Cash Flow Positive Part 2: This is How YOU Scale with Tony Stancato
How do you scale from a single short-term rental to managing over 30 properties and owning a boutique hotel? In this episode, Kenny is joined by Tony Stancato, Founder of Book N' Gather Property Management. He shares how he leveraged partnerships, operational expertise, and a strategic mindset to build a thriving STR business in Southwest Michigan.
Tony walks us through his journey—from buying his first vacation rental in 2021 to managing a diverse portfolio that includes single-family homes, multi-unit properties, and now a boutique motel. He reveals the keys to finding great deals, structuring partnerships, and navigating the challenges of short-term rental investing.
Whether you're just starting out or looking to scale your STR portfolio, this episode is packed with practical insights on building a business that creates wealth, not just cash flow.
If you've enjoyed this episode of the Cash Flow Positive podcast, be sure to leave a review and subscribe today! Listen now and enjoy!
In This Episode You'll Learn:
- Why partnerships can accelerate growth and unlock bigger deals
- The mindset shift needed to go from one rental to a full-scale business
- How networking and sharing your journey can lead to unexpected opportunities
- The importance of structuring a property management company for long-term success
- Why successful investors focus on both cash flow and appreciation
- How short-term rental markets like Southwest Michigan offer untapped potential
- And much more…
Resources:
Connect with Kenny on LinkedIn
Michigan Short Term Rentals Podcast