STR Lessons From Surviving a Million Dollar COVID Loss

STR Lessons From Surviving a Million Dollar COVID Loss

From STR Investing, The Podcast by Taylor Jones & Mark Lumpkin

May 22, 2026 · 34 min · Episode 82

About this episode

Mark Lumpkin interviews Jason Baxter about his experience losing over $1,000,000 during COVID and rebuilding his short-term rental business.

What happens when a short-term rental operator loses over $1,000,000 during COVID? In this episode of the STR Investing Podcast, Mark Lumpkin sits down with Jason Baxter to talk about the highs, lows, and future of the short-term rental industry. Jason shares how he accidentally got started in Airbnb over 10 years ago, scaled to a portfolio of 50 lofts in Montreal, and then watched everything collapse during the COVID shutdowns in Canada. Facing bankruptcy, Jason rebuilt from the ground up by...

People in this episode

Host: Mark Lumpkin

Guest: Jason Baxter

Topics covered

  • short-term rental
  • COVID impact
  • business recovery
  • Airbnb
  • real estate investment

Keywords

  • short-term rental
  • COVID loss
  • Airbnb
  • business recovery
  • Montreal lofts

Mentioned in this episode

Places: Montreal

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