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June 10, 2020

The Advantages of Short-Term Rentals and Airbnb, with Kyle Stanley

Episode 173:

Kyle Stanley helps people make money in real estate. He does this by hosting a podcast and youtube channel called Fearless Flipping. On these platforms, he shares his knowledge and experience of Airbnb and he interviews experts on strategies in real estate investments. Kyle has been doing Airbnb since 2015, and has been investing in real estate since January 2019.

What you’ll learn about in this episode:

  • How Kyle got involved in real estate investing and in Airbnb, and how it completely transformed his life
  • Why Airbnb is a great option for many investors, and how Airbnb can fall under three different categories
  • What a “lease arbitrage” is and how it can allow you to sublease a property without having to deal with the unexpected expense of home repairs
  • How the right systems can turn a lease arbitrage Airbnb deal into a fantastic source of passive income
  • How Kyle and his team work with landlords to give them “the least amount of headache” and be their best tenant
  • Why being strategic with your Airbnb plans can help your investment become recession-resistant
  • Why it is important to cover your bases by considering properties that would also work as long-term rentals
  • Why short-term rentals like Airbnb even work in “non-destination” cities, as long as there is a local need
  • Why you should watch out for and potentially avoid cities that have no regulations around Airbnb and short-term rentals
  • What support, partners and systems are in place to help Kyle streamline his business and save him time and money
  • Kyle dispels common misconceptions around short-term rentals and Airbnb

Resources:

Additional resources:

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