Are you considering owning a short-term-rental or Airbnb property but don’t know where to start?
I’m here to help. But first, let me tell you how it all began for me and my family.
We moved to Austin back in 2014 and purchased a home. My husband and I both do design work so we were excited to tackle a project and design a dream home for ourselves and our two daughters- London and Arden. We bought a home in a lovely neighborhood outside of downtown Austin in the Eanes School district. Coming from Los Angeles at the time, our new half-acre home with four bedrooms felt huge to us at 3700 square feet with a pool!
We quickly planned out our design, added a bedroom and additional square footage, created the look and feel and got to work gutting the home. Four months later we were overjoyed with our new dream home. Our neighbors were more friendly than we could believe and we found a circle of friends we felt at home with. Life was good. Better than we could have hoped for in record time. Just as we were feeling settled, my husband, who had been an entrepreneur since graduating college got a full-time job offer that was everything he could have hoped for. However, it was in Northern California. A long standing client asked him to run the design division for a new aerospace company blending his passion for design with his love of flying and aircraft. How could he refuse?
After he commuted for nine months, coming back to Austin only on the weekends, we realized this wasn’t working for our family and all moved to Napa. Leaving our brand new beloved home was very tough. We weren’t ready to part with it yet and didn’t know what was going to happen with the aerospace start-up long term so we decided to turn our home into a short-term rental and listed it on Airbnb and VRBO. Right out of the gate, we were making about 10K a month in passive income and our life was permanently altered. We’re designers and I’m a realtor so we realized our best assets could be put to building a portfolio of homes that would allow us to retire sooner than we’d imagined was possible. So, our short-term rental journey began.
After a time, and losing a home in the 2017 Napa fires, we decided to move back to our beloved Austin. What was a happy accident became a lifestyle. Today, we are still building our portfolio for ourselves. As well as, helping others to get started on their own short-term rental, passive income opportunity. We’ve learned so much in the past eight years and have designed many homes for multiple clients on their own road to freedom.