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Short Term Rental Secrets Podcast

Latest episodes

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Aug 30, 2021 • 44min

Ep 65 - Providing Quality Essentials For Your STRs with Daniel Iliescu

GUEST'S BIO Daniel Iliescu runs Bonsai Hospitality Management, a startup looking to help transform the STR market for the better. Their focus is on the essentials that hosts use to run their operations. Daniel and his team think that by targeting the hosts that manage their own properties, they can have the biggest impact on the quality and standards of the industry. HIGHLIGHTS OF THE EPISODE 04:34 Daniel Iliescu introduction and background 05:58 What made Daniel start Bonsai Hospitality 09:34 How Daniel found his manufacturing facility 11:43 Daniel shares the outsourcing process for essentials 13:15 Daniel explains the different bath collections of Bonsai Hospitality 16:20 Daniel shares where he sources bedding 18:55 Daniel talks about wi-fi porter 22:28 Daniel's vision for Bonsai Hospitality 23:26 What sets STRs apart from hotels 24:37 The difference that quality makes 26:09 Cotton vs polyester 29:32 Daniel debunks the thread count myth 31:49 Daniel talks about non-wrinkling 34:59 Investing in beds and baths 37:59 Daniel shares a tip on how to offer guests a local experience 39:08 Acknowledgments to Daniel 39:38 Where can people connect with Daniel 40:38 Daniel's #1 secret to success with STR NOTABLE QUOTES "God lives in the details." - Daniel Iliescu "Quality would prevail over time." - Daniel Iliescu "Having respect for others goes a long way." - Emanuele Pani CONNECT WITH THE GUEST Daniel Iliescu: Instagram | Linkedin Bonsai Hospitality Management CONNECT WITH THE HOSTS Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin https://linktr.ee/the_airbnbguy Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin FREE MASTERCLASS TRAINING - https://www.strsecrets.com/masterclass Learn more about your ad choices. Visit megaphone.fm/adchoices
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Aug 23, 2021 • 38min

Ep 64 - From 0-150 Units While On Active Military Duty with Joseph Riley

GUEST'S BIO Joseph Reilly founded Patriot Family Homes to meet the need for affordable, reliable housing in the South, particularly near military bases. A captain in the Army, Joe has deployed with the Ranger Regiment to Afghanistan and Ukraine. He previously served on the National Security Council at the White House. HIGHLIGHTS OF THE EPISODE 05:40 Joseph Riley introduction and background 07:16 How Joseph started in the STR industry 09:47 Business models that Joseph are using for his STR business 10:46 Joseph talks about his STR portfolio 12:02 How Joseph managed his business while on an active duty 14:51 Joseph talks about who manages his guest communications 16:37 How Joseph hosts his STRs 19:01 What Joseph buys for his STRs 20:01 2 things that are not included in Joseph's warehouse 20:42 Joseph's target location 21:57 Management packages of Patriot Family Homes 22:57 Systems that Joseph and his team use 23:40 Joseph's vision for his STR business 26:29 Average nightly rate for Joseph's STRs 30:36 Joseph's primary function on his STR business 33:39 Acknowledgments to Joseph 34:15 Where can people connect with Joseph 34:44 Joseph's #1 secret to success with STR NOTABLE QUOTES "We are trying to be really disciplined in learning how to operate and make money in markets where's there's less fat on the bone." - Joseph Riley "Hold onto your guns as to what you know is going to work for your business." - Emanuele Pani CONNECT WITH THE GUEST Joseph Riley: Linkedin Patriot Family Homes CONNECT WITH THE HOSTS Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin https://linktr.ee/the_airbnbguy Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin FREE MASTERCLASS TRAINING - https://www.strsecrets.com/masterclass Learn more about your ad choices. Visit megaphone.fm/adchoices
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Aug 16, 2021 • 52min

Ep 63 - Growing a Sustainable and Profitable Hospitality Company with Simon Lehmann

GUEST'S BIO Simon is one of the world’s foremost experts on short-term rental and vacation rental. He leads AJL Atelier, a specialized vacation rental and business consultancy while also advising multiple companies as Board Member and Executive Chairman. A sought-after speaker, panelist and moderator, Simon loves to broach high-level and technical topics alike, from the future trends of short term rental to the specifics of online distribution in the top 5 OTAs. Previously, Simon was the Co-Founder & Chairman of Vacasa Europe, former President of PhocusWright, and ex-Board member of HomeAway, to name but a few. He’s also an accomplished operator, having led Interhome, Hotelplan Group and Swissport as CEO. HIGHLIGHTS OF THE EPISODE 04:36 Simon Lehmann introduction and background 05:59 How Simon started in the hospitality industry 08:11 Transitioning from being an executive vice president of an airport ground company to a CEO of a vacation rental company 11:21 Simon shares his vacation rental journey 14:04 What is AJL Atelier? 14:42 Simon shares his tips for those who are starting their STR business 18:14 E shares his experience when he first started his STRs 20:20 Bridging traditional hotels and the vacation rental spaces 29:37 Simon's insight about traditional hotels acquiring STRs 33:21 The best business model to use in starting your STR business 37:00 Building a management company and selling it 42:45 Demand vs supply 43:31 Taking a balanced approach from owners to guests 45:45 How to connect with Simon 46:41 Simon's #1 secret to success with STR 50:23 Acknowledgments to Simon NOTABLE QUOTES "There is no one size fits all, we need to be flexible." - Simon Lehmann "The demand is here but we need to professionalize."  - Simon Lehmann CONNECT WITH THE GUEST Simon Lehmann: Clubhouse | Instagram | Linkedin AJL Atelier CONNECT WITH THE HOSTS Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin https://linktr.ee/the_airbnbguy Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin FREE MASTERCLASS TRAINING - https://www.strsecrets.com/masterclass Learn more about your ad choices. Visit megaphone.fm/adchoices
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Aug 9, 2021 • 40min

Ep 62 - Creating a Guest Experience Through Design with Tatianna Taylor-Tait

GUEST'S BIO  Tatianna Taylor-Tait is an award-winning designer helping individuals design beautiful homes and create passive income through property rentals. With almost 7 years in the Short Term Rental industry, Tatianna now uses her knowledge to educate hosts to stop getting in their own way and build a financially free life that they love. HIGHLIGHTS OF THE EPISODE  03:25 Tatianna Taylor-Tait introduction and background 03:51 How Tatianna started in the STR industry 08:11 Tatianna's first STR deal 10:53 What made Tatianna start her graphic design business 13:36 Jumping into STR with the right resources 16:41 How Tatianna creates a guest experience through interior design 20:57 Making your property stand out 22:58 The abundance mindset 23:34 How Tatianna spends a limited budget 28:15 Tatianna shares what her business looks like 29:57 How STR changed Mike's life 31:00 Tatianna's advice for the listeners 32:01 Tatianna talks about her team 34:37 Acknowledgments to Tatianna 35:06 How to connect with Tatianna 35:56 Tatianna's #1 secret to success with STR NOTABLE QUOTES  "Problems are going to happen but if you put your effort in and keep the course, something's gotta give." - Tatianna Taylor-Tait "Insanity is doing the same thing and expecting a different result." - Tatianna Taylor-Tait "Put in that one little extra to set yourself apart." - Mike Sjogren CONNECT WITH THE GUEST  Tatianna Taylor-Tait: Clubhouse | Instagram | Facebook tatiannataylortait.com Thanks for Booking CONNECT WITH THE HOSTS Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin https://linktr.ee/the_airbnbguy Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin FREE MASTERCLASS TRAINING - https://www.strsecrets.com/masterclass Learn more about your ad choices. Visit megaphone.fm/adchoices
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Aug 2, 2021 • 1h

Ep 61 - The Power of Your Tribe

HIGHLIGHTS OF THE EPISODE  04:10 Join Mike's free training - https://www.strsecrets.com/webinar 05:52  How Mike and E met on M1 07:16 Mike's mental switch on creating income 09:44 The cat story 10:36 Living life by design 13:06 Pushing yourself for more 14:06 Being control of the driver seat for a positive outcome 14:57 Evaluating your circle of friends 15:29 Surrounding yourself with high-level people 16:30 E shares his Ironman story 18:07 Making the first million 19:16 The ripple effect of the right peer group 22:21 The power of your network 22:31 Building relationships with people you want to be like 27:28 How to consistently hit your goals 28:19 Knowing what you want and saying yes 30:09 Investing in yourself 35:29 Leveraging the power of positive peer pressure 41:12 Making connections on the Clubhouse app 42:21 Join the STR Secrets Facebook group - https://www.facebook.com/groups/STRentalsecrets 42:43 Putting full effort into the things that you want to do 44:41 David Goggins and Jocko Willink's podcast 47:23 The rule of thirds 48:02 Being mindful of your blind spots 49:55 Cutting negativity and elevating your peer group 57:55 Join our growing Facebook group - https://www.facebook.com/groups/STRentalsecrets 59:05 Watch Mike's free masterclass - https://www.strsecrets.com/strmasterclass 59:08 Apply to the Mastermind to scale and take your business to the next level - https://www.strsecrets.com/apply 59:18 Sign up for the free Accelerator webinar - https://www.strsecrets.com/webinar NOTABLE QUOTES  "Live life by design." - Emanuele Pani "Most people want the shot but they keep passing the ball." - Emanuele Pani "Put your money where your mouth is." - Mike Sjogren "Tell me who you're with and I'll tell you who you are." - Emanuele Pani CONNECT WITH THE HOSTS Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin https://linktr.ee/the_airbnbguy Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin FREE MASTERCLASS TRAINING - https://www.strsecrets.com/masterclass Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jul 26, 2021 • 46min

Ep 60 - From 0-8 Out of State Co-host Properties in 8 Months With Claire Rosenberg

GUEST'S BIO  Claire Rosenberg is currently working as a Customer Success Manager at Linkedin and is managing 8 short term rentals for homeowners all remotely. She is a co-host of the Millenial Millionaire Real Estate Podcast with Jonathan Farber. She started her STR journey by joining Mike Sjogren's STR Secrets Mastermind coaching program and has scaled to 8 co-host properties in 8 months.  HIGHLIGHTS OF THE EPISODE  04:40 Claire Rosenberg's introduction and background 05:34 How Claire got into the STR industry and real estate investing 09:00 Claire's first short term rental deal  10:24 Claire's STR journey 12:26 The snowball effect of referrals 14:00 Claire's mindset switch scaling from 4 to 8 units 15:42 Problem-solving in business 16:35 Being emotional and passionate in business 18:32 Not every deal is a good deal 20:10 E's tip for cold calling 21:27 Co-hosting out of state 21:24 How Claire manages her STR business while working a 9-5 job 29:29 What is a "Runner" and why they're vital to your business 31:07 Taking care of cleaners 32:40 The reality of out of state co-hosting 36:22 The bare minimum attitude 38:32 Mike's time management tip  42:13 Acknowledgments to Claire 42:51 Claire's #1 secret to success with STR 44:15 How to connect with Claire NOTABLE QUOTES  "The more I think about the abundance that is available to us, the more I realize that I am allowed to say "no" and that something better is gonna come." - Emanuele Pani " I think we should wear our emotions on our sleeves and just live life like that because it's just more real." - Emanuele Pani "Not every deal is a good deal." - Mike Sjogren "Audit your time and be laser-focused on what you want to achieve, and you'll start moving the needle every single day." - Mike Sjogren CONNECT WITH THE GUEST  Claire Rosenberg: Instagram | Facebook | Linkedin Millennial Millionaire Through Real Estate Podcast Short Term Made Easy CONNECT WITH THE HOSTS Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin https://linktr.ee/the_airbnbguy Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin FREE MASTERCLASS TRAINING - https://www.strsecrets.com/masterclass Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jul 19, 2021 • 50min

Ep 59 - From Being a Lawyer to a Successful HostGPO Business Owner with Jeff Iloulian

GUEST'S BIO  Jeff Iloulian has been in the vacation rental industry for over 8 years. He has set up, managed or operated over 250+ vacation rental properties - from master leasing apartment buildings to arbitraging luxury mansions. He has also worked directly with Airbnb on various pilot programs for Airbnb Plus and Luxe. Jeff has successfully grown several businesses and has a passion for interdisciplinary problem-solving in emerging industries. He has a background in Economics and Philosophy from Columbia University and a JD from UCLA School of law. Before becoming an entrepreneur he spent three years as a lawyer practicing Business and Intellectual Property litigation.   HIGHLIGHTS OF THE EPISODE  04:23 Jeff Iloulian introduction and background  05:39 How Jeff got into the STR industry  07:39 Jeff's first deal in STR  08:19 How Jeff scaled and navigated his Airbnb business  10:58 Jeff shares what his team look like  12:55 E talks about his high-end hospitality Airbnb experience in Barcelona  14:12 Jeff shares where he pools his team from 16:01 Jeff's favorite real estate model  17:37 Jeff talks about his goal when he first started with Airbnb  20:12 Factors that made Jeff jump into the Airbnb industry  21:25 Jeff talks about his business HostGPO  25:37 Mike shares his experience working with HostGPO  26:15 Looking at things from a high-level business standpoint  33:12 Jeff's vision for HostGPO and in the Airbnb industry  35:30 Is the STR industry oversaturated  38:31 HostGPO discounted rate categories  41:39 Acknowledgments to Jeff  42:14 Where can people connect with Jeff  44:42 Jeff's #1 secret to success with STR   NOTABLE QUOTES  "Being strategic and opportunistic, keeping your eyes open is I think are the secrets to success." - Jeff Iloulian  "If you're in the early stages, don't live in a wishful world. Don't be afraid to say no to people, opportunities are not limited." - Emanuele Pani   CONNECT WITH THE GUEST Jeff Iloulian: Instagram | Facebook | Linkedin  HostGPO: Website   CONNECT WITH THE HOSTS  Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin  https://linktr.ee/the_airbnbguy  Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin  FREE MASTERCLASS TRAINING - https://www.strsecrets.com/masterclass Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jul 12, 2021 • 50min

Ep 58 - Managing and Growing 400 Units Using Timeshare with Myka Artis

GUEST'S BIO Myka Artis is a short term rental investor utilizing the rental arbitrage strategy and BRRRR to acquire his STRs. He owns 3 STRs and arbitrages over 400+ properties. HIGHLIGHTS OF THE EPISODE 02:34 Join our growing STR Secrets Facebook community - https://www.facebook.com/groups/STRentalsecrets 03:05 Myka Artis introduction and background 04:04 How Myka got into the STR industry 05:16 Myka's first condo in North Arlington 05:45 Myka shares his experience with his parent's timeshare 06:36 Myka's first house on Airbnb 07:00 Myka's first partnership deal 08:31 The power of timeshares 13:32 Myka breaks down his timeshare STR model in depth 14:54 Best set up for an STR space 17:30 Why Myka loves short term rentals 18:23 How Myka got to 400 short term rentals 19:19 What are the things to look out for when running timeshares on Airbnb 21:32 Myka shares how he started with his Airbnb properties 22:25 Myka's favorite real estate investment strategy 23:40 The acquisition cost on a BRRRR deal 25:08 How Myka gets mortgages for his Airbnb properties 28:27 Myka's 5-year vision 29:43 How Profit First changed Myka's perspective 33:06 Myka talks about his team 34:06 Systems that Myka uses for his business 38:04 Credit card hacking 44:38 Where can people connect with Myka 46:35 Myka's #1 secret to success with STR NOTABLE QUOTES "I already have a perfect day planned out of what I want, and I know that I'll be there soon." - Myka Artis "My number one secret to success was just doing it." - Myka Artis "We are just humans and we all have our days but it is the big why of having the vision and understanding what you want, having a partner that you want to do it with, it just makes it all worth it." - Emanuele Pani "The more seeds you plant everywhere, the more opportunities that are going to come your way." - Mike Sjogren CONNECT WITH THE GUEST Myka Artis: Clubhouse | Instagram | Facebook | Linkedin Live Let Thrive: Website| Instagram | Youtube | Facebook CONNECT WITH THE HOSTS Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin https://linktr.ee/the_airbnbguy Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin FREE MASTERCLASS TRAINING - https://www.strsecrets.com/masterclass Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jul 5, 2021 • 42min

Ep 57 - Celebrating Growth and Little Wins While Building Your Airbnb Business with Justin Skinner

GUEST'S BIO Justin Skinner grew up in Springfield, MO, and played collegiate baseball. He owned a commercial photography and graphic design business with his wife when they got their invoices with short term rentals. They have been hosting for about five years now and are in the process of building a lake house short term rental on Table Rock Lake. HIGHLIGHTS OF THE EPISODE 05:04 Justin Skinner's introduction and biography 05:46 How Justin got into the STR industry 07:36 Justin shares his experience with his first deal while doing design and photography work  10:20 Justin's Airbnb story 13:25 How Justin and his wife does pricing 14:07 Justin shares how he interacts with his guests 15:11 E's personal experience about interacting with hosts during his stay in Spain 17:40 Justin talks about his team 18:13 How much time Justin spends on running his units 20:20 Thoughts about hospitality and personal touches 23:51 Types of guests that Justin's Airbnb caters 24:52 The can opener experience 26:45 Justin's units in Missouri 27:46 Sharing bad experiences on their Airbnb 29:37 Justin's 5-year vision 31:20 Insights about self-growth, goals, and success 36:19 Celebrating little wins 37:08 Acknowledgments to Justin 37:50 Where can people connect with Justin 38:36 E's message to Justin 39:47 Justin's #1 secret to success with STR NOTABLE QUOTES "A lot of people say that there's not a lot of opportunities, but the reality is that they are always around and it's just a matter of taking chances." - Emanuele Pani "We are all for growth, we just don't want to overload ourselves and get it into some time crunch" - Justin Skinner "When you look at your life through the shoulds of what other people are doing, you'll just end up being unhappy." - Emanuele Pani "We're content without being content." - Justin Skinner "You can go as big as you want but what is the why behind it." - Mike Sjogren CONNECT WITH THE GUEST Justin Skinner: Facebook | Instagram Prixel Creative LLC - https://www.prixelcreative.com/ Alpha Realty CONNECT WITH THE HOSTS Michael Sjogren: Facebook Group | Facebook | Instagram | Linkedin | Youtube https://linktr.ee/the_airbnbguy Clubhouse handle: @MichaelSjogren Emanuele Pani: Facebook | Instagram | Linkedin Clubhouse handle: @epanirealestate 2021 Goal Achiever Action Guide: www.strsecrets.com/2021 Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jun 29, 2021 • 39min

Ep 56 - Running 40+ Short Term Rentals From Half Way Around the World

HOSTS' BIO Mike Sjogren - Michael is a short-term rental expert and coach. He has a portfolio of STR properties across 5 states as well as an oceanfront boutique hotel. Michael brings a wealth of finance, business, and real estate experience. He is passionate about helping others create financial independence through real estate so they can pursue their passions and leave their mark on the world. Emanuele Pani - Commercial and Residential Real Estate Consultant at Signature International Real Estate. Has a degree in accounting and finance. Started his real estate journey working as maintenance until the owner decided to sell the 40 unit apartment building to Emanuele Pani. HIGHLIGHTS OF THE EPISODE 05:09 E shares his personal experience renting several Airbnbs for his trip to Europe 07:29 How to make your Airbnb amazing 08:56 How to turn your vacation into a productive one 09:48 Evaluating E's experience at the first Airbnb in Spain 13:43 How to set proper expectations to guests 15:13 E's experience on his second Airbnb in Spain 17:35 Why you need to de-personalize your properties 19:29 Providing an ideal guest experience 23:36 E's advice for Airbnb hosts 24:24 Mike's advice for Airbnb hosts  24:47 How E manages his 40 units in Florida while being on a vacation in Europe 27:21 How to become financially free 28:55 Insights about work-life balance 33:23 Finding out what lights you up 34:16 Mike and E talk about financial freedom 35:47 Watch Mike's free masterclass on how to launch, automate and scale a short term rental business - https://www.strsecrets.com/ 35:53 Join our growing free Facebook group - https://www.facebook.com/groups/STRentalsecrets 36:14 How to take your business to the next level -  https://www.strsecrets.com/ NOTABLE QUOTES "This life is really a game of momentum. The real hack is how do you keep the momentum as you are experiencing and enjoying life." - Emanuele Pani "This for me is a dress rehearsal to spending more and more time, and what I am creating is very much the life that I don't need a vacation from." - Emanuel Pani "There is a lot of talk about work-life balance, I think it's a big lie. So for me, it's work-life integration, how do I want to design my life?" - Mike Sjogren "Chase momentum for the things that matter to you." - Mike Sjogren "Financial freedom, it's not a big number every month. Financial freedom is affording the life that you want to afford when you want to afford it." - Emanuel Pani CONNECTING WITH THE HOSTS Michael Sjogren:  Facebook Group |  Facebook | Instagram | LinkedIn | Youtube |  https://linktr.ee/the_airbnbguy Clubhouse handle: @MichaelSjogren Emanuele Pani: Facebook | Instagram | Linkedin Clubhouse handle: @epanirealestate 2021 Goal Achiever Action Guide: www.strsecrets.com/2021 Learn more about your ad choices. Visit megaphone.fm/adchoices

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