578: The Secret Sauce Behind Short-Term Rental Success (Part 1) w/Rob Abasolo

<p><a href="https://www.biggerpockets.com/blog/short-term-rental-market-watch" rel="noopener noreferrer" target="_blank"><strong>Short-term rentals</strong></a> have taken the world by storm. Over the past two decades, the bed and breakfast type business has fallen prey to the more scalable short-term rental model. Real estate investors quickly realized that they could capitalize on the <strong>long-term equity gain</strong> of rental properties with the <strong>cash flow </strong>of hotels in one<strong> highly-lucrative asset class</strong>. Thus, the rise of the short-term rental, VRBO, and <a href="https://www.biggerpockets.com/blog/airbnb-real-estate-investing-pros-cons" rel="noopener noreferrer" target="_blank">Airbnb investor</a> was born.</p><p>Arguably the most notable short-term rental investor in the space today is good friend of the show, <strong>Rob Abasolo</strong>. Rob is such a pioneer in the short-term rental investing area, that veteran agent, broker, and investor <strong>David Greene</strong>, has partnered up with him to collectively<strong> build their cash-flowing, equity-increasing empire together</strong>. With dozens of deals under both of their belts, Rob and David walk through the <strong>five steps that it takes to find success in the short-term rental space</strong>.</p><p>This episode is split up into two sections, with the latter coming out right after this one. In this show, Rob dives deep into<strong> finding a </strong><a href="https://www.biggerpockets.com/blog/how-to-choose-the-right-market-to-invest-in-short-term-rentals" rel="noopener noreferrer" target="_blank"><strong>short-term rental market</strong></a> that fits your needs and goals, <strong>choosing a location </strong>that specifically benefits you as the investor, the<strong> different types of short-term rentals</strong>, and how to <strong>build a vacation rental strategy</strong> that will match your goals for financial independence. Whether you’re thinking of buying a snowy chateau or a desert domicile, R