Short Term Rental Secrets Podcast cover image

Short Term Rental Secrets Podcast

Latest episodes

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Aug 24, 2020 • 50min

Ep 14 - STR Secrets - Using Data to Find the Perfect Short Term Rental with Rory Cummins

GUEST BIO Rory Cummins grew up in Charlotte NC & studied business at ASU. He spent the next 8 yrs as a project manager in new home construction though I later moved into sales. After a few years, he decided to leave the US to fulfill a dream of world travel which took me through 5 continents over 1-1/2 years. The experience was life changing, and he met my wife while traveling & ended up back in Charlotte. In the past few years he's flipped 21 homes, grown a Realtor business, managed Airbnbs and long term rentals, & he's currently with Keller Williams. He has a 1 yr old and 4 yr old daughter that keep him engaged. He's a voracious reader, loves to mountain bike & he's addicted to travel. HIGHLIGHTS OF THE EPISODE 03:08  Rory’s introduction 04:30  Rory’s process of being on the construction side to short term rentals. 08:52  Purchasing the property to have control over it. 11:04  The great thing about co-hosting. 13:30  Mindset around identifying the right market and properties in certain areas. 18:45  Airdna and other systems Rory uses when acquiring properties. 23:21  Don’t put yourself in a negative situation. 25:11  One of Rory’s new criteria. 27:52  Handling and managing properties in multiple markets. 31:33  How to analyze markets. 32:07  How Rory’s helps with the business. 33:55  Rory's team. 39:16  What systems are Rory and his team are using? 40:45  Mastermind your property. 45:49  Rory’s number 1 secret for success in short term rentals. 47:43 Where can people find Rory Cummins? CONNECTING WITH THE GUEST Facebook: www.facebook.com/rory.cummins.12 Instagram: www.instagram.com/kw_rcummins LinkedIn: www.linkedin.com/in/rorycummins Gmail: rc6260@gmail.com Website: www.coolbnbs.com, funbnbs.com Learn more about your ad choices. Visit megaphone.fm/adchoices
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Aug 17, 2020 • 43min

Ep 13 - STR Secrets - Thinking Biggest & Building Multiple Streams of Income with Len Giancola

GUEST BIO Len Giancola - has over 25 years of experience in Executive Management and Business Ownership. Formerly a Managing Director of Global Securities Finance in New York,  responsible for a $16 billion trading portfolio, he is now an Officer/Board Member of over 30 corporations. With well over $100 million in sales over the last decade, including a successful residential development company, vacation rental property management company and diversified investment and online technology portfolio, Len is a Founding Partner of MJ.com and is a frequent media guest on international podcasts such as Rich Dad Radio with Robert Kiyosaki along with many other entrepreneurial and mentorship vehicles. HIGHLIGHTS OF THE EPISODE 02:40  Guests influence on the hosts. 04:45  Len’s life in “The Bubble” 06:57  From "Successful wall street career" to taking back control of Len's life. 10:35  What people don’t realize. 12:51  How he built his business without putting $1 into it. 15:28  What systems he put in place while his business was growing. 19:03  Len’s Octopus mentality. 22:01  How does somebody value a short term rental company? 25:03  Len keeps some properties that’s performing well. 28:12  Why certain types of short term rentals will always have an advantage over anything. 32:07  Having the experience to handle situations that we are in from past experiences. 35:23  How and why he got into legalized Marijuana or Cannabis. 39:27  Where he spent his 1st 6 months of 2020. 40:31  Len Giancola’s secret for success in short term or vacation rentals. 41:41  Where can people find Len Giancola? CONNECTING WITH THE GUEST Facebook: https://bit.ly/2DRmXn4 Instagram: https://bit.ly/2DRmKQO Website: mj.com Learn more about your ad choices. Visit megaphone.fm/adchoices
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Aug 10, 2020 • 45min

Ep 12 - STR Secrets - Millionaire Insights in Hospitality & Real Estate with Matty Aitchison

GUEST BIO Matt Aitchison is a real estate investor, business coach, speaker and philanthropist. He’s flipped hundreds of houses, built a Top 1000 real estate team in the U.S, and now focuses solely on scaling his passive income portfolio made up of commercial strip centers, a hotel, and single family rentals. Matt is extremely passionate about helping others create more wealth, freedom, and fulfillment in their life and business through real estate investment opportunities and is also the host of the Millionaire Mindcast, a Top 100 ranked business podcast. Most importantly, he’s a husband to his amazing wife Marie and two beautiful daughters, Ella and Evelyn. HIGHLIGHTS OF THE EPISODE 03:38  Matt’s backstory. 13:43  Be a Chinese acrobat. 17:32  The key part of who you surround yourself with. 19:45  What triggered Matt to get into the hospitality space. 25:51  Matt’s systems and procedures and who is helping him. 31:53  Reservation systems that Matt and his team are using. 34:56  Bookings because of contactless hotels. 41:00  Matt’s number 1 secret for success in hospitality and real estate. NOTABLE QUOTES (KEY LESSONS): Analogy - “One foot from gold or 3 foot from gold” - Matthew Aitchison Text the word “Invest” to 844-447-1555 for a free course! CONNECTING WITH THE GUEST Facebook: https://www.facebook.com/officialmattya LinkedIn: https://www.linkedin.com/in/maitchison/ Instagram: https://www.instagram.com/officialmattya/ Email: MattyA@Millionairemindcast.com Website: https://www.playparklodge.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices
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Aug 3, 2020 • 49min

Ep 11 - STR Secrets - The Pros and Cons of a Blended Portfolio of Short, Mid & Long Term Rentals with Jay Perry

GUEST BIO Jay (Jaronda) Perry has been active in residential real estate for over 15 years. She bought her first house at 23, and worked for a boutique firm before starting her own property management and brokerage firm called Prosperity Homes in 2011. Prosperity Homes has a unique business model. The company signs a lease with the property owner that gives the company the right to sublet while the owner gets guaranteed rent for up to three years. Ms. Perry deeply enjoys turning houses into homes and providing clients with affordable short term housing as well as helping others learn from her mistakes. In addition to her real estate work, Ms. Perry works full-time as a computer systems engineer and is a proud Auntie to five nephews and two nieces. HIGHLIGHTS OF THE EPISODE 02:59  Jay’s introduction 04:42  A walkthrough on how she manages 70 units plus a fulltime job. 06:39  How Jay got her 1st management client. 10:40  Jay's unique master lease management model. 12:21  What she covers with the 15%. 13:57  Managing risk. 17:03  The first time she did short term rental on a master lease. 18:48  Did her fee increase after doing short term rentals? 19:33  Design aesthetics.  20:42  How to get high-end furniture on the cheap. 24:08  Big companies sell cheap but high-end furniture. 25:18  Why short term rentals are more profitable and stable during Covid. 26:18  Her long term rentals status. 27:21  Being committed and creative in your Airbnb business. 31:50  Key when creating or starting a side hustle 34:39  Her short term rentals systemization. 36:13  The goal. 37:03  The biggest focus. 41:05  Jay’s Why. 45:53  Number one secret for success with short term rentals 47:43  Mic drop moment. NOTABLE QUOTES (KEY LESSONS): “You get in life what you have the courage to ask for.” - Jay Perry “If you want your business to look a certain way and to have a certain amount of free time, set it up that way.” - Jay Perry CONNECTING WITH THE GUEST Facebook: https://www.facebook.com/jaronda.perry Website: http://prosperity-homes.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jul 27, 2020 • 52min

Ep 10 - STR Secrets - Scaling to 200 Units & Launching a Guest Screening Software with Anton Zilberberg

GUEST BIO Anton Zilberberg - Started his professional hosting career when he was traveling around the world and renting his apartment on airbnb. He brings a tech background so he started building tools to optimize his listings which turned into a property management with over 200 properties at its peak. Realizing the need for trust and safety within his space, he’s now helping the largest companies in the world, to protect their assets, validate their guests and reduce fraud through a company that he founded called Autohost. HIGHLIGHTS OF THE EPISODE 02:50  Anton’s backstory. 06:12  How he launched his management company. 09:11  The most common thing Anton hears about right now. 12:50  A great analogy from Anton. 14:49  What a referral infrastructure looks like. 19:40  Talks about Anton’s company revenue stream. 21:38  How Anton’s business evolved. 23:30  Unmeasured and measured experiments. 25:49  Advantages of having good insights for a business. 27:29  Anton’s inspiration to start his company Autohost. 32:48  Who is using Anton’s company Autohost during these times (Covid crisis) 35:56  What a fraud and credit card scheme looks like. 38:50  Hotels have no security process. 42:50  How you can connect with Anton and Autohost.ai. 43:51  “General screening questions” if a booking is legit. 46:16  Anton’s top secret to building a successful short term rental business. 47:37  Talks about compensation. CONNECTING WITH THE GUEST Facebook: https://www.facebook.com/zilberberg LinkedIn: https://www.linkedin.com/in/antonzilberberg/ Website: https://www.autohost.ai/ Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jul 20, 2020 • 45min

Ep 9 - STR Secrets - From 0 to 130 Properties and $8M in Bookings in 3 Years With Julie George

GUEST BIO Julie George is the author of the “Million Dollar Host” and is now a consultant in the short term rental industry. She listed her first property on Airbnb in 2016 and in less than 3 years she was managing 130 properties on Airbnb for property owners and had amassed an excess of 8 million dollars in bookings. In late 2019 she sold her property management business to a larger company. She is now considered one of the world's leading experts in Short term rentals and consults other entrepreneurs on how to build a successful business in the sharing economy. HIGHLIGHTS OF THE EPISODE 02:45  Julie’s introduction 04:26  How she ended up getting in the Short term rental game. 05:41  Her next step after she got her listings up and running. 07:56  How she convinced her investors about doing Airbnb 09:40  How she came up with her systems 11:41  Salaries and breakdowns 13:19  How she structured the business 14:49  How she handles contractors with bad reviews 16:24  Who handles the financial side of the business 18:10  How she tried to branch out to other platforms and how it went out 20:10  How Airbnb went during Covid19 21:08  How she utilized her website 23:32  Her special way on approaching real estate brokers 25:39  Did she consider giving commissions to real estate brokers 27:17  How she identifies her ideal property owner. 29:41  What her day looks like now that she's not a host anymore 31:50  Her next step 34:39  What business men were looking for to acquire her business 39:41  Her thoughts and where she sees the entire business going with Covid 42:41  What is her number 1 best secret for success as a short term rental operator? NOTABLE QUOTES (KEY LESSONS): “That first property’s gonna be the hardest one to get but once you’ve got it you’re gonna figure it out.” - Julie George “Smile your way  through any mistakes and just enjoy the ride.” - Julie George BOOKS MENTIONED: Million Dollar Host - Julie George CONNECTING WITH THE GUEST Facebook: https://bit.ly/32oYoHR LinkedIn: https://bit.ly/2WrPXrA Instagram: https://bit.ly/3hvbUhJ Website: milliondollarhost.com.au Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jul 13, 2020 • 36min

Ep 8 - 4 Steps to Building Your Dream Short Term Rental Business

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 01:28  Why you should watch our previous episode with Nicholas Spohn. Ep. 7 03:12  What we’ll cover in this episode. 04:04  First key/step: Setting yourself up. Changing your identity 08:17  Books and Podcast recommendations 09:56  It takes time to become who you are. 11:04  Visualizing yourself. 14:02  Second key/step: Defining what you want your business to look like. 20:11  The different identities that associate with the 2 different people. 22:57  Third key/step: Define who your investor avatar is. 24:12  Why work with sophisticated investors 26:06  Fourth and last piece/key/step: Start Planting your seeds 29:06  You need to be captivating. 32:55  When shifting your beliefs. 32:53  Give value instead NOTABLE QUOTES (KEY LESSONS): “f you don't put yourself in the right environment you're not gonna grow.” “The juices in actually hitting the goal is it's becoming the person you need to be to hit the goal.” - Michael Sjogren BOOKS MENTIONED: Psycho-Cybernetics by Maxwell Maltz Think and grow rich by Napoleon Hill The Power of your Identity by Rock Thomas Becoming Supernatural by Joe Dispenza CONNECTING WITH THE HOSTS Michael Sjogren:  Facebook | Instagram | LinkedIn | Youtube Emanuele Pani: Facebook | Instagram | LinkedIn | Youtube Website: www.strsecrets.com Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jul 6, 2020 • 33min

Ep 7 - STR Secrets - Converting an 1800s Jail Into An Airbnb With Nicholas Spohn

GUEST BIO Nicholas Spohn has devoted his life to all things personal development. Through studying health, spirituality, psychology, hypnosis, NLP, reiki and various other modalities he has created a comprehensive system to understand what drives human behavior. Nicholas is also an Airbnb super-host and creative financing expert. Most recently, he recently purchased an 1800’s jail which was converted into a bed and breakfast called Elkader JailHouse Inn. HIGHLIGHTS OF THE EPISODE 02:58  Nicholas’ background and how he got into the business 04:56  How he got his jail deal and how he built his real estate portfolio 06:31  His 3 steps of hypnotic influence 08:18  How he found his jail deal 09:12  How he analyzes a deals, upside potential and management improvement 11:26  A property that becomes the destination 15:12  How he views deals to make it work 19:00  How an easy website can change how the business flows 21:32  One of his most empowering beliefs 23:34  The number one secret to success as an airbnb host or as a Short term rental host 25:08  Why the owners of the house sold the place 25:48  Make mistakes and learn. That’s how you build a business 27:10  A part of being adaptable 28:15  Why Nicholas Podcast is recommendable when you want to start a short term rental business 30:05  Talks about the book Psycho-Cybernetics by Maxwell Maltz 31:25  Where you can find more about Nicolas jail house NOTABLE QUOTES (KEY LESSONS): “It’s not the strongest or the most intelligent who will survive but those who can best manage change” - Charles Darwin “Say yes and figure it out later” - Rock Thomas BOOKS MENTIONED: Psycho-Cybernetics by Maxwell Maltz CONNECTING WITH THE GUEST Website: elkaderjailhouseinn.com Facebook | Instagram Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jun 29, 2020 • 41min

Ep 6 - STR Secrets - How to Let Go of Control And Hire A Team To Run Your Short Term Rental With Kristin Saxton

GUEST BIO Kristin Saxton - A seasoned short-term rental host living in Texas while running her “Secret Garden” property in South Florida. She’s a free-spirited, detail-oriented person who loves hospitality and providing her guests with a 5 star experience all while living out of state. HIGHLIGHTS OF THE EPISODE 03:58  Kristin’s background and how she got into the business 10:56  How she found her co-host 13:57  Her plans on getting more units and how she maintains her customer service 15:12  Setting expectations and preventing problems in short term rentals 19:09  How she overcame fear and how she became confident with her properties 23:26  Why hire a separate cleaning team 26:58  The biggest thing that she learned when she started short term rentals 28:37  Her smart systems in her property and security features 31:00  How many hours she spends to run her properties 32:35  Her employees and co-hosts 33:30  Canceled reservation experience and how to deal with it 37:13  Her secret to creating a profitable short term rental business NOTABLE QUOTES (KEY LESSONS): “In truth, you have to learn to let go and learn to let people do things that the way they’re gonna do them and not necessarily the way you would do them.” - Kristin Saxton CONNECTING WITH THE GUEST Email: secretgardenairbnb@gmail.com Facebook | Instagram Learn more about your ad choices. Visit megaphone.fm/adchoices
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Jun 24, 2020 • 49min

Ep 5 - STR Secrets - The State of the STR Industry & Renting Responsibly with David Krauss

GUEST BIO David Krauss has been in the real estate space since 2012 and started flipping houses and condos in Boston and realised the potential of putting them on airbnb early on. Everything was going great until some people threw a massive party on his property and got a letter from the City which triggered him to go out and co-found the company NoiseAware. And just over a year or so he again found Rent Responsibly. HIGHLIGHTS OF THE EPISODE 06:01  What triggered him to think about short term rentals from flipping houses? 14:47  Everybody needs to get involved. 17:10  The feedback's that he’s getting about airbnb since states and counties are opening 24:47  Democratizing travel looks like 27:05  Inner workings of Rent Responsibly 32:44  Where Rent Responsibly started 36:56  Consistent Airbnb employee compensations and host surveys 38:52  The secret or the best advice for someone who just started on Airbnb or wants to scale up in this business 46:27  Why he hates the work “Advocacy” NOTABLE QUOTES (KEY LESSONS): Ford model T analogy - This was when cars were not seen as a great way of transportation before and up until 20 years later is when they started making laws on how cars operate on roads since roads were made for horses and buggies at the time. Then David Krauss explained how airbnb will soon become like what happened to the Ford model T in this generation. CONNECTING WITH THE GUEST Website: rentresponsibly.org Facebook | Instagram | LinkedIn Learn more about your ad choices. Visit megaphone.fm/adchoices

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