- Rethink the Rat Race

How Can We Help You?

Featured On

Articles

Podcasts

We're Cooler on Social Media

rethinktheratrace

My dad left everything he knew when he left from C

My dad left everything he knew when he left from Cyprus to come to the US for college 🏫

Through hard work and determination he succeeded in the states and now lives a typical American life 🇺🇸

And after all that sacrifice and effort, my siblings and I dream of living there and go back as often as we can 😂

This is your reminder to keep your dream life in mind when you’re working towards it 💭

A life on the beach in Mexico doesn’t take millions of dollars. A life on South Beach does so hustle accordingly 😅

👉🏼 Follow @rethinktheratrace for more tips on financial freedom with real estate! 👈🏼
.
.
.
.
#rethinktheratrace #airbnb #airbnbhost #airbnbsuperhost #shorttermrental #shorttermrentals #vacationrental #vrbo #realestate #realestateinvestor #realestateinvestment #realestateinvesting #propertymanager #propertymanagement #landlord #investmentproperty #investment #passiveincome #financialfreedom #financialindependence #biggerpockets

The numbers are in!! 🤑 For October, we had 6 b

The numbers are in!! 🤑

For October, we had 6 bookings 🛏️

Here is the finance breakdown:
Expenses:
- Utilities: $50.98 🔌
- HOA: $113 🏢
- Internet: $70 💻
- Cleanings: $360 🧹
- Insurance: $42 👩🏼‍⚖️
- Streaming services: $12.13 📺
- Gifts for guests: $18.60 🍻
-Misc: $101.81 (replenishing stolen supplies 🙄)

Total expenses: $768.52 🫰🏼
Income: $2,249.20 💸
Profit: $1,480.68 💰

You may notice that the supplies amount was high. We’ll that’s because one of the last guests of the month stole ALL of the supplies we leave for guests. The shampoo, conditioner, body wash, hand soap, toilet paper, paper towels and trash bags. 🤬

We understand that when you leave things like this for guests, it’s always a risk that someone takes it. This is just the first time it happened. It didn’t help that this guest checked out over an hour late 🙄

👉🏼 Follow @rethinktheratrace for more tips on financial freedom with real estate! 👈🏼
.
.
.
.
#rethinktheratrace #airbnb #airbnbhost #airbnbsuperhost #shorttermrental #shorttermrentals #vacationrental #vrbo #realestate #realestateinvestor #realestateinvestment #realestateinvesting #propertymanager #propertymanagement #landlord #investmentproperty #investment #passiveincome #financialfreedom #financialindependence #biggerpockets

It’s not all rainbows and sunshine managing your

It’s not all rainbows and sunshine managing your own rentals! 🌈

We’re usually very hands-off when it comes to going to our STR’s but on Thanksgiving we had a problem with a guest 🦃

His checkout time was at 10:00, at 11:00 he was still there and our cleaners couldn’t get in 🤦🏻‍♂️🤦🏼‍♀️

We went to the place and asked the guest if he needed help packing. It was over 2 hours past his checkout time by the time he actually left 💨

It was disrespectful to our cleaners and to ourselves. We both had to take more time out of our days to wait on a guest who can’t follow simple directions 📄

But, we’ve added an explicit late fee to our listing and house rules, so we make sure the lessons are learned and try to prevent these situations in the future! 🚫

👉🏼 Follow @rethinktheratrace for more tips on financial freedom with real estate! 👈🏼
.
.
.
.
#rethinktheratrace #airbnb #airbnbhost #airbnbsuperhost #shorttermrental #shorttermrentals #vacationrental #vrbo #realestate #realestateinvestor #realestateinvestment #realestateinvesting #propertymanager #propertymanagement #landlord #investmentproperty #investment #passiveincome #financialfreedom #financialindependence #biggerpockets

It’s another Shitpost Saturday! Follow this fo

It’s another Shitpost Saturday!

Follow this formula to rent any house:
-Approach the owners 🏠
-Ask to rent the place 💸

If they say yes then you’re golden 🥇
If they say no, then here’s the hack 🚫
-Tell them firmly, but politely, that you know where they live📍
-Mention that you also know how to start a fire 🔥

This hack pretty much works every time & definitely won’t get you arrested 🤪

👉🏼 Follow @rethinktheratrace for more tips on financial freedom with real estate! 👈🏼
.
.
.
.
#rethinktheratrace #airbnb #airbnbhost #airbnbsuperhost #shorttermrental #shorttermrentals #vacationrental #vrbo #realestate #realestateinvestor #realestateinvestment #realestateinvesting #propertymanager #propertymanagement #landlord #investmentproperty #investment #passiveincome #financialfreedom #financialindependence #biggerpockets

How to make your Airbnb stand out 👀 Put in a f

How to make your Airbnb stand out 👀

Put in a feature or combination of items that become a feature themselves 🤔

For example, we have a coffee bar that cost us under $100 🤩

The coffee bar consists of a drip coffee maker, espresso machine, French press and a Keurig ☕️

This makes us stand out from our local competition and appeals to coffee lovers. Which are the only people we trust 😉

What are some ways that your Airbnb stands out from your competition? 🤔

👉🏼 Follow @rethinktheratrace for more tips on financial freedom with real estate! 👈🏼
.
.
.
.
#rethinktheratrace #airbnb #airbnbhost #airbnbsuperhost #shorttermrental #shorttermrentals #vacationrental #vrbo #realestate #realestateinvestor #realestateinvestment #realestateinvesting #propertymanager #propertymanagement #landlord #investmentproperty #investment #passiveincome #financialfreedom #financialindependence #biggerpockets

‼️ CLOSED ‼️ 🚨 GIVEAWAY!!! 🚨 We ar

‼️ CLOSED ‼️

🚨 GIVEAWAY!!! 🚨

We are excited to announce that we are giving away a chance to hear James, and other personal finance enthusiasts, speak at the 2023 EconoMe conference! 🤩

HOW TO ENTER:
- Follow us, @rethinktheratrace & @economecon econome
- Like the post ❤️
- Tag 3 friends 👯‍♀️
- Bonus entry if you share to your story and tag us!

The contest ends Friday, November 24, 2022 at 4:00 pm CST!

You don’t want to miss this personal finance PARTY! 🎉🎉

👉🏼 Follow @rethinktheratrace for more tips on financial freedom with real estate! 👈🏼
.
.
.
.
#rethinktheratrace #airbnb #airbnbhost #airbnbsuperhost #shorttermrental #shorttermrentals #vacationrental #vrbo #realestate #realestateinvestor #realestateinvestment #realestateinvesting #propertymanager #propertymanagement #landlord #investmentproperty #investment #passiveincome #financialfreedom #financialindependence #biggerpockets

Load More Follow on Instagram