
← Without the Bank Podcast3 Sept · 40 min
Is Airbnb Dead? 20-Year Investor Exposes the Truth About Short-Term Rentals (Ep. 285)
Is Airbnb DEAD? Not even close — but most investors are playing it completely wrong.
20-year real estate veteran Shawn Moore (Founder & CEO of Vodyssey - V-O-D-Y-S-S-E-Y) joins Mary Jo Irmen on Without The Bank to expose why gurus keep switching strategies, why the tax savings are TRAPPING investors, and why right now — with high prices, 7% rates, and low inventory — is actually the best time to buy if you understand underwriting.
Shawn started in fix & flips in 2000, survived the 2008 crash thanks to a single A-frame cabin in Bear Lake, Utah, went all-in on short-term rentals from 2012-2014, wrote his book in 2017-2019 (pre-COVID), and built Vodyssey into one of the largest short-term rental communities in the country.
Inside this episode:
🏠 Why every strategy CAN work — but none are get-rich-quick
📉 The 80/20 rule: Why 20% of hosts make 80% of the money (and how to join the 1% Club)
💸 The TAX TRAP: Depreciation recapture & why you should NEVER let "the tax tail wag the investment dog"
📊 Why a $10K course is cheaper than a $300K mistake (underwriting, AirDNA, Excel models)
📈 The REAL market: Record STR revenue (9-11% growth) vs. real estate headwinds — high prices, high rates, low inventory
💰 Warren Buffett's rule: "Be greedy when others are fearful" & the $7.9T sitting on the sidelines
🔮 Where short-term rentals go in the next 10 years — and why it will stay a mom & pop game
⭐ Why bad Airbnbs are getting EXPOSED by AI summaries & the trust recession