How to capitalize on the BOOM in short-term rentals

Airbnb reported revenue of $1.3B for Q2 of 2021, surpassing 2019 numbers for the same period by 10%. And as people get more and more comfortable traveling again, the short-term rental BOOM is likely to continue.So, what can you do to capitalize on this upswing in the vacation rental market?On this episode of Get Paid for Your Pad, Eric and I explain how the pandemic has helped facilitate STR growth, driving the popularity of unique stays in drive-to destinations. We share our vision for the hospitality brand we’re launching soon and describe how getting clear on what you’re building makes decisions easier. Listen in for insight on scaling a STR management business to fund real estate investments and learn how Legends X can help you take advantage of the BOOM in short-term rentals!Topics Covered How COVID facilitated a BOOM in short-term rentalsPeople rediscovered unique places to visit near homeOption to work/study remotely allowed for travelWhat we see as the next big thing in STRsUnique stays in drive-to marketsHospitality brands Our vision for the travel brand we’re launching soonNature-inspired sites short drives from metro areasExperience-based tiny home + cabin communitiesWhy we recommend starting with a vision for your businessThings fall into place once you know what you wantClarity on what you’re building makes decisions easy What’s unique about our journey to becoming investorsManage other people’s properties (no cash to start)Scale management business to buy real estateWho is a good fit for the Legends X STR AcceleratorCoachable hosts who want to growExcited to be part of community Resources  Hicksville Trailer PalaceLegends X Short-Term Rental AcceleratorOvernight SuccessEric’s Instagram Post on ExpansionGet Paid for Your PadEmail [email protected]  Sponsor Hostfully [Discount Code PAD] Hosted on Acast. See acast.com/privacy for more information.