Episodit
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In this weeks episode Emanuele Pani, sits down with Wil Slickers, an influential figure in the short term rental (STR) industry. They delve into the latest Airbnb updates, discuss the future of short term rentals, and the evolving landscape with Airbnb’s new initiatives aiming towards a more experience-based, guest-centric model. Wil, with a background in podcasting and STR management, shares insights on industry growth, the importance of stepping out of industry silos, and the significance of embracing a broader business perspective. He touches on the concept of 'amor fati' in personal resilience and discusses Airbnb's shift towards becoming a social media platform. The dialogue also covers the importance of diversifying STR business models beyond just Airbnb optimization, the benefits of adopting new technologies like AI for enhancing guest experience and operational efficiency, and finally, offers advice on maintaining balance and purpose in the fast-paced STR industry.
00:00 Unlocking the Secrets of Short Term Rental Success
00:24 Meet the Hosts: Mike Sjogren and Emmanuel Connie
00:51 The Power of Short Term Rentals: Insights and Updates
01:05 Deep Dive with Will Slickers: Airbnb Updates and Future Predictions
02:01 Embracing Amor Fati: Finding Joy in Every Situation
03:15 Exclusive Interview: Will Slickers on Growth, Hotels, and Airbnb's Future
05:51 The Evolution of Airbnb: From Rentals to Social Media Giant
20:38 Leveraging Technology: Bestie AI and the Future of Guest Experience
27:33 Cultivating Balance and Success in the STR Industry
31:37 Final Thoughts and How to Stay Connected
Wil Slicker's Bio
Wil Slickers is the Founder of Hospitality.FM - A podcast network and production company that services industry professionals. From hosting a podcast, producing multi-media, and even making your own audiobook come to life, Wil and the HFM team are extremely passionate about using their platform to amplify the right voices in Hospitality. Wil is also the Co-Founder and Chief Hospitality Officer of Recreation Rentals, while also serving as a podcast host and creator of The Destinationaire Awards & Industry Concept. He brings a fresh perspective to the tourism, hospitality, and service industries and lives by the principle of "Exceeding Expectations and Creating Destinations." In addition to running his network of podcasts, Wil advises other hospitality brands through his advisory company, Good Morning Startups, such as a Treehouse/Glamping company based in California, an AI company helping operators do more than just communicate with their guests, and many more. Wil began his career working for a Marriott Autograph Collection with over 700 rooms, which was a 4 Diamond property. Later, he managed an all-suite hotel on the Oregon Coast before transitioning to full-time self-employment and entrepreneurship through his podcast(s) Slick Talk: The Hospitality Podcast & Good Morning Hospitality, which have done over 3M all-time downloads.
Connect with Wil
https://www.linkedin.com/in/wil-slickers/
Connect with the Hosts
Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin
https://linktr.ee/mikesjogren
Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin
Watch Mike's free masterclass training on www.strsecrets.com/masterclass
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In this episode of the short term rental secrets podcast, hosts Mike Sjogren and Emanuele Pani welcome Jamie Gruber, a former corporate exec who radically changed his life to pursue a career built on passion and purpose. Gruber delves into his journey from feeling stuck in a high-paying but unfulfilling job to embracing entrepreneurship and finding fulfillment in helping others through community-building and real estate. He shares insights on the importance of action over inaction, the inevitable nature of pivots in any career path, and the fear of dying with potential untapped. The discussion also touches on practical tips for networking, building meaningful relationships, and living a life of intentional imbalance, aiming for long-term fulfillment rather than daily equilibrium. Gruber's story is a testament to the transformative power of stepping out of comfort zones, the importance of community support, and the pursuit of a life that truly aligns with one's passions.
00:00 Confronting Life's Biggest Fear
00:27 Introduction to the Short Term Rental Secrets Podcast
01:12 Embracing Life's Seasons and Finding Your Groove
06:33 Jamie Gruber's Journey from Corporate to Freedom
11:29 The Power of Community and Belief in Yourself
23:37 Mastering Podcasting: Building Relationships and Leveraging Opportunities
26:49 Living Intentionally: Structuring the Perfect Week
28:35 A Day in the Life: Balancing Family, Fitness, and Work
29:09 Crafting Content and Engaging with the Audience
29:49 Weekend Family Time and Community Engagement
30:51 The Quest for Balance: A Lifelong Journey
35:03 Navigating Work-Life Integration and Communication
36:21 Leveraging a Virtual Assistant for Family Harmony
38:47 Mastering the Art of Connection and Networking
46:05 Embracing Change and Finding Your Song
52:27 The Secret to Success: Ready, Fire, Aim
Jamie Gruber's Bio
In 2018, Jamie Gruber was an insurance executive who stated a vision for his life to his co-workers to 'travel for 3-4 months a year with his family to any destination. He was laughed at. Through that experience, he learned the power of proximity and surrounding himself with growth-minded individuals. Fast forward 3 years, and Jamie became a millionaire, left his high-paying W2 behind, and realized his vision and then some by moving to the Dominican Republic so he and his family could experience a different culture and language. Today Jamie runs a community called a Gobundance Emerge which has produced over 40 millionaires. He is also the host of the Tribe of Millionaires podcast from Gobundance and is a member ambassador for Gobundance - a high-net-worth entrepreneurial mastermind group. In addition, Jamie is a partner with Quantum Capital, a value-added multifamily investment firm with $200m in assets under management.
Connect with Jamie
www.youtube.com/@thejamiegruber
www.instagram.com/thejamiegruber
Connect with the Hosts
Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin
https://linktr.ee/mikesjogren
Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin
Watch Mike's free masterclass training on www.strsecrets.com/masterclass
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In this episode, hosts Mike Sjogren and Emanuele Pani, interview David Valley, discussing his unique path to financial freedom via real estate investing, particularly focusing on short-term rentals. David shares his background from humble beginnings, overcoming challenges, and eventually finding success in real estate without owning the properties himself. The conversation explores his foray into entrepreneurship, transitioning from the corporate world to real estate investing, and leveraging strategies such as BRRRR to build a significant portfolio. Additionally, David discusses the impact of personal development on his success, emphasizing the importance of working on oneself, taking decisive actions, and the power of networking. Insights into the importance of having a passion and purpose, along with the concept of achieving balance and flow in life, are core themes of the discussion. The episode conveys a message of resilience, the importance of self-improvement, and strategic thinking in the journey to financial independence.
00:00 Unlocking Financial Freedom Through Real Estate
00:45 Introducing David DJ Downs: A Journey from Struggle to Success
01:41 David's Real Estate Origin Story: From Humble Beginnings to Financial Freedom
07:14 Scaling Up: The Shift to Large-Scale Real Estate Investments
09:59 The Power of Self-Development in Achieving Success
10:59 Navigating Challenges and Opportunities in Real Estate Investing
15:10 Expanding Horizons: Diving into Distressed Assets for Higher Returns
18:38 Adapting to Economic Changes and the Importance of Debt Strategy
19:36 The Role of Personal Development in Real Estate Success
21:55 Unlocking Your Potential: The Power of Mindset and Frequency
24:02 The Entrepreneurial Journey: Challenges and Mindset Shifts
29:23 Finding Balance and Purpose in Entrepreneurship
38:39 The Secret to Success: Taking Action and Embracing Failure
40:52 Exploring the Short-Term Rental Market: Strategies and Insights
David Valley's Bio
David Valley is an established commercial real estate investor with a diverse portfolio of over 1000 units spanning multi-family properties, strip centers, and mobile home parks. Presently, he is overseeing the transformation of a prominent commercial building in downtown Louisville, KY, into 10 upscale Airbnbs. David's extensive experience includes managing approximately $100 million in commercial real estate assets.
Connect with David
https://www.instagram.com/therealdavidvalley
Connect with the Hosts
Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin
https://linktr.ee/mikesjogren
Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin
Watch Mike's free masterclass training on www.strsecrets.com/masterclass
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In this episode of the Short-Term Rental Secrets podcast, hosts Mike Sjogren and Emanuele Pani share their journey from humble beginnings to becoming pioneers in the short-term rental industry through a niche known as short-term rentals, stressing the importance of building a portfolio that aligns with personal goals for time freedom. They advocate for the community to leave reviews to help grow the podcast's reach. The episode recaps a recent boardroom event, highlighting discussions on the benefits of the Casper method for scaling businesses, insights from commercial broker Earl Wasson on acquiring and structuring deals, the significance of setting high standards within the industry, and comprehensive workshops with Wendy and Jay Papasan on prioritizing tasks to achieve business and personal growth. The importance of a strong self-image and maintaining a healthy environment to support personal and professional development is also touched upon. The hosts emphasize the value of the mastermind group in fostering a support system among high-level operators and share key takeaways from the event aimed at inspiring listeners to elevate their businesses and personal lives.
00:00 Reflections on Making Life Count
00:20 Introduction to Short-Term Rental Nation
00:52 Growing the Podcast: A Call for Reviews
01:44 Diving into the Episode: Welcome and Updates
03:29 Recapping the Boardroom Event: Insights and Strategies
08:07 Deep Dive into Seller Financing and Real Estate Strategies
15:32 Mastermind Highlights: Hot Seats and Community Standards
21:19 Workshops and Mindset Shifts: Learning from the Experts
30:10 Closing Thoughts and Gratitude
Connect with the Hosts
Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin
https://linktr.ee/mikesjogren
Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin
Watch Mike's free masterclass training on www.strsecrets.com/masterclass
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In this episode of the Short Term Rental Secrets Podcast, hosts Mike Sjogren and Emanuele Pani welcome Brad Flanagan, a real estate and finance expert, to share insights on achieving success in the real estate market. The conversation highlights the importance of strategic investment approaches, such as diversifying portfolios across different real estate sectors and understanding how to effectively negotiate with banks to finance properties. Brad shares his journey from an army veteran to managing an extensive portfolio across various states, emphasizing learning and adapting strategies suited to different market conditions. The episode also delves into the nuanced aspects of securing loans for real estate investments, suggesting that potential investors should present well-prepared pitches to banks, reflecting on both personal financial statements and the projected performance of the investment properties. Additionally, Brad and the hosts discuss maintaining balance amidst busy professional and personal lives, advocating for resilience, continuous learning, and leveraging networks for growth in the real estate domain.
00:00 Unlocking Real Estate Investing Secrets: The Cash on Cash Approach
00:20 Welcome to Short Term Rental Nation: Our Journey and Philosophy
01:27 Life Lessons and the Power of Discipline
05:00 Insights from a Mortgage Expert: Navigating Bank Negotiations
07:07 Deep Dive with Brad Flanagan: Strategies for Diversification and Financing
37:13 Achieving Balance in a Busy Life: Insights from Brad Flanagan
41:49 Final Thoughts and Encouragement for New Investors
Brad Flanagan's bio
Brad Flanagan is an army veteran from Chicago. He became a mortgage banker after being back from Afghanistan. He built an approximately $17 million portfolio in seven years. Brad currently has short-term rentals in Nebraska, Arizona, and Colorado.
Connect with Brad
www.facebook.com/brad600
https://www.instagram.com/mr_flipping_flanagan?igsh=dnp0OWx2MHU4aDA4&utm_source=qr
https://www.tiktok.com/@flanaganstrategies?_t=8lZvwegAsCQ&_r=1
Connect with the Hosts
Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin
https://linktr.ee/mikesjogren
Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin
Watch Mike's free masterclass training on www.strsecrets.com/masterclass
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In this episode of the Short Term Rental Secrets podcast, Mike Sjogren and Emanuele Pani, sit down with Austin Palacios who shares his transition from wealth management to successful real estate investing, highlighting his strategies in hiring, team building, and scaling his portfolio in short-term rentals across various locations. Focused on the niche of short-term rentals, they discuss the unconventional yet successful path to financial freedom through investing in properties they don't own. The conversation includes insights from an event with their mindset coach, Dave Conway, emphasizing personal growth, the power of networking, and the potential of innovative ideas in seemingly impossible settings. They also cover the importance of mindset, branding, the reality of scaling a business, and maintaining life balance while pursuing entrepreneurial goals. You don't want to miss this episode!
00:00 The Journey Begins: Obsession and Dedication
00:18 Introducing the Short Term Rental Nation
01:02 The Power of Events and Personal Growth
02:06 Inspiration from the Unlikely: A Sphere in Vegas
06:45 Scaling Real Estate Dreams: From Chicago to Florida
09:51 Building a Short Term Rental Empire: Strategies and Insights
17:11 The Art of Co-Hosting and Establishing Authority
20:55 Focusing on Sales and Growth: The Backbone of Success
23:12 Unlocking Success Through Persistence and Attitude
24:04 The Power of Generosity in Business
25:25 Adding Value: The Key to Business Growth
28:16 Building a Personal Brand in Real Estate
30:27 The Journey of Personal Branding and Content Creation
35:24 Finding Balance in Entrepreneurship
39:56 Launching a Unique Podcast: Breaking Social Norms
42:27 The Secret to Success in Short Term Rentals
Austin's Bio:
Austin Palacios is a short-term rental (STR) investor based in West Palm Beach, FL with a background in Wealth Management. He transitioned to investing full-time in short-term rentals back in 2021. He co-founded a management company for Short-term rentals based in South Florida. When Austin was building the management business, he developed creative systems and processes to acquire management clients, which allowed him to scale quickly. Leading him to develop Co-Hosting Acquisitions. A mentorship program where he coaches STR investors on how to acquire management clients. He now hosts “The Austin Palacios Podcast” where he is leading a movement to break society misconnections that have been bestowed on us since the beginning of time and allowing Real Estate investors & Entrepreneurs from all walks of life to speak up on the topics that society limits us on speaking about.
Connect with Austin:
https://www.instagram.com/austin__palacios/
Connect with the Hosts
Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin
https://linktr.ee/mikesjogren
Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin
Watch Mike's free masterclass training on www.strsecrets.com/masterclass
Learn more about your ad choices. Visit megaphone.fm/adchoices -
Webinar link: hotels.strsecrets.com
In this episode of the Short Term Rental Secrets podcast, hosts Mike Sjogren and Emanuele Pani discuss strategies for achieving financial and time freedom through short term rentals and transitioning into owning boutique hotels. They stress the importance of scaling business, building repeatable processes and systems, and hiring the right people to achieve autonomy from day-to-day operations. The episode delves into Mike's and Emanuel's journeys as real estate investors without traditional backgrounds, highlighting their shift from conventional real estate to mastering the short term rental market, a niche enabling them to fund their freedom without owning properties directly. They introduce an upcoming live training focused on the transition from STRs to boutique hotel hosting, sharing lessons, mistakes, and insights from their experiences and those of boardroom members who've successfully made the transition. Furthermore, the podcast covers personal reflections on growth, life changes, the significance of doing hard things, and the necessity of having hard conversations for personal and professional advancement.
00:00 Unlocking Financial and Time Freedom Through Business Scaling
00:22 Introduction to Short Term Rental Nation: The Unconventional Path to Freedom
00:55 Exclusive Live Training: Transitioning to Boutique Hotels
01:57 The Power of Unplugging: A Personal Journey
05:14 Reflecting on Life and Business: The Importance of Quarterly Reviews
08:09 Building a Business That Works for You: The Ultimate Goal
12:51 The Essence of Extreme Ownership and Designing Your Perfect Week
15:33 Maximizing Productivity: The Two-Week Time Study
16:15 Discovering Inefficiencies and Planning Your First Hire
18:09 The Power of Awareness and Intentionality in Time Management
19:27 Facing Reality: The Importance of Budgeting Time and Resources
22:04 Embracing Change and Difficult Conversations for Personal Growth
25:58 The Courage to Step Into the Unknown: Personal and Professional Growth
29:11 Transitioning from STRs to Hotels: A Webinar Announcement
31:20 Designing a Life You Love: The Ultimate Goal
Connect with the Hosts
Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin
https://linktr.ee/mikesjogren
Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin
Watch Mike's free masterclass training on www.strsecrets.com/masterclass
Learn more about your ad choices. Visit megaphone.fm/adchoices -
In this episode, hosts Emanuele Pani and Mike Riley sit down with Brian Hatcher, and Kyle and Allie Fugatt, delve into the lucrative niche of short term rentals (STRs) and their journey in real estate investing without relying on traditional methods. They discuss the unique approach of rental arbitrage through short term rentals, highlighting the potential for outsized returns and the rapid income growth it offers. The conversation covers the operation of boutique hotels and micro-resorts, emphasizing the importance of community building, both locally through STR meetups and globally, across various locations including the US, Hawaii, Fiji, Canada, Mexico, and the Caribbean. The episode also touches on the significance of mindset in overcoming challenges, the value of integrating family into the business for work-life balance, and the strategic benefits of creating a strong local network through meetups for knowledge sharing and industry collaboration.
Guests' Bio:
Kyle and Allie Fugatt are experienced entrepreneurs and investors with backgrounds in syndications, capital raising, short-term rentals, boutique hotels, consulting, and coaching. They are the owners of Cherokee Rose Homes, a property management company in Blue Ridge, Georgia, and The Mallard Hotel in Copperhill, TN. Brian Hatcher is a seasoned entrepreneur, investor & consultant with a diverse background in accounting, finance, and data & analytics. He is the founder of Elite Escapes, a short-term rental travel company that partners with resorts across the globe. Kyle, Allie, and Brian are all co-founders of The STRategic Investors, a short-term rental meetup company designed to educate current & future hosts as well as elevate the overall quality & standards of the short-term rental industry by offering operators a “meetup in a box” foundation to help them ensure a successful meetup from day one.
Connect with the Guests:
www.thestrategicinvestors.com
00:00 Unlocking Financial Freedom with Short Term Rentals
00:49 Meet the Hosts: Insights and Experiences
01:11 The Power of Mindset in Overcoming Challenges
01:48 Behind the Scenes: The First Three-Person Show
02:06 Expanding the Short Term Rental Community Through Meetups
04:36 The Journey of Launching a Boutique Hotel
08:02 Strategic Decisions in Hotel Management and Design
16:13 Exploring Resort Partnerships and Timeshare Opportunities
21:21 Exploring Global Property Management and Personal Adventures
22:16 The Evolution from Property Management to Developing Micro Resorts
24:33 Launching a Nationwide Meetup for Short-Term Rental Enthusiasts
25:11 The Strategic Investor Meetup: Building a Community and Sharing Knowledge
26:20 Meetup Requirements and Benefits: Fostering a Supportive Community
27:23 Expanding the Meetup Network and Future Plans
36:21 Cultivating Work-Life Balance and Integrating Family into Business
43:44 Final Thoughts and Encouragement for Joining the STR Community
Connect with the Hosts
Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin
https://linktr.ee/mikesjogren
Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin
Watch Mike's free masterclass training on www.strsecrets.com/masterclass
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In this episode of the Short Term Rental Secrets podcast features hosts Mike Sjogren and Emanuele Pani interviewing Blake Dailey, a former Air Force construction project manager turned real estate investor specializing in short-term rentals and boutique hotels. Blake shares his journey from starting with a VA house hack to owning a portfolio of boutique hotels, emphasizing the importance of learning from failures and not rushing the process. He provides detailed advice on estimating renovation costs, managing contractors, and ensuring successful projects through proper planning and budgeting. The hosts also discuss the upcoming boutique hotel conference aimed at educating investors about entering and succeeding in the boutique hotel space. Throughout the episode, the importance of maintaining a work-life balance and being intentional with time management as a business owner is highlighted.
00:00 Embracing Failure and Learning Lessons
00:22 Introduction to the Hosts and the World of Short Term Rentals
01:04 Personal Updates and the Power of Perspective
03:59 Special Guest Introduction: Blake's Journey from Air Force to Real Estate Mogul
07:48 Blake's Evolution in the Real Estate Industry
11:10 The Complexities and Learning Curves of Managing Hotels
16:52 The Importance of Teamwork and Skill Transfer in Real Estate
20:34 Unlocking the Secrets to Finding the Right Contractors
22:00 Navigating Contractor Licenses and Avoiding Costly Mistakes
23:32 The Critical Role of Working Capital in Construction Projects
27:02 Effective Contractor Management and Incentive Strategies
32:26 Mastering Rehab Budgets for Large Projects
36:24 Announcing a Boutique Hotel Conference: A Deep Dive
39:32 Finding Balance in Life and Business After Quitting Your Job
Blake Dailey's Bio:
Blake Dailey began his real estate investing career buying and renovating hurricane-damaged homes in Panama City, FL, and stumbled upon a high cash-flowing short-term rental strategy acquiring houses with ADUs. After surpassing his W2 income with his cash flow, Blake pivoted to commercial multifamily and syndicated his first large apartment deal – a 66-unit in NC. Combining his experience with raising money and doing commercial deals and BRRRRing STR properties, Blake jumped into commercial short-term rentals by converting run-down hotels/motels into renovated boutique hotels. Blake has owned five boutique hotels and a handful of short-term rental homes across California, Florida, and Utah, along with the 66-unit apartment complex. He buys, renovates, and operates boutique short-term rentals.
Connect with Blake:
https://www.instagram.com/blakejdailey https://www.youtube.com/@BlakeDailey
Connect with the Hosts
Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin
https://linktr.ee/mikesjogren
Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin
Watch Mike's free masterclass training on www.strsecrets.com/masterclass
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In this episode, hosts Mike Reilly and Emanuele Pani sit down with, Samuel Mistretta. Samuel discusses the challenges of balancing work with family time and maintaining good health. He dives into the world of short term rentals from his experience, emphasizing on the need to surround oneself with good people and taking action to achieve success. Samuel also shares his journey creating his new business, GoSTR Marketing, a service solution that helps short term rental operators to reach out to their past clients. He provides some key tips and tactics about how one can manually handle marketing until they can afford a product like his. Following an in-depth circular discussion, the hosts conclude by encouraging listeners to reach out to Sam and explore what GoSTR Marketing has to offer.
00:00 Introduction and Personal Struggles
00:22 Meet the Hosts and the Concept of Short Term Rentals
00:59 Guest Introduction and Personal Health Routines
03:11 Life Updates and Introduction of Today's Topic
04:43 Introduction of Guest Sam Estreta and His Marketing Product
05:19 Sam's Journey from IT to Short Term Rentals
07:51 The Birth of GoSTR Marketing
08:59 The Impact of GoSTR Marketing and Its Features
15:01 Advice for Short Term Rental Operators
18:37 Expanding Your Business Portfolio
18:59 Effective Communication Strategies
20:02 Promoting Off-Season Bookings
21:00 Understanding Your Audience
21:53 The Importance of Affordability in Marketing
22:48 Future Goals and Scaling the Business
26:33 Balancing Business and Personal Life
33:39 The Power of Networking and Masterminds
37:19 Final Thoughts and Contact Information
Samuel Mistretta's Bio:
Coming from an IT background, Samuel Mistretta left his W2 in 2022 to grow his STR portfolio throughout the Gulf South. He has since created Go STR Marketing to help fellow STR operators design their ideal lives easier by increasing their direct booking revenue so they can spend more time doing what they want when they want with who they want.
Connect with Samuel:
https://gostrmarketing.com/demo-booking
https://www.facebook.com/samuel.mistretta.1
https://www.linkedin.com/in/samuel-mistretta-0162b71b/
Connect with the Hosts
Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin
https://linktr.ee/mikesjogren
Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin
Watch Mike's free masterclass training on www.strsecrets.com/masterclass
Learn more about your ad choices. Visit megaphone.fm/adchoices -
Mike Reilly and Emanuele Pani sit down with Ruben Kanya to discuss the untapped potential of midterm rentals (MTR) and their advantage in the market. Ruben details his experience in the short-term rental sector, explains his transition to MTRs and why it can be an important strategy for real estate investors. Ruben delves into unique concepts such as calendar management for MTR properties, finding the right asset type, engaging with relocation specialists, and the significance of excellent communication skills. He also shares strategies on managing properties, creating duplicate listings, and pricing units based on home value. You don't want to miss this episode!
To learn more about Mid-term Rental Secrets, visit https://go.strsecrets.com/mtrsecrets
Ruben Kanya's Bio:
Ruben Kanya is a midterm rental specialist and currently invests and manages midterm rentals with his wife and the team he built in Atlanta. He is a licensed realtor in Georgia and Massachusetts and has helped dozens of investors buy, furnish, and manage their short-term and midterm rentals in and out of state while helping host hundreds of families from across the globe.
Connect with Ruben:
https://www.instagram.com/therealestateexperiment/
00:00 Introduction to Calendar Strategy
00:26 Meet the Hosts: Mike Sjogren and Emmanuel Connie
00:48 The Power of Short Term Rentals
01:09 Personal Updates and Excitement for the Show
02:09 Introducing Guest: Ruben
03:40 The Importance of Communication in Business
04:13 Welcoming Ruben to the Show
06:11 Ruben's Journey in Real Estate
08:46 The Importance of Proximity and Action
10:26 The Concept of Midterm Rentals (MTRs)
13:45 The Power of Relationships in MTRs
20:25 Managing Your Calendar for MTRs
26:17 The Importance of Real Estate Fundamentals
26:30 Choosing the Right Asset Type for Real Estate Investment
27:00 Increasing Your Chances of Success in Real Estate
27:18 The Sweet Spot in the Marketplace: Four to Five Bedrooms
27:32 The Challenges and Opportunities of Relocating Families
28:58 The Importance of Being Pet-Friendly and ADA Compliant
29:19 Understanding the Prevalence of Insurance Claims
30:28 The Role of Asset Type in Serving Displaced Families
31:00 The Impact of the Growing Short Term Rental Market
32:23 The Power of Corporate Housing in Midterm Rentals
34:29 Understanding Home Insurance Policies and Claims
46:08 The Importance of Communication in Midterm Rentals
Connect with the Hosts
Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin
https://linktr.ee/mikesjogren
Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin
Watch Mike's free masterclass training on www.strsecrets.com/masterclass
Learn more about your ad choices. Visit megaphone.fm/adchoices -
On today's episode we are joined by Kevin Reardon, a successful hotelier and business owner, to discuss the journey from short-term rentals to hotel ownership. Kevin shares his story of starting in real estate and progressing to the hospitality industry. His wealth of experience allowed him to develop effective strategies for branding, marketing, and hotel operation. Kevin reveals lessons learned, like the importance of a comprehensive and aligned brand identity, the secret to attracting desired customers and reducing acquisition costs, and optimizing the conversion funnel for improved bookings. Another essential point Kevin touches on is the significance of having a robust team, effective systems, and a thorough self-development plan to create a successful business and a life of financial freedom.
Kevin Reardon's Bio
Former Wall Street Attorney turned successful Hotelier, Kevin started in short-term rental real estate in 2005. Kevin managed short-term rentals for 15 years as a side hustle. After leaving Wall Street and going all-in on himself and hospitality, he’s completely re-created multiple motels into gorgeous and incredibly successful independent hotels. In 2023, he exited one of his properties for a multi-million dollar profit. Now, he coaches independent hotel owners across the country on how to start, build, and grow their hotels.
Connect with Kevin
www.instagram.com/kevinreardon
00:01 Introduction and Welcome
00:21 The Importance of Due Diligence in Hotel Investment
00:58 Guest Introduction: Kevin Reardon
01:50 Kevin's Journey into the Hospitality Space
02:28 The Impact of the Great Recession on Kevin's Career
03:04 The Evolution of Short Term Rentals and the Rise of Airbnb
06:01 Kevin's Transition from Attorney to Hotel Owner
06:51 Acquiring the First Motel: A Creative Approach
10:48 The Power of Seller Financing in Hotel Acquisition
14:45 The Success of the First Motel and Expansion into More Hotels
19:32 The Launch of Hotel Accelerator
21:19 The Impact of the Hotel Industry on Personal Fulfillment
22:41 The Power of Self Development and Vision
23:17 The Reality of Owning Multiple Hotels
24:20 The Importance of Building an Effective Team
25:05 The Role of Leadership in Business Success
25:59 The Complexity of Running a Hotel Business
27:31 The Art of Branding and Marketing in the Hotel Industry
30:46 The Importance of Creating a Holistic Brand Identity
31:51 The Power of Digital Media in Hotel Marketing
37:15 The Art of Converting Attention into Bookings
41:57 The Value of Community and Mentorship in the Hotel Industry
Connect with the Hosts
Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin
https://linktr.ee/mikesjogren
Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin
Watch Mike's free masterclass training on www.strsecrets.com/masterclass
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And we're back! Get ready to level up your listing game with our special guests Natalie Palmer and Tatianna Taylor-Tait! Our special guests are seasoned experts in the field of hospitality and property management. They'll be sharing their invaluable insights, tips, and tricks to help you take your rental property to the next level and maximize its potential. Don't miss out!
Natalie Palmer and Tatianna Taylor-Tait's Bio:
Natalie Palmer runs a boutique vacation rental management company, is actively growing her real estate portfolio, and hosts No Vacancy The Podcast, where she shares weekly hosting advice. She works closely with Airbnb to set new hosts up for success and loves sharing relatable hosting content. She lives in SoCal and manages her mountain listings remotely while working from home with her 2 under 2.
Tatianna Taylor-Taitis an award-winning designer helping individuals design beautiful homes and create passive income through property rentals. With almost 7 years in the short-term rental industry, I now use my knowledge to educate hosts to stop getting in their own way and build a financially free life that they love.
Natalie and Tatianna's Links:
https://instagram.com/__nataliepalmer
www.hostwithnatalie.com
https://www.levelupyourlistingsummit.com/
https://www.facebook.com/tatiannatt/
https://www.instagram.com/tatiannatt
https://www.clubhouse.com/@tatiannatt
http://www.tatiannataylortait.com/
https://www.etsy.com/ca/shop/ThanksForBooking
Connect with the Hosts
Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin
https://linktr.ee/mikesjogren
Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin
Watch Mike's free masterclass training on www.strsecrets.com/masterclass
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In an insightful conversation between hosts Mike Sjogren and Emmanuel Pani with guest Jody Sterling, listeners get to delve into a unique exploration of short-term rentals within the modern real estate industry. Jody, a specialized real estate investor and founder of hospitable hosts, shares her journey of utilizing her hospitality standards and experiences within the investment sector. The talk also featured some stories about how authors of the hospitable hosts books have transformed their lives through their short-term rentals. The hosts emphasize the importance of constantly educating oneself in the industry and the impact of building a business based on passion, quality service, and niche-targeting. Towards the end, Jody discusses the upcoming launch of the Hospitable Host Training Academy for raising hospitality standards in the short-term rental industry.
Guest Bio:
Jodie Stirling, founder of Hospitable Hosts, Stirling Stays, and Omnipotent Publishing House, is a serial entrepreneur and proud mother of three amazing humans. What began as a book project evolved into Hospitable Hosts, a global movement of short-term rental hosts. Jodie's visionary leadership propelled her book, initially intended to share industry stories, to Amazon's number 1 bestseller list. With three volumes showcasing 124 inspiring host stories, Jodie recognized the need for elevating hospitality standards in the industry. This realization birthed the Hospitable Host Training Academy, a testament to Jodie's commitment to excellence in short-term rental management. Jodie Stirling is shaping the future of hospitality in the short-term rental industry with her Hospitality Management education and collaboration with the Hospitable Hosts community.
Connect with Jodie
www.instagram.com/hospitablehostsbook
00:00 Introduction and Welcome
00:49 The Power of Virtual Assistants in Real Estate
01:46 New Year Reflections and Growth Mindset
03:07 The Importance of Surrounding Yourself with Positive Influences
03:50 The Journey of Change and Progress
05:47 Introducing Jody Sterling: The Founder of Hospitable Hosts
08:28 The Role of Family in Building a Successful Business
16:05 The Importance of Hospitality Standards in the Short Term Rental Industry
18:03 Overcoming Limiting Beliefs in the Real Estate Industry
19:01 Inspiring Stories from the Hospitable Hosts Community
20:30 Turning a Granny Flat into a Successful Business
21:59 The Importance of Hospitality in Hosting
23:19 Targeting Your Ideal Guests
23:48 The Disney Experience
26:36 The Art of Communication in Hosting
28:42 Launching the New Academy
31:05 The Power of Connection and Collaboration
37:28 The Secret to Success in Short Term Rentals
Connect with the Hosts
Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin
https://linktr.ee/mikesjogren
Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin
Watch Mike's free masterclass training on www.strsecrets.com/masterclass
Learn more about your ad choices. Visit megaphone.fm/adchoices -
In this podcast episode, we sit down with Steve Shull, a seasoned real estate investor, author, and coach who shares his secrets to success in the real estate field. Drawing from his extensive experience, Shull discusses the importance of teams and processes, and emphasizes having a succession plan. He further explains how being coachable can lead to substantial success, and emphasizes the need to enjoy what you do every day. The episode also features how Shull's programs and books can offer valuable insights for any real estate investor looking to grow their business and maintain their success over the long term.
00:00 Introduction and Welcome
00:45 Promotion of Virtual Assistant Services
01:36 Reflections on the Past Year and Preparations for the New Year
03:01 The Importance of Setting Goals and Commitment
07:23 Introduction of Guest Speaker: Steve Schull
07:53 Steve Schull's Journey in Real Estate
14:38 The Importance of Building Relationships in Real Estate
16:09 The Three Phases of Real Estate Business
26:18 Building Key Relationships in Real Estate
26:49 The Importance of a Succession Plan
27:24 Understanding the End Game in Real Estate
29:33 The Misconception of 'More' in Real Estate
32:03 The Importance of a Detailed Business Plan
39:12 The Role of Coaching in Success
42:25 Understanding Market Cycles in Real Estate
47:53 The Secret to Success in Real Estate
Guest's Bio
Steve Shull is a retired American football player who played professionally as a linebacker in the National Football League (NFL) for the Miami Dolphins. He played college football at William & Mary. Shull played in 41 regular seasons NFL games between 1980 and 1982 before a knee injury ended his career.[1] He was named one of the three captains for Super Bowl XVII, which the Dolphins lost to the Washington Redskins 27–17.
Connect with the Guest
https://performancecoaching.com/
https://www.linkedin.com/in/smscoach/
Connect with the Hosts
Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin
https://linktr.ee/mikesjogren
Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin
Watch Mike's free masterclass training on www.strsecrets.com/masterclass
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Dive into the latest short term rental market update! Join us for a brand new episode of the Mike & Mike podcast, where we delve into the latest trends and insights in the hotel industry.
Do you want to know how to streamline your STR business? Register for my webinar with Minoan tomorrow, December 14, at minoan.strsecrets.com
Connect with the Hosts
Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin
https://linktr.ee/mikesjogren
Mike Reilly: Facebook | Instagram | Twitter
Watch Mike's free masterclass training on www.strsecrets.com/masterclass
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Marc Hostovsky is the founder of Minoan. Prior to leaving to start Minoan, Marc was an early employee at Jet.com (later acquired by WMT in 2016 for $3.3B) where he managed a $400M omnichannel P&L and spent a lot of time between the walls of traditional retail (WMT) and eCommerce (Jet.com). After spending over a decade in retail, Marc saw an opportunity to shift the economic relationship between suppliers and consumers, specifically short-term rental hosts. By turning these properties into showrooms for brands, the concept of “Native Retail” was born. Native Retail is the idea of illuminating everyday spaces like short term rentals, gyms, restaurants, etc., and turning them into showrooms for the products and brands that are in those spaces. That way, consumers can test out products in environments which the products were designed for, and if they like them, they can easily learn more and even purchase them at that moment. As featured in TechCrunch, Forbes, and Sunset Magazine, Minoan is an all-in-one, free, ordering platform hosts can use to systematize furnishing. Hosts can buy from 200+ brands at steep discounts and save the hassle of dealing with messy logistics (tracking, customer service, etc.). One thing that sets Minoan apart from other purchasing organizations is we can also help turn your STR into a shoppable experience so guests can order the items they loved from their stay, and you can make a little extra money.
Register for the webinar at minoan.strsecrets.com
https://www.linkedin.com/in/marc-hostovsky/
https://www.instagram.com/pablo_pic_hosto/
https://www.instagram.com/minoanexperience/
https://www.facebook.com/minoanexperience/
https://www.linkedin.com/company/34959050/admin/
Connect with the Host
Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin
https://linktr.ee/mikesjogren
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In our latest episode, we're diving deep into the dynamic world of finance as we discuss the recent drop in interest rates and its profound impact on the real estate landscape. Don't miss out on this crucial update that could reshape your investment game! Subscribe now and stay ahead in the ever-changing landscape of real estate.
Connect with the Hosts
Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin
https://linktr.ee/mikesjogren
Mike Reilly: Facebook | Instagram | Twitter
Watch Mike's free masterclass training on www.strsecrets.com/masterclass
Learn more about your ad choices. Visit megaphone.fm/adchoices -
Join us for a special podcast episode where we unwrap insights on the festive season in short-term rentals and forecast the trends that will shape the coming year!
Connect with the Hosts
Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin
https://linktr.ee/mikesjogren
Mike Reilly: Facebook | Instagram | Twitter
Watch Mike's free masterclass training on www.strsecrets.com/masterclass
Learn more about your ad choices. Visit megaphone.fm/adchoices -
Dave Foster, a Qualified Intermediary (QI) investment professional, understands that real estate is really an investment in your future. As a multi-industry visionary, he has 20 years of experience working in all phases of real estate investing. From commercial to residential, he brings his clients a fresh perspective and clear vision for strategic development. As an investor, he views each investment, whether historical, ecologically sensitive projects, fix-n-flips, rental portfolios, or vacation and resort property development and management, as a unique opportunity to maximize returns. A degreed accountant with a Masters' in Management, Dave built his reputation on being a driven, results-oriented QI who works relentlessly to optimize value for the real estate investors he works with. He is inspired by a genuine desire to help investors excel and continuously strives to create win-win situations. Dave recently launched The1031Investor.com to give investors instant access to the information they need to succeed with 1031 exchanges.
https://twitter.com/DaveFoster1031
https://www.instagram.com/davefoster1031/
https://www.facebook.com/DaveFoster1031
https://www.facebook.com/the1031investor
https://www.linkedin.com/in/davefoster1031/
https://www.youtube.com/c/The1031Investor
https://www.biggerpockets.com/users/davefoster1031
https://www.the1031investor.com/
Watch Mike's free hotel case study at www.strsecrets.com/hotels
Connect with the Hosts
Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin
https://linktr.ee/mikesjogren
Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin
Watch Mike's free masterclass training on www.strsecrets.com/masterclass
Learn more about your ad choices. Visit megaphone.fm/adchoices - Näytä enemmän
