As Airbnb entrepreneurs who help people start and scale their own short-term rental companies, you may be surprised to hear that, right now, we don’t think you should start a STR business.
You should buy one.
There's value creating your own hosting business. If you’re brand new to the industry, it’s a good place to start.
But if you’re an experienced host with funding, you can create wealth by taking over another business and increasing its value. So, what does that look like?
This episode of Get Paid for Your Pad, Eric and I sit down to discuss the opportunities we see in buying an Airbnb business rather than starting one from scratch.
Listen in for insight on where to find vacation rental businesses to buy and learn how YOU can acquire and then increase the profits of existing Airbnbs!
Why we’re taking over an existing Airbnb business
Eric’s insight on raising money through investors
What investors are looking for
Eric’s advice to someone who doesn’t have a network
STR market opportunities
How to find existing vacation rental businesses
Rich Dad Poor Dad by Robert T. Kiyosaki
The Psychology of Money by Morgan Housel
Review Get Paid for Your Pad on Apple Podcasts
Email jasper@getpaidforyourpad.com
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