#22: The Business Side of BNBs

A Beautiful Mess Podcast

Elsie Larson and Emma Chapman

Leisure, Home & Garden

4.8 • 2.1K Ratings

🗓️ 16 March 2020

⏱️ 42 minutes

🔗️ Recording | iTunes | RSS

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Summary

This week we're tackling a much-requested topic— the business side of short term rentals. As many of you know we own a few properties we rent out on airbnb (visit the 'properties' tab at abeautifulmess.com for details) and we've learned so much from how to purchase the right property, to setting it up and running it in a way that fits with our lifestyle. For show notes, visit abeautifulmess.com/podcast.

Transcript

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0:00.0	You're listening to the A Beautiful Mess Podcast. Today we're diving into one of our
0:08.7	most requested topics of all time, the business side of B&Bs.
0:13.2	And we're actually going to expand on this topic a little
0:15.4	and talk about investing in real estate generally.
0:18.2	We're going to share a formula that we try to follow
0:20.3	and steps we took before listing our first short-term rentals.
0:23.0	So let's get into it.
0:25.0	Before we begin, I wanted to start out by mentioning that in our show notes,
0:30.0	which you can find at a beautiful mess.com backslash podcast. We will link to all of the
0:35.0	B&Bs that we currently have listed and we will also link to a couple blog
0:39.8	posts that we've written in the past about B&B's generally.
0:44.0	Yeah, we recently actually added to our home page too at just a beautiful mess.com.
0:49.4	There is a menu at the top and one of them says properties and if you click on that
0:54.0	then it shows all of our B&Bs and it also links to if we've like toward the
0:58.9	bedrooms or toward the bathrooms so you can like click on those and see before we talk about investing in real estate
1:05.2	I thought it would be helpful to just quickly go through a few things that I
1:10.0	think you should have going in your life before you even consider investing in real estate.
1:16.4	And I think a lot of these are going to be no-brainer for most people listening, but also
1:20.4	maybe not.
1:21.4	I don't know.
1:22.4	I don't mean that in a
1:22.8	offensive way I just know this is great
	...

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