Michigan Short Term Rentals : Recent Episodes
Michigan Short Term Rentals
Learn to navigate the nuances of short term rentals in the state of Michigan. On the podcast we talk about: - Vacation rental regulations - Tools for optimizing your rental - Systems and processes for operating your short term rental - How to find a profitable vacation rental area - Amenities for vacation rentals We also interview owners of some of the best vacation rentals in the state of Michigan and beyond.
This episode is a mini-masterclass on hospitality marketing. Steph Weber explains how she financed and launched a 12-cabin riverfront development, marketed it mid-construction, and grew direct bookings.
Steph talks all things Instagram/FB, influencers, email capture, retargeting, and paid ads. She details naming, mood boards, guest experience design, and the metrics that matter (engagement → list growth → bookings). Expect honest lessons on bank expectations, cash calls, team roles, and the one non-negotiable: brand clarity that drives every decision.
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Three lessons. That’s what Tony and Jordan pulled from their trip to Boutique Hotel Con in Tennessee, and they’ll change the way you think about building wealth in hospitality. In this recap, they cover why the people you surround yourself with matter more than tactics, how to spot if you’re only “trying” instead of moving mountains, and why grinding through setbacks is the price of entry for big wins. If you’re ready to level up, this episode is your blueprint.
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In this episode, Tony and Jordan break down the five biggest lessons they learned from Michigan’s 2025 peak season. From vetting properties more carefully to avoiding unreliable service providers, they reveal the costly mistakes that can drag your business down. Why not all markets are truly “saturated,” and why building a strong team is the ultimate growth multiplier.
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Tony and Jordan open up about reinventing themselves again. From barber to broker, factory floor to founder, they break down the mental barriers (fear, comfort, “golden handcuffs”) that keep entrepreneurs stuck.
You’ll hear how masterminds, better circles, and defining your “perfect day” create clarity; why moving from player → coach → owner changes everything; and how to build confidence through action, not theory. If you’re living business Groundhog Day, this is your roadmap out.
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Is your STR underperforming? Tony and Jordan reveal the five revenue multipliers that separate winning properties from average ones. You’ll hear how a few small design tweaks flipped a property from zero bookings to fully booked, why investing in amenities like pools and pickleball courts can deliver huge ROI, and why networking, photos, marketing, and dynamic pricing aren’t optional anymore. If your revenue has slipped or if you want to crush 2026, this episode is your playbook.
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This episode gets real about development math. They discuss site work, vertical builds, and amenities, so they’re planning multiple paths: operate as a high-end resort or pre-entitle as PUD/site condos to give banks a clear exit if needed. They discuss financing realities, raising capital, community alignment, and why scarcity (no true resort-focused stays in the area) creates pricing power.
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What happens when you take a tired five-unit building and flip it into a powerhouse STR property? Tony and Jordan share the full story of their Southwest Michigan five-unit acquisitionfrom botched arbitrage beginnings to closing on the property with creative financing and no money out of pocket.
They reveal the wins and the challenges. Along the way, they share practical lessons on cutting costs, boosting revenue, and why versatility (breaking a large property down into midterm rentals in the offseason) can be a game-changer.
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In this episode, Tony and Jordan break down Airbnb’s Q2 earnings call and unpack the key insights for short-term rental owners and investors. From revenue surprises to subtle warnings hidden in the details, we explore what Wall Street’s numbers actually mean for Main Street hosts. If you want to understand where the market is heading and how it could impact your business, this episode delivers the must-know takeaways.
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In this episode, Tony Stancato and Jordan Painter share how they’ve narrowed their motel acquisition focus to one powerful corridor: St. Joseph to New Buffalo, Michigan. They reveal why chasing every “good deal” nearly slowed their growth, the hidden costs of operating outside your core market, and the systems they’ve built to dominate locally. If you’ve ever struggled to turn down opportunities, this conversation will help you protect your time, team, and bottom line.
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Tony and Jordan unpack one of the biggest mindset shifts for STR operators: chasing consistency instead of perfection. Whether it's installing a new AC before it fails in peak season or responding to guests in 10 minutes instead of 40, they explain how consistent execution builds trust, saves money, and reduces stress.
They also highlight the importance of culture, team training, and proactive communication with owners. If you're tired of swinging between burnout and hero moments, this episode will help you build a more stable, scalable vacation rental business.
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In this episode, we sit down with Dustin Baker from Hidden Gem Media to talk about what most STR owners get wrong about their photos and videos.
Better storytelling leads to more bookings.
Dustin shares how he blends cinematic visuals with direct response marketing frameworks (like hook, story, and offer) to help vacation rental listings stand out in a crowded marketplace. If you want guests to fall in love with your property before they even click “Book Now,” this one's for you.
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Not every client has to be the right fit, just like not every employee has to be the right fit.
This episode is about protecting your time, your team, and your peace of mind.
Hear how the team identifies poor-fit clients early, handles tough conversations, and ultimately makes space for the kind of clients who help grow the business.
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From Mount Rushmore to New York, Federico Zimerman has scaled a nationwide STR business—and learned a lot about what works (and what doesn’t). In this conversation, he shares the behind-the-scenes strategies for entering new markets, building local vendor networks, and optimizing pricing in real-time. It’s a deep dive into data, execution, and long-term success in the vacation rental space.
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Buying a short-term rental in Michigan? In this episode, Tony Stancato and Jordan Painter break down five common but easily overlooked pitfalls that could derail your investment—before you even hand over the down payment.
From sneaky three-day minimums to unpredictable HOAs, deed restrictions, and over-saturated markets, they share what every buyer should consider to avoid painful surprises later.
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In this episode, Tony Stancato and Jordan Painter explore seven foundational mindset shifts from Tony Robbins’ Unlimited Power that are critical for anyone looking to build a bigger, better future.
These beliefs aren’t just motivational fluff; they’re tools for navigating the challenges of business, leadership, and life with resilience and clarity. From reframing failure as feedback to embracing responsibility and seeing people as your greatest asset, this conversation unpacks how adopting these mindsets can create momentum and long-term growth.
Whether you're building a short-term rental business or simply trying to show up better in your daily life, these shifts are worth reflecting on and implementing.
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How do you prevent scope creep, unrealistic demands, or frustrating conversations with STR owners?
Tony and Jordan share their hard earned insights on the importance of setting clear expectations upfront. From service boundaries to revenue conversations, they unpack the key elements of their onboarding process and client agreements so you can build smoother partnerships from day one.
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Tony Stancato and Jordan Painter break down the powerful takeaways from Tony’s recent trip to the Boardroom mastermind in Boston. From shifting your role in business to sharpening your vision and building stronger teams, this episode explores what happens when you step into a room full of high performers and let it change your trajectory.
Whether you're refining systems, exploring AI, or reevaluating how you lead, this one’s packed with reflection and momentum.
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What drives someone to leave a secure corporate life and bet everything on short-term rentals—and later boutique hotels?
In this episode, Michael Sjogren joins Tony and Jordan to share his powerful journey, sparked by a family crisis and sustained by a deep commitment to time freedom.
You’ll hear how a strong "why" can fuel massive growth, how to transition from side hustler to visionary leader, and how Michael’s story went from a single condo to multiple boutique hotels and one of the industry’s biggest conferences.
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Tony and Jordan sit down with Blake Dailey to unpack his journey from short-term rental host to boutique hotel operator. From his early days of house hacking to acquiring a 130-unit property near the Smoky Mountains, Blake shares what it took to scale his real estate business.
If you've ever wondered what comes after STRs—or how to build a team, create operational systems, and force appreciation—this episode offers a behind-the-scenes look into a growing hospitality portfolio.
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In this episode, Tony and Jordan dive deep into the mindset challenges that hold so many entrepreneurs back from scaling their businesses.
From overcoming fear of failure to recognizing limiting beliefs you didn’t even know you had, they share personal stories, lessons from the Michigan STR Conference, and tactical ways to shift your mindset for growth. If you’ve ever felt stuck in a loop, hesitant to take the leap, or unsure if you’re operating at your full potential—this one’s for you.
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Most people think of Tony and Jordan when they hear the Michigan STR Podcast—but there’s a third partner behind the scenes. Meet Garry VonMyhr: serial entrepreneur, real estate investor, and the man behind multiple multimillion-dollar businesses.
In this episode, we unpack his story, why he joined forces with Tony and Jordan, and the biggest business principles he carries into every venture—including vacation rentals.
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In this episode, Tony and Jordan reflect on what worked, what surprised them, and what they’re changing next year after hosting the Michigan STR Conference—an event that drew hosts from across the country (and even Costa Rica). Real talk, real feedback, and what’s next for 2026.
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Don’t let your property get tired. In this episode, Tony and Jordan break down a recent stay at a highly rated Airbnb that totally missed the mark—from crooked lamps to leaky dishwashers to sketchy mechanicals.
They explain the real cost of letting things slide and how to prevent your short-term rental from becoming “just another place to stay.”
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Should you be nervous when a guest has no reviews? Today, Tony and Jordan unpack why some of your best guests might actually have a blank profile, why setting expectations is more powerful than screening reviews, and how to properly protect your properties with smart tech and policies.
Plus, hear what guest groups we actually get more nervous about.
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n this episode, we dive deep into the realities of ground-up development with Gina and Justin Cohen. They talk permits, city council approvals, and financing strategies—including how they raised capital through friends, family, and SBA lending.
Whether you’re dreaming of your own development or simply fascinated by what it takes to build a destination from scratch, this one’s packed with real-world insight and inspiration.
Petite Acres
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In this episode, Tony sits down with credit card reward expert Colin Stroud, founder of Go Somewhere, to break down how vacation rental owners can turn big upfront property expenses into free travel or cashback. From choosing the best business card to stack points, to unlocking 250,000-point bonuses, Colin shares tips that can 2–10x the value of your purchases. If you’ve got $30K–$80K in renovation or furnishing costs coming up, this episode could help you turn that spend into thousands in rewards.
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Colin's company, Go Somewhere
Choosing the Best Travel Credit Card
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In this episode, Tony and Jordan sit down with tax strategist Josh Sherrard, CEO of Strategic Navigators, to break down how real estate investors and business owners can legally save 40–60% on their taxes. Josh shares actionable insights most CPAs aren't talking about. If you’re a short-term rental owner looking to keep more of what you earn, this one’s a must-listen.
Strategic Navigators
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In this episode, Tony and Jordan break down the 5 biggest differences they’ve experienced managing boutique motels versus traditional short-term rentals.
Whether you’re STR-curious or already eyeing your first motel, this one’s full of insights you won’t want to miss.
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From an overworked corporate engineer to boutique motel owner, Kassidy Warren’s story is all about transformation, strategy, and purpose. In this episode, he walks us through how burnout sparked a major lifestyle shift, leading to nine short-term rentals and a boutique hotel project in California.
Kassidy shares his philosophy on the velocity of money, the power of forced appreciation, and how to turn real estate into a scalable business. If you’ve been craving freedom, this one’s for you.
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Check out Kassidy's Podcast "For Your Own Good"
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In this episode, Tony talks with Kyle Driskell from PriceLabs about optimizing dynamic pricing for short-term rentals. They cover the latest updates to the PriceLabs algorithm, common mistakes hosts make when setting their base price, and why adjusting minimum stays can be more effective than lowering rates.
Kyle shares insights on occupancy-based adjustments, leveraging weekday pricing to extend guest stays, and how to strategically set maximum prices.
Whether you're managing a single Airbnb or scaling a portfolio, this episode has actionable tips to help you maximize your revenue.
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Think your high-end Michigan vacation property sells itself? Think again.
In this episode, Tony and Jordan challenge the dangerous assumption many luxury STR owners make about prime locations guaranteeing success. The hosts reveal the invisible factors separating consistently booked properties from those sitting empty—even in the most desirable destinations.
Discover the psychology behind guest booking decisions, learn which amenity investments deliver the highest ROI, and hear real-world examples of properties that transformed from overlooked to overbooked with strategic enhancements.
Whether you're struggling with seasonal vacancies or simply want to maximize your property's earning potential, this episode delivers actionable insights for crafting a listing that commands attention and premium rates in any market.
The difference between "nice place" and "must-stay experience" is smaller than you think. Listen now and unlock your property's full potential.
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Networking isn’t just about shaking hands—it’s the fuel that drives real estate and short-term rental success. In this episode, Tony and Jordan break down the real value of attending meetups, conferences, and industry events. From unexpected business opportunities to life-changing partnerships, they share personal experiences of how these gatherings have transformed their vacation rental business.
Whether you’re looking for referral partners, new deals, or just some encouragement, this episode is packed with insights on why showing up is half the battle.
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Airbnb just had a massive earnings call, and Tony and Jordan are breaking down the biggest takeaways that could impact your vacation rental business. From skyrocketing revenue and increased market share over hotels to their removal of 400,000 listings. If you want to stay ahead in the STR game, don’t miss this episode!
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What do the top 1% of Airbnb listings have in common? In this episode, Tony and Jordan break down a data-driven approach to optimizing short-term rental descriptions and amenities. Using AI to analyze high-performing listings, they uncover the key trends that make properties stand out.
If you want to attract more bookings and maximize your rental's potential, this episode is packed with actionable insights.
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In this episode, Tony and Jordan reflect on their biggest highs and toughest lows from 2024, breaking down what worked, what didn’t, and how they’re positioning for an even bigger 2025. From hiring the right team to navigating legislative hurdles, scaling operations, and lessons learned from flipping houses, they share a raw, behind-the-scenes look at the challenges and wins that shape a thriving STR business.
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Today, we sit down with Jonathan Wicks, whose company has completed over 200,000 turnovers, to break down what top operators do differently.
We dive into the challenges of STR operations and what boutique hotels can teach us about running a successful rental business. If you want to set your property apart and simplify operations, this episode is for you.
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Landing your first short-term rental is exciting, but it’s what you do next that truly sets you up for success. In this episode, we dive into the foundational steps every new owner should take before their first guest arrives. We talk about what it takes to stay on schedule, plan effectively, and create a seamless experience for future guests. If you’re feeling overwhelmed or unsure where to start, this episode will give you clarity, focus, and actionable advice to make your property a success from day one.
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In this episode of the Michigan Short-Term Rentals Podcast, Tony and Jordan dive into the basics that often separate five-star properties from the rest.
Master the fundamentals to skyrocket your property’s performance. They also share real-life stories of how quick responsiveness and attention to detail led to rave reviews and loyal clients.
Whether you’re new to STRs or looking to fine-tune your operations, this episode is packed with actionable tips to elevate your business.
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What does it take to transition into full-time vacation rentals and replace a $100K income in just 18 months? Tony and Jordan lay out a clear roadmap to building a robust network of clients.
Whether you're just starting or looking to grow, this episode is packed with actionable insights.
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As the new year approaches, it's time to get serious about your goals. Tony and Jordan dive into the importance of clear, written objectives and how the EOS framework helps break big visions into actionable steps. They share personal and business goals for 2025, including scaling their property management company and transforming The Windmoor Lodge into an award-winning motel. Don’t miss their insights on lead measures, finding the right table to sit at, and staying accountable to your dreams.
Is your short-term rental sitting empty while others are fully booked? In this episode, Tony and Jordan share how they took two struggling downtown St. Joseph condos from no bookings in months to 21 bookings in just 45 days. Learn their 4-step formula.
If you're struggling to fill your calendar, this is the roadmap you need to follow.
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In this episode, we explore the growing demand for pet-friendly vacation rentals and what it means for property owners.
We’ll discuss the benefits of tapping into this market, the potential downsides, and the strategies you can implement to manage pets in your rental while maintaining a top-tier guest experience.
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In this episode, Tony recaps his takeaways from Coach Michael Burt's From A to B event in Nashville. Learn how clarity, action, and leveraging your strengths can drive your personal and business success.
Tony and Jordan discuss how to define your #1 skill, identify key relationships, and tackle obstacles by taking action, not waiting for perfection.
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Want to make your short-term rental stand out? Tony and Jordan share nine easy ways to create a memorable guest experience by focusing on the small details that matter most.
From providing premium toiletries to maintaining pristine landscaping, these tips will help you impress guests and keep them coming back.
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In this episode, Tony and Jordan sit down with attorney and short-term rental owner Katie Johnson to discuss the controversial Park Township case in Michigan. Katie shares the story behind the township’s short-term rental ban, the legal battle to fight it, and what this means for property owners moving forward.
Whether you’re an STR operator or considering investing in an area without clear regulations, this episode is packed with essential insights to navigate legal challenges and protect your investment.
Have STR legal questions? Contact Katie at 248-444-3017
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In this special Thanksgiving edition, Tony and Jordan share exciting updates about their latest project.
From rebranding to redesigning and relaunching, hear about their journey transforming a boutique motel in Grayling, Michigan, into a top-tier retreat.
Find out how you can win a pair of Apple AirPods just by supporting their new Instagram account!
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Running a successful short-term rental business isn’t just about bookings—it’s about keeping your operation lean and efficient. In this episode, Tony and Jordan dive into key areas where you might be losing money without realizing it. Tune in for actionable insights that could make a big difference to your bottom line.
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In this episode of the Michigan Short-Term Rentals Podcast, Tony and Jordan break down their updated tech stack for 2024. From property management software to dynamic pricing tools and noise monitoring systems, they share the must-have technology powering their vacation rental business.
Whether you're just starting or looking to refine your processes, discover the tools that save time, boost profits, and keep operations running smoothly. Plus, hear how these systems make navigating the challenges of hosting easier than ever.
Don't miss this behind-the-scenes look at the tech that helps Book N Gather thrive!
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In this episode of the Michigan Short Term Rentals Podcast, Tony Stancato and Jordan Painter dive into a timely topic for Michigan rental property owners—how to successfully navigate midterm rentals. As the fall season brings in longer stays, they cover key items on their midterm rental checklist, from income verification and property walkthroughs to essential legal documentation like lead-based paint disclosures, mold addendums, and property rules and regulations.
They also share best practices for inventory management, lease agreements, and alternative options like license agreements or shorter, sequential 28-day stays. With insights on safeguarding both landlords and tenants, Tony and Jordan provide actionable advice for anyone preparing to enter the midterm rental market.
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In this episode of the Michigan Short Term Rentals Podcast, hosts Tony Stancato and Jordan Painter dive into the essentials of purchasing your first short-term rental. They cover the critical factors every buyer needs to consider, from defining your purpose and keeping emotions in check to preparing mentally for the financial highs and lows that come with the investment.
Tony and Jordan discuss the challenges of timing your purchase in Michigan’s seasonal market, managing your budget through the initial stages, and the importance of having a concrete action plan.
From finding a knowledgeable agent to securing the right financing, this episode is a blueprint for starting strong in the STR space.
They also highlight their excitement for the upcoming Michigan STR Conference in May, where experts and newcomers alike will gain invaluable insights and make lasting connections. With tickets selling fast, don’t miss out on a chance to level up your short-term rental game!
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In this episode of the Michigan Short Term Rentals Podcast, Tony Stancato and Jordan Painter dive into a key topic for vacation rental operators: managing property damage claims while keeping that all-important 5-star guest experience intact.
They explore a listener’s question about addressing unexpected damages after a guest stay, weighing the pros and cons of filing claims through Airbnb versus third-party insurance and how to handle claims without souring the guest-host relationship.
Tony shares his strategies for balancing the costs of damage against maintaining hospitality, and the two discuss how Book N Gather’s approach minimizes friction and keeps guests coming back.
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Hosts Tony Stancato and Jordan Painter dive deep into what you can expect from the highly anticipated 2025 Michigan STR Conference. Building on the success of last year’s event, Tony and Jordan reveal an exciting speaker lineup featuring industry heavyweights like Avery Carl, who leads the top-producing EXP team with over a billion dollars in transactions, and mindset coach Jason Drees, known for helping real estate investors think bigger and achieve the impossible.
The hosts discuss key improvements for this year’s conference, including more dedicated networking time, an on-site lunch to foster connections, and an enhanced overall experience. They also address last year's feedback, explaining why the speaker schedule will remain a mystery to ensure that all sessions are well-attended and impactful.
Tony and Jordan share their excitement about adding fresh faces to the lineup while retaining top speakers like Justin Ford, the international STR safety expert who was a hit last year. Whether you’re interested in short-term rentals, boutique hotels, or maximizing your property’s value, this episode lays out why the 2025 Michigan STR Conference is a must-attend event.
Tune in to hear about the speakers, what’s new, and how this conference can help you elevate your STR game!
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In this episode, Tony and Jordan break down the accuracy of AirDNA and its role in predicting vacation rental success. They share their personal experiences using AirDNA for property projections, discuss where the platform excels, and highlight its limitations.
From analyzing competition to understanding how amenities, design, and photos can impact your revenue, this episode covers the essential factors that can make or break your investment.
Tune in to learn how to effectively use AirDNA data and maximize your short-term rental potential in Michigan.
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In this episode of the Michigan Short Term Rentals Podcast, Tony Stancato and Jordan Painter dive into the power of investing in the exterior of your short-term rental.
Whether it’s transforming a lackluster lawn or adding high-end amenities like a container pool, Jordan explains how smart outdoor upgrades can lead to massive returns. Learn how improving your outdoor spaces can significantly boost your rental revenue and add value to your property when it comes time to sell.
From enhancing curb appeal to creating stunning outdoor environments that wow guests, Tony and Jordan cover all the essentials—from fencing and fire pits to seating arrangements and the all-important hot tub. Tune in to hear how even a $130K investment in outdoor upgrades can lead to an extra $100K a year in revenue and increase the sale value of your property exponentially.
Ready to transform your outdoor spaces and elevate your STR game? Let’s get started!
In this episode of the Michigan Short Term Rentals Podcast, Tony Stancato and Jordan Painter break down five critical factors that every real estate agent must consider when working with short-term rental investors. From understanding your client's true objectives to avoiding the biggest mistakes when it comes to property setup and local regulations, this episode is packed with practical advice that can make or break an investment.
You'll hear why doing proper "enemy research" on competitors is essential—because if you're cutting corners with grandma's quilts and a shoestring budget, you'll get left in the dust. Learn how knowing your market data and planning for multiple exit strategies can safeguard you from costly missteps.
Whether you're a real estate agent or an investor, this episode will help you understand what it takes to maximize profits and protect your investments in Michigan’s competitive STR market. Ready to learn the essentials for STR success? Let’s get started!
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In this episode, Tony Stancato and Jordan Painter dive into Tony's recent experience at a boutique hotel conference, where they explore key lessons from industry leaders and the path to scaling up from short-term rentals to boutique hotels.
Tony shares seven powerful insights that span the journey of entrepreneurship, including the importance of perseverance, taking calculated risks, and not letting age define your success. From stories of multimillion-dollar raises by a 27-year-old to how challenges build mental toughness, this episode will inspire you to push past obstacles and aim higher in your real estate ventures.
Whether you're an STR owner or looking to move into boutique hotels, this episode is packed with actionable advice and real-world stories that will motivate you to think bigger and approach property investment with renewed confidence. Ready to level up your game? Let's get started!
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In this special recap episode, Tony Stancato and Jordan Painter dive into the key takeaways from seven incredible guests who have shared their expertise on everything from scaling a property management company to ensuring the safety and satisfaction of your guests.
Whether you're looking to streamline your operations, build relationships with real estate professionals, or uncover the most overlooked aspects of vacation rental success, this episode is packed with actionable insights.
You'll hear from industry leaders like Patryk Swietek, who mastered the art of scaling fast by focusing on acquisitions over individual deals, and Brooke Pfautz, whose marketing analogies will help you see the long-term value in consistent efforts. Plus, don't miss the lessons on safety from Justin Ford—because when it comes to guest experiences, safety is always first.
Tune in for these lessons and more, and discover how you can apply these strategies to take your Michigan short-term rental game to the next level.
Ready to scale smarter and profit bigger? Let’s get started!
Isaac Oswalt's Episode
Patryk Swietek's Episode
Steve Trover's Episode
The KarWell's Episode
Bill Faeth's Episode
Justin Ford's Episode
Brooke Pfautz's Episode
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Imagine a software that can:
-
Automatically respond to guests
-
Make money for you by upselling guests
-
Make recommendations for improving your property
-
Retarget past guests
And so much more!
Learn about Besty.AI with co-founder Sam Dundas.
Connect with Sam on LinkedIn
Get a free trial of Besty.AI
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Today Ryan Bakke, CPA and Tony dive deep into the STR loophole.
Ryan recently defended an STR loophole audit for a client and won!
Ryan provides insight on why his client won, what made it a smooth process, and how to prepare for one of your own.
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Listen to Ryan's Podcast Around the STR Loophole
Retaxprep.com
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Today Tony and Jordan discuss the benefits of partnerships in business and real estate.
Are you looking to expand your real estate business? Partnerships can be a great way scale and grow and it can be way more fun with the right partners.
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Back by popular demand, Justin Ford, international short term rental safety expert.
Today we discuss some of the recent safety incidents that have been popping up across the country and how we, as hosts, can prevent them.
Don't miss Justin's practical advice on protecting your guests and your assets.
Follow Justin on:
Instagram
LinkedIn
Visit Breezeway for more important safety information.
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Today Tony and Jordan discuss the importance of proximity but it's not in the way you might think.
EOS
The E Myth
Clockwork
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Today Jordan and Tony discuss buying waterfront vacation rentals. Does the income a waterfront home bring in justify the purchase price?
Before you buy your next Airbnb on the water, listen to this.
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Today, Tony and Jordan interview Isaac Oswalt, owner Spillway Lodges.
Spillway is a 36 unit property in Bellaire, Michigan.
Isaac gives us the rundown on:
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Developing this type of resort
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Operating the resort
-
Experiences
-
Building goodwill in the community
Connect with Isaac
On LinkedIn
email isaac@1983company.com
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Today Tony and Jordan discuss the critical components of doing your own due diligence for your vacation rental. Follow these 5 items to prevent headaches down the road.
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We interview Auston Cook about his journey in real estate.
Auston shares a wealth of knowledge from land development to acquiring hotels.
His portfolio of hotels:
Long Lake Lodge
Bay Inn of Petoskey
Vindel Motel
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Think amenities have to be expensive? Guess again. Here we discuss 5 amenities that have gotten us a lot of positive feedback and reviews over the years. Implement these to get your guest raving about your hospitality today.
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Today we have STR Insights founder Kenny Bedwell.
Kenny goes over the top 5 Michigan markets and hints on one of the best markets in the United States being in the mitten state.
We discuss amenities to push the shoulder season.
Kenny hits on some of his favorite areas outside of Michigan.
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Checkout STR Insights
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Today we are talking about businesses that you must be using as an Airbnb host.
These services will help you be more efficient and effective as a host as well as help keep you sane during the busiest of seasons.
Did we forget one? What service is a must use for you as a host?
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This episode is a true masterclass on scaling a property management company. A lot of it comes down to return on energy.
Patryk gives actionable steps for Michigan hosts to separate themselves from other vacation rentals in their market.
Oh, and he talks about a property that added a lazy river.
Connect with Patryk
The Cohost Company
On Instagram
The Outlaw Airbnb
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In today's episode Tony and Jordan discuss three reasons your Airbnb will not workout. It's great to be optimistic but you need to take these three truths very seriously.
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If you are looking to get started in real estate and business, this is the most important piece of the puzzle.
Listen as Jordan and Tony dissect this critical component.
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Today we have our first ever repeat guest, Hot Tub Cody.
Cody shares his experience and expertise in scaling a service based business in the vacation rental industry.
Innovo Spa started less than 5 years ago and is now servicing over 1,000 tubs in Michigan.
Tune in to hear the story.
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Are you protecting your guests and your ASSets by providing a safe place to stay? If not, here's your quick start guide.
On today's episode, Tony and Jordan interview international safety expert, Justin Ford. Justin is THE guy when it comes to STR safety.
We talk 80/20 when it comes to safety.
We talk about pools, hot tubs, decks, and grills.
Don't miss this important episode.
Follow Justin on:
Visit Breezeway for more important safety information.
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Jordan and Tony discuss their favorite asset class in the STR space.
Get the details on why they love multifamily as a vacation rental.
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Author of The Honey Bee and an investor with $350M assets under management, Gino Barbaro, joins the podcast to share his journey in real estate.
Learn how to get started with a small stream of income and turn it into a raging river from the man that has done just that.
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https://jakeandgino.com
Watch Jake & Gino on YouTube
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Federico Zimerman aka STR Guide joins the podcast to discuss all things operating and setting up vacation rentals.
Federico operates vacation rentals in 16 different states and gets rave reviews from vacation rental owners like The KarWells.
Blackbird Hospitality
Tools noted:
Turno
Jotform
Notion
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Today Jordan and Tony discuss the 2024 Michigan STR Conference.
What could have been better?
What wouldn't they change?
Pitfalls and wins.
Thank you to those that came out!
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How are you protecting your property? Are you relying on the OTA's protect your ASSets?
Today Tony and Jordan discuss how they mitigate risk for the properties they own and manage.
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michiganstrconference.com
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Today Jordan and Tony walkthrough their guest messaging sequence. Messaging for pre-stay, during the stay, and post stay.
Get a couple tips to optimize your stay.
Did we forget something? Send us a note.
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Today Jordan and Tony discuss 3 business ideas that could easily be worth millions of dollars if executed upon.
Most business ideas start with scratching your own itch and these are a major pain point for many including us.
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Airbnb recently sent out an important email that you will likely need to take some action on.
If you didn't catch it, your listing could be removed.
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Today's guest is Fred Boothby. Fred started his STR journey renting out a single room in his family home. Today he is doing massive projects, including a 60+ acre resort on the side of a mountain in north Georgia.
Fred Boothby
enjoyuniquestays.com
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Today we have a guest, Bob Ekman joining the podcast.
From a young age, Bob knew he wanted to get into the hospitality world.
Today Bob owns a massive property in Big Rapids, Michigan and Grass Lake, Alabama where he gets 50%+ direct bookings.
Bobs properties:
airbnb.com/h/grasslakelodge
airbnb.com/h/grasslakelodge
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Jordan and Tony get the opportunity to interview Matt Stillman on today's episode.
Matt owns 30+ short term rentals, a property management company, real estate brokerage, and a vacation rental design company.
See how Matt is pushing the envelope with his rentals (listen for his Marvel themed house in Michigan).
Connect with Matt:
Instagram @mybrokermatt
Website https://www.wsrhome.com/
The Nest Collective
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This episode isn't about industry-specific guides; instead, it focuses on three diverse and influential books from various fields.
We extract and discuss key insights from these books, demonstrating how their concepts can be innovatively applied to enhance your STR business.
Whether it's about improving customer service, streamlining management, or boosting profitability, these books offer a treasure trove of wisdom. Tune in to transform these universal principles into effective strategies for your STR venture.
Book
The Power of Moments
Extreme Ownership
Blue Ocean Strategy
Gold Sponsor
Mitten Mattress Co.
(616) 322-7513
mittenmattressco@gmail.com
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Everybody knows that vacation rentals are a hospitality business.
How would your business change if you started thinking about your business as a marketing business instead?
Here we discuss 5 marketing tactics for your vacation rental.
Platinum Sponsor
https://www.innovospa.com/
231-492-5824
cody@innovospa.com
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Something that you typically think of as a detriment to your listing can be a real asset. Here we dive into what it is and how to utilize this asset.
Luther Trook
- Mortgage Loan Originator
- NMLS ID# 445364
- Direct Phone: (616) 234-6508
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Tony and Jordan deep dive three properties across Michigan to see why their calendar is staying booked up.
Get some insights and tips for helping you get more bookings at your property.
Listings:
The Grain Binn
Orange Cadillac
Cozy A-Frame
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Today, Tony and Jordan talk about going all in on your guest persona.
Don't try to appeal to everybody! Know who you're targeting then upgrade your listing to appeal to them even more.
Photos, amenities, and listing description all need to be geared towards your ideal guest persona.
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Discover the often-overlooked element that could drastically elevate your vacation rental business.
No, it's not new photos or amenities.
It can be far more impactful.
Tune in to find out.....
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Master furnished finder and mid-term rentals with Katie Lyon & Kelly Bailey.
Dive deep into optimizing your Furnished Finder listings, uncovering top rental spots in Michigan, and learning how to identify lucrative markets.
This episode is a treasure trove of insider tips and strategies from two industry experts. Whether you're a seasoned landlord or new to the rental game, Katie and Kelly's insights will help you elevate your rental property's appeal and profitability.
furnishedfinder.com
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Landlord Diaries Episode 66 w/ Jesse Vasquez
Landlord Diaries Episode 61 w/ Sarah Weaver
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Earlier in 2023 Jordan and Tony made some BOLD predictions on what's going to happen in the short term rental industry, primarily in Michigan.
Did they get it right?
Did they swing and miss?
Tune in to find out.
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Discover a highly effective mid-term rental strategy that isn't being talked about. Join us as we dive into this approach, revealing how it's generating remarkable leads and consistent mid-term rental bookings.
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In this insightful episode, join us as we discuss the world of vacation rentals with industry expert Steve Trover.
We explore how to use feedback to drive constant improvement and discuss the critical strategy of beginning with the end in mind.
Steve reflects on the complexities of juggling visionary and integrator roles, emphasizes the importance of making tough decisions, like firing, and embracing 36 hours of pain.
Discover why, in this business, the best team truly wins.
Checkout bettertalent.com
Email Steve at steve@bettertalent.com
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Bill reveals his formula for managing time effectively, a crucial skill that's propelled him to success.
He also shares his strategies on how he generates a $1,000,000 net through is short term rental property investments.
This episode delivers the goods. If you are someone wanting to increase their productivity and short term rental success make sure you tune in to this episode with Bill Faeth.
See Bill at the Michigan Short Term Rentals Conference by visiting michiganstrconference.com
Build Short Term Rental Wealth FB Group
Follow Bill on Instagram
Follow Bill on TikTok
Follow Bill on Facebook
STR Wealth Conference in Nashville
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Join us as we dive into the world of vacation rental property management with Brooke Pfautz, a visionary who grew his business to over 500 properties.
In this episode we uncover Brooke's effective strategies for scaling a property management venture including innovative approaches to client acquisition through direct mail.
Learn about his new property management tool for evaluating property managers in your area, comparent.com.
This is a must-listen for property managers and vacation rental owners alike.
Check out Vintory.com if you're looking for help growing your property management inventory.
Brooke's Books:
From 0 to 500 Properties in 5 Year
Vacation Rental Secrets
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Delve into the pivotal Park Township case, examine the current status of crucial legislative bills, and explore the role of vacation rental owners in this evolving landscape.
We'll also discuss proposed taxes and precedents set in other regions, offering a comprehensive view of Michigan's dynamic rental market.
This episode is a must-listen for stakeholders aiming to stay informed and actively shape the future of vacation rentals in the state.
https://www.mirealtors.com/
Email Amy at ataylor@mirealtors.com
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In "Dream Big, Rent Bigger: Dan & Lisa Brady's Guide to Vacation Rental Success," the Brady couple delves into their unique journey in the vacation rental industry. With a keen eye for transforming spaces, Dan and Lisa share insights from converting a '70s lodge into a vibrant rental to managing large properties.
They discuss the challenges of changing housing regulations, the creative process of remodeling on a budget, and the importance of thematic design in attracting guests.
The Bradys emphasize the strategic location of their properties, including a '70s-themed lodge in Traverse City and other themed lodges nearby. They highlight their approach to long-term success, focusing on larger properties that appeal to planners and remain busy even during off-peak months.
Listen to their story of passion, innovation, and savvy business acumen in creating memorable vacation experiences.
https://www.adventurenorthvacationrentals.com/
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Join us as Arthur Colker, founder of StayFI, dives into how his technology is turning one-time stays into repeat bookings.
Discover the secrets of effective email marketing strategies to collect ALL the guests emails, getting them to to back, and reducing reliance on third-party booking platforms by driving direct bookings to maximize profitability.
Tune in to learn how StayFI started and how you can use it to propel your vacation rental business forward.
Visit https://stayfi.com/ to get started.
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In this episode, Mark & Heather Jones detail their transformative journey from property management woes to success in Northern Michigan. They share the highs and lows of reclaiming control, revitalizing their bookings, and creating exceptional guest experiences with a touch of local charm.
Tune in for an inspiring tale of grit, guest gaffes like the great tree debacle, and the art of curating fully loaded retreats that feel like home.
Check out their properties at www.sunshinenorthvacays.com
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Join us as The Karwells unveil the art of growth through letting go.
In this episode, they share how strategic release of control turned challenges into triumphs, transforming their Airbnb venture from hands-on management to a thriving mentorship program.
Discover the pivotal decisions that reshaped their entrepreneurial journey and learn how you, too, can leverage the power of letting go for success.
The Karwells Instagram
The Karwells TikTok
thekarwells.space
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Join us as we delve into Ashley Harker's unique rental playbook, where she masterfully blends short-term, mid-term, and arbitrage strategies.
Gain insights into how she's navigated the rental market, discover her secrets to scalability, and learn how she's crafted a portfolio that delivers results.
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Join us as we navigate the electrifying path Matt took from handling schematics to crafting a winning RV booking strategy. Matt's story isn't just about a career shift—it's a testament to adaptability, leveraging past skills for new ventures, and seizing opportunities.
Unearth the nuances behind his rapid ascent in the RV world.
This episode promises a blend of inspiration, practical lessons, and a journey of sheer determination.
Silverbackrvrental.com
Silverback RV Rental Facebook Page
Silverback RV Rental on Instagram
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Journey through a transformative vacation rental adventure sparked by a stay at a lavish Chicago hotel.
Discover how the opulence of city hospitality ignited a passion, how an unexpected tragedy intensified a mission, and how the audacious vision of converting a grain bin became an unforgettable rental experience.
This episode promises an emotional, inspiring, and groundbreaking exploration into the world of unique vacation stays.
A & L Design Co Facebook Page
A & L Design Co Website
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We unpack the art of utilizing the offseason to create a remarkable peak season. Every quiet moment is an opportunity, and in this episode, we zero in on how we are using our off-season.
Discover the transformative power of enhancing hospitality photos to appeal to potential guests, the impact of refining post-stay communication to foster loyalty and return visits, and the intriguing results of experimenting with fee removal.
If you're aiming to make your next peak season the most lucrative yet, this discussion is your game-changer.
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Dive deep into the world of short-term rentals with Brandon Beaudoin, a vacation rental owner with footprints in both Michigan and Tennessee.
Unpack the distinctions, advantages, and experiences of managing properties across these two vibrant states.
A special highlight? His Michigan property's staggering success with a gross of $130,000 this year!
541 Vacation Rentals Facebook Page
541 Vacation Rentals Instagram
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Delve into the dynamic world of vacation rentals as Tony shares his journey in the industry on the Alex & Annie podcast. Learn how he started, what tech stack is used, favorite places to learn about the industry, and more.
Alex & Annie Podcast
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As metropolitan areas become saturated and the competition heats up, many investors are looking beyond the hustle and bustle of primary markets.
In this episode, we delve deep into the allure of secondary markets—those lesser-known, often overlooked destinations that hold immense potential.
We'll explore the economic drivers, local attractions, and unique characteristics that make these areas prime for investment. Learn why venturing a little farther out might just be the key to unlocking your next big vacation rental opportunity.
Whether you're a newbie investor or a seasoned pro, this episode will provide fresh insights and strategies to expand your property portfolio beyond the city limits
Welcome to an eye-opening episode that takes a hard look at the less glamorous side of vacation rentals. A must-listen for anyone considering this investment or those looking to refine their existing operations.
We discuss the five key risks that every property owner should be aware of—from financial pitfalls to legal considerations and guest-related issues.
What are the hidden challenges you may not have thought of? How can you prepare for the unexpected?
Our insights will equip you with the knowledge to navigate these potential hazards and make informed decisions. Whether you're an industry veteran or a newcomer, this episode is a comprehensive guide to understanding and mitigating the risks that come with the territory.
Tune in to fortify your business strategy and safeguard your investment.
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Reviews can make or break your vacation rental business. How do you avoid the dreaded negative review, and what should you do if one appears on your listing?
In this episode, we delve deep into the art and science of Damage Control. We'll share proven techniques for preventing negative reviews. But we won't stop there; we'll also arm you with strategies to respond to unfavorable reviews in a way that not only salvages your reputation but may even convert vacation shoppers into customers.
Listen in and take your vacation rental business from vulnerable to invincible.
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Today, we're diving into the 'The Perfect Stay: 10 Essentials for an Unforgettable Vacation Rental Experience.'
Whether you're a seasoned host aiming to refine your offering or a newcomer looking to make a splash, this episode covers it all. From the vital first impression to the fond farewell at check-out, we break down the top 10 components that can make or break a guest’s stay.
Don't miss out on this comprehensive guide to creating a vacation rental experience that earns rave reviews!
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In this episode, we tackle a unique conundrum facing many short-term rental hosts in Michigan: Should you intentionally present your property as 'less than' through your photographs to ultimately 'wow' your guests upon arrival?
Many hosts find that guests often say the property looks better than the pictures. Is this an advantage or a missed opportunity? We'll examine the strategy of using less-than-perfect photos to set modest expectations, thereby setting the stage for a delightful over-delivery of the actual experience.
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Unlock powerful strategies for your vacation rentals in this episode of Michigan Short Term Rentals. Tune in as we unpack three transformative takeaways from a game-changing Short Term Rental Bootcamp.
Elevate your rental's potential and revolutionize your hosting approach with expert insights and real success stories.
Book mentioned: The Power of Moments by Chip Heath & Dan Heath
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As the year hits its midpoint, we delve into the world of vacation rentals, sharing seven invaluable lessons that have emerged from the experiences of owning and operating rentals in Michigan.
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In this episode, we delve into the critical decision of whether to self-manage your vacation rental or opt for professional property management. We present five crucial questions that will help you assess your unique journey as a vacation rental owner.
By exploring the pros and cons of self-management, we aim to empower you with valuable insights and practical tips to make the right choice for your property. Tune in to gain a clear understanding of the responsibilities, challenges, and rewards involved in self-managing your vacation rental.
Whether you're a seasoned host or just starting in the industry, this episode will provide the clarity you need to make informed and successful decisions for your rental venture.
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In this episode, we delve into 3 BIG takeaways from Ryan Pineda's WealthCon, a pinnacle event for entrepreneurs and real estate investors.
Apply these to your vacation rental business and life to take it to the next level.
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Today's podcast is a must-listen for budding investors in the vacation rental market.
We delve into practical strategies, pinpoint profitable areas, and reveal key formulas to evaluate properties in Michigan. With a budget range of $250K-$350K, we'll guide you on how to maximize your returns, avoid common pitfalls, and transform your investment dream into a lucrative reality.
Perfect for newbies ready to embark on their rental journey."
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In this episode, we unravel the three most important aspects of vacation rentals. It's not amenities, it's not design, or even proximity. It's more important than that. Make sure these are front and center for you and your vacation rental.
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In this episode of "Michigan Short Term Rentals," we delve into the world of Airbnb to evaluate a brand new listing. Join us as we embark on a thorough exploration of this rental, uncovering its strengths, weaknesses, and untapped potential.
With a critical eye and a genuine desire to provide constructive feedback, we examine every aspect of the listing, from its amenities to its overall ambiance and guest experience. We share our personal experiences, highlighting the aspects that impressed us and discussing areas where improvements could be made.
Tune in to this episode for an in-depth analysis of the listing, as we provide a balanced review that aims to assist both the hosts and prospective guests. Discover the good, identify the bad, and explore the possibilities as we evaluate a new Airbnb listing in Michigan.
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Today we discuss a new strategy, The Furnished Flip. Join us as we dive deep into the world of real estate investment and explore how you can leverage this powerful formula to maximize your profits in Michigan's booming short-term rental market.
Discover the step-by-step process of transforming a property into a stunning, fully-furnished vacation rental that commands premium rates and attracts rave reviews from guests.
Once you have a track record of success, listing your house as a turnkey vacation rental.
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In todays Michigan Short Term Rentals episode, we dive into the world of hot tubs with "Hot Tub Cody." Join us as we explore Cody's Playbook for creating unforgettable vacation experiences through safe and well-maintained spas. Discover best practices for maintaining hot tubs, ensuring guest safety, and enhancing overall guest satisfaction.
Get ready to be inspired by Hot Tub Cody's expert advice. Tune in now and elevate your guests' relaxation to a whole new level.
Connect with Cody:
Instagram:
@hottubcody
@innovo.spa
Facebook:
Innovo Spa
LinkdIn:
Cody Hendrickson
TikTok:
@innovo.spa
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Join us in this episode as we dive into the exciting world of vacation rentals and explore the unique blend of topics that shape the landscape in Michigan.
We kick off the discussion with a deep dive into our pickleball property in South Haven. Will it be a key amenity for vacationers in the area?
We discuss the battery plant project located near Southwest Michigan and its impact on the local economy, job market, and real estate.
We'll analyze the recently released Airdna mid-year market report, which offers valuable insights into the short-term rental market.
Tune in and join us for an engaging conversation around pickleball, the SW Michigan battery plant, and the invaluable insights provided by Airdna's mid-year report.
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Join us as we unpack the legal battle between Airbnb and NYC over short term rentals, explore the recent tax shake-up in California with a 15% tax on Airbnb and VRBO stays, and delve into the growing demand for pet-friendly properties.
Discover the intricacies of Airbnb's lawsuit against NYC and its implications for hosts and travelers alike. Get insights into California's proposed tax policy and how it affects vacation rental owners and guests. Plus, we take a closer look at the booming market for pet-friendly accommodations, as more travelers seek unforgettable experiences with their furry companions.
Whether you're a short term rental host, a traveler, or simply interested in the industry's latest developments, this episode is a must-listen. Tune in to gain valuable knowledge, stay informed, and navigate the dynamic landscape of short term rentals. Don't miss out on this riveting discussion on the hottest topics in the industry.
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In this episode of the Michigan Short Term Rentals podcast, we delve into the fascinating world of tax advantages for vacation rental owners. Our special guest, Tyler D. Harris, a high-level CPA with extensive experience in the field, joins us to discuss the hidden gem known as the Short-Term Rental Loophole.
Join us as we uncover the secrets that can transform your tax returns and maximize your profits. Tyler breaks down the intricacies of this loophole, sharing valuable insights and practical strategies that can significantly impact your financial success.
From uncovering deductions and credits to navigating the ever-changing tax landscape, this episode is your ultimate guide to unlocking the full potential of your vacation rental business. Whether you're a seasoned owner or just getting started, you won't want to miss this opportunity to gain a competitive edge.
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Tax Optimization Podcast
Gursey | Schneider LLP
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Welcome to the "Michigan Short Term Rentals" podcast, and our latest episode, "From Ordinary to Extraordinary: Cultivating a Winning Vacation Rental Mindset". This episode is not about interior design tips or the best local sights to recommend to your guests - it's about something more fundamental: the mindset of successful hosts.
In this journey, we'll delve deep into the resilient and adaptable mental framework that allows top hosts to handle the unexpected, ensure their guests are always taken care of, and navigate the dynamic world of vacation rentals with grace and fortitude.
Learn how to foster mental agility to overcome challenges, develop a pro-active attitude, and always prioritize their guest's comfort and satisfaction, all while maintaining a balanced and thriving business.
Whether you're an emerging host learning the ropes or an experienced operator seeking to improve, this episode will provide you with valuable insights to sharpen your mindset. So, tune in and discover the secret behind transforming from an ordinary host into an extraordinary one. This is the episode that changes the way you think about hosting. Don't miss it!
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Discover the incredible ways artificial intelligence (AI) is revolutionizing the vacation rental industry in this episode of Michigan Short Term Rentals.
From optimized pricing strategies to personalized guest experiences, AI is reshaping how we book, manage, and enjoy vacation rentals.
Join us as we explore five key ways AI is transforming the industry and uncover the future possibilities. Tune in to gain valuable insights and stay ahead in this rapidly evolving market.
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In this episode we delve into the exciting world of vacation rental investments and unveil three powerful strategies that will help you secure a better deal on your next purchase. In today's competitive market, buying a turnkey traditional 3-bedroom, 2-bathroom SFH may not always be the most lucrative option. Instead, we explore alternative ways to add value to your investment for a more advantageous deal.
Join us as we guide you through innovative approaches that go beyond the conventional methods. Discover hidden gems and properties with untapped potential that can be transformed into short term rentals. We share insights on how to identify alternative paths to property success and maximize your investment returns.
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In this episode, we sit down with Gavin Sharp, the lead engineer for 720 Scanning, to discuss how scanning technology can give your business the competitive edge.
Join your hosts, Jordan and Tony, as we dive deep into the benefits of vacation rental scanning. Gavin shares his insights on how scanning can help increase bookings, incorporate affiliate links for additional profits, and documentation for insurance claims, as well as how it can be used to showcase a property to guests.
Throughout the episode, Gavin provides practical tips and advice on how to implement scanning technology into your vacation rental business strategy.
Whether you're a seasoned vacation rental owner or just starting out, this episode will provide valuable insights into how scanning can benefit your business and help you stay ahead of the competition.
Lakeside Property Scan
720 Scanning
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In this riveting episode, hosts Jordan and Tony dive deep into the world of vacation rental drama, exploring two shocking headlines that have recently shaken the industry. First, they unravel the chilling story of a vengeful guest who took extreme measures against their unsuspecting host by leaving the water and gas running, causing large utility bills. What led to this act of revenge, and how can hosts protect themselves from similar incidents?
Next, Jordan and Tony analyze the growing threat that larger property management companies pose to Airbnb's profits. Will these behemoths expand and devour market share? Will Airbnb be able to adapt and maintain its position in the vacation rental landscape?
Don't miss this eye-opening episode that will leave you questioning everything you thought you knew about vacation rentals!
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Explore the exciting journey of a trash can startup taking the vacation rental industry by storm in this captivating episode. Hosts Tony and Jordan interview Alex Shapiro, who details the rapid growth of their waste management business, now catering to 1200 clients and 4,000 properties across 15 states. Hear about the inception of their ingenious service, how it operates, and the factors that contributed to their impressive expansion. Don't miss this opportunity to gain valuable insights into the world of startups and the vacation rental landscape!
Sign up to host on Airbnb and get $40 by using our link.
Visit CanMonkey.com and use code FREE30 for a free month.
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Are your bookings slowing down? Don't worry! In this episode, Tony and Jordan dive into reviving your listing to help give you a chance to get more bookings. They'll share their top strategies to help you bounce back from a booking slump. Packed with actionable tips this episode is a must-listen for anyone looking to enhance their booking game and take their business to the next level. Tune in and turn your bookings around today!
Get a 7-day trial of RankBreeze
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Jordan and I delve into the fascinating world of Michigan's vacation rental market. Together, we'll explore the unique characteristics and factors that make this region a prime destination for both vacationers and rental property investors.
In this engaging conversation, we'll discuss crucial aspects such as zoning regulations, the alluring charm of Michigan's pristine beaches, and the affordability of properties in the area. We'll also touch on the diverse attractions and activities that draw visitors to this beautiful state, and how these contribute to the overall appeal of the vacation rental market.
Whether you're an experienced investor looking to expand your portfolio or a newcomer seeking to enter the world of vacation rentals, this episode offers valuable insights, tips, and local knowledge to help you navigate the Michigan market with confidence.
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In this episode, we explore the convenience of a turnkey approach, where investors can bypass the hassle of property renovation and furnishing. We also discuss the financial benefits, such as immediate cash flow.
We provide tips on how to evaluate potential turnkey properties and maximize your return on investment. Whether you're a seasoned real estate investor or just starting out, this episode will provide valuable information and perspectives on the pros of buying an operational short-term rental property.
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Get ready for a heart-to-heart about our unexpected goodbye to our first rental property. Uncover the drivers that led us to this pivotal moment, from sentimental ties to practical factors. We'll divulge the details of our decision to sell, taking you on a rollercoaster ride of discovery.
This conversation is bound to strike a chord and might even inspire you to re-evaluate your own property.
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In this episode, we're sharing insider tips on what you need to watch out for when purchasing a vacation rental property. We uncover common issues that are easy to overlook, but could end up draining your profits. We dive deep into what to consider before making an investment in property. Whether you're a seasoned vacation rental owner or just starting out, this episode is essential listening for anyone looking to avoid costly mistakes and maximize their profits. Tune in and gain the knowledge you need to protect your bottom line!
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There is an Airbnb feature that is inevitable and CEO Brian Chesky has recently mentioned it.
As vacation rental owners, we understand the importance of staying ahead of the competition, maximizing bookings, and providing the best possible experience for our guests. That's why we're excited to explore this new feature with you and discuss its potential impact on the vacation rental industry.
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Welcome to the latest episode of our Michigan Short Term Rental podcast! This week, we're thrilled to welcome Michael Holcomb, a short term rental owner and property manager with a wide range of experience. Michael started his journey in the industry by renting out a yurt but quickly evolved into managing a range of properties, from cozy cabins to luxurious lake homes.
In this interview, Michael shares his insider tips on everything from property management to marketing strategies and gives us a glimpse into the exciting world of short term rentals in Michigan. He also discusses surpassing a million dollars in gross rents for his management clients this year, proving that his approach is not only successful,l but profitable.
If you're interested in the vacation rental industry or looking to break into the business, you won't want to miss this episode. Tune in to hear Michael's incredible story and gain valuable insights into the world of short term rentals.
Mentioned: The Karwells
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Welcome to the Michigan Short Term Rentals podcast. In this episode, Tony and Jordan discuss the recent headlines about Marriott's strong earnings and empty Airbnbs over Super Bowl weekend. What does this mean for short term rentals? And why are we talking about Ford and short term rentals? Tune in to find out.
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In this episode, Tony and Jordan explore the world of vacation rental amenities, and how stacking multiple amenities on top of each other can create a winning formula that drives bookings and boosts average nightly rate.
As experienced vacation rental hosts, Tony and Jordan have seen firsthand the impact that the right amenity stack can have on guest satisfaction and revenue. But what exactly is an amenity stack, and how can hosts use it to their advantage?
Join Tony and Jordan as they break down the components of a successful amenity stack.
If you're a vacation rental host looking to elevate your guest experience and increase your revenue, this episode is a must-listen. Tune in to discover the art of the amenity stack!
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Welcome to our latest podcast episode, where we take a deep dive into the thriving mid-term rental industry in Grand Rapids, Michigan. Our guests, Rachel Zylstra and Lynette Fitzpatrick, share their experiences and insights on building a business from scratch in the Grand Rapids market. Join us as we explore the secrets behind their success. From tips on property selection to optimizing guest experiences, this episode offers valuable insights for anyone interested in mid-term rentals or the Grand Rapids hospitality industry. Don't miss out on this exciting conversation with two rising stars.
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Join Jordan and Tony as they delve into the exciting and ever-changing world of vacation rentals. In this episode, they make bold predictions for the vacation rental industry in 2023 and the southwest Michigan market. From disruptive technologies to market inventory, they predict what's on the horizon and what it means for property owners and renters alike. Whether you're a seasoned vacation rental expert or just dipping your toes into the market, this episode is packed with information and banter you won't miss.
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Today, Jordan and Tony have the pleasure of sitting down with Steve VanStrien to reflect on his journey in the vacation rental industry during his first year. Steve shares his experiences, offers helpful tips and impart valuable insights to those who are just starting out in this exciting field. As a vacation rental owner with the help of a property manager, Steve offers a unique perspective on the challenges and opportunities that come with the industry. Whether you're an aspiring vacation rental owner, or just curious about the industry, this conversation with Steve VanStrien is not to be missed.
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Think vacation rentals are all rainbows and butterflies? Think again. Today, Jordan and Tony discuss the valley of despair to help you get mentally prepared for the journey.
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In this episode, Tony interviews Jason Snider and Jamie Karbel. Learn how they scaled their long-term portfolio to 140 doors, and less than a year ago, they decided to jump into short-term rentals and have already scaled to 12 plus doors.
They share some Michigan markets that weren’t even on our radar and seem to be crushing it. One short term rental launched halfway through December and made $3,000 in only half a month. That's a heck of a start.
Learn about their Michigan real estate journey.
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Here’s a link to their previous meetup
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Are you thinking about getting a vacation rental but wondering about the costs involved? Look no further than this episode. Here we will break down the expenses associated with getting a vacation rental property up and running, from purchasing a property to photography costs and everything in between.
Make sure you check out the furnishing calculator.
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Join us as we discuss a potential short term rental. We walk through the inside and outside of the property, highlighting the key features and potential red flags to consider before making an offer. We share tips and strategies for evaluating a property's potential as a short term rental and understanding the relevant regulations.
Whether you're a seasoned investor or a first-time buyer, this podcast will give you the information you need to make informed decisions when it comes to buying a property as a short term rental.
Make sure you checkout michiganshorttermrentals.com
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There are a lot of different aspects of a short term rental, but one is critical to your success.
What is it? Cleaners. Get good ones, and your job will be easy.
Bad ones....
You'll get stuck cleaning yourself or be plagued by bad reviews.
Here we share tips to help you find and win with cleaners in the vacation rental space.
Let's connect:
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Jordan and Tony discuss 4 ways to increase your offseason bookings in Michigan.
What type of winter amenities does your property offer?
What is your off-season pricing strategy?
Are you offering an appropriate price point?
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Today Jordan and Tony talk about three ways to separate yourself from the competition in vacation rentals. If you are looking to get an edge and rise above the fold, make sure you follow these three essential steps.
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Mentions:
Next Door Photos
STR Wealth Conference by Bill Faeth
Game Themed Vacation Rental
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Today, Jordan and Tony interview Paco and Christine Velasco. They earned $30,000 in their first summer renting out their primary residence on AirBNB.
Learn how to:
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Prepare your personal residence for renting to guests.
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How to recover from a 1 star review.
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Tax benefits of vacation rentals.
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The importance of setting guest expectations.
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Why they say not to rent to locals.
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Wonder what it takes to be an AirBNB superhost? Here we explain the four criteria for reaching the status.
Want to learn more, visit michiganshorttermrentals.com
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Think short term rentals are a one-person show? Think again. Here we discuss the 7 critical people to add to your network.
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Need a property manager or short term rental real estate agent? Check out bookngather.com.
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Here, Jordan and Tony each disclose their top 3 amenities. If you are looking for an edge with your short term rental, one of these might help you do just that.
Check out michiganshorttermrentals.com for more insights on the Michigan vacation rental space.
Have you heard of rental arbitrage? This is where you lease a property with the intention of listing it on AirBNB, VRBO, or direct booking. If you are looking to get into short term rentals but are lacking in capital, this can be a great option to get started. Here we discuss all things rental arbitrage. What are the pros and cons? Lets find out.
Always make sure the landlord knows your intentions and always make sure short term rentals are allowed in your area.
What was discussed?
Join the email list at michiganshorttermrentals.com to get a list of 650 zip codes with rental projections in Michigan.
Hocking Hills check out where Jordan stayed https://www.airbnb.com/rooms/718070808661962131
Learn more about arbitrage from someone who is crushing it Easton Hill on LinkedIn
You found a property that makes sense from a financial perspective as a short term rental.
What other things should you be looking at? Here we discuss the 5 the top things we are looking at when we find a property that meets our financial projections.
Hindsight is 20/20. Today, Jordan and Tony discuss the 5 things we wish we had known when getting started in short-term rentals. Whether you are new or experienced in the space, you'll pick up some insightful tips.
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Today I give a brief background on the podcast hosts, their background in short term rentals, and what you can expect from the podcast.
Visit our website michiganshorttermrentals.com for more info.