• Expert Tips for High Returns in Short-Term Properties with Rich Munroe

  • Jul 31 2024
  • Duración: 28 m
  • Podcast

Expert Tips for High Returns in Short-Term Properties with Rich Munroe

  • Resumen

  • Welcome to Atlanty with Jason Forman is the #1 podcast for Atlanta’s real estate professionals. Hosted by Jason Forman, a seasoned mortgage broker who has funded over $100 million in real estate loans, this podcast discusses opportunities and issues within the Atlanta real estate market.

    Each episode features engaging conversations with Atlanta’s top real estate leaders, offering valuable insights and practical tips to help you succeed—not vague concepts or opportunities only available in distant markets. Whether you're an investor, agent, appraiser, or attorney, "Atlanty with Jason Forman" is your essential resource for staying ahead in the dynamic Atlanta real estate scene. Tune in every other Wednesday and elevate your real estate business in Atlanta!


    Here is the link to join my group = https://urlgeni.us/facebook/BNBInvest1


    Link for AMSTRA - http://www.amstra.org/

    What if you could turn your long-term rental into a booming short-term success? Join me, Jason Foreman, as I chat with Rich, a veteran in the short-term rental arena, on this episode of the Atlanti podcast. Rich shares his incredible journey from traditional real estate models to mastering the short-term rental market. We explore the perks of semi-passive income, the importance of scalability, and the strategic methods Rich uses to manage a flourishing rental portfolio.

    Navigating the labyrinth of regulations is no small feat, especially in Atlanta, where new ordinances have thrown a curveball at Airbnb hosts. Rich and I dissect Fulton County's stringent rules, which mandate property owners to be primary residents and limit them to two properties. We delve into how these regulations arose from disruptive parties in upscale neighborhoods and share our efforts through the Atlanta Metro Short-Term Rental Alliance (Amstra) to negotiate fairer terms with city officials. Our conversation also sheds light on best practices for guest vetting and maintaining harmony with neighbors.

    Real estate investments are evolving, and short-term rentals present unique opportunities. In our discussion, we highlight practical tools like AirDNA and dynamic pricing platforms that help maximize revenue. We examine how landlords can benefit from higher occupancy rates and better property maintenance, and we explore the potential for growth in suburban and non-vacation locales. As we wrap up, Rich and I reflect on the year's challenges and triumphs, offering a glimpse into the future of the short-term rental market. Don't miss this insightful episode that promises to expand your real estate horizons!


    (0:02:00) - Short-Term Rental Market Opportunities

    (0:06:17) - Airbnb Regulations and Best Practices

    (0:18:52) - Evolving Short-Term Rental Strategies

    (0:27:30) - Parting Words and Future Outlook


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