Show notes
GUEST BIOJulie George is the author of the “Million Dollar Host” and is now a consultant in the short term rental industry. She listed her first property on Airbnb in 2016 and in less than 3 years she was managing 130 properties on Airbnb for property owners and had amassed an excess of 8 million dollars in bookings. In late 2019 she sold her property management business to a larger company. She is now considered one of the world's leading experts in Short term rentals and consults other entrepreneurs on how to build a successful business in the sharing economy.HIGHLIGHTS OF THE EPISODE02:45 Julie’s introduction04:26 How she ended up getting in the Short term rental game.05:41 Her next step after she got her listings up and running.07:56 How she convinced her investors about doing Airbnb09:40 How she came up with her systems11:41 Salaries and breakdowns13:19 How she structured the business14:49 How she handles contractors with bad reviews16:24 Who handles the financial side of the business18:10 How she tried to branch out to other platforms and how it went out20:10 How Airbnb went during Covid1921:08 How she utilized her website23:32 Her special way on approaching real estate brokers25:39 Did she consider giving commissions to real estate brokers27:17 How she identifies her ideal property owner.29:41 What her day looks like now that she's not a host anymore31:50 Her next step34:39 What business men were looking for to acquire her business39:41 Her thoughts and where she sees the entire business going with Covid42:41 What is her number 1 best secret for success as a short term rental operator?NOTABLE QUOTES (KEY LESSONS):“That first property’s gonna be the hardest one to get but once you’ve got it you’re gonna figure it out.” - Julie George“Smile your way through any mistakes and just enjoy the ride.” - Julie GeorgeBOOKS MENTIONED:Million Dollar Host - Julie GeorgeCONNECTING WITH THE GUESTFacebook: https://bit.ly/32oYoHRLinkedIn: https://bit.ly/2WrPXrAInstagram: https://bit.ly/3hvbUhJWebsite: milliondollarhost.com.au Learn more about your ad choices. Visit megaphone.fm/adchoices
