How To Build a Successful Short-Term Rental Business

Starting a short term rental business can seem daunting, especially if you don't have a lot of capital to get started.  But this week's guest on "This Jess'd In" explains how to do it, and with little money to start.

A few years ago, Mike Brockway left a stable job in finance to go out on his own. Today, he owns several rental properties, most of them in the short term space, and has even started his own property management company.  Currently, he is even making the leap into boutique hotels, and has started a Mastermind called Host Launch, which aims to help people scale their STR businesses and get into boutique hotels.

If you've ever thought about getting into short term rentals, or have a few properties and want to know how to scale them into thriving businesses, this is the episode for you.

In this episode, we cover:
➡️ The power of leverage
➡️ Why tougher legislation on STR might be a good thing
➡️ Why Denver is still a strong market for STRs
➡️ What improvements can you make to your STR property to make it more appealing or increase it’s value
➡️ STR horror stories
➡️ How to handle the neighbors
➡️ Why you need a good relationship with local police
➡️ And king-sized bunk beds… yes, they’re a thing!

If you want to follow Mike, you can find him:
/mbrockway120 
/zenhaushomes 

If you're interested in learning more about Host Launch:
https://www.host-launch.com/
Listeners of this podcast get a discount on Host Launch with promo code: JESSMIKE10