328. These STRs Earn $150K/Year and cost ONLY $300K property
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The short-term rental industry is evolving fast—and the strategies that worked five years ago may not cut it today. In this episode, Natalie Palmer shares how she scaled from co-hosting in a single condo complex to raising capital for luxury destination properties. If you're wondering where STR investing is headed next, this conversation might change your approach.
- How Natalie scaled to 10 co-hosted units in one condo complex—and why that model simplified operations
- Why housekeepers are your most valuable asset (and how to structure your team for success)
- The pricing strategy shift that's working in today's more competitive STR market
- How luxury upstate New York properties are generating $150K–$200K annually at a fraction of major-market purchase prices
- Why the "middle-tier" STR may disappear—and how to position your property to survive and thrive
The STR landscape is shifting—but opportunity is everywhere if you know where to look. Whether you're refining operations, upgrading amenities, or exploring passive investing, this episode is packed with actionable insights. Be sure to subscribe, share with a fellow investor, and explore the resources below to level up your portfolio.
Check out our videos on YouTube: https://www.youtube.com/@ShortTermRentalRiches
Grab your free management eBook: https://strriches.com/#tools-resources
Looking to earn more with your property (without the headaches)? Chat with our expert management team: https://strriches.com/management-services/