#366: How We Make $140K/Year with One Rental Property

⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: https://www.coachcarson.com/rpm 🎙️ Episode #366 – Curious how a single Airbnb can pull in $140K a year? Joe and Katie transformed an underperforming property into a thriving short-term rental. From securing the deal and navigating construction setbacks to delivering top-notch guest experiences, you’ll learn the strategies that turned their challenging first year into a $140K success! ▶️ Next Episode: House Hacking Guide  https://podcasts.apple.com/us/podcast/the-house-hacking-guide-how-to-hack-your-housing-live/id1448707654?i=1000428608108 📄 Show Notes: https://www.coachcarson.com/airbnb140kyear/ 🎬 Timestamps: 00:00 - Initial Property Purchase and Remodel Costs 09:21 - Challenges and Cash Flow in the First Year 11:18 - Expanding Their Target Rental Market 12:13 - Airbnb and VRBO for Short Term Rentals 13:09 - Google Reviews for Growing Your Business 14:56 - Hospitality and Design Elements 30:29 - Increasing Value of the Property 33:42 - Partnership Structure and Benefits 39:36 - The Future of Switchback Suites 47:57 - Advice for Aspiring Real Estate Investor 🔗 Show Links: Get Joe's Short-Term Rental Tech Stack:  https://www.coachcarson.com/strtech Book your Stay in Kalispell, MT:  https://book.switchbacksuites.com Switchback Suites on Instagram:  https://www.instagram.com/switchbacksuites/ Joe on Instagram:  https://www.instagram.com/joe_r_jimenez/ Joe's Previous Episode: "How We Turned an 8-unit Building into a Cash Flow Machine in 6 Months" https://youtu.be/WHO9iA1RZW0 -------------------------- ⚒️ Get my FREE Real Estate Investor Toolkit: https://www.coachcarson.com/toolkit-pod  🖥️ Learn with Coach (Courses, Books & more): https://www.CoachCarson.com  👋 Connect with Me: 📸 https://www.instagram.com/coachchadcarson   👍 https://www.facebook.com/coachchadcarson   🐦 https://twitter.com/CoachChadCarson 💰 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine