EP 56: Thinking of Becoming an AirBnB Host? Listen to this episode with Erin Spradlin

“Invest Now, Thank Yourself Later.” This was Erin’s advice to herself back in 2015 and the advice that propelled her to quit her job and focus on real estate full time. Erin Spradlin is the co-owner and broker of James Carlson Real Estate based in Denver, Colorado. When she is not helping homeowners or investors buy real estate or teach them the ins and outs about AirBnB, she is busy growing her investment portfolio where she focuses on short term rentals.  In addition to her real estate business, she owns a second business, Denver Graffiti Tour, which is a walking tour through Denver’s art district!

On today’s episode, we discuss a lot with Erin, including:

  • How do assess if a property is a good fit for AirBnB
  • What are the challenges with converting rentals to Airbnb?
  • How to give your guests an amazing experience
  • How to properly vet a property management company that specializes in short term rentals
  • How to stay on top of the short term rental “regulation”
  • When to quit your job? How to avoid losing sleep?

Learn more about Erin and her team:

Website – www.jamescarlsonrealestate.com

BiggerPockets – https://www.biggerpockets.com/users/ErinDenver

 

Resources/Books:

Looking for Funding? Ladies, you need to check out Fund That Flip!

 

Real Estate Loans, Simplified.

 We are excited to tell you about Fund That Flip, a company we are very proud to call our sponsor.

Fund That Flip is the leading provider of fast, convenient, affordable capital for experienced real estate investors who buy and rehabilitate residential properties. Their online application means instant feedback and a 24-hour turnaround time for funding commitments.  They are a direct lender with a diverse capital base, giving you optimal deal structure flexibility.

What do they fund?

  • 1-4 unit fix-and-flip
  • Ground-up construction
  • Rental bridge
  • Cash-out refinance

Real Estate InvestHERs, Get $500 towards your next closing!

Check them out by visiting – www.fundthatflip.com/investher

InvestHER Community

Join us on our mission to support and empower as many women as we can to live a financially free and balanced life. We invite you to join the InvestHER Community Facebook group along with other new and experienced women real estate investors!

https://www.facebook.com/groups/Investhercommunity

Follow us on:

Facebook: @therealestateinvesther

Instagram: @therealestateinvesther

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