Vacation Rental Revolution Podcast: Building Lifestyle & Financial Freedom With Short-Term Rentals

Successful Vacation Rental Owners, Dan & Amy Hanson purchased their first vacation home investment by finally saying “YES” and chasing their dreams.Dan & Amy share the ups, downs and everything in between as we dive into their journey in the vacation rental world.Similar to so many success stories, here’s what I can tell you about Dan & Amy.They are hungry, driven, up for the work, and THEY LISTEN. I’ve worked with thousands of people who say they want to build a portfolio of Lifestyle Assets, and I can tell you that the people who get results are always the best listeners and they take massive action.Most people listen with the intent to reply, Dan & Amy listen with the intent to understand. That understanding then turns into action, that action into results.Go listen to their awesome story on this week’s podcast episode.As always, thanks for being the best part of this show and please subscribe and leave us a review if you find value in what we are doing.Cheers,Shawn MooreFounder, Vodyssey.comGo check out their property below:https://www.airbnb.com/rooms/685011009285925340

When it comes to success, people often debate between experience and knowledge. Now, knowledge is great, but let's face it, without the ability to apply it, it's useless! That's why experience is the real game-changer! It's the hands-on, in-the-trenches learning that separates the winners from the losers. And the best part? You can't "fake" experience. You either have it or you don't. - it's the key to unlocking success!In today's episode, I share a crazy story of knowledge without experience backfiring on a successful investor I know.As always, thanks for being the best part of this show. Please subscribe and leave us a review if you find value in what we are doing.Cheers,Shawn MooreFounder, Vodyssey.com

First time vacation rental owners, Nate & Jen Morris, were first introduced to vacation home investing just over a year ago.Nate shares the ups, downs and everything in between as we dive into the journey into their first vacation rental investment. They purchased in one of the nation's most saturated markets and they continue to get their unfair share of business. Nate shares how they do it in our conversation today. Similar to all of our success stories, here's what I can tell you about Nate & Jen. They are hungry, driven, up for the work, and THEY LISTEN.I've worked with thousands of people who say they want to build a portfolio of Lifestyle Assets, and I can tell you that the people who get results are always the best listeners and they take massive action.Most people listen with the intent to reply, Nate & Jen listen with the intent to understand. That understanding then turns into action, that action into results. Go listen to their awesome story on this weeks podcast episode.As always, thanks for being the best part of this show and please subscribe and leave us a review if you find value in what we are doing.Cheers,Shawn MooreFounder, Vodyssey.comGo check out their property below:https://www.airbnb.com/rooms/22942896?source_impression_id=p3_1681508341_BJScWDkm0AC%2BYoyb

I recently had the pleasure of interviewing Andres Perez. He and his wife Eliska are two individuals who have taken their financial future into their own hands and are on track to invest full time in vacation homes in just over a year.Andres and Eliska were fed up with the limitations of the corporate world and decided to pursue their dreams of lifestyle and financial freedom. They took the leap and raised capital from a few close investors, and they haven't looked back since.They're passionate about investing in vacation homes and they are well on their way to lifestyle and financial freedom. Even after facing the challenges of not one, but two major hurricanes in their first year of ownership, they're more determined than ever to succeed.In our interview, Andres shares the ups and downs of their journey, including the lessons they've learned along the way. Their story is inspiring, and I'm excited for you to hear it.So, join us for this incredible conversation about building a life of financial freedom through vacation home investments. It's going to be one for the books.As always, thanks for being the best part of this show and please subscribe and leave us a review if you find value in what we are doing.Cheers,Shawn MooreFounder, Vodyssey.com You can check out Andres & Eliska's vacation home or book a stay on AirBnB at the link below: https://www.airbnb.com/rooms/555712594485174430

Are you ready to take your short term rental business to the next level? If you're like me, you're always looking for new ways to leverage cutting-edge technology and stay ahead of the competition. That's why I'm super excited to bring you today's episode!We're diving deep into the world of AI, and let me tell you, it's a game-changer. Our guest today is none other than Bart Sobies, the AI guru behind ibooked.online. This guy knows his stuff, and he's here to share some killer tips and tricks on how you can use AI to maximize your short term rental business.So buckle up and get ready to take some serious notes, because this episode is packed with valuable insights that you won't want to miss. Trust me, your business will thank you for tuning in! As always, thanks for being the best part of this show and please subscribe and leave us a review if you find value in what we are doing.Cheers,Shawn MooreFounder, Vodyssey.com5 Day AI Challenge: https://ibooked.online/aiInstagram: https://www.instagram.com/ibooked.online/LinkedIn: linkedin.com/in/bart-sobies/

Brian & Susan began feeling the drag of corporate life and their entrepreneurial side got them looking into vacation home investing. They have never investing in real estate before, but after a lot of research, they dove in and purchased their first cabin a little over a year ago. Brian & Susan have since become hooked on the many possibilities of building lifestyle and financial freedom investing in vacation homes and are already renovating properties 2 & 3 as we speak.Brian shares the ups and downs of their first full year in business and many of the lessons learned along the way. I hope you enjoy this conversation as much as I did. As always, thanks for being the best part of this show and please subscribe and leave us a review if you find value in what we are doing.Cheers,Shawn MooreFounder, Vodyssey.com You can check out Brian & Susan's vacation home or book a stay on VRBO at the link below: https://www.vrbo.com/9629050ha?unitId=8711253

Elise was looking for an asset that could help her save on the massive tax bill she was paying each year when someone suggested she look into investing in short term rentals. She dove in right out of the gate and bit off a bit more than she had planned with an older home purchase that needed some work.However, through the challenges, she has become hooked on the many possibilities of building lifestyle and financial freedom investing in vacation homes. I can't wait for you to hear her story and I hope you enjoy it as much as I did. As always, thanks for being the best part of this show and please subscribe and leave us a review if you find value in what we are doing.Cheers,Shawn MooreFounder, Vodyssey.com You can check out Elise's vacation home or book a stay on AirBNB at the link below: https://www.airbnb.com/rooms/778127208429738774

I'm joined today with one of our Vodyssey Empire Club members, Benjamin Kimball. Ben shares his amazing story of grit and determination to reach his goals despite some huge challenges and hurdles along the way. I can't wait for you to hear his story and I hope it is as inspirational to you as it was for me. As always, thanks for being the best part of this show and please subscribe and leave us a review if you find value in what we are doing.Cheers,Shawn MooreFounder, Vodyssey.comYou can visit Ben's properties and book a stay at the links below:https://www.airbnb.com/rooms/51491507https://www.airbnb.com/rooms/50002008https://www.airbnb.com/rooms/618750601524539540https://www.airbnb.com/rooms/699999888857707150

My #1 goal has always been to help investors not only succeed in vacation rental investing, but to also walk into this game with their eyes wide open.I've always said that short term rental investing is not the right fit for everyone. In today's episode, I want to share 3 things you should be aware of BEFORE you dive into short term rental investing. ​​​​As always, thanks for being the best part of this show and please subscribe and leave us a review if you find value in what we are doing.Cheers,Shawn MooreFounder, Vodyssey.com

You can feel it in the air—economic concern is riding high with the consensus of many economic forecasters predicting at least a mild recession in 2023. But there are a few bright spots, too. Data shows us that the vacation rental industry has more cause to stay optimistic than despair, as travel tailwinds still have the power to overcome economic headwinds. With employment remaining strong and consumer interest increasingly turning to travel, the diverse and often affordable experiences offered by short-term rentals (STRs) will continue to draw crowds in 2023—both on the supply and the demand side.In short, the performance forecasting isn’t quite on par with the stellar and even dramatic results the industry saw in 2021 and 2022. But it’s clear 2023 will be a year of mature performance from an industry that recovered more nimbly than conventional lodging and recently reached all-time highs in supply, demand, and total revenue. As always, thanks for being the best part of this show and please subscribe and leave us a review if you find value in what we are doing.Cheers,Shawn MooreFounder, Vodyssey.com

2022 is winding up and the STR market is ending with another banner year. However, there are signs of a shifting market and whether you currently own a short term rental or you are thinking of purchasing one, there are things you should be doing to prepare for the new opportunities I anticipate seeing in 2023.In today's episode, we will talk about what you can be doing to prepare for new opportunities in the coming year.As always, thanks for being the best part of this show and please subscribe and leave us a review if you find value in what we are doing.Cheers,Shawn MooreFounder, Vodyssey.com

Unfortunately, a lot of people just drift through life with no real plan.Less than 53% of people even have long term plans which causes them to react to different short term events. This causes a lot of stress and ultimately holds them back from ever achieving their dreams.One of the most common things you will hear them say is that they will "Wait & See". They avoid making decisions and become very reactionary. In today's episode, I want to challenge you to think about your long term plans and not become reactionary to short term events.As always, thanks for being the best part of this show and please subscribe and leave us a review if you find value in what we are doing.Cheers,Shawn MooreFounder, Vodyssey.com

Now is the time of year that most people begin to take their foot off the gas pedal.   People tend to relax and begin to procrastinate during the holiday season. Thanksgiving, Christmas & New Year's are holiDAYS not holiMONTHS.Before we dive into all of that, I want to share with you why most people fail and the 3 key points you should be aware of to set yourself up for success.  How leverage really works, How to multiply time, & Why new opportunities are making you poor. Most people start to relax, make excuses & push things off until the first of the year.  You may even have a tendency to take it easy right now. This is the time to accelerate your progress and gain some massive ground on not only the competition but also the old you, without giving up the fun of the holidays.As always, thanks for being the best part of this show and please subscribe and leave us a review if you find value in what we are doing.Cheers,Shawn MooreFounder, Vodyssey.com  

Today I was joined by Kim Lalande, CEO & Founder of KEY.coKim founded KEY to help vacation home owners bring 5 Star Concierge services to their guests.  We are always talking about the importance of delivering the fairytale experience. Whether your guests want to enjoy a stocked fridge upon arrival, indulge in a dinner prepared by a private chef or reach peak relaxation with an in-home massage, KEY has you covered.  We had a great conversation on merging technology with hospitality to really elevate your guest's experience. As always, thanks for being the best part of this show and please subscribe and leave us a review if you find value in what we are doing.Cheers,Shawn MooreFounder, Vodyssey.com

Leslie Anne Morris, began her Smoky Mountain investing journey while living and working in Los Angeles. Leslie had been a commercial banker for over twenty years and wanted to begin building true wealth.From the minute she closed on her first investment cabin she knew she had made the right choice. The cabin was an overnight success!  The cash flow she made from her first investment allowed her to quickly scale her portfolio and today she has 10 short term rentals. Leslie’s mission is to be a driving force that helps empower women to begin investing, her ultimate goal is to create 1,000 women millionaires! You can find Leslie on Instagram @leslie.anne.morris or on her website: www.LeslieAnneMorris.comAs always, thanks for being the best part of this show and please subscribe and leave us a review if you find value in what we are doing.Cheers,Shawn MooreFounder, Vodyssey.com

One of the most important questions an investor needs to answer before purchasing a property is: What is the investment & revenue potential of this property?In today's episode, I want to explain to you our approach to analyzing income potential on short term rental deals. This is exactly how we put everything together so that we can mitigate our risk and recognize opportunities as much as possible. We've analyzed 1000's of deals and I am going to share with you my 3 step process.My goal is to share with you this underwriting process in detail so you have a good understanding of how any property you look at will perform as a short term rental investment.  As always, thanks for being the best part of this show and please subscribe and leave us a review if you find value in what we are doing.Cheers,Shawn MooreFounder, Vodyssey.com

In today's episode we are joined by one of the OGs in the short term rental game. Author, speaker and passive income expert Brian Page shares what it takes for anyone, regardless of position or industry, to work less, earn more, and live free in his latest book, “Don't Start a Side Hustle!”Brian has been unemployable for years. While traveling the world and spending tons of time with his family, he’s been building stream after stream of passive income, allowing him to own every moment of his life. Even through the 2008 market crisis and COVID-19, he has been able to build his passive income empire by creating, controlling, and owning assets that do the work for him.I'm excited to share this interview with you as Brian dives into what it takes to build a life that you don't want to take a vacation from.To get a copy of Brian's book, Don't Start A Side Hustle, please visit www.WatchFreeTraining.comAs always, thanks for being the best part of this show and please subscribe and leave us a review if you find value in what we are doing.Cheers,Shawn MooreFounder, Vodyssey.com

In today's episode, I get the opportunity to chat with Avantstay's CEO Sean Breuner.Sean’s been a real estate and technology entrepreneur for 15+ years. Having gone through the launch and sale of a number of early stage companies, his newest endeavor at AvantStay has Sean reimagining group travel and innovating new ways to leverage technology to deliver a truly unique lifestyle hospitality brand for the future traveler.We chat about a number of different topics that includes:Why we believe short-term rentals are well positioned for upside in the inflationary environment. We talk about the pros and cons of STR using professional management companies vs. self-management?How the short term rental market is maturing and evolving as the expectations of guests continues to rise. Learn more about Avantstay by visiting www.Avantstay.comAs always, thanks for being the best part of this show and please subscribe and leave us a review if you find value in what we are doing. ​​ ​Cheers,Shawn MooreFounder, www.Vodyssey.com

If you've listened to me for any length of time, you probably know that I am a big proponent of property owners using full service property management companies in most cases.However, with the growth in the STR industry, we are seeing many Co-Hosts come on to the scene as possible management partners.In this quick episode, I highlight what I believe are the most practical differences between the two management partner options.As always, thanks for being the best part of this show and please subscribe and leave us a review if you find value in what we are doing. ​​ ​Cheers,Shawn MooreFounder, www.Vodyssey.com

Short term rental markets are getting more and more saturated. ​​We are seeing average occupancy drop in many areas.​Yet we are seeing demand and money being spent in these markets continue to skyrocket across the board. There is more money being spend on short term rental stays than ever before. It's up to you to get your UNFAIR share of the dollars being spent in your area.I will talk about exactly how you do this in today's episode. As always, thanks for being the best part of this show and please subscribe and leave us a review if you find value in what we are doing. ​​ ​Cheers,Shawn MooreFounder, www.Vodyssey.com

Today I get to interview Rick Sharga, one of the nation's leading experts in real estate market intelligence. Rick is the Executive Vice President of Market Intelligence at ATTOM, one of the country's leading providers of comprehensive real estate data for companies in the real estate, mortgage, insurance, finance and government markets.We chat about what indicators we are looking at leading into this shifting real estate market. We talk about upcoming foreclosures and if it looks like the housing bubble is finally going to burst.We talk about the similarities and differences between the markets today and in 2007/2008.We chat about what you can do to prepare and get ahead in the upcoming markets and so much more. I hope you enjoy this episode as much as I did chatting with Rick.

Today we got a chance to talk to one of the nations leading experts on 1031 exchanges, Lu Ann Blough from Exchange Resource Group. The 1031 Exchange is a versatile tax planning and investment tool for savvy investors and Lu Ann explained the do's and don't when considering a 1031 exchange. We even talked about lesser known advantages of a 1031 exchange and using them to defer depreciation recapture when selling an investment property.Lu Ann can be contacted for more assistance via email at [email protected] or direct at 972-863-1031As always, thanks for being the best part of this show and please share this with anyone you feel would benefit from hearing.Cheers,Shawn Moorewww.Vodyssey.com

Tuesday Tips are quick episodes where I answer questions sent to us that I feel you would benefit from hearing my thoughts on.Today Jeff asked - What is causing houses prices to continue to increase despite rising interest rates and curbed demand?As always, thanks for listening and being the best part of this show.Cheers,Shawn MooreFounder, Vodyssey.comConnect with Shawn Moore:- Website- Instagram- LinkedIn- Youtube

I believe we have an epidemic happen in the world today. I speak to people all across the country who all say they want one thing and do another. They give themselves every excuse in the world of why they shouldn't chase their dreams. When we were kids, we didn't take no for an answer. We had big dreams and wanted to chase them every day. Somewhere along the way, we started to get conditioned that it wasn't the right time or that our dreams were unrealistic and we started to believe it. Ed Mylett always says things are taught not caught. Today I want to address this epidemic of parents giving up on chasing their dreams & remind everyone that someone is watching. As always, thanks for listening and being the best part of this show.Cheers,Shawn MooreFounder, Vodyssey.comConnect with Shawn Moore:- Website- Instagram- LinkedIn- Youtube