In this episode, we explore Lifestyle Asset Investing with Katie Cline, an award-winning PR executive, real estate investor, and host of the Suite Success podcast. She shares why investors should look beyond just the numbers when evaluating rental properties and how to balance financial returns with personal lifestyle benefits.
🌍 What You'll Learn:
✔️ What Lifestyle Asset Investing is and how it differs from traditional real estate investing
✔️ The benefits of owning short-term rentals in places you love
✔️ How to balance personal use with profitability
✔️ The biggest mistakes investors make when turning second homes into rentals
✔️ Why seasonality, expenses, and management costs matter in STR investments
⏳ Timestamps:
0:00 - Most investors focus only on numbers—why that can be a mistake
0:45 - Meet Katie Klein: PR executive turned real estate investor
1:30 - Why she only invests in places she loves to visit
2:20 - How knowing your ideal guest improves rental success
3:10 - The danger of emotionally overspending on a second home
4:00 - How to use AirDNA and PriceLabs for better investment decisions
5:15 - The importance of defining your real estate investment goals
6:30 - Seasonality, cash flow risks, and why short-term rentals need flexibility
7:45 - The hidden cost of being ‘tied’ to a vacation rental
8:30 - Key takeaways & final thoughts
