Follow Along

Stacey St. John

Title of the blog and an image of Alicia Wright

APRIL 18, 2023

#24: Unveiling the Power of Networking in Short-Term Rentals: With Alicia Wright

In this episode, I’m joined by Alicia Wright. She shares how networking has helped her along her short-term rental journey, and how she educated herself before launching her property on Airbnb.

Alicia also walks us through how she’s navigated challenges since she launched, and how networking has played a role in her success!

If you’re venturing into this whole “Airbnb thang,” there’s a lot to learn—and the learning curve can be daunting. Connecting with a community of like-minded people has been incredibly helpful for me—in SO many ways. I’ve been able to learn from their experiences, gain valuable insights, avoid costly mistakes and even generate referrals for my business!

Stay tuned to hear how this young mom is managing her property from 16 hours away—and how networking and community have played a role in her success!

Highlights and Key Points:

 

[02:50] Introducing today’s guest; Alicia Wright

[03:23] The location of her short-term rental

[04:41] Alicia’s criteria for purchasing her short-term rental property

[11:00] How she educated herself on self-managing a rental property

[12:00] How networking assisted Alicia in launching her STR business

[13:44] The most difficult challenge she encountered when launching her STR business and how she navigated it

[17:49] How she was able to build a reliable team

[19:38] Alicia’s experience hosting her first guest

Golden Nuggets

 

  • “Your network is your net worth.”

  • When venturing into short-term rental space, it is incredibly valuable to network with other people who have gone before you and have paved the path because they have learnings they can share.

  • “It feels good to make people feel good.”

  • “You can impact other people just by sharing your journey.”

Resources mentioned

 

Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties: https://bit.ly/41j1Q1S

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Hey, you!

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Thanks again, sister – and cheers to your STR success!

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