24 min
Operating & Scaling a Successful Short Term Rental Business REady2Scale - Real Estate Investing
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- Investing
Short term rentals are one of the hottest areas in real estate investing and, after speaking with this week’s guest, it’s easy to see why.
Alex Jarbo is the Founder and CEO of Sargon Investments; a short term rental/hospitality business based in Asheville, North Carolina that has a goal of developing 650 cabins in the next 2-3 years. Alex is the host of the YouTube channel Alex Builds, where he teaches the ins and outs of short term rental development and management and he’s about to launch a new course aimed at helping other potential investors learn from his experiences. Prior to his real estate career, Alex served in the US Marine Corps for 4.5 years.
Alex shares his experiences in short term rentals & hospitality and how he operates each of his properties like a business. His strategy of developing unique properties comes from a strong focus on his guests; he has a deep understanding of what makes his market unique and how he makes his properties “Instagrammable”; thinking about the guest experience to help amplify his marketing efforts. He also discusses how he was able to navigate supply chain issues while building new properties, the importance of relationships to create offline opportunities (outside of online travel agents), and he even shares a story of how he was able to work with AirBNB to remove a fabricated complaint that temporarily removed his Super Host status.
Key Takeaway:
When thinking about the short term rental market, focus on the uniqueness of your property, knowledge of the local market and building strong relationships to help boost the performance of your properties. Move beyond a “set it and forget it” approach that relies on just AirBNB or VRBO as your only sales channel and focus on creating a unique experience for your guests to boost year-round cash flow and help your properties stand out from the competition.
How to Contact Alex:
Company Website: www.estesgandhi.com
Personal Website: www.alexjarbo.com
LinkedIn: www.linkedin.com/in/alex-jarbo-28a940139/
YouTube: www.youtube.com/AlexBuilds1
Are you REady2Scale Your Multifamily Investments?
Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.bluelake-capital.com.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Short term rentals are one of the hottest areas in real estate investing and, after speaking with this week’s guest, it’s easy to see why.
Alex Jarbo is the Founder and CEO of Sargon Investments; a short term rental/hospitality business based in Asheville, North Carolina that has a goal of developing 650 cabins in the next 2-3 years. Alex is the host of the YouTube channel Alex Builds, where he teaches the ins and outs of short term rental development and management and he’s about to launch a new course aimed at helping other potential investors learn from his experiences. Prior to his real estate career, Alex served in the US Marine Corps for 4.5 years.
Alex shares his experiences in short term rentals & hospitality and how he operates each of his properties like a business. His strategy of developing unique properties comes from a strong focus on his guests; he has a deep understanding of what makes his market unique and how he makes his properties “Instagrammable”; thinking about the guest experience to help amplify his marketing efforts. He also discusses how he was able to navigate supply chain issues while building new properties, the importance of relationships to create offline opportunities (outside of online travel agents), and he even shares a story of how he was able to work with AirBNB to remove a fabricated complaint that temporarily removed his Super Host status.
Key Takeaway:
When thinking about the short term rental market, focus on the uniqueness of your property, knowledge of the local market and building strong relationships to help boost the performance of your properties. Move beyond a “set it and forget it” approach that relies on just AirBNB or VRBO as your only sales channel and focus on creating a unique experience for your guests to boost year-round cash flow and help your properties stand out from the competition.
How to Contact Alex:
Company Website: www.estesgandhi.com
Personal Website: www.alexjarbo.com
LinkedIn: www.linkedin.com/in/alex-jarbo-28a940139/
YouTube: www.youtube.com/AlexBuilds1
Are you REady2Scale Your Multifamily Investments?
Learn more about growing your wealth, strengthening your portfolio, and scaling to the next level at www.bluelake-capital.com.
Learn more about your ad choices. Visit megaphone.fm/adchoices
24 min