Passive Investing in Short-Term Rentals with Tamara Jones, Ep. 481

Tamara N. Jones is the CEO & Founder of Bucket List Stays LLC. She is passionate about the delivery of vacation rentals to investors for a completely passive investment. Tamara provides full-service management to property owners worldwide, including Property Management, Online Services, Vacation Rental Marketing, and Community Growth to drive process improvements, competitive advantage, and bottom-line gains.

We talked to Tamara about the short-term rental space, the arbitrage strategy to avoid risk, the New Orleans short-term rental market and investing overseas.

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[00:01] Opening Segment 

• Tamara talks about her background; 

• She talks about how she got into the short-term rental space; 

[05:33] Arbitrage for Short-Term Rentals

• Test the market with arbitrage;

• What not to do in your first short-term deal;

• Why the New Orleans Market;  

[17:47] Investing and Managing Remotely

• How to manage properties from a distance; 

• One common mistake short-term rental investors make;

• Investing overseas and some of the challenges;  

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[27:37] Round of Insights

Apparent Failure: Her first tiny house deal.

Digital Resource: A channel manager and pricing optimizer

Most Recommended Book: Traction 

Daily Habit: Journaling

#1 Insight for Having Successful Short-Term Rentals: Make sure that the deals that you are getting in provides you flexibility.

Best Place to Grab a Bite in Atlanta, Georgia: Cheesecake Factory

Contact Tamara:

Learn more at bucketliststays.co and go to pinkpassiveincome.com to learn more about investing passively in short-term rentals.  

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