How to Find Local Labor For Your AirBnBs | Assaf Karmon
In this LearnLikeaCPA podcast episode, host Ryan Bakke and special guest Assaf Karmon discuss the journey of creating the property management app, Turno, and the benefits of using bonus depreciation in real estate investing. In this episode, we cover:- Assaf's vision for Turno and how it evolved to solve various problems in the short term rental industry.- The challenges of launching the app and acquiring the first customer.- How property owners can streamline their operations using Turno for multiple properties.- Insights on vetting and managing cleaners for short term rentals.- The benefits of bonus depreciation and tax strategies for real estate investors.
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Timestamps:
[00:00:00] Intro
[00:00:36] Created app to solve scheduling, found more challenges.
[00:05:39] Balancing customer and cleaner satisfaction in business.
[00:07:19] Fair pay leads to better performance and reliability.
[00:11:14] Flexible scheduling values employees more than money.
[00:13:53] Consider reviews, sentiment, and trust in marketplace.
[00:18:50] Quick mass adoption of financial education content.
[00:20:53] Congress incentivizes investment to boost economy.
[00:24:32] Options for using retirement money, tax strategies.
[00:26:44] Divorce could be a blessing for investment.
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*None of this is meant to be specific investment advice, it's for entertainment purposes only.
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