Short Term Rental Success Stories

Investing in short term rentals takes a lot of risk, especially that you will be putting a lot of money and hard work in it, and Michael Cotroneo took that risk. Michael was a full time employee who bought his first single family home in Houston in July 2017. He rehabbed it and turned into a long-term property. Later on, he realized that doing short term rentals is more beneficial since it’s giving him a higher rental income. In addition to that duplex, Michael invested in RVs and currently owns multiple properties in Arkansas. In this episode, Michael shares his experience in transitioning from working as a W2 employee to owning and managing short term rentals. He also talks about the contrast of investing between single family homes and the RVs, and the difference of rehabbing homes for short term rent vs. long term rent.