How ”Rich Dad, Poor Dad” and Twitter Help Him Build a Portfolio of Airbnbs Remotely

Meet Michael Albaum — a professional remote real estate investor, Airbnb superhost, and fellow podcaster.

After getting an engineering degree and moving to the Bay Area, Michael stumbled upon a book that would forever shift his perspective on work and wealth…and that book was Robert Kiyosaki’s Rich Dad, Poor Dad.

In this episode of Behind the Stays, Michael shares candidly about how he’s been able to grow a portfolio of short-term and longer-term rentals that are mostly remote — as in, he doesn’t live in close proximity to his properties.

Michael and I chat about:

• the pros and cons of using a property manager
• the importance of balancing perspectives and decisions from both an investment and hospitality lens
• the future of OTAs like Airbnb
• how to get a crash course on real estate investment on Twitter
• and much more.

This episode is brought to you by our friends at Guesty for Hosts...

Will you send them a quick message thanking them for being a sponsor?  You can email them here or DM them on social media here!

While there are many property management softwares on the market, I always encourage our listeners to check out Guesty For Hosts. 

Guesty's channel manager centralizes reservations across Airbnb, Vrbo and Booking.com to stay on top of your listings without having to hop back and forth between channels.

Guesty’s automation tools enable you to connect with guests in a meaningful, creative, and instant fashion.

Guesty’s new and improved Website Builder allows you to create your own branded booking website in just minutes…allowing you to grow your brand and increase your direct bookings. 

And finally, Guesty is positioned well to grow with you. As your business grows, you can grow with Guesty For Pros, unlocking new features and offerings designed for larger portfolios.

So here’s the deal.  If you’re an. STR host without a PMS system or a host looking at exploring a new one, I’ve got a treat for you.

The team at Guesty is giving Behind the Stays listeners and Sponstayneous subscribers $20 off an annual or monthly plan of Guesty For Hosts when they use the discount code “SPONSTAYNEOUS” when signing up for a free 14 day trial - no credit card, set up fee, or commitment required  — and cancel anytime if you don't love it.
 
Guesty For Hosts — they’re the bestie of top-rated STR super hosts! 

About the Show

Behind the Stays is brought to you twice a week by Sponstayneous — a free, biweekly newsletter that brings subscribers the best last-minute deals and upcoming steals on Airbnb.  
 
You can subscribe, for free, at www.sponstayneous.com. 

Behind the Stays is hosted by Zach Busekrus, co-founder of Sponstayneous, you can connect with him on Twitter at @zboozee.