301. True or False? Short-Term Rental Hosting As Passive Income

Today’s expert guest is Joelle Pittman Elliott – super host, premier host, and our very good friend.  She has invested in real estate in Memphis, Tennessee, excelling with short-term rentals for three years and counting. We talk about how she was able to escape the golden handcuffs of her cushy corporate job to follow her dreams of managing short-term rentals – all with the mission to spend more time with her husband and kids. Her approach has allowed her to embrace the freedom of being self-employed, to create her own work schedule, enjoy her family at home, and reignite creativity in ways she hadn't experienced in yearsWe also talk about all the ways she has crushed a metro market like Memphis (hello, pet friendly), do some myth busting on passive income, and unpack some recent challenges she's been facing here in 2023 with her first co-hosting gig.Resources:Visit thanksforvisiting.com/workshop to watch our Hosting Business Mastery Method workshop!#STRShareSunday: @vistalunasanomaJoin our email list: Subscribe Website: hoteljoelle.comInstagram: @hoteljoelleWIN $100k IN CASH PRIZES | There’s a powerful why behind your business. The reason you keep up the hustle, inspire your team and trudge through the tough times. From now until November 12th, our partners at Relay are asking you to share your why with them.To compete for the Grand Prize, submit your entry here and complete all of the application steps before the deadline of November 12, 2023. To be eligible, you’ll also need to open a Relay account, as this step will help Relay verify your business. Learn more here. No purchase is necessary. Terms and conditions apply.Thanks for Visiting is produced by Crate Media.Mentioned in this episode:Hosting Business Mastery Method | Join us for our live, free, host masterclass and learn how to OWN your digital real estate!HBMM | Sign up today at hostmasterclass.com.Breezeway | Go to breezeway.io/tfv to claim your free implementation when you start a Breezeway account.Hostfully | Go to https://www.hostfully.com/tfv and use TFV100 to get $500 off your subscription.Relay | Go to https://relayfi.com/?referralcode=ThanksForVisiting for your FREE business banking account.