4.9 • 675 Ratings
🗓️ 7 October 2024
⏱️ 47 minutes
🧾️ Download transcript
Blake Daily is the CEO of StayVest, a real estate investment firm focused on large scale short term rentals, more specifically converting boutique hotels from their traditional use to short term investments. Blake started out with a single Airbnb unit and over the last five years has scaled his 30 employees, and more than 200 current short term rentals that generate millions of dollars a year in revenue.
Connect with Blake: IG @blakejdaily, YT https://www.youtube.com/@BlakeDailey
Quote: "We have bridged the gap between hotels and Airbnbs and combined them."
Highlights:
4:18 - The VA Loan Process
7:00 - Scaling The Business
10:30 - Appeal to Draw Differences (Hotels vs. Airbnb)
29:50 - Tackling Renovations / Maintenance
36:50 - How to Finance Hospitality Projects
Recommended Resources:
Learn more about Kevin’s investment company and opportunities for Lifetime Cashflow at sunrisecapitalinvestors.com.
Click on a timestamp to play from that location
0:00.0 | You've been searching for the best way to generate passive income in your life and heard that real estate is a great way to do it. |
0:09.2 | But you're tired of all the so-called gurus who are all talk and no substance. |
0:15.0 | Get ready to celebrate because Kevin Buck has spent 14 years successfully making it happen. |
0:21.6 | This is the Real Estate Investing for Cash Flow podcast. |
0:25.2 | Now, here's Kevin Bup. |
0:30.7 | Hey guys, Kevin Bup here, and I want to welcome you to another episode of the Real Estate |
0:34.4 | Investing for Cash Flow podcast. |
0:36.3 | We're mission is to help you build and maintain massive amounts of cash flow through income producing real estate investments. |
0:42.3 | Now, our guest for this week's show is real estate investment expert, Blake Daley. |
0:46.0 | Now, Blake is the CEO of Stayvest, a real estate investment firm focused on large-scale |
0:49.9 | short-term rentals, more specifically converting boutique hotels from their traditional use to short-term |
0:55.5 | investments. Now, Blake started out with a single Airbnb unit and over the last five years |
1:00.5 | has scaled his business to four states, 30 employees, and more than 200 current short-term |
1:05.6 | rentals that generate millions of dollars a year in revenue. So without further ado, guys, |
1:09.3 | I'd like to welcome Blake Daily to the show. Blake, my friend, welcome, and how are you doing today? I'm good, man. Thank you |
1:15.6 | for having me. I was telling you a little bit beforehand at one of the hotels today in renovation |
1:19.9 | mode and starting to see it all come to light here with this, this bigger hotel. But doing well, |
1:24.7 | man, doing well. Yeah, well, excited to have you. You're excited to learn a little bit more about your business, pull back the curtains a little |
1:29.6 | bit. |
1:29.9 | But before we dive into your business as it looks today, I gave you that brief introduction. |
1:35.5 | I know there's a lot more to the story. |
1:37.0 | So why don't we back it up a little bit for those that aren't familiar with you, don't |
... |
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