Episode 410 - 2 Hurricanes & 8.75% Rates - How This Dentist’s STRs Still Make Profit

Check Out His Properties: 1) https://www.airbnb.com/rooms/1209440043623463487?adults=1&children=0&enable_m3_private_room=true&infants=0&pets=0&search_mode=regular_search&check_in=2024-08-08&check_out=2024-08-13&source_impression_id=p3_1722389126_P3U80TzxpiN_xBT3&previous_page_section_name=1000&federated_search_id=1f1e694f-ba6e-4857-8452-701e734e2fe9 2) https://www.airbnb.com/rooms/1160851235647050641?viralityEntryPoint=1&s=76&source_impression_id=p3_1784843440_P3Mw7GMZykVtEeLa Want to learn more about Vodyssey or start your STR journey. Book a call here: https://meetings.hubspot.com/vodysseystrategysession/booknow?utm_source=vodysseycom&uuid=80fb7859-b8f4-40d1-a31d-15a5caa687b7 WEBINAR LINK: https://shawnmoore.clickfunnels.com/optiniyvvg89s FOLLOW US: https://www.instagram.com/vodysseyshawnmoore https://www.facebook.com/vodysseyshawnmoore/ https://www.linkedin.com/company/str-financial-freedom https://www.tiktok.com/@vodysseyshawnmoore CONTACT US: [email protected] Chapters 00:00:00 Intro 00:02:01 Jonathan's journey into real estate and rentals 00:03:59 Market selection: Texas and Kentucky 00:06:11 Timing and market environment considerations 00:08:10 Capital requirements and managing stormy markets 00:10:02 Property types: turnkey vs. custom 00:11:59 Challenges of older homes and maintenance 00:13:54 Designing for different target audiences 00:15:52 Pros and cons of turnkey vs. custom properties 00:19:09 Lessons from property management experiences 00:21:04 Impact of weather events and review management 00:23:03 Financing strategies and interest rate environment 00:25:11 Visibility and forecasting with management models 00:27:00 Future market plans and expansion 00:34:03 Advice to younger self and enjoying the journey