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Does Networking Really Matter? With Alicia Wright

When venturing into short-term rental space, there’s a lot to learn, and the learning curve can be daunting. 

Personally, I’ve found that connecting with a community of like-minded people has been incredibly helpful for me – in SO many ways. I’ve been able to learn from their experiences, gain valuable insights, avoid costly mistakes, and even generate referrals for my business! 

In today’s episode, I’m joined by Alicia Wright, and she shares with us how networking has helped her along her short-term rental journey. She also walks us through how she educated herself before launching her property on Airbnb – and how she’s navigated challenges since she’s launched.

Stay tuned to hear how this young mom is managing her property from 16 hours away – and how networking has played a role in her success!

 Timestamps for the key highlights in the episode

[02:50] Introducing today’s guest; Alicia Wright 

[03:23] The location of her short-term rental

[04:41] Alicia’s criteria for purchasing her short-term rental property 

[11:00] How she educated herself on self-managing a rental property

[12:00] How networking assisted Alicia in launching her STR business

[13:44] The most difficult challenge she encountered when launching her STR

  business and how she navigated it

[17:49] How she was able to build a reliable team

[19:38] Alicia’s experience hosting her first guest

[25:15] The lightning round:

  • Where is your favorite place to vacation?  
  • What’s one place you’ve never been to that you want to visit?  
  • What’s one thing you know now that you wished you knew when you started out in the short-term rental business? 
  • What’s the best piece of advice you’ve ever been given?
  • What’s one thing and/or person that you are grateful for today?

[31:34] Alicia’s advice to people starting out in the STR business

[33:27] How to link with Alicia Wright 


Golden Nuggets

  • “Your network is your net worth.” 
  • When venturing into short-term rental space, it is incredibly valuable to network with other people who have gone before you and have paved the path because they have learnings they can share. 
  • “It feels good to make people feel good.” 
  • “You can make an impact on other people just by sharing your journey.”

     Remember to Subscribe, Rate, Review, Like, and Share! 

Resources Mentioned

  1. Short-Term Rental, Long-Term Wealth: Your Guide to Analyzing, Buying, and Managing Vacation Properties:

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