This YouTube interview (host: Mark Simpson) features a guest describing the cash-flow advantages of short-term rentals. The guest reports that two bookings demonstrated earnings "at minimum two, three times" what a traditional rental would yield, calls the strategy life-changing, and discusses expanding the approach into a hybrid model that combines short-term rental methods with traditional hotel operations for boutique hotels.
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When I did the math, I saw the cash flow potential with this and the potential of it earning more at minimum two, three times what my, what I would have made if it was a traditional rental. Just from those two bookings, I was able to run those numbers. And that's what has caused me to not look back from short term rentals. And this has been a strategy that has, that has really saved me, has changed my life. And I love the fact that I get to grow this business though the way that we've been growing it also show people how to do this business the right way as well. So, so yeah, you.
Never forget your first guest. You never forget, you know, and it's, and it's one of them like seven years in now. And you know, you're doing a lot of, doing a lot of first. And this is why I wanted to get you on now and I wanted to get you on and particularly talk about the sort of the new venture where you're, you're sort of taking the traditional short term rental and combining it with the more traditional hotel and combining for boutique hotels.
