After over 10 years working for a Real Estate investment firm as an accountant. I decided to make a change into real estate investing mainly vacation rentals. Since then, my business partner Lori Lusk and I have started Remote Host Hub, where we help vacation rental owners fire their property managers and reclaim up to 50% of their profits without sacrificing their lifestyle.
I love the idea of having a place for large groups of family and friends to gather together and enjoy their vacation time as we often do with our own family. Traveling brings me joy and vacation rentals are the perfect way to travel where everyone can be comfortable and enjoy themselves. The freedom that I get from this business is more than I could have imagined.
In this episode, Karen and Trish discuss:
Success Story of Trish
Commit to Get Leads
You don’t need to be local to your rental, you just need to know your market and have your team in place with clear communication.
Consult to Sell
You don’t have to do everything yourself - there are many options you can choose for your remote property, you just need to pick what will enhance your life, not take away from it.
Connect to Build and Grow
Once you have the systems in place, it makes it easy to continue to add on to your rental properties. Take the time at the beginning to set up your systems for your rentals properly.
Success Thinking, Activities and Vision
Try to learn every single day. Not just about short-term rentals, but about anything related to creating the life you want to live.
Sweet Spot of Success
"Get with a group. If you want to invest in a certain area, go on to some Facebook groups of people who have short-term rentals or vacation properties in those areas, and start to find people who are doing the same thing so that when you purchase, you have all that information ready to go and you can quickly make a decision - that will help you scale faster as well." - Trish Baker
*5 Minute Success - Listener Giveaway*
Go to https://www.remotehosthub.com/autopilot to the course waitlist where the first 20 listeners will receive 50% off!
Connect with Trish Baker:
Website: https://www.remotehosthub.com/
Instagram: https://www.instagram.com/remotehosthub/
Facebook: https://www.facebook.com/profile.php?id=100086287430468
About the Podcast
Join host Karen Briscoe each month to learn how you can achieve success at a higher level by investing just 5 minutes a day! Tune in to hear powerful, inspirational success stories and expert insights from entrepreneurs, business owners, industry leaders, and real estate agents that will transform your business and life. Karen shares a-ha moments that have shaped her career and discusses key concepts from her book Real Estate Success in 5 Minutes a Day: Secrets of a Top Agent Revealed.
Here’s to your success in business and in life!
Connect with Karen Briscoe:
Twitter: @5MinuteSuccess
Facebook: 5MinuteSuccess
Website: 5MinuteSuccess.com
Email: Karen@5MinuteSuccess.com
5 Minute Success Links
Learn more about Karen’s book, Real Estate Success in 5 Minutes a Day
Karen also recommends Moira Lethbridge's book "Savvy Woman in 5 Minutes a Day"
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