In this engaging episode of The Hideaways Show Behind the Curtain, hosts Jordan Holmes and Mike Sebastian, delve into the remarkable transformation of their 420-square-foot cabins.
They share how strategic investments turned ordinary cabins, originally earning around $3,100 per month, into high-revenue assets, achieving a staggering 115% increase in monthly revenue and peaking at $11,000 in July.
Through innovative financing, including a $25,000 0% interest credit card and tapping into property equity, they funded these projects without accumulating much debt. The hosts emphasize the critical role of top-tier social media content in driving bookings, achieving direct bookings up to an astonishing 91%.
This episode showcases how going all-in on unique ideas led to tripling their monthly revenues and unlocking new levels of success in the STR market.
Interested in being a part of the next great amenity idea at our cabin, The Taoist, at the Rock Haven Hideouts?
Book a stay at The Taoist and use code "TAOISTCASESTUDY" to get 25% off your stay.
And the best part - if your idea gets selected and implemented at The Taoist, you will receive an additional FREE 3-day stay.
Build Your Hideaway Instagram: https://instagram.com/buildyourhideaway
Check out the properties we talk all about at The Hideaways: https://thehideaways.co
About the show:
Join us every week for The Hideaways Show! We're the team behind The Hideaways, a collection of unique vacation rentals across the U.S. Our goal is to share our journey with you, from the challenges we've overcome to the lessons we've learned. Tune in to learn and grow with us!
More ways to connect with Mike Sebastian:
- Instagram: https://instagram.com/matmiike
- LinkedIn: https://linkedin.com/in/matmiike/
- X: https://x.com/matmiike
More ways to connect with Jordan Holmes:
- Instagram: https://instagram.com/jkholmes_rei
- LinkedIn: https://linkedin.com/in/jkholmes-rei/
- X: https://x.com/jkholmes_rei