Let’s Talk Real Estate Investing with Sharon Vornholt
Business:Investing
Today my guest Bill Powers and I are diving into whether the Airbnb rental strategy is right for you. How would you like to know how to 3x or 4x your rental income in this show by adding Airbnb’s to your rental portfolio?
If you want to gain a deeper understanding of the Airbnb Rental Strategy, this episode is for you!
Bill is a serial entrepreneur with experience in business development, sales management, marketing tactics, and business operations. His expertise arises from the operation of a global consumer products brand as well as management and investment in several small businesses including recent investments in real estate. He has identified market opportunities, built teams of employees/contractors, and secured financing for startup ventures at several organizations during my career.
Key Highlights:
[00:01 - 04:27] Opening Segment
An overview of the Airbnb Rental Strategy
Bill’s journey getting into Airbnb
Why starting an Airbnb business can be lucrative and can help a local business grow
[04:28 - 15:48] The Business of Airbnb
The main sources of Airbnb’s revenue, and how the company has been able to succeed in a small town
Why Airbnb is a viable option for people to earn extra income
How Airbnb conducts research on short-term rentals in order to stay ahead of the competition
[15:49 - 25:00] The Ways That Airbnb Can Help to Grow Its Business
Have a team that is able to handle the organization and customization of the service
How Bill built a successful business by doing it for himself and then expanding into Airbnb
Components you should consider if you're thinking about investing in Airbnb
[25:01 - 26:49] Closing Segment
Bill shares some great advice for those looking to invest in real estate
Want to connect with Bill? Follow him on LinkedIn. Make sure to visit RTO Property, a property consulting company based in Waukegan, IL. They currently manage over 300 units, mostly single-family homes in Lake County, IL!
WANT TO LEARN MORE?
Connect with me through my website, Instagram, and LinkedIn
Or you can send me an email at sharon@sharonvornholt.com
Be sure to check out the Louisville Gals Real Estate Blog and my course Probate Investing Simplified.
Learn more about this podcast on iTunes, or Stitcher.
If you liked my show, please LEAVE A 5-STAR REVIEW, like, and subscribe!
Tweetable Quotes:
“Just always envision yourself using a product. And if you can see yourself using it, then thousands of other people can too” - Bill Powers
“It's the timeshare that pays you because you're making money on it, but at the same time, you can use it a couple of weeks a year." - Bill Powers
"If you're looking for an opportunity to get into the real estate market, Airbnb is a great way to do it." - Bill Powers
Success with Probate Investing
Expert Interview with Cally Doyle
Expert Interview with Chris Clothier - Wealth Through Turnkey Rentals
Planning For Success in Your REI Business
How to Successfully Use Direct Mail In Your REI Business
25 Ways to Generate Motivated Seller Leads
Never Go to a Bank Again to Buy Property with Jim Ingersoll
How to Create Financial Freedom with MC Laubscher – Podcast #89
Christmas Safety Tips for Homeowners and Tenants
How to Raise Private Money with Bill Walston
Using Social Media to Build Your Business and Your Brand
How to Quickly Screen Sellers on the Telephone
What's the Difference in Birddogging and Wholesaling with Marcus Maloney
The Truth about Juggling a Demanding Career, Kids and Life with Tamara West - Podcast #81
Using a Book as a Branding and Marketing tool with Barbara Grassey
This Mom Flips Houses with Lauren Hardy
Probate Q & A - Answers to Common Questions
Building an 8 Figure Real Estate Business with Andrew Holmes
3rd Generation Real Estate with Marcus Maloney
Hiring a Property Management Company with Linda Libatorie - Secure Pay One
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast