You deserve more views. Your video is very well put together, so much so that I'm going back through a second time and taking notes. My mom and I are looking into short term rentals as a way of replacing her income after she suffered a stroke in April. This is something we've been wanting to do for a while, but the stroke has really accelerated the need to get going on something. We're looking at a lot of locations, and I think your video really does a good job at providing a clear method to cut through the "noise" and find low-key winners. So many people talk about over-saturated markets like Gatlinburg and Tampa. We were looking at Moab, Utah, but with the capital we have at our disposal right now I just don't see any way to make that work.
What an amazing gift your comment is! Yes, there is a fast way to grow a lucrative short term rental and/or glamping business. There’s a slow way. I aim to teach the fast way. What is the single biggest challenge you’re having in launching your business?
@@airbnbgirllaura Right now it's figuring out what we can do and what will work. We don't know how to estimate all of the cost involved. We need to figure out where to build, what to build, how much that's going to cost, and how much it might be able to earn - and at the end of all of that right now if the answer is "it costs too much" or "it won't be able to earn enough" then we have to start from scratch, or downsize the plans, or find creative ways to stretch the capital. There's a set amount of capital we have, an unknown amount we can borrow, and a specific amount of income that we need to be able to replace at minimum. So it's all a numbers game right now. There's also everything else that can derail any plans we start to make, like regulations, or some requirement of a DSCR loan that we can't meet.
You can find a lot of information you're looking for if you watch my glamping playlist all of the way through. I'll be putting out a product to answer all of these questions soon. But, get started with all of my free content. It'll get you there.
