Real Estate Experiment
By Ruben Kanya
Real Estate Experiment Jan 27, 2020
MTR Summit Hallway Secrets: Decision, Desire, Discipline with Ruben Kanya - Episode #279
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
Fundamentals of Success: Navigating the Mid-Term Rental Insurance Space - Episode #278
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
Creative Acquisitions Mixed with Short-Term Rentals: Lamè's Transformative Journey with Lamè Kinikini - Episode #277
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:
13:00 Lame talks about the science in selling
20:21 Lame talks about self education and why we should invest in ourselves
KEEPING IT REAL:
05:30 Financing when you can't show enough income
07:24 Creative Financing: a better way of acquiring without the tax bill
12:33 The value of understanding the science in selling
19:41 The importance of self education and investing in yourself
38:48 Giving yourself permission to take action
44:40 Why you pay for a mentor
47:48 Management company as a way to partake in real estate without
money or your own property
51:56 How to position your company to be above the marketplace
58:33 Adding Creative financing to the short term rental model
01:00:00 Buying from sellers directly through creative financing
01:05:12 Underwriting with long term rentals in mind
01:07:19 The value of mentorships, coachings, and creating a community
01:09:57 We 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
Operating Mid-Term Rental Insurance Business Remotely with Ruben Kanya - Episode #276
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
From Google to STR Triumph: Mastering Short-Term Rentals & Co-Hosting with Mike Reilly - Episode #275
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:
08:58 Mike talks about why connections are important in real estate investing.
18:18 Mike talks about taking risks and why it's necessary for success in real estate.
KEEPING IT REAL:
05:01 Mike’s journey in real estate and the importance of having a backup plan
10:02 The role of connections and career paths in real estate investing
15:01 The power of timing and connections in achieving success
20:01 Taking risks for success in real estate investing
25:00 Maximizing profits through strategic real estate investments
30:02 Maximizing occupancy and profitability for short-term rentals
35:01 Efficiency, learning from others, and simple math in real estate investing
40:00 The power of performance-based income and its role in achieving goals
45:00 Investing in real estate and starting a co-hosting business
50:00 The value of time and making decisions based on personal desires
55:02 The value of time and its impact on decision-making and strategies
01:00:03 The journey of a successful short-term rental business owner
01:05:00 Improving accessibility for individuals with disabilities in vacation rentals
01:08:24 We 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
From Boating Arbitrage to Financial Freedom through Short-Term Rentals with Jeremy Werden - Episode #274
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:
10:25 Jeremy talks about why you should test the viability of a business before investing
39:47 Jeremy talks about how he created a web app for commercial loans
KEEPING IT REAL:
05:01 Taking control of life and career during the pandemic
10:00 Testing the viability of a business before investing
15:01 The success of a summer boat rental venture
20:00 Co-hosting and arbitrage during the pandemic
25:01 Experience with buying and renting properties
30:02 The profitability and demand for short-term rentals
35:01 The "silver tsunami" of real estate opportunities
40:03 The journey of creating a successful web application for commercial loans
45:00 Opportunities and trends in the short-term rental and real estate market
50:02 Business strategies and demographic shifts
55:02 Japan's rise as a leader in the global economy
01:00:01 Insights from The Economist and Morning Brew discussing success and change
01:03:25 We 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
From Loss to Legacy: Jamie Banks' Blueprint for Mid-Term Rental Success & Multifamily Investing - Episode #273
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
From Tax Woes to Wins: Protecting Your Wealth with 1031 Exchange with David Foster - Episode #272
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
CAPitalizing Your Finances & Financial Literacy with Chris Panagiotu - Episode #271
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:
09:18 Chris talks about the importance of having a strong core framework in investing
02:04 Chris talks about Gap money and capitalizing on your expenses
KEEPING IT REAL:
04:09 Exploring retirement and financial literacy with successful entrepreneurs and experts
05:01 Journey into investing and ownership
10:02 The importance of a strong foundation in investing
15:02 Adapting to the ever-changing financial market
20:02 Understanding "Gap money" and its impact on business success
25:02 Using business knowledge to help others
30:00 Maximizing profits in the real estate market
35:01 Investing strategies and the importance of understanding individual stocks
40:00 Approach to working with clients and their thoughts on real estate as a retirement strategy
45:01 Perspective on real estate and businesses
50:00 Investment strategies and the importance of checklists
55:01 The importance of understanding blind spots in financial planning and future plans for the Capitalized brand
1:00:23 We 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
STR Wealth Conference 2024 Recap Episode #270
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
MTR Arbitrage Deal Gone Wrong - Episode #269
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
The Power of Building a Brand & Digital Footprints with Ruben Kanya - Episode #251
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.
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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
From Medical Sales to Multifamily Mastery: Bronson Hill's Path to Freedom of Time - Episode #252
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
Dr. Nnaji's Journey from Medicine to Real Estate & Inclusive Travel - Episode #268
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
Closing Mid-Term Rental Insurance Contracts by Law with Ruben Kanya - Episode #267
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:
- Perpetual Transmutation of Energy: Ruben underscores entropy, how bringing order back into your lifes avatar is how you’re highly rewarded and after order by law is disroder and the cycle repeats no different to when a property is cleaned to be found in disorder after a guest stay or being back in disorder after the previous MTR contract.
- Cause and Effect: Ruben discusses how every action and decision within the MTR business has consequences. Recognizing this law prompts strategic thinking and mindful decision-making.
- Vibration: Ruben explores how vibrational frequencies in one’s thoughts and intentions can attract or repel opportunities in the MTR niche. Positive vibrations and alignment with goals can lead to success.
- Polarity: The concept of duality is examined, emphasizing how contrasting aspects within the MTR business, such as challenges and opportunities, are interconnected and essential for growth including a family deciding not to move forward with your property, another deal is always on it’s way.
- Relativity: Ruben emphasizes how relative perspectives play a role in the MTR industry, where success is measured in comparison to various factors including attracting the right avatar base don their pain points, need and availability.
- Rhythm: Ruben discusses how understanding the rhythms and cycles in the MTR business can help in timing decisions and actions for maximum impact.
- Gender: Ruben touches on the most frequently asked questions, ‘how long does it take to land a contract’…the gestation period of every deal is different, mastering the skill and trusting the process is the essence of getting deal after deal.
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
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Linktree: https://linktr.ee/therealestateexperiment
#midtermrental #MTR #law
From Healthcare Director to Co-Founder of 5 Star Co-Host with Dave Menapace - Episode #266
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
Unconventional Path from Nine to Five to 24/7 Temporary Housing Success with William Dotson - Episode #265
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
The Future of Mid-Term Rental Insurance in 2024 - Episode #264
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
Two-Door Strategy (Short & Mid-Term Rental) to Financial Freedom with Dr. Rachel Gainsbrugh - Episode #263
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
Mid-Term Rental Wealth Retreat Recap Pt. II with Ruben Kanya - Episode #262
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
Scaling a Short-Term Rental Co-Hosting Business with Kyle Stanley - Episode #261
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
Mid-Term Rental B2B Solution: Nursing Contracts & Insurance Policyholders with Jesse Vasquez - Episode #208
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:
12:04 Choosing Your Niche
26:06 The Importance of Pacing
KEEPING IT REAL:
03:16 Jesse’s Background
15:34 Travel Nursing Industry
23:08 Growing and Building Leads
30:34 Create Lasting Businesses
34:28 Hospital Level
40:54 Extended Hotel Stay
51:22 Umbrella Policy
60:04 Closing
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
Providing Sub-To & Seller Financing Opportunities with Zeona McIntyre - Episode #260
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
Mid-Term Rental Record Breaking Contract at 45K/MONTH with Mike Stone - Episode #259
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
Mid-Term Rental Insurance Pricing, Branding & Marketing with Ruben Kanya - Episode #258
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
From Financial Struggles to Real Estate Success: Mastering Negotiation with Tom Zeeb - Episode #257
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
Mid-Term Rental Insurance Pivot for all Real Estate Investors - Breaking News with Ruben Kanya - Episode #256
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
From Professional Home Stager to Acclaimed STR/MTR Designer with Amy Powers - Episode #255
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
How to Leverage Infinite Banking to Increase Your Cash Flow in Real Estate Investing with Anthony Faso and Cameron Christiansen - Episode #254
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
Creative Financing (Sub-to) and Strategic Scaling with Mitch Pomeroy - Episode #253
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
The Combined 'Sub-to' to Mid-Term Rental Insurance Strategy with Ruben Kanya - Episode #250
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/
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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
Mastering Multifamily: Jason Lee's Experiment as both a Real Estate Broker & Multifamily Investor - Episode #249
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:
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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
Unlocking Your 10x Potential: Strategies for Exponential Growth and Impactful Transformation with Ruben Kanya - Episode #248
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
Midterm Rental Wealth Retreat Recap with Ruben Kanya - Episode #247
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
Transformation Through Mentorship: Building Relationships to Learn, Grow, and Thrive in Real Estate with Caleb Johnson - Episode 246
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
Which Market is the best for Midterm Rentals (Insurance)? with Ruben Kanya - Episode #245
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
From Graphic Designer to Multifamily Syndications with Vlad Arakcheyev - Episode #244
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
Maximizing Dollars for Insurance Policy Holders in a Trillion Dollar Industry with Public Adjuster Andy Gurczak - Episode #243
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
CPA turned Commercial Investor: From Helping Investors File Their Tax Returns to Helping Investors Receive High Returns with Stewart Heath - Episode #242
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
Multifamily Investing with Strategic Partnerships with Will Matheson - Episode #241
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
Humanizing Automations with Ruben Kanya - Episode #240
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
Book Direct: Maximizing the Use of AI with Mark Simpson - Episode #239
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
Midterm Rentals Insurance: Maximizing Profits & Occupancy with Ruben Kanya - Episode #238
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
10X is Easier Than 2x with Ruben Kanya - Episode #237
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
Unlocking Financial & Time Freedom Through Corporate Housing Rental Arbitrage with Dr. Chau Ong - Episode #236
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
Streamlining Short Term Rental Operations with AI to Achieve Financial Freedom & Peace of Mind with Jason Reece - Episode #235
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
Midterm Rental Summit Recap In the Lab with Ruben Kanya - Episode #234
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
Investing in Luxury Short Term Rentals with Fouad Bazzi - Episode #233
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
Proof of Concept (POC) with Ruben Kanya - Episode #232
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
Becoming The Key Person Of Influence In Your Industry with Ruben Kanya - Episode #231
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