How Michael Elefante Built A $15M / Year AIRBNB Business EMPIRE Step-By-Step (Vertically Integrated)

Action Academy | Replace The Job You Hate With A Life You Love

Brian Luebben

Corporate, Careers, Business, Financial Freedom, Small Business, Entrepreneurship, Biggerpockets, Investing, Millionaire, Real Estate, Passive Income, Alex Hormozi, Commercial Real Estate

5 • 683 Ratings

🗓️ 10 September 2024

⏱️ 50 minutes

🔗️ Recording | iTunes | RSS

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Summary

Michael (@melefante6) owns and runs multiple 7 figure companies in the STR space. Today we break down how he launched and runs them all while raising young kids and traveling! Michael's Book: https://www.amazon.com/Investing-Short-Term-Rentals-Financial-Freedom/dp/1963793897 Want To Quit Your Job In The Next 6-18 Months Through Buying Commercial Real Estate & Small Businesses? 👔🏝️ Schedule A Free 15 Minute Coaching Call With Our Team Here To Get "Unstuck" Want to know which investment ...

Transcript

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0:00.0	What's up Action Academy, fam? Welcome back to another episode of Corporate America's Least Favorite
0:04.2	Podcast, the Action Academy podcast, the show where we help you replace corporate with cash flow.
0:09.9	We do this, ladies and gentlemen, through teaching you how to buy small businesses and big old
0:14.0	commercial real estate deals. But today's episode is a bit different from that, and I will tell you
0:19.5	why here. Today's show is with my good friend
0:22.5	Michael Elefonte. Now, he was on the Action Academy podcast previously, and we talked all things
0:29.3	luxury short-term rentals. He crushed it. He did things the traditional way, made a lot of money
0:34.8	in his sales jobs, made a lot of money in corporate, invested that money
0:38.8	into a short-term rental, used that money to save more money, to buy another, to buy another,
0:44.8	to buy another. He really just did it the traditional way. And in today's episode, we began
0:50.0	speaking about that. Because when I interviewed Michael back in September 26,
0:54.8	2023, it was $80,000 a month in cash flow through short-term rentals on Michael
1:01.7	Elefonte. That was the podcast episode title. And Michael just wrote a book,
1:05.8	Investing in Short-Term Rentals, The Fast Path to Financial Freedom, so he literally wrote the book
1:10.1	on it, bestseller on Amazon. I will post the link to that in the show description. But what happened to
1:15.2	today's podcast episode, guys, is we started talking about the real estate side and quickly
1:21.2	pivoted to the entrepreneurship and business side. We had ourselves a time. We just geeked out, nerded out on vertical integration,
1:31.5	on businesses that he built and has been building alongside his short-term rentals, everything from
1:37.8	coaching communities to staging companies, to brokerages, to technology companies, all within the Airbnb and short-term rental space.
1:47.8	And how he's able to generate lead flow from all of these brands through one central umbrella.
1:53.3	And guys, it was amazing. He's doing $15 to $20 million a year through this.
1:59.4	And I thought it was such an amazing entrepreneurship conversation
	...

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