In this episode of the Short Term Rental Secrets podcast, Mike Sjogren and Emanuele Pani, sit down with Austin Palacios who shares his transition from wealth management to successful real estate investing, highlighting his strategies in hiring, team building, and scaling his portfolio in short-term rentals across various locations. Focused on the niche of short-term rentals, they discuss the unconventional yet successful path to financial freedom through investing in properties they don't own. The conversation includes insights from an event with their mindset coach, Dave Conway, emphasizing personal growth, the power of networking, and the potential of innovative ideas in seemingly impossible settings. They also cover the importance of mindset, branding, the reality of scaling a business, and maintaining life balance while pursuing entrepreneurial goals. You don't want to miss this episode!
00:00 The Journey Begins: Obsession and Dedication
00:18 Introducing the Short Term Rental Nation
01:02 The Power of Events and Personal Growth
02:06 Inspiration from the Unlikely: A Sphere in Vegas
06:45 Scaling Real Estate Dreams: From Chicago to Florida
09:51 Building a Short Term Rental Empire: Strategies and Insights
17:11 The Art of Co-Hosting and Establishing Authority
20:55 Focusing on Sales and Growth: The Backbone of Success
23:12 Unlocking Success Through Persistence and Attitude
24:04 The Power of Generosity in Business
25:25 Adding Value: The Key to Business Growth
28:16 Building a Personal Brand in Real Estate
30:27 The Journey of Personal Branding and Content Creation
35:24 Finding Balance in Entrepreneurship
39:56 Launching a Unique Podcast: Breaking Social Norms
42:27 The Secret to Success in Short Term Rentals
Austin's Bio:
Austin Palacios is a short-term rental (STR) investor based in West Palm Beach, FL with a background in Wealth Management. He transitioned to investing full-time in short-term rentals back in 2021. He co-founded a management company for Short-term rentals based in South Florida. When Austin was building the management business, he developed creative systems and processes to acquire management clients, which allowed him to scale quickly. Leading him to develop Co-Hosting Acquisitions. A mentorship program where he coaches STR investors on how to acquire management clients. He now hosts “The Austin Palacios Podcast” where he is leading a movement to break society misconnections that have been bestowed on us since the beginning of time and allowing Real Estate investors & Entrepreneurs from all walks of life to speak up on the topics that society limits us on speaking about.
Connect with Austin:
https://www.instagram.com/austin__palacios/
Connect with the Hosts
Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin
https://linktr.ee/mikesjogren
Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin
Watch Mike's free masterclass training on www.strsecrets.com/masterclass
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Short Term Rental Secrets Podcast