Course curriculum

  • 1

    Module 1: This is a business, not a home, not a hobby.

    • Introduction

    • Lesson 1: Vacation Rental Property Primer

    • Lesson 1.1 Defining Vacation Rental Property

    • Lesson 1.2: Where is VRP?

    • Lesson 1.3: Where, Why, Who

    • Lesson 1.4 The Real World

    • A Deadly Commitment

    • Self-examination
  • 2

    Chapter 2: Business, not Hobby

    • Module 2: The Business of Vacation Rental Property

    • Lesson 2.1: Vacation Rental Property is NOT a Hobby

    • Lesson 2.2: Your VRP Business Plan

    • Lesson 2.3: Complete an Executive Summary

    • Lesson 2.4: Perform a Company Analysis

    • Lesson 2.5: Perform an Industry Analysis

    • Lesson 2.6: Perform a Customer Analysis

    • Lesson 2.7: Perform a Competitive Analysis

    • Lesson 2.8: Create Your Operations, Marketing, Revenue Management, and Financial Plan

    • Lesson 2.9: Write Down Key Business Milestones and the Vision for the Future of Your Business

    • Chapter 2 Review
  • 3

    Module 3: Your Business Entity

    • Lesson 3.1: Sole Proprietorship

    • Lesson 3.2: Partnership

    • Lesson 3.3: Corporations: C Corp and S Corp

    • Lesson 3.4: LLC

    • Lesson 3.5: Business Entity Recommendations

    • Lesson 3.6: Group Investment

    • Chapter 3 Review
  • 4

    Module 4: Your Product

    • Lesson 4.1: Go With What You Know

    • Lesson 4.2: Existing Property vs. New Construction

    • Lesson 4.3: Residential Architecture Primer

    • Lesson 4.4: Design Considerations

    • Lesson 4.5: VRP Construction

    • Chapter 4 Review
  • 5

    Module 5: Location (Location, Location!)

    • Introduction: "Best" Locations vs. "Popular" Locations

    • Lesson 5.1: National and Natural Renter Attractions

    • Lesson 5.2: Mountains and Ski Slopes

    • Lesson 5.3: Beaches

    • Lesson 5.4: Bright Lights, Big Cities!

    • Lesson 5.5: Theme Parks

    • Lesson 5.6: Positioning

    • Lesson 5.7: Resorts with Vacation Rental Property

    • Chapter 5 Review
  • 6

    Module 6: Your Acquisition Process

    • Lesson 6.1: Build Your Team: Realtor, Attorney, Accountant, Lender

    • Lesson 6.2: Be Realtor Ready

    • Lesson 6.3: Lawyer Up

    • Lesson 6.4: Accountant Alliance

    • Lesson 6.5: Lean On Your Lender

    • Chapter 6 Review
  • 7

    Module 7: Your Purchase Process

    • Lesson 7.1: New vs. Existing Construction Redux

    • Lesson 7.2: Vacation Rental Property Financial Projections

    • Lesson 7.3: The Negotiation

    • Lesson 7.4: Closing the Transaction

    • Chapter 7 Review
  • 8

    Module 8: Operating your Vacation Rental Property

    • Lesson 8.1: Guest Experience

    • Lesson 8.2: Marketing

    • Lesson 8.3: Pricing Strategies and Other Operations Tasks

    • Lesson 8.4: Repair and Maintenance

    • Lesson 8.5: Customer Service

    • Lesson 8.6: Resources for DIY Management

    • Lesson 8.7: DIY v. Third-Party Management

    • Chapter 8 Review
  • 9

    Module 9: The Future of Vacation Rental Property

    • Introduction

    • Lesson 9.1: Infrastructure

    • Lesson 9.2: Operations

    • Lesson 9.3: Branded Communities

    • Lesson 9.4: The Next Evolution of VRP Management

    • Chapter 9 Review
  • 10

    Module 10: Income Producing Residence Club Membership in VRP

    • Introduction

    • Lesson 10.1: The Residence Club: A New Model for VRP

    • Lesson 10.2: A Pragmatic Approach to VRP

    • Chapter 10 Review

    • Conclusion