Patryk Real Estate Show - Short Term Rentals
72. Networking His Way To 27 Cohosting Properties
Nov 30, 2024
Billy Perez, a former teacher turned entrepreneur, shares his journey of scaling Elevate Vacation Homes to 27 vacation rentals in less than a year. He discusses the power of networking and building genuine relationships for rapid growth. Billy also emphasizes confidence in establishing credibility in real estate, navigating regulatory challenges, and his unique venture into vending machines alongside managing properties. Tune in for insights on strategic partnerships and the importance of mentorship in achieving financial success!
43:44
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Quick takeaways
- Billy Perez successfully scaled his vacation rental management company by leveraging strategic networking and building personal relationships rather than relying solely on traditional marketing.
- Recognizing the importance of delegation, Billy transitioned from managing all aspects alone to hiring a team, which facilitated greater focus on business growth and strategy.
Deep dives
Billy Perez's Transition from Teaching to Real Estate
Billy Perez transitioned from being a teacher to a successful real estate entrepreneur. Initially, he envisioned a stable teaching career, but after realizing the financial limitations, he sought opportunities to create a broader impact on people's lives through wealth. Inspired by podcasts like BiggerPockets, he yearned to help others while generating income. This led him to invest in Airbnbs, where he discovered the potential for significant cash flow, allowing him to quit his teaching job and pursue real estate full-time.
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