One of the world's foremost Airbnb experts and the co-author of Airbnb for Dummies, James has helped over 1,000 students all over the globe leverage the power of short-term rentals as a vehicle for cash flow and wealth. James is the industry's go-to expert when it comes to mastering performance and streamlining operations. He consults with more than 600 property management companies around the world.

Riley is a Canadian real estate investor and mentor who specializes in multi-family residential investing through BRRRR and joint venture strategies. Throughout the journey of buying his first income property in the Southwestern Ontario area, he realized that there is a real need in the market to help people go through this process more easily. Today, he owns a real estate portfolio worth over $8 million and has helped new investors buy their first properties without wasting time and money on trial and error.

This is a continuation of the show we posted a couple of weeks ago, discussing the ins and outs of short-term rental investing. We talk about financing, management, software, the science behind listings, and so much more! Make sure you don’t miss another amazing episode of the Just Start Real Estate Podcast with James Svetec and Riley Oickle and learn more about how to build a wildly successful short-term rental company!

“Typically, management costs 20% of your revenue.”

“We find that if you have a short-term rental property 1-2 hours outside of a major urban area, it is a great opportunity for people to staycation.”

“I would love to have the company motto: I don’t do anything personally, but my company handles everything in-house.”

“Almost all issues will come from one-night stays.”

“The check-in process is really important because it is your guest’s first impression of your property, so you want it to be very easy.”

“I am the baby boomer of the group.”

“We recommend that people price their STRs manually at the beginning.”

Minut Noise Monitoring

NoiseAware

Nest

August Lock

Hostaway

Hostfully

PriceLabs

AirDNA

AllTheRooms

Mashvisor

Motel Makeovers

BNB Inner Circle

James on Instagram

Riley on Instagram