Today we’re going to talk about a hot topic in the real estate community and that is how to make big profits with short-term rentals. I can tell you that this information will open your eyes to a world of opportunity for your real estate business.
My guest is Al Williamson from Sacramento, California. Al was an engineer before becoming a full-time investor. He’s also a husband and a dad. Not only have his real estate investments replaced his previous salary as an engineer, but they have given him the freedom to spend more time with his family. That’s his big “why” for being in this business.
What Exactly are Short-term Rentals?
When most of us think of short-term rentals, we think of vacation homes or Airbnb’s. You’re going to learn that there are many different types of short-term rentals which require a different type of property.
Here are just a few:
- Medical housing
- Business and corporate rentals
- Contractors/ insurance
- And many more
Did You Know?
- There are 6 main categories of short-term rentals?
- Al’s typical stay is 4 months in his short-term rentals
- 36% of all travel in the US is over 1 month
- You can net on average 3-5 times more rental income than with a typical lease?
- High end corporate rentals can net up to 10 times the normal rent
I told you, this show will open your eyes to the world of short-term rentals.
Rather Watch? Here's Your Video – Big Profits with Short Term Rentals.
Extended Stay Landlord Course
Learn more about Al’s course on short-term rentals by CLICKING HERE. Be sure to check it out if you want to fast track your way into this money-making niche.
Thanks for Listening!
I would really love to hear from you. Please leave a note in the comments section below. And, if you enjoyed this episode, please share it on social media using the social share buttons below.
Want to Help More People find this Show?
Here’s how you can do that:
Leave an honest review on iTunes. Your ratings and reviews really help (and I read each one). Plus…you just might get a shout out on one of my upcoming shows.
You can listen on iTunes, subscribe and leave us a review here:
Just click “view in iTunes to listen, subscribe and leave a review.
You can listen and subscribe on Stitcher by clicking the link above.
Thanks again for joining me this week. I’ll see you next time!
Al Williamson is a professional engineer, full-time real estate investor and the author of a several real estate books. He began investing in 1996.
Al is best known for publicly documenting his quest to create enough secondary income streams to cover the 1st mortgage of his eight-unit apartment building (which he accomplished in September 2015).
He is now trying to figure out how to maximize the cash flow of a small portfolio so it can generate enough income to replace a middle-class job. Al is a proud family man who now spends his day managing and expanding his corporate housing business in Sacramento, California.
You can reach out to Al at al@Leadinglandlord.com.
If you want to schedule a 1 on 1 call with me to talk about specific strategies for building your brand and creating more effective marketing for your business, you can do that here by clicking this link.
Have you gotten your freebies and subscribed to the blog? If not be sure to do that today so you don’t miss any of the business building tips I have coming your way. I want this year to be your best year ever!