Real Estate Experiment

Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint

Welcome to the lab and today, we step in with Liz Faircloth, Co-Founder of The Real Estate InvestHER, an insightful exploration into the world of real estate investment and changing the paradigm for female investors.

As a former Experienced Management Consultant turned Real Estate Investment Entrepreneur, Liz's journey is as inspiring as it is enlightening. Tune in as she shares her personal odyssey, from the pivotal moment of discovering Rich Dad Poor Dad to building a multi-million dollar real estate portfolio with her husband.

In this episode, Liz delves into breaking gender roles in household finances and investments, highlighting the transformative power of women coming together in the realm of investing. She emphasizes the significance of supporting partnerships and challenging societal expectations, offering invaluable insights into communication strategies and the rise of MTR insurance in the rental industry.

Join us as Liz shares her wisdom on building transformational relationships for personal and business growth, reflecting on 15 years of real estate investing and the lessons learned along the way. Discover the keys to aligning goals and expertise for success in real estate, and learn how Liz empowers others to build wealth through her podcasting endeavors.

If you're looking to gain invaluable insights into real estate investing while championing women's empowerment in the industry, this episode is a must-listen. Join Liz Faircloth as she shares her expertise and journey, offering a roadmap to success in building wealth and fostering transformational relationships. Tune in now to harness the power of investing and empower yourself in the world of real estate!

HIGHLIGHTS OF THE EPISODE:

09:19Liz talks about a wealth transfer and women coming together in investing

29:37The importance of communication and building strategic partnerships

KEEPING IT REAL:

04:54Breaking gender roles in household finances and investments

09:57The power of women coming together in investing

14:51Supporting partnerships and challenging societal expectations

19:38The importance of communication and the rise of MTR insurance in the rental industry

24:56Building transformational relationships for personal and business growth

29:51The journey to success in real estate investing

34:50Finding success in real estate: aligning goals and expertise

39:5715 years of real estate investing: Lessons learned and growth achieved

44:32The pursuit of success and empowering others in building wealth

50:00The power of podcasting for real estate investing

55:33We are OUT!

CONNECT WITH THE GUEST

Website: https://www.therealestateinvesther.com/

Linkedin: https://www.linkedin.com/in/liz-faircloth-36783/

Instagram: https://www.instagram.com/therealestateinvesther/

Linktree: https://linktr.ee/investher

#RealEstateInvesting #WomenInRealEstate #Empowerment #FinancialFreedom

Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint

In this episode of "The Real Estate Experiment," Ruben Kanya offers a compelling recap of the recent MTR Summit event held in San Diego, which he co-hosted with Vivian Yip and esteemed peers Dr. Rachel Gainsbrugh, Noble Crawford, and Sara Weaver. Ruben shares his heartfelt experiences connecting with his mastermind students and members of the Experiment Nation community, emphasizing the profound impact of hallway conversations in helping individuals clarify their goals and chart a path to success. He underscores his steadfast commitment to the "who not how" approach, recognizing the transformative power of mentorship and peer support in achieving collective goals.

Ruben distills his core beliefs, echoed at the sold-out event preceding the MTR Summit, into three pillars of success: Decision, Desire, and Discipline. Drawing on his recent experiences, Ruben illustrates how these pillars serve as guiding principles for Experiment Nation, challenging listeners to make the decision to embrace these values and pursue their aspirations with unwavering determination. As Ruben aptly observes, only time and tangible results will reveal the impact of this pivotal decision-making process on individual and collective success. Tune in to gain invaluable insights and inspiration for your own journey towards success in the real estate industry.

#MTR #MTRSummit #MTRsecrets

Get the Midterm Rental Insurance Blueprint: ⁠⁠https://experimentrealestate.com/#blueprint⁠

Join Ruben Kanya in this insightful episode of "The Real Estate Experiment," where he delves into the critical fundamentals that should not be overlooked when venturing into the mid-term rental insurance space. Ruben emphasizes the importance of combining these fundamentals with a robust buying criteria to pave the way for success in the insurance market.

Listeners will gain valuable insights into the key factors to consider when selecting properties for mid-term rental insurance, including accessibility, layout, and location. Ruben underscores the significance of evaluating these aspects meticulously to ensure optimal profitability and tenant satisfaction.

Moreover, Ruben stresses the necessity of having a well-defined exit strategy and conducting thorough market research before investing in vacant properties. By carefully considering these factors, investors can mitigate risks and maximize returns in the insurance space.

Don't miss this episode for essential guidance on navigating the mid-term rental insurance market with confidence and strategic foresight. Tune in and discover how to build a solid foundation for success in the dynamic world of real estate.

#MidtermRentalInsurance #RealEstateInsights #PropertyInvestmentWisdom

Get the Midterm Rental Insurance Blueprint: ⁠https://experimentrealestate.com/#blueprint⁠

Welcome to the lab. Today, we're honored to host Lamè Kinikini, the visionary owner of Elk Ridge Management, a trailblazer in the realms of creative finance and short-term rentals, boasting a staggering portfolio exceeding $15 million in owned real estate and over $50 million under management.

Join us as Lamè unveils his ascent from the trenches of the nine-to-five grind to becoming a real estate maverick. Back in 2017, Lamè embarked on his journey with a burning desire to break free from the shackles of traditional finance. Armed with a history of hustling in sales, Lamè solved the problem of showcasing enough income for property acquisition while maximizing write-offs to mitigate tax liabilities.

With determination, Lamè navigated the complexities of real estate finance, overcoming obstacles and pioneering the fusion of Airbnb and furnished rentals, leading to the creation of Elk Ridge Management.

Today, Lamè stands as a beacon of entrepreneurial ingenuity, blending creative finance with the short-term rental market. In this episode, he shares invaluable insights into financing strategies, the power of continuous self-education, and the keys to building a successful management company in the competitive real estate world.

If you're seeking to learn creative ways to get into real estate without substantial resources or property, this episode is a must. Tune in now and start taking control of your financial future!

HIGHLIGHTS OF THE EPISODE:

13:00Lame talks about the science in selling

20:21Lame talks about self education and why we should invest in ourselves

KEEPING IT REAL:

05:30Financing when you can't show enough income

07:24Creative Financing: a better way of acquiring without the tax bill

12:33The value of understanding the science in selling

19:41The importance of self education and investing in yourself

38:48Giving yourself permission to take action

44:40Why you pay for a mentor

47:48Management company as a way to partake in real estate without

money or your own property

51:56How to position your company to be above the marketplace

58:33Adding Creative financing to the short term rental model 

01:00:00Buying from sellers directly through creative financing

01:05:12Underwriting with long term rentals in mind

01:07:19The value of mentorships, coachings, and creating a community

01:09:57We are OUT!

CONNECT WITH THE GUEST

Website: https://elkridgemgmt.com/

Linkedin: https://www.linkedin.com/in/hailamekinikini/

Instagram: https://www.instagram.com/hailamek/?hl=en

Linktree: https://linktr.ee/lamekinikini

Tiktok: https://www.tiktok.com/@lamekinikini

#CreativeFinancing #ShortTermRentals #RealEstateInvesting #InvestmentStrategies 

Get the Midterm Rental Insurance Blueprint: ⁠⁠https://experimentrealestate.com/#blueprint⁠ In this eye-opening episode of “The Real Estate Experiment,” we explore the immense potential of operating Mid-Term Rentals Insurance businesses remotely, even out of state or country borders. With the promise of less turnover, reduced headaches compared to traditional Airbnb hosting, and the potential for increased profits, this opportunity presents itself as a game-changer in the real estate industry. Hosts and investors alike are urged not to overlook the significant advantages this strategy offers.

Listeners are encouraged to consider integrating this remote operating model into their existing portfolio, unlocking a new level of freedom and flexibility in their lives. With the ability to manage properties from afar and minimize the day-to-day management challenges associated with short-term rentals, this approach represents a compelling avenue for entrepreneurs seeking to expand their reach and maximize returns.

Don’t miss out on this chance to revolutionize your real estate business and achieve greater success on your own terms. Tune in to discover how you can leverage the power of remote Mid-Term Rental Insurance operations for unparalleled growth and profitability. #MTR #remote #operations

Get the Midterm Rental Insurance Blueprint: ⁠https://experimentrealestate.com/#blueprint⁠ Welcome to the lab! Today, we're diving into the world of short-term rentals and entrepreneurial triumph with our distinguished guest, Mike Reilly. As a Short-Term Rental Business Owner, Investor, and VP of Coaching and Operations at Short-Term Rental Secrets, Mike's journey is nothing short of inspiring.

Join us as Mike shares his compelling story driven by the desire to reclaim his time and prioritize what truly matters. From battling kidney disease at a young age to both him and his wife committing themselves to a journey of financial freedom, through short term rentals.

A former student athlete — tennis player turned golf enthusiast, Mike thrives on the challenges of the game, mirroring his approach to life and business. Despite setbacks, including a career-threatening health scare during college, Mike's tenacity propelled him forward, eventually leading him to a fulfilling career in real estate.

In this episode, Mike delves into the intricacies of real estate investing, emphasizing the importance of having a backup plan and leveraging connections to achieve success. From taking calculated risks to maximizing profits through strategic investments, Mike's insights offer a roadmap for aspiring entrepreneurs.

Discover how Mike's journey unfolded, from a corporate job at Google to embracing the world of real estate full-time with his wife. Learn about the power of timing, connections, and performance-based income in realizing your goals in the dynamic realm of real estate investing.

Moreover, Mike sheds light on the nuances of short-term rentals and co-hosting, sharing tactics for maximizing occupancy and profitability while emphasizing the significance of accessibility for all individuals.

If you're looking to unlock the secrets of real estate success and harness the potential of co-hosting and short-term rentals, this episode is for you. 

HIGHLIGHTS OF THE EPISODE:

08:58Mike talks about why connections are important in real estate investing.

18:18Mike talks about taking risks and why it's necessary for success in real estate.

KEEPING IT REAL:

05:01Mike’s journey in real estate and the importance of having a backup plan

10:02The role of connections and career paths in real estate investing

15:01The power of timing and connections in achieving success

20:01Taking risks for success in real estate investing

25:00Maximizing profits through strategic real estate investments

30:02Maximizing occupancy and profitability for short-term rentals

35:01Efficiency, learning from others, and simple math in real estate investing

40:00The power of performance-based income and its role in achieving goals

45:00Investing in real estate and starting a co-hosting business

50:00The value of time and making decisions based on personal desires

55:02The value of time and its impact on decision-making and strategies

01:00:03The journey of a successful short-term rental business owner

01:05:00Improving accessibility for individuals with disabilities in vacation rentals

01:08:24We are OUT!

CONNECTING WITH THE GUEST

Website: https://www.strsecrets.com/

Linkedin: https://www.linkedin.com/in/mikereilly55/

Instagram: https://www.instagram.com/mikereillync/ #ShortTermRentals #RealEstateSuccess #CoHostingTriumph #ConnectionBuilding

Get the Midterm Rental Insurance Blueprint: ⁠https://experimentrealestate.com/#blueprint⁠

Welcome to the lab, and today we delve into the realm of short-term rentals and entrepreneurial success with our esteemed guest, Jeremy Werden, Co-Founder of BNBCalc and Host of the Short-Term-Rental Pros Podcast.

Join us as Jeremy takes us on a riveting journey from his humble beginnings as a first-time short-term rental investor to now overseeing a thriving portfolio of 25 Airbnb listings and 7 boats, generating over $1,000,000 in revenue annually.

In this captivating episode, Jeremy shares his remarkable story of building a successful business with minimal startup capital and documenting his journey to financial freedom, amassing a dedicated social media following of over 200,000 enthusiasts along the way.

Jeremy discusses how he navigated the challenges of the pandemic, seizing control of his life and career, and finding innovative ways to test the viability of his ventures before investing. He reveals the secrets behind the success of his summer boat rental venture and his experiences with co-hosting and arbitrage during turbulent times.

Drawing from his expertise in buying and renting properties, Jeremy provides invaluable insights into the profitability and demand for short-term rentals, highlighting them as a pathway to financial independence and generational wealth. He explores emerging trends in the real estate market, including the "silver tsunami" of opportunities and Japan's rise as a global economic leader.

Furthermore, Jeremy shares his entrepreneurial journey in creating BNBCalc, a groundbreaking web application for short-term rental investors, and discusses the transformative power of demographic shifts and business strategies in today's dynamic landscape.

If you're seeking inspiration to take control of your career, explore the lucrative world of short-term rentals, or tap into emerging opportunities in the real estate market, this episode is a must-listen. Tune in now as Jeremy Werden shares his wisdom, experience, and actionable strategies for success in the ever-evolving realm of entrepreneurship and real estate investing!

HIGHLIGHTS OF THE EPISODE:

10:25Jeremy talks about why you should test the viability of a business before investing

39:47Jeremy talks about how he created a web app for commercial loans

KEEPING IT REAL:

05:01Taking control of life and career during the pandemic

10:00Testing the viability of a business before investing

15:01The success of a summer boat rental venture

20:00Co-hosting and arbitrage during the pandemic

25:01Experience with buying and renting properties

30:02The profitability and demand for short-term rentals

35:01The "silver tsunami" of real estate opportunities

40:03The journey of creating a successful web application for commercial loans

45:00Opportunities and trends in the short-term rental and real estate market

50:02Business strategies and demographic shifts

55:02Japan's rise as a leader in the global economy

01:00:01Insights from The Economist and Morning Brew discussing success and change

01:03:25We are OUT!

CONNECT WITH THE GUEST

Website: https://www.bnbcalc.com/

Linkedin: https://www.linkedin.com/in/jmwerden/

Instagram: https://www.instagram.com/jeremywerden/?hl=en

Linktree: https://linktr.ee/STRprospodcast

Youtube: https://www.youtube.com/channel/UCPACQuaK_bLC6molJb4K4kA

Tiktok: https://www.tiktok.com/@jeremywerden

X: https://twitter.com/jeremywerden

#ShortTermRentals #RealEstateInvesting #EntrepreneurialSuccess #InvestmentStrategies 

Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint

Welcome to the lab, where we dive deep into the world of real estate investing with our esteemed guest, Jamie Banks, CEO of Radiate Real Estate. As a Medium-Term Rental (MTR) and Multifamily Real Estate Investor, Jamie brings over two decades of expertise managing a portfolio of 20+ properties, all while building efficient systems to maximize returns.

In this captivating episode, Jamie shares her inspirational journey from a period of profound loss to realizing her dream of becoming a successful real estate investor. Despite experiencing multiple personal tragedies between 2017 and 2023, Jamie found solace and purpose in pursuing her passion for real estate investment, propelled by the realization that life is too short not to chase one's dreams.

Drawing from her vast experience, Jamie delves into a plethora of topics, including the keys to success in running a short-term rental business and strategies for scaling a medium-term rental portfolio. She provides invaluable insights into growing a property management business, vetting potential properties, and leveraging data for informed decision-making in the realm of medium-term rentals.

Throughout the episode, Jamie candidly discusses overcoming self-doubt and the pivotal role of mentorship in her journey to success. She reveals her strategies for expanding and scaling a real estate business in today's dynamic market, emphasizing the importance of targeting the right market and criteria for investment properties.

From creative strategies for increasing property value to successful deals with private lenders and sellers financing, Jamie leaves no stone unturned in exploring the myriad opportunities within real estate investment. She underscores the potential of multifamily properties as a long-term investment, highlighting the importance of variety in unit types and taking control of time to achieve success.

If you're looking to unlock the secrets of building a thriving real estate portfolio and learn about the transformative power of perseverance and passion in achieving your dreams, this episode is a must-watch. Don't miss this enlightening episode as Jamie Banks shares her wisdom, experience, and actionable strategies for navigating the ever-evolving landscape of real estate investing. Tune in now and embark on your own journey to financial freedom and fulfillment in the world of real estate!

HIGHLIGHTS OF THE EPISODE:

12:57 Jamie talks about how to grow a midterm rental business

24:10 Jamie talks about why data is important in MTR decision making

KEEPING IT REAL:

05:02 Taking the leap into real estate: A personal journey

10:01 The keys to success in running a short-term rental business

15:00 Strategies for growing a medium-term rental business

20:00 Growing a property management business and tips for vetting potential properties

25:00 The importance of data in decision-making for medium-term rentals

30:01 Underwriting and success in a sub-niche of MTR insurance

35:00 Overcoming self-doubt and finding success in real estate with the help of a mentor

40:01 Strategies for expanding and scaling a business in the market

45:00 Target market and criteria for investment properties

50:00 Strategies for maximizing profits in real estate investments

55:01 Creative strategies for increasing property value

01:00:01 Successful deal with private lender and seller financing

01:05:02 Finding creative opportunities in real estate

01:10:00 The potential of multi-family properties as a long-term investment!

01:15:00 Success in multifamily real estate and the importance of variety in units

01:20:02 Taking control of time to achieve success

01:23:35 We are OUT!

CONNECTING WITH THE GUEST

Website: https://radiatere.com/

Linkedin: https://www.linkedin.com/in/jamie-banks-mba-b491bab5/

Instagram: https://www.instagram.com/jamiebanksrealestate/

Linktree: https://linktr.ee/jamiebanksrealestate

Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint

Welcome to the lab and today we delve into the world of tax-efficient real estate investing with our esteemed guest, Dave Foster, Founder and CEO of The 1031 Investor. A degreed accountant and serial real estate investor, Dave's quest for reducing taxes led him on a path to becoming a qualified intermediary and consultant for tax-saving strategies such as the 1031 exchange and the section 121 homestead exemption.

In this conversation, Dave shares his journey from fix and flipping in the 90s to becoming a leading authority on tax-efficient real estate investing. He unveils the updated rules and regulations surrounding the 1031 exchange, offering invaluable insights on legally compounding tax interests that remain in your pocket rather than lining the IRS's coffers. Dave expertly breaks down the complexities of the 1031 exchange in layman's terms, making it accessible to all listeners.

Moreover, Dave reveals how he utilized the section 121 homestead exemption to fulfill his dream of living on a boat with his family, relocating from Denver, CO to Tampa, FL over a decade while raising four boys. Through his firsthand experiences, Dave illustrates the practical applications of the 1031 exchange in achieving both financial freedom and personal aspirations.

Discover the benefits of the 1031 exchange in real estate investing, the versatility of this tax-saving strategy, and essential insights on maximizing profits through long-term rental contracts. Dave also shares strategies for minimizing taxes on real estate gains through the 121 exemption rule and navigates the complexities of LLC ownership and tax implications for primary residences.

Don't miss out on this opportunity to learn how to maximize success in real estate investment and 1031 exchanges, and gain valuable insights into planning for future compactions based on Dave's past 22-minute exchange experience.

If you're looking for a way to reduce your taxes and learn about 1031s, this episode is a must watch and be sure to check out Dave's book, "Lifetime Tax-Free Wealth: The Real Estate Investor's Guide to The 1031 Exchange," for further guidance on building wealth through tax-efficient real estate strategies. Tune in now and embark on your own journey to financial freedom

HIGHLIGHTS OF THE EPISODE:

05:08 Dave talks about the benefits of the 1031 exchange

25:10 Dave talks about the 121 exemption rule and how to minimize taxes on real estate gains

KEEPING IT REAL:

05:00 The benefits of the 1031 exchange in real estate investing

10:00 The versatility and benefits of the 1031 exchange

15:02 Understanding the rules and regulations of a property exchange game

20:01 Maximizing profits through long-term rental contracts

25:01 The 121 exemption rule and the 1031 exchange: strategies for minimizing taxes on real estate gains

30:01 LLC ownership and tax implications for primary residence

35:00 Maximizing success in real estate investment and 1031 exchanges

40:02 The importance of planning for compactors and a past experience with a 22-minute 1031 exchange

45:29 We are OUT!

CONNECT WITH THE GUEST

Website: https://www.the1031investor.com/

Linkedin: https://www.linkedin.com/in/davefoster1031/

X: https://twitter.com/DaveFoster1031

Facebook: https://www.facebook.com/the1031investor/

Youtube: https://www.youtube.com/c/The1031Investor

#1031Exchange #TaxSavingStrategies #FinancialFreedom #WealthBuilding

Get the Midterm Rental Insurance Blueprint: ⁠https://experimentrealestate.com/#blueprint

Join us in the lab and let’s dive into the captivating journey of Christopher A. Panagiotu, author, financial specialist, and host of the CAPitalize Your Finances Podcast.

From a young age, Chris was immersed in the world of investing, igniting a passion that would shape his future endeavors. With an internship at UBS during his college years and a brief stint at Morgan Stanley, Chris quickly realized that his path lay elsewhere. It wasn't until he found his home at Lucia Capital Group in 2015 that his true journey began.

In this episode, Chris delves into a myriad of topics, from exploring retirement and financial literacy alongside industry experts to sharing invaluable insights on navigating the ever-evolving financial market. With a keen eye for opportunity, Chris discusses his approach to building a robust foundation in investing and maximizing profits in the real estate market.

Throughout the conversation, Chris shares his wisdom on understanding "Gap money," the significance of individual stocks in investment strategies, and the role of real estate in retirement planning. Drawing from his vast experience, he highlights the importance of checklists in financial planning and sheds light on the blind spots that individuals often overlook.

If you're looking to unlock the secrets of financial literacy and success, this episode is for you. Tune in now and discover the keys to capitalizing on your financial future !

HIGHLIGHTS OF THE EPISODE:

09:18Chris talks about the importance of having a strong core framework in investing

02:04Chris talks about Gap money and capitalizing on your expenses

KEEPING IT REAL:

04:09Exploring retirement and financial literacy with successful entrepreneurs and experts

05:01Journey into investing and ownership

10:02The importance of a strong foundation in investing

15:02Adapting to the ever-changing financial market

20:02Understanding "Gap money" and its impact on business success

25:02Using business knowledge to help others

30:00Maximizing profits in the real estate market

35:01Investing strategies and the importance of understanding individual stocks

40:00Approach to working with clients and their thoughts on real estate as a retirement strategy

45:01Perspective on real estate and businesses

50:00Investment strategies and the importance of checklists

55:01The importance of understanding blind spots in financial planning and future plans for the Capitalized brand

1:00:23We are OUT!

CONNECT WITH THE GUEST

Website: https://capitalizeyourfinances.com/

Linkedin: https://www.linkedin.com/in/christopher-panagiotu-cfp%C2%AE-crps%C2%AE-13a573176/

Instagram: https://www.instagram.com/capincapitalize/

Linktree: https://linktr.ee/capitalizeyourfinances

Podcast: https://capitalizepodcast.com/

#FinancialLiteracy #InvestmentInsights #WealthBuildingWisdom #FinancialEmpowerment

Enroll in Dr. Rachel’s newest Mid-Term Rental Arbitrage Strategy: ⁠The MTR Arbitrage Academy (shorttermgems.com)

Get the FREE Mid-Term Rental Insurance Blueprint: ⁠https://experimentrealestate.com/#blueprint⁠

Reflecting on the STR Wealth Conference in Nashville, Ruben Kanya, host of "The Real Estate Experiment" Show, delves into the insights and key takeaways from this significant gathering of short-term rental industry leaders. Among the highlights, Ruben particularly appreciated the sessions on boutique hotels led by Michael Sjogren and Rich Somers. He views the transition into boutique hotels as a pivotal advancement in a short-term rental investor's career, a step that not only enriches but also paves the way to building substantial wealth through commercial real estate. Noble Crawford's presentation introduced attendees to the potential of leveraging furnished accommodations for government contracts and pilot pads, offering a novel approach to utilizing short-term rental investments. Dr. Rachel Gainsbrugh's session on mid-term rentals resonated with Ruben as well, reinforcing the model he has committed to and seen success with.

However, it was Daymond John's rags-to-riches narrative that made a profound impact on Ruben. John's story, highlighting the power of visualization in achieving success, provided a motivational and inspirational element to the conference, underscoring the importance of having a clear mental picture to guide one's journey to success.

These sessions collectively offered a wealth of knowledge and strategies for short-term rental investors, from diversifying investment approaches to harnessing the power of vision and mental clarity in pursuit of financial growth and stability. Ruben's reflections not only capture the essence of the conference but also serve as a roadmap for others in the industry looking to elevate their investing career and build lasting wealth.

#STRWealthConference2024 #ShortTermRentals #RealEstateInvesting

Enroll in Dr. Rachel’s newest Mid-Term Rental Arbitrage Strategy: ⁠The MTR Arbitrage Academy (shorttermgems.com) Get the FREE Mid-Term Rental Insurance Blueprint: ⁠⁠https://experimentrealestate.com/#blueprint⁠⁠

In a reflective episode of "The Real Estate Experiment," Ruben shares insights gleaned from a mid-term rental arbitrage deal that didn't go as planned, emphasizing the importance of learning from setbacks and refining one's approach for future endeavors. Drawing upon the law of polarity, Ruben acknowledges that with every positive outcome, there may also be challenges to navigate. He encourages entrepreneurs, real estate investors, and learners to adopt a scientific mindset, donning their metaphorical "white coat, gloves, and notepad" to conduct experiments in the business world.

The episode underscores the critical importance of proper insurance coverage and well-structured contracts in co-hosting or arbitrage arrangements. Ruben reflects on a specific scenario where timing issues led to complications, highlighting the necessity of setting clear deadlines for contract signing and being prepared to walk away if agreements are not met. Moreover, Ruben stresses the significance of thorough due diligence, direct communication with homeowners, and comprehensive documentation, especially in time-sensitive situations. By sharing these lessons learned, Ruben provides valuable insights to help listeners navigate similar challenges with greater resilience and effectiveness in their own business endeavors.

#MidTermRental #Arbitrage #RealEstateInvesting #MidTermRentalInsurance

Get the FREE Mid-Term Rental Insurance Blueprint: ⁠⁠https://experimentrealestate.com/#blueprint⁠⁠

Welcome to the lab and today we unravel the remarkable journey of Dr. Ifeoma Nnaji, MD, MBA, FAAFP—an Accessibility Consultant and family physician based in the dynamic Atlanta metro area.

Dr. Nnaji even knew in medical school that she did not want to be stuck in the traditional medicine environment. Realizing that, in the world of medicine, she is the human capital, and fueled by a desire to solve the challenge of relying solely on the traditional medical career, Dr. Nnaji shares her journey of seeking multiple streams of income, touching on her initial reluctance, influenced by cultural expectations, and how the changing landscape of medicine urged her to explore alternative paths.

Motivated by her father's success and introduced to the possibilities by Dr. Chau, Dr. Nnaji took the plunge and has since been focused on catering to and solving problems for travelers with physical disabilities

In this episode, Dr Nnaji shares the value of time for family physicians, the personal journey from medicine to entrepreneurship, and her experiences with malaria and polio. She sheds light on the impact of being the oldest sibling, cultural expectations, and the drive to overcome societal limitations for individuals with disabilities. The conversation extends to her role in the rental property industry, maximizing profits in real estate, and the founding of Vida Voyage—a company dedicated to ensuring accessibility for travelers with physical disabilities. Dr. Nnaji's wisdom extends to the challenges faced by individuals with physical disabilities in navigating spaces, the importance of catering to specific populations, and the power of solving problems for positive impact.

If you're seeking inspiration to break free from the traditional career path and move towards financial freedom, Dr. Nnaji's insights will be your guide. Tune in now and unlock the secrets to transition from the 9-to-5 grind to financial independence! Join us on this transformative journey with Dr. Ifeoma Nnaji and discover the keys to unlocking your own entrepreneurial potential!

HIGHLIGHTS OF THE EPISODE:

01:56 Dr. Ifeoma talks about the limitations of a career in medicine

57:29 Dr. Ifeoma about the importance of accessibility and accommodation

KEEPING IT REAL:

05:01 The value of time and the journey of a family physician towards

multiple streams of income

10:01 Personal journey to a career in medicine

15:01 Understanding Malaria and Polio

20:01 The impact of being the oldest sibling and cultural

expectations on decision-making

25:02 Overcoming societal limitations for individuals with disabilities

30:00 The individual's motivation and success in the rental property industry

35:00 Maximizing profits in the real estate market

40:01 Experience with hotel reservations and the

potential for smaller companies to compete

45:00 Exploring service delivery for people with disabilities

50:01 Challenges faced by individuals with physical disabilities in navigating

physical spaces and traveling

55:01 Considerations for catering to a specific population

1:00:00 The importance of accessibility and accommodation

1:05:00 Vida Voyage: A company catering to travelers with physical disabilities

1:10:02 Ensuring accessibility for individuals with physical disabilities

1:15:01 The power of solving problems and making a positive impact

1:19:14 We are OUT!

CONNECT WITH THE GUEST

Email: ifeoma.nnaji@vidavoyage.com

Linkedin: https://www.linkedin.com/in/ifeoma-nnaji-md-mba-faafp-13465042/

#RealEstateInvesting #InclusiveTravel #OvercomingLimitations #AccessibleTravels

Get the FREE Mid-Term Rental Insurance Blueprint: ⁠⁠https://experimentrealestate.com/#blueprint⁠⁠ In a reflective episode of “The Real Estate Experiment,” Ruben delves into how the seven laws of the universe are not only unavoidable but also deeply intertwined with the mid-term rental insurance business. For those attuned to the principles of personal development, Ruben highlights how securing a mid-term rental insurance contract is not a random occurrence but rather a result of these universal laws at play. He draws intriguing connections between the seven laws and the MTR (Mid-Term Rental) strategy:

By linking these universal laws to the MTR strategy, Ruben offers a thought-provoking perspective on how individuals can navigate the industry with a greater awareness of the forces at play. This reflective episode underscores that achieving success in the mid-term rental insurance business is not a matter of chance but a matter of aligning one’s efforts with these fundamental laws of the universe.

FOLLOW ME ON:

Instagram: https://www.instagram.com/therealestateexperiment/

Facebook: https://web.facebook.com/therealestateexperiment/?_rdc=1&_rdr

LinkedIn: https://www.linkedin.com/company/the-real-estate-experiment-network

Linktree: https://linktr.ee/therealestateexperiment

#midtermrental #MTR #law

Get the FREE Mid-Term Rental Insurance Blueprint: ⁠⁠https://experimentrealestate.com/#blueprint⁠⁠ We are back in the lab for a deep dive into the dynamic world of entrepreneurship and real estate. Today, we've got Dave Menapace. – President and Co-Founder of The 5 Star Co-Host with his amazing wife Kim Menapace, a #1 Best Selling Author, Real Estate Investor, STR Co-Host, Coach, and Consultant.

In 2019, Dave started his real estate journey with an Airbnb property in Cape Cod. What started as a way to earn passive income and enjoy a free vacation turned into a whole new career. Today, Dave, along with his partner Kim, manages 2 STRs, 6 long-term rental units, and is the go-to co-host for many New England vacation rentals.

In this episode, Dave talks about his journey – moving from working in healthcare to a full-time real estate gig. Get ready for a look at how he took risks and shaped the mindset needed to navigate real estate.

Dave shares his experiences, giving us the keys to success in short-term rentals. He also dives into financing strategies, like HELOCs and lines of credit. Learn about building a business as an investment, using it for new ventures, and the importance of having a strong support system in business.

Join us for a chat with Dave as he shares wisdom on making decisions, seizing growth opportunities, and helping those without a business background thrive in hospitality.

Dive into this episode and soak in Dave Menapace's wisdom, a pioneer in real estate and entrepreneurship. If you're someone from a W2 looking to break free and move towards financial freedom, Dave's insights will be your guide. Tune in now and unlock the secrets to transition from the 9-to-5 grind to financial independence!

HIGHLIGHTS OF THE EPISODE:

09:57 David talks about the mental framework of taking risks and leaving a stable job for a business venture

26:58 David talks about financial strategies to get into real estate

KEEPING IT REAL:

05:01 From healthcare director to full-time real estate investor

10:01 The power of taking risks and internal mindset in achieving success

15:01 The importance of consistency and earning trust in relationships

20:02 Success in the short-term rental industry

25:02 Maximizing profits through MTR Insurance blueprint

30:00 Exploring financial strategies and options, including HELOCs and lines of credit

35:01 Building a business as an investment and leveraging it for further investments

40:01 The importance of a strong support system in business operations

45:01 Making the right decision and seizing opportunities for growth

50:00 Supporting individuals with no background in operations to succeed

in the hospitality industry

56:45 We are OUT!

CONNECT WITH THE GUEST

Website: https://5strcohost.com/

Linkedin: https://www.linkedin.com/in/davidmenapaceit/

Instagram: https://www.instagram.com/dave_menapace/

Facebook: https://www.facebook.com/MenapaceRealEstate

#RealEstateJourney #EntrepreneurshipInsights #ShortTermRentalsSuccess #Airbnb

Get the FREE Mid-Term Rental Insurance Blueprint: ⁠https://experimentrealestate.com/#blueprint⁠

We are back in the lab and today we dive into the dynamic world of entrepreneurship, real estate, and the midterm rental niche with our guest, William Dotson of Nova Havens.

His entrepreneurial journey sparked from a transformative insight planted by his wife, challenging the conventional 9-to-5 mentality. Recognizing William as a "systems guy," she introduced the idea of entrepreneurship as an unconventional yet structured system, igniting his addiction to understanding the intricacies of various systems, from bookkeeping to asset management.Initially venturing into short-term rentals, specifically navigating the complexities of Southern California's Airbnb market, William turned limited knowledge into success. Currently making moves in the temporary housing space, he stands as a testament to the transformative power of structured nine to fiver embracing new systems & better model for business success.

In this episode, William shares insights on the unconventional path to success in real estate in the mid-term rental insurance niche, the impact of proximity on the perception of reality, the power of mentorship, and finding success in niche markets. Learn about his journey to maximizing profits through strategic property management, and navigating the challenges of the midterm rental insurance market.

Discover the importance of authenticity, understanding the insurance avatar, and successful negotiation in the insurance industry. William sheds light on the multi-dimensional nature of success in entrepreneurship, achieving genuine mentorship, and brand alignment. Explore the power of accountability and community in personal growth and gain a deeper understanding of Nova Havens as a housing solutions provider navigating the rental market.

William unravels the concept of "list selling" and provides invaluable insights into the intricate world of entrepreneurship and real estate. If you're looking to make strides in the midterm rental insurance space and achieve success, this episode is a must-listen, a true embodiment of wat being resourceful and following a proof of concept looks like to achieve success. Tune in now to elevate your understanding and embrace the endless possibilities of new systems in your entrepreneurial journey — specifically in the mid-term rental insurance niche!

HIGHLIGHTS OF THE EPISODE:

14:23 William talks about changing one’s perception by being in proximity to someone

who thinks completely different

1:00:25 William talks about the role of genuine mentorship and brand alignment in success

KEEPING IT REAL:

05:00 The unconventional path to success in real estate

10:01 The impact of proximity on perception of reality

15:00 The power of mentorship and finding success in niche markets

20:02 Journey to joining Ruben's mentorship program

25:02 Maximizing profits through strategic property management

30:00 Networking and business strategies in the real estate industry

35:00 Navigating the midterm rental insurance market

40:00 Discovering and utilizing one's unique advantage

45:03 The importance of authenticity and understanding others in achieving success

50:01 Successful negotiation in the insurance industry

55:00 The multi-dimensional nature of success in entrepreneurship

1:00:00 Achieving success through genuine mentorship and brand alignment

1:05:00 The power of accountability and community in personal growth

1:10:02 Nova Havens: A housing solutions provider navigating the rental market

1:15:01 The concept of "list selling"

1:17:54 We are OUT

CONNECT WITH THE GUEST

Website: https://www.novahavens.com/

#MidtermRentalInsuranceInsights #TemporaryHousing #RealEstateSuccess #EntrepreneurshipJourney

Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint

MTR Insurance Network: https://mtrinsurancenetwork.com/

Step into the lab with us as we unveil our Midterm Rental Insurance Roundtable Secrets in today's episode. We've gathered insights from the industry's top leaders, providing you with an exclusive peek of how you can stay ahead in your 2024 strategy. Insider information goes a long way to best position yourself to accelerate growth and profitability in 2024. You’ll want to tune into these experts as they share their mid-term rental secrets roundtable-style.

In our quest to bring you the most accurate and valuable information, we've convened a Roundtable with experts who navigate this dynamic landscape daily. In this exclusive roundtable discussion, we have

Jesse Vasquez

With 17 years in Healthcare Sales, Marketing, and Business Development, Jesse Vasquez is the Founder and CEO of AirVenture Academy.

Sarah D Weaver

A multi-faceted professional, Sarah Weaver excels in coaching, public speaking, real estate investing, and writing.

Dr. Rachel Gainsbrugh

As the CEO of Short Term Gems, Dr. Rachel Gainsbrugh is a prominent figure in real estate, contributing to the Bigger Pockets blog and featuring on over 30 podcasts.

Jamie Banks

The CEO of Radiate Real Estate, Jamie Banks transitioned from a W2 job in commercial real estate to become a full-time real estate investor.

Tanishia Epps Spencer

With a 20-year background in insurance, Tanishia Epps Spencer is a Real Estate Investor and Mid-Term Corporate Rental Specialist.

Vivian Yip

Founder & CEO of Corporate Rentals USA by Hestia, Vivian Yip is a real estate investor specializing in mid-term rentals, house flipping, and acquisitions.

In this episode, our expert roundtable delves into key topics shaping the midterm rental insurance industry. We explore strategies for optimizing marketing and branding, offer insights into providing temporary housing solutions for families, and analyze the impact of AI solutions on the midterm rental market. The discussion also covers targeted approaches like focusing on interested homeowners in Arbitrage, the influence of the rental market on business strategies, and practical tips for maximizing profits in the short-term rental market.

HIGHLIGHTS OF THE EPISODE:

20:46 On the importance of sticking to what works and providing high-quality service to stand out in the competitive market

29:54 Ways to improve listing descriptions to attract mid-term rental guests.

KEEPING IT REAL:

00:00 Strategies for optimizing marketing and branding in the midterm rental insurance industry

05:00 The potential for investors to provide temporary housing for families

10:01 The impact of Al Solutions on the midterm rental market

15:02 The potential impact of targeting only interested homeowners in Arbitrage

20:02 The impact of the rental market on business strategies

25:01 Maximizing profits in the short-term rental market

30:01 Improving listing descriptions for mid-term rental properties

35:00 Exploring innovative business models in the midterm rental industry

40:01 Strategies for success in the short-term rental industry

45:00 Innovative strategies for real estate investors

50:00 The potential of podcasting in the real estate industry

CONNECT WITH THE GUESTS:

Jesse Vasquez

Linktree: https://linktr.ee/Airventurehostingco

Sarah D Weaver

Website: https://www.sarahdweaver.com/trips

Dr Rachel Gainsbrugh

Website: https://www.shorttermgems.com/

Dr. Rachel’s Mid-Term Rental Arbitrage Strategy: https://www.shorttermgems.com/arbitrage

Jamie Banks

Website: https://radiatere.com/

Tanishia Epps Spencer

Linktree: https://linktr.ee/tanishia

Vivian Yip

Website: https://corporaterentalsusa.com/

Linktree: https://linktr.ee/vivianyip

#MidtermRentalInsurance #TemporaryHousingSolutions #RealEstateInnovation #AISolutionsInRealEstate

Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint

Enroll into Dr. Rachel’s newest Mid-Term Rental Arbitrage Strategy: https://www.shorttermgems.com/arbitrage

Dr. Rachel Gainsbrugh returns to the lab since her last stint in episode #181 with a refined brand and mission with her two door strategy helping investors reach financial freedom with less properties not more. Dr. Rachel CEO of Short Term Gems and a recovering Pharmacist has revolutionized the landscape of luxury short-term rentals alongside helping investors net the largest profit margins seen to date nationwide with her mid-term rental insurance strategy. Her concierge coaching program niches into helping other medical professionals like herself breakthrough into the space to completely transform their financial outcome.

As a sought-after figure in the real estate realm, Dr. Rachel Gainsbrugh wears many hats. Not only is she a contributing writer for the Bigger Pockets blog, but she has also graced the airwaves of over 30 podcasts, sharing her expertise on platforms like Thanks for Visiting, InvestHER, and The Short Term Show. Recently, her luxury short-term rental was selected for a Netflix special, adding another feather in her cap.

In this episode, Dr. Gainsbrugh pulls back the curtain on her unique approach to rental investing, focusing on quality over quantity. She shares insights on the mental framework that "10x is Easier Than 2x Training," goal-setting with the two-door strategy, and how strategic real estate investing can pave the way to financial freedom.

Dr. Gainsbrugh peels back the onion on evaluating activities and properties for a 10x goal, reveals the secrets of luxury travel experiences, and provides a deep dive into understanding insurance claims. Learn about the CROW Method for your real estate investing strategy to maximize and accelerate your success in short-term and midterm rentals.

If this wasn't enough, Dr. Rachel and Ruben together are building the number 1 Mid-Term Rental Insurance network in the nation connecting relocation specialist and insurance companies to investors. Together they both have the pleasure of coaching students and hosting retreats to help accelerate the success of other investors.

If you're looking to create a profitable income stream and achieve full-time freedom through rental investing, Dr. Rachel Gainsbrugh provides a very straightforward roadmap in this episode. Tune in now to see how Rachel’s mid-term & short-term gems can turn into your successful experiments.

HIGHLIGHTS OF THE EPISODE:

10:21 Dr. Rachel talks about real estate as a path to financial freedom

51:16 Dr. Rachel talks about Strategies for Short-Term and Midterm Rental Success

KEEPING IT REAL:

03:26 10x is Easier Than 2x Training

05:00 Setting goals and the two-door strategy

10:01 Real Estate: A Path to Financial Freedom

15:00 Evaluating activities and properties for 10x goal

20:01 Luxury Travel Experiences

25:00 Understanding Insurance Claims

30:02 The CROW Method for Real Estate Investing

35:00 Investing in Real Estate

40:01 Midterm rental insurance: Maximizing occupancy and profitability

45:02 Navigating Real Estate Regulations

50:01 Strategies for Short-Term and Midterm Rental Success

55:00 Understanding Supply and Demand in the Hospitality Industry

1:00:00 Benefits of investing in four bedroom properties

1:05:00 Leveraging opportunities with Mid Term Rental Arbitrage

1:10:01 Leveraging strategies to make something happen

1:15:01 Podcasting for Real Estate Investors

CONNECT WITH THE GUEST

Website: https://www.shorttermgems.com/

Linkedin: https://www.linkedin.com/in/dr-rachel-gainsbrugh/

Instagram: https://www.instagram.com/short.term.gems/?hl=en

Facebook: https://www.facebook.com/rachel.gainsbrugh/

#MidTermRentalInsurance #ShortTermRentals #MidtermRentalArbitrage #LuxuryRentals

Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint

If you missed the MTR Wealth Retreat, join the 6-Figure MTR Workshop with Ruben Kanya and Dr. Rachel Gainsbrugh: https://experimentrealestate.com/mtrworkshop

In a dynamic collaboration with Dr. Rachel Gainsbrugh and the Short Term Gems Team, Ruben co-hosted the highly anticipated Mid-Term Rental Wealth Retreat in the picturesque setting of Destin, Florida. The retreat kicked off with Ruben’s engaging session titled “Unlocking Your 10x Potential,” designed to empower investors with the mindset shift needed to transform their lives.

The Mid-Term Rental Wealth Retreat emerged as a perfect haven for investors seeking to explore the powerful “two-door strategy,” a fusion of short-term and mid-term rental approaches aimed at achieving financial freedom. The intimate nature of the retreat allowed participants to delve deep into insider information and gain a competitive edge. From the nuances of analyzing short-term rental markets using key metrics like annual rental revenue as a percentage of property value and the 50% occupancy rule, to valuable insights on design, profit strategies, and the innovative C.R.O.W. method (Connections, Recommended Professionals, On Trend, Word of Mouth), attendees left equipped with a comprehensive toolkit to excel in the marketplace.

This episode serves as a unique opportunity for those curious about the Mid-Term Rental Wealth Retreat to get an insider’s feel for the event. Tune in to gain a sneak peek into the wealth of knowledge, networking opportunities, and transformative experiences that await participants in this exclusive retreat.

#MTRWealth #MTRWealthRetreat #MTR

Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint Today, in the lab we explore the world of short-term rentals with Kyle Stanley, a former sports broadcaster turned investor with a niche in short-term rentals. As the host of The Fearless Investor Podcast, Kyle shares his experiments Co-hosting a portfolio of 50+ short-term rental properties in Fresno, CA, Kyle built a 6-figure business in one year, reaching 7-figures by year two.

Kyle discusses his journey from struggling entrepreneur to building a well-oiled machine that has given him the ability to scale today. Drawing lessons from his sports background, he explores the connections between sportsmanship and real estate. From renting out houses on Airbnb to evaluating long-term rentals, Kyle delves into the details of successful real estate investing.

Discover the strategy of buying on terms, offering flexible options for savvy investors. Kyle provides insights into understanding the nuances of the Fresno real estate market, guiding through this dynamic landscape. Learn the principles of taking responsibility and embracing risks in real estate investing as Kyle Stanley provides a roadmap to triumph in this ever-evolving industry.

If you’re looking to build and scale a co-hosting business the way Kyle has, you’ll want to Tune in now to glean insights from Kyle's approach to both entrepreneurship and real estate.

HIGHLIGHTS OF THE EPISODE:

07:37 Kyle talks about figuring ways to find real passive income

26:34 Kyle talks about long-term rental as a backup plan

KEEPING IT REAL:

05:00 Struggling Entrepreneur to Passive Income

10:01 Lessons from Sports

20:00 Renting out a house on Airbnb

25:01 Evaluating the potential of a long-term rental

30:00 Buying on Terms: Options for Real Estate Investors

35:00 Understanding the Fresno Real Estate Market

40:00 Successful Real Estate Investing

45:00 Taking responsibility and taking risks in Real Estate Investing

48:08 We are OUT

CONNECT WITH THE GUEST

Website: https://fearlesskyle.com/

Linkedin: https://www.linkedin.com/in/kyle-stanley-b0a4a487/

Instagram: https://www.instagram.com/fearlesskyle/

Facebook: https://www.facebook.com/kyle.stanley.750

#RealEstateInsights #InvestmentJourney #FearlessInvesting #Airbnb

Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint

Zeona returns to the lab since her appearance in episode #215 where she helped us normalize the 30-Day Stay for your short-term rental strategy as the co-author of the best-selling Bigger Pockets published booked “30-Day Stay”.

However, in this season of her experiments, Zeona is now helping investors like your host Ruben Kanya find creative finance deals to always be buying in an economy with elevated rates. Zeona recently helped Ruben close quickly on a Sub-to deal, furnished property along with a tenant for penny’s on the dollar. Zoena has been focusing on building relationships with owners nationwide and connecting hungry investors still investing with favorable terms on subject to and seller financing deals.

Zeona discusses the intricacies of creative financing, detailing the steps to secure deals that investors can continue to take advantage of in our current market.

Whether you're a seasoned investor or new to real estate, this episode provides a real case study on the deal Zeona helped Ruben close on as well as highlighting the steps on how you can get in on the action too. Tune in for a conversation filled with practicality and expertise from a seasoned investor and realtor in the ever-evolving landscape of real estate investing!

HIGHLIGHTS OF THE EPISODE:

00:54 Zeona talks about how creative financing can be a great way to get a good deal on a property

05:16 Zeona talks about structuring a creative financing deal

KEEPING IT REAL:

00:51 Creative Financing: A Great Deal

05:02 Maximizing Occupancy and Profitability with MTR Insurance

10:00 Professional operator facilitates short-term rental deal

15:02 Revolutionizing of real estate investing

CONNECT WITH THE GUEST

Website: https://www.zeonamcintyre.com/

Linkedin: https://www.linkedin.com/in/zeona-mcintyre/

Instagram: https://www.instagram.com/zeonamcintyre/?hl=en

Facebook: https://www.facebook.com/ZeonaMcIntyreRealEstate/

Youtube: https://www.youtube.com/channel/UChQViQdjrSdFaoZnchKHEMw

Twitter: https://twitter.com/zeonamcintyre?lang=en

Linktree: https://linktr.ee/Zeona

#MidtermRentalInsurance #CreativeFinancing #RealEstateInvesting #InvestingWisdom

Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint

In a recent episode of "The Real Estate Experiment," Mike Stone, a former attorney turned Mid-Term Rental Insurance specialist, takes center stage, showcasing a remarkable journey of success in the industry. Stone's recent achievement breaks industry records—a substantial $45,000 per month contract for the next five months, resulting in a net profit of $12,000 monthly. The episode provides invaluable insights for those venturing into the Mid-Term Rental Insurance Niche.

Stone emphasizes the significance of establishing connections with insurance and relocation specialists, highlighting the importance of understanding the specific asset requirements to cater to families in need. He advises potential players to engage in cold calling to introduce themselves as Midterm Rental Housing specialists. Negotiating contracts diligently and ensuring they align with the interests of all parties involved emerges as a critical decision-making factor.

Mike Stone shares his strategy of seeking $2,000 more in net take-home for midterm rentals compared to short-term rentals. Recognizing the importance of education and proximity to industry figures, Stone recommends investing in learning and aligning with experienced professionals.

The episode underscores the role of a podcast as a potent brand-building tool, with Invested Talent positioned to guide individuals in launching podcasts from inception to completion. Mike Stone's success story serves as a testament to the value of hard work and the importance of surrounding oneself with proven mentors in the real estate industry. The overarching message resonates with the essence of an abundance mindset and a willingness to put in the necessary work for sustained success.

HIGHLIGHTS OF THE EPISODE:

00:54 Mike Stone's journey to entrepreneurship.

05:20 Taking a risk in real estate.

10:28 Investing in Education and Coaches.

15:14 Benefits of having a coach.

20:05 Optimizing Airbnb Hosts for Quality Guests.

25:02 Mid-Term Rentals: Tips for Success.

35:06 Short-term vs. Mid-Term Rentals.

40:18 Solving a 12,000 sqft housing problem.

45:05 Negotiating a Luxury Property Rental.

50:07 Hard work pays off.

55:09 Keys to success in business.

1:00:11 Real Estate: The Key to Success.

1:05:02 Benefits of Podcasting for Real Estate Investors.

CONNECT WITH THE GUEST

Website: https://www.strignite.com/

Linkedin: https://www.linkedin.com/in/mikestonegroup/

Instagram: https://www.instagram.com/str_ignite/

Linktree: https://linktr.ee/mikestonegroup #MidtermRentalContract #TipsforSuccess #TakingRisks

Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint Increase Your Chances of Landing MTR Insurance contracts in your market by Joining Our 2-Day Virtual Monthly Mid-Term Rental Insurance Marketing & Optimization Boot camps: ⁠https://experimentrealestate.com/mtrbootcamp

In a recent real-life case study shared by Ruben Kanya on “The Real Estate Experiment,” he delves into a competitive scenario where two relocation specialists from the same company vied for a premium temporary housing opportunity. The property, a fully furnished 4-bed, 3-bath home with pet-friendly amenities and utilities included, became a sought-after solution for families facing water damage-related relocations.

Ruben highlights three key elements that played a pivotal role in this scenario:

1. Branding: The power of a positive reputation in the industry became evident as one relocation specialist reached out based on the recommendation from a previously established rapport. Ruben emphasizes the importance of your brand being spoken of positively among professionals in the industry, underscoring the influence of word-of-mouth referrals.

2. Marketing: Ruben shares insightful gems from the relocation specialist’s perspective, focusing on effective email communication. Including a Hot Sheet, mentioning the property’s location in the subject line, and detailing property specifics in the body of the email were identified as strategies to increase visibility during relocation searches.

3. Pricing: The study underscores the critical role of pricing in securing deals. Ruben explores the delicate balance between offering competitive incentives and understanding the budget constraints of relocation specialists. He emphasizes that while a standard rule of thumb often applies, factors like low supply can alter pricing dynamics, prompting relocation companies to consider even unfurnished accommodations.

This case study serves as a practical illustration of the intricate interplay between branding, marketing, and pricing in the competitive landscape of temporary housing. Ruben uses this scenario to underscore the nuanced strategies that can significantly impact success in the mid-term rental insurance niche, teasing the depth of insights participants can expect from his 2-Day Mid-Term Rental Insurance Marketing and Optimization Virtual workshops.
#MTR #Marketing #Branding #Pricing

Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint

Welcome to this episode. Today, we have the pleasure of diving into the world of real estate and negotiation with Tom Zeeb, President of Traction REIA, Author, Speaker, and Real Estate Entrepreneur.

In this insightful episode, Tom recounts his journey from the brink of financial ruin to thriving success. Following a near-death experience in 2001, he transitioned from a conventional 9-to-5 job to a flourishing career in real estate investing. Facing the challenge of maintaining a successful business while prioritizing family time and vacations, Tom shares his transformative approach to remote operation in the real estate wholesaling business.

Join us as Tom delves into negotiation techniques and the power of Neuro-Linguistic Programming (NLP). He shares practical advice on enhancing negotiation skills for financial gains and discusses his experiences in mid-term rental insurance and various real estate investment strategies. Tom also explores current economic opportunities for traction in the real estate market and emphasizes the art of compounding efforts for maximum rewards.

Whether you're a seasoned investor or just starting, this episode promises valuable insights from Tom Zeeb, a true industry leader. Tune in now for a conversation filled with wisdom and expertise!

HIGHLIGHTS OF THE EPISODE:

07:54 Tom talks about negotiation being both an art and a science

17:01 Tom talks about building rapport to build a level of trust

KEEPING IT REAL:

04:53 Negotiation techniques and NLP

09:50 Negotiation skills for making more money

14:55 Journey to financial freedom

19:59 Journey to success in mid-term rental insurance

24:51 Real Estate Investing: A Community of Like-Minded Individuals

29:50 Real Estate Investment Strategies

34:41 Opportunities for traction in the current economy

39:55 Investing: Compounding Efforts for Maximum Rewards

44:49 Real Estate Marketing Strategies

49:50 Tom's Real Estate Investing Resources

57:43 WE ARE OUT!

CONNECT WITH THE GUEST

Website: https://tractionreia.com/

Linkedin: https://www.linkedin.com/in/thomaszeeb/

Instagram: https://www.instagram.com/tomzeebtraction/

Facebook: https://www.facebook.com/TomZeeb

Twitter: https://twitter.com/tomzeeb

#RealEstateNegotiation #FinancialFreedom #RemoteRealEstateSuccess #InvestingWisdom

Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint

In an episode of “The Real Estate Experiment,” Ruben Kanya delivers breaking news that ALE Solutions, the nation’s leading temporary housing provider collaborating directly with insurance companies, is expanding its inventory to include non-furnished accommodations. While this development has sparked concern among those who have traditionally operated in the furnished accommodations niche, Ruben sees it as a significant opportunity for property owners with unfurnished properties to enter the mid-term rental insurance niche. In response to this transformative shift, Ruben poses a rhetorical question to his audience: “Will you adequately position your business to take advantage of this?”

Ruben goes on to provide several insightful perspectives on this dynamic industry shift. He encourages property owners to view this expansion as a chance to diversify and adapt to the evolving market landscape. By recognizing the potential for non-furnished accommodations in the mid-term rental insurance niche, Ruben urges his audience to seize this opportunity strategically. Through his nuanced insights, Ruben not only addresses concerns but also empowers property owners to navigate this change with a proactive mindset, positioning their businesses for success in an evolving and expanding market.

#MTR #MTRbreakingnews #MidTermRentals

Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint

Welcome to another episode as we explore the fascinating world of real estate and design with the exceptional Amy Powers. Amy, a well-acclaimed STR Designer Industry Disruptor, Author, Speaker, Instructor, and President of IAHSP, has left an indelible mark on the industry.

Her journey began as a professional home stager in 2007, and she later embraced the challenge of Short-Term Rental (STR) design in 2019. Amy's expertise and vision led her to reshape her Atlanta-based staging business, anticipating the surge in demand, especially with the onset of Super Bowl LIII in 2019. She's earned numerous awards and even been nominated for the 2023 Top 100 Most Influential in Real Estate Staging and the Lori Kim Polk Lifetime Achievement Award.

In this episode, Amy covers a wide range of topics, including maximizing short-term rental profits, home staging and digital products, short-term rental design intricacies, furnishing for rental arbitrage, and considerations for short-term vs. mid-term rentals. She also discusses creating practical and comfortable spaces, budget-friendly room updates, and addressing liability in mid-term rentals. Join us as we explore the secrets of successful short-term rental property design guided by Amy Powers' expertise. Don't miss this masterclass in STR and design from a true industry leader. Tune in now!

HIGHLIGHTS OF THE EPISODE:

26:23 Amy talks about helping clients choose furniture for their needs, emphasizing practicality, durability, and comfort.

45:37 Amy talks about updating a room on a budget

KEEPING IT REAL:

03:11 Maximizing profits from short-term rentals

05:00 Home staging and digital products

10:02 Short-term rental design

15:01 Furnishing a property for rental arbitrage

20:01 Furnishing short-term vs mid term rentals

25:01 Furnishing a home for practicality and comfort

30:01 Considerations for Interior Design

35:02 Maximizing Occupancy and Profitability with MTR Insurance Blueprint

40:01 Furniture selection for commercial use

45:01 Updating a Room on a Budget

50:02 Creating a memorable MTR experience

55:00 Liability in mid-term rentals

1:00:01 Designing a successful short-term rental property

1:08:14 WE ARE OUT

CONNECT WITH THE GUEST

Website: https://vacationrentalinabox.com/

Linkedin: https://www.linkedin.com/in/amypowers/

Instagram: https://www.instagram.com/vacationrentalinabox/

Facebook: https://www.facebook.com/VacationRentalinaBox/

Twitter: https://twitter.com/mitchpomeroy?lang=en

#RealEstateDesign #STRInsights #MidTermRentals #InteriorDesign

Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint

Join us for an enlightening episode with Anthony Faso and Cameron Christiansen, the visionary founders of Infinite Wealth Consultants and dynamic hosts of the Infinite Wealth Podcast.

Anthony's journey from a U.S. Army veteran to a former CPA with significant corporate experience, including a CFO role, and Cameron's entrepreneurial spirit, provide a unique blend of expertise. Inspired by Robert Kiyosaki's "Rich Dad, Poor Dad" principles, Anthony and Cameron guide their clients towards financial independence with a focus on financial wisdom, making sound investment choices, and securing assets that offer certainty, control, and collateral.

In this episode, Anthony and Cameron delve deep into the world of Infinite Banking, shedding light on its key differentiators from traditional life insurance. They discuss the challenges and growth associated with this innovative financial approach, emphasizing the importance of investing based on facts rather than opinions. Explore the possibilities of using Infinite Banking as a retirement strategy and how leveraging whole life insurance policies can lead to long-term financial security.

Our guests also reveal the benefits of maintaining multiple policies within the Infinite Banking framework and how this can contribute to building a trust for long-term wealth. Whether you're a seasoned investor or new to the world of finance, this episode is a must-listen for anyone seeking to gain a deeper understanding of financial strategies that can provide a stable and secure future.

Don't miss this opportunity to learn from Anthony and Cameron as they share their invaluable insights in their signature style. Tune in now for a wealth of knowledge and practical advice on achieving financial independence!

HIGHLIGHTS OF THE EPISODE

16:38 Anthony talks about infinite banking being more of a process

40:35 Cameron talks about the product used in this strategy being a specially designed whole life policy, which has been around for over 150 years

KEEPING IT REAL:

03:36 Infinite Banking Strategy

05:00 Infinite Banking vs. Traditional Life Insurance

10:01 Exploring Infinite Banking

15:03 Challenges of Infinite Banking

20:01 The Growth of Infinite Banking

25:00 Investing with facts, not opinions

30:04 Infinite Banking for Retirement

35:01 Tap into mid-term rental insurance space

40:01 Maximizing Occupancy and Profitability with MTRR Insurance

45:00 Investing with Ruben and his team

50:00 Leveraging a Whole Life Insurance Policy

55:00 Investing in Infinite Banking

1:00:02 Benefits of having multiple policies

1:05:01 Building a trust for long-term wealth

1:10:02 Real Estate Investing Revolutionized by Podcasting

1:14:48 We are OUT!

NOTABLE QUOTE (KEY LESSONS):

16:40 “ infinite banking is more of a process on how you use that product” - Anthony Faso

CONNECT WITH THE GUEST

Anthony Faso

Linkedin: in/anthonyfaso

Cameron Christiansen

Linkedin: in/cameronlchristiansen

Infinite Wealth Consultants

Website: infinitewealthconsultants.com

Instagram: @infinitewealthconsultants

Facebook: /infinitewealthconsultants

Youtube: /Infinite Wealth Consultants

#InfiniteBanking #FinancialWisdom #WealthBuilding #WholeLifeInsurance

Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint

Join us for another insightful episode that was not supposed to be an episode but rather a mastermind that Ruben found so valuable that he asked Mitch for permission to share with his audience.

We delve deep into the world of real estate investment with Mitch Pomeroy, a seasoned Real Estate Investment Owner Principal, Private Placement Equity Manager, and Global Real Estate Advisor. With over 25 years of hands-on experience, Mitch has established himself as a trusted name in the industry, catering to a diverse clientele, from multi-family syndication to Wall Street investors and private equity firms.

Mitch's journey began in the construction business, where he honed essential skills in team management, renovations, and every aspect of the construction trade. In 2006, he embarked on a new path, obtaining his real estate license and officially becoming a real estate agent in January 2007. Today, Mitch is fully immersed in the realm of multi-family apartment syndication and Private Placement Equity Management, leading a dedicated team known for their unwavering work ethic, consistent performance, and transparent communication with investment partners.

In this episode, Mitch shares his invaluable insights and experiences, including strategies for maximizing profits with an 80/20 loan, creative finance techniques such as sub-to, and flipping houses. He also takes you on his real estate journey, from five transactions to a portfolio of over 500 units, and explores the world of investing in apartment complexes. From moving a business to Las Vegas to seizing opportunities in the pre-foreclosure market, Mitch offers practical advice on leveraging various real estate tools and leads.

Learn how to tap into MTR Insurance opportunities, utilize mid-term rentals for short-term gains, and navigate the rental market with a membership model. Mitch delves into the art of raising private money from Baby Boomers, financing house purchases, and maximizing resources with ninja marketing tactics. He also shares his expertise in negotiating packages of multiple homes and leveraging digital marketing for real estate investments.

Don't miss this episode which originally wasn’t supposed to be an episode but was so juicy, Ruben requested for this to be launched to share the insightful wealth of knowledge that Mitch was willing to share with no shortage of enthusiasm.

HIGHLIGHTS OF THE EPISODE:

01:51 Mitch talks about his creative financing business model

32:16 Mitch talks about leveraging VAs

KEEPING IT REAL:

01:04 Real Estate Investment in Sin City

05:01 Maximizing profits with an 80/20 loan

10:00 Flipping Houses and Creative Finance.

15:01 Real Estate Journey: From 5 Transactions to 500 Units

20:01 Investing in an apartment complex

25:00 Moving a business to Las Vegas

30:00 Taking advantage of pre-foreclosure market

35:01 Investing in VA tools and leads

40:00 Successful Real Estate Business

45:00 Exploring MTR Insurance Opportunities

50:01 Leveraging Insurance Mid Term rental space for Short-Term Rentals

55:00 Arbitrage rental market with membership model

1:00:01 Leveraging private money for real estate investments

1:05:00 Raising Private Money from Baby Boomers

1:10:02 Building a strategy for sub-two deals

1:15:01 Financing a House Purchase.

1:20:01 Maximizing resources with ninja marketing tactics

1:25:03 Negotiating a package of 11 homes

1:35:03 Strategies for Investing in Real Estate

1:40:01 Leveraging Digital Marketing for Real Estate Investing

1:43:47 Closing

CONNECT WITH THE GUEST

Linkedin: https://www.linkedin.com/in/thepomeroyteam/

Facebook: https://web.facebook.com/mitch.pomeroy.5/?_rdc=1&_rdr

Twitter: https://twitter.com/mitchpomeroy?lang=en

#RealEstateInvesting #MidTermRental #CreativeFinancing #InvestmentStrategies

Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint Join our MTR MARKETING & OPTIMIZATION 2-DAY VIRTUAL BOOTCAMP: https://experimentrealestate.com/mtrbootcamp

Join our MTR Insurance Network: https://mtrinsurancenetwork.com/join/

Welcome to another episode featuring Bronson Hill, the Founder and CEO of Bronsonequity.com.

Bronson's inspiring journey began as a medical device consultant, driven by the desire to replace his medical sales income with something more passive, he originally aimed to acquire 30 homes for financial independence, his path evolved after reconnecting with a family member immersed in multifamily apartments.

Today, he takes pride in being a multifamily syndicator and investor in many different asset classes. He also guides others in the pursuit of achieving financial independence.

In this episode, Bronson shares insights on taking action, experimenting for success, and embracing the 'Who Not How' philosophy in investment strategies. He delves into his transition from the corporate world to real estate investing, highlighting the significance of leadership and mindset. Discover how Bronson took risks for financial freedom. Bronson also unveils the world of private equity roll-ups in the car wash industry, shedding light on the benefits of this strategic approach. Don't miss this episode packed with wisdom and strategies for achieving financial independence and thriving in the world of real estate and other asset classes.

HIGHLIGHTS OF THE EPISODE:

25:53 Bronson talks about having freedom of time

33:40 Bronson talks about why you should consider going into multifamily and other assets

KEEPING IT REAL:

03:16 Taking action and experimenting for success

05:00 "Who Not How" and Investing Strategies

10:01 Bronson Hill's journey to success

15:01 Transition from working 9 to 5 to Investing

20:00 The importance of being a leader and having the right mindset

25:01 Taking the Risk for Freedom

30:01 Living life to the fullest

35:00 Private Equity Roll-up in Car Washes

40:01 Benefits of the Roll-up Strategy for Car Washes

41:28 We are OUT

NOTABLE QUOTE (KEY LESSONS):

05:17 “Going 10X in your business or in your life is you've got to let go of who you were or who you are now to become who you're going to be” - Bronson Hill

CONNECT WITH THE GUEST

Website: https://bronsonequity.com/

Linkedin: https://www.linkedin.com/company/bronson-equity/mycompany

Facebook: https://www.facebook.com/BronsonEquity

Youtube: https://www.youtube.com/channel/UCc1KYJL8ZjF3GC3Wh5lYNfg

Instagram: https://www.instagram.com/bronsonequity/

Linktree: https://linktr.ee/bronsonequity

SUBSCRIBE TO OUR CHANNEL FOR MORE INSIGHTFUL CONTENT:

https://www.youtube.com/channel/UCS9oPb6VQiE4gzofIP03exQ

FOLLOW ME ON:

Instagram: https://www.instagram.com/therealestateexperiment/

Facebook: https://web.facebook.com/therealestateexperiment/?_rdc=1&_rdr

LinkedIn: https://www.linkedin.com/company/the-real-estate-experiment-network

Linktree: https://linktr.ee/therealestateexperiment

#FinancialIndependence #RealEstateInvesting #InvestmentStrategies #DiversifiedInvestments

Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint

Join our MTR MARKETING & OPTIMIZATION 2-DAY VIRTUAL BOOTCAMP: https://experimentrealestate.com/mtrbootcamp

In this milestone episode of "The Real Estate Experiment," Ruben Kanya expresses his deep pride in his team at InvestedTalent.com for achieving the remarkable feat of producing their 250th episode. Ruben reflects on the transformative power of building a brand and establishing a digital footprint online. He shares the personal journey that led to the creation of Invested Talent agency, initially born out of his need to produce and repurpose content for educational purposes and social media sharing. This venture has not only provided Ruben with valuable knowledge but has also yielded substantial dividends, including real estate deals.

Ruben openly discusses the initial imposter syndrome he experienced when starting his podcast, emphasizing that the discomfort he overcame is the very catalyst that opened doors he never could have imagined. From building a brand that fosters trust to closing deals and gaining access to influential circles, Ruben attests to the profound impact of his podcasting journey. He encourages those who may be facing similar doubts and uncertainties to recognize that what they fear most could be the key to unlocking their greatest opportunities, whether in real estate, careers, or passion projects.

Ruben's message centers on the belief in the "who not how" philosophy, highlighting that breaking into any industry involves leveraging the power of tools like podcasting. He emphasizes that a podcast is an underutilized secret weapon that can significantly propel one's journey. To further empower individuals in their branding and marketing efforts, Ruben announces an upcoming event—a two-day virtual bootcamp focused on branding and MTR (Mid-Term Rental) marketing and optimization. He encourages his audience to participate, as these events provide valuable insights and resources for personal and professional growth. Interested individuals can find more information about this event on his website, experimentrealestate.com.

In this episode, Ruben's passion and dedication to helping others harness the potential of branding and digital presence shine through, offering listeners a motivating and actionable message to seize opportunities and build their own brands from the ground up without having to be the expert but surrounding yourself with them.

SUBSCRIBE TO OUR CHANNEL FOR MORE INSIGHTFUL CONTENT:

https://www.youtube.com/channel/UCS9oPb6VQiE4gzofIP03exQ

FOLLOW ME ON:

Instagram: https://www.instagram.com/therealestateexperiment/

Facebook: https://web.facebook.com/therealestateexperiment/?_rdc=1&_rdr

LinkedIn: https://www.linkedin.com/company/the-real-estate-experiment-network

Linktree: https://linktr.ee/therealestateexperiment

#brand #digitalfootprint #realestate

In this insightful episode titled "The Combined 'Sub-to' to Mid-Term Rental Insurance Strategy," Ruben Kanya, the host of "The Real Estate Experiment," shares a detailed breakdown of a recent deal he successfully closed. He credits this achievement to leveraging a strategy inspired by the renowned Pace Morby, who extensively discusses it in his book "Wealth without Cash." Ruben considers this approach, which combines the Subject-to strategy with the mid-term rental insurance strategy, as one of the best-kept secrets, especially in today's economy marked by high interest rates. He emphasizes that this combination can yield the highest margins and significantly boost cash flow, making it a crucial tool for investors seeking to maximize profitability.

Ruben underscores that in a market where acquiring properties with favorable terms is increasingly challenging, understanding and implementing these strategic experiments can make all the difference for investors. He highlights the importance of education and strategic thinking in real estate ventures, asserting that the ability to effectively combine these two strategies can lead to rapid portfolio growth and financial success. By sharing his experiences and insights, Ruben empowers his audience to experiment wisely and strategically, offering them a valuable resource for achieving exceptional results in the real estate industry.

JOIN OUR MTR INSURANCE NETWORK: https://mtrinsurancenetwork.com/join/

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Get our international best-seller book, Hospitable Hosts: https://amzn.to/3e4LEhE: https://amzn.to/3e4LEhE

FOLLOW ME ON:

Instagram: https://www.instagram.com/therealestateexperiment/

Facebook: https://web.facebook.com/therealestateexperiment/?_rdc=1&_rdr

LinkedIn: https://www.linkedin.com/company/the-real-estate-experiment-network

Linktree: https://linktr.ee/therealestateexperiment

WORK WITH ME:

Book a call to work with me and my team: https://calendly.com/rubenkanya/discovery-call

Website: https://experimentrealestate.com/

#MTR #midterminsurance #strategy

Welcome to another episode where we dive deep into the dynamic world of multifamily real estate with a true industry powerhouse, Jason Lee. Jason is the President of JLM Real Estate, and his name carries immense weight in the multifamily real estate realm. With an unwavering commitment to excellence, Jason has become a trusted expert known for his prowess in facilitating property acquisition, sales, and 1031 exchanges. His track record speaks volumes, having successfully represented over 100 investors and masterminded transactions exceeding $250,000,000 in real estate sales throughout San Diego County.

But Jason Lee is more than just a real estate broker; he's a hands-on multifamily investor with a remarkable portfolio. In the past 12 months alone, he's acquired over 15 properties, amassing a substantial portfolio worth over $35,000,000 in San Diego County. His achievements and industry insights have garnered attention, earning him features in prestigious publications like the San Diego Business Journal and Costar. In this episode, Jason delves into the intricacies of real estate investing, emphasizing value-add strategies, maximizing profitability, and navigating the complex world of financing. Whether you're a seasoned investor or just starting in the real estate game, Jason's expertise will provide invaluable insights on leveraging technology, securing loans, and much more. Tune in now and discover how to make smart real estate investments, as Jason Lee shares his wealth of knowledge to help you thrive in this ever-evolving industry. Don't miss out on this opportunity to learn from one of San Diego County's foremost real estate authorities!

Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint

HIGHLIGHTS OF THE EPISODE:

04:41 Jason talks about the top two ways to exit a property

34:54 Jason talks about what the trading up process looks like

KEEPING IT REAL:

03:25 Real estate investor specializing in the multifamily

04:45 Real Estate Investing: Value Add and Time Frames

09:54 Value-adding vs. Deferred Maintenance

14:57 Maximizing value and profitability in real estate

19:51 Cost-effective renovations for real estate investments

24:53 Securing a loan for a property

29:55 Trading up: Steps and considerations

34:47 1031 Exchange and Real Estate Investing

39:51 Financing a Real Estate Investment

44:51 Leveraging technology and smart locks in real estate investing

51:42 What’s next for Jason

52:38 We are OUT

NOTABLE QUOTE (KEY LESSONS):

“ Your biggest enemy when you trade up is time, because after you close, you have that 45 day window to identify that property.” - Jason Lee

JOIN OUR MTR INSURANCE NETWORK: https://mtrinsurancenetwork.com/join/

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Get our international best-seller book, Hospitable Hosts: https://amzn.to/3e4LEhE: https://amzn.to/3e4LEhE

FOLLOW ME ON:

Instagram: https://www.instagram.com/therealestateexperiment/

Facebook: https://web.facebook.com/therealestateexperiment/?_rdc=1&_rdr

LinkedIn: https://www.linkedin.com/company/the-real-estate-experiment-network

Linktree: https://linktr.ee/therealestateexperiment

WORK WITH ME:

Book a call to work with me and my team: https://calendly.com/rubenkanya/discovery-call

Website: https://experimentrealestate.com/

#Multifamily #1031Exchange #InvestingStrategy #RealEstateInvesting

In his live training session at the MTR Wealth Retreat in Park City, Utah, Ruben Kanya, the host of "The Real Estate Experiment," delved into the pivotal concept of unlocking one's 10x potential for exponential growth and impactful transformation in the realm of midterm rental real estate. He emphasized that before implementing any strategies or insights for scaling operations and maximizing revenue with fewer properties, a fundamental shift in mindset is essential. Ruben stressed the importance of embracing a new paradigm, one that opens the mind to possibilities beyond the conventional.

Central to Ruben's training was the idea of recoding one's mental software, or paradigm. He highlighted that genuine quantum leaps in success start at the subconscious level, much like any profound transformation. Ruben underscored the difference between merely acquiring knowledge and integrating it into the subconscious, making it an automatic part of daily habits. He asserted that without this critical step, new information remains inert and unable to drive meaningful change.

Ruben likened a paradigm to a collection of fixed ideas in the subconscious mind, which manifest as habits. He explained that a habit is essentially an idea that expresses itself without conscious thought. Many participants at the retreat experienced a paradigm shift through the training, but Ruben emphasized that, like a muscle, it must be continuously worked on to solidify the transformation. He encouraged his audience to revisit and listen to the training repeatedly, allowing it to become an integral part of their new paradigm for success in the world of midterm rental real estate. This episode serves as a valuable resource for those seeking to unlock their 10x potential and drive exponential growth and impactful transformation in their real estate endeavors.

Join Our Midterm Rental Network: mtrinsurancenetwork.com

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Get our international best-seller book, Hospitable Hosts: https://amzn.to/3e4LEhE: https://amzn.to/3e4LEhE

FOLLOW ME ON:

Instagram: https://www.instagram.com/therealestateexperiment/

Facebook: https://web.facebook.com/therealestateexperiment/?_rdc=1&_rdr

LinkedIn: https://www.linkedin.com/company/the-real-estate-experiment-network

Linktree: https://linktr.ee/therealestateexperiment

WORK WITH ME:

Book a call to work with me and my team: https://calendly.com/rubenkanya/discovery-call

Website: https://experimentrealestate.com/

#mtr #realestate #mtrwealthretreat

In a captivating episode of "The Real Estate Experiment," Ruben Kanya takes his audience on a journey through his recent role as a speaker at the MTR Wealth Retreat, a prestigious event hosted by Dr. Rachel Gainsbrugh. This retreat, co-led by Ruben and his partner Dr. Rachel Gainsbrugh, brought together a community of like-minded investors eager to dive deep into the world of midterm rentals. The central theme of their presentation was a paradigm shift in how investors approach generating more profit with fewer properties.

Ruben's recap of the event begins with a profound insight on the power of "recoding your software," which he aptly describes as one's paradigm. He underscores the importance of not just learning new concepts but embedding them deep within the subconscious, making them an integral part of daily habits. Ruben passionately explains that without this crucial step, new knowledge remains inert, unable to drive transformation in one's actions and results.

Throughout the episode, Ruben offers glimpses into the pivotal role that this paradigm shift played during the MTR Wealth Retreat. He reveals how he introduced this concept as one of the foundational pillars on the very first day for the VIP attendees. Ruben firmly believes that this mental shift is the cornerstone upon which all other strategies and insights can be built, fostering a mindset of adaptability, innovation, and success.

Ruben's recounting of the event is not just an informative recap but also an inspiring call to action for his listeners. He encourages them to embrace the power of recoding their own software, emphasizing that true growth and success in the world of midterm rentals come not just from acquiring knowledge, but from integrating it into one's very being. As he concludes the episode, Ruben leaves his audience with the belief that by making this paradigm shift, they can embark on a journey of profitable, purposeful, and transformative real estate investments.

Register in advance for my next webinar here: https://us02web.zoom.us/webinar/register/WN_j6t6NrMMSO2UcspLKD6N_g#/registration

Join Our Midterm Rental Network: mtrinsurancenetwork.com

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Get our international best-seller book, Hospitable Hosts: https://amzn.to/3e4LEhE: https://amzn.to/3e4LEhE

FOLLOW ME ON:

Instagram: https://www.instagram.com/therealestateexperiment/

Facebook: https://web.facebook.com/therealestateexperiment/?_rdc=1&_rdr

LinkedIn: https://www.linkedin.com/company/the-real-estate-experiment-network

Linktree: https://linktr.ee/therealestateexperiment

WORK WITH ME:

Book a call to work with me and my team: https://calendly.com/rubenkanya/discovery-call

Website: https://experimentrealestate.com/

#mtr #realestate #mtrwealthretreat

We are back with another episode where we sit down with Caleb Johnson as he talks about mentorship and real estate. Caleb is the founder of Red Sea Capital and the host of the podcast "From Trial to Triumph. Drawn to the potential of real estate to offer financial freedom, Caleb embarked on a journey that saw him evolve from a determined 19-20-year-old seeking to house hack, to the accomplished entrepreneur he is today.

Caleb's passion for real estate led him to connect with a mentor who was already 6-12 months ahead in the same field. Caleb offered his time and dedication in exchange for mentorship. His commitment was proven through reading books and absorbing educational videos, demonstrating his unwavering dedication to growth. Today, Caleb's portfolio boasts a collection of multi-family apartment buildings, reflecting the culmination of his journey. He has also developed a proprietary "secret sauce" that has played a pivotal role in his achievements in the real estate market. He encourages others to take bold action and glean insights from accomplished investors.

In this episode, Caleb talks about real estate and mentorship. Discover how Offering Time to Find a Mentor has been a pivotal step in his journey, propelling him from an aspiring investor to a seasoned entrepreneur. Caleb recounts his realization of the untapped potential within real estate investing. Venturing into the dynamic realm of the commercial real estate space, Caleb opens up about his transition from apartments to partnership – a move that brought a new dimension to his investment strategy. He unveils the strategies he employed in optimizing operational efficiency by finding the right Property Managers. But it's not just about properties; it's about people. Caleb passionately discusses the paramount role of relationships in this industry. From Property Managers and Building Relationships to the wider importance of Connecting with People, Caleb draws on his experiences to underscore the value of genuine connections.

Tune in to this insightful episode to glean invaluable insights from Caleb's journey, and learn how time, mentorship, and fostering meaningful relationships can be the bedrock of success in the dynamic landscape of real estate. Don't miss out on this enlightening conversation!

Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint

HIGHLIGHTS OF THE EPISODE:

11:13 Caleb talks showing dedication and commitment by offering time

55:31 Caleb encourages people to not isolate themselves and to learn from anyone, regardless of their background.

KEEPING IT REAL:

10:00 Offering Time to Find a Mentor

15:00 Realizing the potential of real estate investing

20:01 Investing in Commercial Real Estate

25:00 Exploring the mid-term rental insurance space*

30:00 Caleb's transition to apartments and partnership game

35:00 Investing in Real Estate

40:01 Finding a property manager for an apartment complex*

45:01 Investing in single family homes/apartments

50:00 Property managers and building relationships

55:00 The importance of connecting with people

59:51 Connecting with Caleb

01:00:32 We are OUT!

NOTABLE QUOTE (KEY LESSONS):

11:02 “Finding someone that is just a little bit ahead of you is gonna get you a lot further and probably save you a lot more money than going to the top dog.” - Caleb Johnson

CONNECTING WITH THE GUEST

Website: https://redseacapitalgroup.com/

Linkedin: https://www.linkedin.com/in/caleb-johnson-7b7300205/

Youtube: https://www.youtube.com/@calebjohnson331

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Get our international best-seller book, Hospitable Hosts: https://amzn.to/3e4LEhE: https://amzn.to/3e4LEhE

#Commercialrealestate #RealEstateInvesting #Mentorship #PropertyManagers

In a captivating episode of "The Real Estate Experiment Show," hosted by Ruben Kanya, a crucial distinction is drawn between those who continuously search for the "best" market to operate midterm rentals with a focus on insurance, and those who have unlocked a key insight. Ruben boldly reveals the answer that countless investors have been tirelessly searching for across the vast expanse of the internet. This revelation centers around the question that often holds back investors from taking the plunge and which frequently leads to analysis paralysis. In this enlightening episode, Ruben adeptly guides listeners towards the answer that holds immense significance for both short-term and midterm rental operators.

Ruben dismantles the notion of the "best" market as a one-size-fits-all solution and unveils the pivotal question that investors should be focusing on instead. He delves into the psychological barriers that this question can erect, leading to hesitation and uncertainty. Through insightful anecdotes and real-world examples, Ruben not only dispels the myth of a universally ideal market but also empowers listeners with a paradigm shift in their approach to market selection.

Drawing from his deep well of experience, Ruben offers practical advice and strategies for investors to overcome the analysis paralysis associated with market selection. He provides a holistic perspective that balances market fundamentals with individual preferences and investment goals. By the episode's conclusion, listeners are armed with a newfound clarity that can propel them towards making informed decisions and taking confident steps in the dynamic world of midterm rentals.

Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts #MTR #RealEstate #MTRInsurance

Join us in this episode as we sit down with Vlad Arakcheyev, a dynamic figure in the world of real estate investing. Vlad's journey began as a graphic designer in an advertising agency, finding contentment in his work until the unforeseen impact of the COVID-19 pandemic reshaped his life. Faced with uncertainty and financial challenges, Vlad seized the opportunity for change with the support of his wife, diving headfirst into the real estate world. With over a decade of experience, Vlad is now an active investor, co-sponsor, and JV partner in an impressive portfolio of 500+ multifamily units and land developments, boasting a multimillion-dollar success. His expertise shines in sales, marketing, direct efforts, and the acquisition of distressed and off-market properties. Throughout the episode, Vlad reveals his strategies for successful acquisition negotiations and creative financing. We delve into his inspiring transition from a graphic designer to a thriving real estate agent in New Jersey. Vlad shares valuable insights on the importance of making quick decisions and embracing the right partner's support to flourish in the real estate industry. He opens up about mindset and breaking through limiting beliefs, which propelled him towards his primary focus today: multifamily syndications and GV opportunities. As Vlad navigates us through his journey, he elaborates on the benefits of the Texas market and the significance of building a robust network, seeing competition as potential collaboration partners. Throughout his experiences, one message remains consistent: the power of taking action and embracing the true wealth found in the freedom of time. Don't miss this episode filled with wisdom and actionable advice from a seasoned investor who has discovered the keys to success in real estate. Tune in now to learn from Vlad Arakcheyev's remarkable story and discover how you, too, can create your path to prosperity in the multifamily investing landscape! Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint HIGHLIGHTS OF THE EPISODE: 11:32 Vlad talks about making quick decisions in real estate. 22:22 Vlad talks about the importance of mindset and working on limiting beliefs. KEEPING IT REAL: 04:45 Life before real estate 06:32 Pause and look at multifamily 09:24 Realtor license 11:32 Making quick decisions in real estate 14:18 Having a partner who's supportive and in all alignment 16:43 From flipping to passive income 22:22 Working on mindset and limiting beliefs 26:33 Practicing on other markets 28:25 Insights on Why Texas is a great market 31:16 Finding your market 32:32 No competition only potential partners 39:51 Improving your network through consistency 41:31 Learn sales and marketing 45:45 Explain everything in a simple way 49:19 Educating others to invest 54:08 You need to take action 57:03 True wealth is freedom of time 01:02:22 Deals owned and partnerships 01:05:54 Activities that allow for reading character and building trust 01:07:57 Core competencies partners can rely on 01:15:22 Closing NOTABLE QUOTE (KEY LESSONS): 23:11 “Your mind is the only thing that's limiting you.” - Vlad Arakcheyev CONNECTING WITH THE GUEST Website: https://zontikventures.com/ Linkedin: https://www.linkedin.com/in/vladarakcheyev/ Facebook: https://www.facebook.com/Vlad.Arakcheyev1/ Instagram: https://www.instagram.com/vlad_arakcheyev/ Tiktok: https://www.tiktok.com/@best_apartment_advice Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment Get our international best-seller book, Hospitable Hosts: https://amzn.to/3e4LEhE: https://amzn.to/3e4LEhE #Multifamily #FinancialFreedom #Passiveincome #Realestateinvesting

Today we bring you Andy Gurczak, founder and CEO of All City Adjusting to walk us through the behind the scenes process of how to get top dollar when filing a claim as policy holder in a trillion dollar industry.

With over a decade of experience, Andy specializes in helping people get what they deserve from their insurance claims. Andy reminds us that the Insurance companies are not your friends and thus, public adjusters are there to represent you the same way you it would be in your best interest to hire a lawyer when going to court or realtor when buying real estate. Working with a professional can assure you have maximum coverage.

This episode is timely as we see a growing niche in the midterm rental space (the way we do so in the lab) it’s critical for us to understand what the insurance adjusters are looking for in a claim that will determine if the claim is approved and if it is approved, how much dollar will be covered on a case by case. A public adjuster helps the policy holder get the top dollar that they deserve which essentially means you as investor get more coverage or as a midterm rental operator can get top dollar for your rentals.

Andy covers the full behind the scene gambit coming from the construction and restoration industry, he found his true calling in public adjusting, thanks to Herb Johnson, a pioneering African American public adjuster.

In this episode, Andy talks about why it's crucial to hire a public adjuster when dealing with insurance claims. He's passionate about advocating for the insured and getting them the most out of their claims. Andy also shares common problems homeowners face with insurance companies and offers useful tips for navigating the claims process successfully.

Additionally, he highlights the value of building strong relationships with insurance agents, restoration companies, and others in the industry. Tune in now for timely advice and insights that we certainly need to know especially for those tapping into the midterm rental insurance industry to help you and your clients get top dollar for their insurance claims.

Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint

HIGHLIGHTS OF THE EPISODE:

32:48 Andy talks about being cautious with what you say to insurance companies

57:11 Andy talks about calling your Public Adjuster first

KEEPING IT REAL:

04:18 Andy's background

06:16 Introduction to the insurance space

08:35 Helping the insured

15:25 Working with relocation companies

18:59 Do insurance companies talk to homeowners or a

manager that has a large portfolio?

19:44 Why insurance companies say no

27:54 How to get in touch with a public adjuster

29:41 Overturning a denied claim

34:32 Call the public adjuster first

39:23 You must have a public adjuster on your team

41:12 A public adjuster's business model

44:03 What a PA will do for you

48:22 What your PA wants you to stop doing

50:58 Where insurance claims happen the most

54:42 Building relationships with key players in the industry

56:30 Work with a PA, claim more money

01:02:11 We are OUT!

NOTABLE QUOTE (KEY LESSONS):

40:01 “Not having a PA is like not having an attorney” - Andy Gurczak

CONNECTING WITH THE GUEST

Website: http://www.allcityadjusting.com

Linkedin: https://www.linkedin.com/in/andy-gurczak-528b9b64/

Facebook: https://www.facebook.com/allcityadjusting/

#Personaladjuster #Insurance #Claims #RelationShipbuilding

Welcome to another episode where we explore commercial real estate asset classes with Stewart Heath, the CEO of Harvard Grace Capital, a private equity real estate investment firm that focuses on commercial properties in the Tennessee Valley area.

Stewart's journey began as a certified public accountant (CPA), following in the footsteps of his father. However, an epiphany moment made him realize that the traditional accounting model was not the path to building wealth and generating recurring income.

Stewart is currently focused on building wealth and generating steady income through his investment portfolio at Harvard Grace Capital. He is always on the lookout for new opportunities and maintains strong relationships with loyal investors. What sets him apart is his hands-on approach to managing properties, ensuring that he fulfills his promises to investors. Stewart's dedication and industry connections contribute to his ongoing success in the finance world.

In this episode, we'll hear Stewart's story of going from a CPA to a successful real estate investor. He emphasizes the importance of building wealth and earning consistent income through real estate investments. Stewart stresses the need to have capital reserves for long-term financial security. He also talks about the benefits of taking control of investment decisions, vertical integration of property management and focuses on commercial properties like multifamily, storage, office, and industrial assets. He shares insights on the storage industry's demand for storage units and highlights the advantages of investing in medical office buildings and stable industries. Tune in to gain invaluable insights and learn how you can build wealth and secure a prosperous future in the commercial space with strategic real estate investments. Don't miss out!

Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint

HIGHLIGHTS OF THE EPISODE:

21:29 Stewart talks about why it’s important to keep making new relationships and maintaining current ones

57:11 Stewart talks about never underestimating the need for capital reserves

KEEPING IT REAL:

06:16 The epiphany moment

09:41 Making a lot of money as a CPA

11:29 Why not build a PWC firm

16:08 Transition to larger deals

18:10 Partnership structure at Harvard Grace Capital

19:33 Structuring a deal

21:25 Building a network and raising capital

28:02 Putting in three x more time on property management

30:38 A focus on commercial real estate

32:27 Automating storage facilities

40:27 Metric that tells where storage is needed

45:14 Other commercial assets

49:41 Mixing different businesses

52:31 Structure when buying a multi tenant building

57:11 Key insight you wish you knew earlier

59:33 Good rule of thumb for net operating income

01:01:04 Closing

NOTABLE QUOTE (KEY LESSONS):

“Whoever your tenants, whatever business your tenant is in, you're in that business as well” - Stewart Heath

CONNECTING WITH THE GUEST

Website: https://harvardgracecapital.com/

Linkedin: https://www.linkedin.com/in/stewartoheath/

https://www.linkedin.com/company/harvard-grace-corporation/

Facebook: https://www.facebook.com/harvardgrace

Youtube: https://www.youtube.com/channel/UCFArB2KXaBlxNJ7LKjP1Qow

#Commercialrealestate #RealEstateInvesting #SelfStorage #WealthBuilding

It's all about multi-family, money lending in this market cycle and real estate in today’s episode with Will Matheson, a multifamily subject matter expert investor, managing partner and co-founder of Matheson Capital. 

​Before starting Matheson Capital, Will Matheson and his twin brother Evan were nearing the completion of their Masters in Real Estate Development program at Columbia University in late 2017. During this time, Will worked as a broker at Marcus & Millichap in Raleigh, NC, where he was part of a successful team in the region. They faced a crucial decision: either follow the traditional corporate path or start their own company. Despite having little experience, no proven track record, and limited funds, they took a risk and chose to establish their own company. With their focus on smaller properties that needed improvement and short-term investments, Matheson Capital made several successful acquisitions in the multifamily and student housing sectors over the next five years, amounting to a value of over $100 million.

In this episode, Will Matheson shares valuable insights on various subjects. He discusses the significance of having the right mindset, highlights the best opportunities for lending money, shares his experiences in raising capital and determining interest rates. He also talks about his remarkable achievement of raising $1 million at the age of 23 and emphasizes the importance of building a strong track record through strategic acquisitions. Will delves into the topic of partnerships and attracting new investors, while also explaining how to effectively communicate investment structures. He offers insights on structuring deals for larger projects and explains why opting for a floating interest rate can be advantageous. Additionally, he provides guidance on dealing with distressed deals and shares his exciting plans for the future. If you're into multifamily or real estate you cannot miss this episode. Join us, tune in and gain valuable knowledge and inspiration from Will Matheson's experiences in the real estate industry!

Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint

HIGHLIGHTS OF THE EPISODE:

23:40 Will talks about starting small and raising money from your closest networks

31:35 Will talks about the timeline for buying and selling small properties efficiently

KEEPING IT REAL:

06:33 The mindset

08:37 Level of foundation at Marcus and Millichap

10:39 Deciding which deals to lend money to

12:50 The process of raising capital and interest rates

18:28 What started the first deal

22:31 Raising a million dollars at 23

26:16 Building a track record and strategic acquisitions

27:48 Partnerships and inviting new investors

31:01 Type of assets bought before

35:34 Growing an asset vs living off of the model

38:03 Communicating the structure to an investor

46:30 Structure for bigger deals

53:10 Financing and where we are now

59:45 Why take a floating rate

01:04:17 What an operator should do with distressed assets

01:06:39 Foot on the gas or brakes and products to look for in the marketplace

01:10:06 Where to take things next

NOTABLE QUOTE (KEY LESSONS):

25:01 “Go to the network that's closest to you when you're starting because it's not that no one wants proof of concept, but the people you're closest to you have the most credibility with, they're gonna wanna see you succeed.” - Will Matheson

CONNECTING WITH THE GUEST

Website: https://www.mathcap.com/

Linkedin: https://www.linkedin.com/in/wlmatheson/

Facebook: https://m.facebook.com/profile.php?id=100075788478531&_rdr #Multifamily #Moneylending #Growth #Shortterminvestments

In a thought-provoking episode of "The Real Estate Experiment," host Ruben Kanya dives deep into the significance of striking a balance between automations powered by artificial intelligence (AI) and the human element in real estate ventures. Ruben emphasizes that it's not a matter of choosing one over the other but rather understanding when to leverage both to maximize results in all real estate experiments.

Ruben begins by explaining that while AI and automation can streamline processes and increase efficiency, they should never replace the human touch. He highlights the importance of maintaining a personal connection with clients and tenants, as this human element fosters trust, understanding, and a sense of care that technology alone cannot replicate.

To illustrate his point, Ruben provides everyday examples where combining AI with the human element can be immensely valuable. He discusses how implementing automated systems for customer inquiries and support can provide quick and efficient responses, ensuring a seamless experience for potential tenants.

However, Ruben stresses that when it comes to more complex inquiries or issues, a personal touch is essential, such as engaging in live chat conversations or offering personalized assistance to address specific concerns.

Ruben also explores the role of AI in marketing campaigns. He acknowledges that automation can be highly effective in reaching a larger audience, managing advertising campaigns, and analyzing data to optimize marketing strategies. However, Ruben emphasizes that the human touch is critical in crafting compelling narratives, understanding the emotional needs of potential tenants, and building authentic connections through personalized communication.

Ruben concludes by highlighting that successful real estate experiments require a harmonious blend of AI automation and the human element. He urges listeners to embrace technological advancements and leverage automation to enhance efficiency and reach, but always with the understanding that the human touch is irreplaceable when it comes to building trust, providing personalized support, and fostering genuine connections.

By striking the right balance between AI and the human element, real estate professionals can create exceptional experiences for their clients and tenants. Ruben's insights serve as a reminder that while technology can undoubtedly enhance operations, the human element remains the cornerstone of successful real estate ventures. Get Your MTR Insurance blueprint: https://experimentrealestate.com/#blueprint Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment Get our international best-seller book, Hospitable Hosts: https://amzn.to/3e4LEhE

#AI #Autimation #HumanTouch

Mark Simpson has been in the lab with us 3 times now, which is an-all time record for all the guests we’ve had in the lab and there’s a reason for this. Mark is the reason why short term rental operators go from solely depending on Airbnb to flipping their direct booking ratio to become a real business by building true fundamentals that allow you to control your business i.e. think list from the people that come in through your doors night in night out. Mark is the reason why your host truly – Ruben Kanya’s operation has gone from 80% dependent on airbnb to 80% direct bookings in a year, as investedescapes.com is proudly built on boostly.uk.com.

Mark previously appeared in episode #130 and was also in the Nashville Summit recap in episode #227. In each episode Mark always empowers the short term/vacation rental operator next door, giving them the tools to take control of their business by building a real brand to grow your business. In this episode, Mark doesn’t shy from doing this yet again but focuses on the operations side of the business by leveraging AI.

Recognizing the power of AI, Mark emphasizes the need to leverage these resources to continue to build an independent online presence alongside utilizing OTAs. This philosophy underpins the ‘book direct’ movement he’s been on to continue to empower entrepreneurs to take charge of their businesses and secure bookings directly in a more effective way than we’ve ever seen before.

Through Boostly which has now evolved into a software as a service product, Mark is dedicated to equipping property owners and hosts with the knowledge, tools, and strategies to safeguard & explode their businesses. His mission is to foster confidence and guide them towards thriving in the industry by embracing the transformative potential of the booking direct approach and blueprint. If you’ve heard of AI, need a marketing & branding masterclass and an up-to-date market refresh all in one…as a short term/vacation rental operator and/or business owner, you’ll certainly not want to miss this episode.

Join us as we gain valuable insights from Mark Simpson’s knowledge and an in-depth understanding of building up your resources and business with the use of AI.

HIGHLIGHTS OF THE EPISODE:

31:06 Maximizing the use of AI Tools

35:02 A Glimpse of Possibilities

55:10 Applying AI Tools on the Dailies

KEEPING IT REAL:

01:29 Guest Introduction

04:09 Bringing Content Creators Together

09:44 Leveraging AI Tools

18:14 Email is King when it comes to Marketing

22:39 Nurturing a “One-to-Many” Action

31:06 Maximizing the use of AI Tools

35:02 A Glimpse of Possibilities

41:27 More tools for personalized marketing

55:10 Applying AI Tools on the Dailies

NOTABLE QUOTE:

“Email HAS, IS and WILL always be the KING when it comes to marketing.” -Mark Simpson

CONNECTING WITH THE GUEST

Website: https://boostly.co.uk/

Linkedin: https://uk.linkedin.com/in/mrmarksimpson

Instagram: https://www.instagram.com/boostlyuk/?hl=en

Facebook: https://www.facebook.com/BoostlyUk/

Twitter: https://twitter.com/boostlyuk?lang=en Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment Hospitable Hosts book: https://amzn.to/3e4LEhE Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0

#LeveragingAItools #personalizedmarketing #ChatGPT

In the latest episode of "The Real Estate Experiment," host Ruben Kanya introduces a groundbreaking model that has propelled his success in the real estate industry. Ruben shares how this model has enabled him to collaborate with the nation's top temporary housing provider, secure significant insurance contracts, and assist displaced families in finding suitable temporary homes. Remarkably, his approach has yielded 100% occupancy rates and four times the profitability of traditional rentals, with a turnover rate ten times lower than that of short-term rentals. Ruben unveils the core principles of this transformative model, which he has encapsulated in the acronym M.M.T.R.R.R. This acronym stands for Marketing, Management, Traction, Reach out, Relationship building, and Repeating. Ruben explains that by mastering these fundamental elements, one can replicate his remarkable results and achieve similar success in the world of midterm rentals. Throughout the episode, Ruben dives deeper into each component of the M.M.T.R.R.R. model, providing practical insights and strategies for implementation. He emphasizes the importance of effective marketing techniques to attract potential tenants and insurance providers, highlighting the power of targeted advertising and strategic partnerships. Ruben then delves into the critical aspect of management, discussing how meticulous attention to detail and a focus on providing exceptional customer service are key to maintaining high occupancy rates and profitable rental properties. Next, Ruben explores the concept of traction, stressing the significance of consistent progress and growth. He emphasizes the need to track key metrics, set measurable goals, and take strategic actions to continually move forward in the real estate business. Additionally, Ruben discusses the vital role of relationship building in establishing long-term partnerships and fostering trust with insurance providers, property owners, and tenants. He shares insights on nurturing connections and cultivating a reputation as a reliable and trustworthy real estate professional. Lastly, Ruben emphasizes the significance of repetition, emphasizing the need to continually refine and improve upon the marketing, management, traction, reach out, and relationship-building strategies. He underscores the importance of consistency and iterative refinement in achieving sustained success. To make it easier for listeners to embark on their own midterm rental journey, Ruben generously offers a free resource available on ⁠experimentrealestate.com⁠. This resource serves as a comprehensive guide, equipping aspiring real estate professionals with the tools and knowledge needed to enter and thrive in the lucrative world of midterm rentals. By adopting the M.M.T.R.R.R. model, listeners can follow in Ruben's footsteps, creating their own success stories in the real estate industry. Ruben's partnership with Dr. Rachel Gainsburgh, featured in episode #181, further exemplifies the transformative power of this model, demonstrating how collaboration and shared expertise can lead to even greater achievements. As the episode concludes, Ruben encourages his audience to seize the opportunity to enter the booming midterm rental market, assuring them that with the M.M.T.R.R.R. model, success is within reach. Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment Hospitable Hosts book: https://amzn.to/3e4LEhE Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0

#mtr #insurance #profit #occupancy

In a recent episode of "The Real Estate Experiment," host Ruben Kanya delves into his reading of "10x is Easier Than 2x" by Dr. Benjamin Hardy and Dan Sullivan. The book explores the concept of achieving extraordinary results by aiming for a 10x improvement rather than settling for incremental gains. Ruben emphasizes the importance of applying this mindset to his personal endeavors and real estate goals within his own experimental framework.

During the episode, Ruben shares his key takeaways from the book and how they can be implemented to elevate his real estate endeavors. He highlights the notion that the path to achieving 10x results differs significantly from the approach taken for 2x growth. Ruben emphasizes that to attain such remarkable outcomes, it requires an entirely new level of thinking, planning, and execution.

Ruben goes on to discuss specific strategies and mindsets that can be applied to his real estate experiments. He explores the importance of setting audacious goals that stretch beyond conventional limits, pushing himself to think bigger and aim higher. Ruben realizes that by embracing the 10x mentality, he can redefine what is possible in his real estate ventures and surpass his previous limitations.

Moreover, Ruben reflects on the need for relentless focus and discipline to drive 10x results. He acknowledges that achieving extraordinary success demands unwavering commitment, continuous learning, and a willingness to embrace discomfort and uncertainty. Ruben commits to integrating these principles into his real estate experiments, recognizing that they are critical factors for accomplishing significant breakthroughs.

Throughout the episode, Ruben showcases his excitement and determination to apply the insights from "10x is Easier Than 2x" to his own real estate journey. He shares his plans to implement new strategies, collaborate with like-minded individuals, and challenge himself to explore uncharted territories. Ruben concludes the episode by encouraging his audience to adopt the 10x mindset, urging them to experiment, take risks, and pursue exponential growth in their respective endeavors.

With his newfound perspective, Ruben aspires to transform his real estate experiments into extraordinary achievements, embracing the principles of the 10x mindset as he pushes the boundaries of what is possible in his personal and professional life. Will you do the same?

Want to 10x your short term or mid term rental experiments with Ruben? Book a discovery call with Ruben: https://experimentrealestate.com/hospitable-hosts

Get MTR/STR Coaching from me here: ⁠https://experimentrealestate.com/hospitable-hosts⁠ Join our MTR Insurance Network Here: ⁠https://www.shorttermgems.com/MTRInsuranceNetwork⁠ Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment Hospitable Hosts book: https://amzn.to/3e4LEhE Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0

#shorttermrental #midtermrental #realestate

Welcome back to The Lab! In this episode, we have the pleasure of hosting Dr. Chau, a real estate investor, mentor, and a remarkable individual with an inspiring journey. Dr. Chau holds a doctorate in pharmacy and an MBA from the Roseman University of Health Sciences. As an immigrant driven by his determination to pursue education, he has ventured into various businesses, including restaurants, e-commerce, and real estate, all in pursuit of financial independence, time freedom, and the ability to care for his loved ones, especially his mother.

With over a decade of real estate investing experience, Dr. Chau has honed his skills under the mentorship of renowned realtors Tony Robbins and Dean Graziosi. In 2014, he embraced the potential of Airbnb by listing his properties on the platform, and in 2016, he delved into Airbnb arbitrage with a niche layer deeper by sepcializing in corporate rentals. Recognizing the lucrative nature of corporate housing, he transitioned into that space in 2017.

Dr. Chau’s business model is unique as he leases homes, furnishes them to corporations and collects the spread. From insurance companies to IT and construction firms, Dr. Chau has built deep relationships with these corproations providing high cashflow occupancy which has allowed him to scale quickly to replace his job as a pharmacist and then some, ultimately achieving financial freedom and time.

Currently he controls over 30 properties and three multi-family buildings, Dr. Chau has become a respected mentor, guiding aspiring students in the art of corporate housing arbitrage. He not only works with billionaires but also empowers his students to generate significant income for their clients while keeping sight of the bigger picture.

In this insightful episode, Dr. Chau delves into the crucial mindset needed to identify opportunities in the real estate landscape. He shares his expertise on the ever-evolving rental arbitrage space and sheds light on his experience in the corporate housing sector, including the asset classes that companies are actively seeking.

Join us as we gain valuable insights from Dr. Chau's remarkable journey and learn how to approach this real estate niche with a frame to give you the right mindset, adapt to changes in rental arbitrage, and seize opportunities in the thriving corporate housing market.

HIGHLIGHTS OF THE EPISODE:

36:13 Dr Chau talks about his F A S T method for analyzing deals

49:08 Dr Chau talks about what he learned from notable people and mentors in the industry

KEEPING IT REAL:

07:36 The mindset when looking at opportunities

09:20 Finding the right opportunity

12:06 Mistakes that can be avoided

13:53 Drastic changes in the rental arbitrage space

15:47 Relationship or inventory, which one comes first?

18:16 What the portfolio looks like

22:42 Asset class that IT and construction companies want

29:24 List building and book of business

34:26 Building a network

36:10 Blueprint for analyzing deals

39:26 Rent or buy the furniture?

41:43 Margins in the insurance space

43:54 Is real estate still a good vehicle?

46:42 What's next for Dr. Chau

49:07 Best advice from notable mentors

50:21 Connect with Dr Chau

NOTABLE QUOTE:

“Do we need to own any properties? No. We just need to control the property. You don't need to own anything, you just need to control everything.” - Dr. Chau

CONNECTING WITH THE GUEST

Website: https://www.beyondbnbsecrets.com/main-website-optin1669869033088

Linkedin: https://www.linkedin.com/in/drchaubnb/

Instagram: https://www.instagram.com/drchaubnb/?hl=en

Facebook: https://www.facebook.com/beyondbnbsecrets/

Get MTR/STR Coaching from me here: ⁠https://experimentrealestate.com/hospitable-hosts⁠

Join our MTR Insurance Network Here: ⁠https://www.shorttermgems.com/MTRInsuranceNetwork⁠

Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint

#MidtermRental #ShortTermRental #CorporateHousing #RentalArbitrage

Welcome to the lab featuring Jason Reece, an entrepreneur and short term rental investor who utilizes data to validate or disprove any given opportunity or trend. Before entering the short term rental market, Jason had a successful career in the medical device industry. However, after hitting a career plateau and feeling burnt out, he couldn't ignore his entrepreneurial itch any longer. After studying the Airbnb opportunity for five years, he purchased five properties in the booming Nashville market.

Through his innovative approach and the use of Artificial Intelligence and automation tools, Jason's short term rental business has quickly grown to around $500k in projected annual revenue. With these tools, he found a way to streamline his processes and was able to host an estimated 3,000 guests this year while only requiring one hour of active management per week.

Join us in this episode as Jason Reece shares his journey into the short term rental industry, his successful use of data and AI for streamlining operations, and his strategy for finding the right property. Tune in now and learn more about Jason's journey and how to leverage technology and AI in the short term rental industry! Let's Build!

HIGHLIGHTS OF THE EPISODE:

15:01 Jason talks about how STR can be a means to an end that will allow you to do other things

45:05 Jason talks about why he chose Airbnb

KEEPING IT REAL:

13:21 Short term rentals out of passion or as a vehicle

20:39 The road to the first property

26:07 Exit strategy

37:38 Why do the first STR deal

45:05 Chose Airbnb because

49:49 Criteria for finding the right property

58:26 The play

01:00:37 The key takeaway

01:04:04 What's exciting in and out of real estate

01:10:21 AI and tech interests

01:19:41 Projecting out into the universe

01:24:37 Connect with Jason

NOTABLE QUOTE:

“Don't ever buy anything without running the numbers. I did not realize that so many people don't run the numbers and don't make informed decisions.” - Jason Reece

CONNECTING WITH THE GUEST

Instagram: https://www.instagram.com/jwreece/?hl=en

Tiktok: https://www.tiktok.com/@jwreece

Get MTR/STR Coaching from me here: ⁠https://experimentrealestate.com/hospitable-hosts⁠

Join our MTR Insurance Network Here: ⁠https://www.shorttermgems.com/MTRInsuranceNetwork⁠

Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Hospitable Hosts book: https://amzn.to/3e4LEhE

Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0

#ShortTermRentals #Entrepreneurship #DataDriven #AIinHospitality

In this episode of The Real Estate Experiment show, host Ruben Kanya shares valuable inside information that he acquired at the Midterm Rental Summit held in San Diego. The summit, organized by Jesse Vasquez, brought together several leaders in the midterm rental industry, providing a wealth of knowledge and expertise.

Ruben begins by discussing the insights shared by Furnished Finder CEO, Brian Payne. Brian's data sheds light on the supply and demand dynamics associated with midterm rentals nationwide. This information is crucial for anyone looking to venture into the midterm rental market. Understanding the current state of supply and demand can help operators make informed decisions and maximize their rental potential.

Additionally, Ruben delves into the importance of fostering deep relationships with relocation specialists, particularly in the insurance sub-niche of midterm rentals. He emphasizes that his own team at Invested Escapes is focusing on this specific area. By collaborating with relocation specialists, operators can tap into a specialized market and provide tailored solutions to insurance professionals and their clients. Ruben underscores the value of these relationships in expanding the reach and profitability of midterm rentals.

Throughout the episode, Ruben shares the key takeaways he gathered from the Midterm Rental Summit, which took place just two weeks ago. His aim is to provide listeners with valuable insights that can significantly reduce the time and effort required to transition from short-term rentals to the untapped space of midterm rentals.

Whether you are an experienced short-term rental operator or someone looking to enter the industry, this episode promises to deliver actionable information that can accelerate your success in the midterm rental market. Get MTR/STR Coaching from me here: https://experimentrealestate.com/hospitable-hosts Join our MTR Insurance Network Here: https://www.shorttermgems.com/MTRInsuranceNetwork Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment Hospitable Hosts book: https://amzn.to/3e4LEhE Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0 #midtermrentals #midtermrentalsummit #realestate

Fouad Bazzi is the Founder and CEO of Crescent Retreats, a Luxury Short Term Rental Brand.

Prior to that, he was a Corporate Banker for 21 years, with the last nine years of that leading a consulting group for Community Banks. Having been a Short Term Rental guest dozens of times, Fouad combined his passion of Entrepreneurship, Real Estate Investing and Travel to launch his company in 2021. Fouad’s Mission is to promote Health, Peace, Love and Travel, and he ensures that all Crescent Retreats have an element of each of these four values.

Fouad is passionate about helping others take control of their own time by way of investing in real estate. He does so through Real Estate partnerships and a mentorship program. He is also a member of three high level Masterminds and is launching his own Mastermind in Detroit to help his community leverage his learnings.

In this episode, we sit down with Fouad as he shares his insights on what luxury means in the short term rental space and how he incorporated the core values of Health, Peace, Love, and Travel to make his luxury brand more personal and cater to the many different ways luxury means to different people. He also discusses the changes he underwent to get into luxury short term rentals and what to expect when entering this space. Lastly he treats us to what's next for Crescent Retreats and the exciting developments on the horizon. Tune in now and Let's Build!

Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint

HIGHLIGHTS OF THE EPISODE:

13:12 Fouad talks about taking advantage of the research and development done by other thriving businesses

17:12 Fouad talks about how everybody wins in the real estate industry

KEEPING IT REAL:

05:27 Health Peace Love and Travel as core values

08:46 The shift needed to build a luxury brand

11:10 What luxury means

14:54 Designing health peace love and travel

16:38 Core competency that was carried over to the short term

rental industry

20:41 Strategy when raising capital and assets in focus

27:29 Key indicators of market appreciation

37:03 What to expect when getting in the luxury space

39:53 Let's talk about revenue

41:12 Exit or refinance

43:03 What to look for in partners

48:14 The best way to structure LLCs

49:58 What is next for Crescent Retreats?

53:21 How to connect with Fouad

NOTABLE QUOTE (KEY LESSONS):

“When you're in the luxury space, we don't have to figure anything out. There's a Four Seasons or a Ritz Carlton close by. There has to be. So Google it. Figure out how they furnish the local one.” - Fouad Bazzi

CONNECTING WITH THE GUEST

Instagram: https://www.instagram.com/crescentretreats/

Facebook: https://www.facebook.com/crescentretreats/

Linkedin: https://www.linkedin.com/in/fouad-bazzi-4415973/

Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment Hospitable Hosts book: https://amzn.to/3e4LEhE Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0

#shorttermrentals #luxury #FiveStarExperience #corevalues

In the latest episode of The Real Estate Experiment Show, host Ruben Kanya discusses the importance of focusing on proofs of concepts in not just the real estate industry but in overall business. He explains that proofs of concepts can come in two forms: brand new insights we've never heard before or reinforcements of beliefs we already know we need to execute. According to Ruben, experimenting is not about reinventing the wheel or seeking shortcuts, but rather about applying key fundamental principles that have already been successfully executed by those who came before us. He encourages individuals to add their own unique perspective to the table when experimenting built on the foundations of proofs of concepts. Ruben also emphasizes that one's uniqueness as an individual can lead to a successful experiments build on sound proofs of concepts. Overall, this episode provides valuable insights for individuals looking to experiment proven concepts in their respective real estate labs.

Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment Hospitable Hosts book: https://amzn.to/3e4LEhE Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0

#realestate #proofofconcept #realestateexperiment

In this episode of The Real Estate Experiment, host Ruben Kanya dives into the importance of building a brand and becoming the key person of influence in your industry, whether it be as a realtor, flipper, short-term/midterm rentals operator and/or multifamily investor. Ruben emphasizes that constantly reminding people in your network what you do and strategically networking with thought leaders in the space are crucial components of building your brand. By attending conferences, participating in podcasts, and sharing your experiences, you can demonstrate your dedication and commitment to your industry. Ruben also stresses the importance of giving your audience a direct call to action to let them know how they can work with you or partner with you. Building a brand as the key person of influence is critical for success and fast growth in the real estate industry. Don't take it lightly!

Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment Hospitable Hosts book: https://amzn.to/3e4LEhE Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0

#influence #keyperson #branding #realestate

Mercedes Sanchez is a highly successful entrepreneur who founded MBX Homes, a unique STR Co-Hosting / Management Company that provides exceptional vacation rental experiences for clients and guests.

With a career that began in the food and beverage department at Four Seasons, she worked her way up the ladder until she was unfortunately let go due to the pandemic. Despite this setback, Mercedes was not deterred. In the same week, she started managing apartment units for her uncle which she converted to Airbnbs.

Today she manages 38 properties and leverages her expertise in short-term rentals to innovate and grow her company. Not only does she specialize in Airbnb Rentals, they also promote their homes for productions and film opportunities on billing per hour rate. Drawing from her experience in high-end hospitality at Four Seasons, she sets up effective systems and solves problems in the industry. In our conversation with her, Mercedes shares her insights on the transition from Four Seasons to co-hosting, building partnerships, nurturing relationships, and implementing effective systems to achieve success in the highly competitive vacation rental industry. Don't miss out on our conversation with Mercedes. If you’d like to hear how you can strategically implement true and tested strategies from the highest end operators in the industry and how it can be implemented in your own co-hosting business — Mercedes is more qualified then anyone to share the insights. Tap in!

HIGHLIGHTS OF THE EPISODE:

11:36 Mercedes talks about making your brand stand out from the competition

34:22 Mercedes talks about seeking help and partnerships

KEEPING IT REAL:

09:05 Insight about hospitality

11:36 What separates the brand from the pack

12:49 Beginnings in food and beverage

16:06 Gaps in the hospitality industry

17:20 Transition from high end hospitality to Airbnb

19:23 MBX homes and what it stands for

23:30 Putting in the work

30:40 The insight that said Airbnb is a good idea

33:09 Taking action and partnerships

36:28 Mercedes' Airbnb model

41:58 Offering different services

45:23 Building relationships

51:32 This MBX Home 'thing'

54:27 Time for building systems

01:03:04 What's next for MBX

01:09:32 Building relationships with production companies

01:11:36 Getting ahold of Mercedes

NOTABLE QUOTE (KEY LESSONS):

“You have to find partners to better your business and better you. And it could be as simple like hiring, even if you have one or two Airbnbs, a partner could be like a great cleaning crew. It does not have to be like a financial partner. It does not have to be like a company like you.” - Mercedes Sanchez

CONNECTING WITH THE GUEST

Website: https://mbxhomes.com/

Instagram: https://www.instagram.com/mbxhomes/

Tiktok: https://www.tiktok.com/@mbxhomes

Youtube: https://www.youtube.com/channel/UCQOrBWTaLoUH5xeA6EGuAXw

Facebook: https://www.facebook.com/MBXHOMES

Linkedin: https://www.linkedin.com/in/mercedes-sanchez-3b8a2464

Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment Hospitable Hosts book: https://amzn.to/3e4LEhE Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0

#shortermrentals #partnerships #Airbnb #hospitality #cohosting

Buckle down Experiment Nation, because we’ve got a treat of an episode for you. Today, we have the one and only Shawn Moore, Founder and CEO of Vodyssey, THE NUMBER ONE vacation rental investing education company in the world. Shawn and his team are dedicated to helping individuals achieve a lifestyle of financial freedom by providing resources and guidance that gets you to the top!

But here’s the kicker - Shawn didn’t start out on top. In fact, he lost everything at one point during 2008, and made an even worse decision before that, selling ALL his 52 single family rental properties. But he bounced back stronger than ever by niching down to short-term rentals, and elevating that further into the global investing education that he has today.

After 22 years in the game, Shawn has been through it all, and he is clearly qualified to talk about the pitfalls, challenges, and the tactics to make it in the real estate investing world. We got into the nitty-gritty of what separates successful people, and how building your self-identity is key to achieving your goals. And that’s just the tip of it, we also dive deep into how his programs educate other investors into really getting started, and narrowing down your goals into a laser-focus precision.

If you believe that vacation rentals are a great vehicle towards financial freedom, this episode with Shawn is the validation (and game plan) you’ve been looking for. Settle in, and get ready to learn from a true practitioner. Watch and listen to Shawn spill all the vacation rental investing knowledge you could ever want, while wearing the coolest cowboy hat to boot. Saddle up and let’s build!

HIGHLIGHTS OF THE EPISODE:

30:18 How to really build wealth

14:52 What separates successful people

KEEPING IT REAL:

2:49 What does Shawn do?

4:07 You're not an investor unless

8:57 From losing it all in 2008 to STR niche

13:10 Marker

14:52 What separates successful people

18:56 If there's something you don't want to do

21:04 Ad

26:54 Building your self-identity

28:24 Do people know how to build wealth

30:18 How to really build wealth

33:25 What is Vodyssey's blueprint

37:19 Leveraging third-party asset management

39:17 Economies of scale with management

42:06 The more clear you are on your goals

45:37 What's next for Vodyssey

47:47 What an owner needs to understand

NOTABLE QUOTE (KEY LESSONS):

“You’re not an investor if you don’t actually own investments.” – Shawn Moore

CONNECT WITH THE GUEST

Website: https://www.lifestyleassetuniversity.com/

Facebook: https://www.facebook.com/vodysseyofficial/

Linkedin: https://www.linkedin.com/in/shawn-moore-393454173

Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment Hospitable Hosts book: https://amzn.to/3e4LEhE Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0

#vacationrentalinvesting #airbnbinvesting #shorttermrentals #financialfreedom #propertyinvesting

2,000 nights as a guest, six continents, and over a hundred cities, Daniel has been living permanently in Airbnbs for the last seven years. He couldn’t have introduced himself any better but that isn’t even the most interesting part about today’s episode. Like we always say, we love true practitioners here in the lab, and none more verified than Daniel, who’s journey took him from wanting to be the best accountant to building his own consulting firm.

Daniel Rusteen began his CPA Accounting career at Airbnb but it didn’t feel right because to Daniel, if you can’t be the best, then you’re on the wrong path. Airbnb, before its popularity, encouraged their employees to host. Around this time, Daniel had already been hired and fired by Airbnb, and was now at the cusp of being rehired again in a different department. That was when Daniel took on Airbnbs referral program and performed incredibly. It was obvious he could pull it off without working as an employee, so he ditched the CPA life in exchange for the unknown and it paid off! And that isn’t even the most interesting part of this episode!

Daniel breaks it down with us, about how you can optimize your Airbnb, how to look for profitable properties using ‘soft stats’, what makes people stuck, how to get unstuck, and his experience during his time working at Airbnb. A collection of invaluable expertise built through years of experience, that you can only find with guests here at the lab. This episode is a peek into the mind of an expert who’s worked with Airbnb, stays at Airbnbs, and now writes and consults about Airbnb management. It can’t get any better than that.

Oh but it can, because listeners can get an exclusive discount when you purchase his book here https://www.amazon.com/dp/B0BZBS4C4F. Use code LABVERIFIED23 to get your 50% discount. This will only be available for three months, so get yours now and let’s build!

GUEST SUMMARY

Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint

HIGHLIGHTS OF THE EPISODE:

22:48 How to get unstuck

42:57 There is no go-to thing; just ‘one in a hundred’

KEEPING IT REAL:

03:04 Daniel’s Airbnb story

09:38 Hosting in San Francisco before Airbnb got famous

12:16 Airbnb wanted their employees to host

14:08 Getting fired from Airbnb

17:52 Airbnb hired me back

20:51 Ditching CPA life Airbnb property management

22:48 How to get unstuck

25:15 Going into the unknown

32:03 You don't have to have a hundred properties

37:48 What makes a property profitable

42:57 Optimizing Your Airbnb

49:35 What you should include in your title

51:25 Rapid fire questions

54:12 Giving an extra star for reviews

56:36 The item that is missing the most

58:28 What is next for Daniel

59:41 What is a minimalist travel

1:10:17 Closing

NOTABLE QUOTE (KEY LESSONS):

“You don’t have to have a hundred properties to be a successful Airbnb short-term rental host.” – Daniel Rusteen

CONNECTING WITH THE GUEST

Youtube: https://www.youtube.com/c/OptimizeMyAirbnb

Instagram: https://www.instagram.com/optimizemyairbnb/

Twitter: https://twitter.com/Optimizeairbnb

Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment Hospitable Hosts book: https://amzn.to/3e4LEhE Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0 SUBSCRIBE TO OUR CHANNEL FOR MORE INSIGHTFUL CONTENT: https://www.youtube.com/channel/UCS9oPb6VQiE4gzofIP03exQ FOLLOW ME ON: Instagram: https://www.instagram.com/therealestateexperiment/ Facebook: https://web.facebook.com/therealestateexperiment/?_rdc=1&_rdr LinkedIn: https://www.linkedin.com/company/the-real-estate-experiment-network

#propertymanagement #minimalist #shorttermrental #airbnb #optimizeyourairbnb

This week we took the lab on wheels in Nashville and recorded a live podcast in Nashville TN @Themaddox a.k.a The Creator house to recap some of our collective thoughts post- Short Term Rental Wealth conference hosted by Bill Faeth & Michael Sjogren The session included some thoughts from leaders in our industry: @boostlyuk - the one and only Mark Simpson a.k.a the guy Airbnb doesn't want you to know about, founder of Boostly and mastermind for putting this creator's house together. Helping short-term rental owners get more direct bookings, more of their “should-be” guests, and more time back with their own vacation rental website. @WilSlickers - the MC of the STR Wealth Conference event and founder of Hospitality.FM Hospitality.FM is a podcast network dedicated to bringing the best hospitality-focused podcasts to those in and around the industry. @Nataliepalmer - Co-host in STRs and the Co-host of Level Up Your Listing Summitt, A three-day event designed specifically for female rental entrepreneurs and Airbnb hosts. @TheRealEstateHacker - Brian Hatcher a.k.a the Brain is a developer with a specialty in tiny homes and the founder of Elite Escapes, a short term rental travel company of 300+ properties available around the globe. Brian is a serial entrepreneur & investor with a background in accounting, finance, & data consulting. @TheRealEstateExperiment - your host Ruben Kanya and founder of InvestedEscapes.com a B2B furnished accommodation provider for corporations with a speciality in servicing insurance policy holders. Ruben is also the founder of InvestedTalent.com a podcast production and content repurposing agency for real estate investors. This episode is brought to you by InvestedTalent.com KEEPING IT REAL: 01:18 The gang at the Creator House 02:53 Protected assets 03:48 Imposter syndrome 05:45 Engaging and reading the audience 07:35 Mindset: #Dothedishes09:23 Creating a plan 09:54 Entrepreneurs creating jobs 13:55 How Mark runs his operations 15:42 Wil’s brain dumping 16:39 Trust but verify 18:17 Natalie’s calendar 19:45 Brian's accountability calls 20:43 Ruben's notes and looms 25:50 More recap and takeaways 31:38 Implementing your learnings 33:00 Be proactive, not reactive 34:25 Tracking KPIs 36:13 Daily, weekly, monthly goals 37:00 37 touch points 38:39 The Real Estate Robinsons 40:52 Systems and people 41:55 Leveraging your W2 44:52 Thank you! NOTABLE QUOTE (KEY LESSONS): 04:12 “Seeing the wide perspective of all the stories and all the speakers just shows how many different ways there are to do this. There is no starting point.” – Natalie Palmer Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment Hospitable Hosts book: https://amzn.to/3e4LEhE Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0 You can check out more of our content here: https://bit.ly/3h40ykk SUBSCRIBE TO OUR CHANNEL FOR MORE INSIGHTFUL CONTENT: https://www.youtube.com/channel/UCS9oPb6VQiE4gzofIP03exQ FOLLOW ME ON: Instagram: https://www.instagram.com/therealestateexperiment/ Facebook: https://web.facebook.com/therealestateexperiment/?_rdc=1&_rdr LinkedIn: https://www.linkedin.com/company/the-real-estate-experiment-network Linktree: https://linktr.ee/therealestateexperiment WORK WITH ME: Book a call to work with me and my team: https://calendly.com/rubenkanya/discovery-call Website: https://experimentrealestate.com/ Thanks for Watching! There’s only one thing left to do, Let’s build!

#STRWealthConference #realestatetrends #FinancialNetworking #IndustryInsights #ProfessionalDevelopment

In this episode, Ruben discusses the power of investing in oneself and networking to succeed in the real estate industry.

Ruben highlights the importance of attending conferences such as the STR Wealth Conference to meet like-minded individuals who can provide valuable insights and support on your journey. He explains that networking is not just about collecting business cards, but rather about building genuine relationships that can help you grow both personally and professionally.

Throughout the episode, Ruben shares tips and strategies on how to network effectively, emphasizing the importance of being authentic, listening actively, and following up with people after the initial connection has been made.

The Real Estate Experiment is a must-watch for anyone looking to learn more about real estate investing and how to build a strong network of like-minded individuals to support them along the way. 

Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Hospitable Hosts book: https://amzn.to/3e4LEhE

#networking #selfdevelopment #realestate

Rich Somers is an active real estate investor and entrepreneur holding a portfolio of real estate valued in excess of $50 Million. Rich hosts a real estate and business podcast, “The Rich Somers Report”, where he interviews top real estate investors, entrepreneurs, and athletes from all over the world. Today, we have him in the lab to ourselves!

A true practitioner, Rich is the CEO and founder of two real estate businesses: Somers Capital and FortuneCribs. Somers Capital is a vertically integrated boutique hotel investment firm, composed of industry-leading executives, while FortuneCribs is a technology & data-driven real estate investment & management firm.

With an in-house property management company and a direct booking platform under his belt, Rich and his firm are able to perform at levels superior to competitors. In this ‘rich’ episode, Somers dives into the world of scaling from short term rentals (single families) to boutique hotels with a unique background having started his portfolio in multifamily. Rob is able to share valuable insights on the differences between underwriting hotels vs. multifamily apartments, including value-add strategies and tech stack implementation to master significant returns for investors.

This episode is an absolute must-watch for short term rental operators looking to level up in a niched opportunity within the short-term rentals/commercial real estate industry. Learn from Rich's rich experience.Tune in now and Let's Build!

HIGHLIGHTS OF THE EPISODE:

07:31Rich talks about scaling STRs and getting into boutique hotels

17:33Rich talks about how underwriters value hotel and multifamily

KEEPING IT REAL:

01:50Context on what Rich does

04:21Social media or first deal, what came first?

07:36Deciding to go bigger

09:43What changed in the multifamily landscape

11:37Can multi family operators run a hybrid?

13:54Do lenders see hybrids as unstable

17:31Underwriting for hotels and multifamily

22:57Rich's Airbnb experience

26:08No money down program

28:20Scaling to boutique hotels

29:43Expenses and money makers in boutique hotels

31:14Value adding for boutique hotels
32:43Returns from Mulifamily vs boutique hotels

34:53What's next for Rich Somers

37:37Advice for anyone who's interested in boutique hotels

39:15Loan products for a hotel

43:14Where to connect with Rich

CONNECTING WITH THE GUEST

Website:  https://somerscapital.com/

Instagram: https://www.instagram.com/rich_somers/?hl=en

Linktree: https://linktr.ee/richsomers

Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Hospitable Hosts book: https://amzn.to/3e4LEhE

#shortermrentals #boutiquehotels #Airbnb #scaling #multifamily

In this episode of "The Real Estate Experiment" podcast, host Ruben Kanya talks about the importance of overcoming self-sabotage to achieve your goals. He stresses the need to remove limiting beliefs and barriers that prevent you from taking action towards your goals. Ruben encourages listeners to ignore the little voice in their head that puts doubt in their heart and instead take action, which will create momentum to move forward.

Ruben also highlights the fact that we often put barriers in front of ourselves before the world does, which can hinder our progress towards achieving our goals. He believes that by recognizing and overcoming these barriers, we can achieve success in any field, including real estate investing.
Throughout the episode, Ruben shares his personal experiences of overcoming self-sabotage and limiting beliefs in his own real estate investing journey. He emphasizes the importance of taking action and not allowing fear and doubt to hold you back.

Ruben concludes the episode by reminding listeners that they are the only ones with the power to let themselves down, and they should not be the ones to do so. He encourages listeners to take action towards their goals, no matter how small, and build momentum from there to stay on track and achieve success.

Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Hospitable Hosts book: https://amzn.to/3e4LEhE

#selfsabotage #barriers #goals 

Amanda Han is a highly accomplished tax strategist and real estate investor, known for her expertise in working with real estate investors to develop tax-saving strategies. With over a decade of experience in the industry, including time with one of the Big Four accounting firms (Deloitte), Amanda brings a unique blend of financial expertise and real-world investing knowledge to her work. She co-founded Keystone CPA with her husband and immediately saw the need for real estate investors and tax savings, so they bridged that gap.

Today, Amanda has helped countless real estate investors navigate the complex world of tax laws and develop strategies to minimize their tax liabilities and maximize their profits.

Amanda's impressive portfolio includes a range of long-term rental properties and real estate syndications (catch that at the end of the episode). She is the co-author of several books related to real estate investing and tax strategies, including "The Book on Tax Strategies for the Savvy Real Estate Investor" and "The Book on Advanced Tax Strategies." Her work has been featured in Forbes, CNBC, and Fox Business, among other media outlets.

Amanda's deep knowledge of tax laws, combined with her practical experience as a real estate investor, make her an invaluable resource for anyone looking to maximize their investment in real estate. Her expertise helps entrepreneurs discover income they didn’t realize was possible with tax savings. Amanda is a true trailblazer, a true expert, and just as passionate as we all are here in the lab. If you're looking to learn from one of the best in the business, Amanda Han is the perfect guide. Let’s build!

HIGHLIGHTS OF THE EPISODE:

07:03Amanda talks about translating her big firm CPA experience to regular investors
34:17Amanda talks about how real estate couples can gain extra household income by quitting their jobs?!

KEEPING IT REAL:

03:15What does Amand do?

04:50Niching down to real estate

07:03CPA for regular investors

09:58What hold people back from real estate investing

12:20What investors aren’t doing

15:13What investors should be tracking now

19:19Thoughts on building credit

25:15Reps tracker and other tools

26:57Three main tax reduction hurdles

29:28How often do people get audited

32:29Tax strategy case studies

34:17Extra household income
37:13Tax strategy is not sexy but it changes lives

38:35What’s next for Amanda Han

40:08Passive investments in syndication

41:15Where to connect with Amanda

CONNECTING WITH THE GUEST

Website:  https://www.keystonecpa.com/

Instagram: https://www.instagram.com/amanda_han_cpa/

Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Hospitable Hosts book: https://amzn.to/3e4LEhE

#taxstrategy #realestateinvesting #taxsavings #CPA #taxdeductions

In this episode, your co-host Ruben Kanya of the MTR vs. STR  Smackdown summit recap the event that occured last week featuring some of Experiment Nation's top podcast guests on a panel of top leaders in the short term rental industry who discuss the benefits of a new mid-term rental model that is gaining popularity. This new model is becoming increasingly attractive to investors who own furnished accommodations and are looking for ways to increase their revenue, occupancy, and cash flow.

The panelists include seasoned investors, property managers, and industry experts who have successfully implemented this mid-term rental model in their businesses. They share their experiences, insights, and strategies for how to make this model work for investors of all sizes.

The discussion covers topics such as the ideal length of stay for mid-term rentals, pricing strategies, marketing tactics, and how to manage guest turnover effectively. The panelists also explore the benefits of using technology to streamline the booking process, automate routine tasks, and manage properties remotely.

You can expect to come away with a deeper understanding of this mid-term rental model and how it can help them achieve their financial goals in the short term rental industry. You will also gain insights into the current trends and challenges facing the industry and learn about the innovative solutions that are emerging.

Overall, this podcast episode provides a recap of valuable insights and practical advice for investors who are interested in exploring the mid-term rental model and staying ahead of the competition in the dynamic short term rental industry.

If you haven't already tuned into the Panelist's episode on The Real Estate Experiment Podcast, make sure you do, they are masterclasses of their own:

Why Luxury Rentals are Short Term Rental Gems with Rachel Gainsbrugh Episode #181

Normalizing the “30-day Stay” in your Short Term Rental Business with Zeona McIntyre - Episode #215

Mid-Term Rental B2B Solution: Nursing Contracts & Insurance Policyholders w/ Jesse Vasquez - Ep #208

Furnished Accommodations Across Multiple B2B Verticals with Noble Crawford - Episode #206

Building A Lifestyle That Gives You Freedom through Mid-Term Rentals with Sarah Weaver - Episode #219

MTR vs STR Smackdown Summit: https://www.shorttermgems.com/offers/rzYiQTGM/checkout

Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Hospitable Hosts book: https://amzn.to/3e4LEhE

Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0

#MTR #STR #smackdown

We have a true legend in the lab today! Jasper Ribbers, the founder of Legends X and the mastermind behind the well-renowned podcast "Get Paid for Your Pad," says that the future of short term rental space is branding. With over a decade of experience in the short term rental industry, Ribbers did not hold back with his insights on current trends and the future of vacation rentals.

As the creator of Get Paid for Your Pad, Ribbers has helped shape the industry by providing actionable tips and advice for individuals looking to enter the short term rental market. Through Legends X, he has continued to inspire entrepreneurs to build successful and impactful brands in the hospitality industry. That's because Jasper KNOWS his branding, from his brilliant podcast name, to the new "Free Wild" retreats, to the only kind of "Overnight Success" we believe in. (https://overnightsuccess.io/)

On the episode, Ribbers discussed the impact of technology and tools, the importance of having a clear brand vision, and the future of the STR industry. He also shared his thoughts on how hosts can differentiate themselves in a crowded market and maximize their profits.

If you've always believed that branding in the short term rental industry is a true game changer, this episode is a must listen and Jasper Ribbers is your validation, a titan in the industry with an experiment that became legendary. Let's build!

HIGHLIGHTS OF THE EPISODE:

27:58Diya breaks down what it takes to jump into commercial multi-unit rentals
36:23What high level hotelier analysis looks like

KEEPING IT REAL:

06:12What does Jasper Ribbers do

09:45Mindset of traveling

11:32When to rinse and repeat

13:32Using tools and technology

16:47How to quickly evolve in STR

20:34Building an independent brand

23:19Buying properties overseas

27:55About Legends X mastermind

32:16Week-by-week programs

39:04Attention span and unique experiences
43:14What is next for the STR industry

49:53Overnight success brands

51:28What’s next for Jasper Ribbers

54:38Legends X and Free Wyld

NOTABLE QUOTE:

17:48“To be successful in the future of the short term rental space, we’ve got to have a real vision for the brand that we wanna build.”  – Jasper Ribbers

CONNECTING WITH THE GUEST

Website:  https://getpaidforyourpad.com/
Youtube: https://www.youtube.com/c/GetPaidForYourPad

Overnight Success: https://www.overnightsuccess.io/

Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Hospitable Hosts book: https://amzn.to/3e4LEhE

 #shorttermrental #vacationrental #hospitalityindustry #branding #entrepreneurship

Diya Lui is a highly accomplished Harvard-educated lawyer who has made a name for herself in the hotel industry. With years of legal experience, Diya brings a unique combination of legal and technical expertise to the field, allowing her to analyze hotel deals with a level of detail and insight unmatched by others. Her background, which includes engineering, has given her a unique perspective on the business and the ability to identify hidden opportunities, particularly behind old run-down hotel operations. She saw that the industry severely lacked an expert operator with digital marketing and operations savvy, and Diya jumped at that chance right away.

With a portfolio that includes a dozen short term rentals and three hotels, totaling 90 units, Diya has demonstrated her ability to identify and secure lucrative investment opportunities. Diya’s experience is diverse and deep, from short term rentals analysis to full-service hotels, where she specialized in improving old mom and pop operations to modern hotels with impressive margins. Most recently, Diya has added another impressive property to her portfolio, with a 76-unit hotel under contract. She just keeps going!

Diya has built herself a lifestyle of traveling while analyzing hotel deals. Today, she shares her vast knowledge in the hotelier industry, with a level of high analytics and experience that has never been available before. Diya believes that her mastermind will open the opportunity for entrepreneurs to break into the hotel industry without a fancy degree or being born into a luxury hotelier family. She’s exactly the kind of trail-blazing, data-driven practitioner that we love having here in the lab. Experiment Nation, you’re in for a treat! You’ve never seen or heard hotelier and short term rental analysis like this before. Let’s build.

HIGHLIGHTS OF THE EPISODE:

27:58Diya breaks down what it takes to jump into commercial multi-unit rentals
36:23What high level hotelier analysis looks like

KEEPING IT REAL:

05:43Diya’s elevator pitch

07:41Analyzing deals and stay-in preference

12:32From lawyering to real estate

17:14Diya’s hotelier zone of genius

22:03How Diya got into STR space

24:05Is STR uptrending right now?

26:41Diya’s property portfolio

27:58Making the jump to multi-unit rentals

33:41Hotel loans and licenses

39:00Hotel loan vs Asset-based commercial loan
41:56Breaking into the hotel niche

43:46Hotel franchising mastermind

47:17Multi-family vs Hotels

49:28Profit margins when improving hotel operations

54:25$650k to $1.2M in under a year

01:01:09Exit vs acquisition

01:07:07Diya’s BIG vision
01:09:42Where to find Diya

NOTABLE QUOTE:

46:04“You have to have worked your way up or you’re born into being a hotelier which is why I am trying to revolutionize this industry.  – Diya Lui

CONNECTING WITH THE GUEST

Website:  https://diyaliu.com/

Instagram: https://www.instagram.com/diyaesq/

Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint

#str #hospitality #fullservicehotel

Sarah Weaver is a multi-faceted professional known for her expertise in coaching, public speaking, real estate investing, and writing. She is the author of the bestselling book "30 Day Stay" published by Biggerpockets Publishing, which shares her insights on how to succeed in real estate investing. With her extensive experience in the industry, Sarah has become a sought-after speaker, delivering inspiring and informative presentations to audiences around the world. She is also a highly-regarded coach, helping individuals & agents reach their full potential and achieve their goals.

For Sarah, it all started with knowing exactly the kind of life she wants, and that was a lifestyle of traveling the globe. Once Sarah committed fully into real estate investing, she managed to achieve tremendous success in a short period of time. In just 90 days, she grew her portfolio from 3 to 15 units across four states, showcasing her exceptional skills in acquiring and managing properties. She is particularly skilled in utilizing a combination of short-term and medium-term rental strategies to maximize her returns, including self-managing nine furnished rentals.

In this episode, Sarah shares how she utilized the Medium-Term Rental Strategy to achieve financial freedom. By carefully selecting properties and managing them effectively, she has been able to generate significant returns and build a successful real estate portfolio. With her dedication and expertise, Sarah has proven that the Medium-Term Rental Strategy can be a powerful tool for achieving financial independence. Her story is an inspiration to anyone seeking to build wealth through real estate investment. Experiment Nation, if you’re looking to attain financial freedom in a short amount of time, you don’t want to miss this episode.

HIGHLIGHTS OF THE EPISODE:

38:25What is midterm rental and why

43:33The epicness behind Invested Adventures

KEEPING IT REAL:

06:13Sarah’s entrepreneur family

07:39What started first for Sarah

10:28Being an agent

12:28Sarah’s journey into real estate

15:58Midterm rentals with travel lifestyle

23:01Understanding the rules behind mortgages

26:22Getting stuck during the pandemic

28:35How do you make decisions

36:54How to think about Midterm rentals

38:25What is midterm rental and why

39:35Getting midterm stay guests to extend

43:33What’s next for Sarah and Invested Adventures
47:43Advice from Sarah

NOTABLE QUOTE:

“You are never gonna feel ready, so just jump..” – Sarah Weaver

CONNECT WITH THE GUEST

Website:  https://www.sarahdweaver.com/trips

LinkedIn: https://www.linkedin.com/in/sarahdweaver/

Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Hospitable Hosts book: https://amzn.to/3e4LEhE

#investedadventures #travellifestyle #midtermrental #airbnb #furnishfinder #luxurytravel #epicadventures #safaritours

Minoan is at the frontier of a new shopping experience they call “Native Retail.” At the forefront of this retail concept is founder Marc Hostovsky who leads an incredible team that is pushing the boundaries and shaping the future of what the retail experience will look like.

We are more likely to purchase a product that we have experienced “in the wild” ourselves from sleeping on a good pillow, linen, mattress, to riding a Peloton bike. Marc and his team believes that these moments in retail are a powerful driver for customers to purchase and they’ve successfully built a market around these experiences.

Short term & vacation rentals are the perfect space for the customer to experience branded products that have both functionality & enhanced their user experience. Minoan and Marc have simplified this experience with a simple shoppable system that allows you to order anything seamlessly by scanning a code. This means additional profits for the host, and a step closer to changing the perspective of how retail should view hosts as marketing partners. Hosts not only provide the space but allow for these rich, sensory retail moments that can only be duplicated in the short term rental industry.

Marc uncovers every facet of this retail innovation at Minoan and its potentials from the B2B market, their future marketing goals, native retail moments, to their core values & business principles. Marc and the team at Minoan are introducing the idea of hosts as “four-walled influencers” for brands, while Minoan provides a curated experience that bridges together the hosts and brands into the makings of the future of digital retail not just in real estate but for shopping all over. It’s an incredibly riveting and informative episode, exactly the type of data-driven, revolutionizing innovations that defines our love for experiments here in the lab.

HIGHLIGHTS OF THE EPISODE:

25:48Madison started her company when she was 12

45:36The story behind Mount’s name and logo

KEEPING IT REAL:

05:10E-commerce for short term rentals

07:26Four-walled influencers

13:04Getting started with Minoan

14:50The B2B Market

19:21Top items being sold

21:42Native retail

27:13Future marketing goals

30:26Minoans front end simplicity

30:02Focus on the team

34:48Once true in business but no longer

37:40Seed round funding

40:17Raising VC money with Excel
43:29Billions of body bags
45:37Retail moments in short term rentals

49:41Minoan user experience

52:45Curating the best products for each space

54:58The value of consumer data

58:27https://www.minoanexperience.com/

CONNECT WITH THE GUEST

Website: https://www.minoanexperience.com/

LinkedIn:https://www.linkedin.com/company/minoan

Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint 

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Hospitable Hosts book: https://amzn.to/3e4LEhE

#nativeretail #ecommerce #shorttermrental #airbnb

Madison is a startup genius, born and raised in a family of entrepreneurs and a third to triplets. So already this is going to be three times more interesting because of her background on tech startups and how she’s transitioned that experience into the short term rental industry, as the founder of Mount. A company she essentially started when she was only 12 years old. At just 25 years old today she is the CEO of a company that is revolutionizing the way we look at our amenities as income producing opportunities in your short term rentals.

Madison runs a successful model that opens up additional revenue for hosts by including additional rental amenities that would have otherwise been overlooked. These are anything from propane tanks, to firewood, to surfboards, to their most popular (by far) electric bikes. That last amenity, in a way, is where Madison’s path to the real estate industry began because she also created a startup renting out scooters.

From Madison’s grandfather, who built businesses in the 1950s, to her grandma’s cooking school, her aunts and uncles’ purse company, to even now her cousin’s restaurants, it’s clear to see that entrepreneurship runs in their blood. Evident in Madison creating her own bike lock when she was twelve years old that set her on an early path to building a business mind. Today, she tells a story about her father coaching their triplet trio in a soccer game and how they’d just connect like that innately

Madison’s background is just as interesting and inspiring as her achievements. And in the lab, we have a feeling that she is just getting started.

GUEST SUMMARY

Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint

HIGHLIGHTS OF THE EPISODE:

25:48Madison started her company when she was 12

45:36The story behind Mount’s name and logo

KEEPING IT REAL:

04:44What do you do for a living

06:08Leveraging more rental amenities

07:31Who is it for and not for

13:22Defining the line of guest convenience

16:44How rental amenity works

18:56Fees structure

25:48A family of entrepreneurs

31:08The triplets

35:52Sports and entrepreneurship

41:14Key takeaways from running a business

45:36The story behind Mount’s name and logo

48:01How to get started with Mount
51:20About Insurance on amenities

NOTABLE QUOTE:

31:17“I look at failure as a success because it means you tried something that didn't work and you've narrowed down the list from a hundred to 99” – Madison Rifkin

CONNECT WITH THE GUEST

Website: https://www.rentmount.com/

LinkedIn: https://www.linkedin.com/in/madison-rifkin-23037712a/

Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:

https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Hospitable Hosts book: https://amzn.to/3e4LEhE

#rentalamenities #amenities #rental #airbnb

I have two practitioners today in the lab and they come in with a craft, purpose and partnership. The core pillars when experimenting in vacation home rentals. We use the word practitioners intentionally because we believe in doing the actual work and then offering it as a service. It means they understand the industry deeply having gone through it themselves, starting outside their comfort zones and pushing past their fears.

For both of them, it all started with design. Jordan McDonough and Bri West have been in business offering design for other people's short-term rentals for only six months and they've been crushing it. Jordan is your creative design guru, whose design vision is always aligned with that of Bri, who on the other hand is your ambitious marketer and consultant. Together they partnered to catapult Somerled Designs into what it looks like from the outside, an overnight success. However their key ingredients is their ability to both have a deep foundational expertise of what they do and a partner ship that compliments one another beautifully.

We talk about all the challenges in between and more, from their friendship, design philosophy, sales and all the wallpapers they covered in order to get here. They're going to give us a masterclass on what they've mastered and are continuing to master. They have such a hybrid operation from analyzing to designing, there's a lot there and we’re going to pick their brains today.

This talk has been long overdue and we’re thrilled glad that we finally got a chance to talk about their background and combining their unique geniuses. These two rock stars have truly carved out their niche, marrying together design intuition and deep market research. Their combo and having that design touch is what truly turned this experiment into a huge success.

HIGHLIGHTS OF THE EPISODE:

19:59What it’s like working with Somerled

35:53Somerled’s Design Philosophy

48:42The balancing act of Market Research

KEEPING IT REAL:

04:25Jordan and Brie

06:48Interior design for STR

10:54How it started

12:29Jordan’s strengths

13:42Brie’s superpowers

14:48Complementing weaknesses

16:20The mind of a designer

18:41It’s all about reps

21:53The full package service

23:58Do not cheap out on this

27:00Budget design range

30:02Contractors to design

35:00What’s your favorite piece?

40:44Are wallpapers a must?
44:20Biggest downfall of this industry

48:42Market research advice

50:44When do you go all in?

52:52Thinking like a business owner

51:11Biggest measure of success

58:54Top 3 Favorite Markets

CONNECT WITH THE GUEST

Website: https://www.somerleddesigns.com/

Instagram: https://www.instagram.com/somerled.designs/

Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint

#vacationrentals #rentaldesigns #airbnb #str

Zeona is a true real estate experimenter and a skilled investor who’s walked the walk, AND talked the talk. She is the co-host of the INVEST2FI Podcast and the co-author of the “30-day Stay”, which is all about mastering the medium term rental industry.

Zeona has hands-on experience in many aspects of real investing, from arbitrage to buy-and-furnish. It all started when Zeona's best friend rented his place out on Airbnb. Fast forward to a decade later, Zeona has been an Airbnb host since 2012. After ten years of being a short-term rental property manager and consultant, she has transitioned to selling real estate to investors who are looking to house hack or live for free. She is an avid real estate investor who owns and manages a double-digit portfolio, and she teaches listeners how to achieve financial freedom through real estate on her podcast, Invest2FI. She has been featured on BiggerPockets, Mr. Money Mustache, NPR, and has been a guest on more than fifty podcasts. Zeona has been to 47 countries--she spends half the year in Boulder, Colorado and the other half traveling the world as an international pet and house sitter.

But her first foray particularly in medium term rentals started during the pandemic. Or rather, COVID lockdowns forced her to rethink her strategy and found that medium term rentals are overlooked but very viable.

If you’re a regular listener, you’ll know how much we’ve been loving midterm term rentals recently. This makes this particular episode a special one as we’ve been geeking out over Zeona’s book latest book 30 day stay published by Bigger Pockets! Long overdue we finally got her in the lab!

We cover a lot of ground from niching down to medium term rentals, to using Furnished Finder, and why Zeona believes midterm rentals can strategically work in any property asset. It’s an incredible valuable perspective that really reflects the skills and insight of a seasoned real estate investor like Zeona.

Dive into midterm rentals with Zeona and discover how this could be the key to profitability as a short term rental owner & operator, because remember, you’re always just one experiment away!

HIGHLIGHTS OF THE EPISODE:

06:33How Zeono Got Into Mid-Term Rentals

27:15How to build your MTR operations

KEEPING IT REAL:

04:05Introduction
05:26About Zeona McIntyre

06:34Niching down to MTR

09:14Problem solving or passion

12:45Co-hosting and financial freedom

18:35Why go into Midterm rentals?

23:19Furnished Finder

27:15Automating your MTR operations

30:56Walking the properties

33:23Couch surfing and trust

35:03MTR works in any asset

37:49House hacking

40:58Adding a kitchen

42:39Single of multifamily

46:18Portfolio building from Zeona
48:34What’s next for Zeona

NOTABLE QUOTE:

49:21“MTR (Midterm Rental) can work in any asset” – Zeona McIntyre

CONNECTING WITH THE GUEST

Website: https://www.zeonamcintyre.com/

LinkedIn: https://www.linkedin.com/in/zeona-mcintyre/

Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint

#midterm #rental #airbnb

Michael Chang is a recovering investment banker, now turned high scale short term rental owner and operator as co-founder of TrustBNB Vacation Rentals. Mike got his MBA from Cornell in 2009, and spent a decade on wall street as an investment banker. While the pay was great – what he now calls the golden handcuffs, he got over the lifestyle overtime. Today, he  reflects that he should have left in half the time to build the lifestyle business & empire he and his wife Liz built today. Mike perspective in our short term rental industry is unique coming from an individual who is all about numbers, knows his numbers very accurately, and shares with us exactly how he tackles the goals that got him & his wife to $7M+ owned in Airbnb real estate.

Mike immigrated with his family from Taiwan when he was four years old. And the one constant in his life has always been work ethic. This same work ethic he saw from his mother helped him achieve a successful career in mergers & acquisition investment banking with over $40B closed in deals.He then took this knowledge and applied it to a blend of full owning his short term rentals with a combination of rental arbitrage in volume in buildings with proximity to the city. He resides in New York with his wife and daughter and their portfolio expands from Philadelphia, PA.

Fun fact, Mike & Ruben worked at the same investment bank at some point (Jefferies) and both reside in New York city, during this episode they both geek out in the lab with love of short term rental real estate. If you love the gritty details and mindset that it takes to succeed in this industry from someone who’s walked the walk successfully in one of the most respectable industries as an investment banker to a successful transition into short term rentals – you need to listen to this episode. This is one of those gems of an episode that really goes into the granular actionable steps with a touch of serendipity, as Mike happens to share the same values of experiment nation. Experiment. Fail. Learn. Repeat. Enjoy!

HIGHLIGHTS OF THE EPISODE:

17:34How Michael Got Into Short-Term Rentals

27:49How much investment banker makes vs rental host
40:58How to think for yourself

KEEPING IT REAL:

04:05Introduction
06:12The recovering investment banker

13:59Changes from investment banking

17:34A taste of short term rental

21:07Life doesn’t start until..

24:21What game are you playing?

27:49Investment banker vs rental host

31:31Arbitrage numbers

33:06Location criterias

36:05Who are the travelers to target

37:45How to avoid bad guests

38:26How to price the highest

40:58Every business has a mote

43:49The biggest misconception of STR

46:11Airbnb inspiration for all
47:52Taking advantage of opportunities

51:07Starting out in rental arbitrage

55:11Always think of win-wins

56:35Laser focus on numbers

1:01:26What is next?

CONNECTING WITH  THE GUEST:

LinkedIn: https://www.linkedin.com/in/michaelhchang/

Instagram: https://www.instagram.com/michaelchangbnb/

Tiktok: https://www.tiktok.com/@michaelchangbnb

#investment #banking #rentalarbitrage

Derrick's story started like many investors but took a very unconventional route creating a very unconventional real estate financing company.

Derrick started flipping units out of state with other people’s money with his partners who were also college friends at Harvard based out of Boston. They did this all out of state, hitting the ground running. The other people’s money that they used came from levering the money of their Harvard network to invest in Atlanta. They began scaling their portfolio with quadruplexes, condos, and flipping those too.

After graduating and experiencing the Wall Street experience at Goldman Sachs as a trader, Derrick was taken aback by the speed at which these corporations are able to get access to capital. While he continue to scale his real estate portfolio, he and his partners took on the opportunity of getting quicker financing for real estate deals.

Derrick as co-founder of Nectar took on the challenge of helping investors get fast, flexible, non-debt financing that they need to scale their rental portfolio — without raising equity. Nectar wants to address the amount of time it takes to get financing for real estate across the board: whether it be for a flip, multifamily, long-term rental, or short-term rental without needing to give up equity with partners and/or paying the highest rates to get access to capital quickly. There was an opportunity to make a change in the way the real estate industry gets financing. Derrick speaks from experience as he and his wife Brittany who he also met at Harvard built a $400 million real estate portfolio.

Nectar believes that real estate entrepreneurs deserve to keep their upside and Nectar can help them do this by simply looking at your net cash flow as long-term investor, multifamily, short-term rental investor, and even as a property management owner – the cashflow that your portfolio generates is used as a multiple that Nectar can use to calculate a cash advance to buy your next deal or even furnish & redesign your existing short term rentals. The opportunities on how you used your cash advance are up to you.

Step into the lab with Derrick to see how his unconventional journey as an entrepreneur and real estate investor can help you with unconventional financing that most investors next door are not using without giving up any equity.

HIGHLIGHTS OF THE EPISODE:

22:19How Derrick Got Into Short-Term Rentals

24:49How Derrick’s Business Transitioned
30:13Who Nectar Is Built For

KEEPING IT REAL:

04:07Introduction
10:29Why Nectar Started

16:02Affordable Considerations When Buying Properties

16:30Kinds of Properties Derrick Was Buying

20:10The Power of Networking

27:45The Opportunity to Value Add

36:07The Basis for the Amount of Financing

40:12What Makes Nectar a Better “Tool”?

43:16Opportunity to Arbitrage

45:08Traditional Lending

48:16The Limit on Money Usage

52:03Closing

NOTABLE QUOTE (KEY LESSONS):

51:44“...Doing things small is gonna be hard, and doing things big is gonna be hard. So, just be okay with the journey…” – Derrick Barker

CONNECT WITH THE GUEST

Website: https://www.usenectar.com/

LinkedIn: https://www.linkedin.com/in/derrick-barker-3b1590a/

#moneylending #valueadd #financing

The short-term rental industry is a niched real estate industry of its own, and Jeffrey Ilouilan started to solve his own problems as a short term rental host trying to source quality furniture for his multiple units as a short term rental arbitrage operator. During his time he launched multiple units that ranged from luxury homes and apartment buildings.

Jeffrey Ilouilan, then Co-Founded HostGPO  which is a furnished buying group for short-term rental operators.

In this episode, learn how you can source quality furniture for all your short term rentals via group that has already sourced all the supply chain management headaches and logistics for you. HostGPO is able to source the best prices in the industry from of the best well known furniture companies in the industry. Before you launch your next short term rental , become a member of the Host GPO group, you’ll see why in this episode.

HIGHLIGHTS OF THE EPISODE:

12:04Being Outside Your Comfort Zone
18:25Tackling Business Opportunities

KEEPING IT REAL:

04:06Introduction
08:03Why Arbitrage and Not Ownership?

16:08Vacation Rental Specific Problem Solving Companies

22:21Timing Considerations

25:18Proof of Concept

35:45Free Shipping

40:54Working With Local Designers

52:32The Win-Win Situation

58:11Closing

NOTABLE QUOTE (KEY LESSONS):

12:04“...Be outside your comfort zone because your comfort zone becomes bigger…” – Jeffrey Ilouilan

CONNECT WITH THE GUEST

Website: https://hostgpo.com/

Twitter: https://twitter.com/HostGPO?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

Instagram: https://www.instagram.com/hostgpo/?hl=en

Facebook: https://www.facebook.com/hostgpo/

LinkedIn: https://www.linkedin.com/company/hostgpo/

Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:

https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Hospitable Hosts book: https://amzn.to/3e4LEhE

Instagram: https://www.instagram.com/therealestateexperiment/?hl=en

Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0

#valueadd #vacationrental #problemsolving

The short-term rental industry is a niched real estate industry of its own, and Dave Goodfellow was able to scale his operations within a unique niche of what he calls ApartHotels — giving him the most cash flow through a lean repeatable model.

An Aparthotel is a concept of building multiple units under a single roof. Dave began his short-term rental experiments first off in the rental arbitrage arena to then scale into ApartHotels. Today, Dave and his team target rundown hotels, remove all the operational hospitality space (i.e. restaurants, etc) or what Dave calls operational headaches, and repurposes it into a rentable place for guests to maximize.

Dave Goodfellow of Ikonic Training is an active property investor for more than ten years with a background in sales operations. He has driven the front of their serviced accommodation business in multiple locations in less than two years using these mixed strategies.

In this episode, we learn that not all real estate is created equal. There always has to be a value add component. You might be buying a property that's neglected, but it has reasonable bones in it. Buying a property can either mean cash flow (rents) or capital growth (sale price).

As the soon-to-be author of the book Airbnb Simplified, Dave shows us how you can simplify your short-term rental strategy by executing your experiments in a very lean way in ApartHotels.

HIGHLIGHTS OF THE EPISODE:

06:15How to Make Committed Decisions
10:48Misconceptions Between Short-Term Rentals and AirBnb’s

KEEPING IT REAL:

04:05Introduction
14:37How Dave Came Across AirBnb

20:49What’s an ApartHotel?

30:37Short-Term Rentals’ Biggest Misconceptions

33:52How to Keep Your Properties Filled

37:43Book: AirBnb Simplified

38:33Service Accommodation Roadmap

44:34Dave’s Vision

49:46Closing

NOTABLE QUOTE (KEY LESSONS):

36:33“...Business is not difficult. It’s only people that make it difficult…” – Dave Goodfellow

CONNECTING WITH THE GUEST

Instagram: https://www.instagram.com/davegoodfellowofficial/

Facebook: https://www.facebook.com/dave.ikonic.7/

Twitter: https://twitter.com/IkonicProperty

Linktree: https://linktr.ee/davegoodfellow

LinkedIn: https://www.linkedin.com/in/davejamesgoodfellow/

Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:

https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Hospitable Hosts book: https://amzn.to/3e4LEhE

Instagram: https://www.instagram.com/therealestateexperiment/?hl=en

Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0

#serviceaccommodation #operationalspaces #aparthotels

Entrepreneurs are the true creators of new products, services and business models — and Tatianna Taylor-Tait has done just that in the niche of interior and furnishing properties, including private room rentals. Tatianna found a way to use her interior designing background to help her break into the short-term rental industry, which has become a huge asset for her services. But she not only does it for clients, she’s walked the walk as an airbnb host herself. As a matter of fact, she discovered the airbnb world hosting her apartment while she traveled overseas in the very beginning of her journey.

Today, Tatianna is an award-winning designer and marketing specialist based in Vancouver, British Columbia. With extensive experience in both interior design and real estate, Tatianna has worked with clients all over the world, sharing her knowledge and skills to help them increase their Airbnb profits and short-term rental returns. With over 8+ years of experience in short term rentals, design and marketing, Tatianna offers a package to clients that focuses not only on simply providing an Airbnb, but one that is steeped in class and elegance.

She is recognized for demonstrating a natural aptitude for campaign strategy development, as well as for going above and beyond for her clients. She has a verifiable history of contributing directly to company growth and expansion throughout her career, and is now the CEO of Tatianna Taylor-Tait Ltd. which offers design & short term rental coaching.

There is no better experimentation than playing within your creativity and passion! Tatianna steps into the lab to show us how she did it!

HIGHLIGHTS OF THE EPISODE:

20:12Which Comes First (Money vs. Idea)
23:32Lasting Pieces vs. Aesthetically Pleasing

KEEPING IT REAL:

11:23Tatianna’s Industry & Background
26:44Linens for Beds

28:56Tatianna’s Business Model

38:23Biggest Misconception of Private Room Rentals

45:25Special Guest Experience

46:56The “Must’s”

54:47How You Market Your Property

58:17Closing

NOTABLE QUOTE (KEY LESSONS):

“…No matter the project in some way or form, I like to make sure that the project is a true reflection of my clients…” -Tatianna Taylor-Tait

CONNECTING WITH THE GUEST

Instagram: https://www.instagram.com/tatiannatt/

LinkedIn: https://www.linkedin.com/in/tatiannataylortait/

Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:

https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Hospitable Hosts book: https://amzn.to/3e4LEhE

Instagram: https://www.instagram.com/therealestateexperiment/?hl=en

Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0

#marketing #privateroomrentals #interiordesign

Laura Villamor, a nurse along with her husband, has proven the importance of selecting a market that has consistent flows of traffic year round, serving Marines and their families.

From being in healthcare to now real estate, Laura, a superhost, uses her strengths, patience, responsiveness and charisma to host families across the nation in their very niched short-term rental market. Laura and her husband Eusebio found a way to provide temporary housing to families impatiently excited to reunite with their family in the Marines in Beaufort, South Carolina, as it has a Marine base. They were able to solve a problem in a very niched market but most importantly did it by being very strategic in their next investment, factoring in traffic, demand and purchase price.

Laura does not overthink when it comes to experimenting. Along with being a mother, she constantly makes the time and effort to learn a brand new industry that is giving her and her husband a very high return on investment along with the fulfillment that comes with hosting families. Together, they look to scale in both ownership and property management at Villas & More.

HIGHLIGHTS OF THE EPISODE:

22:38How to Build Relationships With Your Guests Remotely
44:40How to Analyze Deals

KEEPING IT REAL:

12:46How Laura and Her Husband Get Into Real Estate
18:41Laura’s Occupancy Rate

26:31Being Responsive

30:27Where Laura Gets Inspiration

38:35What Keeps the Goal to Move Forward

54:53Equity

60:03Feeling Safe in the World of Social Media

60:16Closing

NOTABLE QUOTE (KEY LESSONS):

30:43  “…Do the things that scare you…” -Laura Villamor

Connecting with Guest:

Instagram: https://www.instagram.com/vacationvillasnmore/?igshid=YmMyMTA2M2Y%3D

Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:

https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Hospitable Hosts book: https://amzn.to/3e4LEhE

Instagram: https://www.instagram.com/therealestateexperiment/?hl=en

Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0

#hospitablehosting #airbnb #connections

Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint

Entrepreneurs solve problems and Jesse Vasquez has done just that in the niche of furnished accommodations, Jesse found a way to provide temporary housing to healthcare professionals initially as a business development professional in the healthcare sector. Jesse solved a problem in a niche and scaled his midterm rental operations working B2B for corporations looking to house health technicians, insurance policy holders giving him increased occupancy and cash flow across his properties. Today he’s known as the go-to mid-term rental expert in our industry having helped multiple other investors turn their STRs into MTRs.

Jesse is the Founder of AirVenture Hosting Co., flourishing in Traveling Medical Professional Corporate Housing/Short Term Rental hosting and management of Luxe and Unique Homes on Airbnb.

Jesse experimented his way through his success. Because he was a conversationalist who was very straight to the point, he was able to build a business through solving the problems that travel nurses were facing, which was quality, furnished temporary furnished accommodation with mid-term rental! Through this business approach, he was not only able to create a network, he was also able to build opportunities and provide solutions in a market that needs it. With all the red tape and regulations occurring with traditional short-term rentals and the ability to achieve increased occupancy for your STRs, the mid-term rental blueprint can solve a need in the industry and fill your individual or multiple units at scale when executed properly. Jesse steps in the lab to show us how!

HIGHLIGHTS OF THE EPISODE:

12:04Choosing Your Niche
26:06The Importance of Pacing

KEEPING IT REAL:

03:16Jesse’s Background
15:34Travel Nursing Industry

23:08Growing and Building Leads

30:34Create Lasting Businesses

34:28Hospital Level

40:54Extended Hotel Stay

51:22Umbrella Policy

60:04Closing

NOTABLE QUOTE (KEY LESSONS):

27:42  “…If you’re consistent with one thing, it’s almost impossible to fail…” -Jesse Vasquez

CONNECT WITH THE GUEST

Website: https://www.airventurehosting.com/

LinkedIn: https://www.linkedin.com/in/jesse-vasquez-36917a40/

#problemsolver #creatingopportunities #lastingbusinesses

Entrepreneurs in their respective industries always strive for great marketing strategies, but a real estate investor like our guest, believes that the greatest marketing of all time is in your branding.

Today, we have the pleasure of having Arthur Colker in the lab, who is the CEO and founder of StayFi — the #1 provider of WiFi marketing services for vacation rental companies. Vacation rental managers use StayFi to brand WiFi, collect guest data, and increase direct bookings, all while providing a better WiFi experience for vacation rental guests. Arthur also holds degrees from Columbia Business School and Georgetown University. Prior to founding StayFi, Arthur led digital marketing strategy at several start-ups and ran his own marketing and branding consultancy.

In this episode, Arthur discusses the advantages that come from getting access to your own email list, what that means for the control that you for your business, controlling your brand’s experience and the endless possibilities of leverage with this data. Vacation rental industry is a big data industry and Stayfi capitalizes on a process that all of our guests are currently doing without the need of any pattern interrupt. That’s what you call a seamless well executed experiment.

To try this amazing alternative, find out how Arthur experimented with StayFi and how efficient it is in your future bookings! Give it a try by clicking this link https://app.linkmink.com/a/stayfi/570 with a bonus COUPON CODE: EXP which offers 50% off the first 3 months of your StayFi subscription! How eLABorative, right?!

HIGHLIGHTS OF THE EPISODE:

09:56Purpose of StayFi WiFi
20:18How StayFi WiFi Works

KEEPING IT REAL:

00:36Introduction
02:14Arthur’s Marketing History and How He Broke Into the Space of Tools

15:39Decreasing Dependency

20:23Access Point Device

32:46Partnerships

37:02Closing

NOTABLE QUOTE:

28:29  “…There’s all these very cool advanced things, but I think for most people getting started, get the most basic fundamentals down and then you can layer on more complexity and segmentation as you go along…” - Arthur Colker

18:59 “...Make sure that if they book with you again, they are coming to you directly and that they are aware of your brand and that you are not just a quote unquote Airbnb…” - Arthur Colker

CONNECTING WITH THE GUEST

Website: https://stayfi.com/

LinkedIn: https://www.linkedin.com/in/acolker/

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:

https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Hospitable Hosts book: https://amzn.to/3e4LEhE

Instagram: https://www.instagram.com/therealestateexperiment/?hl=en

Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0

#directbooking #marketing #branding

While most investors focus on sharing their passion, Noble on the other hand, emphasizes the importance of being able to solve problems, hence why his business model is business to business – making him a true Entrepreneur.

Noble Crawford is an Entrepreneur, Investor and Consultant who is passionate about building profitable businesses, technology, marketing, real estate and most importantly – investing in people. He is also a 7-year business owner and principal partner in the short-term rental industry. His diverse background spans several years in hospitality, technology, and sales & marketing. Noble has worked with brands such as Marriott, Hilton, IHG, and more. His experience enables him to teach his students how to collaborate with multifamily owners and property management firms to create win-win partnerships.

In this episode, we learn the benefits and importance of having multiple vertical business-integrations. Having many opportunities at hand will increase your options as an entrepreneur, and you are bound to find a business more suited to your abilities. Having multiple businesses that bring in cash flow allows you to build liquidity for times when your primary business falters. Serial entrepreneurs like Noble, prefer to build an organization that has multiple businesses integrated under one umbrella and control the customer experience.

Most serial entrepreneurs are highly experimental, it is simply because successful entrepreneurs like Noble, are willing to change and adapt & integrate what they are doing rather than stick with a plan that is not working – to efficiently provide the best solutions in the marketplace. This is what experimenting is all about,

HIGHLIGHTS OF THE EPISODE:

21:56LinkedIn Tracing
32:14What’s A Better Product?

KEEPING IT REAL:

00:53Introduction
02:38Noble’s Story

06:24Opportunity Found Through Displaced International Students

11:40Corporate Housing

16:59Financial Aid

21:36Networking

37:35How to Run Numbers

45:18Same Day Cancellation

50:35Noble’s Favorite Vertical

58:05Noble’s System and Structure

60:03Closing


NOTABLE QUOTE (KEY LESSONS):

25:45  “…Open up the conversation by adding value, and then show the difference in your unique selling proposition. Show the difference in your product or service versus what they are accustomed to…” - Noble Crawford


CONNECTING WITH THE GUEST

Website: https://hospitalitycashflow.com/

LinkedIn: https://www.linkedin.com/in/noblecrawford/

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:

https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Hospitable Hosts book: https://amzn.to/3e4LEhE

Instagram: https://www.instagram.com/therealestateexperiment/?hl=en

Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0

#serialentrepreneur #verticalintegrations #problemsolving

While some have niched into short-term rental investing, Alex Jarbo niches down even deeper and specifically develops and builds short-term rental properties to the tune of cabins and tiny homes including land plays for multiple lots to build large short-term rental communities.

Alex Jarbo was born and raised in Detroit, Michigan. After high school, he felt that going the traditional route of college and university wasn't for him, so at the age of 18 years old, he decided to join the Marine Corps. Although it was scary at first, he gradually felt more confident and comfortable with his decision to serve his country. Over time, he was able to embody the core values of the Marines: Honor, Courage and Commitment. He served for 4.5 years in the Marines from his station in Washington, DC and towards the end of his service, started to read books about real estate investing.

Alex, at the young age of 27, is now the founder and CEO of Sargon Investments. He is a short-term rental developer and manager. He is a regular contributor to some of the top real estate investing podcasts in the world. He is also the host of the YouTube channel Alex Builds where he teaches how to properly build and manage short-term rentals.

As mentioned, there are a few things that differentiate a short-term rental developer from other developers. First, they build places that are designed to be used as short-term rentals, so they are high quality and well-maintained. Second, they often focus on larger scale developments because they know hotel operators will want to cherry pick the best locations in a city. This means more inventory spread around, which increases the overall supply of available units for visitors across multiple areas of town. Third, with their expertise in short-term rentals, developers like Alex, understand the importance of community engagement and support for local businesses.

Alex’s lab is composed of creating a dynamic, technology-fueled business that is streamlined, strong, and profitable. Tune in to discover what experiments he did to become one of the best in his field.

HIGHLIGHTS OF THE EPISODE:

01:58Purpose of the Experiment Nation
07:40Fighter Leader Concept

KEEPING IT REAL:

00:42Introduction
02:44Alex’s Story

05:42Alex’s Mentor That Was Pivotal in the Beginning of His Experiments

14:20Residential Construction Road

21:26Alex’s Obstacles

28:15Alex’s Current Portfolio

36:19Conversion to Boutique Hotels

41:36The Secret Sauce

46:29Lifestyle Business

NOTABLE QUOTE (KEY LESSONS):

4:31  “…I'm always looking for some sort of structure to help me with my goals, cause no matter what goal you have in whatever business outside of real estate, there's a coach, a course, a structure somewhere that someone's already done most of the work, you just gotta figure out how to tap into that....” - Alex Jarbo

CONNECTING WITH THE GUEST

Website: https://sargoninvestments.com/

LinkedIn: https://www.linkedin.com/in/alex-jarbo-28a940139/

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:

https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Hospitable Hosts book: https://amzn.to/3e4LEhE

#developer #structuredbusiness #discipline

There’s a significant difference between branding and marketing, and Jordan Kahana, our most recent guest will tell us why. Jordan’s first break was by a desert dog video that went viral on The Dodo with 120 million views! That’s what started Jordan’s journey into marketing but how did he go from that to the short term rental marketing platform that is Stayamo today, a marketplace that has over 600+ homes to  rent to 2000+ creators worldwide. Jordan and his team achieved this by combining vacation rentals model with content creators, and he’s laying out the entire game plan in our episode today.

Influencer marketing sometimes gets a bad rep but perhaps because it is misunderstood or even maybe underutilized. Influencers are mostly viewed from an entertainment perspective but can be used as a source of lead generation and brand awareness as there are multiple eyeballs that pay attention to what they talk about and where they go. Enter short term rentals. Tenants love seeing themselves in the place first before considering staying. Content creators give the audience a firsthand, even a creative look into the rental space, allowing them to see what it’s like staying there. It’s a stroke of genius and a combination that gives home owners the ability to even possibly get photography, video and marketing  of their house in exchange for a stay.

From his love for dogs and a viral video, to a unique global marketplace, Jordan is yet another example proving that YOU are always just one experiment away.

HIGHLIGHTS OF THE EPISODE:

5:31 Market vs Branding

31:36 51% for the homes, 49% for the influencers

50:40 Advice for short content

KEEPING IT REAL:

1:03 Introduction

4:24 Jordan's Story

7:32 Jordan's Brand

8:44 Managing NFL social media

10:01 Jordan's Viral Video

16:11 How Jordan got into short term rentals

18:21 Best of Airbnbs

20:39 The houses and influencers

24:10 The power of photography

39:12 What do the influencers pay

42:20 Future of Stay Amo

46:12 StayAmo.com

NOTABLE QUOTES:

6:35  “…Marketing is someone who is like, Hey, this is what I'm interested in. These are the avenues and these are the buckets. But when you associate a certain company or activity or something that is branding...”

- Jordan Kahana

CONNECTING WITH THE GUEST

Website: https://www.stayamo.com/

LinkedIn: https://www.linkedin.com/in/jordan-kahana-a1a9397

Instagram: https://www.instagram.com/stayamo/

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:

https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Hospitable Hosts book: https://amzn.to/3e4LEhE

Instagram: https://www.instagram.com/therealestateexperiment/?hl=en

Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0

#influencer #contentcreator #shorttermrental

Bill Faeth has been an entrepreneur for most of his life, and it all started with his love for sports. It started with an opportunity as a kid, when both he and his mother were invited to a Lakers game. From then on, he did every business venture you could think of from pizza for his college roommates all the way to 2008, where he discovered inbound marketing, and the rest is history. There is no exaggeration here, after discovering that he could grow businesses while spending minimal costs on marketing, he never looked back. Today, Bill has 24 startups under his belt and counting! He’s built and grown a premium limousine company, and a glow in the dark miniature golf business with over 45 locations, that he launched after his professional golf career, yes he also used to be a professional golfer. Perhaps being esteemed achievers run in the family because his mother was also the 1982 National Kindergarten Teacher of the Year.

Bill has this out drive and lifelong fervor that seems to bleed in everything he’s passionate about. And that’s important to Bill, he must be passionate about what he does. Bill has been involved in real estate for almost 25 years with both commercial and residential investing with a multi-million dollar portfolio of short-term rental properties primarily located in vacation rental markets with a focus on beach, lake, and mountain properties.

In this episode, Bill goes in depth on different types of marketing and the importance of optimizing your sales process. He believes a branded pen is valuable in any short term rental business (find out why in the episode), and that over-saturated markets aren’t exactly a bad thing. He has truly built an entrepreneurial mindset and his years of expertise shines as Bill combines his wealth of knowledge with real estate & marketing in the lab. Bill’s career is a true example of a  reminder that you are truly always just one experiment away.

HIGHLIGHTS OF THE EPISODE:

22:55 Building a brand

38:10 Quality over quantity

44:57 Gestalt theory

1:02:39 Work hard

1:12:06 Creating annuity

KEEPING IT REAL:

0:45 Introduction

2:56 Bill's Lakers Story

9:12 Multiple Problem Solving

14:47 What should investors looking at short term rentals should ask?

18:24 Over saturated properties

24:37 Conversion rate optimization

27:38 Segment list

28:50 Cold, Warm, Hot

31:29 Details: pen

32:32 Optimized service

49:41 Be different, be unique

55:34 What to do with rising rates

1:05:35 Arbitrage and co-host

1:08:11 Bill's Vision and life goals

1:14:45 Lesson about syndication

1:20:04 Online Networking

1:26:42 Bill's dropshipping business at 1989

1:31:38 Buildsdrwealth.com / BillFaeth.com

NOTABLE QUOTES (KEY LESSONS):

1:02:41  “…The people that outwork their competition were the ones that win. It's a really fucking simple formula...”

- Bill Faeth

Get coached on how you can repurpose your existing home into an Airbnb with me:

https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0

#marketing #realestate #shorttermrental

Today marks a milestone for Experiment Nation as we’ve reached our 200th episode mark! This means you now have 200 vetted experiments of knowledge that you can use in your respective lab. Join Ruben as he takes a look back at the numerous resourceful interviews from practitioners in the lab and recaps his most notable and favorite ones. During these 200 episodes Ruben has had the chance to extract concrete blueprints and ingredients from true leaders in their respective real estate & business niches that experiment nation can all delve into and model in their own labs. We are so humbled to have had these leaders officially become part of experiment nation just as much as you’ve become part of our community as listeners & practitioners!

This recap includes some of our favorite practitioners that include Michael Sjogren, Phil M. Jones, Tony Whatley a.k.a the Side Hustle Millionaire, Mr. ‘Beez’ Hendricks, John Jonah and more!

Ruben intends to podcast until the end of time, so with this 200 episode milestone, expect a whole lot more to look forward to thanks to the team at InvestedTalent.com ( our podcast production team) – what this means for you is an endless amount of experiments that you can learn from but most importantly model and take action on. In all of these episodes it is critical to remind yourself that just like the guests that have come on The Real Estate Experiment show, remember YOU are only one experiment away…

Let’s Build!

HIGHLIGHTS OF THE EPISODE:

1:29 200th milestone

5:00 200th Highlights

KEEPING IT REAL:

0:38 Introduction

4:13 Featured on Forbes

5:29 Episode 79 & 91

7:11 Power of convincing

12:05 Amazing CPAs

16:02 onlinejobs.ph

19:40 Episode 161 & 122

21:37 Episode 138 & 149

25:11 Episode 174, 89, 99

31:48 Planting 'seeds'

NOTABLE QUOTES (KEY LESSONS):

“ …It's not about the listenerships, right? I don't even look at the downloads. I know we have a lot, thousands and thousands but that's not what I look for. I look to network..” - Ruben Kenya

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:

https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Hospitable Hosts book: https://amzn.to/3e4LEhE

Instagram: https://www.instagram.com/therealestateexperiment/?hl=en

Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0

#milestone 

#realestate 

#highlights

Alex Sabio is a respiratory care practitioner turned real estate investor who not only lives and breathes real estate but he does so while still having his profession as respiratory therapist. Alex has grown his portfolio while hiring the best resources to help him and selecting the right kind of properties to maximize thousands of dollars in net cash flow per month to optimize for freedom and essentially spend quality time with his family. Alex currently has 5 short term rentals + 2 under contract and is able to implement systems and does it out of state.

Alex talks about trying to syndicate apartments and then his CPA (Amanda Hahn) tapped him on his shoulder to look into STR to material participation hours to claim as  real estate professional. Asking the simple question on where to invest next, led him to discover the Smokey Mountains in July 2020. From this deal, he was able to learn a business and then was able to teach it to his very niched community. He today has found tremendous fulfillment helping other healthcare professionals also achieve financial freedom. Alex quickly became the source of inspiration and practitioner to model within his healthcare network.

It’s one thing to have success in your own experiments but it’s another to help others achieve their own. Alex is living and breathing example of that as the respiratory therapist that doesn’t need to help others as healthcare practitioner to make a living but he simply does because he chooses to, the same way he’s chosen to live and breathe short term rentals and help others do the same.

HIGHLIGHTS OF THE EPISODE:

11:48 Opportunity cost

27:36 How did Alex offset his income

34:25 Best insight

KEEPING IT REAL:

0:00 Introduction

2:13 Alex's Story

6:23 Alex's Financial Freedom number

16:16 Alex's profession

23:35 Benefits of cost segregation

30:16 Investing the right person

32:14 Best time to reach out to a professional

34:58 Documenting app

38:24 Alex's ATM machine

41:19 Alex's cashback

44:52 Lessons alex learned

47:41 Appreciate the milestone

49:57 Alex's goal

NOTABLE QUOTES (KEY LESSONS):

 “ …The best time was yesterday and the second best time today..” - Alex Sabio

CONNECTING WITH THE GUEST

Instagram: https://www.instagram.com/the_real_alexsabio/?hl=en

Linkedin: https://www.linkedin.com/in/alex-sabio-06481542/

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:

https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Hospitable Hosts book: https://amzn.to/3e4LEhE

Instagram: https://www.instagram.com/therealestateexperiment/?hl=en

Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0

#overachiever 

#realestate 

#success

Ryan Luke is a real estate investor with a very unique model of rental arbitrage baked into his portfolio of properties that he owns as well. Ryan uses his arbitrage model to scale quickly combining cash flow for ownership. He spent months perfecting his business before coming up with a very niched concept in the short term rental industry doing it uniquely overseas, primarily in Dubai. Fast forward now he’s amassed a portfolio of 300+ properties and built a community along the way. Ryan plans on expanding to 5,000 units by 2024, and he is well on his way. The franchise  arbitrage model is baked into his rental management – think strength in numbers –  and he has leveraged this successfully into a faster cash flow engine in real estate. . Any host looking to scale and borrow this proof of concept can do so, as Ryan says, ‘you don't need to create anything new, just model success..”

Starting a business is not an easy feat, but if you keep at it day after day—you are bound to succeed. After all, Rome wasn’t built in a day. Unfortunately, often with rental hosts they create another job in the process of managing their guests and rentals. Ryan Luke has found a way to work through this using a franchise type model. He’s made everything from scratch and teaches this model to hosts today alleviating them with what they struggle the most – back end operations. Tune in to find out how you can implement this model in your lab or simply plug into Ryan’s model as host as Ryan offers a franchise model as a service to those in a community who are a good fit.

HIGHLIGHTS OF THE EPISODE:

13:46 Good ratio

18:59 What is the scope of the business

41:24 Franchise as an asset

KEEPING IT REAL:

0:00 Introduction

2:47 Ryan's story

6:54 Franchise model

10:07 Buying asset

12:16 Target market

16:01 Family community support

21:44 Where is the team at

26:51 KPIs

28:56 Syndication-like model

30:32 Where did the spark come from

36:34 Ryan's next move

43:57 LukeCapitalGroup.com

45:56 Branding tip

Episode Hashtags: 

NOTABLE QUOTES (KEY LESSONS):

“ …I think this goes through pretty much all areas of business . You don't need to create anything new, just model success..” - Ryan Luke

CONNECTING WITH THE GUEST

Website: https://www.lukecapitalgroup.com/

LinkedIn: https://uk.linkedin.com/in/ryanlukeuk

Instagram: https://www.instagram.com/lukecapitalgroup/

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:

https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Hospitable Hosts book: https://amzn.to/3e4LEhE

Instagram: https://www.instagram.com/therealestateexperiment/?hl=en

Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0

#mindset #realestate #education

Knowledge is truly power. Traci Gagnon who had only $21 in her bank account, bought a book for $14 that became the catalyst of her success. Now she is a real estate investor and an author. When you're on the edge, you'll do anything to survive—and survived she did. They also say that, ‘the master appears when the pupil is ready’,  and Tracy is an excellent example of this. She studied under the greats and became one of them herself. She never stopped being curious about what she didn't know yet, so she kept going and learned everything there was to learn from everyone who knew more than her.

Just like she said, the more you pay, the more you pay attention. She always puts the extra mile in her education, squeezing the ever bit of wisdom she can get. She believes a premium education gives you a long way of success. In this episode, she'll share the secret to her success and much more advice gleaned from those who came before her - all those masters who passed their knowledge down through time so that it could be preserved for future generations like us today to follow in their footsteps. Like Tracy and the greats that paved the way, they all understood very well that you are always one experiment away from success.

HIGHLIGHTS OF THE EPISODE:

9:16 What mindset shift is like

23:49 Strategies for the future market

44:01 Number 1 Key takeaway

KEEPING IT REAL:

0:00 Introduction

2:20 What does Traci do for a living

6:01 The foundation

13:07 How much Traci spends on education

18:22 What's the next thing you should focus on 2022

28:33 Moves an investor should make

32:00 Best move for investors

34:39 Tools for education

41:33 Skill that you should be working on

NOTABLE QUOTES:

“ The universe is always conspiring to help us. And as long as we know that, as long as we believe that and trust that it's the universe's responsibility to put the right books and the right people into our space.” - Traci Gagnon

CONNECTING WITH THE GUEST

Website: https://www.explodeyourcareer.com/

LinkedIn: https://www.linkedin.com/in/tracigagnon/

Instagram: https://www.instagram.com/tracigagnon.realtor/

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:

https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Hospitable Hosts book: https://amzn.to/3e4LEhE

Instagram: https://www.instagram.com/therealestateexperiment/?hl=en

Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0

#mindset 

#realestate 

#education

Stay humble and work hard - Moriya Rockman, Co-Host of the Hospitable Host and Founder of Triangle Luxury, Smiling House Luxury and Villa Tracker. She fell in love with hospitality by chance when she immigrated to the Swiss Alps with her husband. There they had this very old villa where she hosted a friend; her friend introduced her to Airbnb and told her to put it on the market. And then things just snowballed from there - fast forward to today, Moriya has been able to build an empire from scratch with a hybrid management model, serving thousands of clients and helping thousands of investors.

Luxury is all about authenticity not just location, but taking into account the environment, the guests’ privacy, and design altogether is what separates Moriya from the pack. How did she achieve it all with comfortability and a focus on making the property as welcoming as possible. The interesting part is, they operate as OTAs not property managers, with over 140 destinations and 33 countries, and those numbers just keep growing. They are not only disrupting the industry, but also dominating the short term luxury space. Nothing less from the Shorty’s 2020 Pioneer Awardee herself. Tune in to how Moriya achieved this and how they ‘submerged into tech’ that really catapulted them into industry giants. But for Moriya it’s simple, her goal is to make the world a better place with hospitality, one smile at a time, and one experiment at a time.

HIGHLIGHTS OF THE EPISODE:

9:56 What comes first, location or property?

25:33 Management Process

46:38 Commission structure

KEEPING IT REAL:

0:52 Introduction

5:35 Maria's Story

13:23 Design and comfortability

14:16 Creating unique feelings

17:18 Strategic partnership

20:53 Communication techniques

32:54 Learning the standards of the client

37:09 Management/hybrid model

40:07 Triangleluxury.com

43:06 Property managers can give a forecast in our company

48:15 triangle-luxury.com / triangle.luxury

49:52 Moriya's great deal

NOTABLE QUOTES:

“I think as a company, as people, we try not to forget that we are still eye to eye. We are still smiling all the time” - Moriya Rockman

CONNECTING WITH THE GUEST

Website: www.smilinghouse.com

LinkedIn: https://www.linkedin.com/in/moriya-rockman-a3467a13a/?originalSubdomain=ch

Email: www.smilinghouse.ch

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:

https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Hospitable Hosts book: https://amzn.to/3e4LEhE

Instagram: https://www.instagram.com/therealestateexperiment/?hl=en

Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0

 #airbnb #realestate #luxury

Be courageous enough to face rejection. Liam Carolan, a real estate investor and co-author of the Hospitable Hosts started out with humble beginnings as a product manager. The thought of leaving his job began weighing heavily on him so he devised a plan for how to do it. He listened intently to podcasts, audiobooks and invested in a mentor which essentially gave him the knowledge needed to start his own business in the short term rental niche and create a true productocracy. A productocracy is “a product or a service that has a distinctive value skew in the marketplace which incites unsolicited recommendations from its current customers, creating new customers. It was never smooth sailing from the beginning as he received about 50 NOs before getting his first YES! And yes indeed, this was just the beginning of what would soon become financial freedom for Liam and his family.

This episode is a long time coming, we’ve been wanting to set this up since working together on the new international best seller, Hospitable Hosts. In this episode. we talk about the ‘chosen grind’, what is rent-to-service accommodation, and everything about Liam’s cerebral approach to scaling and running a sound short term rental operation using a unique approach. Don’t miss this enlightening episode from such a humble and highly successful experimenter like Liam. And just like many of our guests here in the lab, he’ll be the first to tell you that you’re always just one experiment away!

HIGHLIGHTS OF THE EPISODE:

15:52 They're rejecting the offer not you as a person

35:11 What would have you changed if you started all over again

35:55 Failing forward

46:45 Four Pillars

KEEPING IT REAL:

0:46 Introduction

2:58 Hospitable Host Book

4:14 Leaving 9-5 job

9:07 Can you get rich quick

10:49 Quick is all relative

12:22 Liam's story

14:25 Be obsessed or be average

20:24 In every situation, there's an action to change the situation

23:07 Getting the first YES

30:45 Main obstacles

34:23 Proof of concept

40:13 How important is it to have to "pay to play"

43:10 Course junkies

45:37 Paradox of practice

47:28 Technology pillar

51:58 Furniture pillar

53:03 Zip and link

55:45 Analysis pillar

1:00:06 Management pillar

1:04:17 flow.page/liamcarolan

NOTABLE QUOTES

“ Your vibe is gonna attract your tribe” - Liam Carolan

CONNECTING WITH THE GUEST

Website: https://propertyaltcomplete.com/

LinkedIn: https://www.linkedin.com/in/liamsacarolan/

Email: https://gingergoldltd.co.uk/

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:

https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Hospitable Hosts book: https://amzn.to/3e4LEhE

Instagram: https://www.instagram.com/therealestateexperiment/?hl=en

Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0

 #airbnb #shorttermrental #bnbmonthly

We got another experiment here at the lab for y’all. Andrew Street is both an entrepreneur and a short term rental host. His company, BnB monthly provides a new model for short-term rentals. His brand’s vision is to innovate midterm rentals: a 30-day plus stay. It's an elevated way of investing through a flexible leasing strategy. Plus, another factor is that it's an automated business, a marriage of technology, innovation and in the case of Andrew, dedication.

You’ve heard of short term rentals, now hear MIDTERM rentals, tune in to learn what a game changer it could be.

In this episode, he'll share his insights about the goal of his company, hosting hacks, the Four Pillars and a whole lot more. Opportunities are rapidly popping up everywhere, and its our goal here in the lab to find them and share it to aspiring superhosts. Never has the real estate industry been this ripe for innovation, especially in the rentals space. All it takes is for the right timing, the right ideas, and the right team to come together, and just like it was for Andrew, innovation is just one experiment away.

HIGHLIGHTS OF THE EPISODE:

22:02 Hosting hack

31:01 BnB Monthly goals

42:01 Four Pillars

KEEPING IT REAL:

0:34 Introduction

1:00 Bigger Pockets

4:59 About Andrew

9:16 Remote management company

11:31 Andrew's call to action

12:52 Turnover BnB

14:04 Hospitable app

17:31 Hostfully app

26:30 Amazon hack

29:39 Customer service is key

33:56 Midterm rentals

36:43 Structuring a 30 day minimum stay

40:05 www.BNBmonthly.com

42:45 Technology insight

43:47 Furniture insight

45:08 Analysis insight

47:38 Management insight

NOTABLE QUOTES (KEY LESSONS):

“Having that ability to just be responsive is gonna change the world for your guest” - Andrew Street

CONNECTING WITH THE GUEST 

Website: https://bnbmonthly.com/
Facebook: https://www.facebook.com/realandrewstreet
Email: realandrewwild@gmail.com

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:

https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Hospitable Hosts book: https://amzn.to/3e4LEhE

Instagram: https://www.instagram.com/therealestateexperiment/?hl=en

Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0

 #airbnb #shorttermrental #bnbmonthly

Today we have masters of design. The Karwells, creatively derived from a name combination of this powerful duo, is taking the STR world by storm. Emily with her background in fashion and retail, combined with Sarah's creative tenacity. They are a perfect example of polar opposites working perfectly together.

There are levels to this, or should we say, fundamentals to design, and they get a bit tricky when it comes to short term rentals. We'll talk about what to tackle first, their thought process when first entering properties, and how they've structured & partnered with their startup to have proprietary technology to help them find the best properties for their portfolio.

Emily and Sarah are on the verge of creating one of the most unique models, turnkey STR investing with partners. They have proprietary tech called Superhost Labs. We'll get a first peak and talk about how it all came together with help of their charisma and thought leadership via TikTok.

We love seeing ingredients and ideas not only come together but also work together, just like these two ladies who live it AND breath it and truly understand that you are always just one experiment away.

HIGHLIGHTS OF THE EPISODE:

1:54 The inspiration behind the name

13:10 Developing proprietary tech

22:23 Revolutionizing the turnkey short term rental

KEEPING IT REAL:

1:54 Introduction

6:11 Working together

11:48 What is Superhost Labs?

23:01 Tackling the fundamentals of STR designs

40:12 Most common design mistakes

44:20 How to structure a startup

NOTABLE QUOTES (KEY LESSONS):

“We learned that if you want a good product, there’s a minimum amount you need to invest to make sure your guests are getting a good experience. Hospitality First. Investing second.” - Emily Karnaz

CONNECTING WITH THE GUEST

Website: https://www.karwelldesign.com/services

Facebook: https://www.facebook.com/karwelldesign/

Email: social@superhostlabs.com

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:

https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Hospitable Hosts book: https://amzn.to/3e4LEhE

Instagram: https://www.instagram.com/therealestateexperiment/?hl=en

Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0

#airbnb 

#shorttermrental 

#superhostlabs

One of the most dominant property management softwares is Guesty For Host App which helps  short term rental operators automate their front, middle and back office operation as short term rental hosts regardless of size of their business. As a matter of fact, Guesty for Hosts is the app that we use internally to manage all of our short term rental units that we own and manage.

Guesty for hosts gives new and seasoned operators the ability to synchronize all listings into one place, automate guest communication, easily integrate with the industry's top OTAs, dynamic pricing tools and a selective group of smart lock vendors to truly systematize your daily experiments in the short term rental space. This includes but is not limited to being able to generate income reports, and even the ability to create a direct booking website in less than 5 minutes.

We sit with Markus Nordvik, one of the GMs and masterminds behind the Guesty For Host application. He shares with us the vision of the app and what’s to come as Guesty continues to serve the budding short term rental operator. We're also hosting Alex Sabio - a real estate investor who's been using Guesty For Host in his latest experiments. He'll share his insights  on how he leverages Guesty as a growing operator with a full time career in healthcare.

In the lab we can say Guesty for hosts has helped us elevate our STR experiments  but don’t take it from us, take it from the experts & practitioners themselves in this episode with Markus and Alex. 

HIGHLIGHTS OF THE EPISODE:

7:24 Experience as a Guesty For Hosts user

17:51 Guesty for Pros app

24:10 Tips for new Guesty For Hosts app

KEEPING IT REAL:

0:54 Introduction

3:32 Getting into short term rentals

9:33 Favorite feature of the guesty for host app

14:43 Gaps missed or available

20:57 Who's the Guesty for Pro app for

22:32 Other elements are missing from the app

NOTABLE QUOTES (KEY LESSONS):

“There are gonna be a lot of different PMSs out there with high level PMSs and then some extremely basic one. But bang for your buck. Guesty For Host does it for me. I don't want it to be complicated. I don't want it to be too basic either. And the price is just right” - Alex Sabio on Guesty For Host app

CONNECTING WITH THE GUEST

Website: https://hosts.guesty.com/

Linkedin: https://www.linkedin.com/in/mnordvik/

Instagram: https://www.instagram.com/the_real_alexsabio/?hl=en

Linkedin: https://www.linkedin.com/in/alex-sabio-06481542/  

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:

https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Hospitable Hosts book: https://amzn.to/3e4LEhE

Instagram: https://www.instagram.com/therealestateexperiment/?hl=en

Apply for an American Express Card with this link. We can both get rewarded if you're approved! http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0

#app 

#shorttermrental 

#brand

How do you build a brand in the STR community, stand out, and make your guests feel even more welcome? This episode, I have the pleasure of stepping into the lab with my man, John Hildebrand, who is all about investing in short term vacation homes away from home while building a  brand in the STR community. His story and approach to build an Airbnb business around an established brand and reputation will inspire you on your journey. From helping others build their brand as photographer to building his own in the short term rental niche, John shares his humble beginnings as a photographer and how that ultimately led him down a path to becoming one of the first Airbnb Brand Ambassadors.

I'm so excited to share this fun talk with John. He's one of the STR community's most original, creative and inspiring entrepreneurs. He'll talk about how he got started in Airbnb as a student with ‘school hacking’, how he moved back home and expanded into Arizona, how he learned heating the hard way (but made it worthwhile!), and how concierge service will be the future of STR. Every superhost will want to hear what he has to say and emulate his energy. Even though he started as a photographer and a student with debt, he made it all work at the end, thanks to his attitude. A perfect reminder that YOU are ALWAYS one experiment away.

HIGHLIGHTS OF THE EPISODE:

19:02 Is it all about location?

34:32 How to Brrrr with numbers

44:40 Airbnb Brand Ambassador

KEEPING IT REAL:

2:35 Audio DMs and reciprocal energy

4:47 John’s Photography background

10:00 Paying the bills and school hacking

12:24 How John got into Airbnb

16:31 Why look at a million houses?

19:02 Is it all about location?

24:28 Moving to Arizona

27:21 Lightbulb moment: Scaling

29:31 Bigger Pockets plus Buy and hold?
34:32 How to Brrrr with numbers

39:37 John’s portfolio

44:40 Airbnb Brand Ambassador

51:44 John’s coaching and webinar

59:16 Three tips from John

CONNECTING WITH THE GUEST

Website: https://www.hildehomes.com/

Instagram: https://www.instagram.com/johnhildebrandsicky/?hl=en

YouTube: https://www.youtube.com/channel/UCtSryk8gxjf8i4CEu5whRng

Facebook: https://www.facebook.com/hildehomes

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:

https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Hospitable Hosts book: https://amzn.to/3e4LEhE

Instagram: https://www.instagram.com/therealestateexperiment/?hl=en

Apply for an American Express Card with this link. We can both get rewarded if you're approved! http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0

#business
#vision
#alignment

Ryan Webster is a multifamily investor and operator. Before he began working in real estate, Ryan enjoyed the opportunity to build things and sell them off. But then he reached a turning point in his mid-life journey (a crisis, if you will); something was still missing, and that time with his family. In our path to provide and pursue excellence, it's easy to lose sight of why you are doing it in the first place. So he pivoted towards investment and managed a way to make passive income while also investing alongside other strategic partners who shared his commitment to excellence. That is how Equity Yield Group exists today.

Equity Yield Group’s aim is one of the most prominent and trusted real estate investment firms specializing in institutional grade multifamily assets. What makes them different is their groundbreaking formula. Their company provides clients with robust, calculated returns without losing sight of our ultimate goal; preserving capital. They can afford to make strategic investments without risking too much, thanks to Ryan’s diverse experience. Come listen to how it all came together. Journey with us from Ryan’s ups and downs, family life, and failures. When you hear his story you won’t ever want to give up in your respective lab, because like Ryan, you’re always just one experiment away.

HIGHLIGHTS OF THE EPISODE:

6:06 -What makes equity yield different from everybody

13:22 -Renovation Bump

37:17 -Managing a fund/portfolio

KEEPING IT REAL:

0:30 - Introduction

2:57 -Ryan's Story

3:50 -Equity Yield Group

9:23 -Range of rates

15:09 -Why Florida

17:13 -Operator experience

18:35 -Passive investors

20:09 -Third party applications

21:26 -Referrals

24:59 -How to get more investors

26:57 -Finding the right business partner

28:12 -What makes things work with your business partner

29:27 -Opportunities of Ryan's business

33:50 -Future of Equity Yield Group

NOTABLE QUOTES (KEY LESSONS):

“There's some different benefits for investors investing in a fund. Beyond diversification, you also kind of get the benefit of being able to kind of invest in a time machine. Because if you're coming into a fund that already has assets that were purchased with cheaper debt, uh, before rates started going wild, those deals are gonna have higher cash flow cash flow.” -Ryan Webster

CONNECTING WITH THE GUEST

Website: https://www.linkedin.com/company/equity-yield-group/?trk=similar-pages

Facebook: https://www.facebook.com/pages/category/Real-Estate-Investment-Firm/Equity-Yield-Group-104940504437848/

YouTube: https://www.youtube.com/channel/UC4aRGm_b8VPbBKxMqZ_qYIw

LinkedIn: https://www.linkedin.com/in/ryan-webster-3104841a9

#Multifamily 

#Syndication 

#Investing

Sometimes we are pulled in many directions when pursuing our goals. If you have a lot of projects on your plate, you need to find the most efficient way to work so that you can stay sane and maintain momentum. Don’t let the overwhelm break you, instead break all your goals down into manageable chunks. I mentioned a book that teaches the importance of mapping out your NEXT 15 MOVES. After all, if you want X Y Z then you have to work on A B C first.

This is where prioritization comes in handy. It helps you organize your thoughts and take action by focusing on what's important first. It can be easy to get sucked in wanting to try everything, but in the lab, you need to work effectively and efficiently. You want to be able to experiment strategically. And then come back with a solution after developing an understanding of what is required to solve the long-term goal. This is where tools like reverse engineering, accountability, and restructuring can allow you to surpass your goals as it relates to the direction you’re headed.

No matter how many steps you have to get to point Z, it won’t feel as overwhelming when your goals are mapped out because you get to be more conscious about each step. The whole point is to experiment, fail, learn and repeat; and when you do this enough times - you’ll surpass what you envisioned. Remember you’re just one experiment (at a time) away.

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:

https://experimentrealestate.com/hospitable-hosts

Subscribe to our Youtube channel!

Podcast: https://podcasts.apple.com/us/podcast/real-estate-experiment/id1341895972

Instagram: https://www.instagram.com/therealestateexperiment/?hl=en

Apply for an American Express Card with this link. We can both get rewarded if you're approved! http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0

#goals 

#accountability 

#experiment

This episode is to remind us all in our respective labs that often we are closer to our goals and dreams than we think. Most importantly it’s important for us to remember that on the other side of our goals exists a resource, person, insight, idea or piece of information that we don’t know that will help us get over the huddle. It’s important that we face this opportunity starting with WHO not HOW.

In the short term rental space, as a virtual airbnb superhost, the answer to our problems is usually just one call away. Whether it’s a plumber, contractor, manager or even a runner, the solution should never start with “I”...it should always start with ‘who.’

You can apply the same concept in your bigger experiments. To overcome the obstacle and or simply get over the otherside – in this day and age, your answer may truly be just a call away…to a mentor, paying for a consult or simply asking someone who’s been in the exact place you want to be in like some of the guests that I feature on this podcast.

So reflect and think, what is it that I am trying to accomplish and who can help? Am I just one call away or one experiment away? Chances are you might be.

The answer may not always lead you to the first major win in your lab but every question and experiment gets you closer. Remember you don't have to win all your fights; neither do you have to fight them alone, but you must fight all of your fights. So ask yourself, are you asking who?

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:

https://experimentrealestate.com/hospitable-hosts

Subscribe to our Youtube channel!

Podcast: https://podcasts.apple.com/us/podcast/real-estate-experiment/id1341895972

Instagram: https://www.instagram.com/therealestateexperiment/?hl=en

Apply for an American Express Card with this link. We can both get rewarded if you're approved! http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0

#responsibility 

#shorttermrental 

#experiment

As short-term rental hosts, we are no stranger to mistakes. Humans make mistakes, it's normal but when they keep happening over and over again, then we're not being careful enough. Even though some mistakes may not be your fault, there is still something that you contributed to whatever happened - and ultimately, these choices are yours and yours alone to shoulder; nobody else's. Not to punish yourself or anybody, but to build on, and that’s ownership. When you deflect responsibility you are missing out on opportunities for change in the future.

When we had our new car broken into after our honeymoon, I wondered what precautions I could have taken. It also taught me that there are people in the world that understand taking ownership, and it helps if we do too. There are many different pieces involved with hosting guests remotely - so many variables and people to take responsibility for. So you’ve got to do your due diligence. In business as well- accountability is an important value, whether it be towards your work, business or dreams. It goes all the way from customer service to our ticket flight disaster, to taking ownership for your dreams. Always remember you are one experiment away from your dreams. Let’s build.

Subscribe to our Youtube channel!

Podcast: https://podcasts.apple.com/us/podcast/real-estate-experiment/id1341895972

Instagram: https://www.instagram.com/therealestateexperiment/?hl=en

Apply for an American Express Card with this link. We can both get rewarded if you're approved! http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:

https://experimentrealestate.com/hospitable-hosts

#ownership 

#accountability 

#responsible

What is the difference between staying in Airbnbs vs staying at hotels? And if you stay at both, can you take some elements from both that work in both places? Typically, it's all about an experience that is convenient.

Think about who your customer is and what they're looking for. Hotels usually have a concierge that makes guests feel taken care of plus room service and valet. An Airbnb host might find ways to provide those things too - like meeting up with guests before they arrive or doing a consult session before arriving.

Using both types of accommodations can provide us insight into where we can improve upon traditional hotel offerings. If you are hosting remotely like we do, these insights will come in handy - do your guests prefer privacy or would they like to receive personalized luxury services when they check in?

When it comes down to it, privacy is one big element that elevates an Airbnb from regular accomodation to a premium product. Just remember there's always going to be tradeoffs between 'hands-on white glove' service and giving guests a lot of space. Figure out which side of the coin suits you best as an Airbnb host.

What's important here is understanding which aspects of each hospitality type you can apply to fill in those gaps so you've got everyone covered. Let's build.

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me:

https://experimentrealestate.com/hospitable-hosts

Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment

Hospitable Hosts book: https://amzn.to/3e4LEhE

Instagram: https://www.instagram.com/therealestateexperiment/?hl=en

Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0

#airbnb

#hotels

#hospitality

Travis Smith is the Founder and CEO of Tribevest, a platform that makes it easy to invest as a group and do deals together in as little as 48 hours. He started his career with Morgan Stanley but realized the most direct path to wealth and financial freedom wasn’t as an individual. The path is as a group, as a tribe. Travis is obsessed with building a platform that standardizes, streamlines, and ultimately de-risks group investing. He won’t stop until every single deal on and off the internet is an opportunity for a multi-player experience.

Before building Tribevest, Travis was a top financial advisor at Morgan Stanley. Armed with his wealth management training, he became a thought leader in the FinTech industry focused on digital payments. He led the Strategic Alliance team at Jack Henry & Assoc., a multi-billion dollar FinTech company and core software for thousands of banks. Through these experiences, he discovered it was exponentially more fun to disrupt the reigning wealth management institutions than to be part of them. Through Tribevest, Travis seeks to empower everyday people through accessible group investing.

Travis and Tribevest have been recently featured on TechCrunch and ColumbusInno after raising $3m for Tribevest’s collaborative investing program.

Join us today and let us all learn why doing deals together as a tribe is the path to wealth and financial freedom and how Travis was able to build platforms that made group investing accessible to anyone.

HIGHLIGHTS OF THE EPISODE:

03:17 -CreatingCollaborative Investing company

07:38 -Creating a momentum that leads to investment

11:15 -Getting Incremental step

13:39 - The First Deal

KEEPING IT REAL:

17:00 - Fun of Being an Entrepreneur

20:08 - Getting the Threshold

21:10 -Learning and Growing

28:30 -What is Tribevest?

35:51 -Putting deals on the internet

41:55 -Tribevest’s Mission

43:43 -What your Tribe represents

46:00 - Connecting with the guest

NOTABLE QUOTES (KEY LESSONS):

“There's deals all around you. But, unless you tell somebody that you are an investor, unless you tell somebody that you're out there looking for deals, you never know where those deals are.” -Travis Smith

CONNECTING WITH THE GUEST

Website: https://www.tribevest.com/

Facebook: https://www.facebook.com/tribevest

YouTube: https://www.youtube.com/channel/UC5o_sFxVQb5mvCLlaIcG3DQ

LinkedIn: https://www.linkedin.com/company/tribevest/

Instagram: https://www.instagram.com/tribevest/

Twitter: https://twitter.com/tribevest

LinkedIn: https://www.linkedin.com/in/travissmithmovethechannel/

#CollaborativeInvesting 

#Tribevest 

#GroupInvesting

Nancy is a physician, eye surgeon, and real estate investor. As a graduate of Yale University and Harvard Medical School, she currently lives in Atlanta, Georgia with her husband and two young daughters. As an ophthalmologist, she helps people see better so they can regain their identity, dignity, and vision for the future. Nancy started investing in real estate to create passive income, hoping to regain control of her time and stop trading time for money. She currently owns and operates a real estate investment portfolio in the Atlanta area.

She founded Clear Vision Capital Group to not only grow her own portfolio, but also to help  others realize the power of real estate investing. She is passionate about helping others,  especially physicians, gain financial literacy and achieve financial security through real estate investing. As an impact investor, Nancy believes that real estate investing can deliver attractive financial  returns while also making a positive social impact. Part of the profits from her company is  donated to give the gift of sight to someone in need. Using real estate, she’s on a mission to  cure preventable blindness globally.

Join us in the lab today as Nancy shares the importance of real estate investing and how this can help in achieving cash flow and financial security for everyone.

HIGHLIGHTS OF THE EPISODE:

03:07 -Background of the guest

07:57 -Learning Process

12:09 -Introduction to Real Estate

14:40 - Started Buy and Hold Investing

18:45 - Analyzing a Property

20:14 - Capex

KEEPING IT REAL:

22:41 -Financing

24:38 -ROI and ROE

26:37 -Multifamily Syndication

29:57 -General Partner vs Limited Partner

32:30 -Residential vs Commercial Real Estate

34:11 - Active vs Passive Investing

39:20 - Make money work for you

45:08 - Why Invest as a limited partner

49:33 - Cash Flow

57:43 - Roles a sponsor should have - Airplane Analogy

59:52 - Putting together a team

1:02:32 - Importance of Relationships

NOTABLE QUOTES (KEY LESSONS):

“No matter what you do in this investing space, get educated. There's no better investment than to get educated. No one can take that away from you. And the more educated you are, the more confident you are. But with that education, you have to take action.” - Dr. Nancy HuynhNancy Huynh, MDNancy Huynh, MD

CONNECTING WITH THE GUEST

Instagram: https://www.instagram.com/_clearvisioninvesting/

Facebook: https://www.facebook.com/clearvisioninvesting/

LinkedIn: https://www.linkedin.com/in/nancyhuynhmd/

Website: https://clearvisioninvesting.com/

Sign up for a Free Course: https://clearvisioninvesting.com/

#BuyandHoldInvesting 

#MultifamilySyndication 

#GeneralandLimitedPartner

Bailey is a Real Estate Investor, a young budding Entrepreneur, and a college drop-out. He started his career at just the ripe age of 20 while studying, taking calls and reservations in the middle of class. He began to ask ‘why?’ when he’s earning so much already. Bailey was one semester away from graduating college then he decided to drop out. It’s an incredible story. No one approved, especially his parents. There was so much uncertainty getting into real estate at his age, and of course a college degree naturally felt like a safer, more necessary option.

This decision ended up taking him to great success and he credits it all to networking. Bailey didn't have the knowledge, he started from scratch but with the courage to take that one step forward without any guidance, he found & created connections that got him to where is today. If it’s already difficult to network as an adult, it’s twice as difficult to do as a college drop out. But again, Bailey made it work. In this episode, Bailey tells his story on how networking is very crucial. He also shares real life proof of how he did it and everything else he’s learned and improved on since starting, from STR, to financing, to price experimentation.

This talk at the lab with Bailey will show us what networking means to him, and why it's so important. He believes that without networking, you wouldn’t have the experience or knowledge to know what you need and want with whatever industry you are in. Bailey is a living, breathing proof that networking is not only a concept but actually a necessary foundation to build great success upon. So let's get your pen and paper, listen, and let’s build y’alls network.

HIGHLIGHTS OF THE EPISODE:

8:24 - Thought process

14:57 - Networking as a student

16:49 - Reaching out to podcasts guest

KEEPING IT REAL:

2:38 - Bailey's Story

3:07 - Rich Dad Poor Dad

6:09 - How did you manifest your vision

11:16 - Feedback from decisions

12:17 - Before and After doing Real Estate

21:48 - Who introduced you to real estate

24:25 - Short Term Rental

29:33 - Financing the property

31:32 - House Rehab duration

34:12 - Price Experimentation

37:37 - Setting the minimum

42:02 - Plans for the future

43:01 - Co-hosting Properties operations

48:57 - Future Projections

NOTABLE QUOTES (KEY LESSONS):

15:12

“I don't have enough money. I don't have enough credit score. I don't have experience with all those things. [But] If you just find people who have those things, your issues are solved” - Bailey Kramer

CONNECTING WITH THE GUEST

Instagram: https://www.instagram.com/the_bailey_kramer/?hl=en

LinkedIn: https://www.linkedin.com/in/bailey--kramer/

Website: https://www.baileykramer.com/

#network 

#podcast

#realestate

This episode is brought to you by our team at InvestedTalent.com a sponsor of the new amazon best seller book: Hospitable Hosts.

Invested Talent is the same agency Ruben founded that produces The Real Estate Experiment show, we are not only honored to have sponsored this book but we are also excited to launch the Hospitable Host podcast coming soon.

Today, the team has the pleasure of producing an episode where Ruben read chapter 26 of the Hospitable Host book (Repurposing A House Into a Home) for those who enjoy listening vs. reading. As an audible fan himself, Ruben went along and recorded some additional dialogue & insights to his chapter as bonus content not found in the book to fully serve the experiment nation community.

Tune into this one to learn how you can repurpose your house into a home and become a hospitable host, you don't want to miss this one.

And if you have yet to claim your physical copy and would like to benefit not only from Ruben's chapter but the other 30+ hosts from around the world. Make sure you get your copy here.

https://amzn.to/3NgeTKK

If you're looking to launch your own show or audible, reach out to our team at InvestedTalent.com and book a discovery call here: https://investedtalent.com/schedule-a-call/

#repurposed
#housetohome
#therealestateexperiment

Heather Dreves is a fund manager that specializes in private real estate funding. She has been in the industry for over seventeen years and has raised over $300 million dollars in her time with Secured Investment Corp, for investors for dozens of different projects.  She believes in building relationships with both investors and real estate developers, which is one of the reasons her fund has grown so much over the years and she is an expert at helping property owners achieve their goals of exiting their businesses and real estate investments.

In this episode, Heather shares her insights about the industry and their unique funding plan as a company. Private funds are an alternative to public equity investing. There are many potential benefits to private fund investing, such as higher returns and lower volatility than in the public markets. Private equity firms may have an experienced management team and valuable industry expertise, but like all investments, there are some risks involved.

This is where Heather comes in. She’ll detail the ins and outs of private funding and why due diligence is so important no matter what type of funding you choose. The lab is full of great insight from industry experts and this episode is no different. Let’s build.

HIGHLIGHTS OF THE EPISODE:

18:16 - Short Term Loan

23:20 - Idea behind our funding services

29:40 - Funding vs Multifamily syndicators

KEEPING IT REAL:

3:17 - Private Real Estate Funds

5:54 - Residential Real Estate

10:33 - Fund Managing

12:40 - What happens when demand increases

16:15 - Who is not private funding for

34:23 - Bad fund operators

37:11 - Notes or deeds of trust

43:35 - Considering short term rentals

NOTABLE QUOTES (KEY LESSONS):

43:44

”Whether it's properties we're buying or loans we're originating. One of the things as a fund management team that we've experienced for all these years [is that] we're only as good as the exit.” - Heather Dreves

CONNECTING WITH THE GUEST

Website: https://securedinvestmentcorp.com/

LinkedIn: https://www.linkedin.com/in/heather-dreves-6204a242/

#privaterealestatefunding

#privaterealestate

#realestateexperiment

In this episode, we are repurposing everything in the lab including this episode. We’ve used the word ‘repurpose’ SO many times, it has become one of our core values that we share with experiment nation and our clients at investedtalent.com and today we have the pleasure of having Hani Mourra who shares these same core values with us that he went as far as creating a well known product to help content creators and thought leaders repurpose their content via repurpose.io.

Hani Mourra is a software engineer turned entrepreneur. And in the process of geeking out as a content creator, Hani found a niche that combined his engineering experience and his tenured love for technical automation. He started his journey with a simple WordPress plugin. Soon his friends kept asking for his expertise to make their podcast publishing easier. His vision began to form and his interest in technology sparked an idea. This was the moment repurpose.oi was born.

Repurpose.io is a tool that allows content creators to easily automate and build their assets to improve their workflow. He believes that content creation should be easy, playful and fun. Hani had the goal to ‘make it fresh’, make it work and remove all the hassle in between. From plugins to content repurposing, Hani has always thrived in building software that solves digital solutions.

Many marketers know that content has a shelf life. We have to continue finding new ways to keep that content relevant in the overwhelming waves of digital marketing. It’s all about finding the right tool.

If you are planning to create your social media content efficiently AND effortlessly, the lab is exactly the right place for you. Watch the episode and learn all about the tool that can change your social media content game. Let’s build!

HIGHLIGHTS OF THE EPISODE:

16:02 - The Start of the repurpose.oi
24:20 - The Social Media that gets the most traction
34:19 - How to use repurpose.io efficiently
37:38  - How to build your own software

KEEPING IT REAL:

03:41 - Hani’s Story
05:53 - Blogging while working
07:39 - User experience feedback
11:02 - Choosing the right decisions
12:57 - Strategy of your idea
14:00 - What makes content creation difficult
15:15 - Features of the product
19:44 - Target for your product
23:32 - Plans for the future
28:26 - Tiktok Integration
32:17 - Most traction of your product
41:00 - Baseline costs of making your own software product
43:35 - Building a brand to connect with people
45:23 - Problems encountered
46:42 - Coming up with the brand name
48:34 - Knowing what you want to do in life
49:37 - How many users are on the platform
50:13 - Users' testimonials

CONNECTING WITH THE GUEST
Website: https://repurpose.io/
LinkedIn: https://www.linkedin.com/in/hanimourra/?originalSubdomain=ca
Facebook: https://www.facebook.com/hanimourra

#Contentrepurposing
#Repurposeio
#Therealestateexperiment