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In this episode, Emily and Sarah discuss the complexities of managing their Airbnb properties during the holiday season. Emily shares about her stressful Christmas experiences involving a malfunctioning hot tub and guest complaints, highlighting the communication challenges and emotional toll of property management. Sarah recounts her anxiety over zoning regulations and a city council meeting, complicated by their attorney's unexpected absence. They also answer questions from their Instagram!
Christmas Guest Drama (00:02:02)
Communication Challenges (00:06:05)
Managing Property Issues (00:07:19)
Zoning Regulations (00:11:07)
Unexpected Attorney Absence (00:12:20)
Preparing for the Meeting (00:15:01)
City Council Meeting Experience (00:17:40)
City Council Meeting Challenges (00:18:30)
Personal Experiences with Public Speaking (00:19:22)
Navigating Political Relationships (00:20:10)
Planning a Supportive Mixer (00:20:47)
Advice from City Council Members (00:21:12)
Local Property Drama (00:22:02)
Budgeting for Property Renovations (00:24:12)
Gut Instinct vs. Data in Investments (00:29:45)
Cautions on High-Value Property Purchases (00:31:47)
Transparency in Property Renovations (00:33:32)
Industry Challenges for Short-Term Rentals (00:35:29)
The Importance of Hospitality (00:36:30)
Managing Properties from Afar (00:37:27)
Choosing Property Locations (00:38:24)
Different Approaches to Property Management (00:39:26)
Finding Balance in Business (00:40:54)
Maintaining Quality and Standards (00:41:29)
Handling Guest Complaints (00:42:47)
Neighbor Relations and Responsibilities (00:43:44)
Zoning Regulations and Market Impact (00:44:29)
Due Diligence in Property Investment (00:46:56)
Navigating Regulatory Changes (00:48:57)
Airbnb Market Trends (00:52:42)
Caution in Turnkey Investments (00:55:57)
Potential in Poorly Managed Properties (00:56:12)
Buying Non-Lake Houses (00:56:50)
Tourist Destinations in Michigan (01:00:02)
Bachelorette-Themed Properties (01:00:26)
Balancing Friendship and Business (01:02:22)
Understanding Each Other's Work Styles (01:05:04)
Reinvesting Revenue in Properties (01:08:29)
Long-Term Investment Mindset (01:09:40)
Advice for Transitioning from 9 to 5 (01:12:24)
The Importance of Airbnb Skills (01:14:11)
Engagement with Listeners (01:15:08)
Future Podcast Plans (01:16:03)
Encouragement to Rate and Review (01:16:09)
Improving Communication (01:16:18)
Closing Remarks (01:16:21)
Hosted by Emily Karnaz & Sarah Glidewell // The KarWells
You can view the video & audio version on our Youtube Channel
Thanks for listening!
