[Ep 1] Our Success Stories

Superhost Unveiled

Have you been thinking of a new project to invest in? Are you looking to diversify your income by adding a second stream of income? Are you looking for something you can have more control over? With the current state of the world, many people are searching for additional forms of income.

Husband and wife duo Peter and Julia Plourde had these same questions. Over the course of one year, they went from investing in one vacation rental property to managing over 20. Their quick success gave Peter the confidence to retire early from his secure restaurant management job and move to North Conway so that he and his wife could enjoy their passions of hiking, running, and skiing every day instead of just on rare vacations.

Despite their quick success, the idea to invest in a vacation rental had floated around for years. They had some extra money laying around and was looking for something that they could invest in aside from the volatile stock market. It was Julia who suggested investing in a vacation rental. Peter, did his research and dived into any free content he could find from Youtube videos to Podcasts. In his research, he discovered that many of the experts suggested investing far from your primary residence. They pondered Colorado, but in the end, Julia suggested finding a property in their favorite vacation destination North Conway, NH which was only 2 hours away.

In the past, they had invested in real estate for long-term rentals and while it was successful, Peter found that he HATED it. He didn't like being a landlord, where his tenants didn't care for the property and he had to evict people. This made the Plourdes wary of investing in real estate again, but with their combined 25 years of hospitality experience, they felt confident that a vacation rental would be the right decision for them.

In the Fall of 2019, they invested in their first property. A medium-sized home in a sought after neighborhood. Within 72 hours of closing, they had prepared the property for guests and listed it on Airbnb. Within 24 hours of listing, they had their first booking.

As one can imagine, having their first guest was a nerve-wracking experience. Peter feared that the guest would trash their house or even worse, refuse to leave the property. Despite, this they did everything that they could to set up the experience for success. They created an automating messaging sequence that would make the guest feel welcomed and cared for throughout their visit, not just before they arrive. They left a heartfelt note with a bowl of snacks for the guests upon their arrival. The home was immaculately cleaned and stylized to make the guests feel at home in the mountain home.

All of their nerves dissipated when Peter watched the guest sweep the front steps on their Ring Doorbell. It was at this moment when they knew that they had made the right decision.

At this time, Julia dedicated her time to drive the 2.5 hours both ways to turn over the house between guests. It was manageable at first but soon proved to weigh on her, especially in the harsh New England winters when it got dark at 4 PM. Julia and Peter decided to hire two cleaners recommended to them by Julia's sister, local hikers who were always looking for some extra cash. Hiring the cleaners alleviated a lot of the stress and with the success of their first property, Julia and Peter decided to invest in a second.

READ MORE