Wish you could create space in your life to explore new things? To spend more time on creative interests or pursue the hobbies you love? Shawn Laidlaw is leveraging Airbnb to do just that, investing in a short-term rental (STR) business in Mexico that gives him the time freedom to live life on his own terms.
Shawn Laidlaw is an investor and STR host in Villas de Cerritos Beach near El Pescadero. He purchased land in an existing development there and built a three-unit property on the site, allowing him to rent the units on Airbnb and live there himself for six months of the year. Shawn is also a photographer, writer and avid surfer.
On this episode, Shawn joins me to discuss how he came to invest in an Airbnb in Mexico and explain the process of buying and developing land in the country. He shares the perks of running a STR business in a development with an onsite staff, the cost of doing construction in Mexico, and the mindset difference when it comes to scheduling work. Listen in for insight around what it’s like to host a vacation rental in Mexico and learn how Shawn is leveraging Airbnb to live a simpler life—and do a lot of surfing!
Shawn’s journey to Mexico
What it looks like to buy property in Mexico
The benefits of buying in a ‘gringo development’
How much it cost to build in Mexico
How Shawn’s property is structured
Hosting on Airbnb in Mexico
The pros and cons of building in Mexico
Shawn’s experience of managing units remotely
How much Shawn charges for his units
The occupancy rates on Shawn’s units
Shawn’s advice around investing in Mexico
Shawn’s minimum income experiment
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