Want to know how to start an Airbnb business? If you find the right deal and build an all-star team, you could squeeze a TON of cash flow from just one rental. And we’ve got the perfect guest to show you the ropes!
Welcome back to the Real Estate Rookie podcast! Today, we’re joined by former ninety-day mentee Melanie Wilmesher. Since we last spoke with Melanie, she has added a short-term rental property to her portfolio—this time, in an entirely different market! In this episode, she shares her biggest struggles and lessons learned from investing out-of-state. While one destructive house party left her with $4,000 in damages and nearly derailed her Airbnb investing strategy, Melanie credits her trusted team for getting the property back up and running in no time.
While short-term rentals can be wildly profitable, running them is not always a breeze. Melanie shares the highs and lows of her journey so that you can know what to expect in any situation! You’ll learn how to deal with bad reviews, find a great property manager for your rental, create the best possible guest experience, and more!
Ashley:
This is Real Estate Rookie episode 363.
Tony:
And today we are welcoming back Melanie Wilmesher, who was one of our 90-day mentees from back in early 2023. And today she’s here to give us an update on a deal she landed, and to really show you what’s possible when you have the right plan in place. And we’re going to hear some crazy stories from her Airbnb, so make sure you stick around till the end.
Ashley:
As always, I’m Ashley, along with my co-host, Tony J. Robinson.
Tony:
And this is the Real Estate Rookie podcast where every week, twice a week, we bring you the inspiration, motivation, and stories you need to hear to kickstart your investing journey. And man, I’m super excited to get into today’s episode with Melanie.
Ashley:
Melanie, as you may have recalled on previous episodes, is a tech professional, and she’s an investor out of Colorado. So she…
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