Episode #952 When you think about short-term rental and Airbnb markets, what comes to mind? Joshua Tree, the Smoky Mountains, maybe Destin? We all know about the famous short-term rental markets, but what about the not-so-famous ones? You know, the unsexy markets where you book an Airbnb for a conference or when you’re going to see extended family? That’s right; we’re talking about everyday American markets like Cincinnati, Ohio. But surprisingly, these markets make some of the best investments for short-term rental investors like Jarrod Tucker and Yiwei Cheng. Jarrod and Yiwei moved to Cincinnati for work shortly after catching the real estate investing bug. They knew they wanted to invest in real estate, but long-term rentals only came with measly cash flow that would never support their passive income goals. So, what’s the next best option? Short-term rentals! Unfortunately, Cincinnati isn’t known as a popular vacation getaway, but it didn’t have to be to support Jarrod and Yiwei’s cash flow dreams! Now, five years after the start of their investing journey, they have ten rentals of their own and manage a couple dozen more for other investors. The question is, how do you make money with short-term rentals in an unsexy market? Jarrod and Yiwei walk through their tips for finding the right properties, keeping occupancy rates high, buying real estate when your DTI (debt-to-income) gets maxed out, and why you MUST separate yourself from the basic short-term rentals to reach your financial goals. ~~~~ Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media ~~~~ Expand Your Investing Knowledge With the BiggerPockets Books: https://store.biggerpockets.com/?utm_source=owned_media ~~~~ Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch ~~~~ Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders ~~~~ Hear Dave and Henry On the “On the Market” Podcast: https://link.chtbl.com/OTM ~~~~ Investing in Short-Term Rental Properties: A Beginner’s Guide & How to Get Started: https://www.biggerpockets.com/blog/short-term-rental-strategy?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Top 5 Short-Term Rental Markets For High Returns and Growth: https://www.biggerpockets.com/blog/best-short-term-rental-markets-for-high-returns-and-growth?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Connect with Jarrod and Yiwei on BiggerPockets: Jarrod: https://www.biggerpockets.com/users/jatucke2?utm_source=youtube&utm_medium=description&utm_campaign=none Yiwei: https://www.biggerpockets.com/users/yiweicheng?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Connect with Dave: BiggerPockets: https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none Instagram: @thedatadeli or https://www.instagram.com/thedatadeli/ ~~~~ Connect with Henry: BiggerPockets: https://www.biggerpockets.com/users/henryw22?utm_source=youtube&utm_medium=description&utm_campaign=none Henry: @thehenrywashington or https://www.instagram.com/thehenrywashington/ Show notes at: https://link.chtbl.com/BPRE 00:00 Intro 01:36 The Accidental Airbnb Host 08:07 Short-Term Rentals in…Cincinnati? 13:16 Are Short-Term Rentals Saturated? 19:25 Tips for Higher Occupancy 22:10 Scaling with High DTI (Debt-to-Income) 31:45 Advice for New Investors