114: How to Invest in (& Have Fun with) Vacation Rentals with Scott Sutherland

Have you ever been on vacation and thought, it sure would be nice to own some property down here? Well, that’s the subject of today’s podcast, as we speak with vacation rental property owner Scott Sutherland about how he’s built a profitable business owning and managing his vacation rental properties. You’ll learn the step by step process for finding potential properties and analyzing them for profitability, as well as financing ideas and tips on managing the short-term renters. Whether you’re already in this real estate niche or you want to get your foot in the door, we’re confident you’ll get some new insight here. Don’t miss this exciting episode! In This Episode We Cover:How Scott got started in real estate investingHis story of taking time offThoughts on choosing between stocks and real estateThe concept of control in real estateHow to get into the niche of vacation rentalsStrategies for properties that don’t typically cash flowWhat exactly a vacation rental entailsThe ins and outs of vacation rentals, including pros and consHow to market your rental propertyWhat you should know about tenant screening on vacation rentalsAnd SO much more!Links from the Show:Trivia EmailBrandon’s Forum Post on Vacation RentalsBiggerPockets ForumsEvicting Renter from a Vacation Rental PropertyBiggerPocket’s The Book on Investing in Real Estate with No (and Low) Money DownHomeAwayVRBOAirBNBalexa.com99DesignsBooks Mentioned in this ShowRich Dad Poor Dad by Robert T. KiyosakiThe 4-Hour Workweek by Timothy FerrissConnect with ScottScott’s WebsiteScott’s BiggerPockets Profile