Danny Rusteen on Profitable Properties in Latin America | My Latin Life Podcast #87 🌴

Danny Vroman Rusteen is a former Airbnb employee who’s been traveling the globe since 2017, staying in Airbnb’s as a guest more than 2,000 nights. He is the owner of The Belmonte Penthouse, an Airbnb in Medellin, Colombia. He has helped Airbnb hosts in over 75 countries around the world make more money and know what it takes to create an unforgettable STR with consistently high occupancy rates, pleasant guests, and 5-star reviews.🌴 Timestamps: 00:00 Language Blend 00:30 The importance of choosing the right microneighborhood 01:08 Introduction 01:50 Danny's new book: Profitable Properties 04:00 Danny's adventures in Spain 07:30 The Belmonte Penthouse in Medellin, Colombia 11:05 Latin America offers high investment returns 13:36 How to price listings accordingly 15:40 Are cleaners paid by day or monthly? 16:54 Where should Danny buy a new property? 19:28 Best advice to anyone wanting to invest in property 21:02 Danny spent over 2000 nights in Airbnbs as a guest 24:55 Why AirBNB is Danny's go-to 29:22 Getting refunds on AirBNB 30:38 Bitrefill 31:28 Not a good idea staying more than a month in one place32:26 Slow wi-fi on AirBNBs. Is there a way to solve it? 34:15 Some issues when it comes to amenities 38:26 Danny's world tour in 2023 39:55 Going to Kazakhstan and why is so interesting 41:43 Main rules when it comes to traveling 44:30 Staying in walkable neighborhoods 49:05 Neighborhoods designed for tourists/travelers 54:43 The "gringo vortex zone" and its potential 56:28 Walkability is key when it comes to visit any city 57:50 Having a bicycle/motorcycle to move around 59:07 Is it worth paying extra for the "perfect" neighborhood? 01:01:12 Language Blend 01:01:52 Compiling information for "Profitable Properties" 01:04:48 Hiring the right editor for your book 01:07:10 Using AI to write books. Is it going to happen? 01:10:52 Vance wants to write about Latin America 01:15:25 Marketing strategy to promote your book 01:17:40 Increasing your ranking on Amazon 01:19:25 Target markets for the book 01:20:20 Top 3 mistakes by AirBNB hosts 01:24:50 Easy tips to step up your listings 01:26:22 AirBNB listings with absurd prices 01:29:22 You can message your hosts and request discounts 01:33:00 Bitrefill01:33:58 Asking for more info and specs 01:37:12 Could a concierge service be helpful? 01:42:25 Sourdough bread is the "healthiest" bread 01:43:50 Danny and Sam Miller's friendship 01:45:4 5 Sam Miller's business 01:46:50 Latin America has not reached its full potential yet 01:48:30 The importance of shortening distances 01:50:34 The book "Profitable Properties" is available now 01:53:10 The definition of a microneighborhood 01:54:30 Get in touch with Danny Rusteen 01:55:00 Conclusion 🌴 Follow Danny Rusteen: Twitter: https://twitter.com/Dannybooboo0 Website: https://dannybooboo.com/ Get Danny’s new book: https://www.amazon.com/Profitable-Properties-Short-Term-Investment-Year-Round-ebook/dp/B0BZBS4C4F 🌴 Follow My Latin Life: City Guides: https://mylatinlife.com/city-guides/ FREE Telegram Group: https://t.me/+u18h0doDhxRiY2Fh Twitter: https://twitter.com/MyLatinLife Set up a Base in LatAm: https://calendly.com/MyLatinLife Episode sponsored by Language Blend: https://www.languageblend.com/Support the show