Remote Traveling Host: Balancing Business and Adventure, with Lauren Coats

Welcome To The Real Estate Underground Show #66!

Lauren Coats harbored a keen interest in traveling since her youth. Inspired by her ventures around the globe, Coats returned to Los Angeles, where she established her own enterprise. At one point, she operated six rental units simultaneously, which enabled her to accumulate significant cash flow rapidly. Coats' success didn't go unnoticed, and in 2018, she published a book titled Airbnb: Beginners Guide - a comprehensive account of her personal strategies.

In this episode, you will discover:

• How to achieve the ultimate freedom by setting up efficient systems and by building trust with your property manager.
• How a traveling host has transitioned from being an Airbnb host to a consultant in the wake of the pandemic.
• How she determines which model is appropriate for hosts. 
• How location and providing a unique experience for guests affects profit.
• The importance of analyzing AirDNA data to ensure your target market is correct and your property is a good fit before creating an Airbnb business plan and executing it.

Join us as we go behind the scenes to learn from a seasoned remote traveling host and gain insights into the world of Airbnb business management.

Resources:

• Airbnb Express: https://lauren-coats-s-school.teachable.com/p/airbnb
• Book a Discovery Call: www.calendly.com/laurencoats144

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Additional Resources:

• Clark St Capital -> Passive real estate investments for busy business owners and executives
• Elevista -> AI SaaS for real estate investors
• Clark St Academy on YouTube -> Learn how to invest in real estate

Social Media:

• LinkedIn -> Ed Mathews (President at Clark St and Elevista)

Heads up: If you find this week's book intriguing and you buy using our link, we receive a small commission that helps support the show. Thank you!