In this episode of the Boise REIN Show, hosts Matt Osojnicki and Jonna Weber explore the intricacies of investing in short-term rentals. Matt discusses his journey from a military career to becoming a successful real estate entrepreneur, focusing on the transition to short-term rentals and the strategies used to ensure profitability. They cover key topics such as opportunity costs, market analysis using tools like AirDNA, and the advantages of investing in larger properties for short-term rental purposes. Practical tips on making properties stand out, such as professional photography, furnishing, and utilizing dynamic pricing, are shared alongside insights into managing guest inquiries and navigating regulations across different areas. The episode is packed with actionable advice for both novice and experienced investors looking to capitalize on the short-term rental market. 00:00 Unlocking Real Estate Success: The Power of Opportunity Costs 01:07 Turning the Tables: An Insider's Guide to Short-Term Rentals 02:49 Matt's Journey: From Military to Real Estate 04:27 The Short-Term Rental Strategy: A Deep Dive with Matt 14:27 Maximizing Your Airbnb: Essential Tips and Strategies 20:57 Navigating Short-Term Rental Challenges and Opportunities 31:12 Unlocking the Potential of Property Management Software 33:27 The Pros and Cons of Going Off Airbnb Platform 35:26 Future Trends in the Short-Term Rental Industry 38:26 Maximizing Your Short-Term Rental with Design and Tech Hacks 41:17 Investing in Yourself: Learning and Mentorship 46:05 Strategic Insights for Short-Term Rental Success 53:19 Boosting Your Airbnb Revenue: Practical Tips and Hacks 56:40 Understanding Opportunity Costs in Real Estate Investing If you’d like to get in touch with your host Matt Osojnicki: email: matt@yourstaybnb.com Facebook: Matt Osojnicki IG: @mattosojnicki Visit yourstaybnb.com If you're looking to invest in the Boise market or seek long-term property management solutions, don't hesitate to contact Boise Turnkey, brokered by eXp Realty. Visit their website at Boise Turnkey Website or give them a call today at 208-957-0870. For those interested in short-term rental property management, reach out to YourStay at YourStay Website or call them today at 219-577-5774. For all things Boise REIN (Boise Real Estate Investor Network), visit us at www.boiserein.com and learn how you can be a part of our exclusive member community! At Boise REIN, we inspire, connect, and equip others to create wealth and freedom for themselves and their families. Download our free guide: 6 Practical Tips to Kickstart your Real Estate Investment Journey. https://www.boiserein.com/KICKSTART You can also connect with us on Instagram @boiserein to stay up to date and gain inspiration!