This is the Rental Income Podcast, where we talk to owners of rental properties and give you actionable tips and advice that would help you make more money while dealing with less hassle.

And now your host, Dan Lane.

I put together a list of seven things I wish I knew earlier about renting properties.

And you can download your free copy.

Just go to my website, free landlordgift.com joining me on the show today is michael luce and michael has a really

interesting story he owns a beach house and i want to learn more about this i don't know a whole lot about

beach rentals but from what I imagine,

there's three big advantages to owning a beach property. Number one, there's a premium that you can

charge people being at the beach. Number two, you can make more money when you charge people

weekly than you could if you had somebody on a year lease.

And number three, and probably best of all, is that as long as you have your expenses covered, you can vacation there whenever you want for free.

I want to ask Michael a bunch of questions, but before we get into the interview, I want to

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Michael, thank you so much for joining us on the show. I've got a lot of things I want to ask you.

The first question that comes to mind is you live really far away from your beach property.

You live in Maryland. The property is in the Virgin Islands. Obviously, that's a

very big distance. How do you deal with any issues that might come up being so far away?

Well, number one, yes, I am far away from St. Croix than I'd care to be. I'd love to be down there

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