She Renovates

Have you been sitting on the fence about renovating properties with the purpose of renting them out on a short-term basis? What’s holding you back? Short-term holiday rentals can be a great property investment strategy, resulting in wealth-building profits. Mary and Lilah Nieuwland, a mother and daughter property investment team, joined Bernadette Janson on She Renovates to talk about their short-term holiday rentals portfolio and why it is a profitable strategy. Mary and Liliah have a three-pronged approach to property, including renovating homes for the purpose of Airbnb, renovating to sell for profit, and managing Airbnb properties. Their current portfolio includes four short-term holiday rental properties, five completed renovations, and two renovation projects in the pipeline. Take a listen as they share what it’s like working together, managing other people’s properties, using short-term rentals to build cash flow, and how 2020, the height of the Covid pandemic, was their most successful year. EPISO