What's Your Short-Term Rental Investing Style?

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Quiz Questions

1.
Why the JUMP into short-term rentals?
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- A.
  Show me the money! I love the idea of consistent cash flow.
- B.
  I'm not really investing, I'm just off-setting the costs of my vacation home!
- C.
  I'm all about growing wealth and diversifying investments, baby!
- D.
  I've got a dream, a lifestyle, in mind and short-term rentals will help me get there.
2.
How hands-on are you/do you plan to be with managing your rentals?
- A.
  I am all about business building, rolling up my sleeves and making it happen.
- B.
  Maybe a little, but I'm not looking to add another job to my resume.
- C.
  Outsourcing it all; my time is better spent on making money.
3.
How often will you use your short-term rental?
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- A.
  Uh, you mean my vacation home? I'll be using it alot!
- B.
  I like the idea of using it, but only occasionally
- C.
  No thanks; my personal travel plans have nothing to do with my short-term rental(s).
- D.
  Off-season, baby! We'll be using it a few weeks/months a year but pulling in the profits as well.
4.
What's your appetite for risk when it comes to investing?
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- A.
  I'm a tortoise, not a hare. Slow, steady, and safe wins the race!
- B.
  I'll take a leap of faith to gain my desired property!
- C.
  I'm up for a bit of a roller coast ride if it means more cash in my pocket!
5.
How do you feel about alternative short-term rental strategies, like glamping, room rentals, leasing vs. buying)
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- A.
  If it makes money, I'm IN!
- B.
  Maybe, if it works within my lifestyle goals.
- C.
  Nah, real estate investing means owning real estate.
- D.
  I'm all over it already!
6.
What drives your location and property criteria for your short-term rental?
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- A.
  Show me the data! Its all about rental demand and property value.
- B.
  My heart leads the way - this is my dream and I'm buying for me.
- C.
  Show me the money! Whatever, wherever it cashflows.
- D.
  I need something I can get to pretty easily that is a solid investment.
7.
If your investment journey was a book, what would be the title?
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- A.
  "How to Retire Early and Enjoy Life"
- B.
  "Exiting Corporate America: 0-$100K in One Year through Short-term Rentals"
- C.
  "The New Age of Remote Work: Nomad Life through Short-term Rental Ownership"
- D.
  "Strategic Wealth-Building; An Investors Guide"
- E.
  "How to Own Your Dream Second Home"

Quiz Outcomes

1.
Hey there, Boss! Or should I say Chairman?!
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Your Results show you are a Chairman - that smart investor who appreciates the benefits of real estate investing and the potential of short-term rentals as a strong return on investment. Like the Chairman of the Board, this investor persona wants to know enough to direct the successful management of the asset and delegate the rest. Chairman come from many walks of life, but they have one thing in common - funds to (re)deploy and limited time or interest in getting involved in the day to day of a short-term rental business. Maybe its a 1031 exchange or maybe its excess funds beyond the annual IRA investment allowance, but the road to wealth for a Chairman is to understand enough to recognize a sound investment and monitor performance. Most Chairman I've worked with struggle with narrowing into a market or are questioning if their existing asset is performing as it should and seeing help to better assess the performance. Hi👋, I’m Kate Stoermer, The CEO HostI’m a coach and consultant within the short-term rental industry who has helped close to 400 individuals find success as short-term rental investors. As a coach to newbies, a consultant running investment analyses and conducting listing audits and optimization reviews; I've been called on to provide ongoing support for folks learning self-management and even coached property management companies toward growth - I've done it all. I've sent you some personalized recommendations for your investor persona based on my deep experience in the industry - keep an eye on your email. Can't wait? Check out my BLOG for some data-backed, real-world insights into short-term rental investing, Join me on FACEBOOK or INSTAGRAM and let's stay in touch!
2.
Hey There! Looks like You are an Industrialist!
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Your Results show you are an Industrialist - a savvy entrepreneur who appreciates the potential within the short-term rental industry as a cash-flowing machine!Industrialists are energized, smart go-getters with a hunger for success. These folks tend to learn everything they can and are quick to jump in. Most Industrialists I've worked with are keen to cut short the learning curve and get started. They are looking to reap the rewards as quickly as can be, often with a goal to build a new career or fund a particular goal. Hi👋, I’m Kate Stoermer, The CEO HostI’m a coach and consultant within the short-term rental industry who has helped close to 400 individuals find success as short-term rental investors. As a coach to newbies, a consultant running investment analyses and conducting listing audits and optimization reviews; I've been called on to provide ongoing support for folks learning self-management and even coached property management companies toward growth - I've done it all. I've sent you some personalized recommendations for your investor persona based on my deep experience in the industry - keep an eye on your email. Can't wait? Check out my BLOG for some data-backed, real-world insights into short-term rental investing, Join me on FACEBOOK or INSTAGRAM and let's stay in touch!
3.
Hey there! You are a rock star Entrepreneur!
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Your Results show you are an Entrepreneur - that smart investor who appreciates the benefits of real estate investing and the potential of short-term rentals as a strong return on investment - and a desire to contribute to the business. Like the Boss, this investor persona wants to know enough to direct the successful management of the asset - and contribute within his/her zone of genius, while delegating the rest. These folks might even spend a few nights simply enjoying the asset - feeling smug and smart knowing the profits are rolling in. The Entrepreneurs I've worked with come from many walks of life, but they all have an interest in having a successful business venture and are willing to roll up their sleeves to get it. The investment potential and tax benefits are intriguing, and for some they see a level of personal fulfillment to be had by contributing to the success of the business - be it through design and set up of the guest experience, self-management and curating a smooth and facile process for guests, pouring marketing expertise in to power success or any number of skills and talents. Many Entrepreneurs I've worked with struggle with the volume of information out there - sometimes conflicting, and time to sort through it all. Hi👋, I’m Kate Stoermer, The CEO HostI’m a coach and consultant within the short-term rental industry who has helped close to 400 individuals find success as short-term rental investors. As a coach to newbies, a consultant running investment analyses and conducting listing audits and optimization reviews; I've been called on to provide ongoing support for folks learning self-management and even coached property management companies toward growth - I've done it all. I've sent you some personalized recommendations for your investor persona based on my deep experience in the industry - keep an eye on your email. Can't wait? Check out my BLOG for some data-backed, real-world insights into short-term rental investing, Join me on FACEBOOK or INSTAGRAM and let's stay in touch!
4.
Hey there! You are killing it as a Lifestylist!
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Your Results show you are a Lifestylist- that smart investor who appreciates the benefits of real estate investing and the potential of short-term rentals to facilitate your dream lifestyle.This investor persona has a vision, and the gumption to jettison the idea of "what we've always done" to tread a new path. The epitome of intentional lifestyle design, the Lifestylist is creating a bespoke life with a savvy to be admired. Short-term rentals are a vehicle to be leveraged for lifestyle and financial gain, and this sophisticated investor is leveraging intentional living to the hilt. Many Lifestylists I've worked with struggle with the volume of information out there - sometimes conflicting, and time to sort through it all. Hi👋, I’m Kate Stoermer, The CEO HostI’m a coach and consultant within the short-term rental industry who has helped close to 400 individuals find success as short-term rental investors. As a coach to newbies, a consultant running investment analyses and conducting listing audits and optimization reviews; I've been called on to provide ongoing support for folks learning self-management and even coached property management companies toward growth - I've done it all. I've sent you some personalized recommendations for your investor persona based on my deep experience in the industry - keep an eye on your email. Can't wait? Check out my BLOG for some data-backed, real-world insights into short-term rental investing, Join me on FACEBOOK or INSTAGRAM and let's stay in touch!
5.
Hey there! You are a Strategist!
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Your Results show you are a Strategist - an incidental short-term rental investor crafting that bespoke life with creativity and pizzaz!This savvy investor persona has a vision, and the gumption to jettison the idea of "what we've always done" to tread a new path. The epitome of intentional lifestyle design, the Strategist is creating a bespoke life with a verve to be admired. The opportunity to leverage short-term rentals is a means to a lifestyle - the ultimate in grabbing life big!Many Strategists I've worked with struggle with the volume of information out there - sometimes conflicting, and time to sort through it all. Hi👋, I’m Kate Stoermer, The CEO HostI’m a coach and consultant within the short-term rental industry who has helped close to 400 individuals find success as short-term rental investors. As a coach to newbies, a consultant running investment analyses and conducting listing audits and optimization reviews; I've been called on to provide ongoing support for folks learning self-management and even coached property management companies toward growth - I've done it all. I've sent you some personalized recommendations for your investor persona based on my deep experience in the industry - keep an eye on your email. Can't wait? Check out my BLOG for some data-backed, real-world insights into short-term rental investing, Join me on FACEBOOK or INSTAGRAM and let's stay in touch!

What's Your Short-Term Rental Investing Style?

Unlock Your Investment Potential: Discover your unique Short-Term Rental Investment Style with our quick and insightful quiz, and gain insights to your specific investment journey! Take the quiz now!

Quiz Questions

Quiz Outcomes