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Tired of hearing "quit your job" to build wealth? 🚀 In this episode Jeremy Udovich shares how he turned his W2 income into rocket fuel for a thriving STR portfolio in the "Malibu of the Midwest." Learn his grounded, no-nonsense strategy for scaling a co-hosting business, mastering a seasonal market, and building a 10-year plan for financial freedom—all while keeping his day job. Ready to build your own STR empire? Let us help you find the perfect property. Visit our agents at: https://stsplus.com/ Why Work With The Short Term Shop The Short Term Shop has helped 5,000+ investors purchase over $3.5 billion in short term rentals nationwide. We’ve been named the #1 team worldwide at eXp Realty three times and ranked as a Wall Street Journal / RealTrends Top 20 team in the U.S. five times. Every client also receives hands-on training to self-manage remotely from day one. WEBSITE AND SOCIAL MEDIA Website: www.theshorttermshop.com Facebook: / theshorttermshop YouTube: / theshorttermshop Instagram: / theshorttermshop / / theaverycarl LinkedIn: / averycarl TikTok: / averyacarl CONTACT US Email Address: info@theshorttermshop.com / agents@theshorttermshop.com Office Number: (800) 898-1498 Related Videos What to Do in a Real Estate CRISIS • What to Do in a Real Estate CRISIS They Bought an Airbnb... Then the Water Disappeared! (Lessons Learned) • They Bought an Airbnb... Then the Water Di... The Host's Guide to 5-Star Cleanings: A Masterclass from an STR Cleaning Expert • The Host's Guide to 5-Star Cleanings: A Ma... Join our Facebook community: / shorttermshop Instagram: / theshorttermshop Our podcasts: https://bit.ly/shorttermshow https://bit.ly/strmanagement 00:00 - Intro 01:03 - How Jeremy Got Started in STRs 01:44 - What Makes Shabogyan a Vacation Destination 04:00 - Seasonality, Market & Investor Interest 05:32 - Regulations & the Right to Rent in Wisconsin 06:22 - Scaling with Management and Partnerships 08:16 - Legal Gray Areas & Getting Licensed 09:33 - Balancing a Day Job while Growing a Business 11:02 - Ultimate Goal 12:04 - Tax Strategy 13:22 - Growing Organically 14:21 - STR's Management is Changing 16:24 - Why STRs are a Smarter Way to Rent 17:58 - Diversification & Market Expansion Plans 19:16 - Dealing with Neighbors & Local Sentiment 20:32 - Working With a Sibling 23:04 - Wanting More & Staying Grounded 26:12 - Tech Stack & Revenue Management 28:36 - Scaling Smartly 31:24 - Advice for Future Investors 34:59 - Final Thoughts FAQ How can I start a short-term rental business while keeping my day job? What are the best tax strategies for short-term rental investors in 2025? Is co-hosting a profitable way to get into the STR management business? How do you manage a short-term rental business in a highly seasonal market? What tech stack is best for managing a growing STR portfolio? #ShortTermRentalManagement #CoHosting #RealEstateInvesting The Short Term Shop is a team of real estate agents that specializes in helping investors buy and sell short term rental and Airbnb properties. We work with short term rental investors across markets like the Smoky Mountains, Gulf Shores, Panama City Beach, and other top vacation rental markets in the United States. Our team has helped more than 5,000 investors purchase over $4 billion in short term rental real estate. Learn more about short term rental investing and working with a short term rental realtor at https://theshorttermshop.com or call 800-898-1498.