Robert Leonard (@therobertleonard) brings back Travis Zappia (@theyoungretireeby33) to chat all about investing in Airbnb properties and the short-term rental investing strategy. Travis Zappia is a FIRE advocate who has started to get into real estate investing in the last three years. He purchased his first house hack in 2016 and decided to rent out each bedroom individually while living in the master bedroom. He has since purchased three additional properties and started a short-term rental management business. In 2020, Travis' short term rental business grossed over $110,000. He is on track to gross over $375,000 in 2021 with his net profit being roughly $110,000. With his Industrial Engineering background, he has developed a set of systems and processes which help him manage five short term rental units all while continuing to work a full-time job.   IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro 00:30 - New laws significantly limiting Airbnbs in Atlanta 02:38 - If a new approach to STRs is needed due to the new laws 05:26 - How to diversify an STR portfolio 09:15 - How to get started with STRs 11:24 - How to manage your time as a W2 employee and investor 15:01 - Why W2 jobs can actually benefit you as an investor 16:49 - Which rules to have in place 18:34 - Which STR platforms to use 25:24 - How to insure your STRs ☕ Get the freshest roasted and ethically sourced beans from America’s best local roasters with Trade Coffee. Plus, a total of $30 off your first order and free shipping — that’s more than 40 cups of coffee for free! To get started, take the quiz at https://drinktrade.com/TIP, and start the journey to your perfect cup. ✔️ Subscribe to the Real Estate 101 show: https://open.spotify.com/show/7dnn22EWyo6MLsPaR492BM 🖊️ Access our free show notes and transcript here: https://www.theinvestorspodcast.com/real-estate-101/airbnb-investing-deep-dive 📖 BOOKS MENTIONED: - Short-Term Rental, Long-Term Wealth by Avery Carl: https://amzn.to/3wrLS7Q Disclosure: Some of the links above are affiliate links that we may earn commission from. This helps keep our show going! 😀 ▶️ RELATED EPISODES: - (REI103) The Truth About Airbnb Investing w/ Travis Zappia: https://www.theinvestorspodcast.com/real-estate-101/airbnb-investing/ - (REI088) Airbnb & Short-Term Rentals w/ Tony Robinson: https://www.theinvestorspodcast.com/real-estate-101/airbnb/ 💡 OTHER RESOURCES - Travis’ Listings: https://bit.ly/3yDoNlp - Check out our Real Estate Investing Starter Packs: https://www.theinvestorspodcast.com/real-estate-investing-starter-packs/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ LISTEN 🎧 TO OTHER SHOWS FROM OUR NETWORK: ₿ If you're interested in Bitcoin, checkout our Bitcoin Fundamentals podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F8wOLjjwNCM5B1qFdrtTdTZ 📚 Dive into value investing and learn more about billionaires with our We Study Billionaires podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F9dDPFYGAHRbrWoToCe2uoU 🏘 Learn the ins and outs of real estate investing with our Real Estate 101 podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F8Yw_8xO2nk-RD7fhb3yktn 💸 Get introduced to the world of investing with our Millennial Investing podcast show: https://youtube.com/playlist?list=PL_xlkwLDH1F_p00VYv3psJ8rhDAGOvR5W ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ FOLLOW US ON SOCIAL MEDIA📱: 💻 Facebook: https://www.facebook.com/groups/theinvestorspodcast/ 👔 Linkedin: https://www.linkedin.com/company/the-investor's-podcast/ 🐦 Twitter: https://twitter.com/TIP_Network ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ 📥 Download Stig & Preston's 1-page checklist for finding great stock picks: https://www.theinvestorspodcast.com/form-youtube-checklist/ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ❗DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.