The most common question that comes to mind with real estate investing is: where do I start? While there’s no one right answer, this week’s guest is passionate about sharing one the easiest way to get into real estate investing: Airbnb co-hosting!
This week, Craig and Zeona are joined by Natalie Palmer, a certified Airbnb Ambassador with 17 Airbnb Superhost awards and 9 rentals under her belt. In this episode, Natalie shares how she went from managing just one unit to purchasing her very own property.
If you’re looking for a stable source of passive income without much capital, then Airbnb co-hosting might be perfect for you! Join us in this episode and learn the importance of diversifying, setting boundaries with renters, and asserting your value as a property manager.
PODCAST HIGHLIGHTS:
[3:16] The Surprising Power of Short-Term Rentals
[5:48] A Lightbulb Moment: Natalie Decides to Go Full-Time
[7:45] How Furnishing Can Affects Profits
[10:59] Natalie Tells All: The Cost of Her First Purchase and Renovations
[16:00] Dealing With Renovations On Her First Property
[18:47] Setting Ground Rules to Avoid the Need for an Eviction
[21:40] Diversifying Into the RV Business
[27:31] Arbitrage vs. Co-Hosting
[32:01] All You Need to Know About First-Time Co-Hosting
[36:28] How To Communicate Your Value to Property Owners
[43:00] Natalie’s Best Piece of Advice for Beginners
[46:37] Setting Much-Needed Boundaries With Renters
[51:14] Real Estate Investing as a Means to Spend More Time With Family
Affiliate Links:
1. Don’t miss out on resources of great value for real estate starters. Visit FITeam’s website! — https://www.thefiteam.com/
2. Join a supportive community of over 1200 passionate like-minded investors! You can find your very first short-term or medium-term rental here, as well as accountability buddies and bi-weekly webinars:
AirBnB Investing - https://www.facebook.com/groups/airbnbinvesting
3. Listen to Natalie’s podcast No Vacancy on Spotify and Apple Music where she gives tips and tricks on how you can get started on building your short-term rental empire!
https://open.spotify.com/show/6JLknb9bvjB5wjUquuYxW8?si=4c43c2764a1b4410 II https://podcasts.apple.com/us/podcast/no-vacancy-the-podcast-with-natalie-palmer/id1620243933
4. Stop by Natalie’s all-women STR Summit happening this February in Scottsdale, AZ! - https://www.instagram.com/levelupyourlistin
5. www.rentredi.com and use our CODE: INVEST2FI to get 50% off on their first 6 months.
www.rentredi.com — CODE: INVEST2FI
6. Kaplan Real Estate Education (we have the recording as well)
They can go to the website -https://www.kapre.com/
and use our CODE - Invest2
7. AirBnB Hosting course
This course is designed to walk you step by step from purchasing a property, setting it up to rent, to becoming an AirBNB SuperHost.
You can register FREE COURSE here:https://www.stepbystepbnb.com/a/2147508384/zG79Sujh
Episode 39 - For Real FI At 43 Through Live & Flip With Carl Jensen
Episode 38 - The Legend Himself JohnEFinance Talks FI & RE
Episode 37 - Not Your Typical Technical School Trajectory With Jacob Lapp
Episode 36 - Making The Move, A House Hacking Success With Bradley Dosch
Episode 35 - A Lender’s Wisdom And The Journey To FI With Nicole Rueth
Episode 34 - Back To Basics For First Time House Hackers With Erin Knabe
Episode 33 - How To Focus On FI With House Hacker & Agent Jordan Smith
Episode 32 - Mom's House Comes First! Flipping & BRRRRing His Way To FI With Ernesto Hernandez
Episode 31 - Swimming, Brewing & Rapping His Way To FI With Matt Giovanisci
Episode 30 - FI Before FI Was A Thing! Buy & Hold Pays Off For Legendary Luc Nadeau
Episode 29 - How The Queen Of Short Term Rentals Rocks A Thriving Business With Avery Carl
Episode 28 - A Nomad's Unusual Road To FI With Location Indie Founder Jason Moore
Episode 27 - How New FI Team Agent Ben Rhodin Got Started With Real Estate Investing
Episode 26 – From New-To-The-Concept To Buying His First House Hack In ONE Week! With David Bandler
Episode 25 - Real Estate Investing With The FI Queen Rachel Richards AKA @MoneyHoney
Episode 24 - The Accidental House Hack To 63 Units In 4 Years With Bo Kim
Episode 23 - The House Hacking Fox Of New Jersey With Shawn McEnteer
Episode 22 - On The Fast Track To FI With Cody Berman
Episode 21 - From Grad School & W2 To House Hacking Success With Chris Gomes
Episode 20 - Living The Travel Hacker FI Life W' Real Estate Investing NOW - Not Later! With Sarah Weaver
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