Getting Started with Vacation Rentals with Erica Muller - Episode 599
Investing in Real Estate with Clayton Morris | Investing for Beginners
Clayton Morris
4.1 • 1.1K Ratings
🗓️ 12 March 2020
⏱️ 21 minutes
🧾️ Download transcript
Summary
Have you ever considered purchasing a vacation rental, but you just don't know where to start? Today's guest, Erica Muller is the founder of Vrolio. Vrolio is a company that offers a platform for investors to buy and sell short-term vacation rental properties.
On this episode of Investing in Real Estate, Erica is sharing her insights into the world of vacation rentals. We'll talk about short-term rentals as a niche, how the market has changed, and how to be successful as a short-term investor. If you’ve ever wondered how to begin investing in vacation homes, this episode is for you!
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Transcript
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| 0:00.0 | Hey everyone. Welcome into the Investing in Real Estate Show. I'm Clayton Morris. So |
| 0:09.5 | great to have you back here on the podcast. This is the show where we help you build |
| 0:13.3 | financial intelligence so you can build financial freedom and you can do this you |
| 0:17.1 | don't even have to quit your day job but you can we give you all the tools and |
| 0:19.8 | resources right here on the show to make that next step in your life and kind of |
| 0:23.9 | live the life that you've always wanted to live. We've got a great guest on the |
| 0:27.2 | show today and I'm really excited about today's topic because I think in the |
| 0:29.9 | hundreds of episodes we've done we've never done really a deep dive on vacation rentals. |
| 0:36.4 | What exactly are vacation rentals? |
| 0:39.1 | And how can you build a business and lifestyle around that niche in real estate investing. |
| 0:44.4 | We've got a great guest on the show today. Her name is Erica Mueller. She's |
| 0:49.0 | built a marketplace for connecting buyers and sellers of short-term rental properties and her site is |
| 0:54.9 | rolling out she's going to tell us all about it and all about vacation rentals Erica |
| 0:58.9 | welcome to the show. Hi Clayton thanks for having me. Thanks for joining us here on the show. |
| 1:04.0 | Give our audience a little overview background. |
| 1:06.0 | Where do you currently live? |
| 1:07.0 | And how did you get started in vacation rentals and real estate investing? |
| 1:12.0 | Sure. So I live in Winter Garden, Florida, which is a suburb of Orlando, and I got into the vacation |
| 1:19.1 | rental industry by accident. |
| 1:20.9 | This was about, I would say, during the economic collapse, so over 10 years ago, around that time, I used to live in South Florida and when the market started collapsing, I lost a lot of real estate, a lot of money, like a lot of people. |
| 1:34.0 | And my husband and I decided that there was more opportunity up toward Orlando |
| 1:39.0 | because the boom hadn't really, or the crash hadn't really hit there yet. |
... |
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