Remote Workers BOOST Short-Term Rental Income (Methodology)

Foreclosure Deals Coach Podcast

What's up family? If you're involved in real estate investing, I'm sure you've heard about the short-term rental craze sweeping through the ranks of landlords across the country. Companies like Airbnb and VRBO (vacation rental by owner) have super-charged the profitability of rental portfolios as homeowners capitalize on the vacation home trend and gradually reconstitute their real estate holdings from long-term rentals to short-term options. If you've stayed in a short-term rental, you understand the benefits of renting single-family homes nightly compared to going the standard hotel route. Being able to walk into a comfortable, fully-equipped home after landing in your exciting vacation local can surely beat the sterile process of checking into a hotel room. However, as remote work becomes more popular, the idea of workers relocating to enticing destinations while bringing their job with them in their laptop bag has started to gain serious traction. This remote worker demographic has been a key driver of increased rental income for landlords offering short-term options, but how might you be able to get your piece of the pie if you're debating entering into the VRBO space? Listen up as the guys break down some ways you can make your short-term rental more attractive to remote workers, and if you're still on the fence, learn more about why NOW might be the time for you to take action on acquiring a property that could work well as a vacation rental.
Mentioned in today's episode
Propstream
Launch Control
Foreclosure.com
RentReporters
Here's a link to the article Donny discussed in today's episode:
Short-Term Rentals Surge Among Remote, Hybrid Workers

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