Vacation Rental Revolution Podcast

Have you ever considered using the tax law as a wealth building strategy? In today's episode, we interview Mike Pine from Pine Co CPAs, and we discuss just that. Mike shares a story from one of his many clients using taxes as a wealth building strategy who purchased a beach property and he helped them strategically set it up correctly.  In doing so they were able to reduce their tax liability that year by more than the amount of their down payment, and they have now parlayed that money into a second mountain property and plan to continue this for the next 10 properties.  Uncle Sam is funding their portfolio.  The most exciting part of this, is that almost anyone can do it, unfortunately, most people do not know about it to take advantage of this huge wealth building strategy.   Join us on today's episode with one of the nation's leading tax advisors and CPAs, Mike Pine, as we discuss exactly what you can do to take advantage of this strategy to build your vacation rental portfolio.   To book a consult with Mike and his team visit: www.PineCoCPAs.com/Vodyssey . The Vodyssey and the Empire Club was formed to introduce you to the proven processes in Acquisition, Management & Marketing of your Lifestyle Assets. . Lifestyle Assets are more than just short-term vacation rentals.  Learn how you can build a portfolio of Lifestyle Assets that provide Lifestyle & Financial Freedom for you and your family. . For more content and expert advise, visit www.Vodyssey.com

I had something I wanted to get off my chest today.   I have the pleasure of speaking with many people all across the country who are interested in getting into the short term rental game. One of the topics that comes up fairly often is people under estimating the simplicity of this game.    My biggest frustration is that sometimes people won't set their ego aside long enough to learn what it takes to succeed, and this ultimately leads to them selling themselves short on the success they could have.  Most people do not know what they don't know.  This is not their fault.  They haven't put in the time to understand what seems to be a very simple business.   While this business is not rocket science, there are certain things you should focus on to succeed in this game.  If you don't know what those things are, you may run down a road that has some surprises for you.   Listen to this weeks episode to hear why I believe there is more success waiting for you than you may realize if you understand how to play this game.   . The Vodyssey and the Empire Club was formed to introduce you to the proven processes in Acquisition, Management & Marketing of your Lifestyle Assets. . Lifestyle Assets are more than just short-term vacation rentals.  Learn how you can build a portfolio of Lifestyle Assets that provide Lifestyle & Financial Freedom for you and your family. . For more content and expert advise, visit www.Vodyssey.com

Successful Vacation Rental Owners, Jacob & Vanessa Jansen share 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 Jacob & Vanessa. 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, Jacob & Vanessa 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. The Vodyssey and the Empire Club was formed to introduce you to the proven processes in Acquisition, Management & Marketing of your Lifestyle Assets. . Lifestyle Assets are more than just short-term vacation rentals.  Learn how you can build a portfolio of Lifestyle Assets that provide Lifestyle & Financial Freedom for you and your family. . For more content and expert advise, visit www.Vodyssey.com

An emergency fund doesn’t have to burn a hole in your wallet if you know what it is, and how it can work for you without earning a huge return. Many successful investors get the feeling that their cash is “burning a hole in their wallet.” After all, that cash could be earning a return.   Using up that “cash burning a hole in your wallet” so it “earns a return” is the real estate investor’s constant dilemma. Today we are going to talk about how much of an emergency fund you should have personally.   We will discuss how much capital you should plan on for your first short term rental investment.   And we will discuss what an emergency fund should look like for your portfolio before you begin putting money into you own pocket as a return on your investment. As always, thank you for listening and being the best part of this show. Vodyssey was formed to introduce you to the proven processes in Acquisition, Management & Marketing of your Lifestyle Assets. Lifestyle Assets are more than just short-term vacation rentals.  Learn how you can build a portfolio of Lifestyle Assets that provide Lifestyle & Financial Freedom for you and your family. For more content and expert advise, visit www.Vodyssey.com

I hear over and over from people that they want to begin building a real estate portfolio. When I ask them what is holding them back I most often hear that they don't have the time, money or knowledge to move forward. The fact of the matter is that none of these are the real reasons holding them back. In today's episode, I am going to share with you the one and only thing holding people back in this game, and what you can do about it today to recognize and combat against it. As always, thank you for listening and being the best part of this show. Vodyssey was formed to introduce you to the proven processes in Acquisition, Management & Marketing of your Lifestyle Assets. Lifestyle Assets are more than just short-term vacation rentals.  Learn how you can build a portfolio of Lifestyle Assets that provide Lifestyle & Financial Freedom for you and your family. For more content and expert advise, visit www.Vodyssey.com

Today is a special episode for me.  I have the opportunity to talk to so many amazing people who are interested in vacation rental investing.   Most have experienced some level of success, and I have found that there is a secret curse of success that has the ability to haunt us all and stop us in our tracks if we let it. Listen to today's episode to recognize and avoid this silent killer of dreams.  As always, thank you for listening and being the best part of this show.

If you have been around me for any length of time, you know that I am a systems and process oriented guy. I refer a lot about the three major phases of vacation rental ownership.  The acquisition phase, the management phase & the marketing phase.  What I don't talk a lot about is the framework within each of these phases. Today's episode is part 3 of 3 and is all about unpacking the marketing phase of vacation rental ownership.  There is a lot more that goes into successfully marketing a short term vacation rental than many people think. I hope you enjoy and learn something new! As always, thank you for listening and being the best part of this show. Vodyssey was formed to introduce you to the proven processes in Acquisition, Management & Marketing of your Lifestyle Assets. Lifestyle Assets are more than just short-term vacation rentals.  Learn how you can build a portfolio of Lifestyle Assets that provide Lifestyle & Financial Freedom for you and your family. For more content and expert advise, visit www.Vodyssey.com

If you have been around me for any length of time, you know that I am a systems and process oriented guy. I refer a lot about the three major phases of vacation rental ownership.  The acquisition phase, the management phase & the marketing phase.   What I don't talk a lot about is the framework within each of these phases. Today's episode is part 2 of 3 and is all about unpacking the management phase of vacation rental ownership.  I hope you enjoy! As always, thank you for listening and being the best part of this show. Vodyssey was formed to introduce you to the proven processes in Acquisition, Management & Marketing of your Lifestyle Assets. Lifestyle Assets are more than just short-term vacation rentals.  Learn how you can build a portfolio of Lifestyle Assets that provide Lifestyle & Financial Freedom for you and your family. For more content and expert advise, visit www.Vodyssey.com

If you have been around me for any length of time, you know that I am a systems and process oriented guy.   I refer a lot about the three major phases of vacation rental ownership.  The acquisition phase, the management phase & the marketing phase.  What I don't talk a lot about is the framework within each of these phases. Over the next three episodes, I want to unpack the framework within these phases to hopefully help you understand that we are not just guessing at a high level if this will work.  We focus on a lot of details as we build our portfolios of profitable Lifestyle Assets.   Today's episode is all about unpacking the acquisition phase.  I hope you enjoy! Vodyssey was formed to introduce you to the proven processes in Acquisition, Management & Marketing of your Lifestyle Assets. Lifestyle Assets are more than just short-term vacation rentals.  Learn how you can build a portfolio of Lifestyle Assets that provide Lifestyle & Financial Freedom for you and your family. For more content and expert advise, visit www.Vodyssey.com

One of my favorite subjects to talk about is maximizing your Lifestyle Asset with paid advertising.   This is the final step where we really add fuel to the fire to maximize your portfolio. However, adding fuel to the fire at the wrong time can be a fatal mistake.  Today I am going to talk to you about how and when to add paid advertising to your Lifestyle Asset business so you see the explosive results you are looking for with paid advertising. Vodyssey was formed to introduce you to the proven processes in Acquisition, Management & Marketing of your Lifestyle Assets. Lifestyle Assets are more than just short-term vacation rentals.  Learn how you can build a portfolio of Lifestyle Assets that provide Lifestyle & Financial Freedom for you and your family. For more content and expert advise, visit www.Vodyssey.com