4.8 • 943 Ratings
🗓️ 22 March 2020
⏱️ 33 minutes
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0:00.0 | Hey Mike, how's it going? |
0:03.0 | Going well, how are you? |
0:04.0 | And he looks like you're in a bunker. |
0:06.0 | Well, I'm in my bat cave, as they call it. |
0:09.0 | I've got a facility down here at the Napa airport that we run our operation out of. |
0:14.0 | My myself and my business partner, Chris, and you know we are a |
0:20.2 | essential business according to the state of California because we do provide housing. |
0:24.9 | Oh, okay. Yeah, so I've got you know we can jump right into it, but folks probably know I have I manage Airbnb's I own Airbnb's we manage |
0:36.8 | them for other people etc so we have a management business that does that and |
0:41.3 | we had a just an unbelievable amount of cancelations but one of the things |
0:47.0 | that we're doing is we move to a seven and 30 day |
0:54.1 | rental model so we do seven day blocks and we're getting a bunch of health care workers |
0:56.3 | coming into Napa and people providing like disaster relief services that |
1:01.1 | are leasing up our properties. |
1:03.0 | Right. |
1:04.0 | So it's an interesting place to be because we're currently running about, I don't know, what would you say, Chris, |
1:13.0 | is behind the screen here, but we're like 65, 70% |
1:16.6 | below market, right, for normal rates? |
1:20.2 | Yeah, so we're running about 65, maybe 70% below normal rates, which is just, you know, we're running |
1:27.8 | Well, sure, yeah, let's, let's take a step back for a minute. |
1:30.5 | Okay. So, I think a lot of people listening and know who you are, |
1:35.5 | know that we, you know, no we're bros or whatever. But I think a lot of people will be new. |
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