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How To Supercharge Your Cashflow with Short-Term Rentals with Alex Jarbo
Description
How many times have you considered going into short term rentals as a property manager? Short-term and vacation rentals are enticing, but they can also be an intimidating niche for newcomers.
Today's guest is Alex Jarbo, short-term rental developer and manager and CEO of Sargon Investments.He is the host of the Youtube Channel called Alex Builds where he teaches the ins and outs of short-term development and management.
You'll Learn…
[01:08] Starting out in the Short-Term Rental World
[08:04] Useful Tools for Managing Short-Term Rentals
[12:13] Virtual Guidebooks: Providing a Unique Experience to Guests
[15:42] Dealing with Common Issues in Short-Term Rentals
[18:32] Some Extra Tips from Pro Short-Term Rental Manager Alex
[23:06] The Shifts in the Industry Since COVID
[25:34] Where to go to Learn More!
Tweetables"And anytime I talk to someone they're like, "I don't know where to start investing." I was like, just start in your backyard."
"It's easier to rent out these unique properties compared to, say, something like a normal condo or something."
"I like the property to be an experience in itself on top of the city that the people are visiting for the attraction."
"I talk to a couple of people a week then it's like, is it too late to invest in short term rentals? Like, no. It's not. Invest and manage both."
Resources Transcript[00:00:00] Alex: I talk to a couple of people a week then it's like, is it too late to invest in short term rentals? Like, no, it's not. Invest and manage both.
[00:00:06] Jason: Alright, welcome DoorGrow Hackers to the #DoorGrowShow! If you are a property management entrepreneur that wants to add doors, make a difference, increase revenue, help others, impact lives, and you're interested in growing your business and life, and you are open to doing things a bit differently, then you are a DoorGrow Hacker. DoorGrow Hackers love the opportunities, daily variety, unique challenges, and freedom that property management brings. Many in real estate think you're crazy for doing it. You think they're crazy for not because you realize that property management is the ultimate high trust gateway to real estate deals, relationships and residual income.
[00:00:44] At DoorGrow, we are on a mission to transform property management businesses and the business owners. We want to transform the industry, eliminate the BS, build awareness, change perception, expand the market and help the best property management entrepreneurs win. I'm your host, property management growth expert Jason Hull, the founder and CEO of DoorGrow. Now let's get into the show.
[00:01:08] And today's guest is Alex, Alex Jarbo. Am I saying your last name right?
[00:01:13] Alex: Yup.
[00:01:14] Jason: I did? Okay. I didn't know if it was like a soft, "h" sounding 'j' or something. So Alex, welcome to the show. You have a company called Sargon investments. You do a lot of cool Airbnb stuff. So I'm really excited to have you on as a guest. I think the Airbnb market is of interest to a lot of my clients and a lot of property managers. It's heating up. There's more interest growing. So, maybe to get started: tell us a little bit about your background and how you kind of got into dealing with rental properties.
[00:01:48] Alex: Yeah, absolutely. So I was originally, I served about four and a half years in the Marine Corps. A