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Real Estate Rockstars Podcast

533: Triple Your Investment Property’s Earnings by Turning It into a Vacation Rental with Tyler Sheff

Real Estate Rockstars Podcast

Aaron Amuchastegui

Investing, Careers, Business

4.6864 Ratings

🗓️ 9 August 2017

⏱️ 34 minutes

🧾️ Download transcript

Summary

Forget the traditional rental model! Tyler Sheff’s rentals generate three times as much money as comparable rental properties in his area. How does he do it? Instead of renting his properties out with long-term leases, Tyler rents them out as short-term vacation homes using services like Airbnb. During peak vacation season, Tyler’s average short-term rental pulls in roughly $3,000 per month! Listen and learn how you can boost your rental’s profits like Tyler by turning it into a vacation rental on this episode of Real Estate Rockstars! Get Instant Access to Hundreds of Free Real Estate Tools Visit hibandigital.com/toolbox Claim Real Estate Discounts, Free Trials, and More Visit hibandigital.com/resources Sponsors Rebus University - Get Over $10,000 in Real Estate Training for as Little as $97 Visit futureofrealestatetraining.com PadHawk - Find Your Market's Best Leads for FREE with a 7-Day Trial Visit padhawk.com Roddy's FLS - Discover Unbeatable Real Estate Deals with a FREE Foreclosure List Visit 4closure.info

Transcript

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0:00.0

I'm Pat Hybin and over the past 25 years I've sold over 7,000 homes selling over a billion dollars in volume.

0:11.0

In 2010, I sold my team business to my top agent and went on book tour promoting my book

0:18.1

Six Steps to Seven Figures of Real Estate Professionals Guide to building wealth and creating your destiny.

0:25.0

That book went on to become a New York Times bestseller.

0:30.0

Now I live off the massive income streams from the real estate I bought with commissions I earned as a full-time agent.

0:38.0

And I am committed to giving back to the real estate industry as so many mentors of mine have given back to me.

0:48.0

On this show we'll interview the world's best agents, brokers, coaches, and investors to help you make more commissions

0:56.4

and create the life you deserve. Get a free copy of Chantel Ray's Five Alive Contract, the form that she has, her agent's sign to get a guaranteed $75,000 salary if they don't make it in commissions.

1:20.6

A very controversial plan that's happening in her market today. You can get a free copy.

1:28.0

Just text contract to 444 999 or go to hypedindidg digital.com backslash contract. That's highbin

1:36.1

digital.com backslash contract or just text contract to 444 999.

1:43.0

999. All right, Rock Star Nation. It is time, and hey, if this is not you, it'll still be an interesting podcast.

2:03.6

But if it is you, you definitely need to listen to this.

2:07.4

Time for you to stop being a false profit, right?

2:09.6

Time for you to stop showing people houses, talking to people about why real estate is such a

2:15.6

great game to get into why real estate should be bought but not owning massive

2:20.6

amounts of real estate yourself it's always been a pet peeve of mine that

2:24.9

real estate agents would go out there and not own rental properties, right? And then

2:31.0

even talk to people or worse work with investors.

2:35.0

The worst of the worst of the worst is an agent that Fizboz their damn house.

2:40.0

But the second the worst would be an agent that sells a house to an investor and

2:44.9

doesn't own investment properties themselves. So I found a guy Tyler Chef who

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