Just two months ago, Eric and I bought an existing vacation rental business in Idyllwild, California, with the intention of renovating the existing units and building 10 to 15 new cabins on the property.
This acquisition is our first step in building a hospitality brand known as Freewyld, a world-class short-term rental operation focused on secondary markets near large metropolitan areas. Places for city dwellers to get away and reconnect with nature.
On this episode of Get Paid for Your Pad, Eric and I sit down to describe how the Freewyld project is going, explaining how we’ve upgraded the marketing for our new listings and why we’re booking exclusively on Airbnb right now.
We share the challenges we’re facing on the development side of the project and discuss how we’re shifting our focus in light of a changing construction timeline.
Listen in for insight on doing a scenario analysis before you take over a short-term rental business and find out how we got Strawberry Creek up and running in just eight weeks—and increased its revenue by 20%.
What surprised us about our guest avatar
Why we’re booking exclusively on Airbnb
Why ‘the barn’ is struggling to get bookings
How we've upgraded the marketing for our new listings
The challenges we’re facing on the development side
How we’re pivoting in light of a changing timeline
The benefit of doing a scenario analysis before you buy
Our top wins since taking over Strawberry Creek
The Future of Short-Term Rentals on GPFYP EP404
Legends X Short-Term Rental Accelerator
Review GPFYP on Apple Podcasts
Subscribe to the GPFYP Newsletter
Email jasper@getpaidforyourpad.com
Hostfully [Discount Code PAD]
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