Welcome back to another episode of The Vacation Rental Revolution Podcast. Today I’m joined for the second time by my good friend and short-term rental investor Steve Cummings. This is a special episode because Steve has just recently decided to leave his day job to pursue vacation rental investing full-time.
Together we discuss:
-When do STRs start changing your life?
-What does it take to play this game full-time?
-If you stick to the process you will not leave money on the table.
-How the right approach to communication can affect your reviews.
If you like what we do here at the Vacation Rental Revolution Podcast, share an episode with a friend or give us a review on your favorite podcast platform.
As always pick one thing you can do today to build a life you don’t want to take a vacation from!
163.Episode #163 What Does It Take To Retire & Run Your Vacation Rental Full Time? Interview with Steve Cummings
00:37:40
162.Episode #162 Get Around The Right People To Meet Your Goals, Plus Options For Financing Your Vacation Home
00:18:00
161.Episode #161 Setup Your Short-Term Rental For Your Guest With Investor Graham Hardy
00:42:55
160.Episode #160 Housing Affordability, Getting the Right Tax & Legal Advice, & Second Home Loan Limits
00:22:03
159.Episode #159 My Conversation With Seasoned Investor Avery Carl From The Short Term Shop
00:41:56
158.Episode #158 Restoring a Historic Firehouse, Dangerous Property Analysis Mistakes, and How to Offer Alcohol, ATVs, E-Bikes, Boats & other Higher Risk Amenities Correctly
00:21:03
157.Episode #157 What Are Property Managers Looking For?
00:35:59
156.Episode #156 Top 5 States To Buy Cashflowing Vacation Rentals
00:19:05
155.Episode #155 Overcoming Tragedy To Finding Success And Bliss In Vacation Home Investing
00:31:01
154.Episode #154 Understanding AirBNB’s New Rules For Cameras & Noise Monitoring
00:16:07
153.Episode #153 From $0 To The #1 Revenue Property In The Market With STR Investor Harman
00:40:10
152.Episode #152 How To Obtain Financial Freedom In 5 Years Or Less
00:16:21
151.Episode #151 How To Revitalize A Struggling Property
00:22:52
150.Episode #150 My definition of a lifestyle asset and why they’re the only investments I’ll add to my portfolio.
00:18:27
149.Episode #149 Turn Your Unbooked Nights Into Free Vacation Stays With Sean Wilkinson Of Host Share
00:34:26
148.Episode #148 How To Outsmart AIRBNB With Your Own Customer Base
00:17:54
147.Episode #147 Taking An Underperforming Property To The Top Of The Market With Eric Young
00:37:38
146.Episode #146 The Power Of Owning Your Business In The Short-Term Rental Game
00:22:34
145.Episode #145 Patience And Persistence Pays Off Big For First Time STR Investor With Shelly Niemand
00:38:38
144.Episode #144 Overcoming The Top 3 Short-Term Rental Challenges In 2024
00:21:17
143.Episode #143 The Psychology Of Short-Term Rental Investing With Dr. Fadi Hussein
00:50:23
142.Episode #142 You Are Looking At Diversification The Wrong Way
00:19:19
141.Episode #141 $75,000 In Revenue In Only Two Weeks With Dan Gorman
00:58:20
140.Episode #140 Should You Go Into Debt To Build Your STR portfolio?
00:12:19
139.Episode #139 Overcoming Obstacles While Building Your Short Term Rental Portfolio With Tess Bessent
00:48:15
138.Episode #138 Why I Prefer Short-Term Rentals Over Long-Term Rentals
00:18:36
137.Episode #137 How To Buy The Right Property In The Right Market With Jaycob Payne
00:19:13
136.Episode #136 Beyond The Photos: Exploring Hospitality Shifts And Listing Mastery
00:17:14
135.Episode #135 The Importance Of Understanding Your Numbers
00:12:17
134.Episode #134- Vodyssey Ventures: Mapping the New Year, Mastering Partnerships, and Property Power Plays!
00:19:38
133.Episode #133 - Guide to $20k per Month or $250k Per Year in Passive Income
00:18:19
132.Episode 132: Resolutions on the Rocks: A Whisky Wednesday Dive into Real Estate and Investment Goals
00:16:14
131.Episode #131 - Whisky Wednesday: Festive Traditions and Property Triumphs
00:16:48
130.Episode #130 - From Rookie to Rockstar: Randy Wild's Journey to Becoming a Top Short-Term Rental Investor
00:33:22
129.Episode #129 - Whisky Wednesday: How Important Is A Welcome Basket & What Should Be Included In It?
00:20:31
128.Episode #128 -Navigating a Lawsuit: How One Short-Term Rental Investor Fought for Property Rights
00:34:18
127.Episode #127: Whisky Wednesday - Home Sweet Rental: Balancing Fun and Liability in Short Term Rental Investing
00:20:38
126.Episode 126 - Unlocking The Secrets of Specialized Financing for STR Investors w/ Nate Borghi
00:43:04
125.Episode 125 - Whisky Wednesday: Million-Dollar Milestone: Decoding Revenue Ranges in the STR Game
00:16:40
124.Episode #124 - The Secret to becoming a Successful Rental Investor with Suzie Austin
00:39:15
123.Episode 123 - Importance of coaching and building wealth through Short-Term Rentals Guest Bill Faeth
00:55:38
122.Episode 122 - Whisky Wednesday: Quit your day job and start investing in STR's?
00:18:36
121.Episode 121 - Property Management: The Achelies Heel of the STR Business with Guest Marianne Heder
00:41:12
120.Episode 120 - Whisky Wednesday: The Importance of Patience in Finding the Right Short-Term Rental
00:19:04
119.Episode #119 - Whisky Wednesday: The Biggest Mistakes When Deciding on a Short-Term Rental Strategy
00:17:20
118.Episode #118 - Whisky Wednesday: Supply vs Demand & Why a looming crash is Unlikely
00:15:16
117.Episode 117: Empowering Lifestyle Asset Investors: A Vodyssey Journey with Kevin & Kristeen Owens
00:52:39
116.Episode #116 - Whiskey Wednesday: Building Massive Wealth With Break Even Properties
00:17:19
115.Episode #115 - The Power of Direct Bookings to Maximize your Short Term Rental with Scott Marshall
00:39:30
114.Episode 114 -Whisky Wednesday Podcast: Navigating the Fall Transition, Halloween Fun, and Housing Market Insights 🍂🏠
00:26:09
113.Episode #113 - Unlocking the Power of Vacation Rental Marketing with Content Creators feat. Jordan Kahana
00:29:38
112.Ep. 112- Vodyssey Live 2023 Highlights, Financial Freedom, and More
00:21:35
111.Episode 111 -The power of perseverance, adaptability, and seizing opportunities within the STR Game, with Syed Lateef
00:51:01
110.Ep. 110- Homeschooling Insights, Top Amenities, and Secrets to Short Term Rental Success | Whisky Wednesday Podcast
00:26:00
109.Episode 109 -Whisky Wednesday Podcast: Adventures in Alaska and the NYC Short Term Rental Challenge
00:24:24
108.Episode 108- Athlete to Business Winner: Shawn's Basketball Adventures & Quality Assets in Short Term Rentals | Whisky Wednesday Podcast
00:30:11
107.Ep. 107- Whiskey Wednesday: Balancing Success, Management, and Pets in Short Term Rentals
00:28:34
106.Episode 106 - Scaling Your Portfolio with Veteran STR Investor Tim Hubbard
00:39:00
105.Episode 105 - Whiskey Wednesday: Why You Shouldn't Wait to Buy Property
00:18:03
104.Episode 104 - Interview With Successful Vacation Rental Owners Sean & Dee Crowley
00:37:31
103.Episode 103 - Whiskey Wednesday
00:30:27
102.Episode 102 - How Smart Home Technology Is Revolutionizing The Vacation Rental Industry, with Nate Wysk
00:41:29
101.Episode 101 - Unleashing the Power of AI: Transforming Guest Communication in the STR Industry with Jeremy Gall
00:43:21
100.Episode 100 - The Ups & Downs Of My Journey Into Vacation Home Investing
00:28:01
99.Episode 99 - Ten Percent Down Financing Is Still Available For Your Next Vacation Rental, with Jeff Chisum
00:32:57
98.Episode 98 - Fund Your Next Vacation Home With Subject To & Creative Financing with William Tingle
00:31:39
97.Episode 97 - Building A Family Legacy with Darin & Nena Green
00:38:04
96.Episode 96 - How Uncle Sam Can Fund Your Next STR Down Payment - Interview with CPA Mike Pine, Part 2
01:00:44
95.Episode 95 - Unleashing Your Vacation Rental's Potential: The Power of Partnering with a Professional Property Manager, Interview With Portoro CEO, Dustin Abney
00:46:37
94.Episode 94 - Maintaining Old Friendships & Old Properties
00:31:03
93.Episode 93 - Riding the Wave of Change: US Short-Term Rental Trends and Consumer Patterns in Q1 of 2023
00:22:42
92.Episode 92 - Navigating the Midterm Rental Landscape Insights and Trends for Investors and Hosts with Brian Payne from Furnished Finder
00:36:43
91.Episode 91 - The Overwhelming Task Of Remodeling A Remote STR with John & Lauri Hinshaw
00:44:20
90.Episode 90 - Saying YES To Your Dreams with Dan & Amy Hanson
00:42:27
89.Episode 89 - The Ultimate Showdown, Experience vs Knowledge
00:14:50
88.Episode 88 - Getting Your Unfair Share Of Business In A Crowded Market with Nate Morris
00:48:00
87.Episode 87 - Building A Portfolio Splitting Time Living In Both Mexico & The US with Andres Perez
00:44:06
86.Episode 86 - How AI Can Be Used To Maximize Your STR Business with Bart Sobies
00:39:30
85.Episode 85 - Lessons Learned In First Full Year Of Vacation Rental Ownership with Brian Emch
00:39:33
84.Episode 84 - Starting A Portfolio Close To Home w/ Elise Rosato
00:49:06
83.Episode 83 - From Total Loss To Financial Freedom with Benjamin Kimball
00:54:58
82.Episode 82 - 3 Reasons You SHOULD NOT Invest In Vacation Rentals
00:23:20
81.Episode 81 - The Vacation Rental Industry Has Cause To Stay Optimistic Despite Economic Challenges
00:17:16
80.Episode 80 - What Are You Doing To Prepare For New Opportunities In 2023?
00:29:08
79.Episode 79 - Are You A 'Wait & See' Type Of Person?
00:14:47
78.Episode 78 - 3 Things Keeping You Poor Going Into A Separation Season
00:27:24
77.Episode 77 - Bringing 5 Star Concierge Service To Your Short Term Rental with Kim Lalande
00:30:00
76.Episode 76 - Inspiring Women RE Investors with Leslie Anne Morris
00:34:29
75.Episode 75 - Analyzing Income Potential On A Short Term Rental
00:14:35
74.Episode 74 - Interview w/ Brian Page, Author of Don't Start A Side Hustle
00:42:17
73.Episode 73 - Interview with Avantstay's CEO Sean Breuner
00:48:15
72.Episode 72 - Tuesday Tip, What's The Difference Between A Property Manager & A Co-Host
00:08:52
71.Episode 71 - How To Get Your UNFAIR Share Of Bookings
00:22:58
70.Episode 70 - What You Won't Hear On The News About The Current Housing Market
00:47:13
69.Episode 69 - Interview With 1031 Exchange Expert, Lu Ann Blough
00:45:25
68.Episode 68 - Tuesday Tip - What is causing houses prices to continue to increase despite rising interest rates and curbed demand?
00:12:57
67.Episode 67 - Are You Willing To Fight For Your Dreams?
00:25:40
66.Episode 66 - Tuesday Tip, One Question The Pros NEVER Ask
00:10:08
65.Episode 65 - Must Have Skill Set To Navigate The Upcoming Recession with Rod Khleif
00:42:02
64.Episode 64 - Top 3 Things You Can Do To Stand Out In A Shifting Market
00:34:00
63.Episode 63 - Is the Golden Age of Short-Term Rentals Over?
00:17:40
62.Episode 62 - Ask Me Anything Q&A
01:20:47
61.Episode 61: The Tax Cure with Dr. Thomas Black
00:49:36
60.Episode 60 - Building A Successful Portfolio In Smaller, Less Known Markets - Interview w/ Christian Schofield
00:56:29
59.Episode 59 - Persistence & Determination Got Them Their First Ski Vacation Home, Interview w/ STR Investor Chris Ronshagen
00:58:00
58.Episode 58 - Is Now The Time To Hit The Pause Button Before Jumping In To The STR Game?
00:51:29
57.Episode 57 - There Are No Easy Buttons, You Are Solely Responsible For Your Success or Failure In STR Investing
00:27:57
Episode 56 - Interview w/ Newbie STR Investors, Steve & Linda Cummings, On Their Journey Into Their First Property
00:48:48
55.Episode 55 - From 0 to 3 Vacation Rentals in 10 months. Interview with STR Investor, Freddy Falck
00:50:51
54.Episode 54 - Interview With Successful Vacation Home Investor, Trago Wallace
01:05:39
53.Episode 53 - The Easiest Way To Put More Money Into Your Pocket With Your Vacation Rental
00:33:09
52.Episode 52 - Using Asset Based Loans To Build Your STR Portfolio
00:57:10
51.Episode 51 - The Long Game Of Vacation Home Investing
00:36:25
50.Episode 50 - What To Expect In 2022 For Vacation Rental Investing
00:16:25
49.Episode 49 - Getting Your Offers Accepted In Today's White Hot Real Estate Markets.
00:53:45
48.Episode 48 - Interview with Eli Grelecki. Eli Shares Their First Year's Experience In Vacation Rental Ownership
00:57:10
47.Episode 47 - The #1 Thing You Can Do To Increase Your STR Revenue Today
01:02:16
46.Episode 46 - It's Separation Season
00:17:22
45.Episode 45 - Top 3 Financing Options For Purchasing Your Vacation Rental [Interview with Jeff Chisum]
00:59:24
44.Episode 44 - How Uncle Sam Will Pay Your Down Payment On Your Next Vacation Rental [Interview with tax expert Mike Pine]
00:33:50
43.Episode 43 - [Quick Rant...Sorry] Stop Selling Yourself Short
00:19:24
42.Episode 42 - Interview With Successful Vacation Rental Owners, Jacob & Vanessa
00:47:53
41.Episode 41 - The Biggest Mistake Newbie Investors Make, Investing Without An Emergency Fund
00:19:11
Episode 40 - The Biggest Roadblock To Building A Real Estate Empire
00:12:59
39.Episode 39 - The Secret Curse Of Success
00:23:30
38.Episode 38 - Part 3 of 3, Unpacking The Marketing Phase of Vacation Rental Ownership
00:17:51
37.Episode 37 - Part 2 of 3, Unpacking The Management Phase of Vacation Rental Ownership
00:17:40
36.Episode 36 - Part 1 of 3, Unpacking The Acquisition Phase of Vacation Rental Ownership
00:18:37
35.Episode 35 - Maximize Your Lifestyle Asset With Paid Advertising
00:26:42
34.Episode 34 - Pricing Your Property For Maximum Profitability
00:25:43
33.Episode 33 - How To Beat Other Buyer To The Best Deals In Any Market
00:29:15
32.Episode 32 - AirBnb CEO, Brian Chesky, stated that his company will need millions more hosts to meet surging demand.
00:32:49
31.Episode 31 - The Market Is So Hot Right Now, Should We Wait For It To Cool Down?
00:24:49
30.Episode 30 - Why I Do What I Do Everyday
00:25:40
29. Episode 29 - Financing Your Vacation Rental Portfolio with 10% Down
00:50:21
28.Episode 28 - Why I Believe Now Is The Best Time To Buy Vacation Rentals?
00:26:57
27.Episode 27 - Should I Be Purchasing Property In This Crazy Market?
00:37:37
26.Episode 26 - The #1 Reason People Fail With Vacation Rentals
00:10:11
25.Episode 25 - 7 Things Poor People Do That Rich People Do Not
00:22:57
24.Episode 24 - Interview with James & Emily Bauslaugh