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Does the 60-30-10 Rule Really Work for Short-Term Rentals?

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Manage episode 473437168 series 3491926
Content provided by Erin Spradlin & James Carlson, Erin Spradlin, and James Carlson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Erin Spradlin & James Carlson, Erin Spradlin, and James Carlson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In this episode of the Real Estate Education and Investing Podcast, Erin Spradlin and James Carlson, seasoned real estate agents and investors, dive into the popular 60-30-10 rule for short-term rental investing and explore whether it's actually a useful framework or just another oversimplified metric. They discuss how real estate investing often needs more nuance than rigid formulas, especially in rapidly appreciating markets like Denver. Erin and James share insights into Airbnb investment success factors—highlighting that unique properties and smart location choices often outperform basic checklists. They also touch on midterm rental strategies, with real-time examples from consulting clients in Dallas, Atlanta, Bakersfield, and Colorado. Through their client case studies, they emphasize the crucial role of managing rental property vacancy, the fear many new landlords face when going live, and how critical thinking—not rules alone—leads to real estate success. Whether you're a seasoned investor or just starting out, this episode is full of valuable tips to help you approach your next short-term or midterm rental investment with confidence and clarity.

Contact James: [email protected]

Contact Erin: [email protected]

For more information visit: https://www.jamescarlsonre.com/ https://www.erinandjamesrealestate.com/

  continue reading

236 episodes

Artwork
iconShare
 
Manage episode 473437168 series 3491926
Content provided by Erin Spradlin & James Carlson, Erin Spradlin, and James Carlson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Erin Spradlin & James Carlson, Erin Spradlin, and James Carlson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In this episode of the Real Estate Education and Investing Podcast, Erin Spradlin and James Carlson, seasoned real estate agents and investors, dive into the popular 60-30-10 rule for short-term rental investing and explore whether it's actually a useful framework or just another oversimplified metric. They discuss how real estate investing often needs more nuance than rigid formulas, especially in rapidly appreciating markets like Denver. Erin and James share insights into Airbnb investment success factors—highlighting that unique properties and smart location choices often outperform basic checklists. They also touch on midterm rental strategies, with real-time examples from consulting clients in Dallas, Atlanta, Bakersfield, and Colorado. Through their client case studies, they emphasize the crucial role of managing rental property vacancy, the fear many new landlords face when going live, and how critical thinking—not rules alone—leads to real estate success. Whether you're a seasoned investor or just starting out, this episode is full of valuable tips to help you approach your next short-term or midterm rental investment with confidence and clarity.

Contact James: [email protected]

Contact Erin: [email protected]

For more information visit: https://www.jamescarlsonre.com/ https://www.erinandjamesrealestate.com/

  continue reading

236 episodes

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