Short-term home rental service
POPULARITY
Categories
Welcome back to Behind the Stays, presented by Journey. This episode kicks off a special series on the future of travel — conversations recorded live in Austin, Texas, at Expedia Group's EXPLORE Connect — a gathering that brought together some of the most powerful voices in travel tech alongside the top owners and operators of vacation rental management companies from around the world. I sat down with several of Expedia's most influential leaders — the folks guiding brands like Expedia, Hotels.com, and Vrbo — to unpack how they're reimagining discovery, bookings, and experiences in an AI-powered world. In this first conversation, I chat with Larry Plawsky, Senior Vice President and General Manager of Vrbo. And get this — this was actually Larry's first-ever podcast interview. Larry's a brand builder who's spent his career rooting for the underdog — from helping revive Old Spice back in the day to scaling massive two-sided marketplaces like Ticketmaster. And now, he's leading Vrbo into its next chapter within the Expedia Group ecosystem. We dive deep into: How Vrbo plans to take on Airbnb by doubling down on trust and quality — not just scale. The single biggest opportunity Larry sees to increase traveler confidence when booking a home. How Expedia's integrated network of brands — from Hotels.com to One Key — gives Vrbo a unique competitive edge. And how AI is already reshaping discovery on Vrbo — from smart sorting and review summaries to a vision of what travel planning could look like when chat-based search meets marketplace precision. Larry's thoughtful, humble, and sharp — a rare mix of brand soul and analytical rigor — and in this conversation, you'll hear exactly how one of the most iconic names in alternative accommodations plans to redefine trust and loyalty in the years ahead. So grab your coffee, settle in, and enjoy this special conversation with Larry Plawsky, SVP and General Manager of Vrbo, right here on Behind the Stays. Behind the Stays is brought to you by Journey — a first-of-its-kind loyalty program that brings together an alliance of the world's top independently owned and operated stays and allows travelers to earn points and perks on boutique hotels, vacation rentals, treehouses, ski chalets, glamping experiences and so much more. Your host is Zach Busekrus, Head of the Journey Alliance. If you are a hospitality entrepreneur who has a stay, or a collection of stays with soul, we'd love for you to apply to join our Alliance at journey.com/alliance.
BabyQuip helps families travel lighter by delivering clean, vetted baby gear—like cribs, car seats, and strollers—right to your hotel or vacation rental. CEO Fran Maier (co-founder of Match.com) shares how the company hit its first profitable quarter and keeps growing through strong word of mouth and a new Vrbo partnership that puts BabyQuip in front of more travelers. The team is also expanding beyond baby gear into beach, pet, and mobility equipment under the GoQuip brand to serve seniors and people with disabilities. We dig into how the marketplace works (trusted local providers, insurance, and safety standards), why partnerships are the biggest growth lever, and where BabyQuip is headed next—including selective international expansion and deeper integrations with travel platforms. Chapters00:00 Why BabyQuip (and why now)01:00 Fran's track record & revenue trajectory02:19 Profitability & Q3 inflection03:33 Vrbo partnership—scope & impact04:55 Beyond baby: beach, pet & GoQuip mobility05:55 Growth mix: organic/direct ≈ 68%06:45 Marketplace unit economics (take rate, churn, AOV)08:06 International & airport/car-seat opportunities09:12 Provider network, insurance, safety moats10:30 Capital plan: $3M to scale partnerships & GoQuip11:40 Big-picture TAM and long-term scale targets13:00 Closing & how to invest
Platform promotions are everywhere right now, but are they actually helping your short-term rental business, or just draining your profits? In this episode, we dig into the truth behind Airbnb, VRBO, and Booking.com discounts, uncovering how they work and how you can use them strategically without sacrificing revenue. Learn how to stand out in search results without slashing your nightly rate. What You'll Learn in This Episode: • How Airbnb's early bird, last-minute, and length-of-stay discounts really impact visibility • The "new listing" discount every OTA is pushing—and whether you should use it • Why dynamic pricing tools miss these promotions and how to avoid double discounts • Booking.com's loyalty Genius Program and how it compares to Airbnb or VRBO • A pro hack using PMS channel markups to gain visibility without lowering your prices If you've been unsure about whether OTA discounts are worth it, this episode brings clarity and strategy. Learn how to work the system—without letting it work you. Don't forget to subscribe, share, and check the links below for free tools to help you scale your rental income the smart way. Resource Links: Check out our videos on YouTube: https://www.youtube.com/@ShortTermRentalRiches Grab your free management eBook: https://strriches.com/#tools-resources Looking to earn more with your property (without the headaches)? Chat with our expert management team: https://strriches.com/management-services/
This week's Wealth Formula Podcast features an interview with a tax attorney. While I'm not a tax professional myself, I want to drill down on something we touched on briefly that is incredibly relevant to many of you: the so-called short-term rental loophole. If I were a high-earning W-2 wage earner, this would be at the top of my list to implement—and I know many of you are already doing it. The short-term rental loophole is one of those quirks in the tax code that most people don't even know exists, but once you do, it can be a total game-changer. Here's why. Normally, when you buy a rental property, depreciation losses can't offset your W-2 income. They're considered passive, and they stay stuck in that bucket. But short-term rentals—Airbnb, VRBO, whatever—work differently. If the average stay is seven days or less and you materially participate, the IRS doesn't classify it as passive. It becomes an active business. That means the paper losses you generate can offset your ordinary income, even from your day job. Normally, you'd need a real estate professional status to get that benefit. This is the one situation where you don't. So let's walk through how it works. When you buy a residential property, the IRS requires you to depreciate the structure—the walls, roof, foundation—over 27½ years. On a million-dollar property, that's about $36,000 a year. It's a slow drip. A cost segregation study changes that. Instead of treating the property as one block of concrete and wood, it carves out the parts that don't last 27 years. Furniture, carpet, appliances, cabinets, and even ceiling fans—those are considered 5-year property. In other words, you can depreciate them much faster. Now add bonus depreciation. Instead of spreading those 5-year assets out over five years, the current rules let you write off most of them all at once in year one. Here's the example. You buy a $1,000,000 short-term rental and finance it at 70 percent loan-to-value. That means you put in $300,000 cash and borrow $700,000. A cost seg often shows about 30 percent of the property—roughly $300,000—is 5-year personal property. Thanks to bonus depreciation, you deduct that entire $300,000 immediately. So you put in $300,000 cash, and you got a $300,000 paper loss in the same year. In practical terms, you just deducted your entire down payment against your taxable income. This is what real estate professionals do all the time and why they often end up with no tax liability at all. In this case, it works for you as a W2 wage earner. And for that reason, I think its one of the most powerful tools out there for high paid professionals that is grossly underutilized. Remember, the biggest expense for most people is the amount of tax they pay—especially W2 wage earners. This strategy lets you use money you would otherwise pay the IRS to build a cash-flowing asset for yourself. Listen to this week's Wealth Formula Podcast to learn other ways to legally pay less tax!
What happens in Vegas doesn't stay in Vegas this time. Jamie Lane and Scott Sage are back from the VRMA conference with powerful insights shaping the future of short-term rentals—from the rise of AI tools to why “national is dead and local is king.” They unpack the data behind what's really driving property manager success today—and what's holding others back.In this episode, Jamie reveals new AirDNA research showing a major divide between top-performing property managers and the rest: those with review scores above 4.7 are keeping clients, while those below are losing nearly a quarter of their portfolio. They also explore why small, hyper-local co-hosts are thriving while national brands stall, and how a well-designed loyalty program can win repeat guests without relying on Airbnb or Vrbo.Later, they dig into the latest STR data—muted summer demand, shifting guest behavior, and the surprising 40% surge in New Year's bookings driven by holiday timing. Plus: a PSA every host using a PMS on Airbnb needs to hear before October 27th. Key Takeaways AI is already transforming hosting: Innovative tools are boosting communication scores and guest experiences, even before Airbnb or Vrbo roll out their own versions.The 4.7 Rule: Property managers with review scores below 4.7 now face double the churn rate (24%) of top performers—quality is retention.Local > National: Hyper-local operators managing 6–20 properties are growing fastest, proving proximity and personal touch beat big-brand scale.DIY Loyalty Works: Local managers can build profitable loyalty programs that attract repeat guests—no need to wait for OTA initiatives.Holiday & Market Insights: Expect strong end-of-year demand, a 40% New Year's Eve surge, and higher bookings in World Cup host cities next summer.Sign up for AirDNA for FREE
Today, we talk about how the Airbnb at the Holler Hub became a real revenue stream — what's working, what isn't, and what we've learned along the way. If you've ever thought about turning a space on your property into income, this one's for you. We'll also cover our usual Monday segments. Featured Event Farm to Table Dinner Friday, November 15 Basecamp Lodge, Lancaster, TN Join us for an unforgettable evening featuring a full-course dinner sourced entirely from Tennessee farms. Real, local food, cooked from scratch, and shared in community. Sponsors AgoristTaxAdvice.com/LFTN – Helping entrepreneurs, homesteaders, and freedom-minded folks handle taxes the smart way. StrongRootsResources.com – Homestead design, consulting, and high-quality plants to help you build resilient systems that last. LFTN Stocking Exchange Time is running out to sign up! We'll assign your Secret Stocking Santa on November 1, so don't miss out on this fun community tradition. Sign Up Here Tales from the Prepper Pantry Lambs came in, lambs went out! Processing and rotation are in full swing. Time to harvest the sweet potatoes. The restackening of the firewood has begun — getting ready for cold weather. Starting to tap into the canned goods, especially green beans. Made powdered sugar from regular sugar after realizing I forgot to buy it. Frugality Tip I like a little lemon juice in my water. Some of those bottles pour out like a waterfall, which is wasteful and makes something I do not want to drink. So this is a hack and a tip in one. The cap from Worcestershire sauce bottles fits on a lot of other things, including every lemon juice bottle I have purchased. So keep the lids that help you regulate the amount of "stuff" coming out of a bottle so you do not end up wasting product. Happy savings y'all ~Margo Operation Independence The Airbnb has been renting well since we got back from SRF! It's great to see the Basecamp space generate steady revenue while serving the broader Holler Hub vision. Main Topic: Airbnb Revenue Stream – Lessons Learned Every property should have a purpose, not just be a payment. Turning Space Into a System The Airbnb wasn't about renting space — it was about keeping the Basecamp Lodge working for the mission. Formerly a long-term rental ($1,600/month). Now a flexible, short-term system that: Generates income when not used for training. Brings new people into the Holler Hub community. Connects us to potential partners and collaborators. Tools like Airbnb and VRBO open us to audiences beyond LFTN, expanding both reach and opportunity. What's Working Booked every available weekend in October by opening to tourists during fall travel season. Earned ~$650 in October while still hosting events — a deliberate tradeoff between revenue and flexibility. Low cleaning fee + clear expectations → relaxed guests and repeat visitors. Purposefully low nightly rate to earn initial 5-star reviews and build credibility. Making meaningful connections with guests — one couple with 10 glampers in California, another moving to Tennessee for homesteading. Where It Got Messy One guest left it a wreck → 8 hours of cleanup. Result: added language about cleaning expectations. Next step: keep a vacuum for pet-friendly stays. “Clean beats new every time.” Set boundaries early: check-out policies, no parties, pet rules. Pricing & Positioning Set nightly rate (~$100) based on $3,000/month gross goal if fully booked. Kept pricing low to reflect the space (one usable bedroom, not remodeled). Using Airbnb's automated pricing to test how it behaves during peak season. Cleaning service quote revealed current pricing barely covers costs — future plan to add modest cleaning fee. Focus remains on mission-aligned guests first, not just volume bookings. Systems That Keep It Running Reset takes 45–60 minutes; double linens to avoid bottlenecks. Pet stays add 1 hour for vacuuming and extra laundry. Critical practice: always start cleaning immediately after checkout to stay ready for last-minute bookings. Personal touch: greet guests, tell the Holler Hub story, collect feedback, and build relationships. How to Apply It Don't build the Taj-Ma-Rental — start minimum viable and test. Clean trumps new every time. The biggest mindset shift: being comfortable letting strangers on your land. Most people with bad intentions aren't paying hundreds to sleep in your barn. Reality Check Short-term rentals aren't easy money there's always time involved: Responding to messages, building a guidebook, handling maintenance. Be available when problems arise — or you'll hate the process. The fast reset is key: handle the “yucky” stuff early so it never piles up. What's Next Goal: book events at Basecamp that aren't led by you — already in the works. Next expansion: a miner's cabin/tent rental to diversify the property's offerings. Each step builds toward the broader Holler Hub vision — systems that connect people, sustain the land, and generate reliable income. Every property should have a purpose, not just a payment. Make it a great week. Make it a great week. GUYS! Don't forget about the cookbook, Cook With What You Have by Nicole Sauce and Mama Sauce. Community Follow me on Nostr: npub1u2vu695j5wfnxsxpwpth2jnzwxx5fat7vc63eth07dez9arnrezsdeafsv Mewe Group: https://mewe.com/join/lftn Telegram Group: https://t.me/LFTNGroup Odysee: https://odysee.com/$/invite/@livingfree:b Resources Membership Sign Up Holler Roast Coffee Harvest Right Affiliate Link
What's up everyone, today we have the pleasure of sitting down with Angela Vega, Director, Capabilities and Operations at Expedia Group.(00:00) - Intro (01:18) - In This Episode (04:55) - Building an ADHD Techstack (11:11) - Why ADHD Shapes Better Decision-Making in Marketing Operations (19:06) - How to Turn ADHD Patterns Into Martech Leadership Strengths (23:38) - Why ADHD Helps Marketers Build Better Systems (31:25) - Building a Bridge Between Strategy and Execution in Marketing Ops (37:21) - Execution Defines Whether Ideas Live or Die (41:19) - Why Recent Execution Experience Builds Better Marketing Leaders (46:09) - How to Build Discernment in Martech Leadership (52:52) - Energy Economics for Marketing Ops Leaders (01:00:39) - How to Build a Personal Growth Formula in Marketing Leadership Summary: Angela built her ADHD tech stack as a way to survive the noise in her own head, turning distraction into design. Her workflow (Offload, Shape, Prototype, Loop, and Anchor) channels restless thought into motion through AI tools like Whisper and GPT. After her second pregnancy and a diagnosis that reframed her chaos, Angela stopped fighting her wiring and built systems that worked with it. Her fast, pattern-driven brain now thrives in marketing operations, where complexity rewards connection. She reads emotion like data, earning trust through clarity and transparency, and reminds leaders that execution, not strategy decks, moves companies forward. These days she measures success in energy and her mantra is “It's just marketing, we're not in the ER”.About AngelaAngela Vega has spent over 13 years in FinTech, health, and travel, she has unified global martech stacks, accelerated execution ninefold, and led CRM for Expedia, Vrbo, and Hotels.com, supporting over a billion monthly customer interactions. Her leadership grows both teams and ideas. She blends creative intuition with operational rigor, translating insight into systems that last. As a late-diagnosed ADHD professional, she experiments with AI to help neurodivergent leaders thrive, proving that marketing can be both human and scalable.Building an ADHD TechstackAngela built her ADHD Tech Stack to make her brain an ally instead of a hurdle. The system blends ADHD science with AI practicality, turning common executive function challenges into structured momentum. Each part of her workflow (Offload, Shape, Prototype, Loop, and Anchor) acts as a circuit for channeling mental noise into clarity. It is both a workflow and a survival strategy for people who juggle too many tabs at once, whether they are digital or mental.Her starting point came from frustration. Lists, sticky notes, and phone alarms worked for a while but always hit a ceiling. The real struggle was never remembering to do things but figuring out where to start. Executive function is about getting from idea to action, and for ADHD professionals, that gap can feel massive. Angela found her bridge in AI tools that could listen, capture, and organize her thinking in real time. Whisper transcribes her thoughts. GPT shapes them into frameworks. Gemini helps her plan and communicate with clarity.“I talk out loud all the time. Instead of saying things into the abyss, I say them into AI,” Angela said. “One system holds my to-dos, another handles updates for my boss, and another helps me break big goals into smaller steps.”Her stack follows five steps that anyone can adapt:Offload: Speak or type ideas into AI to clear mental clutter.Shape: Ask AI to sort and group ideas into logical categories.Prototype: Turn thoughts into quick drafts or mockups to trigger dopamine and action.Loop: Use AI for feedback, reflection, and gentle nudges that replace self-criticism.Anchor: Set reminders, templates, and adaptive systems that help you return to projects smoothly.Angela's framework works because it aligns tools with real human behavior instead of forcing people into rigid systems. The design rewards momentum over perfection. It gives permission to think out loud, change direction, and experiment without shame. Every ADHD brain operates differently, so every system should too. AI's flexibility makes that possible by turning scattered thoughts into structured workflows without losing the spark that drives creativity.Key takeaway: Treat productivity as a design challenge, not a discipline test. Use AI to capture ideas before they vanish, shape them into usable form, and build adaptive anchors that forgive interruptions. That way you can create a personal martech system that channels ADHD energy into consistent output, steady progress, and fewer moments of paralysis.Why ADHD Shapes Better Decision-Making in Marketing OperationsADHD rewires how people handle complexity, and marketing operations thrive on complexity. Angela discovered that her diagnosis reframed everything about her work and leadership. Years of restless multitasking, late-night thought spirals, and endless side projects suddenly made sense. Her mind was not unfocused. It was constantly building new connections, scanning for patterns, and searching for stimulation that most work environments suppress.Her diagnosis arrived during a storm of personal and professional change. After her second pregnancy, her coping systems stopped working. Therapy no longer grounded her, medication clashed with her body, and grief from losing her father-in-law blurred her focus. Meanwhile, the pressure at work continued to grow. Leadership demanded stability while her world spun faster each week. Reaching for help was not an act of surrender. It was a recalibration of survival.“I have a lot of thoughts in my head. It's sometimes super hard to fall asleep. I think of the twenty things that might go wrong and the hundred hobbies I have,” Angela said.When testing confirmed ADHD combined type, disbelief gave way to validation. The diagnosis gave shape to her chaos. She stopped labeling her quirks as flaws and started understanding them as traits with purpose. Her curiosity was a strength, not a distraction. Her brain thrived in dynamic systems where rules shifted and creativity met precision. That explained her pull toward marketing operations, where nothing stays still and every campaign or data sync has moving parts that need decoding.Angela began building systems that complemented her wiring instead of fighting against it. She used visual workflows to clear mental clutter, broke large tasks into tight sprints, and surrounded herself with teammates who balanced her energy with structure. ADHD did not make her less capable. It made her more adaptive. In a field that rewards fast problem-solving and parallel thinking, her mind became her greatest operational advantage.Key takeaway: ADHD changes how leaders process and prioritize information, and awareness turns that difference into strategy. Identify where your energy peaks and build workflows around those cycles. Use external systems to store what your brain refuses to hold. Protect deep-focus windows instead of forcing consistency. The goal is not to tame your wiring but to design with it, that way you can turn what once felt chaotic into sustainable momentum.How to Turn ADHD Patterns Into Martech Leadership StrengthsADHD often gets framed as distraction, but in martech leadership, it can function as accelerated pattern recognition. Angela's brain fires fast. She sees connections before most people finish explaining the problem. “I can jump from one topic to another pretty quickly because in my mind I've already created the five c...
If your calendar looks emptier than usual this October, you're not alone. 2025 has been one of the toughest years for short-term rental owners in recent memory — occupancy rates are down across nearly every market.In this episode, I break down exactly why bookings have slowed and what you can do right now to protect your cash flow, attract bookings, and stay profitable through the storm.I cover:✅ The real data behind October's drop in demand✅ Why price cuts alone won't fix your occupancy problem✅ How to audit your listing and stand out in an oversupplied market✅ Smarter ways to run promos, reduce fees, and increase value perception✅ The mindset every serious host needs to survive this market cycleWhether you manage one property or fifty, this episode will help you adjust, adapt, and thrive when others panic.
Today in Dear Jordana we get a special voice message from Alan in Roseville, the importance of marrying a chivalrous man, and more as Dear Jordana answers your tough questions!
If you've ever wondered how to profit from real estate without jumping through short-term rental hoops, this episode is for you. CEO of Furnish Finder, Jeff Hurst, shares how midterm rentals are solving affordability and regulatory issues—and why they're becoming one of the hottest trends in housing. Get ready to rethink your rental strategy. • Discover how Furnish Finder is quietly dominating the 30+ day rental space—more listings than Airbnb for monthly stays! • Why midterm rentals are booming—and what tenant types are driving demand in 2025. • Jeff Hurst's insider take on why Airbnb-style platforms miss the mark on midterm stays. • How to scale profitably with less turnover, more stability, and fewer regulations. • Pro tips to price and manage midterm rentals like a pro (and avoid costly gaps). If you're serious about sustainable rental income in today's economy, this episode is a must-listen. Jeff brings deep insight from years at Expedia and VRBO, now focused on the booming midterm rental space. Share this episode, leave a review, and stay tuned for more expert strategies. Check out our videos on YouTube: https://www.youtube.com/@ShortTermRentalRiches Grab your free management eBook: https://strriches.com/#tools-resources Looking to earn more with your property (without the headaches)? Chat with our expert management team: https://strriches.com/management-services/
DuPage County could soon expand its rental rules to include short-term stays like those offered on Airbnb and Vrbo.
DuPage County could soon expand its rental rules to include short-term stays like those offered on Airbnb and Vrbo.
DuPage County could soon expand its rental rules to include short-term stays like those offered on Airbnb and Vrbo.
Today we're talking about Airbnb, VRBO and the dark side of the whole short term rental industry as a whole. This is The Dark Side of Airbnb: Terrifying Vacation Rental Stories
Delta posted record Q3 revenue on strong premium demand and loyalty growth, with profit up 11% and American Express co-brand proceeds up 12%, a sharp turnaround after tariff uncertainty earlier in the year led it to pull 2025 guidance. Hotels.com launched “Save Your Way,” letting Expedia Group OneKey members take instant discounts or bank rewards for later across Hotels.com, Expedia, or Vrbo—a simple, flexible perk proving especially popular with business travelers. The Michelin Guide expanded its hotel “key” ratings beyond major gateways, awarding 1,000+ properties based on design, service, personality, value, and location, though some in luxury hospitality see the move as late amid award fatigue. Connect with Skift LinkedIn: https://www.linkedin.com/company/skift/ WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/ Facebook: https://facebook.com/skiftnews Instagram: https://www.instagram.com/skiftnews/ Threads: https://www.threads.net/@skiftnews Bluesky: https://bsky.app/profile/skiftnews.bsky.social X: https://twitter.com/skift Subscribe to @SkiftNews and never miss an update from the travel industry.
The vacation rental landscape is evolving fast — and Vrbo's taking bold steps to redefine what “success” means in this new era. In this episode, Jamie Lane sits down with Tim Rosolio, VP of Vacation Rental Partnerships at Expedia Group, to explore how Vrbo is prioritizing quality over quantity, building stronger demand through Expedia's massive network, and integrating cutting-edge AI tools to improve the booking journey for guests and hosts alike.Tim shares an inside look at Vrbo's journey from HomeAway's early subscription days to today's global platform, explaining how the industry's supply boom has reshaped what travelers expect — and what property managers need to deliver. From AI-powered review summaries to the “One Key” loyalty program bridging hotels and vacation rentals, this conversation unpacks the biggest levers shaping the next phase of STR growth.Whether you're managing one property or a thousand, you'll walk away with insights to future-proof your business in an increasingly competitive market.Don't miss this one — it's packed with an insider's perspective you won't find anywhere else. Key Takeaways
Your retreat venue can make or break your entire event—so how do you choose the right one, avoid costly mistakes, and ensure a five-star experience for your guests? In this episode of How to Run Profitable Retreats, I'm joined by Shannon Jamail, founder of Retreat Ranch, therapist, retreat mentor, and host of The Retreat Leader's Podcast. Shannon owns a 46-acre retreat property in Texas and has hosted transformational retreats for over a decade. She shares her insider knowledge—both as a venue owner and as a retreat leader—on exactly what to consider before signing that venue contract. This is a must-listen for first-time and seasoned retreat hosts alike.
Well, you're retired. Now what? Some people subscribe to the “first year rule” which says that the majority of your best retirement months will all take place in the first year of retirement. So how can you be strategic during that first year and set the tone in the right way, both emotionally and financially? Helpful Information: PFG Website: https://www.pfgprivatewealth.com/ Contact: 813-286-7776 Email: info@pfgprivatewealth.com Disclaimer: PFG Private Wealth Management, LLC is an SEC Registered Investment Advisor. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. The topics and information discussed during this podcast are not intended to provide tax or legal advice. Investments involve risk, and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial advisor and/or tax professional before implementing any strategy discussed on this podcast. Past performance is not indicative of future performance. Insurance products and services are offered and sold through individually licensed and appointed insurance agents. Marc Killian: Well, you're retired. Now what? Some people subscribe to the first year rule, which says that the majority of your best retirement months will take place in that first year. So how can we be strategic during the first year and set the tone the right way, both emotionally and financially? Let's talk about it this week here on Retirement Planning Redefined. Hey everybody, welcome in once again to another edition of the podcast with John and Nick from PFG Private Wealth, as we talk about the five must do categories in year one, or things at least to be thinking about when we get to that first year of retirement. John and Nick have helped many families get to and through retirement, so it's a good conversation for us to have and get some insight from the fellows this week. If you need some help, go to pfgprivatewealth.com. That's pfgprivatewealth.com. Nick, what's going on, buddy? How are you? Nick: Good, good. Just staying busy. Can't believe it's already almost October, so time flies. Marc Killian: Yeah. By the time we drop this, it might be closer to November, so time definitely flies for sure. John, my friend, how are you doing? Are you hanging in there with the family? John: Yeah, doing well, doing well. Family's good, the girls are getting back into gymnastics, I'm trying to get them into basketball, so having some fun. Marc Killian: Okay, nice. John: Got some solar panels put up on the house before the tax credit goes away, and I'm excited to try those out, I'll keep you posted. Marc Killian: Nice. Yeah, look at that, being efficient. So share some of that information with the listeners out there in case they want to, because that's a great point, the tax credit may be going away, I think pretty soon, so maybe something worthwhile. John: Yes, end of the year. Marc Killian: Yeah. Well, let's get into this first year conversation, guys. We'll start with some financial, then we'll transition to the more touchy-feely side of things, although it's not that touchy-feely, it's just important stuff to think about. But I guess you've got to learn how to adapt, that's going to be probably the overarching theme, that first year is a heck of a gear change from the working life to the retired life, so learn how to adjust financially, I suppose. John, you want to start? John: Yeah. So the first few years, I'd have to say, are typically the most difficult for retirees to adjust. I just had a meeting actually yesterday, and the person did a great job saving, actually had a pension, good retirement accounts, and there was this fear of how much should I be spending, what should I be doing? So it was that one month, two month shock of, all right, how do I get a paycheck and what should I be doing with my time? So it's important to take a look at what was on your bucket list, what do you want to accomplish, and like we say with anything, and I know Nick's going to jump into this a little bit more, what's your strategy for income moving forward? Nick: Yeah. Especially the first year, clients tend to break into A or B as far as the structure of how they like income. So for example, we'll go through the exercise, get the expenses on paper, go through the plan so we've got a pretty good idea of what the expenses are going to look like, and then create their distribution schedule for the first year. And some people like to look at the numbers and say, let's just say that their number works out to them needing income from their investments at 8,000 a month, so some of them, and it's interesting because you kind of see the mindset, some of them will start to say, "All right, well, hey, we built in a bunch of buffers in there, I want to make sure we're not spending too much money, so let's start at 6,000 a month and let's see how that plays out over the first year." And so, one of the first questions that John and I will ask them is, "Will that prevent you from having any fun or doing any of the things that you want to do?" And if it will, then we'll oftentimes suggest that they do the 8,000, and then let's review it at the end of the year and see, hey, did savings go up, did savings go down over that period of time? Marc Killian: Yeah, that makes sense, because people will often say, "Hey, let me retire on less just so I can make the numbers work," and then it's like, well, maybe you should try that for a few months too, maybe even while you're still working. Nick: Yeah. We really look at that first year as the test period, and even to the extent a suggestion that we'll make is, especially if they've got maybe multiple credit cards they've used for different things, "Hey, consolidate the house down to one card, you can have the same account for both of you, put all your expenses on there so it's easy for us to track. We'll do a data dump at the end of the year, seeing where the money's actually going." And then, all we've got to do is we look at, all right, the total withdrawals that we took, did the savings go up or did it go down? And we look at the report on that credit card, and then we can mirror the expenses moving forward on that, and we use that as a test drive. Others would say, "Hey, no, I feel very comfortable, I'll still do the things that you want to do. As long as you're okay with me sending you an email and saying, 'Hey, we need 10,000 for a trip,' I'd rather manage the day-to-day expenses coming from that lower amount. And then, if we need bigger chunks to come out for different specific reasons, then we'll just message you and have you send the money." Marc Killian: Yeah, that's a great point. So that first two pieces, really, these five things we're talking about is you've got to learn how to adapt, learn how to adjust financially to that gear change, and then establish that income plan with that withdrawal strategy so that you're giving yourself the salary really is what I'm hearing, Nick. So some people... Because I was talking with somebody not too long ago about this and they were like, "My wife is super frugal, and so she's scared in that first year to spend anything." And I talked to them a little later on, and it was like, "Yeah, after seeing the salary come in from the nest egg every two weeks or once a month or whatever it was, after a couple of months, she got comfortable." "Okay, well, now we can roll, now I feel better about spending." So that's a great point on how to just watch that over that first year. All right. So then, John, then I guess the next piece would be to maybe start to shift a little bit and start thinking about the purpose. Again, we talk about this being a gear shift in that first year, you're working, you've got your job, you've got your career, many people are all about who they are at work, so what are you retiring to? What is your purpose in retirement? That's a struggle for folks. John: It is, it is, because you're trying to figure out, where do I fit now? Marc Killian: Who am I now, kind of thing? John: Yeah. I can tell you where my parents fit, they fit watching my kids, which they tend to enjoy, so that's where some grandparents are. Marc Killian: That's where many are, sure, yeah. John: [inaudible 00:06:27] conversations that Nick and I have, it's like, "Hey, I'm going to spend some time with the grandkids and take them on vacations and watch them," so that's perfectly fine and that's where some people do find where they want to start going. We have others where they look at the first 10 years of retirement as these are the years we're going to go travel and do the things we really want to do while we're healthy enough to do it, whether it's go sightseeing, go to national parks, you're going to have more energy, you can go hiking, you can do things like that, so that could be the purpose is just enjoying the next five to 10 years of really doing some physical activity vacations. Then we have some others that will join some charities that they had an affinity towards, but now they have more time to volunteer and dedicate some time to or build something or just some hobbies. I think Nick, in our classes, does a great job of talking about some different activities people can get into and some resources of now what, what do you do now when it's not time to go to work anymore? Marc Killian: Right, yep. John: I'd say the most important thing is just building a routine, so you have a purpose, you have things to do, so you're not just sitting around watching the news all day, driving yourself crazy, because I'll tell you, I think I spent... One time, I wasn't feeling too well, so I had to take a break, I put on the news and I'm like, "Uh-uh, I can't do this." Marc Killian: No. And if you're doing that with a stock ticker or any of those financial shows, that is not good either. As a person with ticker problems of my own, that's the last thing I want to watch on a daily basis is the stock ticker. So Nick, he set you up for this next one, really the fourth piece is take stock of your health. It's the perfect time in that first year, if you didn't have time to maybe better your health as your career was winding down, man, get on it that first year retirement so you can do the go-go stuff. Nick: Yeah. And a couple of things, and I'll actually bridge the purpose one and then the health almost from a mental health standpoint, one thing that I've realized recently, and even a little bit with my parents, especially because we're down here in Florida and so many people here are from somewhere else and they've got siblings, kids, whatever, in other areas... I had a conversation with my mom maybe two weekends ago, and her older brother was going to turn 70, he's still up in Rochester, and she was thinking about going up for the birthday to get together, see my grandmother, see family, all that kind of stuff, and then she started complaining about the plane ticket. And I was like, "What are we talking about, $70? Is it $70 more than you thought it was going to be?" Which now is dinner at Chipotle. So the- John: Don't get me started on it, Nick, I just had dinner at Chipotle and it was about $70. Nick: Yeah, it comes from somewhere. And the point being is oftentimes when people have moved away, they're used to the day-to-day, they're used to working, they live within their means, they're frugal with their money, they've come to a peace and understanding of, hey, I'm not going to see my family that live in different parts of the country as much, that's just part of how it is, all these sorts of things. And a one-week trip or a five-day trip or just going for a weekend, these little trips and times that you can go and spend and make memories with people oftentimes put you in a much better mindset, from a mental health standpoint, from a, hey, feeling more purpose, like, okay, yeah, I can do these things, I can spend those important times, because... And what I told her was, "You're not going to remember the $70 in six months, you're going to remember the time that you spent at the party, so just go and do it." And so, doing those things are important. I would say one of the biggest positives that I'll see people do for their health as they transition into retirement is having a dog, from the social aspect, from the exercise aspect, getting out, seeing people. I think these days, the kids call it touching grass, and just there's a social aspect to it where you're interacting, because it's funny how an eight-hour day can go by quicker sitting at home on the computer or watching TV than it did when you were going to the office. Marc Killian: Yeah. And as an animal lover in that regard too, it certainly can help that population, so adopting a dog or whatever can go a long way to helping that kind of stuff, just because you've got the time now. So if you're in the right position to take care of one, that's a great way to have some... Don't be like my in-laws, my in-laws did it and they barely spent any time with the dog, so don't be that way. Do it if you're going to do it, do it right. But that's a great point. Nick: Yeah. And maybe the concern is by getting a dog that you're worried that it'll prevent you from travel or doing different things, so number one, oftentimes there's options for that, doggy daycare, all that kind of stuff, or number two is maybe it really isn't a good fit to get a dog. Marc Killian: Maybe not, right. Nick: But I can tell you there's all sorts of charity, diving into the charity aspect, where I've got friends and/or clients that will go and walk dogs at- Marc Killian: Volunteer, yeah. Nick: Yeah, volunteer, go walk the dogs for a day, you're sure to come home in a better mood, that sort of thing. So yeah, there's opportunities. We used to joke, kids and dogs, for the most part, even if they're not your own, usually those are things that people will like and you'll feel better. Marc Killian: And that's why they're cute, because that way, you don't take them out when they're little. Keep them cute, right, John? All right, John, last piece here real quick, so basically just what I'm hearing is the fifth piece is just test drive the plans, whatever they might be, whether it's a downsizing conversation or relocating or doing the snowbird thing or living on less, whatever's potentially on your radar, test drive it out, and that way, you've got a long-term plan that you have now vetted it a little bit. John: Yeah, that's really important. I think we talked about that a little bit at the beginning, is just the first year as an experiment to figure out what makes sense, what is your spending going to be, how are you adapting to that paycheck? To give you some examples of what we've seen, where people may want to move to a different area, and it's, hey, why don't you spend a summer there, do a Vrbo for two or three months and see if you like it before you make a big move? Because I'll tell you, from things we've seen, you might make a move, there's a lot of cost to moving and buying something, closing costs, furniture, and all of a sudden, it's like, hey, this isn't for me. It's hard to adjust to those mistakes, so just do a trial run of things. If you can afford it, definitely do it. And even if you can't afford it, just try to figure out a way to do the trial run before you make it permanent. Marc Killian: Yeah, don't buy the $70,000 RV if you're only going to like the RV life for about a month, maybe just rent one first and see how you like it. John: Exactly, yeah. If you find out, hey, after about six hours of driving, I can't really take this, or parking this thing, I'm hitting things. Marc Killian: Exactly. John: You've got to figure out exactly what works for you and what doesn't, and can't stress that enough is that do your plan, try things out and figure out what makes sense. Marc Killian: Indeed. Well, the habits, the routines, the choices you make early in retirement will echo through the remaining years as they roll down, so be intentional with your strategy and get a strategy. Reach out to John and Nick and get started today at PFG Private Wealth, that's pfgprivatewealth.com, and get some time onto the calendar, subscribe to the podcast, all that good stuff, so that you catch new episodes when they come out. But certainly, you want to talk about your unique situation, so reach out to them again at pfgprivatewealth.com for John and Nick. I'm your host, Marc Killian. We'll see you next time here on Retirement Planning Redefined. Have a great day.
Airbnb's shifting fee structure is shaking hosts, but the real issue goes deeper—pricing psychology, guest behavior, and knowing your market.In this episode, Thibault shares actionable strategies that hosts can use to protect margins, win more bookings, and scale smarter.• Why Airbnb's new fee model has hosts freaking out• How to price for what guests see (not what you keep)• Tools like PriceLabs—and why they're useless without context• How European vs. U.S. guests think about fees differently• When to simplify pricing and present “one clean price”• The principles of occupancy, demand, and market alignment00:05:12 – 3 Pricing Foundations Every Host Must Know00:07:02 – Why Hosts Are Freaking Out About Airbnb Fees00:08:22 – The Real Reason Airbnb Changed Its Fees00:09:15 – The Only Price That Matters to Guests00:10:24 – Why “One Clean Price” Converts Better00:11:50 – Airbnb vs. Vrbo vs. Booking.com Costs Compared00:12:09 – How Airbnb Went From Host-Friendly to Guest-First00:24:50 – Are More Bookings Always Better?00:25:04 – AI + Pricing Strategy: Where the Future Is Headed00:25:22 – Who Owns Mistakes—You or the Machine?Guest Bio:Thibault Masson is the Head of Product Marketing at PriceLabs. His short-term rental journey started as a villa owner in Bali and St. Barts, which gave him firsthand insight into the opportunities and challenges of hosting. That passion for hospitality later brought him to Booking.com, where he worked on vacation rental strategy at a global scale, and inspired him to launch Rental Scale-Up as a platform for industry knowledge-sharing. Today at PriceLabs, Thibault brings together his experience as a host, tech marketer, and industry advocate to help property managers worldwide grow through smarter pricing and revenue management.Guest Link:https://www.linkedin.com/in/thibaultmassonGet FREE Access to our Community and Weekly Trainings:http://group.strsecrets.com/
Airbnb's shifting fee structure is shaking hosts, but the real issue goes deeper—pricing psychology, guest behavior, and knowing your market.In this episode, Thibault shares actionable strategies that hosts can use to protect margins, win more bookings, and scale smarter.• Why Airbnb's new fee model has hosts freaking out• How to price for what guests see (not what you keep)• Tools like PriceLabs—and why they're useless without context• How European vs. U.S. guests think about fees differently• When to simplify pricing and present “one clean price”• The principles of occupancy, demand, and market alignment00:05:12 – 3 Pricing Foundations Every Host Must Know00:07:02 – Why Hosts Are Freaking Out About Airbnb Fees00:08:22 – The Real Reason Airbnb Changed Its Fees00:09:15 – The Only Price That Matters to Guests00:10:24 – Why “One Clean Price” Converts Better00:11:50 – Airbnb vs. Vrbo vs. Booking.com Costs Compared00:12:09 – How Airbnb Went From Host-Friendly to Guest-First00:24:50 – Are More Bookings Always Better?00:25:04 – AI + Pricing Strategy: Where the Future Is Headed00:25:22 – Who Owns Mistakes—You or the Machine?Guest Bio:Thibault Masson is the Head of Product Marketing at PriceLabs. His short-term rental journey started as a villa owner in Bali and St. Barts, which gave him firsthand insight into the opportunities and challenges of hosting. That passion for hospitality later brought him to Booking.com, where he worked on vacation rental strategy at a global scale, and inspired him to launch Rental Scale-Up as a platform for industry knowledge-sharing. Today at PriceLabs, Thibault brings together his experience as a host, tech marketer, and industry advocate to help property managers worldwide grow through smarter pricing and revenue management.Guest Link:https://www.linkedin.com/in/thibaultmassonGet FREE Access to our Community and Weekly Trainings:http://group.strsecrets.com/
In this bold and thought-provoking episode, Heather sits down with Humphrey Bowles, the founder of Truvi and who has adopted the term "digital sharecropping" within the short-term rental industry. Together, they explore the illusion of entrepreneurship in the short-term rental world - especially when you build your business entirely on platforms like Airbnb, Vrbo, and Booking.com. Humphrey shares the powerful analogy behind digital sharecropping and breaks down what it really means to build a business you don't own. If you've ever questioned who really controls your guest relationships, your reviews, or even your ability to operate, this episode will hit home. From psychological burnout to platform dependency, from trust to true entrepreneurship, this is a conversation that every host and manager needs to hear.
We explore how Vrbo is deepening its integration within Expedia by expanding distribution, tying vacation rentals into the One Key loyalty program, and testing AI-powered reviews to meet global demand, while Hospitable takes a different path by raising $1.5 million from its own customers and employees to fuel AI innovation, platform reliability, and sustainable growth in short-term rental management.Are you new and want to start your own hospitality business?Join our Facebook groupFollow Boostly and join the discussion:YouTube LinkedInFacebookWant to know more about us? Visit our websiteStay informed and ahead of the curve with the latest insights and analysis.
Join Kyle Matthews as he welcomes Jeff Hurst, President and CEO of Furnished Finder, to the Matthews Mentality Podcast. In this insightful conversation, Jeff delves into the nuances of wealth, happiness, and the evolving landscape of flexible housing. Drawing from his extensive career in the travel and real estate industries, including leadership roles at Expedia and VRBO, Jeff shares invaluable lessons on career growth, financial discipline, and the future of midterm rentals. The episode offers a wealth of advice for both aspiring real estate investors and young professionals, including the importance of hard work, relationship-building, and taking calculated risks. Don't miss this episode packed with practical tips and inspirational stories!
Another day, another masterclass in awkward honesty courtesy of The Rizzuto Show. This week, the crew dives into the eternal mystery: how the hell do you actually know if someone's into you? Spoiler: apparently it involves secret triangles with your eyes, unnecessary elbow touching, and maybe staring at lips like a weirdo?! But the real highlight? Lern hits us with a story about her mom letting one rip right in front of her at a girl's weekend — and not the “oops, blame the chair squeak” kind. Nope, the kind that makes you reconsider ever making eye contact with your parent again. Listen now and prepare to be blown away… hopefully not the same way Lern was. Show Notes: Who won the Pick'em Challenge this week between the Rizz Show and the 101ESPN's Fast Lane? Moon's weekend review of Las Vegas. Lern's weekend review of Salem Mass. King Scott's weekend review being knighted by the Hives at White Castle. VRBO guest ‘permanently injured' by cockroach feces in coffee, lawsuit claims Six Flags St. Louis has 'no plans to close,' company says “That's so outta pocket”: Florida A&M band announcer Joe Bullard sparks outrage over calling Alabama State's Honey Beez “the new Face of Ozempic” Mother-of-two left with a broken neck after huge YAWN: 'I had a 50/50 chance of survival' Texas high school teacher shamelessly tells students she fed ‘ailing' kitten to class snake ‘Bio-baiting' is the latest toxic dating trend fooling singles: ‘Erodes trust' We Asked Boomers, Gen Xers, Millennials And Zoomers How To Flirt. Their Answers Were Surprising. Follow The Rizzuto Show @rizzshow on all your favorite social media, including YouTube, Facebook, Twitter, Instagram, TikTok, and more. Connect with The Rizzuto Show online at 1057thepoint.com/rizzSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
This week on Good Morning Hospitality, Michael Goldin, Brandreth Canaley, and Jamie Lane sit down with Tim Rosolio, VP of Partner Success at Vrbo, to unpack how Expedia Group's new distribution strategy is reshaping opportunities for vacation rental operators. From expanded visibility across Expedia platforms to the rollout of One Key, Merchant of Record, and new AI-driven features, the conversation explores what hosts and managers can expect as Vrbo integrates deeper into Expedia's ecosystem. We also cover how urban markets may benefit, what loyalty means for vacation rentals, and whether guest-uploaded photos and review summaries will help—or hurt—operators. This episode is brought to you by Guesty! Follow the Hosts: Brandy Canaley – LinkedIn Jamie Lane – LinkedIn Michael Goldin – LinkedIn Connect with Skift: LinkedIn: https://www.linkedin.com/company/skift/ WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/ Facebook: https://facebook.com/skiftnews Instagram: https://www.instagram.com/skiftnews/ Threads: https://www.threads.net/@skiftnews Bluesky: https://bsky.app/profile/skiftnews.bsky.social X: https://twitter.com/skift Subscribe to @SkiftNews and never miss an update from the travel industry. Learn more about your ad choices. Visit megaphone.fm/adchoices
Airbnb's new 15% fee structure has left property managers, cohosts, and homeowners asking the same question: who's really paying?In this episode, finance expert Ben Coons breaks down the numbers behind gross vs. net commission models—and what you must do to protect your margins.• Gross vs. net commission explained in plain English• How Airbnb's fee hits managers vs. homeowners• Why this change is different from Vrbo and Booking.com• Pricing adjustments to avoid eating the new fee• Commission stacking and where your money really goes• How to communicate fee changes to homeowners clearly• Key takeaways to stay profitable under the new systemCo-hosts and homeowners: want the real numbers on Airbnb's 15% fee? Click the link and DM us “SPREADSHEET” and we'll send you the file.Link: https://ig.me/m/mike.sjogren?utm_source=Podcast&utm_medium=Captivate&utm_campaign=T027&utm_content=Spreadsheet00:04:30 – Example Scenarios: Who Really Pays the Fee00:07:00 – Comparing Airbnb, Vrbo, and Booking.com00:11:30 – Impact on Gross Model Operators00:14:00 – Impact on Net Model Operators00:18:30 – The Homeowner's Point of View00:23:30 – Commission Stacking: The Hidden Cost00:26:00 – Pricing Adjustments to Stay Profitable00:29:00 – How to Communicate Fee Changes to Homeowners00:32:00 – Key Takeaways: Run the Numbers & Adapt EarlyGet FREE Access to our Community and Weekly Trainings:http://group.strsecrets.com/
Airbnb's new 15% fee structure has left property managers, cohosts, and homeowners asking the same question: who's really paying?In this episode, finance expert Ben Coons breaks down the numbers behind gross vs. net commission models—and what you must do to protect your margins.• Gross vs. net commission explained in plain English• How Airbnb's fee hits managers vs. homeowners• Why this change is different from Vrbo and Booking.com• Pricing adjustments to avoid eating the new fee• Commission stacking and where your money really goes• How to communicate fee changes to homeowners clearly• Key takeaways to stay profitable under the new systemCo-hosts and homeowners: want the real numbers on Airbnb's 15% fee? Click the link and DM us “SPREADSHEET” and we'll send you the file.Link: https://ig.me/m/mike.sjogren?utm_source=Podcast&utm_medium=Captivate&utm_campaign=T027&utm_content=Spreadsheet00:04:30 – Example Scenarios: Who Really Pays the Fee00:07:00 – Comparing Airbnb, Vrbo, and Booking.com00:11:30 – Impact on Gross Model Operators00:14:00 – Impact on Net Model Operators00:18:30 – The Homeowner's Point of View00:23:30 – Commission Stacking: The Hidden Cost00:26:00 – Pricing Adjustments to Stay Profitable00:29:00 – How to Communicate Fee Changes to Homeowners00:32:00 – Key Takeaways: Run the Numbers & Adapt EarlyGet FREE Access to our Community and Weekly Trainings:http://group.strsecrets.com/
Michael Goldin, Jamie Lane, and Wil Slickers unpack the biggest takeaways from Skift Global Forum and Vrbo's Connect conference while Brandreth Canaley is away preparing for her move to Boston. Jamie shares his perspective as a speaker at Vrbo's event, where Expedia Group announced major distribution expansion, stricter listing standards, and new host tools. The conversation also touches on Airbnb's tech overhaul and how these shifts are shaping competition, guest expectations, and host opportunities. Next week, Tim Rosolio, VP of Vacation Rental Partner Success, joins the show for a deeper dive into the changes happening at Vrbo.This episode is brought to you by Guesty! Learn more about your ad choices. Visit megaphone.fm/adchoices
The TSA is “looking aggressively at liquids,” signaling potential changes to the 3.4-ounce rule, while also preparing for a possible government shutdown. Expedia Group blamed sluggish U.S. demand for slow B2C growth (1%) even as B2B rose 17%, and expects Vrbo to reaccelerate via promotions and wider inventory sharing. Royal Caribbean says AI now underpins pricing and operations, helping cut waste by 50% across 69 ships and aligning with a shift toward multiple shorter trips. Expedia CEO: Slow Growth in Consumer Business Was Due to Sluggish U.S. Market TSA Is ‘Aggressively' Weighing Changes to Liquids Rule Royal Caribbean CEO: AI Now Manages 15 Million Price Points a Day Connect with Skift LinkedIn: https://www.linkedin.com/company/skift/ WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/ Facebook: https://facebook.com/skiftnews Instagram: https://www.instagram.com/skiftnews/ Threads: https://www.threads.net/@skiftnews Bluesky: https://bsky.app/profile/skiftnews.bsky.social X: https://twitter.com/skift Subscribe to @SkiftNews and never miss an update from the travel industry.
Every business transaction has hidden tax opportunities waiting to be discovered, if you know where to look. This week on the IC-DISC podcast, I spoke with Mike D'Onofrio from Engineered Tax Services, who's spent 17 years helping business owners maximize their tax strategies through engineering-based specialty tax services. Mike joined ETS after working in corporate M&A and private equity, where he first recognized the critical need for specialized tax expertise during business transitions, and what struck me about Mike's approach is how his firm combines professional engineering expertise with tax strategy to deliver comprehensive solutions. They handle everything from cost segregation studies and energy incentives to insurance optimization, processing hundreds of cost segregation studies weekly across every property type imaginable. Mike's philosophy centers on what he calls "HABU" - highest and best use - focusing on their core expertise while partnering with specialists like us for complementary strategies that create immediate opportunities for businesses to improve cash flow. The conversation reinforced something I've noticed across successful advisory relationships: the best results come from specialists who stay in their lane while building collaborative teams. Mike's emphasis on maintaining human intelligence alongside technology adoption resonated with my own experience that relationships still drive business success.     SHOW HIGHLIGHTS ETS processes hundreds of cost segregation studies weekly, from single-family rentals to NFL stadiums, proving tax strategies scale across all property types. The recent bonus depreciation bill plus R&D tax credit enhancements now allow 100% first-year expense capture, creating immediate cash flow opportunities. Mike's "HABU" principle (Highest And Best Use) drives their decision to stay specialized rather than compete with partners in overlapping services. Engineering expertise combined with tax strategy creates unique value—ETS knows roof types, electrical systems, and construction costs that insurance carriers demand. After recognizing insurance as clients' second biggest pain point after taxes, ETS launched a complementary insurance division leveraging existing property data. Mike advises his 25-year-old self to surround himself with people much smarter, crediting uncomfortable situations with experts as his greatest learning opportunities.   Contact Details LinkedIn - Mike D'Onofrio (https://www.linkedin.com/in/michaelfdonofrio/) LINKSShow Notes Be a Guest About IC-DISC Alliance About Engineered Tax Services Mike D'OnofrioAbout Mike TRANSCRIPT (AI transcript provided as supporting material and may contain errors) Dave: Good morning, Mike. Welcome to the podcast. Mike: Good morning, Dave. Great to be here with you today. Definitely. Dave: So where are you located at the moment? What part of the world are you in? Mike: Yeah, well, I'm in my home base today in Charlotte, North Carolina. Dave: Okay. Mike: Yeah. I've always liked Charlotte, a pretty part of the country. Charlotte's a beautiful place, man. I grew up in Cleveland, Ohio. Great school, high school, college, so I know the Midwest and I still love Cleveland, of course, a Browns fan and a Indians guardians fan and Cavs. But moved to South Florida right after that, right after college and was living in Fort Lauderdale and West Palm Beach, and we're still based there. Our corporate acres is there, but my wife and I had originally met in Charlotte, and we love the seasons. I love the ability to, I see those mountains in your background. I love the ability, we don't have the same type of mountains as you do, but love getting out to the Blue Ridge and Smoky Mountains, seeing the fall, the leaves, and can get to the beach, can drive down to Wilmington or Charleston in a couple hours. So we're right in the middle. We're bus to be here and have the Dave: Options. Yeah, it's a great location. You have four seasons and a slightly milder winter than Cleveland, Mike: That's for sure. It seems like winters have softened up a little bit in Cleveland, but man, I remember the mornings going out to the bus when I was a little kid with snow piled up over my head and the drifts up on the side of the house. I'll never forget those days. That was awesome. That was a real winter. But now in Charlotte, if we get a dusting of snow or a little bit of ice, it's usually gone by noon. Dave: Yeah. I was born and spent the first 13 years of my life in northwest Iowa and was the oldest of two boys. So I remember having to get up an hour early to go shovel the driveway just so mom and dad could get to work in that. So yeah, my saying is the worst Texas summer is still better than the best Northern Winter is my theory. Mike: You got it, man. High five to those of us that have shoveled snow driveways, walkways, figured out a snowblower with the chains on the wheels and all that fun stuff that comes with winter. Dave: So by some people's interpretation, we come from the same place because I've discovered people not from the Midwest, they think Ohio, Iowa, and Idaho are all the same place. Mike: Yeah, Dave: They're just all somewhere up there. Yes. It's up Mike: Somewhere up there in the Midwest. Folks like myself grew up in Ohio and Cleveland and Detroit and Chicago. I mean, definitely they think that's the heart of the Midwest, but they forget about the Midwest. Goes pretty far west. Right. Dave: It does. All the way to the mountains. So, well, let's get into it. So when did you join engineered tax services? Mike: Wow, it's been a big part of my life. Exciting journey. Like I said, after college I moved down to South Florida and my background was in more corporate m and a private equity working on the finance side of things in transactions, in private equity back in the day, they would call it kind of strategic intermediary work where we would either work on the buy side or sell side with the client. So I worked with a lot of clients and business owners that were maybe interested in transitioning out of their business. Maybe they were a food manufacturer or distributor. And interestingly enough, one of my mentors in life, his name is Bruce. Bruce was one of the first international CEOs with McDonald's corporation. Oh, really? Yeah, one of Ray Croc's, first five or six right hand key people. Before McDonald's had any international business, the first place that they went outside the US was to Latin America and the Caribbean. And I met Bruce in South Florida my early career, and we really saw an opportunity together, old school style, to go through his Rolodex and be like, man, I have a lot of relationships within the McDonald's and the finance ecosystem. So we started working with many different company owners, like I said, distributors, producers of different things, and we had some great success. And along the way I saw that there was really a need to understand specialty tax credit and incentives and strategies depending on who the client was, whether it was the seller of a company or a property or buyer of that was really to dig into the details of, Hey, what's the best way to make this transaction as tax efficient as possible? Tax was always the first pain point, either from the seller's point of view, maybe there was a big potential cap gain situation, how to structure that deal or from the buyer or investor's point of view, how to maybe capture some additional credits and incentives that they hadn't thought about, like research and development tax credits, or maybe there was a big piece of real estate or property involved in the transaction, like a manufacturing facility or office buildings or retail locations. So while digging in deeper in some of those transactions, I met Julio Gonzalez in Engineered Tax Services. She's going on 17, 18 years ago, and it was a small boutique firm at the time, engineered tax, and we were very focused on serving CPA firms nationally as that specialist. And I saw a great opportunity to really become a more diverse, focused specialist, and not only help CPA firms, but help private equity, the real estate investor, anything in that transaction to really help understand the tax code for the bonus depreciation or energy credits and incentives. Sure you do. Maybe they do domestic or international type of trade in that business, and there's a structure that might be a little bit more savvy than they're familiar with. So man, 17, 18 years ago is when I started with ETS, and we've grown substantially over the years from a handful of people in a small boutique firm in downtown West Palm Beach, Julio, and myself and Kim and Heidi and others, though I think pretty well, and we've really expanded, and so now not only still working with those CPA firms nationally, to be that specialist working with other professionals like you of really just how to maximize each transaction, understand the inevitable changes in the tax code with the different administrations. There's the Tax Cuts and Jobs Act, Trump 1.0, 2.0, what happened just now in July with a big beautiful bill, but the CARES Act, the Path Act, the previous tax Cuts and Jobs Act, the CHIPS Act, whatever the stimulus plan or new tax incentive of the day was. That was our job to really dig into that, be a great job educating around that and bringing it as proactively and transparently to the CPA community as well as the investors and owners. Dave: Yeah. I became acquainted with ETS and about the same time you did, and Julio invited me to South Florida and gave you the tour of the cool office building that you all rehabbed. Mike: Yeah. Then he was Dave: Kind Mike: Enough to, was that the one on a Vernia Street when he had just purchased it? Was it, Dave: I forget the street. It was like maybe a six story old building Mike: That's still his building and our corporate headquarters on the corner of Vernia and Olive for any of you that are down in West Palm Beach, and we'd love to show you around. It's a cool building. Dave: And then he was kind enough to host me at a Dolphins football game. Mike: I remember those days. Right. Dave: And for whatever reason, he was considered a bit of a VIP by the Dolphins, so I was able to go down on the field before the game, and I think I even had a photo taken with a Dolphin's cheerleader on each side of me that for whatever reason, it never made it up on the wall in our house. I'm not sure why, if that would've been a problem with my wife or now with a photo of two Dolphins cheerleaders hugging me, Mike: Dave, I think I have different versions of the exact same picture with myself and some friends. I have a great one with myself and my dad. Maybe we'll use some technology and pop some of those pictures up for others to see when you publish this podcast, or maybe we'll just keep those private for ourselves. But yeah, we used to Julio's involvement with the Dolphins and the family behind the scenes. We did. We did some amazing, not only professionally working with those types of property owners and venues, we did the cost segregation study on the Miami Dolphins Stadium when it was renovated. Dave: Oh, Mike: Yeah, I remember that. And a lot of others, Broncos, Cleveland Browns, Miami Dolphins. I did some work on the Bridgestone Arena in Nashville, the Superdome in New Orleans, the Raiders facilities, the Buffalo Bills not allowed to give out any confidential information, but everybody's looking to save in tax and take advantage of whatever strategies are available in the code. But personally, obviously, we love sports and entertainment and being able to build the relationships with our clients, so we had a very cool double founder suite there in those early days that we used to all meet in West Palm Beach, have some fun on the Saturday, take the bus down on the Sunday morning. Yeah. We did that for years, and we still do some of that in Miami and in some different cities. I'll be doing some of it in Charlotte. But yeah, man, those were fun times. We really built amazing relationships still with clients today that actually, I saw a client yesterday that said, Hey, Mike, I was at the Green Bay game. I remember when we were down on the field and one of the Green Bay players said, hi. He is like, Hey, man. That was a childhood legend of mine that I'd always wanted to meet. And then of course, that's really cool. Sometimes we got to meet what Dan Marino and folks down in the tunnel in the Dolphins. Dave: Well, the other cool thing was Julio intentionally picked a Monday night game that he invited me to, so that made it even more fun. National game. Mike: Oh, yeah. Makes for a late evening getting home, that's for sure. Dave: It does. And so I just have to warn you, Julio was a guest on the podcast about three or four years ago, so he set the bar pretty high, so no pressure my Mike: Oh, yeah, none at all. But I Dave: Know being a former athlete, you're probably a little bit competitive, so I'm sure you'll want to point out to Julio that you think you did a better job. Mike: Yeah, just a little bit, Julio, and we spend a lot of time together. We were together yesterday in Fort Lauderdale at an event with a great mix of clients and we're real competitive from a business aspect, obviously wouldn't be great for our clients. He was a wrestler in his younger days. That was also a wrestler, really just to stay in shape for baseball. I was a baseball player. I think you had asked me before, I always keep a couple baseballs around my desk. I like to futz with them when I'm working here in the office, but think about the different strategies, whether you need to throw the curve ball or the fast ball or the riser, whatever it is. I think about just those different grips and strategies. So yes, I'm a bit competitive, to say the least. Dave: Sure. I know the firm has grown. What's your elevator pitch today? When people ask who ETS done, who ETS is and who do they serve? Mike: Well, engineered Tax and Advisory had the advisory portion of it as well, because that's engineered tax services been around a long time. We're really good at doing the specific engineering based services that the CPAs or the property owners need to get the bonus depreciation or the energy credits and incentives onto the tax return. So that's doing the cost segregation study as a licensed professional engineering and specialty tax firm, we've been doing those for going on 24 years or doing the energy analysis or helping with, like you do, calculate the construction costs, the transfer costs, the sales tax, the property tax. That's what engineered tax services is excellent at doing as that specialist as that. Dave: I'm sorry, that's more than just cost segregation though, right? Mike: Oh, yeah. Yeah. There's cost segregation and bonus depreciation available on real estate, new construction purchases, renovations. So we're very involved. We do hundreds and hundreds of cross segregation studies a week across the country on all different types of assets from smaller single family investment properties and VRBO to manufacturing facilities and multifamily and apartments and hospitality and everything you could imagine up to different sports and recreation stadiums. But that's one subset of what engineered tax does that. Then there's the energy incentives and credits, the 1 79 D, the 45 L, the investment tax credits for renewables like wind and solar and geothermal and turbines and other types of things. But on the advisory side, we work it backwards. That's more the consultative approach with the clients to figure out what is the need. Maybe there's a liquidity event with a business owner that's selling a business. Maybe there's a capital need from an acquisitions point of view or an expansion point of view where some of the IC disc strategies might come in. Maybe they're wondering about opportunity zones or enterprise zones or historic tax credits or preservation and conservation type strategies, or buying equipment or a jet and aviation strategies. Because all of those things that I just mentioned, there's either a specialty tax component with bonus depreciation or section 1 79 or an actual tax credit, like research and development tax credits. We help bring it all together as a very experienced and comprehensive specialist around the tax code, anything available, federal, state, local incentives, credits, rebates, working with the CPAs, working with professionals like you, working with the high net worth or the company owner. That's what we pride ourselves in, is being very comprehensive depending on what the opportunity and the need is for the client. Dave: Okay, and speaking of clients, do you think of the CPA firm as your client or the actual end user or both? I think because done a really good job cultivating those CPA firm relationships. Mike: Yeah, Dave, that's a good question. I first and foremost see the CPAs as our client, but also our strategic partner because remember, we're a specialist. We don't do the full accounting audit and tax filing work for the client. We sit in the specialist seat. I explain it all the time to my friends and new clients when they're trying to figure out what we do. If I was in the medical profession, we would be a brain surgeon or a heart surgeon or some other type of specialist within medicine that works together with the general practitioners and others in medicine on the tax code and helping with the tax literacy, the tax strategy, the specialty credits and incentives like icdisc. How do we bring up those types of situations and opportunities? Usually it's working with that CPA firm to identify the client need and then being comprehensive and entrepreneurial with that client. So long-winded answer to that is both. I see the CPAs as both our client and our strategic partner in situations, but definitely once I work with the company owner or the investor, they're also ultimately our client. So I need to deliver at a high level to both the CPA and both the client, or if I meet the client directly and you are the company owner that's asking us questions about a situation or a strategy, we push to be introduced to the CPA to make sure that we're collaborative, attacking that strategy from the beginning and become a great compliment to the CPA service so they can focus on what they do best, the accounting audit or tax type or bookkeeping type work that they do, and then just like you really helping to layer in that specialty strategy that maybe they're not as familiar with or really just need some help from a bandwidth perspective. Dave: Sure. I've come across other firms that do some of the same services you all do. And what do your clients and CPA firms tell you that makes ETS different and why they have chosen to partner with ETS over another firm? Mike: First of all, I think about that all the time. That's a question that comes up often. When we started 24, 25 years ago, there was very few firms that were doing some of the things that we do there. There were CPA firms that did cost segregation studies, but usually that was the higher level firms, the Deloitte, the KM KPMGs, the E and Ys, excellent high level firms, but they were really only doing it for their higher level corporate type clients as we democratize the tax code and brought that tax strategy to middle market type businesses, entrepreneurs and investors, the strategy there was really to work as comprehensively with different types of as possible. And the difference to me is first of all, our longevity and our professionalism and our diversity of the type of services that we're doing uniquely as a licensed professional engineering firm that also does specialty tax credits and incentives. That's one of the biggest differentiators to me is we are a licensed professional engineering firm. The type of engineering that we do is cost engineering, looking at the cost of an acquisition, the cost of a purchase, the cost of a new construction of a property, and be able to break that down into accounting and tax format that the CPAs can then use. So that's where the hybrid of the engineering expertise and specialty tax expertise, so that unique structure of our firm, that unique ability to do multiple things and also have the energy incentives team in-house where if it's a new construction of a property or a big value add, repositioning, not only can we do that cost segregation study, we can comprehensively do that energy tax credit and incentive analysis. We have to do energy modeling. That's pure engineering type work, doing the energy incentive modeling to see what the energy efficiency of those components are. Or on a renewable energy project. We have a client that's building a really big mixed use project that has some geothermal investment tax credits there. Those are pure engineering and energy efficiency type knowledge that we're able to bring comprehensively. So it's really the comprehensive approach of bringing engineering specialty tax energy incentives and credits. We also have an insurance division, which is very unique for our industry because I knew years ago that the second biggest painful point for our clients after tax figuring out tax minimization strategies is how do they lower costs and make sure they're protected from an insurance standpoint? And we do have a part of our firm that is engineered insurance services to compliment engineered tax services. We already have all the, Dave: Yeah, tell me about the insurance company because I'm less familiar with that, and when did you start it? Are you licensed in all the states? Mike: Yeah, we are. We've been quietly developing that over the last couple of years. I said, my background's from Cleveland, Ohio. Coincidentally, the firm that we partnered with is based in Cleveland, Ohio. When we formed a new entity together, engineered insurance services, went back to all the different carriers and got relicensed with all the top national carriers, all the names that folks would know well. So now as a nationally licensed insurance agency and brokerage firm, we focus on property casualty liability, cyber risk, flood, E and O, D and O, all the things that every company and every property owner needs. But we can do it comprehensively and uniquely because we're already doing the cost segregation studies on a lot of these properties. So we know what the cost basis is, we know what kind of roof it is, we know where it's located. We know the age of the electrical system and all the situations with the property, and also that owner, how they operate that property. That's what, just like the IRS with cost segregation study, they want to see the details and then yes, you can capture the benefits of bonus depreciation. The insurance carriers, they want to write insurance policies at very competitive rates, but they want to see it in detail. They want to understand that building. They just don't want an estimate that a broker submits to them. So we've had amazing success over the last year and a half of rolling out that program, doing it comprehensively with what we're already doing for that client. Dave: That's really, Mike: That's the other reason that we're very unique compared because there are some great firms that do cost segregation or that might do an energy analysis or that might do a research and development tax credit study, but very few firms, if any, that know about really take that comprehensive approach to be able to do tax energy insurance and the specialty consulting with engineered advisory with what we're doing, And it resonates. It really resonates with clients because I feel like they really need someone that is, first of all, thinking entrepreneurially like them, because sometimes they're not getting it from maybe their legal team or their CPA team or their other advisors that they're working about taking that entrepreneurial approach, taking that proactive approach before the end of the year or before that renewal term for that insurance policy or before that building gets purchased or before the renovation happens, what should they be thinking about? And that's what I really try to work on with our team and our clients is be very proactive, be very transparent of the good, the bad, the ugly of different situations that clients should consider and then always be thinking entrepreneurially like our clients do because they appreciate it with your business and what you do with IC disc. Sometimes folks just haven't heard about it or they don't understand it, or they didn't do something proactively and now they're trying to unwind a situation, but I'm really excited about what we do. If you can't tell, I think, No, it definitely comes, the future is very strong, especially with the passage in July of Trump's, I call it the big beautiful bonus depreciation tax bill because bonus depreciation and section 1 79 enhancements for equipment and other things and other things that will be, I think, expanded with opportunity zones and research and development tax credits. The way that they also just enhanced that program as well. Many folks don't understand it yet because there was a requirement to amortize some of the expenses of r and d over five years, but now you get the research and development tax credit plus a hundred percent of the qualifying expenses being able to be captured year one, so that's very powerful for US companies. Dave: Yeah, no, that is great. And one of the other things that I appreciate about you all is that you all really stay in your lane. I feel like on the tax side, there's other firms that do cost and r and d that have just broadened their tax focus even more broadly, pick up things like the IC disc. So it's hard for me to get excited about referring a cost segregation study to a firm that does IC disc, so I've always, Mike: Yeah, it's a bit of a competitive overlap in those situations. Dave: Yeah, yeah. It's a less comfortable introduction. Mike: We have a saying within our organization, we call it habu, right? Highest and best use, what is my highest and best use? What should I be focused on doing for that client? My highest and best use is not trying to understand and replicate your service around icdisc. The best situation is for me to recognize opportunities and then bring in David and his team to implement a strategy for the client and the CPAs like that as well, because we're not trying to do what they do. We're just trying to compliment different situations, be a specialist at what we're really good at, and in our engineered advisory platform. That's where I can bring in you for the IC disc. I might have someone else that I'm working with if that client's buying an aircraft, for example, of how to legally structure it correctly, how to maximize the tax benefits, and I want to be an amazing, whether you want to call it an offensive coordinator or quarterback, that I might be throwing the ball sometimes. Other times I might be passing it off to somebody else, but I want to build a great team so that we're successful at the end for the client. Dave: Sure. No, that's certainly been my experience with you guys. What do you love most or enjoy most about your current role with ETS? What really gets you excited? Mike: Well, my title, I'm not big on titles, but it's managing Director of Engineered Tax and Advisory. So technically what that title means is I direct and I manage, I direct high level client relationships and strategic partnerships and strategies and new product development. I also help manage our, I work together with our executive team to help manage our executives across the country, either if they're in business development, some of them obviously are in engineering or other specialties within our firm or the legal team that does some structuring work for clients, but that's what I do. My favorite part of what I do is the relationships that I'm building with the clients. It might be a brand new relationship. It might be one from 15, 20 years ago, but it's watching that. Yeah, it's watching that CPA firm grow or helping that CPA firm grow and expand or diversify their services or meeting that entrepreneur that has a business and they're trying to understand the tax code, how to lower taxes, how do I increase cashflow? What are the risks or pitfalls, and really working with that entrepreneur or that business owner together with that ccp. That is my most favorite part of what I do, because I'm an entrepreneur at heart. I got it from my family, my mom and dad. Were always very entrepreneurial, but it's hard. You can't do it yourself. It takes a great team. I mentioned a couple of mentors that I worked with. I hope that one day I can be a mentor to some of these people that we've worked with over the years, and maybe it is the specialty tax or the energy incentives or the structuring or strategy, but also personally, we learn a lot about our clients and we share a lot personally with them. But that's absolutely my most favorite is the relationships that we've built, the stories and the journeys that we've had together. And if we do a good job, we actually do very little marketing and advertising out there. Of course, I speak at some events and do some sessions around the country, but largely our business has expanded very successfully because of those relationships and those referrals and that organic growth. Like, Hey, have you heard about engineered tax? And do you know what Mike does? You should give him a call. I watch my emails every day, and that's what makes me so happy is I remember that relationship. I remember that Miami Dolphins game, whoever it was, or the dinner that we might've had, or the beer that we might have shared somewhere where we personally built that relationship, And that's something that I'm even more so focused on right now because our world is now moving very fast in terms of technology and ai, and I think that's great, and we are a tech enabled company that we utilize those things to deliver our services and strategies as efficiently as possible for the client. But I think even more so right now, it's all about, hi again, human intelligence. We want to talk, just like you and I are doing right now, folks want to meet, yes, they want tech enabled strategies and AI to help us do things better. I think that's great, but I have, and we have a renewed focus on the human intelligence, the human relationship, the human strategy together, because I think we can do so much more if we get back to the old school relationship building strategy, building together at the human level, and then of course we'll utilize technology to make that better, faster, stronger. Dave: Yeah, no, and that's certainly that. Those relationships are certainly my favorite part of the business. The clients, the CPA firms, the other advisors, lawyers, you guys. So man, I can't believe how the time has flown by. So as we're rounding the home stretch, I have just a couple more questions. Mike: All right. Dave: If you could go back in time and give advice to your 25-year-old self, what advice might you give? Mike: Continue to surround myself with people much smarter than me. As I look back, the biggest opportunities that I had was being in what I thought at the time was uncomfortable situations with people that like, wow, this person really knows what they're doing with real estate, or This person really knows what they're doing with finance. But now looking back those situations of surrounding myself with really smart or savvy people or someone much more experienced than I was, that's where I really learned the opportunities around real estate development, around relationship building, around strategy, and structuring. Those mentors that I spent time with. I would tap myself on the shoulder and say, do more of that. Do more of that. If there's people that are wasting my time or going down avenues that really aren't good for me professionally or personally, don't waste time with that. Put myself in the room at the table in uncomfortable situations with people much smarter than myself. And even today, I try to do that every day is with some of the new technologies around AI or crypto or finance or strategy or real estate. Who are the innovators? Who are the people that really seem to be leading? I try to put myself in those situations, so that's what I would remind my young self is to take advantage of mentors, because you can really learn, and sometimes it's not until years later that you realized what you learned. Dave: Yeah. I think that's great advice, not only for your 25-year-old self, but any 25-year-old and probably any business professional who's still trying to learn and grow. Mike: Yeah. One other thing. Dave: Yeah, Mike: One more thing. As Steve Jobs used to say, don't focus on, I would tell myself not to focus on what I think the path is at that point, because the path is going to change the strategy, the job course of action, the winds are going to change. Ebb and flow, I always say is my personal mantra. The tide comes in, the tide comes out, but you can always learn to surf. You can't stop the waves, but you can always learn to surf. So don't try to be too tactful in the direction that you're going, because things will change. Companies will change and expect that change is what I'm trying to say. So expect the change that will continue to happen in our lives. Dave: Okay. Well, yeah, I like that. Thank you very much. So as we wrap up, I really just have one more question, and that is, is there anything I didn't ask you that you wish I had asked V? Anything we didn't talk about that we should have? Mike: You asked some really good questions. It sounds like we could talk all afternoon if we wanted to. The only thing you didn't ask me is about my family, and actually the thing I'm most proud of, I mentioned I live in Charlotte, North Carolina. My wife Laura, has been an amazing force in our relationship for stability and really helping me to do what I do because being on the road, it's very challenging. But my son Rocco and my daughter Lucia, are getting old and driving now as later stage teenagers. It's having those rocks behind me that really help with this ability to allow me to do what I do with our clients nationally. So I really appreciate them, and that's my other, that is my most favorite accomplishment in life of what I've been able to achieve with my family and do this professionally with engineered tech services and advisory. Dave: Yeah, understood. Yeah, because ultimately it's about relationships, both professional and personal at the end of the day. Well, anything else we didn't cover or shall we go ahead and wrap it up? Mike: I think we covered enough for now. I think we might have more to talk about. Again, I have some other ideas of topics we should talk about coming up here in the fall. There'll be some new things that we're doing. Dave: Let's do that. We'll have you back, not too distant. Future for a part two. Mike: All right. Dave: Well, Mike, I really, really appreciate the opportunity to work with you and the whole team, and you guys have taken great care of our clients. We really appreciate that and we appreciate the trust you all have placed in us to serve some of your clients as Mike: Well. Thanks, Dave. I appreciate you. Special Guest: Mike D'Onofrio.
Likefolio's Andy Swan shares sentiment data around Airbnb (ABNB), arguing that it is “lagging peers and under pressure.” The novelty has “worn off” for Airbnb and it has a “long way to go before any sort of turnaround is complete,” he adds. Fees, inconsistent experiences, and other factors are pushing travelers to hotels, while rivals like Vrbo take market share.======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about
In this week's episode, I'm joined by my husband, Zane, for a candid Q&A where we answer your questions! I asked my Instagram followers on my IG Story to submit their biggest questions, and together we're covering it all: faith, marriage, parenting, grandparenting, finances, business, and even menopause. If you've ever wondered what life, marriage, and faith look like behind the scenes for us, this conversation is full of practical wisdom, honest reflections, and even a laugh or two. QUESTIONS ANSWERED IN THIS EPISODE: Why did Zane convert to Catholicism? Do Catholics really believe it's Jesus plus works that save you? What's the pricing on our family's VRBO? Looking back, what would we do differently in our marriage? What did we do well? How did we navigate and nurture our marriage with little kids? What's it like stepping into grandparenthood? How do we handle arguments (and what has changed over the years)? What keeps a husband happy day-to-day? How do you find a trusted financial advisor? What's the best way to retire when you own a business with a partner? How can you encourage strong relationships with adult children? How can a husband support his wife through menopause? What does a “perfect marriage” really look like? LINKS & RESOURCES MENTIONED: The Retreat at Marble Valley officially launches this weekend! Once it's live, I'll update the show notes with a direct link so you can check it out and book your stay. In the meantime, be sure to follow along on Instagram @retreatatmarblevalley for updates and a first look at all the details. The Spirit of Wealth Preservation by Ken Polk Outfit Details: Necklace: The Pearl Source White Baroque Freshwater Pearl Necklace - Use code JAMIE15 for a special discount! Dress: Brochu Walker's Kate Crepe Belted Dress ZANE'S LIST OF QUESTIONS TO ASK A WEALTH MANAGER 1. How do you get paid, and what is your total compensation structure? 2. Are you a fiduciary at all times, and how do you ensure my interests come first? 3. What is your investment philosophy, and how do you tailor it to someone in my stage of life, goals, and risk tolerance? 4. What does your ideal client look like, and how many clients like me do you currently serve? 5. How do you measure success for clients, and what reporting/communication can I expect? 6. What resources, team members, or specialists will I have access to beyond you? 7. Can you share a story of how you helped a client navigate a major market downturn or significant life transition? WHERE TO LISTEN The SavvyCast is available on all podcasting platforms and YouTube. One of the best ways to support the show is by leaving a rating and review—I so appreciate you sharing your thoughts, my friends! ENJOYED THIS EPISODE? CHECK THESE OUT! My Husband Converted to Catholicism: How We Navigate Faith Differences in Marriage Listen on Apple Podcasts or Spotify Watch on YouTube Jamie & Zane: Impactful Quotes We Love & Live By Listen on Apple Podcasts or Spotify Watch on YouTube
Where have all the benches gone? Deputy Opinion Editor Mark Lasswell reflects on the causes and consequences of the “defensive architecture” replacing seating in public spaces. Plus, contributing columnist Rick Reilly shares just how hard it's become to find an Airbnb or VRBO that doesn't feel like the inside of a Target.Additional reading by our columnists:Mark Lasswell: This punctuation mark is semi-dead. People have thoughts.Rick Reilly: I have decided never to go outside againSubscribe to The Washington Post here.
Taylor sits down with Alex, co-founder of Whimstay - the OTA built to fill your unsold gap nights inside 30 days. Alex shares his journey from theater to Yelp to startup life, why Whimstay is “HotelTonight for STRs,” and how hosts can add revenue without stealing a single booking from Airbnb or Vrbo.In this episode:Incremental revenue, not cannibalization: Why Whimstay targets 0–30 days to capture mid-week, shoulder-season, and last-minute demand.Host economics: 5% host commission + traveler fee (≈5–7%); you set a last-minute discount and keep bookings from going to zero.Supply → demand flywheel: Early focus on PMS integrations (Guesty, Escapia, Streamline, etc.) and larger PMs; now expanding with an independent host portal.Who books last-minute: Gen Z/Millennial “next-gen” travelers, digital nomads, and retirees seeking value and spontaneity.Distribution strategy reality check: Don't “work for one OTA.” Diversify to reach different booking windows and traveler segments.Growth levers: Google Vacation Rentals partnership, organic community buzz, and a ramped marketing push.Vision: Make last-minute STRs ubiquitous - hosts list on Airbnb/Vrbo and Whimstay to clear expiring inventory.If you've got unbooked Tuesdays or shoulder-season gaps, this convo will show you how to turn them into found money - no new cleaners, no new systems, just smarter distribution.Explore Whimstay: whimstay.comNew episodes every Friday + Monday Market Report___Episode Sponsored By:STR SearchSTR Search is the industry leading property finder service. They've helped investors acquire over 215 profitable STRs across the US. If you'd like the data professionals to help you find your next STR, reach out to STRsearch.com
Vrbo will begin enforcing 100% penalties on U.S. hosts starting October 1 if guests are denied access to booked homes, with fines equal to the reservation amount and potential suspensions, as part of broader crackdowns by Vrbo and Airbnb on poor host service. Accor is consolidating its regional subscription cards under the global All Accor+ brand, extending discounts and perks across more than 4,000 properties in 100 countries (e.g., Asia Pacific cardholders now get 15% off worldwide). Meanwhile, although 93% of European tourism boards have experimented with AI, most lack formal strategies or expertise, with interest strongest in translation and other content tasks. Vrbo Cracks Down on Bad Hosts: 100% Penalty for Stranding Guests Europe's Tourism Agencies Report High AI Interest But Low Use: Exclusive Accor Goes Global With Subscription Cards to Boost Hotel Loyalty Connect with Skift LinkedIn: https://www.linkedin.com/company/skift/ WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/ Facebook: https://facebook.com/skiftnews Instagram: https://www.instagram.com/skiftnews/ Threads: https://www.threads.net/@skiftnews Bluesky: https://bsky.app/profile/skiftnews.bsky.social X: https://twitter.com/skift Subscribe to @SkiftNews and never miss an update from the travel industry.
The boys are back after an impromptu break, and barely remember how to do this! Things are loose and goofy as the fellas get back in the swing of things with 1996's In Love and War, starring Sandy B. There's not a lot to goof about in this WWI flick, but topics do include: Rum tum tuggin', Tape Beard rides again, praying for a Vrbo, Woof Woof Entertainment, thumb privileges, and always a Richard -- never a David!
Welcome to another episode of Founders Club! On this episode we'll be talking to John Bianchi about Short Term Rental Real Estate. Connect with Founders Club Host Oliver Graf on Instagram: @OliverGraf360 In this episode of Founders Club, host Oliver Graf sits down with John Bianchi, famously known as The Airbnb Data Guy. John has helped investors acquire over 206 cash-flowing short-term rentals worth more than $100 million—with a 100% success rate. He breaks down his data-driven formula for finding the most profitable STR markets, how to analyze deals with precision, avoid costly mistakes, and build a short-term rental business that prints cash. Do me a solid and… Leave a 5 star review! Find me on Instagram: @OliverGraf360 Founders Club TikTok: @FoundersClubPodcast Subscribe to my YouTube channel: http://www.youtube.com/c/OliverGrafTV Get on my VIP email list and get new episodes of Founders Club straight to you inbox: http://eepurl.com/g_L2Ev Book me to speak: https://olivergraf.tv/speaking Book a 1-on1 coaching session: https://calendly.com/olivergraf360/vip ► JOIN OUR NATIONWIDE REAL ESTATE TEAM: https://www.100commissionrealestate.com
This week on the Hosting Hotline, we're answering Renee's question about buying a property that's already operating as a short-term rental—and what to do about the future bookings that come with it.If you've ever considered purchasing an “active STR,” you'll quickly find out there's a lot more to it than inheriting a calendar full of reservations. Sarah and Annette explain why listings follow the host (not the property), what that means for your ability to transfer bookings, and the negotiations you'll need to have with the seller before closing.You'll learn:Why STR listings and reviews don't automatically transfer with a property sale.How to negotiate booking transfers, co-hosting arrangements, or guest rebookings.The tax, payout, and guest experience factors you need to consider.How to involve OTAs (Airbnb, VRBO) in a booking transition.Why getting everything in writing is non-negotiable.If you're thinking about buying a short-term rental, this episode will help you navigate the booking handoff process and avoid the pitfalls that can derail a smooth transition.Mentioned in this episode:Make More Money This Year! Join us for a Boot Camp!Make More Money This Year! Join us for a Boot Camp!Make More Money This Year! Join us for a Boot Camp!
#559 If you've ever dreamed of owning an Airbnb or glamping getaway, this episode is your crash course in how to make it happen! Host Brien Gearin is joined by Garrett Brown, short-term rental investor and glamping expert at BiggerPockets, to break down the business of hosting — from buying your first property to optimizing your listing and maximizing profitability. Garrett shares his personal journey, practical advice for first-timers, and insider strategies for managing operations, choosing the right market, avoiding costly mistakes, and leveraging tools to automate and scale. Whether you're starting with a small condo or aiming for a luxury lakefront cabin, this episode is packed with actionable insights to launch and grow your short-term rental business! What we discuss with Garrett: + Garrett's journey into short-term rentals + Why he pivoted from traditional real estate + The reality of managing Airbnbs + The 60/30/10 market selection rule + Glamping and unique stays explained + Best property sizes for STR success + Must-use tools like PriceLabs and HostBuddy + Airbnb vs. VRBO pros and cons + Listing optimization tips for more bookings + When (and why) to self-manage your rental Thank you, Garrett! Check out Cameron Ranch Glamping at CameronRanchGlamping.com. Follow Garrett on Instagram and YouTube. Watch the video podcast of this episode! To get access to our FREE Business Training course go to MillionaireUniversity.com/training. And follow us on: Instagram Facebook Tik Tok Youtube Twitter To get exclusive offers mentioned in this episode and to support the show, visit millionaireuniversity.com/sponsors. Want to hear from more incredible entrepreneurs? Check out all of our interviews here! Learn more about your ad choices. Visit megaphone.fm/adchoices
This week on Good Morning Hospitality, Michael Goldin, Brandreth Canaley and Jamie Lane dive into the latest shifts shaping short-term rentals and travel. Vrbo's new guest cancellation policy aims to increase flexibility and bookings but raises concerns from hosts about risk and revenue stability. Tripadvisor faces investor pressure to spin off Viator, signaling how tours and experiences are becoming central to the travel ecosystem. Meanwhile, Casago doubles down on its franchise model, taking over hundreds of former Vacasa properties to push a localized, service-driven approach. Join us as we break down what these moves mean for hosts, managers, and the future of the STR industry. This episode is brought to you by Guesty! Follow the Hosts: Brandy Canaley – LinkedIn Jamie Lane – LinkedIn Michael Goldin – LinkedIn Connect with Skift: LinkedIn: https://www.linkedin.com/company/skift/ WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/ Facebook: https://facebook.com/skiftnews Instagram: https://www.instagram.com/skiftnews/ Threads: https://www.threads.net/@skiftnews Bluesky: https://bsky.app/profile/skiftnews.bsky.social X: https://twitter.com/skift Subscribe to @SkiftNews and never miss an update from the travel industry. Learn more about your ad choices. Visit megaphone.fm/adchoices
Investor Fuel Real Estate Investing Mastermind - Audio Version
In this episode of the Real Estate Pros podcast, Humberto Marquez, founder of Surge, shares his journey into real estate, transitioning from logistics to becoming a successful broker and short-term rental manager. He discusses the challenges faced with national property management companies and how Surge aims to provide a higher quality of service. Humberto also delves into strategies for maximizing rental performance, sourcing properties, and furnishing them to meet client expectations, emphasizing the importance of customization in property management. Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind: Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply Investor Machine Marketing Partnership: Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com Coaching with Mike Hambright: Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform! Register here: https://myinvestorinsurance.com/ New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club —--------------------
Think buying a short-term rental is the fast track to homeownership? In this episode, David Sidoni unpacks the real math behind Airbnb investing — and why it might be the wrong move if you're still renting.With affordability at an all-time low, many first-time homebuyers are exploring creative ways to get into real estate. One trend gaining popularity: buying a short-term rental like an Airbnb in a cheaper market instead of purchasing a primary residence. But in this brutally honest episode, David Sidoni reveals why that plan could backfire.David breaks down the 2025 short-term rental landscape, explaining how increased competition, regulations, and declining profits have changed the game. More importantly, he highlights the financial risks renters take when they try to become investors before becoming homeowners.This episode dives into the math, the mindset, and the myths — showing you why owning your own home first is the smartest play. If you're tempted by Airbnb hype, you need to hear this before making a costly mistake.Quote: "The golden goose of Airbnb is losing its feathers and turning into a turkey super quick."Highlights:Why short-term rental investing isn't what it used to be in 2025The financial danger of skipping rent replacementHow tax laws, maintenance, and financing make STRs riskier than they lookA breakdown of real costs vs. projected incomeWhat first-time buyers should do instead of chasing Airbnb profitsConnect with me to find a trusted realtor in your area or to answer your burning questions!Subscribe to our YouTube Channel @HowToBuyaHomeInstagram @HowtoBuyAHomePodcastTik Tok @HowToBuyAHomeVisit our Resource Center to "Ask David" AND get your FREE Home Buying Starter Kit!David Sidoni, the "How to Buy a Home Guy," is a seasoned real estate professional and consumer advocate with two decades of experience helping first-time homebuyers navigate the real estate market. His podcast, "How to Buy a Home," is a trusted resource for anyone looking to buy their first home. It offers expert advice, actionable tips, and inspiring stories from real first-time homebuyers. With a focus on making the home-buying process accessible and understandable, David breaks down complex topics into easy-to-follow steps, covering everything from budgeting and financing to finding the right home and making an offer. Subscribe for regular market updates, and leave a review to help us reach more people. Ready for an honest, informed home-buying experience? Viva la Unicorn Revolution - join us!
Kim dives into the growing tension around short-term rentals like Airbnb and Vrbo, highlighting recent local incidents—including a St. Louis party-turned-shooting—and new restrictions making hosting less appealing. The conversation shifts to Clayton's fresh ordinance allowing limited short-term rentals in select older buildings, meant to fill long-vacant downtown spaces, with tight rules on building age, size, and minimum stay. Marc and Kim debate whether such controls will prevent abuse or inevitably lead to revoked permits, while noting other cities like St. Charles have also wrestled with bans and caps. They connect the topic to urban crime rates, with Marc criticizing political spin that blames “red states” instead of local city policies, and arguing that DC's crime drop should pressure St. Louis leaders to address staffing shortages, outdated juvenile justice rules, and lax enforcement.
This week on Thanks for Visiting, we're diving deep into a topic no host wants to deal with—but every host needs to understand: chargebacks.Whether you've faced one before or you're hearing the term for the first time, this episode will equip you with the knowledge to protect your business from costly disputes. We're breaking down what a chargeback is, why it happens, and the difference between when an OTA is the merchant of record and when you are.We'll share:Real-world scenarios where chargebacks occur (including Sarah's firsthand story)9 practical prevention strategies to deter fraud and false disputesHow to set up guest agreements, SOPs, and red-flag awarenessThe reality of winning a chargeback—and why you should always tryWhy this shouldn't stop you from diversifying your booking platformsFrom spotting last-minute fraud attempts to resolving guest conflicts before they escalate, this episode is your playbook for keeping more of your hard-earned revenue where it belongs—in your pocket.Resources Mentioned in this Episode:Stripe – Payment processor used for direct bookings and OTAs like Vrbo and Furnished Finder.Furnished Finder – A popular platform for finding mid-term tenants.Mentioned in this episode:Minoan | Visit MinoanExperience.com and tell them TFV sent you!Booked & Profitable Boot Camp | Get on the waitlist now at thanksforvisiting.com/waitlistBooked & Profitable Boot Camp | Get on the waitlist now at thanksforvisiting.com/waitlistBooked & Profitable Boot Camp | Get on the waitlist now at thanksforvisiting.com/waitlist
Investor Fuel Real Estate Investing Mastermind - Audio Version
In this episode of the Real Estate Pros podcast, Kristen Knapp interviews Erik Lopez of JNT Construction, who shares his journey from being a firefighter to becoming a construction expert. Erik discusses the multifaceted approach of JNT Construction, which operates in various states and focuses on both construction and investment in multifamily developments. He emphasizes the importance of transparency with investors, navigating unexpected challenges, and the significance of choosing the right contractor. Erik also expresses optimism about the multifamily market and his desire to give back by coaching new investors. Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind: Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply Investor Machine Marketing Partnership: Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com Coaching with Mike Hambright: Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform! Register here: https://myinvestorinsurance.com/ New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club —--------------------
Investor Fuel Real Estate Investing Mastermind - Audio Version
In this episode of the Investor Fuel podcast, host Q Edmonds speaks with Corey D'Agostino, an experienced real estate investor specializing in short-term rentals. Corey shares his journey in the real estate market, emphasizing the importance of proper property management, pricing strategies, and professional photography. He discusses the challenges faced in the industry and the significance of networking and building relationships. Corey also introduces his coaching program, designed to help aspiring investors navigate the complexities of short-term rentals without upfront costs. The conversation highlights the evolving nature of the real estate market and the need for continuous learning and adaptation. Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind: Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply Investor Machine Marketing Partnership: Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true ‘white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com Coaching with Mike Hambright: Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a “mini-mastermind” with Mike and his private clients on an upcoming “Retreat”, either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas “Big H Ranch”? Learn more here: http://www.investorfuel.com/retreat Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform! Register here: https://myinvestorinsurance.com/ New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club —--------------------
In this episode of Vacation Rentals with John, we dive deep into one of the most frustrating parts of running a short-term rental business: getting paid for guest damages.We're talking about AirCover, Booking.com, and VRBO — the platforms that promise protection but often leave you covering the bill. I break down:Why your payout is often only 20–50% of the actual damageWhy cleaning fees, unauthorized pet charges, and late checkout penalties rarely get coveredWhat documentation you must collect (and when)The real story of a guest swapping out TVs and STILL not getting reimbursedStep-by-step action plan to protect your profit when the platforms fail youIf your wear and tear costs are higher than your profits, you're not in business — you're bleeding cash. Learn how to fight back smart, protect your margins, and run a tighter operation.Quick asks to help grow the show and community:✅ Like my Facebook page → facebook.com/thejohnandrew — I drop free tips and content there every week.
Emily and Shane are in Tahoe at a beautiful Vrbo! They’re giving the latest updates on the gruesome Idaho murders, the Menendez brother’s potential release and Blake Lively’s withdrawn subpoenas.See omnystudio.com/listener for privacy information.
Welcome back to The Viall Files: Reality Recap! LOVE ISLAND USA IS BACK BABY!!! And we could not be more excited. We welcome comedian, Trey Kennedy, to get into bombshells entering the villa, steamy makeouts, and more! Meanwhile, we get into the most recent episode of The Valley where Nick shares his experience of Jasmine on his season of The Bachelor, and the premiere of Next Gen NYC. Is it the next Vanderpump Rules? The spiritual successor to HBO's Girls, even? We discuss. Also, Nick and Natalie start off the episode with their nightmare experience with Vrbo. You certainly will not want to miss this one… “It feels like summer is here when the islanders show up!” Subscribe to The ENVY Media Newsletter Today: https://www.viallfiles.com/newsletter OUT NOW! Listen to Humble Brag with Cynthia Bailey and Crystal Kung Minkoff. Available wherever you get your podcasts and YouTube: https://www.youtube.com/@humblebragpod https://podcasts.apple.com/us/podcast/humble-brag-with-crystal-and-cynthia/id1774286896 Start your 7 Day Free Trial of Viall Files + here: https://viallfiles.supportingcast.fm/ Please make sure to subscribe so you don't miss an episode and as always send in your relationship questions to asknick@theviallfiles.com to be a part of our Monday episodes. Follow us on X/Twitter: https://twitter.com/TheViallFiles Listen To Disrespectfully now! Listen on Apple: https://podcasts.apple.com/us/podcast/disrespectfully/id1516710301 Listen on Spotify: https://open.spotify.com/show/0J6DW1KeDX6SpoVEuQpl7z?si=c35995a56b8d4038 Watch on YouTube: https://www.youtube.com/channel/UCCh8MqSsiGkfJcWhkan0D0w To Order Nick's Book Go To: http://www.viallfiles.com If you would like to get some texting advice on Office Hours send an email to asknick@theviallfiles.com with “Texting Office Hours” in the subject line! To advertise on this podcast please email: ad-sales@libsyn.com or go to: https://advertising.libsyn.com/theviallfiles THANK YOU TO OUR SPONSORS: Mack Weldon - Give your closet a breath of fresh air for spring. Go to https://mackweldon.com and get 25% off your first order of $125 or more, with promo code VIALL. Wayfair - Don't wait! Make your outdoor space your dream oasis TODAY with Wayfair, and enjoy it all summer long. Head to https://wayfair.com right now to shop a huge outdoor selection. Mint Mobile - This year, skip breaking a sweat AND breaking the bank. Get your summer savings and shop premium wireless plans at https://mintmobile.com/viall Tonal - For a limited time, go to https://tonal.com to get FIVE HUNDRED DOLLARS OFF your Tonal purchase plus a FREE FOUR-YEAR WARRANTY. Timestamps: (00:00) - Intro (10:20) - Horror Story (20:43) - Daily Dilemma (27:39) - Household Headlines (38:31) - Mormon Wives Takes with Trey (43:28) - Love Island Recap (01:07:43) - The Valley (01:26:15) - Next Gen NYC (01:30:50) - Outro Episode Socials: @viallfiles @nickviall @nnataliejjoy @treynkennedy @ciaracrobinson @justinkaphillips @leahgsilberstein @dereklanerussell