Vacation Rental Revolution Podcast

Shawn is back from their Annual Vodyssey Live Event, where they talked about all things vacation rental. And in today’s episode, he shares some of the major takeaways from the event, specifically how to stand out in a shifting market. First, Shawn discusses the market condition and his take on an article that says, “The Real Estate Bubble is Bursting!” Then he talks about the exciting opportunities available for you, whether you're new in the game or you've been doing this for a while and the top 3 things you can do to attract more people to book your property. You’ll be surprised how simple these things are. So let’s dive in.“Don’t operate out of fear because when you operate out of fear, you make bad decisions. That’s never a great position to be.”-   Shawn MooreIn This Episode:- What are the indications that the market is shifting?- Two questions you should ask yourself - 3 things to focus on to stand out in the STR marketResources:- VRR Episode 47: The #1 Thing You Can Do To Increase Your STR Revenue Today Connect with Shawn Moore:- Website- Instagram- LinkedIn- Youtube

Today, Shawn will answer another question: “Is the short-term rental business something that we should no longer pay attention to?” The answer is a resounding NO. We are just going through a significant shift, and there will always be shifts in whatever market or industry you are in. You shouldn’t be afraid of the shift if you understand the game because the best opportunities are available during those shifts. So if you're planning to get into the short-term rental business, tune in to this episode to discover the three things you need to know to succeed in the game.“If you are in the game, understand the game, dive into the game. Understand exactly what you need to do to stand out in this crowded marketplace because it's not going to get less crowded.”- Shawn MooreIn This Episode:- What happens when markets go up?- A common mistake that happens when people become successful- 3 Major phases in the short-term rental business- The 3 things you need to know to succeed in the game Connect with Shawn Moore:- Website - Instagram- Youtube

Are you interested in starting your short-term rental business, but you're not sure where to start? You begin searching for information online, but it gets overwhelming, and you're not even sure which ones are reliable. In this episode, Shawn answers many of the questions you asked. From financing your first property to creative marketing ideas and how to stand out in whatever market condition, he covers all that and more. Let’s dive in,“People travel for unique experiences. If you can set your property up in a nice area and make that property part of their experience, that’s how you're going to stand out.”-   Shawn Moore In This Episode:- How do you gather information and focus when the world is screaming that the sky is falling?- Is there a strategy that will allow me to rent out a home without owning it?- Can you talk about syndications and joint ventures? Do these investors need to be accredited investors?- Do you find it more difficult to do business in California than in other states? - What is your response to the video that the vacation rental bubble is about to crash?- It is best to wait for a recession to get a better deal, or should I hop in now? Are you familiar with tax lien certificates?- Do you have contact information for short term-rental insurance? - Is there a way for people without large nest egg to acquire lifestyle properties?- Can you do an episode with case studies and success stories?- Can you talk about creative funding strategies to continue growth? - How do we drive more eyes and ears to our vacation rental to increase bookings? How can we improve the traffic to our website and build a repeat customer base?- Can you talk about the 1031 Exchange?- How do you maintain a competitive advantage that can withstand a potential market downturn? - What is the best way to scale but not get overleveraged?- Is it still a good time to buy a rental property with the high interest rates and saturated market?- Can you share success stories with people buying less expensive properties?- If you had to start over in today's market, what would you do?- How do I leverage my current financial position to get into the game? What are the different sources of purchasing without overleveraging?- Does this make sense for those who are retiring soon? I don’t want to head into retirement with a bunch of debt. At what age does this process stop making sense?- How can you maximize the revenue from your property?- Is it possible to do a 10% down on a second home deal? Do you work with lenders who can do that?- What is the cost to invest in your program? How much do I need to set up a property?- Can you address the slower year in the industry?Resources:- Finance Your Property with just 10% Down- Helpful Tool: AirDNA Connect with Shawn Moore:- Website- Instagram- LinkedIn- Youtube

In this episode, Shawn is joined by Dr. Thomas Black as they discuss how to take advantage of real estate, why you should write-off as much as you can on your taxes, and how to choose where to invest. Dr. Thomas Black is a physician, real estate investor, co-founder of Napali Capital, and a member of Odyssey. Tune in to learn how Thomas started with renting out his own house to now having 1,500 units and 3 hotels under his control.“Failures are lessons. You either win or you learn.”-   Dr. Thomas Black  In This Episode:- What motivated Thomas to be interested in real estate- Learn how Thomas makes 7-figures on his tax bill- How taking risks as an investor helps the economy overall- How a 30 hour work week can make you millions of dollars- Why single-family rentals are the best way to enter the real estate field Resources:- The Passive Income Physician- The Tax CureConnect with Dr. Thomas Black:- WebsiteConnect with Shawn Moore:- Website - Instagram- Youtube

From 0 to 5 properties in 18 months focusing on smaller, less know vacation rental markets. Christian Schofield joins me to share his journey of building his impressive portfolio in a short period of timeChristian shares the ups, downs and everything in between as we dive into the journey into their first vacation rental investment.Similar to all of our success stories, here’s what I can tell you about Christian. He is hungry, driven, up for the work, and HE LISTENS.I’ve worked with thousands of people who say they want to build a portfolio of Lifestyle Assets, and I can tell you that the people who get results are always the best listeners and they take massive action.Most people listen with the intent to reply, Christian listens with the intent to understand. That understanding then turns into action, that action into results.Go listen to his awesome story on this weeks podcast episode.As always, thank you for listening and being the best part of this show.Cheers,Shawn MooreFounderVodyssey.comLinks to Christian's Properties:https://www.airbnb.com/rooms/51505517?preview_for_ml=true&source_impression_id=p3_1647388686_2W%2B9kF%2BMKIjn1BNehttps://www.airbnb.com/rooms/51597690?preview_for_ml=true&source_impression_id=p3_1647388770_G6LTCSRos3Ui9Cv2https://www.airbnb.com/rooms/53974181?preview_for_ml=true&source_impression_id=p3_1647388791_4ObtmD6K2n1fieUphttps://www.airbnb.com/rooms/568052587376449538?preview_for_ml=true&source_impression_id=p3_1647388819_FBRtGmowRPWGcddn

First Time Vacation Rental Owners, Chris Ronshagen & Jess Kenney, were first time investors jumping into the vacation rental market at arguably the toughest time to purchase a property in a long time. Chris shares the ups, downs and everything in between as we dive into the journey into their first vacation rental investment. Similar to all of our success stories, here’s what I can tell you about Chris and Jess. They are hungry, driven, up for the work, and THEY LISTEN. I’ve worked with thousands of people who say they want to build a portfolio of Lifestyle Assets, and I can tell you that the people who get results are always the best listeners and they take massive action. Most people listen with the intent to reply, Chris & Jess listen with the intent to understand. That understanding then turns into action, that action into results. Go listen to their awesome story on this weeks podcast episode. As always, thank you for listening and being the best part of this show.

There are a lot of things going on right now in the world.    Interest rates are going up.  Inflation is on the rise.  Markets are unstable.  Is now the time to hit the pause button on jumping in to the STR game?  My right hand guy here at Vodyssey, Scott Marshall, joins me to discuss this and many other topics around investing in short term rentals.  I had a chance to riff on a number of things during our conversation. I hope you gain some insights from our conversation and enjoy this episode. For more information & expert advise.  Visit www.Vodyssey.com

As short term rentals become more and more main stream, there is a lot of information our there about short term rental investing.   If you are interested in investing in short term rental or you are currently investing, I am sure all of the advice can be daunting and even confusing at times.   There is definitely no shortage of opinions and advice out there.   Heck, I am one of those people adding to that noise.   Today, I want to talk to you about some questions you should be asking yourself as you run down this road.  Hopefully this will help you to filter out some of the noise so that you can really reach your property investment goals. SPOILER ALERT:  Despite what many people would have you believe, there are no easy buttons.  Regardless of what advice you get, you are responsible for your success or failure and it is up to you to vet out the advice you are getting.   As always, thank you for listening & I hope you enjoy this episode.    

First Time Vacation Rental Owners, Steve & Linda Cummings, were first introduced to vacation home investing less than 4 months ago. Steve & Linda share the ups, downs and everything in between as we dive into the journey into their first vacation rental investment. Similar to all of our success stories, here’s what I can tell you about Steve & Linda. They are hungry, driven, up for the work, and THEY LISTEN.  I’ve worked with thousands of people who say they want to build a portfolio of Lifestyle Assets, and I can tell you that the people who get results are always the best listeners and they take massive action. Most people listen with the intent to reply, Steve & Linda listen with the intent to understand. That understanding then turns into action, that action into results.  Go listen to their awesome story on this weeks podcast episode. Go check out their property below: https://www.vrbo.com/2636081?adultsCount=7&arrival=2022-05-04&departure=2022-06-08&fbclid=IwAR0aAP51i31zZH3jLhsmJ-CDclaqh52hMYCW1U41xiz5dc46Q8uZhr6IcUo

Successful Vacation Rental Owners, Freddy & Almoraima Falck were first introduced to vacation home investing less than 10 months ago and now have built a portfolio of 3 beach homes in that short time. Freddy shares the ups, downs and everything in between as we dive into their journey in the vacation rental world. Similar to so many success stories, here’s what I can tell you about Freddy & Almoraima They are hungry, driven, up for the work, and THEY LISTEN.  I’ve worked with thousands of people who say they want to build a portfolio of Lifestyle Assets, and I can tell you that the people who get results are always the best listeners and they take massive action. Most people listen with the intent to reply, Freddy & Almoraima listen with the intent to understand. That understanding then turns into action, that action into results.  Go listen to their awesome story on this weeks podcast episode. Go check out their properties below: https://abnb.me/Goy9lVo25jb