Short Term Rental Secrets Podcast Ep 7 - STR Secrets - Converting an 1800s Jail Into An Airbnb With Nicholas Spohn
GUEST BIO
Nicholas Spohn has devoted his life to all things personal development. Through studying health, spirituality, psychology, hypnosis, NLP, reiki and various other modalities he has created a comprehensive system to understand what drives human behavior. Nicholas is also an Airbnb super-host and creative financing expert. Most recently, he recently purchased an 1800’s jail which was converted into a bed and breakfast called Elkader JailHouse Inn.
HIGHLIGHTS OF THE EPISODE
02:58 Nicholas’ background and how he got into the business
04:56 How he got his jail deal and how he built his real estate portfolio
06:31 His 3 steps of hypnotic influence
08:18 How he found his jail deal
09:12 How he analyzes a deals, upside potential and management improvement
11:26 A property that becomes the destination
15:12 How he views deals to make it work
19:00 How an easy website can change how the business flows
21:32 One of his most empowering beliefs
23:34 The number one secret to success as an airbnb host or as a Short term rental host
25:08 Why the owners of the house sold the place
25:48 Make mistakes and learn. That’s how you build a business
27:10 A part of being adaptable
28:15 Why Nicholas Podcast is recommendable when you want to start a short term rental business
30:05 Talks about the book Psycho-Cybernetics by Maxwell Maltz
31:25 Where you can find more about Nicolas jail house
NOTABLE QUOTES (KEY LESSONS):
“It’s not the strongest or the most intelligent who will survive but those who can best manage change” - Charles Darwin
“Say yes and figure it out later” - Rock Thomas
BOOKS MENTIONED:
Psycho-Cybernetics by Maxwell Maltz
CONNECTING WITH THE GUEST
Website: elkaderjailhouseinn.com
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