It's time that you get into short term rentals. Lance Pederson, a lifelong entrepreneur, who has helped others make lucrative investments for themselves shares his insider knowledge on what makes for successful short-term rentals. He will share key insights on how to increase one's passive income so that you can live the life of your dreams. It's no surprise that most well-off families want to maintain their lifestyles while away on vacation. A luxury rental property suits them just fine - it has all the amenities they're used to at home, plus some extras! So today we're going to take a look at what sort of things you should keep in mind when renting out your own vacation residence.
In this episode, we explore:
00:37 - Introduction
01:34 - Lance's Story
04:52 - Small multi-family strategy
05:43 - Short term rental business
09:04 - Business guests
09:40 - Type of guests
13:54 - Structure of investments
15:30 - Resort like amenities
17:50 - Foreseeing into the future of recession
21:00 - Forced appreciation
24:03 - Suggestion, advice and recommendations
27:51 - LanceParsons@villas.com
Connecting with the Guest:
Website:https://www.linkedin.com/in/lancepederson/
Email: lance@resonance-cg.com
Download my new special report - How to Use Inflation to Your Advantage - www.bronsonequity.com/inflation
#realestate
#shorttermrental
#income
