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How He Went From 18 to 140 Airbnb Units by Buying a 40 Year Old Company
Description
Most operators grow their rental business one contract at a time. Cameron Masters skipped the line and bought his way from 18 units to over 140 in a single deal.
In this episode, we sat down with Cam to walk through the whole acquisition, start to finish. He bought a 40 year old management company, one started by a founder of Vrbo, and he shares the exact moves that got it done.
Inside this episode:
How Cam went from 18 units to 140 plus by buying one company
Why he skipped the bank and used seller financing plus a friends and family raise
How he and his partner put in just 30 percent and got the seller to carry the rest
The 10,000 dollar move that can save you from a 1 million dollar mistake
The 35,000 dollar cost he forgot to check, and how it bit him after closing
The room full of bigger operators that made him stop thinking small
If you have ever felt like real growth is out of reach, this one will change how you think about what is possible.
Want to be in the room with operators doing deals like this? Check out the STR Secrets Mastermind: strsecrets.com/apply
Connect with Cameron Masters on Instagram: @cameron.masters_
New episodes every Monday.