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What is YOUR earning potential with short-term rentals?
- How much capital do you have available to invest in a short term rental this calendar year? (This total is what you'll have available for down payments, furnishing, startup costs, and paying the mortgage for a month or two before your property is live)
- Where do you currently live?
- Where are you most interested in potentially investing?
If I only knew the answers to these 3 questions, I could give you a very good idea of what you might be able to create in terms of returns.
Ironically, most people looking into short term rentals really struggle to answer these questions, especially #3.
The reason they struggle is because of a lack of clarity - it can be difficult to answer "where do you want to invest" when you're not crystal clear on two things:
- The possibility/opportunity - how this asset class works, what returns are available, and what the variables are that govern what kind of returns you can get
- What is most important to you - many people will tell us in the same breath "I don't care where it is, I just want the highest return" and "I dream of owning a lakefront cabin on this specific lake 3 hrs from our house". To get serious about finding the right investment property, you need to be able to clarify your goals for the long-term.
If you want to learn more about #1 - I offer many resources to help you really understand the opportunity. I publish my podcast every week, regularly write and update our member success stories (with numbers and details), and have created a specific training demonstrating each key aspect of this asset class here.
If you want help with #2, my team and I have a laser-focused process to help you get momentum and clarity so you can find the kind of opportunities that'll match your long-term goals.
You can book a call with us for help on either one right here.
Your specific earning potential with short term rentals might be more or less than you think - the only way to know is to close these information gaps for yourself and get the information you need to move forward.
At Vodyssey, we understand that short-term rentals can be overwhelming for beginners. That's why we offer a range of resources, including a podcast, member success stories, and training, to help you understand the opportunity and make informed decisions. Our team can also provide guidance and clarity on your investment goals, helping you find the right investment property to match your long-term objectives.
Book a call with us today to learn more about your earning potential with short-term rentals and take the first step towards a profitable investment portfolio.
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920 S Chambers Street #11, South Ogden, UT 84403
DISCLAIMER: The contents of this site are for educational and informational purposes only, and are not to be construed as legal, tax, or financial advice. Any financial results referenced herein should not be considered typical; success depends on a multitude of factors. Use caution and always consult licensed professionals for any tax, legal, or investment advice. All results achieved by our members are their results alone, achieved by their own individual effort and made easier by our help. Investing in education, training, and coaching is an excellent investment for individuals who are willing to implement it and persist until they achieve the results they desire; it is not intended as a substitute for individual effort, decision-making, and due diligence.