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The Intrinsic Value Podcast - The Investor’s Podcast Network

REI150: Developing Short-Term Cabin Rentals w/ Alex Jarbo

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Investing, Education, Business

4.6592 Ratings

🗓️ 28 November 2022

⏱️ 42 minutes

🧾️ Download transcript

Summary

IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro 02:04 - The biggest value from his experience in higher education. 06:24 - How he decided upon short-term rentals. 22:38 - Why he choose to build rather than buy his cabins. 34:45 - His roadmap to meet his goal of developing 650 cabins. 36:32 - Common mistakes in short-term rental investing. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Robert’s book The Everything Guide to House Hacking. Avery Carlson’s book Short-Term Rental, Long-Term Wealth. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Connect with Robert: Website | Instagram | Twitter Connect with Alex: Website | YouTube  Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to TIP.

0:02.2

Yeah, huge change, huge change.

0:03.4

It's almost cut in half.

0:04.3

Compared to what they're, yeah, I mean, at that, I mean, you look at lumber prices and things are getting better for sure. Like, we're having tradespeople calling us compared to the other way around. Like, work as getting scarcer with the custom home building. So that that's why it's become easier to find people in the last like three, four months, ever since June, ever since the interest rate started going up, it started to become easier.

0:25.5

But when it comes to interest rates, I mean, you can't stop that right.

0:31.3

In this week's episode, I interviewed Alex Jarbo, a short-term rental developer with the goal of building 650 cabins within the

0:40.1

next three years. We talk all about his short-term rental business, how to develop short-term

0:45.9

rentals from scratch, and how to find areas or land that is good for short-term development.

0:52.5

Alex is the founder and CEO of Sargongon Investments and obtained an MBA with a concentration

0:57.4

in real estate development. He's also a former Marine and currently working on his doctorate

1:02.5

in business with a focus on leadership. There are a lot of podcasts out there about short-term

1:07.3

rentals buying an existing structure, renting it out as a short-term rental property

1:11.8

and Airbnb, but I haven't seen a lot talk about ground-up development for short-term rentals.

1:17.7

So I found this episode pretty interesting. I hope you guys enjoy it too. Let's get right into

1:23.0

this week's episode with Alex Jarbo.

1:28.9

You're listening to Real Estate Investing by the Investors Podcast Network,

1:33.4

where your host, Robert Leonard, interview successful investors from various real estate investing niches

1:39.4

to help educate you on your real estate investing journey.

1:50.9

Thank you. educate you on your real estate investing journey. Hey everyone.

1:52.1

Welcome back to the Real Estate 101 podcast.

1:56.0

As always, I am your host, Robert Leonard, and with me today, I have Alex Jarbo.

2:00.8

Alex, welcome to the show.

...

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