Short Term Rental Secrets Podcast cover image

Short Term Rental Secrets Podcast

Latest episodes

undefined
4 snips
Feb 17, 2025 • 39min

Ep 229 - He Quit Google to Build a 5- Million STR Empire, Here's How

Mike Reilly, a former Google employee turned COO at STR Secrets, shares his exhilarating leap into the short-term rental market, where he built a $5M empire of 29 properties. He discusses the mindset barriers that hinder many hosts and reveals insights on scaling swiftly and effectively. Mike emphasizes the value of daily habits and leadership in achieving success. He provides a blueprint for a $5M exit strategy and highlights key metrics that attract high-value buyers, urging listeners to dream big and take action towards financial independence.
undefined
11 snips
Feb 13, 2025 • 24min

How this W2 Worker Went From 0-80 Airbnb Properties and Became a CEO | The STR Scale Show w/ Mike Reilly | Ep 03

Mike Reilly, a former W2 worker turned CEO in the Airbnb cohosting sector, shares his incredible journey to managing 80 properties. He highlights the importance of building successful partnerships and effective leadership to drive business growth. Reilly discusses how personal connections with team members and meaningful one-on-one meetings foster collaboration and trust. He emphasizes a proactive approach, dedicating 80% of time to strategic planning. Tune in for actionable tips on scaling your Airbnb business and achieving financial freedom!
undefined
Feb 10, 2025 • 39min

Ep 228 -Transitioning from STRs to Hotels with Mike Sjogren and Shawn Moore

Guests Mike Sjogren and Shawn Moore share valuable insights on transitioning from short-term rentals to boutique hotels. Mike, a real estate investor, offers strategies for funding and operations, while Shawn recounts his journey from a corporate job to financial independence through real estate. They discuss the importance of effective systems, building strong teams, and mastering guest experience. Additionally, they highlight the significance of mentorship and understanding market dynamics to avoid costly mistakes in the hospitality industry.
undefined
Feb 6, 2025 • 32min

How I Quit Google: 4 Money Hacks to Escape the 9-to-5 with Airbnb | The STR Scale Show with Mike Reilly | Ep02

Ever dreamed of quitting your 9-to-5 job and achieving financial freedom? In this video, Mike Reilly shares how he quit his job at Google and built a thriving business with Airbnb. Discover 4 powerful money hacks that helped me escape the corporate grind and create a lifestyle of flexibility, income, and independence. Whether you’re an Airbnb cohost, host, or real estate investor, this video is packed with actionable tips to help you start or grow your short-term rental business.From mastering Airbnb cohosting to leveraging smart property management strategies, I’ll show you how to turn short-term rentals into a profitable income stream. These money hacks are designed for anyone looking for a career alternative, a side hustle, or a way to scale their Airbnb business to the next level.Learn how to acquire more properties, secure cohosting contracts, and maximize profits while working fewer hours. If you’re ready to ditch the 9-to-5 grind and build a business on your terms, this video is for you.What’s your ultimate goal with Airbnb? Share in the comments below! Don’t forget to like, subscribe, and hit the bell for more Airbnb tips, cohosting strategies, and real estate investing insights.Join Our Facebook Community where we have live trainings every Wednesday: https://www.facebook.com/share/jKKgdDt62P7Kj52t/?mibextid=CTbP7E%3Futm_source%3DIG-Bio&utm_medium=strsecretsy00:00 Leaving the W-2: A Leap of Faith02:51 Understanding Your Freedom Number05:46 Health Insurance: Navigating the Transition11:58 Investing Your 401k: Making Smart Moves14:46 Conventional Lending: What You Need to Know21:49 Budgeting and Taxes: Planning for Success25:11 Communication and Goal Setting with Your Partner29:58 Overcoming Fear and Anxiety in Entrepreneurship#AirbnbCohosting #AirbnbHosting #RealEstateInvesting #ShortTermRentals #FinancialFreedom #Quit9to5 #AirbnbBusiness #PassiveIncome #PropertyManagement #AirbnbTips
undefined
Feb 3, 2025 • 44min

Ep 227 - Sales and Leadership Lessons From a $100 Million Entrepreneur with Kim Fitzpatrick

Kim Fitzpatrick, an Executive Business, Life, and Leadership Coach, shares her insights from a successful career in sales. She emphasizes the power of emotional connection in driving sales and the importance of storytelling. Kim discusses breaking limiting beliefs, building trust, and overcoming objections with confidence. She also highlights mindset shifts necessary for financial growth, the value of servant leadership, and the significance of a personal brand in sales. Tune in for transformational strategies to elevate your business!
undefined
4 snips
Jan 30, 2025 • 22min

How to Close More Airbnb Co Hosting Contracts - A Good Sales Process | The STR Scale Show with Mike Reilly | Ep01

Want to close more Airbnb co-hosting contracts and grow your short-term rental business? In this video, I walk you through a proven sales process designed specifically for Airbnb cohosts, hosts, and property managers who want to land more clients and scale their income. Whether you're just starting out in Airbnb Co hosting or looking to refine your pitch, mastering a good sales process is key to securing long-term partnerships and building a thriving Airbnb business.You'll learn how to approach property owners, present your cohosting services as a valuable solution, and handle objections to close more deals. I also share tips on building trust, communicating your unique value, and ensuring you're the go-to choice for Airbnb property management.If you're an Airbnb cohost, real estate investor, or someone looking for an alternative to the traditional 9-5 job, this video will give you the tools to succeed in the short-term rental market. Don't miss these actionable insights to help you grow your income and achieve financial freedom through Airbnb hosting.Would you tweak your sales process after watching this? Drop your thoughts in the comments! Like, subscribe, and hit the bell for more Airbnb cohosting tips and real estate investing strategies.#AirbnbCohosting #ShortTermRentals #AirbnbHosting #PropertyManagement #RealEstateInvesting #SalesProcess #PassiveIncome #FinancialFreedom #AirbnbTips #AirbnbBusinessBook a Call Here:https://go.oncehub.com/strs-youtubeJoin Our Facebook Community where we have live trainings every Wednesday: www.facebook.com/share/jKKgdDt62P7Kj52t/?mibextid=CTbP7E%3Futm_source%3DIG-Bio&utm_medium=strsecretsy00:22 – Establishing a Sales Process03:16 – Qualifying Clients and Building Rapport06:07 – Effective Discovery and Diagnosis09:33 – Understanding Client Goals and Pain Points12:20 – Solution-Oriented Questions and Presentations15:12 – Evaluating Client Readiness and Urgency
undefined
Jan 27, 2025 • 28min

Ep 226 - Want to Get a Hotel? Listen to this first.

Want to go from STRs to boutique hotels this year?In this episode you’ll discover:● The simple math behind boutique hotels and why they’re an absolute game changer● The real reason STR investors have a massive leg up with boutique hotels● How to finally 10x your portfolio and finally unblock scale with boutique hotels.Register for the Boutique Hotel TrainingLink: hotels.strsecrets.com02:55 - Why Hotels Are a Game-Changer for STR Investors04:40 - Overcoming Regulation Challenges in STRs06:10 - Unlocking Economies of Scale in Hotel Investments08:30 - Forced Appreciation: The Key to Wealth Building10:00 - Reducing Competition by Targeting the Right Deals12:00 - Establishing Revenue Thresholds for Hotel Success14:30 - Avoiding the Trap of Buying a Job16:20 - Creating Operational Systems for Boutique Hotels18:00 - Building the Right Team for Hotel Operations20:15 - Mastering Leadership and Scaling Efficiently22:00 - Leveraging Partnerships to Expand Quickly24:45 - Realistic Budgeting and Expense Ratios for Hotels26:30 - Understanding Renovation Timelines and Costs28:15 - Are You Ready to Make the Jump to Hotels?30:40 - Key Lessons for Transitioning from STRs to Hotels32:10 - The Importance of Experienced Partners34:00 - Leadership Skills Needed for Larger Hospitality Projects36:00 - Avoiding Common Pitfalls in Hotel Investments38:30 - Setting Realistic Expectations for Hotel Operations40:00 - Final Advice: Embracing Challenges and Achieving Growth
undefined
Jan 20, 2025 • 34min

Ep 225 -Saving 6,000+ Trafficking Victims with Our Rescue CEO Tammy Lee

Ready to make a difference in the fight against human trafficking? In this powerful episode, we uncover how short-term rental hosts can become key players in combating trafficking through awareness, technology, and collaboration with law enforcement. Tune in and learn actionable steps to protect your community and be part of the solution!Join the Cause. Win the Fight.Link: our.strsecrets.com02:20 - Fighting Human Trafficking Through Awareness and Action04:30 - How STR Hosts Can Be Part of the Solution06:45 - Spotting the Signs: Proactive Measures for Hosts08:30 - The Role of Technology in Combating Trafficking10:00 - Collaborating with Law Enforcement for Real-Time Action12:10 - Expanding Rescue Efforts to Global Impact14:25 - Educating Hosts and Communities to Make a Difference16:00 - Leveraging Events to Stay Vigilant Against Trafficking18:30 - Integrating STR Efforts with Broader Rescue Missions20:15 - Using STR Properties for Survivor Care22:10 - The Power of Advocacy in Combating Exploitation24:00 - Building Networks to Strengthen Anti-Trafficking Efforts26:15 - Empowering Hosts to Be Key Contributors to Change28:05 - Final Call to Action: Join the Fight Against TraffickingGuest Bio:Tammy Lee joins Our Rescue from Xena Therapies, a med tech company specializing in women’s health and orthopedics, focusing on philanthropic support for women. Prior to founding Xena Therapies, she was President & CEO of Recombinetics, a bio-tech company focused on human health, regenerative medicine, and animal welfare. With a background in corporate affairs at Carlson, the University of Minnesota Foundation, Delta Air Lines, and Northwest Airlines, Ms. Lee excels in coalition-building for policy change and spearheading multi-million-dollar fundraising efforts, including for trafficking prevention. She also served on the White House Interagency Task Force to Combat Trafficking in Persons and other national boards, advocating to end trafficking. Recognized as an expert, she frequently speaks on corporate philanthropy and best-in-class programs for anti-trafficking initiatives.Get FREE Access to our Community and Weekly Trainings:group.strsecrets.com
undefined
Jan 13, 2025 • 36min

Ep 224 - AI to Automate Your STR Portfolio with Host Buddy founders Jay Ullrich and Sam Mayes

Jay Ullrich and Sam Mayes, co-founders of HostBuddy, dive into the transformative power of AI in the short-term rental industry. They discuss how AI tools streamline communications, optimizing everything from guest interactions to cleaning schedules. Listeners learn about automated messaging systems that enhance guest experiences, improve booking conversions, and boost revenue through upselling features. With insights on future-proofing rental businesses and scaling without increasing staff, this conversation is packed with actionable strategies for hassle-free hosting.
undefined
Jan 6, 2025 • 45min

Ep 223 - The $400 Million Hostel Brand with Michael Russell and Nathan St Cyr

Ready to scale your short-term rental or hostel business to new heights? In this episode, we’re uncovering proven strategies for building a $400 million hospitality brand, creating exceptional guest experiences, hiring and leading top-tier teams, and navigating zoning regulations for growth. Listen now and learn how to turn bold visions into reality!02:25 - Scaling to $400 Million with Focused Hospitality04:29 - Leveraging Partnerships for Rapid Expansion06:09 - Spotting Hidden Opportunities in Hospitality Markets08:14 - Creating Systems and Processes for Seamless Scaling09:03 - Prioritizing Guest Experience for Maximum Impact10:40 - Redefining Hostels with Design-Driven Concepts13:09 - Overcoming Challenges with Unstoppable Mindset15:00 - Understanding Avatar Demographics for Targeted Marketing17:15 - Building Community-Driven Experiences to Increase Value18:54 - Designing with Intention: Hiring Experts for Success20:23 - Scaling Teams with Culture and Leadership Excellence22:53 - Creating Sustainable Growth Through Team Building24:09 - Leveraging Systems for Long-Term Scalability26:36 - Building Trust Through Guest Engagement and Service28:55 - Unlocking Zoning Strategies for Hospitality Expansion30:00 - Educating Communities and Overcoming Stigmas32:15 - Developing Visionary Goals for Massive Growth34:45 - Building Multi-Million Dollar Portfolios with Hospitality Models36:10 - Expanding Markets with Guest-Centric Strategies38:00 - Hiring with Intentionality and Building Winning Teams40:25 - Designing Hospitality Models Around Market Needs42:00 - Final Advice: Dream Bigger, Execute Stronger43:32 - Scaling Teams Through Leadership and Collaboration44:18 - Building Resilient Mindsets for Long-Term SuccessGuest Bio:Michael Russell and Nathan St Cyr are the founders of Malama Capital and hosts of The Hotel Investor Playbook podcast.Guest Link:www.instagram.com/the_hotel_investor_playbookGet FREE Access to our Community and Weekly Trainings:group.strsecrets.com

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode