Ep 39 - From renting a room on Airbnb to 75 unit with Tia Bailey

GUESTS BIO Tia Bailey - Tia is a 29-year-old serial entrepreneur who got into the short-term rental industry because of an internship she had in Brazil. She stayed with an Airbnb family for 3 months and got to experience Brazil like a true local. She realized that this would be an amazing opportunity that her family could take advantage of and when she got home in 2017, she convinced her parents to turn their upper apartment in their home into an Airbnb. Due to the immediate financial success that it had, her parents were able to start paying off their credit card debt and be able to finally start saving. HIGHLIGHTS OF THE EPISODE 03:29  Tia’s biography/introduction. 04:44  How she started her short term rental business. 09:37  Talking partnerships with homeowners. 10:49  The best lead source for the co-hosting model. 13:23  An amazing experience on a networking group called BMI. 15:34  Is Tia doing the Management model or Arbitrage? 23:12  What model she’s using on her new property/project. 29:53  Being the destination. 32:50  Tips and how to look at opportunities. 35:57  A new concept for your short term rental. 38:56  Making money off of your cleaning fees. 43:32  Where can you get in touch and learn more about Tia Bailey. 45:24  Tia’s #1 secret to success with short term rentals. NOTABLE QUOTES (KEY LESSONS): "My whole body resonated and pretty much was like, 'go tell the owner of the building you're taking the entire project.' And so I did." - Tia Bailey "No one's doing what I'm doing on this level and on this scale. So it's crazy but it's been amazing!" - Tia Bailey "I don't care so much about the money coming in because I'm all about the service that's being provided to these guests." - Tia Bailey "I had to become a person of value in order to truly and authentically provide services that would be valuable to anybody and everybody." - Tia Bailey CONNECTING WITH THE GUESTS Facebook: https://www.facebook.com/tia.bailey1 Facebook Page: https://www.facebook.com/permalink.php?id=101495954547923&story_fbid=397976024899913 Instagram: https://www.instagram.com/tiabailey.bnbspecialist/ Learn more about your ad choices. Visit megaphone.fm/adchoices