In this podcast episode, Jeremy Werden from BNBcalc shares his inspiring journey from launching a boat rental business during the COVID-19 pandemic to amassing a portfolio of eight short-term rental properties. He discusses how he created BNBcalc to simplify the investment analysis process. Jeremy stresses the importance of making conservative estimates, understanding property expenses, and using data and tools to uncover profitable short-term rental opportunities. The conversation also delves into the unique aspects of short-term rental investing, such as how design and management can significantly affect returns, and the challenges of predicting outcomes compared to traditional long-term rentals.
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