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Short Term Rental Secrets Podcast

Latest episodes

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Apr 3, 2025 • 32min

The Hidden Math That’s Quietly Draining STR Profits | The STR Scale Show with Mike Reilly | Ep 08

Discover how many property owners unknowingly hold 'dead equity' and the benefits of smart selling or refinancing. Learn a simple formula to identify dead money in your portfolio while increasing your annual income. Explore how current high interest rates can be turned into future advantages, plus master the debt-to-income ratio for improved buying power. Gain insights on enhancing property value through design and amenities and understand the true costs of holding equity with low returns. It's all about using math for smarter investment decisions.
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4 snips
Mar 31, 2025 • 37min

Ep 235 - She Failed Fast—Then Built an STR Empire with Jodie Odin

Jodie Odlin, founder of Hospitable Hosts, shares her inspiring journey from a failed first rental to a thriving short-term rental empire. She reveals the mindset shift that fueled her persistence and the systems she implemented to scale her business without burnout. Jodie dives into handling tough guests and bad reviews while maximizing revenue. She emphasizes the importance of enhancing guest experiences through communication and community engagement, advocating for a guest-first approach to redefine hospitality excellence.
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Mar 27, 2025 • 23min

How to Cash In on a Recession with STRs | The STR Scale Show with Mike Reilly | Ep 07

LAUNCH EARLY. EARN MORE. DOMINATE STRS IN A DOWN MARKET.Most hosts wait too long to list their property.Losing the prime booking window and leaving thousands on the table.In this episode, we break down:How one STR booked $18,000 before the remodel was doneWhy booking windows matter—and how to win themThe Pre-Stay Checklist that guarantees 5-star reviewsHow economic downturns = once-in-a-decade STR opportunitiesWhy boutique STR operators are set to dominate as big players collapseBear markets don’t break businesses…they build millionaires.Now is the time to pre-launch, optimize, and invest smart.00:00 - Understanding Market Volatility in STR Investing02:30 - Economic Trends Impacting Short-Term Rentals05:15 - How Interest Rates Shape STR Profitability08:40 - Inflation, Tariffs, and Their Effect on Real Estate12:10 - Strategic Investing During Economic Uncertainty16:30 - Recession-Proofing Your STR Business20:00 - Leveraging Financial Cycles for Wealth Creation24:15 - Building a Sustainable STR Portfolio in Any Market28:45 - How Government Policies Affect STR Hosts33:20 - Future-Proofing Your Real Estate Investments38:10 - The Power of Data-Driven Decision Making42:30 - Final Advice: Staying Ahead in an Unpredictable MarketGet FREE Access to our Community and Weekly Trainings:group.strsecrets.com
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Mar 24, 2025 • 45min

Ep 234 - How Jeremy Werden Built a 7-Figure Cohosting Business from Scratch!

FROM BROKE TO STR SUCCESS...HOW HE BUILT A 7-FIGURE BUSINESS!Jeremy Werden never planned on becoming a short-term rental investor.After losing his private equity job due to COVID, he had no choice.His first move?Boat rentals inspired by the Ozark TV show.His real breakthrough?Accidentally discovering cohosting and STR investing.Now, he runs a 7-figure STR business.Owns multiple properties, and built BNB Calc, the must-have deal analysis tool for Airbnb investors.In this episode, Jeremy reveals:●︎ How he scaled from boat rentals to Airbnb empire●︎ The 3 business levels that take you from $10K to $100K/month●︎ How to grow a cohosting business WITHOUT owning property●︎ Why automation & hiring a team are the keys to STR success●︎ How he convinced banks to fund his first STR deals (even with no credit history)04:20 - Mastering Market Trends: Staying Ahead in STR Investments09:33 - Scaling Smart: Creative Funding and Bank Strategies10:18 - BNB Calc: The Revolutionary Tool for Investors14:50 - From Solo Hustle to Scalable Business: Growth Stages15:21 - Winning Clients: The Art of Persuasive Pitching19:13 - Optimizing Operations: Streamlining Management for Profit23:46 - Exceeding Expectations: Raising the Bar in STR Hospitality25:38 - Process Over People: Fixing Systems for Success31:53 - Leveraging Media: The Power of Podcasts for STR Growth35:01 - Property Selection Secrets: Finding the Right Fit38:13 - Untapped Markets: Atlantic Beach Investment PotentialGuest Bio:Jeremy Werden is the co-founder of BNBCalc, host of the short-term rental pros podcast, and 7-figure short-term rental co-host and investor.Guest Link:https://www.instagram.com/jeremywerdenGet FREE Access to our Community and Weekly Trainings:group.strsecrets.com
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Mar 20, 2025 • 17min

The Pre-Stay Checklist That Guarantees 5-Star Reviews! | The STR Scale Show with Mike Reilly | Ep 06

5-STAR REVIEWS DON’T HAPPEN BY ACCIDENT...HERE’S THE SECRET!Most Airbnb hosts wait until it’s too late to fix problems.Leading to bad reviews, lost revenue, and angry guests.What if you could eliminate guest complaints BEFORE they happen?In this episode, we break down:●︎ The EXACT Pre-Stay Checklist that guarantees 5-star reviews●︎ Why most hosts don’t inspect their properties—and why that’s killing their ratings●︎ How to create a guest experience that WOWs from check-in to checkout●︎ The secret to spotting & fixing issues before your guests arrive●︎ Why small details = more repeat bookings and higher profitsWant to run a STR business that guests rave about?This checklist is non-negotiable.02:30 - Using AirDNA to Accurately Analyze STR Deals05:15 - Avoiding Pricing Mistakes That Kill Your Margins07:50 - The Power of Pre-Launching Listings for Maximum Bookings10:00 - The Strategy That Landed a $9,600 Booking Before Going Live12:15 - Why Professional Photos Aren’t Always Necessary at Launch14:30 - The Key to Standing Out in a Highly Competitive STR Market16:45 - Solving the 90-Day Restriction Problem on New Listings18:20 - The Power of Mood Boards to Secure Bookings Without Final Designs20:00 - Building a STR Brand That Instantly Attracts Guests22:30 - Creating an Unforgettable First Impression for Your Guests25:45 - Implementing a Rock-Solid Pre-Stay Inspection Process28:15 - The Game-Changing Checklist for Flawless STR Operations30:10 - Why Pre-Staying at Your Own Property is the Ultimate Quality Control33:00 - Final Advice: How to Set Your STR Business Up for Long-Term SuccessGet FREE Access to our Community and Weekly Trainings:group.strsecrets.com
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Mar 17, 2025 • 38min

Ep 233 - STR Investing in 2025: What Smart Investors Are Doing Differently! with Avery Carl

Avery Carl, a renowned real estate investor and author, dives into the current state of short-term rentals amidst challenging market conditions. He explores why high interest rates could actually present unique buying opportunities. Avery shares valuable insights on common pitfalls for new investors, the significance of pricing strategies, and how to negotiate discounts on overpriced listings. Additionally, he discusses evolving market dynamics, essential strategies for success, and his predictions for the future of STR investing.
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8 snips
Mar 13, 2025 • 21min

How to Pre-Launch Your Airbnb & Get Bookings Before You’re Ready! | The STR Scale Show with Mike Reilly | Ep 05

Unlock the secrets to launching your Airbnb even before it's ready! Learn a powerful 3-step pre-launch strategy to secure bookings and why you don’t need professional photos. Discover how to leverage pre-launch rates and Airbnb's algorithm to your advantage. Explore timing for peak booking windows and effective soft launch techniques to earn those coveted 5-star reviews early. Plus, find out how to write compelling marketing copy and utilize mood boards to captivate potential guests. Get ready to take action and optimize for success!
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Mar 10, 2025 • 39min

Ep 232 - 7 Proven Ways to Find Co-Hosting Deals & Scale FAST!

STOP RENTING. START CO-HOSTING. HERE’S HOW!”Most people think rental arbitrage is the only way to get into short-term rentals—but they’re dead wrong.Co-hosting is more profitable, lower risk, and scales faster than traditional STR models. But how do you find properties?In this episode, we reveal: ●︎ 7 battle-tested ways to find co-hosting deals FAST ●︎ How to earn 20-25% commission on STRs (without owning them!) ●︎ The UI Method—how to steal underperforming Airbnb listings ●︎ How to partner with realtors, landlords, and property managers for leads ●︎ Why most hosts struggle with sales—and how to fix itCohosting is the STR goldmine no one is talking about—until now.Listen now and start building your empire!02:53 - The Smarter Alternative to Arbitrage05:02 - Boosting Profit Margins with Expert Property Management09:55 - Leveraging Real Estate Agents for Steady Leads15:00 - Building a Bulletproof Client Acquisition System23:51 - The Hidden Key to 5-Star Reviews and Maximized Revenue36:51 - Mastering Sales Calls for Explosive Growth37:47 - The Ultimate Mindset Shift for Long-Term SuccessGet FREE Access to our Community and Weekly Trainings:group.strsecrets.com
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Mar 3, 2025 • 37min

Ep 231 - He Quit His 6-Figure Job & Built a 37-Property STR Empire! with Mark Palmiere

HE LOST EVERYTHING… THEN BUILT A 37-STR EMPIRE!”Most people dream of quitting their soul-sucking 9-5.Mark Palmiere actually did it.From medical sales to short-term rental freedom—but it wasn’t easy.He lost 5 deals immediately after quitting his job.Faced financial uncertainty, and had to rebuild from scratch.Now? He runs 37 high-revenue properties and is scaling to 60+ units.Inside this episode, Mark reveals:• Why most STR hosts fail—and how he pivoted from rental arbitrage•The Underserved Investor (UI) method that doubled revenue from $90K to $212K• How he chooses only high-end, well-maintained properties• His exact strategy to scale STR operations with a lean team• Why quitting his 6-figure job was the BEST decision he ever madeThinking about leaving your job for STRs? Don’t do it until you hear this.Listen now and steal the blueprint!01:00 - Mastering Client Acquisition: The UI Method Explained03:53 - Guest Introduction: Industry Leader Mike Riley07:26 - From Arbitrage to Ownership: The Big Shift10:40 - Scaling Smart: How to Grow Without Overextending15:38 - The Game-Changing UI Strategy That Landed 17+ Properties22:58 - Building a Rockstar Team for Operational Freedom30:45 - The Art of Closing: Mastering High-Impact Sales Calls33:36 - Diagnosing Listings: The Brutally Honest Approach34:31 - Locking in Deals: The Follow-Up Formula That Works36:52 - The Mindset Shift That Separates Amateurs from Experts39:45 - Key Takeaways: Scaling, Sales, and Strategic GrowthGuest Bio:Mark Palmiere owns an STR management company in San Diego, CA with 37 properties.Guest Link:https://www.instagram.com/mark.palmiere/reels/Get FREE Access to our Community and Weekly Trainings:group.strsecrets.com
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Feb 27, 2025 • 38min

The Right Way to Analyze Co-Hosting Deals and Maximize STR Profits | The STR Scale Show w/ Mike Reilly | Ep 04

Co-Hosting Deals? Most People Get This Wrong!Most STR hosts jump into co-hosting deals blindly—and lose money before they even start.In this episode, we break down:• How to choose the right clients & properties (and avoid nightmare owners)• The exact deal analysis framework that guarantees profitability• How to set up a scalable co-hosting business model• Why your STR niche & branding matter more than you think• How to use real data (not guesswork) to analyze dealsThe difference between profitable STR businesses and failing ones?The right deals, the right pricing, and the right structure.Listen now and build a STR business that prints money—not problems.Join Our Facebook Community where we have live trainings every Wednesday: group.strsecrets.com03:16 – Qualifying Clients and Building Rapport06:07 – Effective Discovery and Diagnosis09:33 – Understanding Client Goals and Pain Points12:20 – Solution-Oriented Questions and Presentations15:12 – Evaluating Client Readiness and Urgency18:45 – Setting Clear Expectations with Clients22:10 – Common Mistakes in Sales Calls & How to Avoid Them26:30 – Handling Objections and Overcoming Resistance30:55 – Building Long-Term Client Relationships35:20 – The Role of Pricing & Negotiation in Sales39:45 – Closing Strategies for High-Conversion Sales

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