What if one Airbnb property could fund your travel lifestyle β forever? That's exactly what Mike Cossette and his wife did. In this episode, Mike shares how they turned one downtown home into five successful short-term rentals, supporting a life of freedom, travel, and raising four kids along the way. Whether you're new to real estate or curious about funding adventures unconventionally, this story will inspire you.
π What You'll Learn:
β How Mike started with one Airbnb property and scaled to five β The unique strategy they used to time travel with peak booking seasons β How their travels improved their Airbnb experience β and vice versa β The moment a small lender said yes when others said no β The importance of thinking long-term with short-term rentals β How they manage family life while running multiple properties
β³ Timestamps:
00:00 β Intro: One Airbnb to travel forever? 01:15 β How Mike and his wife got started post-divorce 03:20 β Their first hesitant Airbnb listing and early success 06:10 β Using Airbnb income to fund international travel 08:55 β How global experiences shaped their Airbnb offering 11:30 β The leap from one unit to building a duplex 14:45 β Struggles with traditional lenders β and finding the one that said yes 17:50 β Turning the property into a family-friendly βcompoundβ 21:00 β Managing five Airbnb units with four young kids 23:30 β Advice for new Airbnb investors 25:10 β Where to connect with Mike
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πΌ About Our Channel:
Welcome to SparkRental! We help busy professionals invest in real estate passively without becoming landlords. From syndication insights to productivity hacks, we cover everything you need to build wealth while buying back your time. Subscribe for expert interviews, actionable tips, and exclusive resources!