The Truth About Short-Term Rentals: Why Luxury Airbnbs Are Losing Money

In this episode, Melissa sits down with Kirby Atwell, founder of Living Off Rentals, to talk about a smarter approach to **short-term rental investing**. After flipping more than 70 houses, Kirby realized he was building a business instead of financial freedom. That led him to develop a strategy focused on affordable, cash-flowing short-term rentals instead of expensive luxury vacation homes.  \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\__ Mentioned in this episode: 1. FREE resource: DSCR Cheat Sheet 2. Pick Melissa's brain: Book a free 30 min strategy call (limited to a few calls each week) \_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\__ Together, Melissa and Kirby discuss why many investors are chasing the wrong Airbnb opportunities, how to evaluate risk before buying a property, and why some of the best-performing short-term rentals are located in overlooked Midwest markets instead of popular vacation destinations. They also cover the importance of having multiple exit strategies, understanding your ideal guest, and building a real estate portfolio that fits your lifestyle and long-term financial goals.  Whether you're considering your first Airbnb, already own rental properties, or simply want to create more passive income, this conversation offers practical advice for making smarter real estate investing decisions with less risk. Go to https://www.passivelyrichwithrentals.com/scheduling and book a strategy call with me-  It is 30 minutes, it's free, and together we will figure out whether the academy is the right next step for you or whether you are already ready to jump into the deal bank. And start looking at live deals.  🏡 **Connect With Me** Have questions about an out-of-state market we mentioned, or want to see if your specific retirement account qualifies for non-recourse financing? I work with a limited number of investors at a time to ensure you get direct access to me and vetted, off-market deals.  Let's Chat: Book Your Free 30-Minute Strategy Call Here 🎙️ **Enjoyed this episode?** Tap the link below to leave us a quick 5-star review! It takes less than 60 seconds and helps other busy professionals find the show.  Leave a 5-Star Review Here