickly scale her portfolio and today she has 10 short term rentals. Leslie’s mission is to be a driving force that helps empower women to begin investing, her ultimate goal is to create 1,000 women millionaires! You can find Leslie on Instagram @leslie.anne.morris or on her website: www.LeslieAnneMorris.comAs always, thanks for being the best part of this show and please subscribe and leave us a review if you find value in what we are doing.Cheers,Shawn MooreFounder, Vodyssey.com

One of the most important questions an investor needs to answer before purchasing a property is: What is the investment & revenue potential of this property?In today's episode, I want to explain to you our approach to analyzing income potential on short term rental deals. This is exactly how we put everything together so that we can mitigate our risk and recognize opportunities as much as possible. We've analyzed 1000's of deals and I am going to share with you my 3 step process.My goal is to share with you this underwriting process in detail so you have a good understanding of how any property you look at will perform as a short term rental investment.  As always, thanks for being the best part of this show and please subscribe and leave us a review if you find value in what we are doing.Cheers,Shawn MooreFounder, Vodyssey.com