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Today, I had the honor of speaking with Megan McCrea. Megan is a short term rental operator in Nashville Tennessee with 6 properties, all of which she owns. Megan has been in the short term rental space for 4.5 years and had no prior experience to real estate investing or management prior to. In 2.5 years she was able to replace her income from her W-2 and go full time into management. Megan is also the president of NASTRA, the Nashville Short Term Rental Association, which has been instrumental in bringing together hosts and helping to make changes to Nashville’s turbulent regulation changes. Without Megan and the association Nashville would be a very different place for hosts so thank you for your work.
In this episode, Megan shares her experience of falling into short term rentals, the challenges of leaving a well paid career to pursue full time management, how Nashville’s regulations have been affected, and what it’s like being the president of a short term rental association.
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