The Big Break Show #64 RN Turned to Investing in STRs and Co-Hosting Properties w/ Stephanie Figueros
In this episode, we sit down with Stephanie Figueros. She is a registered nurse turned real estate investor and educator. She was able to quit nursing in nine months because of short-term rentals and has experience in arbitrage, owning, joint-venturing, and co-hosting. She specializes in long-distance real estate investing and is currently in CA, TX, TN, and FL. She's the co-founder of STR Nation and founder of Vivid Iconic Properties. In this episode, she shares her journey of self-managing her rentals in California while investing in Texas, Tennessee, and Florida. She also talks about building an in-house team and diving into flipping and co-hosting, including her experience with co-hosting partnerships and the importance of scalability through virtual assistants.
Stephanie's personality fits the real estate industry well because she treats her clients as her patients, meeting them wherever they are and figuring out how to solve their problems using her toolbox. She also oversees everything, including systems for guest communications, training using Loom, and performance sheets for co-hosting properties.
Tune in because we all shared their perspectives on co-hosting, with Jesse highlighting the importance of building relationships with real estate agents and having reserves for bad months, and Rafa emphasizing that we all need to know what we are doing in co-hosting nowadays. Stephanie talks about her parameters for accepting co-hosting properties, which include going for modern and bigger houses and focusing on markets where she would buy the property herself.
The conversation also delves into defining success, leaving a job, and the importance of having a growth mindset. Jesse shares his three traits for success, and Rafa talks about his definition of success. So if you're interested in learning more about STR investing, and cohosting in this day and age, tune in to this one! Take notes and take action!
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#TheBigBreakShow #RealEstate #Podcast #StephanieFigueros
Connect with Stephanie!
- Instagram: @stephaniefigueros
- Linktree: @stephaniefigueros
- Youtube: @stephaniefigueros
- STR Nation
- vividiconicproperties.com
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