Leveraging Short-Term Rentals with Jonathan Pacilio
Weiss Advice
English - September 25, 2022 11:00 - 34 minutes - 23.8 MB - ★★★★★ - 231 ratingsInvesting Business Entrepreneurship advice apartment investing real estate commercial real estate multifamily investing cost segregation cre linkedin real estate investing Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Jonathan Pacilio shares his journey from working in the finance industry to becoming a full-time real estate investor. He discusses how he transitioned from long-term rentals to short-term rentals, and how it took just seven high-performing short-term rentals for him to make the transition. He shares how important it is to have a mix of short-term and long-term rental properties in order to make the most money, and how juggling work and family can be a challenge when entering this type of business. He believes that the short-term rental space is undervalued and there is a lot of opportunity available for those who are willing to work hard.
[00:01 - 07:14] Opening Segment
Welcoming Jonathan to the showWhat does it take to leave your full-time job?The difference between a long-term and a short-term rental[07:14 - 18:05] How to Succeed in Running a Short Term Rental Business
The importance of setting up an automated system in order to run a short-term rental businessShort-term rentals are a growing market, but they remain underutilizedShort-term rentals are a great way to make extra money and provide affordable housing for people in need[18:04 - 24:32] Difference in Advertising Units and the Short-Term Dojo
Utilizing services such as Rabbu Inc. and STR InsightsJonathan talks about the Short-Term DojoBridging discipline in martial arts to entrepreneurship[24:32 - 34:37] THE FINAL FOUR
What's the worst job that you ever had? What's a book you've read that has given you a paradigm shift?What is a skill or talent that you would like to learn?What does success mean to you?Connect with Jonathan Pacilio
Facebook: Short Term Dojo
Twitter: Short Term Dojo
Instagram: Short Term Dojo
YouTube: Short Term Dojo
Website: www.JonathanPacilio.com
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Tweetable Quotes:
“Money is super important…but success, it’s more about financial freedom and time management.” - Jonathan Pacilio
“Picking up the right short-term rental is monetarily life-changing from anything; from a single mom to someone who makes high six figures and wants to start creating steps to exit.” - Jonathan Pacilio