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Home > Living Off Rentals > #143 - 90% Occupancy $165 a night on a turn-key affordable Airbnb in Florida - Beth Soto
Podcast: Living Off Rentals
Episode:

#143 - 90% Occupancy $165 a night on a turn-key affordable Airbnb in Florida - Beth Soto
Category: Business
Duration: 00:51:38
Publish Date: 2022-11-09 21:52:00
Description:

Wanting to help her husband retire for good and provide for her family, Beth Soto learned the ins and outs of short-term rentals. 

Now, she graces this episode of Living Off Rentals to discuss the biggest surprises she’s encountered during her first deal, the lessons she gained from her experience and the wisdom she hopes to pass along to aspiring short-term rental entrepreneurs.

Key Takeaways:

[03:27] Beth shares how her desire to help her husband re-retire and earn more money for the family became the motivation to dive into the world of short-term rentals.

[07:50] She expounds on the initial goal of leaving the 9-5 and understanding the financial impact of gaining cash flow from short-term rentals.

[10:39] What was the biggest surprise that Beth encountered from this business framework?

[15:17] The considerations Beth assesses before deciding which type of property to buy.

[22:25] Projections, numbers, and targets - how does she achieve a 90% occupancy rate?

[30:15] What type of financing did Beth obtain to get started with her flips?

[34:16] The lessons she's gained from her experience and what she's looking to incorporate in the next part of her journey.

[40:28] Beth expounds on why interior designing is finding the right people and connecting with them.

[41:58] How natural disasters impact AirBNB bookings and what she does to accommodate customers and protect the property.

[48:42] The single piece of advice Beth shares with aspiring short-term entrepreneurs. 

Guest Resources:Website - https://www.coastalpeachinteriors.com/

Gmail - coastalpeach.interiors@gmail.com

Show Resources:90-minute Live Masterclass Registration - https://www.livingoffrentals.com/start

Show Links: Living Off Rentals YouTube Channel -https://www.youtube.com/c/LivingOffRentals

Living Off Rentals Facebook Group -www.facebook.com/groups/livingoffrentals

Living Off Rentals Website -www.livingoffrentals.com

Living Off Rentals Instagram -www.instagram.com/livingoffrentals

Living Off Rentals TikTok - www.tiktok.com/@livingoffrentals

 
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