Short Term Vacation Rentals

Short Term Vacation Rentals Success Stories [2024]

Pat Walls

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Updated: October 10th, 2024

Short-term vacation rentals can transform your spare room or entire property into a source of consistent income. The concept is simple: list your space on platforms like Airbnb or VRBO, manage bookings, and host travelers.

The real allure lies in flexibility and potential profits. You control when your property is available and can charge premium rates during peak seasons or local events. However, it's not all passive earnings. Expect tasks like cleaning, property maintenance, and guest communication.

With initial investments in furnishing and marketing, you'll need a bit of entrepreneurial drive. But for those willing to put in the work, short-term vacation rentals offer a rewarding blend of hospitality and income.

Consider this business idea if you're looking for an engaging side hustle or a full-time venture that capitalizes on your existing real estate.

In this list, you'll find real-world short term vacation rentals success stories and very profitable examples of starting a short term vacation rentals that makes money.

1. Cardiff Vacations ($150K/year)

Julio and Alison Sanchez came up with the idea for their vacation rental business, Cardiff Vacations, after inheriting properties from Alison's parents. They decided to remodel the properties and rent them as vacation rentals to share the beauty of their beach homes with people from all over the world. With an average revenue of $50k per year and property, they continue to focus on their online presence and targeted marketing strategies to attract more guests.

How much money it makes: $150K/year
How much did it cost to start: $30K
How many people on the team: 12

How We Started A $12K/Month Beachside Vacation Rental Business

This case study explores how a couple turned their childhood homes into vacation rentals, welcoming around 3k guests annually and generating an average revenue of $50k per year and property by focusing on a strong online presence and organic traffic.

Read this case study

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