89: AirBnB Income Stream, Investment Properties and 3rd Party Management with Frank Valencia
Invest Like a Boss
Sam Marks Johnny FD Derek Spartz
4.8 • 518 Ratings
🗓️ 22 March 2018
⏱️ 49 minutes
🧾️ Download transcript
Summary
Frank Valencia is the Sr. Managing Partner at Bongo Property Management; a fast-growing AirBnB property management which helps your short-term rental business becomes a success. They are currently operating in the United States, Latin America, and Europe – and are planning to expand to new cities later on.
During the episode, Frank explains the services they provide at Bongo PM. As an expert in the business industry, he describes the benefits of having their company manage your properties for short-term rentals. Listen in and learn a lot about the short-term rental market, including size demands, occupancy rates, investment returns, and the ideal countries to own properties.
Where we are:
Johnny - Nepal
Sam - Denver
Links:
Time Stamps:
09:07 – Who is Frank?
10:06 – The growth of Bongo PM
10:27 – AirBnB
12:39 – Return on investment
15:12 – Bongo PM analytic service
16:44 – Expanding to new cities
17:42 – Impact of reviews
19:23 – Property types and its demands
21:43 – Occupancy rates
23:03 – Optimizing seasons
24:14 – Insurance options for Risks of damages
26:03 – Length of agreement
29:07 – Ideal properties for short-term rental
31:21 – Investment opportunities in Bongo PM
32:25 – The future of Bongo PM in the industry
38:29 – Bongo PM Rates
If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here!
Copyright 2017. All rights reserved. Read our disclaimer here.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Needy uniform refresh? Try Lanzan Business for fully customized clothing and promotional products, |
| 0:05.2 | featuring your logo and colors, all expertly made. Go to business.lansan.com slash L.E. 2023 |
| 0:10.9 | and use promo code L.E. 2023 for 20% off your order. |
| 0:15.3 | Welcome to the Invest Like a Boss podcast. I'm Sam Marks and I'm Johnny FD. |
| 0:19.4 | We're self-made entrepreneurs who invest our own money |
| 0:21.4 | and use modern technology to invest like a boss. Join us each week for exclusive interviews with our |
| 0:25.9 | network of modern investors, business owners, and multi-millionaires to discover new ways to invest |
| 0:30.3 | our hard-earned cash. Hey guys, it's Johnny and welcome to episode 89 of the Invest Like a Boss |
| 0:36.8 | podcast. I am here in Pokera, Nepal, it's Johnny, and welcome to episode 89 of the Invest Like a Boss podcast. I am here in |
| 0:39.0 | Pokra, Nepal, and Sam is in Colorado. Yep, Denver, Colorado. It's good to have you back. |
| 0:45.7 | Glad you're, you've survived altitude sickness. That can be a really nasty thing. |
| 0:50.5 | Yeah, so appreciate you guys having the show without me last week. And for all you listeners, |
| 0:57.3 | sorry, I was gone. I literally had zero voice at all. And even right now, as we're recording |
| 1:03.2 | this, I'm just eating honey from Nepal just to keep my voice strong for this episode. |
| 1:08.9 | Yeah, I saw you chewing on something there. But it's, it's good that you're still in the paw. Sometimes after an experience like that, you just want to get back to comfort zones, wherever that may be. Yeah, me, to be honest, I was looking at plane tickets to Spain, but I have one booked for next month anyways, and I was like, okay, if I can change it, it's the same price. Let me just get out of here because honestly, because it's cold. |
| 1:31.3 | And, next month anyways. And I was like, okay, if I can change it, you know, it's the same price. |
| 1:45.6 | Let me just get out of here. Because honestly, because it's cold. And I don't know how you feel in Colorado, but I hate the cold. I have this love, hate thing where when I get, because we spend so much time in the tropics, when I get to a cold place for about three days, I'm like, this is how humans are supposed to live. They're supposed to be in a cold place. |
| 1:48.7 | You know, you refrigerate food. You cool things off when your bones hurt or muscles hurt. But whenever I'm here for any extended period of time, all I can think to |
| 1:54.4 | myself is, I never want to leave the tropics again unless I'm skiing. Yeah, I think that is the, |
| 1:59.8 | our dilemma in life is wanting that balance between crisp, |
| 2:04.9 | fresh, clean air, you know, when it happens to be cold outside. |
| 2:09.5 | And then, you know, being somewhere where you can just walk around in shorts and a t-shirt |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Sam Marks Johnny FD Derek Spartz, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Sam Marks Johnny FD Derek Spartz and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.