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!
314. Hosting Hotline: Should You Decorate Your Vacation Rental for the Holidays?
313. BRRRR Method 101: Tips for Success in Long-Term Rentals with Jessie Lang
Systems Shakedown 004. How to Hack the Airbnb Algorithm with Effective Copy & Photography (Success Unlocked Season 1)
312. Hosting Hotline: Tips for Strategizing Special Moments & Gifts in Your Vacation Rental
311. Pet-Friendly or Not? Weighing the Many Benefits of a Pet-Friendly STR
Vacation Ventures 004. Becoming Unreasonably Hospitable with Charlie Eich (Success Unlocked Season 1)
310. Hosting Hotline: Setting, Tracking & Reaching STR Goals for 2024
309. Guest Favorite vs. Super Host: Unpacking Airbnb’s Latest Platform Update
Co-Hosting Confidential 003. Sarah Karakaian Dishes on Optimizing Your Short-Term Rental Operations (Success Unlocked Season 1)
308. Hosting Hotline: What Supplies Do Your Guests Need Most?
307. Airbnbust: Is It All Over? Secrets to Sustained Rental Success with Marilynn Taylor
Systems Shakedown 003. Best Practices for Hosting Wedding Groups in Your Short-Term Rental (Success Unlocked Season 1)
306. Hosting Hotline: 3 Experts to Help You Launch Your First International STR Listing
305. Holiday Safety Tips for Your STR
Vacation Ventures 003. Designing Treehouses & Building the Unbuildable (Success Unlocked Season 1)
304. Hosting Hotline: Tips on Timely Tax Preparation for Your STR Hosting Business
303. Tips for Finding Success in the Mid-Term Rental Niche
Co-Hosting Confidential 002. SEO Tips to Boost Search Engine Visibility for Your STR Website (Success Unlocked S1)
302. Hosting Hotline: Tips To Create Two Seasonal Listings for One STR Property
301. True or False? Short-Term Rental Hosting As Passive Income
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