The Dangers of Blindly Googling "Best Airbnb Locations" (Do This Instead)
Learn how Matt leveraged local knowledge and a unique approach to build a successful STR business in De Moines, Iowa, defying conventional market wisdom. Discover actionable insights on identifying market gaps and creative financing for your own investment strategies. To learn more, become a client, and work with our agents, go to: https://theshorttermshop.com/
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00:00 Intro
01:49 Background & Family Life
03:42 Why Long-Term Rentals Still Matter
08:00 Strategy Behind Local Short-Term Rentals
09:52 Identifying Market Gaps and Potential
11:46 Financial Performance and Growth in Local STRs
14:33 Owning the Market Through Unique Offerings
18:58 Quality Control and Guest Satisfaction
20:23 Creative Financing Strategies for Local STR Deals
25:55 Understanding Your Market’s Seasons and Navigating Regulations
30:26 Matt’s Advice
37:40 Maximizing Your Time
39:20 Book recomendation
What are the best strategies for short term rentals in college towns?
How can local knowledge give you a competitive edge in short term rental investing?
What are some creative financing options for buying short term rental properties locally?
How do you determine the ideal amenities to attract more short term rental guests?
What are the key considerations for managing short term rentals in a market with few regulations?
#ShortTermRentals #IowaRealEstate #LocalInvesting
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