75: Short Term Rental Property Investing - How You Can Profit! | Rich Somers

The Short Term Rental Profits Show

Air DNA, Homee, InvitedHome, Garrett Sutton, Vacation Rental Management Association, Meyers Research, Air DNA, Garrett Sutton, and Vacation Rental Management Ass द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Air DNA, Homee, InvitedHome, Garrett Sutton, Vacation Rental Management Association, Meyers Research, Air DNA, Garrett Sutton, and Vacation Rental Management Ass या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।

1+ y ago 21:17

MP3•एपिसोड होम

Housing trends are changing: people are not just staying in short term rentals anymore, they are LIVING in them! Jason Hartman interviews Rich Somers, Commercial Real Estate Investor, Co Founder/ Principle - Pac 3 Capital, founder of Fortune Cribs and host of The Multifamily Takeoff Podcast. Jason and Rich discuss how to get started in multifamily, short term rental and boutique hotel investing.

Are short term rentals a viable investment option right now? Brian Chesky, CEO of Airbnb said recently, people are not staying in short term rentals; they're LIVING in short term rentals. One other thing that has made the short term rental market do very well, are the current mass migration trends, where everybody is shuffling around and changing their lives. Post lockdown, people went to new places and lived in Airbnbs while checking out different cities and looking for permanent homes. Learn how you can profit from this new trend!

Key Takeaways:

0:00 Welcome Rich Somers, founder of Fortune Cribs

1:48 How Rich started in multifamily/short term rental investing

2:46 Cash flow in the short term rental space

4:00 Advice on syndication and raising money

5:26 Rich’s syndication model

6:19 Getting started in short term rental investing

7:32 Fortune Cribs short term rental startup

10:03 Is the short term rental market oversaturated?

11:58 Mass migration has also helped the short term rental market, but will it last?

13:33 Another investment opportunity - boutique hotels

15:30 Forcing appreciation on a short term rental

17:10 How to find these kind of deals

19:02 There will never be a perfect time to start, so get going!

20:06 Learn more at https://fortunecribs.com/ & https://www.pac3capital.com/

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