Discover three reasons why you should look into luxury vacation rentals as a way to invest in real estate and why it can act as a hedge against risk in certain market conditions. Jason Merritt withBy The Beach Properties tells why luxury VRBO can be a great passive income generating option. He also shares what to look for when selecting a VRBO property manager.
SHOW NOTES
1:02 - Introducing the the topic of private vacation rentals and our guest, Jason Merritt with By The Beach Properties.
1:34 - The first of three reasons that someone may want to look into incorporating luxury vacation rentals in their investing portfolio.
3:11 - Why luxury properties are popular rentals and who often rents them.
5:06 - What areas Jason has found work best with this strategy and why it can act as a hedge in certain market conditions.
6:45 - How to evaluate seasonal downtimes in prospective rental areas.
8:17 - The second reason this strategy can be valuable and how being an income generating vacation rental can affect appraisals.
9:45 - The third reason someone may want to look into vacation rental properties for the investing portfolio.
11:14 - Some context for Jason’s background in this industry and how his company works with people.
13:03 - The benefits of their model from working in closer alignment with their own goals and their clients’ goals and providing context for the value in repositioning properties.
15:30 - How Jason’s company works to set themselves apart from their competitors.
18:29 - Potential pitfalls to avoid in the private vacation rental industry.
21:50 - Information on the book Jason is co-authoring with Dave Bynum, “The Secret to Selling Your Home or Renting It For Max Profit.”
23:26 - Contacting Jason.
24:32 - Jason’s parting advice.
Resources and Links Mentioned:
Contact Jason:
Contact Tom at tom@tombraegelmann.com or feedback@tombraegelmann.com
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