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Episode 036 - The 23 Things You MUST HAVE in Your Short Term Rental (For Your Guests)

 

 

SHOW NOTES & LESSONS

For Safety and Security:

01) Emergency Contact Card (Contact Information Sent by Email, Text, and Posted Clearly)

02) Fire Extinguisher (Right by the Stove)

03) First Aid Kit

04) Smoke Detector

05) Carbon Monoxide Detector

 

For Guest Comfort and Overall Happiness:

 

06) Super-Fast Wifi (Password Sent by Email, Text, and Posted Clearly)

07) Comfortable Mattress (Consumer Reports #2 Rated is only about $500-$700)

08) Smart Television (Plus Cable, if High End)

09) Bluetooth Speakers

10) Charging Stations

11) Smart Locks for Easy Entry (For You as much as Guests)

12) Climate Control Directions (Keep Your Guests Comfy)

13) Coffee, Coffee Maker, Filters, and Cream/Sugar

14) Hair Dryer

15) Iron and Ironing Board

16) Washer and Dryer (a MUST for Long Stays or Active Locations)

17) House Rules, Contact Information, Check-in, and Check-out Times Clearly Posted

18) High-Quality WHITE Sheets and Towels

19) Spare Sets of Sheets and Towels

20) A...

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Episode 035 – Best Tools for Automation: Putting Your Business on Autopilot

 

 

SHOW NOTES & LESSONS

Automation

*Schlage

*August

*Lockitron

Some need help, like Kevo, Z-Wave, or a Smart Hub.

Begin with eLocks

Then Dynamic Pricing

Add AirDNA

Make sure your Cleaning Company has Online Scheduling

Automate Your Messaging

Take a Look at Properly

Find a VA at onlinejobs.ph

Think Shark Tank:  Do you want half of $2 million or all of $10,000?

Our Membership Site opens in May!!

WHAT BOOKS, PRODUCTS, SERVICES, OR LINKS WERE MENTIONED...

Please use our Affiliate Links whenever possible and help support the show.  Thank you!

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Recommended Article or Blog Post Related to This Week's Podcast:

Recommended Podcast Episode that is paired with this one like a Fine Wine:

Get This Episode's Show Notes in a pdf form...

PICTURE OF PDF

Go To Our Download Page 

Show Transcript

[00:01] Over the last two centuries, nearly 90 percent of the world's millionaires have created their wealth through real estate. Here to tell you how you can ride this...

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Episode 034 - Creating Your SOP: How to Put Your Business on Autopilot

 

SHOW NOTES & LESSONS

Creating your company’s Standard Operating Procedures begins by taking inventory of everything you do each and every day, down to the smallest detail.

#1 – Run through your entire day when it comes to your business.

#2 – List every single task in order.

#3 – Decide which activities “Spark Joy” inside of you and which do not. 

The first activities to delegate are going to be the ones that drain your energy or waste your time.

Remember, we are moving from one side of the Cashflow Quadrant to the other.  We are no longer trading time for money Employee and Self-Employed mindsets are a thing of the past.  We are creating a process in order to move us into the Business Owner and Investor side of the Quadrant now.  In order to do that, we let go and learn to delegate.

How to Write a Standard Operating Procedure by WikiHow - A great GUIDE and a MUST

Don't Overlook Standard Operating Procedures: Use...

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Episode 033 – How to Get Your Mind Right & Win This Game Called RE Investing & Life

 

SHOW NOTES & LESSONS

5 WAYS TO KEEP YOUR MINDSET IN CHECK

01) Keep it Positive

Tame your "Little Voice" with yoga, meditation, or a good float at a spa.

 

02) Keep it Moving in the Right Direction

Your Success Path plan will give you the compass that you desire.

 

03) Overwhelm Negative with Positive

When your brain says "this won't work," present examples of when it already has worked and realize that you can do it, too!

 

04) Know You Have People Cheering You On

There is always someone in your corner!

 

05) Never Quit!

Be a lifelong student and never ever give up.

 

WHY REAL ESTATE IS A GREAT INVESTMENT

 

* It's an easy Score Card

You're either making money or you're not.

* It's like a Game to Your Brain

Easy to feel accomplishments, like a game.

* Multiple Exit Strategies can be Planned For

* Forgiving

Even some Bad Buys can turn good over time.

* Master an Area and You can rinse and repeat

 

Michelle's Challenge or

Your Mission,...

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Episode 032 – Prostitutes and Drug Dealers and Bachelor Parties! Oh, my!

 

 

SHOW NOTES & LESSONS

First, a lesson on Capitalism.  What is Compassionate Capitalism?

A wonderful book by Rich DeVos that describes how True Capitalism promotes growth through competition. 

Donut Shop #1                  Donut Shop #2                  Donut Shop #3

Amazing Taste                     Average Taste                     Lousy Taste

Priced Higher                       Priced Lower                       Priced Higher

First, Capitalism allows competition by allowing anyone to own a business.

Second, products and service determine whether or not a business...

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Episode 031 – Real Estate & Your Guests: How to Find Them, Love Them, and Keep Them

Uncategorized Mar 08, 2019
 

 

SHOW NOTES & LESSONS

WHAT BOOKS, PRODUCTS, SERVICES, OR LINKS WERE MENTIONED...

Please use our Affiliate Links whenever possible and help support the show.  Thank you!

AAAAAAAAAAA

Recommended Article or Blog Post Related to This Week's Podcast:

Recommended Podcast Episode that is paired with this one like a Fine Wine:

Get This Episode's Show Notes in a pdf form...

PICTURE OF PDF

Go To Our Download Page 

Show Transcript

[00:01] Over the last two centuries, nearly 90 percent of the world's millionaires have created their wealth through real estate. Here to tell you how you can ride this wave with less risk and less capital while creating greater income, is your host, best selling author and Speaker, Michelle Russell.

[00:21] Hi, this is Michelle, the Master of Money Mindset, and you are listening to the Short Term Rental Revenue Podcast...

and in today's episode, Speaker 2: (00:31)
we are talking about real estate and your guests, how to find them, love...

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How NOT to Let Human Traffickers Rent Your STR Property

FACT:  THERE ARE MORE SLAVES IN THE WORLD TODAY THAN EVER BEFORE

 

Slavery is alive, well, and thriving in the world today.  It is thriving in the world of Human Trafficking and your Short Term Rental may be a target for the criminals of the third largest and extremely profitable of all Illegal Industries, Human Trafficking.  Every 30 seconds, someone's child is taken and becomes a part of this dark and unspoken world.

The three most profitable crime industries are:

#1 - Drugs

#2 - Weapons

#3 - Human Trafficking

 

Why would a Human Trafficker be interested in my Short Term Rental property?

It is becoming a world of surveillance and in the crime industries, that's not a good thing.  Cameras in hotels and motels are more and more common for security purposes but this makes it difficult for pop-up brothels to run their businesses across the US and the world. 

Tens of thousands (that's no exaggeration and possibly an underestimation) of...

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Episode 030 - You’ve Got Questions and We’ve Got Answers: Q & A (Session 2)

 

 

 

SHOW NOTES & LESSONS

WHAT BOOKS, PRODUCTS, SERVICES, OR LINKS WERE MENTIONED...

All about Airbnb Plus, including cities & requirements.

The Airbnb Plus Home Checklist, look for the expert tips inside.

 

Please use our Affiliate Links whenever possible and help support the show.  Thank you!

AAAAAAAAAAA

Recommended Article or Blog Post Related to This Week's Podcast:

Recommended Podcast Episode that is paired with this one like a Fine Wine:

Get This Episode's Show Notes in a pdf form...

PICTURE OF PDF

Go To Our Download Page 

Show Transcript

[00:01] Over the last two centuries, nearly 90 percent of the world's millionaires have created their wealth through real estate. Here to tell you how you can ride this wave with less risk and less capital while creating greater income, is your host, best selling author and Speaker, Michelle Russell.

[00:21] Hi, this is Michelle, the Master of Money Mindset, and you are listening to the Short Term Rental...

Continue Reading...

Episode 029 - You’ve Got Questions and We’ve Got Answers: Q & A (Session 1)

guests iras landlords llcs Feb 15, 2019
 

 

SHOW NOTES & LESSONS

WHAT BOOKS, PRODUCTS, SERVICES, OR LINKS WERE MENTIONED...

Please use our Affiliate Links whenever possible and help support the show.  Thank you!

Recommended Article or Blog Post Related to This Week's Podcast:

Recommended Podcast Episode that is paired with this one like a Fine Wine:

Get This Episode's Show Notes in a pdf form...

PICTURE OF PDF

Go To Our Download Page 

Show Transcript

[00:01] Over the last two centuries, nearly 90 percent of the world's millionaires have created their wealth through real estate. Here to tell you how you can ride this wave with less risk and less capital while creating greater income, is your host, best selling author and Speaker, Michelle Russell.

[00:21] Hi, this is Michelle, the Master of Money Mindset, and you are listening to the Short Term Rental Revenue Podcast...

and in today's episode, [00:30] we're going to be answering your questions with a Q and A session. Yeah, this is the first Q and...

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Episode 028 - How Legal Is My Short Term Rental?

 

 

SHOW NOTES & LESSONS

You want to diversify and invest in many things, like stocks & bonds, gold & silver, and real estate.  However, Specialize in one area of Real Estate Investing - like Short Term Rentals, for instance!

Attorneys specialize. Doctors specialize.  You should, too.

Each state has a variety of rules and regulations when it comes to Short Term Rentals. 

You can go to Airbnb's Page about Legal & Regulatory Issues. Read what they have to say, then google your city and state with search phrases like, "do I need a permit or license for my short term rental in Tucson, Arizona?"  Then just start reading.

 

  • Find out all you need to know for your state government's page and from your city's official government website.

 

  • Ask your Real Estate Agent if the property is Short Term Rental friendly but still, ask for a copy of the HOA's CC&Rs.

 

Remember, the government provides tax cuts and incentives as a...

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We've got something AMAZING in store for this year's class!  You won't believe all of the trainings and videos that we've added... plus

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