Ep115: Asset Class Value Traps - Marco Kozlowski
Big Fat Real Estate Checks
Marco Kozlowski
5.0 • 957 Ratings
🗓️ 16 December 2021
⏱️ 21 minutes
🧾️ Download transcript
Summary
Risks always exist when evaluating a property based on revenue and if the asset class is marketed using different business models. Tune in to learn the hazards of AirBnBs and rooming houses' rising popularity.
WHAT YOU’LL LEARN FROM THIS EPISODE
- What’s the typical approach to short-term rentals?
- Dangers and issues involved in AirBnB’s popularity
- Importance of understanding what the asset class is and how you should buy it
- Problems with buying a business model that's not suitable to the actual asset
CONNECT WITH US
- Email: marco@marcokozlowski.com
- Website: https://marcokozlowski.com
- Facebook: https://www.facebook.com/realmarcokozlowski/
- Instagram: https://www.instagram.com/marco.kozlowski/
Transcript
Click on a timestamp to play from that location
| 0:00.0 | If you're buying an Airbnb, you're buying someone else's |
| 0:02.7 | optimization and you're going to pay more than retail. |
| 0:06.4 | And if you're paying way over retail, which is possible if |
| 0:09.5 | you're buying a rooming house or an Airbnb or something that |
| 0:12.2 | is zoned a certain way, but doing something else, it could |
| 0:15.3 | be a real trap and you have to be very careful. |
| 0:18.9 | Welcome to the big fat real estate checks podcast with Marco |
| 0:23.2 | Kuzlowski, where we help investors like you get the knowledge |
| 0:26.6 | and skills you need to replace your J-O-B with passive cash |
| 0:31.0 | flow for life. |
| 0:33.4 | Hey, everyone. Welcome to big fat real estate checks. |
| 0:36.2 | I am delighted to have Francesco Gluccio next to me. |
| 0:40.9 | And Gabrielle Arais, as well, all from Canada. |
| 0:45.2 | But now all in Florida in my studio, and we are going to have |
| 0:49.4 | some fun recording some podcasts. |
| 0:51.6 | And hopefully it's not going to take us three days to record |
| 0:54.2 | one podcast like episode 100. |
| 0:56.2 | It would hopefully only take us two days to record one podcast. |
| 1:00.0 | So let's see if we can shave that time up a little bit. |
| 1:03.7 | And today we're going to talk about how to actually the dangers |
| 1:07.7 | of evaluating a property based on income when it's a residential |
| 1:12.0 | property or the asset class is being sold with a different |
... |
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