Jun 22, 2022
Bombarded with student loans and constant worry about how she and her partner can be financially free, she found her answer in short-term rentals.
In this episode of Living Off Rentals, we get to listen to Dr. Rachel Gainsbrugh. Coming from Haiti, she strived hard to become a doctor. However, rather than just relying on her salary from her 9-5 role as a pharmacist, she leaned into short-term rentals and her business has been thriving ever since.
If you want to learn how she spiraled from owning one vacation property to owning or managing 18 properties, you need to tune in.
Key Takeaways:
[02:40] Dr. Rachel Gainsbrugh elaborates on how
she came to the conclusion that she may not be a fit for the whole
9-5 thing and how important knowing yourself helps in identifying
your endeavors.
[06:35] The story of how she got her first property - who would’ve thought that it would come from a Zillow alert?
[11:16] She discusses the pricing strategy and how she got her first booking on the first property venture she ever made.
[14:00] How did her single vacation property become 18 properties?
[20:45] Following the success of her first property, did she use any pricing metrics or have particular strategies to follow?
[24:49] How was she able to monitor and manage properties from neighboring states?
[31:17] Getting your property featured in one of the most popular streaming platforms
[35:18] She discusses how she transitioned from a 9-5 to becoming a vacation rental property owner.
[42:35] How does Dr. Rachel Gainsbrugh assess risk?
[44:51] She shares her goals and her aspirations of helping others thrive in short-term rentals.
Guest Resources:
Facebook Group -
https://www.shorttermgems.com/join-our-facebook-group
Show Links:
Living Off Rentals YouTube Channel -
https://www.youtube.com/c/LivingOffRentals
Living Off Rentals Facebook Group - www.facebook.com/groups/livingoffrentals
Living Off Rentals Website - www.livingoffrentals.com
Living Off Rentals Instagram - www.instagram.com/livingoffrentals