The hosts emphasize the importance of partnerships, leveraging networks, and focusing on legacy and diversification in their venture into land acquisition and property development.
The hosts highlight the advantages of locating their property in central Ohio, citing its growth potential, proximity to major cities, and access to local networks and contractors for their planned experiential vacation rentals.
Deep dives
TFBCon: Annual Short-Term Rental Conference in Columbus, Ohio
TFBCon is an annual short-term rental conference that invites podcast listeners to Columbus, Ohio, for actionable tips, insider strategies, and invaluable insights to grow their short-term rental businesses. Attendees have the opportunity to meet the speakers, network with like-minded hosts, and swap success stories. The conference aims to provide a platform for connecting, sharing ideas, and getting inspired. TFBCon offers access to experts and sponsors who can help increase hosting profits. Use the code podcast to get a $150 discount on ticket orders until July 31 at TFBCon.com.
Building a Dream: Ventures into Land Acquisition and Property Development
The hosts discuss their venture into land acquisition and property development. They express a desire to build unique structures and create a brand that stands out in the hospitality industry. With the goal of challenging themselves and trying new things, they emphasize the importance of partnerships, leveraging networks, and focusing on legacy and diversification. They aim to provide an authentic behind-the-scenes journey, sharing the ups and downs, and encouraging listeners to pursue their own dreams.
Looking for Land: The Search for the Perfect Location
The hosts search for drivable destinations and land in central Ohio, citing its growth potential and proximity to major cities. The planned multiple structures on the land are meant to cater to experiential vacation rentals in a promising market. They highlight the advantages of being able to visit the property easily and leverage local networks and contractors. The focus is on finding land with existing infrastructure, such as a primary residence, that can be utilized during the construction process.
Why Take the Leap: Motivations and Goals Behind the Project
The hosts share their motivations for embarking on this land acquisition and property development venture. They express a desire to challenge themselves and step out of their comfort zones while exploring their creativity and collaboration skills. Legacy building, fast-tracking real estate investment, and diving into the direct booking market are among their goals. They aim to inspire listeners by demonstrating the importance of embracing dreams, taking risks, and continually learning and growing.
We have heard from you all that you would like a little bit more behind the scenes of what Annette and I get ourselves into, so we’re sharing about our current journey buying 175 acres of land out in Ohio. In this episode, we're going to go over the who, what, when, where, and why of this exciting new project. We share who we are collaborating with for this project and why we believe it’s a good partnership. We talk about our plan for the structures on the land, and how long it has taken us to find the right property. We also get into why we’ve chosen central Ohio as where we are investing in real estate, and the long list of “whys” we’re so excited about this next challenge.