163. Forget Everything You Know About Sober Living Homes - Interview with Devana Cavé
This week I'm excited to be talking with Devana Cavé from The House of Courage, a collection of sober living homes that Devana owns and operates. Forget everything you've ever known or pictured about a sober living home, because Devana does things completely different.
Yes, she's a real estate investor, but what sets her business apart is the care she takes with every single house guest. From the colorful designs and nice furniture she invests in, to custom built bunks that offer total privacy, to the care package that every new house guest receives on arrival, Devana has made sure that what she offers is so much more than "heads in beds".
If you've been interested in investing in co-living spaces, but aren't sure if sober living is the right avenue for you, this episode will encourage you in how fulfilling and rewarding this type of real estate can be. Devana wants to be very clear – this is NOT for everyone! But if you feel called to offer an experience like this, you'll get to hear first hand how thoughtfully you can approach this for the people who need it most.
Check out some of the resources Devana mentioned:
narronline.org
The Sober Living Network
Find Devana on instagram @devanainvests
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162. My First Time Raising Capital! What I Did Right AND Wrong?!
This week I'm going solo on the mic breaking down every nitty gritty detail of my latest project... drum roll please... raising investor capital for a luxury, waterfront Upstate New York property! As I write this, I'm happy to announce we officially closed and all funds have been wired.
All that to say, I definitely made some mistakes with how I went about this. And today I'm sharing the good, the bad, and the ugly. In this episode I'll take you through the entire process, start to finish, and detail what worked and what definitely did not.
As promised, here's the investor interest form I mentioned in today's episode. Either copy it for your own purposes, or fill it out if you want to partner on a future deal!
Episode 156 with Madi Johnson
Thank you to my sponsors!
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161. Building a Wellness Resort WITHOUT Bringing on Investors - Interview with Brian Hatcher
This week I sit with Brian Hatcher to talk about his new Japandi-inspired wellness development in the mountains of Georgia. This 5-unit unique stay will feature a dedicated wellness center, and it's being designed by none other than my partner in crime, Tatianna Taylor-Tait, so you know it's going to ooze luxury and serenity.
Brian takes us through every step of how he found this land, the deals that fell through before finding the one, and the struggles of doing this all self-funded (that's right, Brian has ZERO investors on this)!
You'll hear Brian walk us through his start in house hacking, the rental arbitrage business he built along the way, and how his real estate journey has evolved to get him to the DREAM project. Enjoy!
Follow Brian's journey on Instagram @hatch_capital
Thank you to my sponsors!
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160. Asking An STR Lawyer How Risk Exposed I Am! 😳 Interview with Katie Johnson
This week I talk with Katie Johnson PLC on all things STR law! Katie shares tons of insight on how to:
Make sure your portfolio is protected
Legally form partnerships
Ensure regulation won't change on you
Double check that you're actually allowed to STR your property
As a bonus, I share my current asset structure with me and Katie gives me a much needed reality check on how vulnerable I might be right now 😱 Hope you enjoy this one, and if you're now terrified of your risk profile, just listen to Katie's podcast or work with her directly.
Listen to Katie's podcast here.
Work with Katie Johnson PLC.
Thank you to my sponsors!
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Receive 20% off Lodgify’s most powerful plans with code NoVacancy20 at checkout
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Visit the link to claim your free risk assessment with Proper.
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159. Managing 40 Properties WITHOUT Using VAs?! Interview with Ariel Smith
This week's episode with Ariel Smith was such a fun conversation! Ariel is the face behind Stay At The Coastline vacation rentals in San Diego, CA, and in just 8 months she's grown her cohosting business from zero to 40+ properties.
Ariel walks us through exactly how she's finding her clients, how she's grown so fast, and the details behind her unique partnership structure with her brokerage that has sped up her growth process.
Most importantly, she tells us exactly how she's managing over 40 listings without using any VAs for guest messaging?! It seems like every guest we've had on the podcast in the last 2 years is sharing how essential VAs have been to their operations, so I was dying to hear how Ariel is successfully scaling while still personally responding to every single guest message.
If you've been hesitant to hire VAs, you'll find this conversation so encouraging that you might not need to! Maybe what you're already doing is exactly your secret sauce that's helping your business thrive.
Connect with Ariel here, and check our her listings here.
Thank you to my sponsors!
Lodgify - Link
Receive 20% off Lodgify’s most powerful plans with code NoVacancy20 at checkout
Proper - Link
Visit the link to claim your free risk assessment with Proper.
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Acerca de No Vacancy The Podcast with Natalie Palmer
A show for Airbnb hosts, new and experienced! Every Wednesday Natalie takes listeners behind the scenes of what it’s really like to be a short-term rental host, how to make it easier, mistakes to avoid, and how to get more bookings at higher rates. As an Airbnb Ambassador and 26x Superhost managing 10 properties, all remotely from home while being a stay at home mom of two, Natalie knows what it takes to succeed as an STR host and make this business fit into your lifestyle, not the other way around.
México