166. How to Multiply Your Money 3x with Every Property - Interview with Kassidy Warren
This week I bring Kassidy Warren back on the podcast! You can listen to his last episode here, where he broke down each property in his portfolio and how he scaled to something bigger and better with each investment.
Today, we dive even deeper into that same philosophy with the "velocity of money". Kassidy shares how you can be doing the same amount of work on each STR you launch... but getting 2-3x more returns from that same project?! It all comes down to which deals you're pursuing.
If you're someone who's turning and burning flips or 1031 exchanges, wondering why you've done so many deals, but still don't feel like you're getting ahead, this episode is for you!
Connect with Kassidy
Thank you to our sponsor Lodgify – Take 20% off Lodgify’s most powerful plans with code novacancy20!
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165. Buying An Abandoned Campground! - Interview with Heather Mueur
This week I chat with Heather Mueur who is the owner, founder, and visionary behind The Embers, a glamping and RV resort in Branson, Missouri. Heather and her husband Ryan built and sold an auto parts business, and used the proceeds from that to purchase this abandoned campground.
Heather takes us through the 2-year process of permits, plans, and construction, as well as the financing process–everything from SBA loans to finding investors. I asked all about the additional income streams they created, including an onsite laundromat and coffee shop. And you'll also hear how she grew her social media account from a couple hundred followers... to over 100,000 from LITERALLY JUST ONE POST.
Lastly, Heather teases us on her newest project, a boutique motel located just a couple miles from her campground which will be slowly renovated in phases to accommodate existing reservations!
Connect with Heather @roaminghomeheather
Follow @theembersbranson
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.
Learn more about your ad choices. Visit megaphone.fm/adchoices
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Ep 164. Designers Are Using This Secret Weapon. Why Aren't You? - Interview with Wayfair Professional
This week I got to speak with Erin Dalton-Cooney, the Head of Property Management Design at Wayfair Professional. Erin is a wealth of knowledge in this industry, and in her role she's gained experience overseeing design and set up for every type of property from STRs, MTRs, boutique hotels, and unique resorts.
She shares with us today how Wayfair Professional is the secret weapon that designers are using to take shipping consolidation and install completely off their plates. If the pro designers trust Wayfair Professional, you should too!
Erin teases us with what's coming next for Wayfair Professional, what they have to help you now, and how they are saving hosts serious time and money, so you can get back to what you do best – investing!
Check out mine and Tatianna Taylor-Tait's official Wayfair Tastemaker collection HERE
Connect with @wayfairproffesional on Instagram
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.
Learn more about your ad choices. Visit megaphone.fm/adchoices
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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
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.
Learn more about your ad choices. Visit megaphone.fm/adchoices
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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!
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.
Learn more about your ad choices. Visit megaphone.fm/adchoices
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