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...

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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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...

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...

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...

[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 Russell, the master of money mindset and you are listening to the short term rental revenue podcast and in today's episode we are on part two of how to get your listing viewed on Airbnb. We think, and this is part two because I went a little long with part one, I decided to put them out at the same time, but you're really gonna like this. There's a lot of good information in here. You need to listen to the entire thing because you know me, I ramble on. I mean I do have an outline that I go through, but I'm like, oh, look at the pretty butterfly sometimes, but all of what I'm saying is irrelevant. Not a lot of it. All of it is, but the thing is, you...

[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.

[00:22] Hi, it's Michelle, the Master of Money Mindset and this is the short term rental revenue podcast. And in today's episode we're going to talk about how to get your listing viewed on Airbnb. We think, yeah, we think because we don't know. This is one of those things. People like facebook algorithms and Airbnb's algorithms, we don't know. It's a super secret, you know, it's like the the, the nine spices in the Kentucky fried chicken recipe. We don't get to know exactly how they do their algorithms in order to get your listings to show up first when a property is being searched for, but we think we've got a lot of clues. The clues are left by them and left by others....