Ep 58: You Asked! "How to Make Sure My Airbnb is Paying for Itself?"

Uplevel: Make Money with Airbnb, Short-Term Rentals, Real Estate Investing, Passive Income Strategies

#Entrepreneur #Business #Marketing #Ginny Townsend #Timefreedom #Ginny Townsend - 6-Figure Airbnb Host #Short-Term Rental Strategist #Financialfreedomstrategy #Howtomakemoneywithairbnb #Passiveincomestrategies #Shorttermrental

1:12:26

On today's episode, co-hosts Yasmin Gagne and Josh Christensen discuss the latest news in the world of business and innovation, including Apple’s newest product announcements at WWDC, Warner Bros. Discovery’s split back into two companies, and the U.S. and China meeting in London to discuss trade talks. Next, since its inception in 2008, NPR's Tiny Desk Concerts have become a staple on YouTube with over 11 million subscribers. Josh and Yaz speak with Fast Company associate editor David Salazar about the lasting influence, favorite acts, and future programming of Tiny Desk Concerts. Finally, Yaz and Josh interview Sweetgreen CEO Jonathan Neman about the company's new menu items, advancements in culinary technology like Infinite Kitchens, and the removal of seed oils from their food preparation process. For more of the latest business and innovation news, go to https://www.fastcompany.com/news To read David Salazar’s piece on NPR’s Tiny Desk concerts: https://www.fastcompany.com/91337277/npr-tiny-desk-concert-artist-impact…

4 роки тому 14:52

MP3•Головна епізоду

I received a great question the other day from someone who is considering an Airbnb property as their next step in developing an income portfolio.

"How to Make Sure Your Airbnb is Paying for Itself?"

Great question, right?

In today's episode, I answer this question by breaking things down into two main categories...

1. What you can do to set yourself up for success before you actually bring your Airbnb or VRBO property online, and

2. Once you're live, how can you make sure your place is profitable.

Here's the great news... it's actually pretty simple once you know what to focus on.

Do you have a question you'd like me to answer on a future episode? DM me on Instagram @itsginnytownsend or email me directly at hello@ginnytownsend.com

I look forward to hearing from you!

And if you’re curious about how much you could potentially earn with an Airbnb in your area, I can send you a free and pretty powerful tool to help you estimate…

Visit GinnyTownsend.com/estimate to claim access to this powerful free tool!

Thanks for joining me, and until next time, continue to be up and to the right.

93 епізодів

Ep 58: You Asked! "How to Make Sure My Airbnb is Paying for Itself?"

Uplevel: Make Money with Airbnb, Short-Term Rentals, Real Estate Investing, Passive Income Strategies

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published 4 роки тому

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MP3•Головна епізоду

I received a great question the other day from someone who is considering an Airbnb property as their next step in developing an income portfolio.

"How to Make Sure Your Airbnb is Paying for Itself?"

Great question, right?

In today's episode, I answer this question by breaking things down into two main categories...

1. What you can do to set yourself up for success before you actually bring your Airbnb or VRBO property online, and

2. Once you're live, how can you make sure your place is profitable.

Here's the great news... it's actually pretty simple once you know what to focus on.

Do you have a question you'd like me to answer on a future episode? DM me on Instagram @itsginnytownsend or email me directly at hello@ginnytownsend.com

I look forward to hearing from you!

And if you’re curious about how much you could potentially earn with an Airbnb in your area, I can send you a free and pretty powerful tool to help you estimate…

Visit GinnyTownsend.com/estimate to claim access to this powerful free tool!

Thanks for joining me, and until next time, continue to be up and to the right.

93 епізодів

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Uplevel: Make Money with Airbnb, Short-Term Rentals, Real Estate Investing, Passive Income Strategies

1
Ep 92: Roadblocks to Financial Independence Part 1... When It Feels Like Life Keeps Getting In The Way, Is FI Still Worth The Fight? 9:42

4 years тому9:42

9:42

You know you're clear on the goal of attaining financial independence but sometimes when the rubber meets the road it can feel like life is just getting in the way of your goals! What then? Is it still worth the effort? In today's episode, I share with you a couple of my own experiences and want you to remember that I get it. If FI was easy, everyone would be, right? Spoiler alert: I absolutely think financial independence (and really what this provides) is worth the fight. Be encouraged and keep taking action! Want to gain access to a Roadmap for 6-Figure STRS? Want to know how I find, furnish, and fill profitable short-term rentals? Visit ginnytownsend.com/rental to discover exactly how you can make this dream of financial independence a reality for your family (and probably sooner than you think!). Thanks for joining me today and until next time, continue to be up and to the right.…

Uplevel: Make Money with Airbnb, Short-Term Rentals, Real Estate Investing, Passive Income Strategies

1
Ep 91: What?! How to Avoid Paying Capital Gains Taxes When You Sell Your Airbnb or Business! A Powerful Interview with Brett Swarts 33:47

4 years тому33:47

33:47

You read that title right... I'm so excited to share this powerful conversation with Capital Gains Expert, Brett Swarts. While I spend a lot of time talking about how to get INTO a short-term rental property, it's incredibly valuable to think about how to realize the biggest gain possible when you do choose to sell it. You'll want to bookmark this episode because it'sa game changer. As you'll notice, I keep trying to find "the catch" for this powerful tax-saving method throughout the show but as it turns out, this is just a very underutilized, totally legal strategy. Want to hear more from Brett Swarts? Find him here: CapitalGainsTaxSolutions.com Capital Gains Tax Solutions Podcast Capital Gains Tax Solutions YouTube Channel Brett Swart's LinkedIn Profile ExpertTaxSecrets.com…

Uplevel: Make Money with Airbnb, Short-Term Rentals, Real Estate Investing, Passive Income Strategies

1
Ep 90: How to Move Toward Financial Independence Even In a Busy Season... How to Actually Get The Important Things DONE 11:19

4 years тому11:19

11:19

Are you determined to achieve financial independence for yourself and your family but are in a very busy season right now? ESPECIALLY in busy seasons, this important goal can seem further away than it typically does. So, how do we gain ground? How do we make progress on this very important goal while we have all of the other demands at the same time? That's what today's episode is all about: Making progress on the IMPORTANT and NOT just the URGENT. RESOURCES REFERENCED IN TODAY'S EPISODE: Tyranny of the Urgent (Audible) Getting Things Done (GTD) My Freedom Roadmap The 6-Figure Vacation Rental Roadmap…

Uplevel: Make Money with Airbnb, Short-Term Rentals, Real Estate Investing, Passive Income Strategies

1
Ep 89: Are You Still Trying to Decide WHERE To Have an Airbnb Rental? Two Simple Strategies to Help You Narrow Down Or Confirm Your Short-Term Rental Location 15:35

4 years тому15:35

15:35

If you're excited about getting your first Airbnb online but don't exactly WHERE it should be, this episode was made for you! Today, I share two simple (yet powerful) strategies to help you narrow down - or simply confirm - where to invest in an Airbnb. LINKS REFERENCED IN TODAY'S EPISODE: AirDNA's Airbnb Calculator AirDNA's March 2021 Report The 6-Figure Vacation Rental Roadmap: How to Find, Furnish, and Fill a Profitable Short-Term Renta l…

Uplevel: Make Money with Airbnb, Short-Term Rentals, Real Estate Investing, Passive Income Strategies

1
Ep 88: These 3 Barriers to Entry Into the Airbnb Economy Have NEVER Been Lower... Is THIS Your Year to Build a Booming Short-Term Rental Business? 16:30

4 years тому16:30

16:30

If you're considering a short-term rental as your next move to financial independence, you could NOT have picked a better time to do so! In today's episode, I unpack 3 barriers to entry that have held people up in the past and why I think they are lower now than ever before. Take a listen and if this is your year... If you're willing to be slightly more active than a sloth ;) then The 6-Figure Vacation Rental: How to Find, Furnish, and Fill a Profitable Short-Term Rental was made just for you. Check it out at ginnytownsend.com/rental RESOURCE MENTIONED IN TODAY'S EPISODE: AirDNA's March 2021 Report Thanks again for joining me! And until next time, continue to be up and to the right.…

Uplevel: Make Money with Airbnb, Short-Term Rentals, Real Estate Investing, Passive Income Strategies

1
Ep 87: A Strategic Look at Valuing Your Short-Term Rental Business... What Could Your Airbnb Property Really Be Worth? An Interview with Charles Sunnucks 24:18

4 years тому24:18

24:18

Are you looking for a long-term revenue stream that could also give you a way to maximize your returns when you sell it one day? This is yet another reason why I love the STR market and why I think you'll love today's episode. Today, I interview Charles Sunnucks, a professional investor and former fund manager who has a knack for simplifying the complicated world of company (or in this case) property valuation. Some of my favorite takeaways of our conversation are: 1. Look at the exit strategy from the get-go. 2. How exactly you could sell your short-term rental for MUCH more than it would be worth retail simply by using this one valuation technique. 3. If you're looking to invest abroad, he shares the 3 things you MUST know before you even look at one property. Want to learn more about Charles Sunnucks and his new book, The Company Valuation Playbook? Check out companyvaluationplaybook.com for all of this and more! Thanks again for joining me today. And until next time, continue to be up and to the right!…

Uplevel: Make Money with Airbnb, Short-Term Rentals, Real Estate Investing, Passive Income Strategies

1
Ep 86: The Secret to Achieving Financial Independence (Bold Statement, I Know)... The Power of the Ripple Effect 14:29

4 years тому14:29

14:29

The question I ask in today's episode could change your financial future... I know that's a BOLD statement but I believe it to be a true one. When we focus our actions down to those that have a ripple effect, that is an effect that reaches much further than the effort we put in, this is when we see a REAL transformation to our financial (and any other) situation. Are you looking to achieve financial independence? Do you want to spend more time with the people you love doing the things you love? Are you looking to live a powerful legacy (both financial and otherwise) for your children? It's all about the ripple effect actions... And that's what we're talking about in today's episode. So, after you listen, I encourage you to think about this question... What are you doing today that's bringing a lasting ripple effect in your life? It's not always about the "big rock" moments... It's often times about the small pebbles you keep tossing out that really lead to some amazing ripples. Looking to make a ripple effect and move toward financial independence today? If short-term rentals are right for you, I've got you covered. In The 6-Figure Vacation Rental Roadmap: How to Find, Furnish, and Fill a Profitable Short-Term Rental, I break it all down for you, step by step. You're not alone in this. And you're probably much closer to financial independence than you think. Ready? Let's do this. Visit ginnytownsend.com/rental to get started today! Thanks for joining me. And until next time, continue to be up and to the right.…

Uplevel: Make Money with Airbnb, Short-Term Rentals, Real Estate Investing, Passive Income Strategies

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Ep 85: My Top 3 Never-Fail Tricks to Instantly Boost My Energy and Focus... In Other Words, How I Make the Most of Every Day 15:22

4 years тому15:22

15:22

While this topic may sound like a slight departure from my typical episodes that are geared toward helping you launch a profitable short-term rental and live the passive income dream, I think this episode is a very important complement. If you always feel exhausted, how can you actually do the upfront work needed to have a lucrative Airbnb property (Or two, or three...)? If we don't have energy, we don't have much... So along those lines, I want to share with you my top 3 never-fail tricks to instantly increasing my energy and focus (without drugs or anything like that!). I hope you find these simple yet POWERFUL tricks helpful but better yet, I hope you try them out and see how effective they can be. Now, are you ready to get this Airbnb thing going?! Are you sick of putting this dream off to another week, another weekend, another month, another season... blah, blah, blah? The solution is actually much simpler than you think. AND, I've created a roadmap just for YOU to banish the guesswork and get your profitable short-term rental online! Want to learn more? Discover all the details at ginnytownsend.com/rental Thanks again for joining me and until next time, continue to be up and to the right!…

Uplevel: Make Money with Airbnb, Short-Term Rentals, Real Estate Investing, Passive Income Strategies

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Ep 84: Can I Buy a Short-Term Rental with No Money Down? A Choose Your Own Adventure Perspective on the Right Funding Method For You 17:26

4 years тому17:26

17:26

Are you considering the addition of a short-term rental to your income portfolio but aren't quite sure what your funding options are? Do you have to have a down payment to secure your property? Or, if so, how much? These are the questions I address in today's episode and I present the options in a choose-your-own-adventure style... You can select the option that works best for you, your situation, and your goals! So, now that you know it's possible, I want you to know there is a roadmap to walk you through... step by step... the entire process of bringing a profitable short-term rental to market. The in's and out's. The things I wish I'd known when I first started out. I don't hold anything back in The 6-Figure Vacation Rental Roadmap: How to Find, Furnish, and Fill a Profitable Short-Term Rental. Want to learn more? Check out ginnytownsend.com/rental Or, did gaining access to a one-on-one mentor (me) resonate with you? Would you like someone to talk with you and help you troubleshoot each step of the way? If you want to learn more and see if this is a good fit, book a call. Let's talk: talkwithginny.com Thanks again for joining me today! And until next time, continue to be up and to the right.…

Uplevel: Make Money with Airbnb, Short-Term Rentals, Real Estate Investing, Passive Income Strategies

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Ep 83: How this 29-Year-Old QUINTUPLED Her Airbnb Business During COVID. An Interview with Tia Bailey 33:22

4 years тому33:22

33:22

Are you wondering about what's possible in the "Airbnb Economy" during a worldwide pandemic? In today's episode, I interview Tia Bailey, who is sometimes referred to as "The Airbnb Whisperer." She started co-hosting Airbnb properties while she was still in college, but how she's developed a powerhouse of a business and is now in multi-state projects, AND she's redefining what it looks like to be a successful Airbnb host. The link referenced in this episode: natiivomiami.com Discover more about Tia Bailey here: tiabailey.com info@tiabailey.com loftiespacesandevents.com…

Uplevel: Make Money with Airbnb, Short-Term Rentals, Real Estate Investing, Passive Income Strategies

1
Ep 82: How Can You Best Position Yourself and Your Short-Term Rental Business for the Upcoming High-Growth Season 14:08

4 years тому14:08

14:08

There is already momentum building for the post-COVID economic recovery. And in today's episode, I share how I'm thinking about positioning myself and my business to take advantage of the growth that is to come. And what made me think about all of this was a family afternoon outside working on the property with Claire and Drew. Join me in this up-close-and-personal chat about preparing for the high-growth season. And if you're excited about positioning yourself to make the most of this recovery... And if you've decided that short-term rentals make the most sense for you as your next step, you DON'T have to go it alone. If you're looking for a mentor, if you're looking for a roadmap... you've found both right here! Want to learn more? Hop over to ginnytownsend.com/rental to take ACTION! Your future self will thank you. Thanks again for joining me today and until next time, continue to be up and to the right.…

Uplevel: Make Money with Airbnb, Short-Term Rentals, Real Estate Investing, Passive Income Strategies

1
Ep 81: True Passive Income Strategies... My Answer for How to Outsource the Lower Value Tasks So I Can Focus on the Ones That Move the Needle 17:27

4 years тому17:27

17:27

Tell me if this sounds like you... your venture is growing... But you feel like you've reached an inflection point and you're becoming the bottleneck in your own business! This moment happened to me this past week when my daughter got sick (she's all better now!) and everything I was working on screeched to a halt. All I could think was "ENOUGH! This HAS to change!" So, here's my exact three-step process I'm using to free up my time and only focus on the tasks that really move the needle. Speaking of passive income strategies, did you know that short-term rentals can be extremely passive? If you've been listening for a while and have decided that today is the DAY to take action and move toward financial independence with short-term rentals, I've got your back. The 6-Figure Vacation Rental Roadmap was created with you in mind... to walk you through the process, step by step, of bringing a PROFITABLE short-term rental online. If this sounds like a breath of fresh air, visit ginnytownsend.com/rental , and let's get this thing going today. Thanks again for joining me. And until next time, continue to be up and to the right.…

Uplevel: Make Money with Airbnb, Short-Term Rentals, Real Estate Investing, Passive Income Strategies

1
Ep 80: How to Approach Maximizing Your Rental Revenue Like a Business, AKA The Long Term Rental to Short Term Rental Challenge! 10:20

4 years тому10:20

10:20

Do you already have an investment property? Is it (most likely) a long-term rental? Are you frustrated that your LTR isn't generating as much cash flow as you'd like? Does it feel like it'll take you FOREVER at this rate to become financially free? If so, this episode was created just for you! We're simply approaching this issue as a business owner would... we're questioning the return on assets (Or ROA) this existing rental is providing. Want to grab the free resource I mentioned in today's episode... The LTR to STR Challenge, visit ginnytownsend.com/ltr And once you've discovered the AMAZING potential short-term rentals allow... you're probably wondering, "What's next?" If that's the case, I've got you covered, friend! I created The 6-Figure Vacation Rental Roadmap: How to Find, Furnish, and Fill a Profitable Short-Term Rental just for YOU! To learn more and claim your copy today, visit ginnytownsend.com/rental Thanks again for joining me today. And until next time, continue to be up and to the right!…

Uplevel: Make Money with Airbnb, Short-Term Rentals, Real Estate Investing, Passive Income Strategies

1
Ep 79: My Super Secret, Super Powerful Strategy for Getting More Done in Less Time... A Productivity Hack for Creating Passive Income 11:40

4 years тому11:40

11:40

Are you looking for a way to accomplish more things in your business than your industry peers? Do you KNOW that between you and your financial independence are a couple of projects that you can't quite seem to finish? Then, this episode was created just for you! In it, I share the exact strategy I use right now to get the important things DONE... the things that will move the needle in my business! Looking for that free PDF? Grab yours here: ginnytownsend.com/episode79 (No opt-in required!) And if you know that adding a short-term rental is the next project for you... the one that WILL MOVE THE NEEDLE in finally achieving financial independence, I've created a powerful program just for you. And utilizing this simple strategy I'm sharing today, is a great way to keep your tasks organized as you complete this program... It's called The 6-Figure Vacation Rental Roadmap: How to Find, Furnish, and Fill a Profitable Short-Term Rental Grab your copy today! ginnytownsend.com/rental Thanks again for joining me. Until next time, continue to be up and to the right.…

Uplevel: Make Money with Airbnb, Short-Term Rentals, Real Estate Investing, Passive Income Strategies

1
Ep 78: Are Short-Term Rentals the ANTI-Hustle-And-Grind? A Simpler Way to Achieve Financial Independence 19:06

4 years тому19:06