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From Startups to Short-Term Rentals: Building Success Through Property Management, Partnerships, and Mentorship

From Startups to Short-Term Rentals: Building Success Through Property Management, Partnerships, and Mentorship

FromCatch up with The KarWells


From Startups to Short-Term Rentals: Building Success Through Property Management, Partnerships, and Mentorship

FromCatch up with The KarWells

ratings:
Length:
47 minutes
Released:
Oct 12, 2023
Format:
Podcast episode

Description

Welcome to another episode! We're thrilled to share the remarkable journey of Madi and Skyler, two short-term rental investors with a story that'll inspire you. ?️Join us as we dive into their adventure from California to Hudson, New York. Discover how a strategic move, selling their property in Big Bear, catapulted them towards their investment goals.Madi, with a background in skincare, had her world rocked when her startup job closed its doors. However, in the face of uncertainty, she saw an opportunity—a pivot to the world of real estate. Hear firsthand how this decision provided her with invaluable entrepreneurship experience minus the typical risks.In this episode, we delve into the intricacies of their journey, from managing properties and forging strategic partnerships to building a top-notch team for a luxury brand. We'll also explore their approach to raising capital for their Upstate Lake House project and the significant impact of social media on their investments. ???But that's not all; the power of mentorship plays a crucial role in their story. Learn how they harnessed the wisdom and guidance of mentors to navigate the challenges of real estate investing. And remember, mentorship isn't a guarantee of success; it's the choices and actions that truly count. ??This episode is packed with insights, experiences, and inspiration. Tune in now to join us on Madi and Skyler's exciting journey! ?️TIMESTAMPS:01:02 - Airbnb horror story05:01 - Maddie and Skyler’s journey to Upstate New York10:01 - Real Estate Journey15:00 - Property Management Service & Partnerships20:02 - Building a Team for a Luxury Brand25:00 - Raising capital for Upstate Lake House30:00 - Social media's impact on investment35:01 - Mentorship Program40:00 - The power of mentorship45:00 - Mentorship: Not a Guarantee of Success47:13 - ClosingQuotes:21:48“ I thought that I had to do everything, no one could do better than me. That was engraved in my belief system and then we found Federico I was like "What other area of my life can someone else do better than I can do?”28:43"Investors are probably the people that are right under your nose the entire time"Connect with the KarWellsWebsite: https://thekarwells.space/stay-with-us-2YouTube: https://www.youtube.com/@thekarwells/aboutInstagram: https://www.instagram.com/thekarwells/TikTok: https://www.tiktok.com/@thekarwellsConnect with the GuestInstagram: https://www.instagram.com/skylerandmadi/TIktok: https://www.tiktok.com/@madiandskyler?lang=en###Hosted by Emily Karnaz & Sarah Glidewell // The KarWells Intro Music: We Are One by Vexento https://soundcloud.com/vexento https://www.youtube.com/user/Vexento Free Download / Stream: http://bit.ly/2PaIKcR Music promoted by Audio Library https://youtu.be/Ssvu2yncgWU You can view the video & audio version on our Youtube Channel Thanks for listening!
Released:
Oct 12, 2023
Format:
Podcast episode

Titles in the series (66)

The KarWells are Short Term Rental investors, hosts, & designers who started expanding their Airbnb portfolio in early 2020! Throughout this journey they have learned many lessons, good and bad, and want to share that experience. Come along as they dive into all things Airbnb, passive income, investing, and being in business with your best friend!