25 Years Of Short Term Rental Knowledge In 30 Minutes
Summary
Kathy Fettke, founder of RealWealth, discusses her experience investing in real estate outside of California and the importance of understanding local market dynamics. She emphasizes finding opportunities in unusual circumstances such as investing outside city limits or when there's public fear, and highlights the importance of financial literacy and aligning business goals with personal values. She also describes her book "Scaling Smart," which discusses these topics.
More from Getting Started
This article from GreekReporter.com reports that Greece is climbing the European short-term rental rankings. While specific details on the rise are not provided in this short article, this suggests a growing opportunity for hosts. It implies increased demand in the Greek market, which presents a dynamic opportunity for STR investors.
Ennismore plans to expand its hotel presence in India, with its first hotel under the Morgans Originals brand, Roswyn, already soft-opened in Mumbai. Following the Mumbai debut, the company plans to open a Hoxton hotel in Bengaluru and is actively exploring further expansion opportunities, recognizing the market's readiness for a luxury lifestyle product.
The short-term rental market's growth is slowing, according to eKathimerini.com. This shift may affect occupancy rates and revenue for hosts. Understanding market trends is crucial for adapting pricing and marketing strategies, ensuring continued profitability.
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