Episode 187: Turning Short Term or Midterm Rentals into Big-Time Profits with Mark Krikke
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Manage episode 362532630 series 2924101
For further information go to: www.jenniferjhammond.com
The Jennifer J. Hammond podcast features an interview with Mark a short-term rental and Airbnb expert who runs a property management company in Canada with his wife, Kirsten.
They got into short-term rentals by accident after purchasing a house with a basement apartment. They started renting out the basement apartment on Airbnb after experiencing some good and bad long-term renters.
They eventually bought a second house and turned it into a duplex, renting out both units on Airbnb.
Due to the conservative nature of banks in Canada towards self-employed entrepreneurs, they started a property management company to manage other people's Airbnb properties.
Mark and Kirsten also have a background in other businesses, and during the pandemic, they decided to expand their Airbnb business by offering virtual experiences.
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