Episode 410 - 2 Hurricanes & 8.75% Rates - How This Dentist’s STRs Still Make Profit

Check Out His Properties:1) https://www.airbnb.com/rooms/1209440043623463487?adults=1&children=0&enable_m3_private_room=true&infants=0&pets=0&search_mode=regular_search&check_in=2024-08-08&check_out=2024-08-13&source_impression_id=p3_1722389126_P3U80TzxpiN_xBT3&previous_page_section_name=1000&federated_search_id=1f1e694f-ba6e-4857-8452-701e734e2fe92) https://www.airbnb.com/rooms/1160851235647050641?viralityEntryPoint=1&s=76&source_impression_id=p3_1784843440_P3Mw7GMZykVtEeLaWant to learn more about Vodyssey or start your STR journey. Book a call here:https://meetings.hubspot.com/vodysseystrategysession/booknow?utm_source=vodysseycom&uuid=80fb7859-b8f4-40d1-a31d-15a5caa687b7WEBINAR LINK:https://shawnmoore.clickfunnels.com/optiniyvvg89sFOLLOW US:https://www.instagram.com/vodysseyshawnmoorehttps://www.facebook.com/vodysseyshawnmoore/https://www.linkedin.com/company/str-financial-freedomhttps://www.tiktok.com/@vodysseyshawnmooreCONTACT US:[email protected]:00:00 Intro00:02:01 Jonathan's journey into real estate and rentals00:03:59 Market selection: Texas and Kentucky00:06:11 Timing and market environment considerations00:08:10 Capital requirements and managing stormy markets00:10:02 Property types: turnkey vs. custom00:11:59 Challenges of older homes and maintenance00:13:54 Designing for different target audiences00:15:52 Pros and cons of turnkey vs. custom properties00:19:09 Lessons from property management experiences00:21:04 Impact of weather events and review management00:23:03 Financing strategies and interest rate environment00:25:11 Visibility and forecasting with management models00:27:00 Future market plans and expansion00:34:03 Advice to younger self and enjoying the journey