Creative Capital Podcast 208: Short Term Rental Developments with Guinness World Record Holder Alex Jarbo
Creative Capital
Josh Ferrari
5 • 1.1K Ratings
🗓️ 28 October 2022
⏱️ 45 minutes
🧾️ Download transcript
Summary
Today's episode is different than most. Today, we bring on a Guiness World Record holder/real estate investor who has made his fortune building Short Term Rental assets in the Carolina's.
New development mixed with short term rentals is a very unique niche, and today we completely dissect it and talk about even some secrets he has on how he's been able to achieve so much success in such a short time frame. Definitely not an episode to miss out on...
Alex Jarbo is a short-term rental developer and manager. He was born and raised in Detroit Michigan. He served in the Marine Corps for 4 1⁄2 years where he was stationed in Washington DC apart of the Marine Corps Honor Guard. He left the Marine Corps at 22 years old to pursue his career as a real estate professional.
He is the founder and CEO of Sargon Investments and he has a goal of developing 650 cabins in the next 3 years. Alex holds a MBA with a concentration in Real Estate Development and is currently finishing a Doctorate in Business with a concentration in Leadership.
He is the host of the YouTube Channel Alex Builds where he teaches the ins and out of short-term development and management.
Fun Fact... Alex is a Guinness World Record Holder and has been practicing street magic for the past 15 years as a hobby.
Transcript
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| 0:00.0 | You're listening to the Creative Capital Podcast. |
| 0:08.1 | You're dying to learn about how you can create wealth and real estate investing, then you |
| 0:11.6 | come to the right place. |
| 0:13.7 | Join in every week as we go over the ends and outs of real estate investing and learn |
| 0:18.2 | how you too can become financially free. |
| 0:23.4 | So my very first real estate investment at the age of 22 was a brand new new construction |
| 0:30.8 | a frame. |
| 0:31.8 | It was like an 800 square foot a frame that we owned to this day. |
| 0:34.9 | And then one turned into two really quickly, two turned into four, brought on some investor |
| 0:39.5 | capital. |
| 0:40.5 | And now we're like doing $10 million in development, just this year alone, and we're hoping |
| 0:43.8 | to triple it next year. |
| 0:45.7 | What's going on, everybody? |
| 0:46.7 | This is Josh Ferrari, host of the Creative Capital Podcast. |
| 0:53.3 | And we've got none other than Guinness World Record Holder, Alex Jarbo with us. |
| 1:01.2 | And you hear me laughing because you'll hear later what he actually holds again as world |
| 1:06.3 | record for. |
| 1:07.3 | You'll hear what he actually did to be able to achieve that goal. |
| 1:11.4 | But even more so, like even deeper than that, what we actually end up discussing today, |
| 1:15.6 | the concepts of short term rental developments, how you can actually go about developing, managing, |
| 1:23.2 | going through the entitlement process, raising the capital from A to Z, really diving deep |
| 1:28.9 | into development, specifically in the niche of short term rentals. |
... |
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