In this episode, Emily Belton shares her experiences and insights on running a short-term rental property management business. She emphasizes the importance of continuously learning and growing in entrepreneurship, drawing from her background as a soccer player. Emily also discusses the do's and don'ts of designing short-term rentals, the current state of the market, and the key considerations for managing properties remotely. She provides advice for those interested in starting a property management business and highlights the significance of documenting everything and knowing your rights as a short term rental business owner.

Takeaways

• Running your own business and being entrepreneurial involves continuously learning and growing, drawing from various experiences and skill sets
• When designing short-term rentals, it is important to consider factors such as wall art placement, incorporating greenery, and maintaining a consistent design theme throughout the property
• Short-term rentals can still be profitable in the current market, but it requires being a good operator and adapting to changing trends and pricing strategies
  Starting a property management business for short-term rentals requires being an expert in the local area, building relationships with key members of your power team such as cleaners and maintenance personnel
• Documenting everything and knowing your rights as a host are crucial for protecting yourself and resolving issues with guests
  
  

Chapters

• 00:00 Do's & Dont's When Designing Your Short-Term Rentals
• 11:15 Trends & Best Practices To Create Positive Guest Experiences
• 27:13 Entrepreneurship Advice for Property Management Startups
• 38:21 Closing Remarks and Key Insights

Connect With Emily

• Instagram: https://www.instagram.com/emilybelton08/
• Website: https://www.theclairco.com/
• Linkedin:https://linktr.ee/Emilybelton08

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Connect with Mario Griffiths:

• Facebook: https://www.facebook.com/marioginvest
• Instagram: https://www.instagram.com/marioginvest/
• LinkedIn: https://www.linkedin.com/in/mario-griffiths

In this episode of the Black Wealth Effect podcast, host Mario Griffiths interviews guest Jude, a successful real estate investor. Jude shares his journey of starting as an entrepreneur at a young age and eventually transitioning into real estate investing. He discusses the importance of having a strong work ethic, the influence of his engineering background on his real estate business, and the significance of building relationships and understanding different types of sellers. Jude also emphasizes the value of identifying lucrative opportunities and leveraging virtual assistants to maximize productivity and focus on high-value tasks. He shares his future goals of scaling his real estate business and expanding his virtual assisting company.

Takeaways

• Having a strong work ethic and a drive for independence can lead to success in entrepreneurship and real estate investing
• Building relationships and understanding different types of sellers are crucial in negotiating win-win scenarios in real estate deals
• Networking and connecting with like minded individuals in the industry can provide valuable insights and create opportunities to succeed
• Identifying lucrative opportunities and understanding the mathematics behind real estate investments are key skills for successful investing
• Leveraging virtual assistants can help maximize productivity and focus on high-value tasks in real estate and other businesses

Chapters

• 00:00 Introduction and Guest Welcome
• 08:56 The Influence of an Engineering Background
• 23:55 Maximizing Productivity and Focus with Virtual Assistants
• 29:33 Systemizing and Delegating Tasks for Business Growth
• 35:43 Connecting Buyers and Sellers in the Real Estate Market

Connect With Jude

• Instagram: https://www.instagram.com/judegomess/
• Instagram: https://www.instagram.com/task.tuesday/
• Website: https://www.tasktuesday.com/

Don't miss an episode - join our announcements email list http://eepurl.com/h6kR9b

Join us in our Facebook Group https://www.facebook.com/groups/1650395342027022

Follow us on Instagram https://www.instagram.com/blackwealtheffectnetwork/

Follow us on YouTube: https://www.youtube.com/@blackwealtheffectpodcast

Connect with Mario Griffiths:

• Facebook: https://www.facebook.com/marioginvest
• Instagram: https://www.instagram.com/marioginvest/
• LinkedIn: https://www.linkedin.com/in/mario-griffiths