57: An Introduction to Investing in Vacation Rental Properties with Matt Landau

The sand between your toes, the soft roar of the waves crashing on the beach, the beautiful people sunbathing on the shore. If this is your vision of a vacation rental… it’s about to change! In today’s episode of the BiggerPockets Podcast, we chat with vacation rental expert Matt Landauabout getting started as a vacation rental investor and building a scalable (and profitable) business around leasing rental properties to nightly guests in great vacation areas. Matt shares a ton of great tips, tricks, and skills to help you learn more about this fascinating – and largely misunderstood – niche of the real estate space. Additionally, Matt shares some really great tips for any landlord to decrease vacancy rates and increase profits in your real estate business, so no matter what kind of investing you currently engage in, this episode is bound to help your business improve! So grab a beach chair, make yourself a piña colada, and  sit back and relax… it’s time to take a vacation! In This Show, We Cover:What is a vacation rental – and why should you consider one?The legalities of vacation rentalsScreening for the tenants who won’t destroy your propertyMarketing for great tenantsThe first steps in buying a vacation rental propertyExpenses when dealing with a vacation propertyUsing Adwords to fill vacanciesThe secret to getting national press for your propertiesAnd a lot more!Books Mentioned in the ShowThe Happiness Hypothesis by Jonathan HaidtLinks from the ShowBiggerPockets.com/proBiggerPockets.com/biz – Using BiggerPockets to Grow Your BusinessVRBOHomeAwayFlipKey.comVacation Rental Automatic Door Lock (via Amazon)Pat Flynn and the “Be Everywhere” Philosophy.Pancho- The Sea Lion Turns THIEF?!Tweetable TopicsWe’re at the beginning of a very massive trend: vacation rentals. (Tweet This!)Be generous in having faith in people. (Tweet This!)Create a bulletproof reputation of being the industry expert. (Tweet This!)Connect with MattMatt’s BiggerPockets Blog PostsMatt’s Website: VacationRentalMarketingBlog.com