No Vacancy The Podcast with Natalie Palmer

Today I talk with Skyler Vaughn, cofounder of For The Love Of Upstate. You'll remember his partner Madi Johnson from episodes 96 and 156, and after having her on the show twice, it was finally time I convinced Skyler to join. Skyler is incredible when it comes to project management, and this skill is how FTLOU is able to crank out 6-7 property renovations per year, and is on track for 10-12 next year!  If you, like me, are the kind of investor who gets all excited at the Pinterest moodboard phase, but then cries multiple times during a project wondering why you subjected yourself to this torture, you will be fascinated by Skyler's ability to manage so many tasks at so many different projects all at the same time and make it look so effortless. Skyler shares with us the exact project management tools he uses, his SOPs, how he builds his team to get the job done, and his timelines for each project. This is a no-fluff episode, with practical tips you can implement right away on your next rehab. Connect with Skyler Invest with us! Thank you to our sponsor Lodgify – Take 20% off Lodgify’s most powerful plans with code novacancy20! Learn more about your ad choices. Visit megaphone.fm/adchoices

This week I bring Kassidy Warren back on the podcast! You can listen to his last episode here, where he broke down each property in his portfolio and how he scaled to something bigger and better with each investment.  Today, we dive even deeper into that same philosophy with the "velocity of money". Kassidy shares how you can be doing the same amount of work on each STR you launch... but getting 2-3x more returns from that same project?! It all comes down to which deals you're pursuing.  If you're someone who's turning and burning flips or 1031 exchanges, wondering why you've done so many deals, but still don't feel like you're getting ahead, this episode is for you! Connect with Kassidy Thank you to our sponsor Lodgify – Take 20% off Lodgify’s most powerful plans with code novacancy20! Learn more about your ad choices. Visit megaphone.fm/adchoices

This week I chat with Heather Mueur who is the owner, founder, and visionary behind The Embers, a glamping and RV resort in Branson, Missouri. Heather and her husband Ryan built and sold an auto parts business, and used the proceeds from that to purchase this abandoned campground.  Heather takes us through the 2-year process of permits, plans, and construction, as well as the financing process–everything from SBA loans to finding investors. I asked all about the additional income streams they created, including an onsite laundromat and coffee shop. And you'll also hear how she grew her social media account from a couple hundred followers... to over 100,000 from LITERALLY JUST ONE POST. Lastly, Heather teases us on her newest project, a boutique motel located just a couple miles from her campground which will be slowly renovated in phases to accommodate existing reservations! Connect with Heather @roaminghomeheather Follow @theembersbranson Thank you to my sponsors! Lodgify - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Link⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Receive 20% off Lodgify’s most powerful plans with code NoVacancy20 at checkout Proper - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Link⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Visit the link to claim your free risk assessment with Proper. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week I got to speak with Erin Dalton-Cooney, the Head of Property Management Design at Wayfair Professional. Erin is a wealth of knowledge in this industry, and in her role she's gained experience overseeing design and set up for every type of property from STRs, MTRs, boutique hotels, and unique resorts.  She shares with us today how Wayfair Professional is the secret weapon that designers are using to take shipping consolidation and install completely off their plates. If the pro designers trust Wayfair Professional, you should too!  Erin teases us with what's coming next for Wayfair Professional, what they have to help you now, and how they are saving hosts serious time and money, so you can get back to what you do best – investing! Check out mine and Tatianna Taylor-Tait's official Wayfair Tastemaker collection HERE Connect with @wayfairproffesional on Instagram Thank you to my sponsors! Lodgify - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Link⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Receive 20% off Lodgify’s most powerful plans with code NoVacancy20 at checkout Proper - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Link⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Visit the link to claim your free risk assessment with Proper. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week I'm excited to be talking with Devana Cavé from The House of Courage, a collection of sober living homes that Devana owns and operates. Forget everything you've ever known or pictured about a sober living home, because Devana does things completely different. Yes, she's a real estate investor, but what sets her business apart is the care she takes with every single house guest. From the colorful designs and nice furniture she invests in, to custom built bunks that offer total privacy, to the care package that every new house guest receives on arrival, Devana has made sure that what she offers is so much more than "heads in beds". If you've been interested in investing in co-living spaces, but aren't sure if sober living is the right avenue for you, this episode will encourage you in how fulfilling and rewarding this type of real estate can be. Devana wants to be very clear – this is NOT for everyone! But if you feel called to offer an experience like this, you'll get to hear first hand how thoughtfully you can approach this for the people who need it most. Check out some of the resources Devana mentioned: narronline.org The Sober Living Network Find Devana on instagram @devanainvests Thank you to my sponsors! Lodgify - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Link⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Receive 20% off Lodgify’s most powerful plans with code NoVacancy20 at checkout Proper - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Link⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Visit the link to claim your free risk assessment with Proper. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week I'm going solo on the mic breaking down every nitty gritty detail of my latest project... drum roll please... raising investor capital for a luxury, waterfront Upstate New York property! As I write this, I'm happy to announce we officially closed and all funds have been wired. All that to say, I definitely made some mistakes with how I went about this. And today I'm sharing the good, the bad, and the ugly. In this episode I'll take you through the entire process, start to finish, and detail what worked and what definitely did not. As promised, here's the investor interest form I mentioned in today's episode. Either copy it for your own purposes, or fill it out if you want to partner on a future deal! Episode 156 with Madi Johnson Thank you to my sponsors! Lodgify - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Link⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Receive 20% off Lodgify’s most powerful plans with code NoVacancy20 at checkout Proper - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Link⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Visit the link to claim your free risk assessment with Proper. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week I sit with Brian Hatcher to talk about his new Japandi-inspired wellness development in the mountains of Georgia. This 5-unit unique stay will feature a dedicated wellness center, and it's being designed by none other than my partner in crime, Tatianna Taylor-Tait, so you know it's going to ooze luxury and serenity. Brian takes us through every step of how he found this land, the deals that fell through before finding the one, and the struggles of doing this all self-funded (that's right, Brian has ZERO investors on this)! You'll hear Brian walk us through his start in house hacking, the rental arbitrage business he built along the way, and how his real estate journey has evolved to get him to the DREAM project. Enjoy! Follow Brian's journey on Instagram @hatch_capital Thank you to my sponsors! Lodgify - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Link⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Receive 20% off Lodgify’s most powerful plans with code NoVacancy20 at checkout Proper - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Link⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Visit the link to claim your free risk assessment with Proper. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week I talk with Katie Johnson PLC on all things STR law! Katie shares tons of insight on how to: Make sure your portfolio is protected Legally form partnerships Ensure regulation won't change on you Double check that you're actually allowed to STR your property As a bonus, I share my current asset structure with me and Katie gives me a much needed reality check on how vulnerable I might be right now 😱 Hope you enjoy this one, and if you're now terrified of your risk profile, just listen to Katie's podcast or work with her directly. Listen to Katie's podcast here. Work with Katie Johnson PLC. Thank you to my sponsors! Lodgify - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Link⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Receive 20% off Lodgify’s most powerful plans with code NoVacancy20 at checkout Proper - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Link⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Visit the link to claim your free risk assessment with Proper. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week's episode with Ariel Smith was such a fun conversation! Ariel is the face behind Stay At The Coastline vacation rentals in San Diego, CA, and in just 8 months she's grown her cohosting business from zero to 40+ properties. Ariel walks us through exactly how she's finding her clients, how she's grown so fast, and the details behind her unique partnership structure with her brokerage that has sped up her growth process. Most importantly, she tells us exactly how she's managing over 40 listings without using any VAs for guest messaging?! It seems like every guest we've had on the podcast in the last 2 years is sharing how essential VAs have been to their operations, so I was dying to hear how Ariel is successfully scaling while still personally responding to every single guest message. If you've been hesitant to hire VAs, you'll find this conversation so encouraging that you might not need to! Maybe what you're already doing is exactly your secret sauce that's helping your business thrive. Connect with Ariel here, and check our her listings here. Thank you to my sponsors! Lodgify - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Link⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Receive 20% off Lodgify’s most powerful plans with code NoVacancy20 at checkout Proper - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Link⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Visit the link to claim your free risk assessment with Proper. Learn more about your ad choices. Visit megaphone.fm/adchoices

On this week’s episode, I talk with Jesse Vasquez about all things midterm rental. I’ve done episodes on the MTR strategy before, but this one was next level in terms of PRACTICAL knowledge you can apply today. By the time you’re finished with this conversation, you’ll know exactly where to find your next midterm guest, how much to charge them, how to keep the relationship warm for next time, AND how to make money even after they check out by referring them to their next rental. My biggest takeaway from this episode was that you don’t even need property for these tips to work. Jesse shows us how he’s making $30-40k per MONTH in referral fees alone. The bottom line, listen to this only if you’re ready for 100% occupancy, because your booking calendar is about to be slammed with leads coming in. Connect with Jesse at @therealjessevasquez Thank you to my sponsors! Lodgify - ⁠⁠⁠⁠⁠⁠⁠⁠⁠Link⁠⁠⁠⁠⁠⁠⁠⁠⁠ Receive 20% off Lodgify’s most powerful plans with code NoVacancy20 at checkout Proper - ⁠⁠⁠⁠⁠⁠⁠⁠⁠Link⁠⁠⁠⁠⁠⁠⁠⁠⁠ Visit the link to claim your free risk assessment with Proper. Learn more about your ad choices. Visit megaphone.fm/adchoices