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

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