Ep 14 - STR Secrets - Using Data to Find the Perfect Short Term Rental with Rory Cummins

GUEST BIO Rory Cummins grew up in Charlotte NC & studied business at ASU. He spent the next 8 yrs as a project manager in new home construction though I later moved into sales. After a few years, he decided to leave the US to fulfill a dream of world travel which took me through 5 continents over 1-1/2 years. The experience was life changing, and he met my wife while traveling & ended up back in Charlotte. In the past few years he's flipped 21 homes, grown a Realtor business, managed Airbnbs and long term rentals, & he's currently with Keller Williams. He has a 1 yr old and 4 yr old daughter that keep him engaged. He's a voracious reader, loves to mountain bike & he's addicted to travel. HIGHLIGHTS OF THE EPISODE 03:08  Rory’s introduction 04:30  Rory’s process of being on the construction side to short term rentals. 08:52  Purchasing the property to have control over it. 11:04  The great thing about co-hosting. 13:30  Mindset around identifying the right market and properties in certain areas. 18:45  Airdna and other systems Rory uses when acquiring properties. 23:21  Don’t put yourself in a negative situation. 25:11  One of Rory’s new criteria. 27:52  Handling and managing properties in multiple markets. 31:33  How to analyze markets. 32:07  How Rory’s helps with the business. 33:55  Rory's team. 39:16  What systems are Rory and his team are using? 40:45  Mastermind your property. 45:49  Rory’s number 1 secret for success in short term rentals. 47:43 Where can people find Rory Cummins? CONNECTING WITH THE GUEST Facebook: www.facebook.com/rory.cummins.12 Instagram: www.instagram.com/kw_rcummins LinkedIn: www.linkedin.com/in/rorycummins Gmail: [email protected] Website: www.coolbnbs.com, funbnbs.com Learn more about your ad choices. Visit megaphone.fm/adchoices