Travel Is Your Business

Leasing long-term rentals and converting them into outstanding vacation homes which provide landlords higher income and eliminate vacancy risk with Vacayo… Isabel Berney (COO/Co-Founder) and Truth Oladapo (CEO/Co-Founder) of Vacayo join John Matson and guest host Jenny Silber (VoyagerHQ) in the MouthMedia Network studios powered by Sennheiser. In this episode: Examining the short term rental market, how much a revenue property can hold, developing a propriety pricing algorithm, scraping websites to see the highest earning potential of homes, and owners can earn at least 40% more at least with short term stays added into the mix instead of long-term leases How this is an arbitrage model, and the risk is potentially in any miscalculation in revenue-generating potential of a home — but with historic data, and the fact that the vacation market is growing, the risk appears to be low How the model is different and not just profit sharing, so some risk is involved Additional risks of a downturn in travel, a major s