Real Estate Investor Podcast
Tune in to the Real Estate Investor Podcast for best in class investing practices from real estate experts! Your host, Gary Lipsky, has more than 30 years of operations and management experience and over 20 years in real estate investing worth over $1/4 Billion. He talks to leading experts to discuss a wide range of subjects to educate investors on how to build legacy wealth and positively impact communities.
Real Estate Investor Podcast
Episode #147: Michael Elefante – Short-Term Rentals Masterclass
If you want to stand out as an investor in the short-term rental market, this is the episode for you! Within 12 months of entering the real estate world, Michael Elefante and his wife had reached their goal of attaining financial freedom. Today, they are managing seven short-term rentals as well as running a coaching program (BNB Investor Academy), a property management company (Hometeam Vacation Rentals), and a design company (Somerled Designs)! Tune in today to hear about the power that lies in leveraging technology in the real estate space, the tools that Michael uses to optimize his approach to short-term rentals, the KPIs that he focuses on, and the goals that he has for the future!
Key Points From This Episode:
- The goal that attracted Michael and his wife into the real estate space (which they achieved within 12 months).
- What Michael’s working life currently consists of.
- How technology has transformed the short-term rental space.
- Michael’s favorite real estate investment tools.
- Factors that are indicative of the success (or not) of a short-term rental property.
- KPIs that Michael focuses on.
- How to set yourself apart from your competitors in the short-term rental space.
- Goals that Michael has for the future.
Links Mentioned in Today’s Episode:
Asset Management Mastery Facebook Group
