Lifestyle Asset University

  • Autor: Vários
  • Narrador: Vários
  • Editor: Podcast
  • Duración: 178:36:56
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Sinopsis

Real Estate Expert, Shawn Moore, from WasatchLuxuryRealEstate.com, brings you the Lifestyle Asset University podcast. Bringing you the best tips, tactics & strategies for growing and scaling your short-term vacation rental portfolio. Discover the difference between traditional short-term vacation rentals and true Lifestyle Assets. Learn from my 20 years of ups and downs in the Real Estate Investing game. Expert interviews on Acquisition, Legal, Finance, Management & more. All focused on building your Lifestyle Asset portfolio giving you Lifestyle & Financial Freedom starting today.

Episodios

  • Episode #153 From $0 To The #1 Revenue Property In The Market With STR Investor Harman

    15/03/2024 Duración: 40min

    On this week’s episode of The Vacation Rental Revolution Podcast, I had the opportunity to interview seasoned investor Harman. He has been investing in real estate for a while now and is finding huge success in the short-term rental game. Harman has secured a cool property in Snowshoe West Virginia and has been performing at the top of the market. However, it wasn’t always this way. Listen as Harman explains how he used a different marketing strategy to make money during the property's supposed slow season. Check Out Harman’s Properties Here:airbnb.com/rooms/805306140302521657airbnb.com/rooms/855328293073646731airbnb.com/rooms/855436457807788122airbnb.com/rooms/855391049223539513airbnb.com/rooms/52427292For the latest and greatest with Vodyssey click here:⬇️⬇️⬇️https://mtr.bio/VodysseyshawnmooreThank you so much for being the best part of the show by tuning in every week. Please take the time to like, comment, review, and share this episode. Also, leave me a review! Those things help me out. Remember, pick on

  • Episode #152 How To Obtain Financial Freedom In 5 Years Or Less

    13/03/2024 Duración: 16min

    Welcome to another episode of Whiskey Wednesday. This week Dave and I look back on our childhood and remember what we wanted to be when we were older. We also discuss what brings happiness and how financial and lifestyle freedom can help you be happy. Finally, we discuss what a realistic timeline would be for obtaining financial freedom. Remember to level up your mattress game by checking out the brand-new Vodyssey Sleep System. We have taken out all of the guesswork when it comes to choosing the perfect mattress for your home and short-term rental. For a limited time, you can get these perfect mattresses for 55% off. Head to www.vodysseysleepsystem.com and use the code PODCAST when you check out.For the latest and greatest with Vodyssey click here:⬇️⬇️⬇️https://mtr.bio/VodysseyshawnmooreThank you so much for being the best part of the show by tuning in every week. Please take the time to like, comment, review, and share this episode. Also, leave me a review! Those things help me out. Remember, pick one

  • Episode #151 How To Revitalize A Struggling Property

    08/03/2024 Duración: 22min

    Episode #151 How To Revitalize A Struggling PropertyThis is probably one of the most important episodes I’ve ever made. This episode contains 95% of the secret sauce to thriving at the top of the market with your short-term rental. I promise you that if you follow these steps you will see an increase in revenue. ✅- Understand your numbers.✅- Create A Unique Experience.✅- Partner with the right Property Manager. ✅- Invest in your marketing. (Specifically your listing photos) Remember to level up your mattress game by checking out the brand-new Vodyssey Sleep System. We have taken out all of the guesswork when it comes to choosing the perfect mattress for your home and short-term rental. For a limited time, you can get these perfect mattresses for 55% off. Head to www.vodysseysleepsystem.com and use the code PODCAST when you check out.For the latest and greatest with Vodyssey click here:⬇️⬇️⬇️https://smartlink.metricool.com/public/smartlink/VodysseyshawnmooreThank you so much for being the best p

  • Episode #150 My definition of a lifestyle asset and why they’re the only investments I’ll add to my portfolio.

    06/03/2024 Duración: 18min

    Welcome back to Whisky Wednesday! This week Dave and I dive into the importance of having your family on board with your short-term rental journey. I’ve always said that a healthy relationship is only possible when you are always open and honest with your partner. That includes being open about the investments you both want to make together. We also talk about what a lifestyle asset really is and how I define it here at Vodyssey. Finally, we discuss the major objections that most new investors have for not entering this game. Remember to level up your mattress game by checking out the brand-new Vodyssey Sleep System. We have taken out all of the guesswork when it comes to choosing the perfect mattress for your home and short-term rental. For a limited time, you can get these perfect mattresses for 55% off. Head to www.vodysseysleepsystem.com and use the code PODCAST when you check out.For the latest and greatest with Vodyssey click here:⬇️⬇️⬇️https://mtr.bio/VodysseyshawnmooreThank you so much for being

  • Episode #149 Turn Your Unbooked Nights Into Free Vacation Stays With Sean Wilkinson Of Host Share

    01/03/2024 Duración: 34min

    On today's episode of the Vacation Rental Revolution Podcast, I had the privilege of interviewing Sean Wilkinson. He is one of the founders of a brand new business model in the short-term rental space called Host Share. Host Share allows short-term rental owners to trade night stays at their property for other properties on the website. I love how Sean has made these very seamless and intuitive so that you don't feel like you are leaving money on the table for lost revenue at your property. Sean describes his journey of owning and operating in the short-term rental space and how he found a way to leverage unbooked nights into vacation stays. Check out Host Share Here:⬇️⬇️⬇️https://www.hostshare.co/https://www.facebook.com/hostsharehttps://www.instagram.com/hostshare/https://www.linkedin.com/feed/Remember to level up your mattress game by checking out the brand-new Vodyssey Sleep System. We have taken out all of the guesswork when it comes to choosing the perfect mattress for your home and short-term rental.

  • Episode #148 How To Outsmart AIRBNB With Your Own Customer Base

    28/02/2024 Duración: 17min

    Welcome back to another episode of Whisky Wednesday. In this episode, Dave and I dive into the world of copycat gurus. In a world where artificial intelligence is in the mainstream, anyone can claim to be an expert, but few are. Look for the signs of who the true teachers are. We also discuss the importance of finding the right management team for your property. Selecting the right property manager can make or break your maximum revenue as well as your customer experience. Finally, we respond to a question we received about avoiding fees from Airbnb and Vrbo. It all boils down to how good you are at customer acquisition. Remember to level up your mattress game by checking out the brand-new Vodyssey Sleep System. We have taken out all of the guesswork when it comes to choosing the perfect mattress for your home and short-term rental. For a limited time, you can get these perfect mattresses for 55% off. Head to www.vodysseysleepsystem.com and use the code PODCAST when you check out.Thank you for listening and b

  • Episode #147 Taking An Underperforming Property To The Top Of The Market With Eric Young

    23/02/2024 Duración: 37min

    What’s up, guys? Welcome back to another episode of the Vacation Rental Revolution Podcast! On today’s episode, I had the privilege of interviewing Vodyssey member and Short-Term Rental Investor Eric Young. Eric is a seasoned investor based in Denver, Colorado with over 10 years of experience in the real estate industry. Although he specialized in flipping houses he has found great success in the short-term rental game. Watch or listen as Eric describes his willingness to seek help and look for opportunities to improve his short-term rental experience and how because of that he was able to take an underperforming property to the top of the market. We also talk about how Eric was able to overcome issues with insurance and financing, the importance of due diligence during underwriting, and how a property’s past performance is not always indicative of its future potential when properly managed and marketed. Check out Eric’s successful property here:⬇️⬇️⬇️https://www.airbnb.com/rooms/1044301030831500315 Remember

  • Episode #146 The Power Of Owning Your Business In The Short-Term Rental Game

    21/02/2024 Duración: 22min

    Welcome back to another episode of Whisky Wednesday. On today’s episode, we dive into what your life could look like in five years if you stick to the process and make smart business decisions for your vacation rental. You can have the freedom to live your life the way you want, it just takes the determination to follow the process. We also discuss how Artificial Intelligence can help you with your Short-Term rental and whether or not it’s going to shake up the industry as a whole. Finally, we discuss the upcoming election and why you shouldn’t remain on the fence just because of the political party that holds the office. Don’t forget to check out the all-new Vodyssey Sleep System. We have taken all the guesswork out of selecting the perfect mattress for your guests and your family. The Vodyssey Sleep System mattress is the best solution for your short-term rental as well as your home. It offers top-notch quality and comfort at an affordable price. For a limited time, you can get the all-new Vodysse

  • Episode #145 Patience And Persistence Pays Off Big For First Time STR Investor With Shelly Niemand

    16/02/2024 Duración: 38min

    I'm thrilled to bring you Episode #145 of the Vacation Rental Revolution Podcast, where we dive into an inspiring journey with our special guest, Shelly Niemand. Imagine joining the short-term rental world, overcoming obstacles, and making dreams a reality—Shelly did just that!Shelly, a fantastic Vodyssey member since April 2023, shares her heartwarming story of setting up her first short-term rental in December 2023. It wasn't a walk in the park; she faced challenges during the acquisition phase. However, Shelly's perseverance and positivity guided her through, and now she owns a perfect property for her family. Not only is she making a great income, but she and her loved ones cherish monthly visits, creating invaluable family memories.In our conversation, Shelly revealed her desire to become a short-term rental host and how the Vodyssey process provided the confidence and direction she needed. Her success story is a testament to what patience and persistence can achieve in this exciting venture.Check out Sh

  • Episode #144 Overcoming The Top 3 Short-Term Rental Challenges In 2024

    14/02/2024 Duración: 21min

    Welcome back to another episode of Whisky Wednesday! This week my good buddy Dave and I dive into the upcoming challenges you should expect with the Short-Term Rental game in 2024. Spoiler alert! It’s nothing new, It’s been the same challenges we as investors have to face with each property we invest in. 1- Where To Buy How do I find a cash-flowing property?2- Rules And Regulations Where should I avoid investing so my short-term rental can operate at a high level?3- Maximize Revenue How do I take my unfair share of the market? Dave and I also discussed what our perfect day would be. If you’re guessing that Dave would sleep in then you got it right! We go over how more and more manufactured homes are showing up on the market and whether or not it’s a viable option for short-term rental investing. Don’t forget about the all-new Vodyssey Sleep System! We have taken all the guesswork out of finding the perfect mattress for your family and short-term rental. These are the mattresses that I have in my own home beca

  • Episode #143 The Psychology Of Short-Term Rental Investing With Dr. Fadi Hussein

    09/02/2024 Duración: 50min

    What’s up, guys? Welcome back to a brand new episode of Vacation Rental Revolution. On Today’s episode, I have the honor of interviewing Dr. Fadi Hussein. Not only is he a successful Doctor, but he is a successful STR investor and he’s giving up the secret behind the psychology when it comes to making money. Here’s what’s on the agenda for today: Dr. Fadi Hussein shares experiences, from initial property acquisition to learning the nuances of catering to market preferences and designing properties that resonate with travelers. The episode not only delves into investment strategies and design choices but also highlights the psychology behind spending and the impact of quality assets on long-term wealth.Dr. Hussein’s background in medicine and his gradual realization of the importance of investing and wealth-building trace his path from a cautious learner to a successful investor. He emphasizes the pivotal role of education and self-investment, attributing his progress to absorbing knowledge before di

  • Episode #142 You Are Looking At Diversification The Wrong Way

    07/02/2024 Duración: 19min

    Hey everyone! Welcome back to a brand new episode of Whisky Wednesday! Here’s what’s on the agenda for today:1. The Art of Diversification in Short-Term RentalsWe're delving deep into the concept of diversifying funds and why it's not just a financial buzzword but a key strategy within the realm of short-term rentals. Understanding how to spread your investments within this asset class is a game-changer, and we're breaking down why.2. The Risk and Reward: Borrowing Against Life Insurance for Down PaymentsEver wondered if borrowing against a life insurance policy for a down payment is a smart move? We're peeling back the layers on this financial strategy. It all boils down to the golden question – is the return on investment worth the risk? Let's navigate this together.3. Underwriting Unveiled: Large Markets vs. Small MarketsJoin us as we dissect the key differences you should be looking for when underwriting in large markets versus small markets. Each comes with its own set of challenges and opportunities, an

  • Episode #141 $75,000 In Revenue In Only Two Weeks With Dan Gorman

    02/02/2024 Duración: 58min

    In this engaging episode of the Vacation Rental Revolution podcast, I had the pleasure of sitting down with industry veterans, Dan Gorman and Claudia, to unravel the secrets behind their remarkable journey in the short-term rental realm. Join me, your host Shawn Moore, as we dive deep into their experiences, triumphs, and the pivotal decision to align themselves with the cutting-edge Vodyssey program.Starting their venture in corporate housing back in 2007, Dan and Claudia discovered their knack for the industry. By 2016, they seamlessly transitioned into mid-term rentals, achieving noteworthy success. However, it was their foray into short-term rentals that truly piqued my interest, especially after learning about their transformative decision to join the Vodyssey program.Throughout our conversation, Dan and Claudia generously share insights into their triumphant property launches, the hurdles faced during renovations, and their strategic approach to developing a distinctive brand while expanding their ever-

  • Episode #140 Should You Go Into Debt To Build Your STR portfolio?

    31/01/2024 Duración: 12min

    Hey everyone welcome to the latest installment of Whisky Wednesday. Ever wondered whether setting up partnerships in the state of purchase is the way to go? We dive deep into the debate, weighing the pros and cons of keeping it close to home versus expanding our horizons. The decisions we make on this front can significantly shape the trajectory of our short-term rental ventures.In this episode, we crack open the secrets of LLCs and the essential need for partners who align on their goals. Turning your property into a lifestyle asset or a pure investment? We explore the intricacies and decisions that can make or break our journey in the short-term rental game.Timing is everything, right? But when it comes to short-term rentals, the question is whether to push your property live and seize the peak season or wait until everything is polished. We share strategies to help you decide the best course for your venture and maximize your property's potential.One of the big questions we tackle is the age-old dilem

  • Episode #139 Overcoming Obstacles While Building Your Short Term Rental Portfolio With Tess Bessent

    26/01/2024 Duración: 48min

    In our latest episode, I had the absolute pleasure of sitting down with Tess Bessent, a remarkable real estate investor and hospitality aficionado who's making waves in the short-term rental world.Tess took us through her inspiring journey, sharing how she transitioned from flipping and renting properties to wholeheartedly embracing the world of short-term rentals. She didn't sugarcoat the challenges she encountered along the way – from financial hurdles to the quest for the right partner – but what truly resonated was her unwavering determination and her profound "why" that kept her going.One thing that truly struck me was Tess's commitment to creating unforgettable experiences for her guests. Her Notre Dame-themed property in South Bend, Indiana, is just the beginning of her vision to offer something truly special and memorable.Listening to Tess, it's clear that success in the short-term rental industry isn't just about numbers; it's about passion, perseverance, and a genuine desire to provide guests with s

  • Episode #138 Why I Prefer Short-Term Rentals Over Long-Term Rentals

    24/01/2024 Duración: 18min

    In this episode, we're unraveling the unparalleled advantages of the short-term rental model. The bottom line: I like to own nicer properties, in nicer areas that cashflow better than long rentals. It's not just an investment; it's a lifestyle upgrade! We're putting the spotlight on the lucrative world of short-term rentals versus long-term options. Think of higher-quality assets and prime areas with better appreciation potential. It's a game-changer for investors looking to elevate their game. But, here's the reality check – success in short-term rentals demands patience. We're talking about building a small yet profitable portfolio over three to five years. It's not a sprint; it's a strategic journey to financial freedom. And of course, education is key. Before you take the plunge, understanding the short-term rental market is paramount. We're talking about the ins and outs, the do's and don'ts – all the knowledge you need for a successful venture. So, whether you're a seasoned inve

  • Episode #137 How To Buy The Right Property In The Right Market With Jaycob Payne

    19/01/2024 Duración: 19min

    Embark on an exhilarating journey into the heart of short-term rental investments with me, Shawn Moore, in this captivating episode of The Vacation Rental Revolution podcast. Joining forces with Jaycob Payne, the mastermind behind acquisitions at Vodyssey, our conversation unveils the secrets of thriving in the dynamic world of vacation property investments.Our exploration kicks off with a deep dive into the art of underwriting properties—a crucial element in our strategic playbook. Jaycob reveals the pitfalls of revenue estimation and underscores the game-changing power of accurate underwriting. As our dialogue unfolds, we traverse the diverse landscape of market opportunities, with a special focus on the eastern US states. Together, we unravel the delicate dance between market saturation and the promise of profits, beckoning both newcomers and seasoned investors to grasp the intricate dance of each potential investment.Shifting gears, we illuminate the paramount importance of due diligence in navigating pro

  • Episode #136 Beyond The Photos: Exploring Hospitality Shifts And Listing Mastery

    17/01/2024 Duración: 17min

    This week on Whisky Wednesday, I spill the beans on crafting killer property listings. High-quality photos are the secret sauce, especially when showcasing your property's proximity to local gems. Trust me, it's a game-changer for capturing those potential guests' attention. We dig into the buzz around big hospitality players like Marriott and Hilton stepping into the short-term rental ring. It's not just a trend; it's a seismic shift in the market, and we break down why it matters.Short-term rentals versus hotels? It's not a competition; it's a dance. Learn how they play unique roles, complementing each other in the vast landscape of the hospitality industry. We also get into the nitty-gritty of property management decisions. It's all about alignment – financials, time, scalability. Let's make those decisions count!And of course, we wrap it up with insights on creating an unforgettable guest experience. From the property to the surrounding attractions – we're all about making it memorable. So,

  • Episode #135 The Importance Of Understanding Your Numbers

    12/01/2024 Duración: 12min

    Welcome to another exciting episode of the Vacation Rental Revolution podcast. Today, we're diving deep into the heartbeat of the short-term rental business—numbers and underwriting.Join me as we explore the ongoing importance of not just crunching the numbers during property acquisition but, more crucially, in the post-purchase phase. I'm here to share some game-changing insights and advice on how to consistently stay ahead in the competitive world of short-term rentals.I can't stress this enough—continual analysis is the secret sauce to success. In this episode, I highlight the significance of spotting market trends and adapting your business strategies accordingly. Through real-world examples, we'll shine a light on the common mistakes and oversights that can trip up even the most seasoned rental property owners.I'm passionate about guiding you through the process of monthly underwriting. This isn't just about tracking your property's financial health; it's about staying agile, positioning yourself favorab

  • Episode #134- Vodyssey Ventures: Mapping the New Year, Mastering Partnerships, and Property Power Plays!

    10/01/2024 Duración: 19min

    I'm thrilled to share the latest insights on our recent episode with Dave.

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