KarWell Chronicles
The KarWells are Short Term Rental investors, hosts, & designers who started expanding their Airbnb portfolio in early 2020! Throughout this journey they have learned many lessons, good and bad, and want to share that experience. Come along as they dive into all things Airbnb, passive income, investing, and being in business with your best friend!
KarWell Chronicles
Renovations, Regulations, and Revenue: The Realities of Rental Property Management
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Welcome back to another episode of the Karwell Chronicles! In this episode, we dive deep into the rollercoaster journey of real estate investing, navigating city regulations, and the emotional ups and downs of property ownership. Join us as we share the highs and lows of our experiences, from unexpected renovations to the challenges of local government interactions. Whether you're a seasoned investor or just starting out, there's something here for everyone!
In this episode, we discuss:
The challenges of dealing with city regulations and the importance of understanding local laws.
The financial journey of our property, including the costs, profits, and lessons learned along the way.
The emotional impact of selling a beloved property and the excitement of new opportunities on the horizon.
Tips for navigating contractor relationships and ensuring your projects stay on track.
Insights into the upcoming retreat and the transformative experiences we hope to create.
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Timestamps:
00:00 - Introduction and overview of the episode
00:47 - Challenges with city regulations and property modifications
01:01 - Updates on the property saga and good news
01:08 - The emotional journey of selling a property
02:25 - Navigating contractor relationships and project timelines
05:36 - The importance of proper insurance in property management
06:36 - Insights into the upcoming retreat and community engagement
Join us for an engaging discussion filled with valuable insights and personal stories that will inspire you on your own journey!
Hosted by Emily Karnaz & Sarah Glidewell // The KarWells
You can view the video & audio version on our Youtube Channel
Thanks for listening!