Jul 09 2022 32 mins 42
Jason Hartman is joined today by luxury short term rental specialist and rising star Dr. Rachel Gainsbrugh. Rachel is an expert in luxury short term rental properties and creates memorable experiences for her guests in unique locations and self-manages her rentals by utilizing a team, tech, and systems she has implemented over the last 2 years.
Enjoy this interview with Rachel as she identifies new avatars in the market and profiles the ROI on her rental properties!
1:04 Welcome Dr. Rachel Gainsbrugh, specialist in luxury short term rental investing
1:45 Rental arbitrage model
3:36 Self managing your properties remotely
6:31 Where are Rachel’s properties?
8:54 Rachel’s second luxury rental
9:58 Dynamic pricing tool
11:46 Long term rental vs short term rental
13:26 A new guest avatar in the market
15:33 Serve a larger family unit that can split that nightly rate
17:30 Net profit from Rachel’s Poconos properties
18:41 HOAs - rule of thumb
21:08 Revenue numbers and Rachel’s TV deal
23:02 New build on Rosemary Beach
23:40 What are the hottest short term rental markets in the country?
26:12 Luxury STR allow you to create a brand for yourself
28:04 Challenges in the STR business
29:56 Where should I invest? Check out Rachel’s free list at https://www.shorttermgems.com/75gems
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