Episode Details

Robert Leonard talks with Nico Ortega about what short-term rentals are and how they work, the difference between traditional short-term property management and traditional rental property management, what Nico is doing differently in this space with his company, and much, much more!

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

11:32 - Where Nico came up with the idea of using a subscription model for short-term rentals for renters and how it will work. 

15:33 - What owners of the short-term rentals will get from this opportunity and what they will receive in return for being a part of the program.

17:25 - How much will a renter who is looking to utilize NUOVO’s program spend and will the subscription amount be different if they’re staying in different places?

22:09 - How does NUOVO make money in this arrangement and is it like a normal management company where one takes a percentage of monthly income?

22:25 - How Nico is planning to expand beyond Miami and where he is looking to expand to.

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.
• Get more FREE content from Robert.
• Read the 9 Key Steps to Effective Personal Financial Management.
• How to invest in NUOVO. 
• Napoleon Hill's book Think and Grow Rich.
• Brandon Turner’s book The Book on Rental Property Investing.
• Mark Ferguson’s book Build a Rental Property Empire.
• Antoine Martel’s book A Millennial’s Guide to Investing in Cash Flowing Rental Properties.
• Find great markets to invest in with Wiserei.
• Real estate education platform BiggerPockets.
• All of Robert’s favorite books.
• Read this episode’s transcript and full show notes on our website.

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