Transitioning from being an employee to having your own short term rentals w/ Michael Cotroneo

Transitioning from being an employee to having your own short term rentals w/ Michael Cotroneo

Investing in short term rentals takes a lot of risk, especially that you will be putting a lot of money and hard work in it, and Michael Cotroneo took that risk.

Michael was a full time employee who bought his first single family home in Houston in July 2017. He rehabbed it and turned into a long-term property. Later on, he realized that doing short term rentals is more beneficial since it's giving him a higher rental income. In addition to that duplex, Michael invested in RVs and currently owns multiple properties in Arkansas.

In this episode, Michael shares his experience in transitioning from working as a W2 employee to owning and managing short term rentals. He also talks about the contrast of investing between single family homes and the RVs, and the difference of rehabbing homes for short term rent vs. long term rent.

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🎤Listen to the show in podcast format + leave a review ❤️ iTunes: https://apple.co/2xEVcri Stitcher: http://bit.ly/30u12Iq Spotify: https://spoti.fi/2G5ab25 Google Play: http://bit.ly/32cUtLX

Avsnitt(103)

Short Term Renting to Corporate Clients w/ Ray Licardo

Short Term Renting to Corporate Clients w/ Ray Licardo

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In this episode, I have the special honor of speaking with Andrew LeBaron, founder of Buymoretime.com, a management service that charges as low as $99 a month for short term rentals as opposed to a re...

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From Tax Lien Real Estate Flipper to Full Time Airbnb Manager w/ Rich Munroe

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I had the special honor of speaking with Rich Munroe, founder of Diamond Edge Properties, a tax lien real estate investment company that has shifted it's focus to primarily short term rental managemen...

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Pricelabs: How to Price Your Airbnb Property During COVID-19 w/ Anurag Verma

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How to Get Direct Bookings for Your Short Term Rental w/ Mark Simpson

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