369. Secrets to Scaling: How I Managed 175 Listings on a Remote Mediterranean Island

Episode • Jun 20, 2024 • 57m

Today’s expert guest is Lisa Roads, a seasoned short-term rental professional, whose journey began as a property investor in her early twenties.

As Lisa continued to grow her property portfolio, she recognised the potential for early adoption in an emerging market in Cyprus. This investment move created the opportunity to start her second business venture, providing a fully managed service for hands-off investors like herself.

Focusing on high-quality coastal properties and leveraging her partnership and marketing experience, with her team in Cyprus, the business scaled to 175 properties in five years. We learn all about how she made it happen – remotely! – including emergency communications after a massive earthquake and a six-week power outage on the island.

After transitioning her hosting business to a new owner in 2021, Lisa has now shifted her focus to providing industry education and strategy support to business owners who are looking to scale in a dynamic short-term rental market – a mission we wholeheartedly support!

(00:01:16) #STRShareSunday: @littlecottageonthefarm

(00:03:25) Meeting the Dynamic & Driven Lisa Roads

(00:08:03) Growing the STR Market on a Mediterranean Island Nation

(00:21:24) Lisa Shares Insights on Business Building & Balance

(00:31:21) Managing Owner Expectations as a Remote STR Co-Host

(00:42:19) What’s Next? Leaving Her Vacation Rental Listings in Cyprus

(00:47:15) Amplifying Women’s Voices in the Short-Term Rental Space

Resources:

• Click here for full show notes

• Website: theholidaypropertycoach.wordpress.com

• #STRShareSunday: @littlecottageonthefarm

• Video: Airbnb Co-Host: Best Practices - Handling Guest Inquiries and Bookings