Building a Short-term Rental Empire: Michael Chang's Secrets

This week on the Live Let Thrive podcast, Myka & Steve interview Michael Chang of Philadelphia, a successful real estate investor and short-term rental property owner. Michael shares his insights on how he has built his short-term rental empire, which spans from the metro northeast to the vacation Smoky Mountains.

One of Michael's key strategies is arbitraging and buying properties to add to his rental portfolio. He explains how he looks for properties that are undervalued and in need of renovations, which he then completes and rents out as short-term rentals. By doing this, he is able to generate a significant income and increase the value of the properties over time.

Another important aspect of Michael's strategy is the focus on vacation rental properties in tourist destinations such as the Smoky Mountains. He talks about how he has been able to secure these properties by taking advantage of off-season deals and working with local real estate agents who are knowledgeable about the area.

Throughout the episode, Michael also shares tips and insights on various topics such as property management, marketing, and pricing strategies. He provides valuable information that can be beneficial for anyone looking to build their own short-term rental empire.

If you are interested in real estate investing and short-term rental properties, you don't want to miss this episode. Tune in now to learn from one of the industry's top experts, Michael Chang of Philadelphia.

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