52 min listen
Ep 93 - How to Make Your STR Profitable in The Smoky Mountains with Cale Delaney
Ep 93 - How to Make Your STR Profitable in The Smoky Mountains with Cale Delaney
ratings:
Length:
44 minutes
Released:
Mar 21, 2022
Format:
Podcast episode
Description
Cale Delaney, who self-titles himself as the Accidental Intentional Millionaire, is a Christian, real estate investor, husband, and father of 3. After graduating cum laude with an engineering degree, he began his real estate career back in 2006 working as a Commercial Real Estate Investment Broker for a large Investment Brokerage in Miami, FL where he was awarded the Pace Setter award his first year for the most number of listings and sold over $7M in multi-family and retail real estate. However, with the crash of 2008, he left that business and put the real estate on hold until 2020 when he decided to go all in to start building generational wealth for his family. Since then, his investment portfolio went from $300k in January 2020 (a previous primary home turned rental) to over $4M and a net worth of over $2M less than 2 years later. In these two years, he’s purchased a total of 11 units including 5 LTRs and 6 STRs, 5 of which are luxury log cabins in the Smoky Mountains. Cale self-manages all his properties remotely while still working a W2 job. In his first year as an STR owner/operator, he’s generated almost $500k in gross revenue and hosted over 1,700 guests. He took his very first STR cabin from a projected revenue of $85k to an actual of almost $150kand converted an LTR generating $16k annually to an STR now on track to generate over $60k. Cale’s main focus now is on building his STR business and cash flow with the intent to move into larger multi-family or self-storage via syndications for more passive income.
https://www.facebook.com/cale.delaney/
https://www.linkedin.com/in/cale-delaney-13a64862/
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https://www.facebook.com/cale.delaney/
https://www.linkedin.com/in/cale-delaney-13a64862/
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Mar 21, 2022
Format:
Podcast episode
Titles in the series (100)
Ep 10 - STR Secrets - Scaling to 200 Units & Launching a Guest Screening Software with Anton Zilberberg: <p><strong>GUEST BIO</strong></p> <p>Anton Zilberberg - Started his professional hosting career when he was traveling around the world and renting his apartment on airbnb. He brings a tech background so he started building tools to optimize his listings which turned into a property management with over 200 properties at its peak. Realizing the need for trust and safety within his space, he’s now helping the largest companies in the world, to protect their assets, validate their guests and reduce fraud through a company that he founded called Autohost.</p> <p><strong>HIGHLIGHTS OF THE EPISODE</strong></p> <p><strong>02:50 </strong>Anton’s backstory.</p> <p><strong>06:12 </strong> How he launched his management company.</p> <p><strong>09:11</strong> The most common thing Anton hears about right now.</p> <p><strong>12:50 </strong> A great analogy from Anton.</p> < by Short Term Rental Secrets Podcast