"How to Generate 2 to 3 Times the Monthly Cash Flow of a Regular Rental Property"
Featuring
Richard Munroe
GOREIA meets on Thursday, February 24th from 5:30 pm to 8:30 pm with special guest speaker Rich Munroe at the Sihle Insurance Group located at 1021 Douglas Ave, Altamonte Springs, FL.
If you're considering jumping into the fast-moving rapids that is the Short-Term Rental industry, you will definitely want to attend Greater Orlando REIA on February 24th as we bring in a local expert to guide and help you navigate the treacherous waters.
There is an exciting new shared economy that has created a huge opportunity in real estate to increase your returns and profit, two to three times the regular rental amount of a traditional lease.
There have been moratoriums on short-term rentals in both Georgia and Florida due to the COVID pandemic. Corporate travel and tourism has been down for months as more and more people are working from home and traveling less. I will cover the current environment and the future outlook for short term rentals.
On Thursday, February 24th from 5:30PM to 8:30PM, I will cover how to approach the market analysis and develop a conservative estimate of the short term rental revenue based on the average nightly rate and the monthly occupancy percentage.
One of the main reasons for this industry’s growth and success is the Air Bnb platform, I will provide an introduction and overview from a host’s perspective. We will also cover the multiple ways to get started and how to navigate through all the new ordinances and laws on the city, county and state level.
Join me and we will discuss -
- Shared Economy
- Market Analysis
- Air BNB Platform
- Property Options
- Legislative Efforts
- Answers to your questions
RSVP NOW and come learn more about the lucrative opportunity that short-term rentals have to offer.
About our Speaker
Rich Munroe has built over fifteen years of experience with acquiring and improving distressed real estate of over four hundred properties. Mr. Munroe is the managing member of Diamond Edge Properties, an Atlanta based real estate investment firm that specializes in the acquisition, management and hosting of short-term rentals.
Mr. Munroe is a frequent speaker at industry events and is also involved with state and federal legislative initiatives and is an active member of the South Atlanta Real Estate Investors Association, the Atlanta Real Estate Investors Alliance and serves as Board Advisor for Lend Street Financial, Inc., a peer to peer lending platform.
Mr. Munroe serves as Board Member of the Short-Term Rental Owners Association of Georgia (STROAG) which is a statewide, diverse group of property owners and affiliates representing the needs and collective voice of short term rental property owners.