Business
It’s no secret that real estate can be a great investment. Real estate can be a great opportunity for investing and growing your money while having fun doing it. Personally, I’ve been dipping my toes in research, learning more about the benefits of short-term versus long-term rentals. That is how I came across my guests, Annette Grant and Sarah Karakaian. Annette and Sarah are the founders and host of “Thanks for Visiting,” a podcast and educational resource for those who are interested in building their own Airbnb rental businesses. They join the podcast today to chat about the ins and outs of running a short-term rental business through Airbnb. We don’t shy away from topics like what you should be looking for when you invest in property, managing multiple properties, what good profit margins look like, and their favorite and least favorite parts of owning and operating an Airbnb business. If owning your own Airbnb or short-term vacation rental is something you daydream about, this episode is for you. Tune in and realize that making your Airbnb business dreams come true isn’t as far-fetched as you might think. Time Stamps: [1:59] Annette and Sarah’s favorite and least favorite parts of owning an Airbnb business [4:20] How Annette and Sarah started their Airbnb short-term rental business [8:54] When are you ready for your second investment property? [12:51] Difference between short-term vs. long-term rental properties [16:24] How to manage multiple properties at once [21:20] What to look for in your first short-term rentals [26:07] What do good profit margins look like in this industry? [32:08] How Annette and Sarah transitioned into online education Resources: Website: https://www.thanksforvisiting.me/ Instagram: https://www.instagram.com/thanksforvisiting_/ Podcast: https://podcasts.apple.com/us/podcast/thanks-for-visiting/id1451872835 Free Masterclass: https://www.thanksforvisiting.me/workshop/