109. Start a Short Term Rental Side Hustle in 2024

The UpFlip Podcast

Jamie Inlow used a $2,000 loan to turn a neighbor's unused apartment into an Airbnb rental. Today, her short-term rental company, Be Still Getaways, manages more than 100 properties--and she built it while still working her full-time job.
On today's episode, we'll learn how Jamie started her property design and management side-hustle and grew it into a 7-figure business that's attracting national media attention from outlets like CNBC's Make It series. We'll find out how Jamie juggled her job, family, and growing business, the steps she took to attract those crucial early guests to her property, and the advice she'd give to other property management professionals who are looking to start a business of their own.

• Be Still Getaways
• The Unofficial Shopify Podcast
• Take our podcast survey > https://forms.gle/SUB69y9EQ47Z22J18
• UpFlip courses - Learn more about how to start a business in any niche from UpFlip
• Episode 96: Listen to learn how Andrew Freed built a $10M real estate business (while working full time)

Connect with UpFlip:

• On Facebook
• On Instagram
• On Youtube
• @UpFlipOfficial on Twitter

For more insights to start, build, or grow a business, check out the resources on UpFlip.com or head to the UpFlip YouTube channel to see more interviews with business owners and experts.

Thanks for listening!

Kapitel

1. 109. Start a Short Term Rental Side Hustle in 2024 (00:00:00)

2. Background Story (00:00:58)

3. Budget to Get Started (00:03:10)

4. Year One Revenue (00:04:28)

5. Profit Margins (00:05:18)

6. Biggest Challenges (00:07:45)

7. Biggest Mistake (00:09:08)

8. Business Segment (00:10:52)

9. Starting as a Side Hustle (00:11:48)

10. Marketing (00:16:55)

11. Fan Blitz Questions (00:20:05)

12. Hiring & Team (00:22:12)

13. Setting Boundaries (00:28:25)

14. Takeaways (00:31:26)