Let's talk short-term rentals. My guest Amber Greenwell Hagan recently pulled the trigger to purchase short-term rentals. Much to her surprise it was a little bit of an emotional journey. She had to show conservative numbers to hubby to even consider spending their money this way. Then, she had to put in lots of offers, get turned down, and ultimately victory. Did you know that you count on 70% occupancy of a rental property to see if you are on the right track to being able to analyze if the numbers will work in your favor? She encouraged the use of lots of different apps to help you decide if you are ready to pull the trigger, but who ever really is? "Just pull the trigger" was her repeated message. Amber gave great food for thought as far as systems and people you will want to have in place for these properties, rental trends, benefits of partners and no partners, creative options to make the rental purchase, and much more! If Amber continues on this trajectory, she will be able to retire early from her 9-5 and be present in her children's lives like she has been dreaming about. She wants to take a month off here and there and truly enjoy her family. With passive streams of income, she can. Check out the full episode to learn how you can too! To connect with Amber Greenwell Hagen: @AmberGreenwellHagen on FB or @AmberGreenwellHagen on IG Connect with me on Instagram: @sarahlbonham
Episode Produced by VirtuallyYou!
