Luxury Air BNB Investing for Busy Professionals – Episode #405
Jan 12, 2023
Luxury Air BNB Investing for Busy Professionals – Episode #405
Today’s topic is a hot one: Luxury Air BNB Investing for busy professionals. My guest is Dr. Rachel Gainsbrugh, and she has a wealth of information on this topic. Rachel shares the same strategies she uses in her own business to make top dollar on each one of her 18 short-term rentals. In this show, you will learn how she was able to 15X her income on these short-term rentals over long-term rentals.
Key Highlights:
[00:01 – 07:42] Opening Segment
Rachel's inspiring journey to financial freedom
A luxury Airbnb and short-term rental real estate investor
How Rachel and her husband changed their lifestyle to support their goals and dreams
Investing in luxury Airbnb and short-term rental real estate investments
[07:43 – 15:02] Building a Successful Short-Term Rental Investing Business
Airbnb investing was chosen as it had significant returns
SOPs, KPIs, and virtual assistants were used to outsource work
Networking was key in expanding exponentially
How to maximize profits with short-term rentals
[15:03 – 22:54] Leveraging Tax Benefits and Creating Luxury Experiences
Why having a mantra can be a game changer
Get laser-focused on what you want out of your portfolio
Leverage tax benefits such as cost segregation studies and bonus depreciation
Put a little bit of lipstick on properties but not full gut rehabs
[22:55 – 29:56] Unlocking the Secrets of Luxury Airbnbs
How to generate extra revenue through upsells and amenities
Upsells can generate an extra $500-$1000 a month in revenue
Make sure to provide what guests are asking for
The importance of surveying guests
[29:57 – 37:05] Unlock Opportunities with Surveys and Differentiation Strategies
Survey customers to understand what they want and need
Differentiate yourself in the business by providing extra services and custom messages
Set up an honor system for goods in the store if necessary
Why you should include a call to action in your listing
[37:06 – 41:21] Closing Segment
Create revenue with additional benefits for guests
If you liked my show, please LEAVE AN HONEST REVIEW, like, and subscribe!
Here's Your Video – Luxury Air BNB Investing for Busy Professionals – Episode #405
Rather watch? You can do that here.
Thanks for Listening to the Show!
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.
Please Subscribe and Review on iTunes… Here's How You Do That
> Click here to leave a review. Once you're on Apple podcasts, click “listen in iTunes.” Then select “Ratings and Reviews” and “Write a Review”. Let me know what your favorite part of the podcast is. Thank you!
If you want to find out how you can work with me, you can do that by clicking here. Learn specific strategies for building your brand and creating more effective marketing for your business.
To learn how to to become the go-to probate expert in your area Just click his 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!
