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87: Essential Intel To Co-Host Short-Term Rentals, with Sean Parker
Manage episode 407149717 series 3558257
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Today we’re delving into the world of co-hosting short-term rental properties.
The start up costs can be quite minimal as you don’t own the properties, but rather, you’re solving a lot of problems for the property owners and you have the opportunity to serve and profit from both them and the guests staying at the properties.
Sean Parker fills us in on the details. Together with his wife Jill, they currently co-host 52 properties and look after close to 65 properties earning them gross revenues in the high 6-figures.
You’ll discover,
- Why he pivoted to a model that is “revenue-based” instead of “occupancy-based”
- What can make or break the all important 5-star ratings
- revenue and expenses
- the downside of co-hosting that people don’t often talk about, and
- what is currently more profitable: owning a property yourself, or cohosting
For full show notes, head over to:
https://www.sidehustlehero.com/87
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