Welcome back to Success Unlocked, where our hosting business master membership coaches discuss operations, social media, unique builds, co-hosting strategies, and so much more. This week’s episode is Vacation Ventures, hosted by Michael Hicks.
In this episode, Mike helps Annette work through her recent experience scouting two 100+ acre properties for potential STR development. From septic to signing – there are hundreds of things to keep your eye on in this process, and Mike’s just the guy to help us put a method to the madness.
His vast building experience proves valuable in aligning early priorities with the city, county, and zoning commission; explaining how to make the math work; and avoiding beginner’s mistakes like overlooking natural water features, alarming nosy neighbors, and caving on your own preferred timetable for due diligence.
(00:02:55) Existing Structures & Utilities: Bonus or Burden?
(00:09:41) First Steps & Important Early Priorities
(00:16:10) Common Roadblocks & Beginner Mistakes
(00:24:05) Dollars & Sense: The Math Behind it All
(00:31:32) Revisiting Annette’s Research & Next Steps
Resources:
Thanks for Visiting is produced by Crate Media.
Mentioned in this episode:
Host Checklist | Grab our Airbnb Essentials Checklist and make stocking your Airbnb a breeze – we've got all your hosting needs covered!
Hosting Business Mastery Method | Join us for our live, free, host masterclass and learn how to OWN your digital real estate!
HBMM | Sign up today at hostmasterclass.com.
Quiz | Take our quiz to reveal your hosting personality style!
206. Decoding the Best Cleaning Products & Techniques for Your STR
205. Hosting Hotline: Converting A Church Into An STR
204. The Harder You Work, the Luckier You Get
203. Hosting Hotline: How To Safely Provide Alcohol For Your Guests
202. Holiday Safety Tips for Your STR
201. Hosting Hotline: Hot Tub Safety in your STR
200. The Best Highlights from TFV Live (Our First Event!)
199. Creating Exclusive Short-Term Rentals for Military and Government Travelers
198. Hosting Hotline: Working Around Your City’s STR Restrictions
197. Short-Term Rentals are an Emotional AND Logical Investment
196. Hosting Hotline: How To Manage an Out Of State Rental Property
195. Leveraging Medium-Term Rentals for Financial Freedom
194. Hosting Hotline: What You Need To Know Before Forming A Partnership
193. Know Your Numbers and Empower Your Business with Quarterly Reports
192. Hosting Hotline: How To Organize Your Work (and Life) As An STR Owner
191. Hustle Is Not Enough: Attention to Detail and Creating Your Niche in STR
190. Hosting Hotline: Comparing Your STR House Rules with Airbnb’s Guest Policies
189. Fire Safety Comes First in Your STR
188. Hosting Hotline: How To Offer Your Property’s Amenities to the Public
187. Fostering Support and Advocacy for Short-Term Rental Communities
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