REI103: The Truth About Airbnb Investing w/ Travis Zappia
The Intrinsic Value Podcast - The Investor’s Podcast Network
The Investor's Podcast Network
4.6 • 592 Ratings
🗓️ 3 January 2022
⏱️ 69 minutes
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Summary
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| 0:00.0 | You're listening to TIP. |
| 0:02.3 | It's so important that you have the right property in the right location with a county that is short-term rental friendly. |
| 0:11.3 | In this week's episode, I talk with Travis Zippia about what investing in short-term rentals is, |
| 0:17.4 | the pros and cons of this strategy, how someone gets started, how to pick markets, how to analyze a deal, |
| 0:24.3 | how to screen your potential renters, how to finance these properties, and much, much more. |
| 0:30.5 | Travis Zepia is a fire advocate who has started to get into real estate investing over the last |
| 0:35.5 | three years. He purchased his first |
| 0:37.8 | house hack in 2016 and decided to rent out each bedroom while living in the master bedroom. |
| 0:43.7 | He has since purchased three additional properties and started a short-term rental management |
| 0:47.5 | business. In 2020, during a pandemic, mind you, Travis's short-term rental business grossed |
| 0:54.0 | over $110,000. |
| 0:56.3 | Now, while that is impressive, just one year later in 2021, he is on track to gross over $375,000, |
| 1:06.0 | with his net profit being roughly $110,000. With his industrial engineering background, he has developed a set |
| 1:12.6 | of systems and processes which help him manage five short-term rental units all while continuing |
| 1:17.7 | to work a full-time job. If you use social media in the way that most people do, it can be |
| 1:23.6 | one of the worst and most time-consuming things you spend your time on. But if you set up |
| 1:28.4 | your social media usage the right way and follow the right people, you actually learn a lot |
| 1:33.1 | from it and even meet some really great people. As an example, Travis and I met on Instagram, |
| 1:38.2 | and we've built a relationship over the past few months, along with the countless others I've met |
| 1:42.8 | on social media. If you want to set up |
| 1:45.2 | your social media the right way, so you're learning instead of wasting time on it, one of the |
| 1:49.8 | first and easiest things you can do is to follow Travis and I. You can find Travis at the young |
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