Patrick Donley (@JPatrickDonley) sits down with Ben Wolff to discuss his strategy of building a “unique stays” portfolio. You’ll also hear about how Ben first got involved in the Airbnb/STR market, how he went about his first unique stay development, how he thinks about taking on risk and making entrepreneurial moves, and how he is building his team at Onera.Ben co-founded a fund overseeing $65 million in experiential hospitality real estate, featuring treehouses, safari tents, and container homes. He's the CEO of StayOasi, an experiential hospitality management firm, and played a key role in developing StayOasi properties like Onera and Spirit of Sophia.IN THIS EPISODE, YOU’LL LEARN:00:00 - Intro02:10 - Why Ben feels “unique stays” are the way of the future?03:43 - How Ben first got involved in the Airbnb STR market.06:02 - How he handled the fallout from the pandemic.08:59 - How he went about finding land for his first development.14:34 - Ben’s strategy has been for raising money for his projects.16:20 - How they went about finding great designs for the treehouses.27:00 - How Ben went about building a direct booking engine through social media.32:43 - How Ben thinks about making career decisions.35:35 - What the books and people that have influenced his entrepreneurial career have been.39:09 - How he has gone about building the team at Onera.45:19 - What his new project in Texas is going to look like.53:14 - What an average day looks like for Ben.54:36 - Why Ben and his team are increasingly focused on content creation.57:07 - Why he feels the higher-end unique stays market has much more room to grow.*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.BOOKS AND RESOURCESSign up for TIP’s free newsletter, We Study Markets.The Everything Guide to House Hacking by Robert Leonard.Related episode: Listen to REI135: Unique Multi-Unit Airbnb/STR w/ Isaac French or watch the video.Related episode: Listen to REI192: Building an Empire w/ Nick Huber or watch the video.Related episode: Listen to REI170: Transforming Spaces w/ Antonia Botero or watch the video.How to Win Friends and Influence People by Dale Carnegie.Stayonera.com to book.Onera’s Instagram.NEW TO THE SHOW?Check out our Millennial Investing Starter Packs.Browse through all our episodes (complete with transcripts) here.Try Robert’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.P.S The Investor’s Podcast Network is excited to launch a subreddit devoted to our fans in discussing financial markets, stock picks, questions for our hosts, and much more! Join our subreddit r/TheInvestorsPodcast today!SPONSORSGet a FREE audiobook from Audible.Learn how Principal Financial can help you find the right benefits and retirement plan for your team today.Be confident that you’ll be small businessing at your best with support designed to help you reach your goals. Book an appointment with a TD Small Business Specialist today.Return to the all-access world of the rich and powerful. Don’t miss new episodes of Billions streaming August 11th on the Paramount Plus with Showtime plan.Shape and flex your home loans how you want with Athena. Join the thousands of Aussies taking control of their mortgage today.Your home might be worth more than you think. Earn extra money today with Airbnb.Get a customized solution for all of your KPIs in one efficient system with one source of truth. Download NetSuite’s popular KPI Checklist, designed to give you consistently excellent performance for free.Invest in the same paintings available to billionaires, at a more accessible price point with Masterworks.Enjoy an all-in-one personal finance app that gives you a comprehensive view of