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In this video, we go over how to build wealth with short-term rentals in 2025 and beyond. Michael from STR Wealth Academy breaks down the process into three key stages: The Grind, where you focus on replacing your income and gaining time freedom through strategies like rental arbitrage or partnerships; The Growth, where you implement systems, build a team, and potentially begin acquiring properties to scale your portfolio; and The Gold, where you establish long-term wealth and financial freedom by prioritizing ownership and avoiding lifestyle creep. This roadmap is designed for both beginners and seasoned operators looking to thrive in a shifting industry.
In this video, we go over the five essential tools and devices needed to manage short-term rental properties remotely, including smart locks, smart thermostats, supply closet locks, exterior cameras, and channel management software. The hosts share practical tips, their preferred tools, and strategies for automating processes, ensuring security, and maintaining seamless operations from anywhere in the world.
The short-term rental market is evolving, and standing out is no longer optional—it's essential.