Passive Investing in Short-Term Rentals with Tamara Jones, Ep. 481

Tamara N. Jones is the CEO & Founder of Bucket List Stays LLC. She is passionate about the delivery of vacation rentals to investors for a completely passive investment. Tamara provides full-service management to property owners worldwide, including Property Management, Online Services, Vacation Rental Marketing, and Community Growth to drive process improvements, competitive advantage, and bottom-line gains. We talked to Tamara about the short-term rental space, the arbitrage strategy to avoid risk, the New Orleans short-term rental market and investing overseas.   Announcement: Click here to join me and other top real estate investors for the Midwest Real Estate Networking Summit!   [00:01] Opening Segment  Tamara talks about her background;  She talks about how she got into the short-term rental space;    [05:33] Arbitrage for Short-Term Rentals Test the market with arbitrage; What not to do in your first short-term deal; Why the New Orleans Market;     [17:47] Investing and Managing Remotely How to manage properties from a distance;  One common mistake short-term rental investors make; Investing overseas and some of the challenges;     Announcement: Download Our Sample Deal and Join Our Mailing List   [27:37] Round of Insights Apparent Failure: Her first tiny house deal. Digital Resource: A channel manager and pricing optimizer Most Recommended Book: Traction  Daily Habit: Journaling #1 Insight for Having Successful Short-Term Rentals: Make sure that the deals that you are getting in provides you flexibility. Best Place to Grab a Bite in Atlanta, Georgia: Cheesecake Factory   Contact Tamara: Learn more at bucketliststays.co and go to pinkpassiveincome.com to learn more about investing passively in short-term rentals.   Thank you for joining us for another great episode! If you’re enjoying the show, please LEAVE A RATING OR REVIEW,  and be sure to hit that subscribe button so you do not miss an episode.

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Each week, John Casmon speaks with real estate pros and marketing specialists to provide useful tips for multifamily investing. Listen and learn insights for market research, finding deals, attracting capital, and growing your portfolio.