From Startups to Short-Term Rentals: Building Success Through Property Management, Partnerships, and Mentorship

Welcome to another episode! We're thrilled to share the remarkable journey of Madi and Skyler, two short-term rental investors with a story that'll inspire you. 🎙️

Join us as we dive into their adventure from California to Hudson, New York. Discover how a strategic move, selling their property in Big Bear, catapulted them towards their investment goals.

Madi, with a background in skincare, had her world rocked when her startup job closed its doors. However, in the face of uncertainty, she saw an opportunity—a pivot to the world of real estate. Hear firsthand how this decision provided her with invaluable entrepreneurship experience minus the typical risks.

In this episode, we delve into the intricacies of their journey, from managing properties and forging strategic partnerships to building a top-notch team for a luxury brand. We'll also explore their approach to raising capital for their Upstate Lake House project and the significant impact of social media on their investments. 💰🏡📱

But that's not all; the power of mentorship plays a crucial role in their story. Learn how they harnessed the wisdom and guidance of mentors to navigate the challenges of real estate investing. And remember, mentorship isn't a guarantee of success; it's the choices and actions that truly count. 🤝🚀

This episode is packed with insights, experiences, and inspiration. Tune in now to join us on Madi and Skyler's exciting journey! 🎙️

TIMESTAMPS:
01:02 - Airbnb horror story
05:01 - Maddie and Skyler’s journey to Upstate New York
10:01 - Real Estate Journey
15:00 - Property Management Service & Partnerships
20:02 - Building a Team for a Luxury Brand
25:00 - Raising capital for Upstate Lake House
30:00 - Social media's impact on investment
35:01 - Mentorship Program
40:00 - The power of mentorship
45:00 - Mentorship: Not a Guarantee of Success
47:13 - Closing

Quotes:
21:48
“ I thought that I had to do everything, no one could do better than me. That was engraved in my belief system and then we found Federico I was like "What other area of my life can someone else do better than I can do?”

28:43
"Investors are probably the people that are right under your nose the entire time"

Connect with the KarWells
Website: https://thekarwells.space/stay-with-us-2
YouTube: https://www.youtube.com/@thekarwells/about
Instagram: https://www.instagram.com/thekarwells/
TikTok: https://www.tiktok.com/@thekarwells

Connect with the Guest
Instagram: https://www.instagram.com/skylerandmadi/
TIktok: https://www.tiktok.com/@madiandskyler?lang=en

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Hosted by Emily Karnaz & Sarah Glidewell // The KarWells

You can view the video & audio version on our Youtube Channel

Thanks for listening!