The Airbnb Game Changer

How Real Estate Developer Mark Ebner Struck Gold with Airbnb

Mark Ebner is a Cleveland resident with 10 years of experience in the real estate development world. After earning his Master’s degree in Urban Planning Design and Development, Mark began work at a nonprofit organization before setting out on his own as the Principal Developer at True North Living.

Mark followed in his family’s footsteps of working in real estate and began his real estate development career by purchasing, demolishing and rebuilding a home in 2007, purchasing and remodeling his own home in 2011 and building new single family houses surrounding.

Mark and his wife began testing AirBnB with a home that was for sale and immediately realized enough success that they choose to keep a house as a short-term rental.

Five Key Points:

• It’s important to learn how to teach and deconstruct everything that you do. “You don’t really think about your foot position when you’re skating until you need to describe that to someone else…”
• Learn how to delegate more, speed the process up and hire the right subcontractors.
• Real estate development takes a lot of work, a lot of planning, and you also have to make it fit in with the surrounding community.
• Remind yourself to look at the projects, at what you’ve accomplished and bring yourself back to that when you get frustrated.
• You must know the numbers. Make sure your margins are good and what they should be.

Favorite book: How Soccer Explains the World by Franklin Foer.

You can learn more about Mark and his city development work at www.TrueNorthLiving.com.

Thank you Mark for taking the time to share your story with us.

You can tune into The Real Estate Locker Room Show on iTunes, Stitcher and Google Play.

Invest well, 

John Carney