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60 Units Across Eight Markets - Goat Hoste on Party Prevention and the COVID Pivot
Description
Peter Francis and Michael Curiasis of Goat Hoste run 60 units across eight markets - Chicago, San Diego, Pittsburgh, Southwest Michigan, Malibu, Scottsdale, and soon New Hampshire and Philadelphia. They pivoted from arbitrage to a management-focused model during COVID by keeping clients booked when competitors went dark, using strict screening, 24/7 camera monitoring by five VAs, and a $250 security team in Chicago that shuts down parties before they start. One Malibu booking attempted to sell 400 tickets to a party; they caught it two weeks in by creating fake Instagram accounts to track the event.
The duo charges 25% of revenue for management, offers 10% profit-sharing to anyone who refers a client, and lists multi-unit properties both individually and as a buyout - seven cottages on one Michigan lakefront plot generated three bookings in July for $18,000 total. They furnish units for $5,000 to $10,000, hire VAs through Virtual Staff Finder after ditching OnlineJobs.ph's manual slog, and hunt for husband-wife cleaning duos who fix problems before hosts hear about them. Direct bookings come via an 8% discount, Tidio chatbot, and bi-weekly newsletters, while expansion targets more lake towns and multi-unit buildings to sidestep neighbor complaints.
Work with us. Interested in professional management or consulting?
Myka — Sharebnb: www.sharebnb.com
Steve — Argest Rentals: www.ArgestRentals.com
Sign up for PadSplit with Steve's link and get a free 1-on-1 PadSplit strategy call with Stevie Stacks: padsplit.com/hosts
Myka's other podcast, Entrepremarriage — building wealth without losing the marriage: youtube.com/@Entrepremarriage
All our links: linktr.ee/liveletthrive
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