As a lifelong Chicagoan, entrepreneur, and real estate broker, I love everything about this city...but the one thing that makes Chicago so great is the amazing people. On this weekly podcast, We want to pull back the curtain and introduce you to some of the sharpest minds in business, education, and politics so that you can learn how to scale your business faster and more efficiently and achieve greater success in your professional and personal life! You are going to learn from some of the highest-paid experts, entrepreneurs, and business leaders about their specific tactics, strategies, and insider tips on leadership, leverage, technology, hiring, and building an amazing culture so that you can create the success and the change you’ve been looking for. I’m Young Lee…. Welcome to the Success Game. Also, be sure to subscribe, if you haven't already, so every podcast gets sent straight to you and you don't have to go searching for it! See you next week on the Success Game!
https://younglee.captivate.fm
episode 13: Short term rental lifehacks for long term gain with Austin Linney
Austin Linney is a real estate investor, business coach, and the host of Construct Your Life podcast. Perhaps more importantly he’s an entrepreneur with a ruthless work ethic that is absolutely crushing it with his short term rental business, coaching, and podcast.
He chats to Young Lee, the host of Chicago Business Review, and spills all his secrets on how to make money on platforms such as Airbnb. Very generous with his advice and time, there’s business philosophies that sit atop practical workarounds that inform Austin’s success. We’re here to lap up this knowledge, start earning more — and experiencing more too.
Because as Austin points out, experience is the new currency that everyone is after. Working smart — not just being busy — can free you up to travel and seek out new business opportunities.
As Young exclaims during the episode, “This is a crazy episode. I can’t believe how much value you’ve provided.” And he’s right, there are so many nuggets of wisdom for all aspiring Airbnb owners that this is one episode you really won’t want to miss!
"All the answers that you seek are on the other side of action." – Austin Linney
In This Episode:
- How Austin got started in short term rentals
- ‘You can’t see the label from inside the bottle’
- The only way through is by action
- Basic, brilliants tips for for upping your Airbnb game
- Pick a market where you yourself would like to travel
- Never underwrite an Airbnb property based on AirBnB numbers
- Unlocking your property from a beach in Spain
- The new currency of experiences
- Investing in a setup team
- The crazier your property, the better
- Chris’s backstory that drove his ambition
- Don’t tell your kids, “This is all for you!”
- Austin’s future legacy
And so much more!
Resources mentioned by Austin:
- Books:
- What to Say When You Talk to Your Self
- Optimize YOUR Bnb: The Definitive Guide to Ranking #1 in Airbnb Search
- Podcast:
Short Term Rental Secrets Podcast MICHAEL SJOGREN
- Tools:
- AirDNA
- PriceLabs
- Introducing: Smartbnb's iOS and Android mobile apps
- Guesty
Connect with Austin Linney:
- Instagram - Austin Linney (@austin_linney) • Instagram photos and videos
- Facebook - Austin Linney | Facebook
Connect with Young Lee:
- Facebook - Young Lee | Facebook
LinkedIn - Young Lee - Host of the Chicago Business Review Podcast/Show