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#366: How We Make $140K/Year with One Rental Property
Manage episode 446134361 series 2477142
⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: http://coachcarson.com/rpm
🎙️ Episode #366 – Curious how a single Airbnb can pull in $140K a year? Joe and Katie transformed an underperforming property into a thriving short-term rental. From securing the deal and navigating construction setbacks to delivering top-notch guest experiences, you’ll learn the strategies that turned their challenging first year into a $140K success!
▶️ Next Episode: House Hacking Guide https://podcasts.apple.com/us/podcast/the-house-hacking-guide-how-to-hack-your-housing-live/id1448707654?i=1000428608108
📄 Show Notes: https://www.coachcarson.com/airbnb140kyear/
🎬 Timestamps:
00:00: Initial Property Purchase and Remodel Costs
09:21: Challenges and Cash Flow in the First Year
11:18: Expanding Their Target Rental Market
12:13: AirBnB and VRBO for Short Term Rentals
13:09 Google Reviews for Growing Your Business
14:56: Hospitality and Design Elements
30:29: Increasing Value of the Property
33:42: Partnership Structure and Benefits
39:36: The Future of Switchback Suites
47:57: Advice for Aspiring Real Estate Investor
🔗 Episode Links:
- Get Joe's Short-Term Rental Tech Stack: https://www.coachcarson.com/strtech
- Book your Stay in Kalispell, MT: https://book.switchbacksuites.com
🔗 Connect with Joe:
- Switchback Suites on Instagram: https://www.instagram.com/switchbacksuites/
- Joe on Instagram: https://www.instagram.com/joe_r_jimenez/
- Joe's Previous Episode: "How We Turned an 8-unit Building into a Cash Flow Machine in 6 Months" https://youtu.be/WHO9iA1RZW0
____________________________________________________________________
⚒️ Get my FREE Real Estate Investor Toolkit:
https://www.coachcarson.com/toolkit-pod
🖥️ My Real Estate Courses:
*FREE COURSE* Find Your Focus in Real Estate for Beginners: https://www.coachcarson.com/fyf
30 Days to a Better Rental Investor: https://www.coachcarson.com/30days
Creative Financing for Real Estate Investors: https://www.coachcarson.com/creativefinancing
My Books:
📘 The Small & Mighty Real Estate Investor
📙 Retire Early with Real Estate
https://www.coachcarson.com/books-pod
👋 Connect with Me:
📸 https://www.instagram.com/coachchadcarson
👍 https://www.facebook.com/coachchadcarson
🐦 https://twitter.com/CoachChadCarson
💰 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine
🌐 For everything else: https://www.coachcarson.com
379 एपिसोडस
Manage episode 446134361 series 2477142
⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: http://coachcarson.com/rpm
🎙️ Episode #366 – Curious how a single Airbnb can pull in $140K a year? Joe and Katie transformed an underperforming property into a thriving short-term rental. From securing the deal and navigating construction setbacks to delivering top-notch guest experiences, you’ll learn the strategies that turned their challenging first year into a $140K success!
▶️ Next Episode: House Hacking Guide https://podcasts.apple.com/us/podcast/the-house-hacking-guide-how-to-hack-your-housing-live/id1448707654?i=1000428608108
📄 Show Notes: https://www.coachcarson.com/airbnb140kyear/
🎬 Timestamps:
00:00: Initial Property Purchase and Remodel Costs
09:21: Challenges and Cash Flow in the First Year
11:18: Expanding Their Target Rental Market
12:13: AirBnB and VRBO for Short Term Rentals
13:09 Google Reviews for Growing Your Business
14:56: Hospitality and Design Elements
30:29: Increasing Value of the Property
33:42: Partnership Structure and Benefits
39:36: The Future of Switchback Suites
47:57: Advice for Aspiring Real Estate Investor
🔗 Episode Links:
- Get Joe's Short-Term Rental Tech Stack: https://www.coachcarson.com/strtech
- Book your Stay in Kalispell, MT: https://book.switchbacksuites.com
🔗 Connect with Joe:
- Switchback Suites on Instagram: https://www.instagram.com/switchbacksuites/
- Joe on Instagram: https://www.instagram.com/joe_r_jimenez/
- Joe's Previous Episode: "How We Turned an 8-unit Building into a Cash Flow Machine in 6 Months" https://youtu.be/WHO9iA1RZW0
____________________________________________________________________
⚒️ Get my FREE Real Estate Investor Toolkit:
https://www.coachcarson.com/toolkit-pod
🖥️ My Real Estate Courses:
*FREE COURSE* Find Your Focus in Real Estate for Beginners: https://www.coachcarson.com/fyf
30 Days to a Better Rental Investor: https://www.coachcarson.com/30days
Creative Financing for Real Estate Investors: https://www.coachcarson.com/creativefinancing
My Books:
📘 The Small & Mighty Real Estate Investor
📙 Retire Early with Real Estate
https://www.coachcarson.com/books-pod
👋 Connect with Me:
📸 https://www.instagram.com/coachchadcarson
👍 https://www.facebook.com/coachchadcarson
🐦 https://twitter.com/CoachChadCarson
💰 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine
🌐 For everything else: https://www.coachcarson.com
379 एपिसोडस
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