Real Estate Experiment Ruben Kanya

Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint



In this episode of "The Real Estate Experiment," Ruben Kanya offers a compelling recap of the recent MTR Summit event held in San Diego, which he co-hosted with Vivian Yip and esteemed peers Dr. Rachel Gainsbrugh, Noble Crawford, and Sara Weaver. Ruben shares his heartfelt experiences connecting with his mastermind students and members of the Experiment Nation community, emphasizing the profound impact of hallway conversations in helping individuals clarify their goals and chart a path to success. He underscores his steadfast commitment to the "who not how" approach, recognizing the transformative power of mentorship and peer support in achieving collective goals.



Ruben distills his core beliefs, echoed at the sold-out event preceding the MTR Summit, into three pillars of success: Decision, Desire, and Discipline. Drawing on his recent experiences, Ruben illustrates how these pillars serve as guiding principles for Experiment Nation, challenging listeners to make the decision to embrace these values and pursue their aspirations with unwavering determination. As Ruben aptly observes, only time and tangible results will reveal the impact of this pivotal decision-making process on individual and collective success. Tune in to gain invaluable insights and inspiration for your own journey towards success in the real estate industry.



#MTR #MTRSummit #MTRsecrets

Get the Midterm Rental Insurance Blueprint: ⁠⁠https://experimentrealestate.com/#blueprint⁠



Join Ruben Kanya in this insightful episode of "The Real Estate Experiment," where he delves into the critical fundamentals that should not be overlooked when venturing into the mid-term rental insurance space. Ruben emphasizes the importance of combining these fundamentals with a robust buying criteria to pave the way for success in the insurance market.



Listeners will gain valuable insights into the key factors to consider when selecting properties for mid-term rental insurance, including accessibility, layout, and location. Ruben underscores the significance of evaluating these aspects meticulously to ensure optimal profitability and tenant satisfaction.



Moreover, Ruben stresses the necessity of having a well-defined exit strategy and conducting thorough market research before investing in vacant properties. By carefully considering these factors, investors can mitigate risks and maximize returns in the insurance space.



Don't miss this episode for essential guidance on navigating the mid-term rental insurance market with confidence and strategic foresight. Tune in and discover how to build a solid foundation for success in the dynamic world of real estate.



#MidtermRentalInsurance #RealEstateInsights #PropertyInvestmentWisdom

Get the Midterm Rental Insurance Blueprint: ⁠https://experimentrealestate.com/#blueprint⁠


Welcome to the lab. Today, we're honored to host Lamè Kinikini, the visionary owner of Elk Ridge Management, a trailblazer in the realms of creative finance and short-term rentals, boasting a staggering portfolio exceeding $15 million in owned real estate and over $50 million under management.

Join us as Lamè unveils his ascent from the trenches of the nine-to-five grind to becoming a real estate maverick. Back in 2017, Lamè embarked on his journey with a burning desire to break free from the shackles of traditional finance. Armed with a history of hustling in sales, Lamè solved the problem of showcasing enough income for property acquisition while maximizing write-offs to mitigate tax liabilities.

With determination, Lamè navigated the complexities of real estate finance, overcoming obstacles and pioneering the fusion of Airbnb and furnished rentals, leading to the creation of Elk Ridge Management.

Today, Lamè stands as a beacon of entrepreneurial ingenuity, blending creative finance with the short-term rental market. In this episode, he shares invaluable insights into financing strategies, the power of continuous self-education, and the keys to building a successful management company in the competitive real estate world.

If you're seeking to learn creative ways to get into real estate without substantial resources or property, this episode is a must. Tune in now and start taking control of your financial future!

HIGHLIGHTS OF THE EPISODE:

13:00 Lame talks about the science in selling

20:21 Lame talks about self education and why we should invest in ourselves



KEEPING IT REAL:

05:30 Financing when you can't show enough income

07:24 Creative Financing: a better way of acquiring without the tax bill

12:33 The value of understanding the science in selling

19:41 The importance of self education and investing in yourself

38:48 Giving yourself permission to take action

44:40 Why you pay for a mentor

47:48 Management company as a way to partake in real estate without

money or your own property

51:56 How to position your company to be above the marketplace

58:33 Adding Creative financing to the short term rental model 

01:00:00 Buying from sellers directly through creative financing

01:05:12 Underwriting with long term rentals in mind

01:07:19 The value of mentorships, coachings, and creating a community

01:09:57 We are OUT!



CONNECT WITH THE GUEST

Website: https://elkridgemgmt.com/

Linkedin: https://www.linkedin.com/in/hailamekinikini/

Instagram: https://www.instagram.com/hailamek/?hl=en

Linktree: https://linktr.ee/lamekinikini

Tiktok: https://www.tiktok.com/@lamekinikini

#CreativeFinancing #ShortTermRentals #RealEstateInvesting #InvestmentStrategies 

Get the Midterm Rental Insurance Blueprint: ⁠⁠https://experimentrealestate.com/#blueprint⁠

In this eye-opening episode of “The Real Estate Experiment,” we explore the immense potential of operating Mid-Term Rentals Insurance businesses remotely, even out of state or country borders. With the promise of less turnover, reduced headaches compared to traditional Airbnb hosting, and the potential for increased profits, this opportunity presents itself as a game-changer in the real estate industry. Hosts and investors alike are urged not to overlook the significant advantages this strategy offers.

Listeners are encouraged to consider integrating this remote operating model into their existing portfolio, unlocking a new level of freedom and flexibility in their lives. With the ability to manage properties from afar and minimize the day-to-day management challenges associated with short-term rentals, this approach represents a compelling avenue for entrepreneurs seeking to expand their reach and maximize returns.



Don’t miss out on this chance to revolutionize your real estate business and achieve greater success on your own terms. Tune in to discover how you can leverage the power of remote Mid-Term Rental Insurance operations for unparalleled growth and profitability.

#MTR #remote #operations

Get the Midterm Rental Insurance Blueprint: ⁠https://experimentrealestate.com/#blueprint⁠

Welcome to the lab! Today, we're diving into the world of short-term rentals and entrepreneurial triumph with our distinguished guest, Mike Reilly. As a Short-Term Rental Business Owner, Investor, and VP of Coaching and Operations at Short-Term Rental Secrets, Mike's journey is nothing short of inspiring.

Join us as Mike shares his compelling story driven by the desire to reclaim his time and prioritize what truly matters. From battling kidney disease at a young age to both him and his wife committing themselves to a journey of financial freedom, through short term rentals.

A former student athlete — tennis player turned golf enthusiast, Mike thrives on the challenges of the game, mirroring his approach to life and business. Despite setbacks, including a career-threatening health scare during college, Mike's tenacity propelled him forward, eventually leading him to a fulfilling career in real estate.

In this episode, Mike delves into the intricacies of real estate investing, emphasizing the importance of having a backup plan and leveraging connections to achieve success. From taking calculated risks to maximizing profits through strategic investments, Mike's insights offer a roadmap for aspiring entrepreneurs.

Discover how Mike's journey unfolded, from a corporate job at Google to embracing the world of real estate full-time with his wife. Learn about the power of timing, connections, and performance-based income in realizing your goals in the dynamic realm of real estate investing.

Moreover, Mike sheds light on the nuances of short-term rentals and co-hosting, sharing tactics for maximizing occupancy and profitability while emphasizing the significance of accessibility for all individuals.

If you're looking to unlock the secrets of real estate success and harness the potential of co-hosting and short-term rentals, this episode is for you. 

HIGHLIGHTS OF THE EPISODE:

08:58 Mike talks about why connections are important in real estate investing.

18:18 Mike talks about taking risks and why it's necessary for success in real estate.

KEEPING IT REAL:

05:01 Mike’s journey in real estate and the importance of having a backup plan

10:02 The role of connections and career paths in real estate investing

15:01 The power of timing and connections in achieving success

20:01 Taking risks for success in real estate investing

25:00 Maximizing profits through strategic real estate investments

30:02 Maximizing occupancy and profitability for short-term rentals

35:01 Efficiency, learning from others, and simple math in real estate investing

40:00 The power of performance-based income and its role in achieving goals

45:00 Investing in real estate and starting a co-hosting business

50:00 The value of time and making decisions based on personal desires

55:02 The value of time and its impact on decision-making and strategies

01:00:03 The journey of a successful short-term rental business owner

01:05:00 Improving accessibility for individuals with disabilities in vacation rentals

01:08:24 We are OUT!

CONNECTING WITH THE GUEST

Website: https://www.strsecrets.com/

Linkedin: https://www.linkedin.com/in/mikereilly55/

Instagram: https://www.instagram.com/mikereillync/
#ShortTermRentals #RealEstateSuccess #CoHostingTriumph #ConnectionBuilding

Get the Midterm Rental Insurance Blueprint: ⁠https://experimentrealestate.com/#blueprint⁠

Welcome to the lab, and today we delve into the realm of short-term rentals and entrepreneurial success with our esteemed guest, Jeremy Werden, Co-Founder of BNBCalc and Host of the Short-Term-Rental Pros Podcast.

Join us as Jeremy takes us on a riveting journey from his humble beginnings as a first-time short-term rental investor to now overseeing a thriving portfolio of 25 Airbnb listings and 7 boats, generating over $1,000,000 in revenue annually.

In this captivating episode, Jeremy shares his remarkable story of building a successful business with minimal startup capital and documenting his journey to financial freedom, amassing a dedicated social media following of over 200,000 enthusiasts along the way.

Jeremy discusses how he navigated the challenges of the pandemic, seizing control of his life and career, and finding innovative ways to test the viability of his ventures before investing. He reveals the secrets behind the success of his summer boat rental venture and his experiences with co-hosting and arbitrage during turbulent times.

Drawing from his expertise in buying and renting properties, Jeremy provides invaluable insights into the profitability and demand for short-term rentals, highlighting them as a pathway to financial independence and generational wealth. He explores emerging trends in the real estate market, including the "silver tsunami" of opportunities and Japan's rise as a global economic leader.

Furthermore, Jeremy shares his entrepreneurial journey in creating BNBCalc, a groundbreaking web application for short-term rental investors, and discusses the transformative power of demographic shifts and business strategies in today's dynamic landscape.

If you're seeking inspiration to take control of your career, explore the lucrative world of short-term rentals, or tap into emerging opportunities in the real estate market, this episode is a must-listen. Tune in now as Jeremy Werden shares his wisdom, experience, and actionable strategies for success in the ever-evolving realm of entrepreneurship and real estate investing!

HIGHLIGHTS OF THE EPISODE:

10:25 Jeremy talks about why you should test the viability of a business before investing

39:47 Jeremy talks about how he created a web app for commercial loans

KEEPING IT REAL:

05:01 Taking control of life and career during the pandemic

10:00 Testing the viability of a business before investing

15:01 The success of a summer boat rental venture

20:00 Co-hosting and arbitrage during the pandemic

25:01 Experience with buying and renting properties

30:02 The profitability and demand for short-term rentals

35:01 The "silver tsunami" of real estate opportunities

40:03 The journey of creating a successful web application for commercial loans

45:00 Opportunities and trends in the short-term rental and real estate market

50:02 Business strategies and demographic shifts

55:02 Japan's rise as a leader in the global economy

01:00:01 Insights from The Economist and Morning Brew discussing success and change

01:03:25 We are OUT!

CONNECT WITH THE GUEST

Website: https://www.bnbcalc.com/

Linkedin: https://www.linkedin.com/in/jmwerden/

Instagram: https://www.instagram.com/jeremywerden/?hl=en

Linktree: https://linktr.ee/STRprospodcast

Youtube: https://www.youtube.com/channel/UCPACQuaK_bLC6molJb4K4kA

Tiktok: https://www.tiktok.com/@jeremywerden

X: https://twitter.com/jeremywerden

#ShortTermRentals #RealEstateInvesting #EntrepreneurialSuccess #InvestmentStrategies