Losing Money: Airbnb Owners - Rates Dropping as Costs Soar
Ken McElroy Show
Ken McElroy
4.8 • 692 Ratings
🗓️ 27 September 2023
⏱️ 47 minutes
🧾️ Download transcript
Summary
Grab Ken's Q4 Outlook: https://kenmcelroy.com/cre2023
Ken McElroy and Danille McElroy talk with Patrick Tice, a seasoned expert in luxury vacation rentals. In this interview, he delves into the challenges of smaller units, the effects of inflation on Airbnb owners, and the importance of navigating regulations effectively. To learn more about Patrick, visit his company's website at: https://www.vacayaz.com or their Instagram: https://www.instagram.com/vacayaz
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ABOUT KEN: Ken is the author of the bestselling books The ABC’s of Real Estate Investing, The Advanced Guide to Real Estate Investing, and The ABC’s of Property Management. With over two decades of experience in real estate investing, Ken McElroy is passionate about sharing the good life by helping real estate investors grow and prosper. This podcast is a place for Ken to discuss numerous topics connected to real estate investing, including finance, budgeting, the entrepreneur mindset, and creating passive income. Ken offers a wealth of personal experiences, practical advice, success stories, and even some informative setbacks, all presented here to educate and inspire. Whether you’re a new or seasoned investor, the information and resources on this channel will set you on a path where you and your investments can thrive.
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Transcript
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| 0:00.0 | Welcome to the Real Estate Strategies podcast, where we host in-depth conversations on everything |
| 0:07.8 | real estate with the industry's biggest movers and shakers. I'm your host, Ken McElroy, joined by my |
| 0:13.9 | co-host, DeNeil. Let's get right into this episode. Today we have on Patrick Tice, who is an expert |
| 0:19.8 | at short-term rental housing. |
| 0:21.6 | Yeah, this is awesome. As you guys know, there's lots of articles about Airbnbs and all the |
| 0:26.9 | different kinds of short-term rentals. And they're under fire right now, you know, with all kinds of |
| 0:33.1 | reasons. So I'm excited about this one. Yeah, it's really interesting how he delves into all the different city issues and, you know, kind of how the short-term rental companies are handling that. |
| 0:42.1 | Yeah, I know. |
| 0:42.5 | It's going to be a good interview. |
| 0:44.2 | Make sure you listen. |
| 0:45.0 | Hey, everybody. |
| 0:45.4 | It's Ken and DeNeil. |
| 0:46.3 | Hello. |
| 0:47.0 | We are excited today to bring you Patrick Tice. |
| 0:50.9 | Welcome to the show. |
| 0:52.4 | Thank you for having me. |
| 0:53.5 | Yeah, yeah. So there's a lot of confusing about Airbnb. |
| 0:56.6 | And, you know, there's article after article after article. |
| 0:59.6 | And so Daniel and I are like, what is really going on with Airbnb, right? |
| 1:03.6 | So we went to a guru. |
| 1:06.2 | And so welcome to the show. |
| 1:08.0 | Why don't you talk a little bit about you've been in the space a long time. |
... |
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