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...
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!
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
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...
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...
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,...
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...
Episode 031 – Real Estate & Your Guests: How to Find Them, Love Them, and Keep Them
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
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...
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...
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
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...
Episode 029 - You’ve Got Questions and We’ve Got Answers: Q & A (Session 1)
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
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...
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...
