EP05: Creating a Successful & Fulfilling Niche Vacation Rental Business with Rick Oster

Rick Oster’s career has had many twists and turns. He spent most of his professional life climbing the corporate ladder as an overworked executive in the television & cable industry, and then took a detour to building his own aquatic installation company. Eventually, a curious insight led him to build his first vacation rental, a business he had zero experience in. Now, as the owner of Oster Golf Houses, Rick shares the insights and lessons that lead him to building a fulfilling niche vacation rental business.     Show Notes   How Rick’s went from a career in television to aquatic pond installations How Rick thought of building his first vacation rental and mitigating risk RIck’s process on researching competition to understand opportunities in the market. Thoughts on how to eliminate competition by finding a niche Why you should choose a destination you’re passionate about Why Rick focuses on having fun while marketing Why Rick chooses a lifestyle business over building a big business Rick’s problems with OTA platforms like HomeAway/VRBO Why Rick still feels a sense of urgency in improving his business   Resources   Rent Responsibly (Sponsor)   Oster Golf Houses   Inner Circle   Kaizen   Lastly….   If you enjoyed this episode and would like to support us, please leave us a review and subscribe to us on iTunes (or whichever podcast platform you use). It makes a world of difference.     Learn more about the host, visit https://mattlandau.com/ Get marketing strategies for vacation rentals, visit https://www.vrmb.com/ Collaborate with other professionals in https://community.vrmb.com/