Things I Wish I Knew About The Short Term Rental Business with Clint Lovette

Are you interested in getting into the short-term rental (STR) business? The biggest potential threat to you in the STR space is starting on the wrong foot and getting behind. But as long you know what to do and what you need to avoid, you won't regret investing in the STR space. So tune in and get some practical tips and insights as Russ and Joey interview their STR Operator and STR Course facilitator, Clint Lovette.
Clint is a professional remodeling contractor who pays attention to detail and always strives to provide the best possible experience for his clients. As the Operator of Russ and Joey's STR business, Clint has gained valuable experience that he's willing to share with new operators so they can save time and minimize frustration when running a short-term rental business.

Top 3 Things You’ll Learn:
The difference between an experienced operator vs. a DIY operator
Why you should not rely too heavily on STR platforms like Airbnb and Vrbo
Offering curated experiences and other strategies to win in the STR game

About Our Guest:
Clint Lovette is a professional remodeler who takes remodeling to the next level. Since getting into the remodeling business 15 years ago, Clint has never stopped refining his business strategy, focusing on his clients’ needs. Clint is the operator of Russ and Joey's short-term rental business, which is one of their most profitable passive income streams.

Connect with Clint Lovette Inside the STR Student Group:
https://go.wealthwithoutwallstreet.com/str

Join the Inner Circle Live Event on January 6-8, 2023:
https://go.wealthwithoutwallstreet.com/innercirclelive

Discover Everything You Need to Know About Short-Term Rentals in One Course (Take Advantage of the Special Offer for Podcast Listeners):
https://go.wealthwithoutwallstreet.com/strcourse

Take Advantage of a Free Financial Strategy Call:
https://go.wealthwithoutwallstreet.com/free-financial-call

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0:39 - Why is the short-term rental space so important for us to talk about today?
3:47 - How's it going in the STR business today?
4:57 - If we have to start this thing, like tear it down and start it over from scratch, what would you do differently?
6:41 - When you say focus on building the brand, are there some practical things that somebody who's just starting their STR business and has taken your course can do?
8:00 - Do you feel like STR operators often lean on platforms like Airbnb and Vrbo too much?
11:51 - Are there other things that you see these operators or someone new to the business doing, like, "Man, let me save you some time and heartache. Don't do X, Y, or Z." What would those things be?
15:16 - What is the difference between an experienced operator and someone who is DIY?
18:11 - What else do you see in the STR space now 2 ½ years later as new opportunities or things that weren't clear then that are now that you're taking advantage of in the space?
19:03 - What is a medium-sized market? What is the average population? Give me a few cities that will help me understand a medium-sized market.
22:23 - How would you help a person with limited access to cash think through how to build a business so they could get the most out of it in the limited funds and time they have?
29:01 - How will you operate a business if you have five million dollars? What would you do differently that I can't see when I'm so close to it?
30:39 - Can you give me an example of what one of those curated experiences looks like?

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www.wealthwithoutwallstreet.com/podcast/things-i-wish-i-knew-about-the-short-term-rental-business-with-clint-lovette

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