Shawn Moore, a seasoned real estate investor with over 24 years of experience, joins The Mentor Podcast to share his journey from traditional real estate investing to becoming a leader in the short-term rental space. Starting with wholesaling and fix-and-flips, he discovered the potential of vacation rentals before Airbnb even existed. After weathering the 2008 financial crisis, Shawn refined his investment strategy, focusing on passive income through short-term rentals. Today, he runs the nation’s top vacation home investor training company and helps investors create long-term wealth with lifestyle assets.

What You’ll Learn About in This Episode:

• How Shawn transitioned from fix-and-flips to short-term rentals before Airbnb was mainstream.
• The impact of the 2008 financial crisis on his investment strategy and the lessons learned.
• Why short-term rentals became a viable long-term wealth-building strategy.
• The evolving landscape of short-term rentals and the impact of market saturation.
• Common misconceptions about Airbnb investing and how to approach it with realistic expectations.
• The importance of choosing the right locations based on demand, not just tourist hotspots.
• Why investing in experiences rather than just properties is key to success in short-term rentals.
• The pros and cons of self-managing vs. hiring a property management partner.
• Strategies for acquiring vacation rental properties, even with little to no money down.
• How Shawn uses creative financing strategies, similar to Ron LeGrand’s terms approach, to secure deals.
• The role of professional marketing and customer service in maximizing rental income.
• Why 80% of short-term rental owners struggle while the top 20% dominate the market.
• The importance of understanding real estate fundamentals before diving into the short-term rental business.

Resources:

• Join Ron and Shawn at the Virtual Golden Age of Real Estate Summit, March 26-28th, Get Registered
• Grab Shawn Moore’s book, What the Heck is a Lifestyle Asset?, for free at vodyssey.com
• Sign up for a Free Mentor Panning Session: https://www.RonLeGrand.com/Plan
• Free Training: www.TheMentorPodcast.com/Terms176
• Get Ron’s $599 Wholesaling course for FREE when you join his Gold Club for ONLY $99 a month! – www.TheMentorPodcast.com/GC176