Passive Investing in Short-Term Rentals with Tamara Jones, Ep. 481

Tamara N. Jones is the CEO & Founder of Bucket List Stays LLC. She is passionate about the delivery of vacation rentals to investors for a completely passive investment. Tamara provides full-service management to property owners worldwide, including Property Management, Online Services, Vacation Rental Marketing, and Community Growth to drive process improvements, competitive advantage, and bottom-line gains. We talked to Tamara about the short-term rental space, the arbitrage strategy to avoid risk, the New Orleans short-term rental market and investing overseas.   Announcement: Click here to join me and other top real estate investors for the Midwest Real Estate Networking Summit!   [00:01] Opening Segment  Tamara talks about her background;  She talks about how she got into the short-term rental space;    [05:33] Arbitrage for Short-Term Rentals Test the market with arbitrage; What not to do in your first short-term deal; Why the New Orleans Market;     [17:47] Investing and Managing Remotely How to manage properties from a distance;  One common mistake short-term rental investors make; Investing overseas and some of the challenges;     Announcement: Download Our Sample Deal and Join Our Mailing List   [27:37] Round of Insights Apparent Failure: Her first tiny house deal. Digital Resource: A channel manager and pricing optimizer Most Recommended Book: Traction  Daily Habit: Journaling #1 Insight for Having Successful Short-Term Rentals: Make sure that the deals that you are getting in provides you flexibility. Best Place to Grab a Bite in Atlanta, Georgia: Cheesecake Factory   Contact Tamara: Learn more at bucketliststays.co and go to pinkpassiveincome.com to learn more about investing passively in short-term rentals.   Thank you for joining us for another great episode! If you’re enjoying the show, please LEAVE A RATING OR REVIEW,  and be sure to hit that subscribe button so you do not miss an episode.