Short-term rentals 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 long-term equity gain of rental properties with the cash flow of hotels in one highly-lucrative asset class. Thus, the rise of the short-term rental, VRBO, and Airbnb investor was born.Arguably the most notable short-term rental investor in the space today is good friend of the show, Rob Abasolo. Rob is such a pioneer in the short-term rental investing area, that veteran agent, broker, and investor David Greene, has partnered up with him to collectively build their cash-flowing, equity-increasing empire together. With dozens of deals under both of their belts, Rob and David walk through the five steps that it takes to find success in the short-term rental space.This episode is split up into two sections, with the latter coming out right after this one. In this show, Rob dives deep into finding a short-term rental market that fits your needs and goals, choosing a location that specifically benefits you as the investor, the different types of short-term rentals, and how to build a vacation rental strategy that will match your goals for financial independence. Whether you’re thinking of buying a snowy chateau or a desert domicile, Rob and David will help you put the pieces together so you can build a strong portfolio that will benefit you for decades to come.In This Episode We Cover:Choosing a short-term rental market and what aspects to look forCash flow vs. appreciation and which matters more when it comes to STR investingThe four types of short-term rental markets and which have the best chance of successSeasonality and factoring it into your revenue and profit calculationsThe risks of investing in vacation rental markets and how to scale your portfolio fasterAnd So Much More!Links from the Show:BiggerPockets ForumsBiggerPockets Youtube ChannelAirbnbBrian Chesky's Linkedn profileJulian (San Diego, California) town profileEureka Springs City (Arkansas) profileWaco City (Texas) profileChip and Joanna Gaines HGTV profileCopperopolis Town (Calaveras County, California) profileAirDNADestin City (Florida) profileGatlinburg City (Tennessee) profileGreat Smoky Mountains ZillowRedfinRobuilt YouTube Channel: HOW MUCH MONEY MY TINY HOUSES MAKE and why Airbnb is the best way to make passive incomeRobuilt YouTube Channel: This is exactly how much your property will make on AirbnbCheck the full show notes here: https://biggerpockets.com/blog/biggerpockets-podcast-578See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.