Feb 6, 2023
James Svetec is a knowledgeable AirBnB operator. He got his start in the short-term rental market by managing properties in Downtown Toronto. Riley Oickle is a specialist and mentor in multi-family residential market. Both now assist vacation investors find success across North America. They check in with the show today to talk about what they are seeing in Florida and share some hacks on the vacation rental market.
Key Discussion
Points
[01:06] Introduction
by Eric & Steven
[05:19] About our
guests: Riley Oickle & James Svetec
[06:25] James: How did
you get to where you are today? And why are you doing what you're
doing?
[07:29] Riley: How did
you get to where you are today?
[08:10] So you're
based in Canada but you work with people in the Florida market,
correct?
[08:49] What are you
seeing with the B&B market in Orlando?
[10:42] What are 2 or
3 big things to keep in mind for investors considering purchasing
property for a vacation rental?
[12:22] How do you
deal with maintenance and property management?
[14:07] What's the
differential in the investment return of a typical 3 bedroom condo
rental vs an air B&B rental
[15:33] What is AirDNA
and how does it help investors succeed in the vacation rental
market?
[18:35] What do you
look for to decided if a property is a good deal or not?
[20:43] With Florida
hotels coming back strong, and AirBnB growing also, how do you see
this all moving forward?
[24:38] How do you
help potential investors overcome objections to AirBnB? (i.e.
marketability, maintenance, etc)
[31:52] How can
people reach you?
[32:27] Closing
comments by Eric & Steven
About Our
Guests
Today we have with us
James Svetec and Riley Oickle. They are the co-owners of BnB Inner
Circle based in Canada. James is an Airbnb expert. He is an
investor and a coach. He got his start in short term rental space
by managing so me of the most successful short term rental
properties in downtown Toronto. Riley is also a Canadian real
estate investor and he specializes in multifamily residential
investing.
After building a
successful maintenance company, Riley transformed into real estate
investing and started buying income properties around the
southwestern area of Ontario. Today, they both have a coaching
company where they help people be successful in Airbnb and short
term rentals.