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Ep 58 - Managing and Growing 400 Units Using Timeshare with Myka Artis

Ep 58 - Managing and Growing 400 Units Using Timeshare with Myka Artis

FromShort Term Rental Secrets Podcast


Ep 58 - Managing and Growing 400 Units Using Timeshare with Myka Artis

FromShort Term Rental Secrets Podcast

ratings:
Length:
50 minutes
Released:
Jul 12, 2021
Format:
Podcast episode

Description

GUEST'S BIO
Myka Artis is a short term rental investor utilizing the rental arbitrage strategy and BRRRR to acquire his STRs. He owns 3 STRs and arbitrages over 400+ properties.

HIGHLIGHTS OF THE EPISODE
02:34 Join our growing STR Secrets Facebook community - https://www.facebook.com/groups/STRentalsecrets
03:05 Myka Artis introduction and background
04:04 How Myka got into the STR industry
05:16 Myka's first condo in North Arlington
05:45 Myka shares his experience with his parent's timeshare
06:36 Myka's first house on Airbnb
07:00 Myka's first partnership deal
08:31 The power of timeshares
13:32 Myka breaks down his timeshare STR model in depth
14:54 Best set up for an STR space
17:30 Why Myka loves short term rentals
18:23 How Myka got to 400 short term rentals
19:19 What are the things to look out for when running timeshares on Airbnb
21:32 Myka shares how he started with his Airbnb properties
22:25 Myka's favorite real estate investment strategy
23:40 The acquisition cost on a BRRRR deal
25:08 How Myka gets mortgages for his Airbnb properties
28:27 Myka's 5-year vision
29:43 How Profit First changed Myka's perspective
33:06 Myka talks about his team
34:06 Systems that Myka uses for his business
38:04 Credit card hacking
44:38 Where can people connect with Myka
46:35 Myka's #1 secret to success with STR

NOTABLE QUOTES
"I already have a perfect day planned out of what I want, and I know that I'll be there soon." - Myka Artis
"My number one secret to success was just doing it." - Myka Artis
"We are just humans and we all have our days but it is the big why of having the vision and understanding what you want, having a partner that you want to do it with, it just makes it all worth it." - Emanuele Pani
"The more seeds you plant everywhere, the more opportunities that are going to come your way." - Mike Sjogren

CONNECT WITH THE GUEST
Myka Artis: Clubhouse | Instagram | Facebook | Linkedin
Live Let Thrive: Website| Instagram | Youtube | Facebook

CONNECT WITH THE HOSTS
Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin
https://linktr.ee/the_airbnbguy

Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin

FREE MASTERCLASS TRAINING - https://www.strsecrets.com/masterclass

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Released:
Jul 12, 2021
Format:
Podcast episode

Titles in the series (100)

The Short Term Rental Secrets Podcast is dedicated to providing actionable content to help new and seasoned real estate investors launch, automate and scale their Airbnb business and fast track their journey to financial freedom. You can enjoy the podcast and other free resources at www.STRsecrets.com