Thanks For Visiting

Latest Episodes:

282. Hosting Hotline: Creating Trust With Your Property Manager Aug 22, 2023

Show notes

Welcome back to the Hosting Hotline! This is an Ask Me Anything where each week we’ll answer your questions on Airbnb, STRs, real estate, and everything in between.

Danielle asks:

We discovered that our nightly rate has been set lower than we expected, because of a 10% discount our property management company has been running. How can we make sure if this is best practice, or if we should avoid this in the future?

Thanks to everyone who submitted questions. To hear your voice on the show and send a question to Sarah and Annette, visit Speakpipe.com/ThanksforvisitingAMA

Thanks for Visiting is produced by Crate Media.

Mentioned in this episode:

Make More Money This Year | Join our LIVE Workshop!

281. Raising Millions Without Asking: Bill Allen's Method for Private Lending Partnerships Aug 17, 2023

Show notes

Bill Allen is the CEO and Owner of 7 Figure Flipping a real estate organization based out of Nashville, TN. He and his team currently flip and wholesale 200+ deals per year in Tennessee and northern Florida, while leading the top house flipping and wholesaling mentoring groups in the nation.

Bill began his career as a Naval Officer with 18 years of military experience and discovered through the avenue of real estate, that his calling is leading others by helping them find their own success through networking and accountability. This year, 2021, Bill released the book 7 Figure Flipping Underground.

Bill shares his proven system for partnering with private lenders, overcoming limiting beliefs around asking for money, and highlighting the advantages of leveraging OPM (other people's money) rather than traditional bank loans. We discuss the fixed returns and benefits investors receive, building trust and confidence with new partners, and reframing "asking" to "presenting exciting opportunities."

Bill emphasizes having a clear "why" for growth, pursuing the freedom financial security brings, and creating positive impact by empowering others. His high-energy approach will help listeners gain confidence in raising capital to fuel their entrepreneurial dreams.

Resources:

• Instagram: @7FigureFlipping

• Instagram: @BillAllenRei

• Podcast: 7 Figure Flipping

• Website: 7FigureFlipping.com

• YouTube: 7 Figure Flipping

• Facebook: 7 Figure Flipping

• #STRShareSunday: @Twinflowercabinky

Thanks for Visiting is produced by Crate Media.

Mentioned in this episode:

Make More Money This Year | Join our LIVE Workshop!

Breezeway | Go to breezeway.io/tfv to claim your free implementation when you start a Breezeway account.

Minoan | Minoan helps short-term rentals and boutique hotels enhance their appeal with their customizable, curated retail platform.

Minoan | Visit MinoanExperience.com and tell them TFV sent you!

280. TFVCON Spotlight with Keynote Speaker & Emcee, Ashley Nobles Aug 15, 2023

Show notes

Today, we’re pivoting the feed to spotlight one of our amazing TFVCON contributors, Ashley Nobles! Ashley is our emcee and keynote speaker, educating on all things location rentals.

She’s also an interior designer, real estate investor, business coach, and short-term rental superstar. She and her husband, Brett, opened their very first short term rental property in downtown Los Angeles in 2015.

What started as a simple little side hustle out of their one-bedroom studio loft has since exploded into seven-figure success, multiple properties and tens of thousands of happy guests thanks to Ashley’s magic touch, unique design eye, second-hand sourcing style and 5-star service philosophy.

As a multi-passionate creative, Ashley is continuously seeking new, innovative ways to push boundaries, exceed expectations, and leave a beautiful, positive mark on the world through the power of creativity and community.

Resources:

• TFVCON 2023: Own Your Future

• Pivot From the Overnight Short-Term Rental Strategy to the Niche of Hourly Location Rentals #77

Thanks for Visiting is produced by Crate Media.

Mentioned in this episode:

Minoan

Minoan | Visit MinoanExperience.com and tell them TFV sent you!

Make More Money This Year | Join our LIVE Workshop!

Breezeway | Go to breezeway.io/tfv to claim your free implementation when you start a Breezeway account.

279. Make More Money, Honey: Hacking the STR Business Model with Rachel Richards Aug 10, 2023

Show notes

At the age of 27, Rachel Richards quit her job and retired. She is now living off $20,000 per month in passive income. Rachel is the bestselling author of “Money Honey” and “Passive Income, Aggressive Retirement.” She built a real estate portfolio of 38 rental units by the age of 26. She makes the topic of money management fun, entertaining, and simple for her 250,000+ millennial followers.

We talk about the advantages of being an out-of-state landlord, her mental health journey during her busiest years, how she’s reframed failure, and making sacrifices while scaling up. Rachel also shares some incredible investment hacks, like operating a cash-efficient boarding house and leveraging a real estate license to better survey a market’s listings.

Rachel helps women feel excited, capable, and confident about their financial futures. And listeners, just wait because Rachel is vulnerable, honest, and is going to help you just keep going right now, especially if you're going through something tough. This is the episode for you.

Resources:

• #STRShareSunday: @archhouse_wa

• Passive Income: www.moneyhoneyrachel.com/passiveincome

• Website: www.moneyhoneyrachel.com

• Instagram: www.instagram.com/moneyhoneyrachel

• Money Honey: https://amzn.to/3QhLVyH

• Passive Investment, Aggressive Retirement: https://amzn.to/43E2Oqh

Thanks for Visiting is produced by Crate Media.

Mentioned in this episode:

Minoan | Minoan helps short-term rentals and boutique hotels enhance their appeal with their customizable, curated retail platform.

Minoan | Visit MinoanExperience.com and tell them TFV sent you!

Make More Money This Year | Join our LIVE Workshop!

Breezeway | Go to breezeway.io/tfv to claim your free implementation when you start a Breezeway account.

278. Hosting Hotline: Parent-Child Listing Strategies For Your Airbnb, Bathroom Edition Aug 08, 2023

Show notes

Welcome back to the Hosting Hotline! This is an Ask Me Anything where each week we’ll answer your questions on Airbnb, STRs, real estate, and everything in between.

Carolyn asks:

We’re working on setting up a Parent-Child listing for our Airbnb; can you offer advice on how to arrange access to the bathrooms between 2-, 3-, and 4-bedroom listings?

Thanks to everyone who submitted questions. To hear your voice on the show and send a question to Sarah and Annette, visit Speakpipe.com/ThanksforvisitingAMA

Other Episodes On Parent-Child Listings:

• 254. Hosting Hotline: How Should I Price my Parent-Child Listing?

• 248. Hosting Hotline: Parent-Child Listings for Neighboring Properties

• 232. Listing Your Airbnb As A Parent-Child Setup (AMA)

Resources:

• Our favorite door lock for parent-child listings

Thanks For Visiting is produced by Crate Media.

Mentioned in this episode:

Make More Money This Year | Join our LIVE Workshop!

277. Creating Spectrum-Friendly Vacations with Suzanne Hacker Aug 03, 2023

Show notes

Suzanne Hacker is a former banking executive turned business coach with a rich background in leadership and coaching. Throughout her banking career, she managed 17 locations and supervised 110+ direct/indirect reports, including 15-20 individuals reporting directly to her. Coaching her team members was an essential aspect of her role, and she excelled in overseeing consumer and small business lending, marketing, and training for the bank, showcasing a comprehensive understanding of various business facets crucial for successful growth. Suzanne's goal-oriented approach revolves around data analysis and keeping a close eye on ROI.

Following the conclusion of her banking career due to an acquisition, Suzanne embraced the opportunity to invest in real estate and ventured into vacation rentals. This new journey rekindled her passion for remodeling, interior design, decorating, and the hospitality industry.

As time passed and her experience expanded, Suzanne established "Spectrum Friendly Vacations," a venture aimed at creating safe and comfortable vacation rentals tailored to Families with children on the autism spectrum. Through this initiative, she envisions a world filled with Spectrum-Friendly Vacation rentals, allowing ASD families to travel more and enjoy well-suited accommodations for their unique needs.

To learn more, and for the complete show notes, visit: http://thanksforvisiting.me

Resources:

• Try out this Home Security Door Lock to make your short-term rental more safe

• The Spectrum-Friendly Properties Training and Certification: use code TFV and we will forward any and all commissions to Vincent’s Clubhouse Autism research!

• #STRShareSunday: @thehideawaymasonlake

Thanks for Visiting is produced by Crate Media.

Mentioned in this episode:

Minoan | Minoan helps short-term rentals and boutique hotels enhance their appeal with their customizable, curated retail platform.

Minoan | Visit MinoanExperience.com and tell them TFV sent you!

Breezeway | Go to breezeway.io/tfv to claim your free implementation when you start a Breezeway account.

Make More Money This Year | Join our LIVE Workshop!

276. Hosting Hotline: Maximizing Your Nightly Rate For Major Events Aug 01, 2023

Show notes

Welcome back to the Hosting Hotline! This is an Ask Me Anything where each week we’ll answer your questions on Airbnb, STRs, real estate, and everything in between.

Vanessa asks:

We’re preparing for the total Solar Eclipse which will be visible next April, 2024. Early April is our off-season, but how can we take advantage of this once-in-a-decade event?

Thanks to everyone who submitted questions – and thanks to Colleen, our Director Of Operations, for her expertise.

To hear your voice on the show and send a question to Sarah and Annette, visit Speakpipe.com/ThanksforvisitingAMA

Thanks for Visiting is produced by Crate Media.

Mentioned in this episode:

Make More Money This Year | Join our LIVE Workshop!

275. Mastering Short-Term Rental Furnishings with Minoan: Free for Hosts Jul 27, 2023

Show notes

In this episode, we're thrilled to have Sage Nathan, a seasoned hospitality enthusiast and key player at Minoan, as our guest. Sage is a self-proclaimed “boutique geek” with a passion for hospitality. Sage started her career in eCommerce and retail and spent over two years as an omni-channel buyer at Jet.com (later acquired by Walmart in 2016 for $3.3B) where she worked alongside Minoan’s founder, Marc. She then left Jet.com/WMT and joined Minoan in 2020.

Minoan, a platform we faithfully use for our short-term rentals, allows hosts to furnish their spaces with high-quality items from over 160 brands, all at amazing discounts. Minoan takes on the “unsexy” sides of ordering like tracking, customer service, etc. so hosts can focus on what they do best – hosting! And the best part is, it's completely free to use!

In this episode Sage will be sharing insights on how to maximize the capabilities of Minoan and new features on the platform, revealing how cohosts and even short-term rental designers can use the platform to optimize their furnishing needs. We'll also dive deep into the current popular buys among hosts, like the best-selling mattresses, linens, and rugs. Whether you're a veteran host or just starting out, Sage's behind-the-scenes insight and hosting hot tips are sure to help you streamline your processes and create the best experience for guests. So, tune in as we explore how you can optimize your guest’s experience through smart furnishing with Sage from Minoan.

Resources:

• LinkedIn: Sage Nathan

• Website: minoanexperience.com

• #STRShareSunday: @pepinforesttreehouse

Thanks for Visiting is produced by Crate Media.

Mentioned in this episode:

Make More Money This Year | Join our LIVE Workshop!

Breezeway | Go to breezeway.io/tfv to claim your free implementation when you start a Breezeway account.

Minoan | Minoan helps short-term rentals and boutique hotels enhance their appeal with their customizable, curated retail platform.

Minoan | Visit MinoanExperience.com and tell them TFV sent you!

274. Hosting Hotline: Keeping Your Airbnb Open & Your Guests Happy Through Construction Jul 25, 2023

Show notes

Welcome back to the Hosting Hotline! This is an Ask Me Anything where each week we’ll answer your questions on Airbnb, STRs, real estate, and everything in between.

Nicole asks:

There is construction going on right near our two short-term rentals. What do you recommend we do to ensure guests continue to have a great stay even through the construction projects?

Thanks to everyone who submitted questions. To hear your voice on the show and send a question to Sarah and Annette, visit Speakpipe.com/ThanksforvisitingAMA

Thanks for Visiting is produced by Crate Media.

Mentioned in this episode:

Make More Money This Year | Join our LIVE Workshop!

273. From Lawyer to Hotelier: Build Your Portfolio with Diya Liu’s Real Estate Investing Strategies Jul 20, 2023

Show notes

We are thrilled to welcome former lawyer turned hotelier, Diya Liu, to the podcast. Diya is a true powerhouse in the real estate and hospitality industry. Drawing from her academic background in chemical engineering and biochemistry, she pursued a legal career in patent litigation. However, her incredible success in reaching $200,000 net rental income with short-term rentals led her to make the courageous decision to quit her job and fully immerse herself in the world of real estate investing. With her extensive portfolio, she owns four boutique hotels and around a dozen short-term rentals across the USA. As if that wasn't impressive enough, Diya is also the CEO of Welcome Capital, a remarkable $10 million STR and hotel fund.

What sets Diya apart is her ability to leverage her legal background to teach others not only how to achieve financial independence through short-term rentals but also advanced techniques such as off-market acquisitions, creative financing with zero down payments, and innovative exit strategies like wrapped note transactions. She is passionate about sharing her expertise and empowering experienced short-term rental operators and owners to scale into hotel investing.

We are honored to have Diya share her invaluable insights, experiences, and strategies with us on this podcast. Diya gives us the lowdown on where to find hotel acquisition opportunities in the best markets, unique marketing strategies for boutique hotels, optimizing operations with new technology, what’s in her buy box and why now is the golden era for boutique hotels. Get ready to be inspired and gain the knowledge you need to take your real estate and hospitality ventures to new heights.

Resources:

• Instagram: @DiyaESQ

• Event: Western NC Hotel Bootcamp & Market Tour August 22-26

• Facebook: Airbnb Professional Hosts: Short Term Rentals, Mid Term Rentals, and Hotels

• Website: diyaliu.com

• Twitter: @diyaesq

• Facebook: Diya ESQ

• Welcome Capital: thewelcomefund.com

• CoStar: costar.com

• Cloudbeds: cloudbeds.com

• LoopNet: loopnet.com

• Crexi: crexi.com