Vacation Rental Investing (live Stream ep #41)
( @moneybuysfreedompodcast
#airbnb #shorttermrentals #vacationrental
Welcome to Money Buys Freedom Podcast We exploring the importance of financial freedom. According to recent survey, nearly half of all American families are living paycheck to paycheck, meaning they have little to no financial cushion to fall back on in times of crisis. So what can be done to improve this stats and help families achieve financial stability and freedom. In this podcast, we will be discussing strategies for improving money practices, paying off debt, grow a business, and build wealth. We will also be exploring the mindset of successful entrepreneurs and how they took control of their future.
HOST: Tyler Wynn ( https://www.instagram.com/wynningteamnetwork/ )
Guest: Travis Zappia ( https://www.instagram.com/theyoungretireeby33/ )
A short term rental expert who grew his short term rental portfolio from $1,017 rental income in 2018 to 570,408 rental income in 2022. He acquired 12 short term rentals and 2 mid term rentals in only 5 years.
Tim Cafferty ( Owner of @OuterBanksBlue @OuterBanksBlueKittyHawk @SandbridgeBlue @sandbridgebluevacationrent3965 ) is a short term rental expert who has built a large real estate brokerage and property management company in Outer Banks, North Carolina and Virginia Beach, Virginia. He also has a large vacation rental portfolio himself. Website: https://www.outerbanksblue.com/
MONEY BUYS FREEDOM PODCAST
WEBSITE: https://linktr.ee/Wynningteam757
video/audio: apple podcast: https://podcasts.apple.com/us/podcast/money-buys-freedom-podcast/id1574057279?uo=4
spotify: https://open.spotify.com/show/1TI7GrjdhC0yiLDq4CIDRZ?si=0c78a972ac8049f0 twitch: https://www.twitch.tv/moneybuysfreedom
Background and what do you see going on in the market
• What your long-term vision for your business
• What does success look like for you and your business?
• How do you envision your business evolving over time?
• What key metrics do you track to measure the performance of your business?
• How do you use data to inform your decision-making?
• What tools or systems do you use to track and analyze data?
• How do you identify and prioritize the problems and challenges facing your business?
• How do you involve your team in addressing issues?
• What processes do you have in place to resolve issues and prevent them from happening again in the future?
• Can you describe your current processes for managing properties and bookings?
• How do you continuously improve your processes to make your business more efficient and effective?
• How do you involve your team in the process improvement process?
• How do you build and develop your team?
• What values and traits do you look for in new team members?
• How do you ensure that your team is aligned with the vision and goals of the business?
• How do you focus on the most important things in your business to drive progress and achieve your vision?
• What strategies do you use to gain traction and momentum?
• How do you measure and track your progress towards your goals?
*****DISCLAIMER**** I AM NOT A CPA, ATTORNEY, INSURANCE, CONTRACTOR, LENDER, OR FINANCIAL ADVISOR. THE CONTENT IN THESE VIDEOS SHALL NOT BE CONSTRUED AS TAX, LEGAL,INSURANCE, CONSTRUCTION, ENGINEERING, HEALTH OR SAFETY, ELECTRICAL, FINANCIAL ADVICE, OR OTHER AND MAY BE OUTDATED OR INACCURATE; IT IS YOUR RESPONSIBILITY TO VERIFY ALL INFORMATION YOURSELF. THIS IS A PODCAST AND YOUTUBE VIDEO FOR ENTERTAINMENT PURPOSES ONLY