⭐ 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