REI135: Unique Multi-Unit Airbnb/STR w/ Isaac French
The Intrinsic Value Podcast - The Investor’s Podcast Network
The Investor's Podcast Network
4.6 • 592 Ratings
🗓️ 15 August 2022
⏱️ 63 minutes
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Summary
Transcript
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| 0:00.0 | You're listening to TIP. |
| 0:02.3 | They valued it three ways. |
| 0:03.8 | It's the same company. |
| 0:04.9 | They used a cost approach, a income approach, and a real estate value approach. |
| 0:11.2 | And then they kind of, they aggregated them and came up with a middle. |
| 0:17.5 | In this week's episode, I talk with Isaac French all about short-term rental investing, |
| 0:23.6 | and specifically Isaac's unique short-term rental experience he built from the ground up. |
| 0:28.9 | Isaac is a 25-year-old serial entrepreneur who sold his first business and is now diving headfirst into Airbnb. |
| 0:36.0 | He recently built a seven cabin, Scandinavian-inspired, |
| 0:39.9 | retreat in Waco, Texas in just over nine months from start to finish. Even better than that, |
| 0:45.8 | it's on track to do over a million dollars in revenue this year, its first year in operation. |
| 0:51.3 | Isaac has some pretty interesting strategies to automate a business that many see as |
| 0:56.6 | time intensive, which is short-term rentals. And he has a bunch of other great information about |
| 1:01.8 | ground-up development and the future of Airbnb. But before we get into the episode, I wanted to |
| 1:07.0 | share that my book, The Everything Guide to House Hacking, is officially on |
| 1:11.8 | pre-sale from Amazon, Barnes & Noble, Target, Walmart. You can get it at the publisher's website, |
| 1:18.3 | Simon &chuster.com, and many, many more. Pretty much anywhere you can buy books, you can |
| 1:24.0 | pre-order the book. TIP has been super gracious, and they have purchased 50 copies of the book to give away to listeners |
| 1:31.5 | of this show. |
| 1:33.3 | In order to get the book for free, go to everythinghousehacking.com. |
| 1:39.2 | That's everythinghousehacking.com and pre-order the book. |
| 1:48.1 | Then send a copy of your receipt to contact at everythinghousehacking.com, and how you'd like to be reimbursed. Tell me whether you want to be |
... |
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