Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint Welcome to the lab! Today, we're joined by Andrew Kim, CEO & Co-Founder of SHARE, a pioneering property tech rental real estate investment company. Andrew’s journey from a tech entrepreneur to a leader in the real estate sector is filled with valuable lessons and insights that are crucial for anyone interested in real estate investing, especially in today’s dynamic market.

In this episode, Andrew shares his incredible story of transitioning from tech to real estate, starting with his early days in Toronto,VC back ventures in Silicon Valley to co-founding SHARE in 2021. He dives into the challenges of managing rental properties, the importance of leveraging technology in real estate, and how SHARE is revolutionizing the market by providing individual investors with access to institutional-grade resources.

Andrew also discusses his personal investment strategies, including his experiences in different markets like Florida and Upstate New York, and how these have shaped his approach to building wealth through real estate. He further elaborates on SHARE’s innovative model, which allows investors to source and manage high-return properties seamlessly, and the future of real estate tech in a rapidly evolving industry.

If you're eager to learn how technology can amplify your real estate investments and gain access to exclusive opportunities, this episode is a must-listen. Andrew’s insights into strategic investing, market trends, and the future of real estate technology offer a roadmap for anyone looking to succeed in the property investment space.

HIGHLIGHTS OF THE EPISODE:

28:51 Andrew talks about unlocking problems in a business

29:37 Andrew talks about his criteria for analyzing business potential and the role of tech in its success.

KEEPING IT REAL:

05:57 - The journey from tech startup to real estate investor

13:00 - Founding SHARE: The vision and initial challenges

17:50 - Real estate investment strategies: Florida and Upstate New York

24:00 - Leveraging technology in real estate investing

29:50 - How SHARE is democratizing access to institutional-grade investments

35:30 - The future of real estate tech and strategic growth

40:00 - Advice for new investors and the power of partnerships

47:20 - Final thoughts and what's next for SHARE

1:00:50 - We are OUT!

CONNECTING WITH THE GUEST

Website: https://sharesfr.com/

Linkedin: https://www.linkedin.com/in/andrewkim83/?originalSubdomain=ca

#RealEstateInvesting #PropertyTech #WealthBuilding #FinancialFreedom

Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint In this focused episode of "The Real Estate Experiment," host Ruben Kanya delves deep into the lucrative world of mid-term rentals, with a special emphasis on how understanding and targeting your ideal avatar—your perfect tenant—can significantly boost your success. Ruben shares valuable strategies for optimizing your rental properties to cater to specific needs, ultimately leading to higher occupancy and profitability.

Listeners will discover the critical importance of market research, learning how to position their properties to attract high-value tenants. Ruben also explores the powerful niche of mid-term rental insurance contracts, explaining how they can be a game-changer for property managers and owners. With real-life examples and actionable insights, this episode is packed with practical advice for anyone looking to dominate the mid-term rental market.

Whether you're just starting in the mid-term rental space or looking to refine your approach, this episode offers a clear blueprint to help you achieve greater success by focusing on who you're serving and how to meet their needs effectively. Tune in now to elevate your rental business and maximize your income potential.

#MidTermRentals #RealEstateInvesting #TargetMarket #RentalStrategies

Get the Mid-term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint In this insightful episode of "The Real Estate Experiment," your host Ruben Kanya delves deep into the lucrative world of mid-term rentals, with a special focus on how to capitalize on the growing demand for temporary housing. Ruben shares a recent real-life inquiry as a case study, revealing the critical strategies and tips that can help you land high-value contracts in this niche market.

Listeners will discover the power of optimizing their properties for mid-term rentals, particularly in catering to families displaced due to unforeseen events like water damage. Ruben emphasizes the importance of positioning your listings across various platforms, being pet-friendly, and offering flexible stays to attract insurance-covered tenants. He also highlights the benefits of managing larger properties and how this can significantly increase your revenue potential. By the end of this episode, you’ll have a clear blueprint for optimizing your rental business to serve a critical need in the marketplace while maximizing profitability.

Don’t miss this opportunity to gain invaluable insights and elevate your real estate strategy. Tune in now and learn how you can transform your rental business with mid-term rentals!

#MidtermRentalInsurance #RealEstateInvesting #TemporaryHousing #PropertyManagement

Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint

In this insightful episode of "The Real Estate Experiment," host Ruben Kanya returns to the lab with a fresh perspective on balancing life's pleasures with smart investment strategies. Drawing inspiration from Bill Perkins' book, Die With Zero, Ruben introduces the concept of "Memory Dividends" and explores how optimizing for memorable experiences can enhance both personal fulfillment and professional success.

Ruben emphasizes the importance of aligning one's career with investment goals, highlighting how strategic alignment can yield remarkable results. He delves into the benefits of catering to both short-term and midterm rental markets, providing a comprehensive guide on maximizing profits by understanding and serving different guest avatars. By selecting properties that meet both short-term rental amenities and midterm rental functionalities, investors can ensure continuous occupancy and profitability.

Listeners will gain valuable insights into the dual strategy of combining short-term rental experiences with midterm rental stability. Ruben shares personal anecdotes from his recent travels and investment ventures, illustrating how a balanced approach can lead to greater satisfaction and financial success. He also discusses the significance of choosing the right properties and optimizing for both functionality and experience to attract diverse tenant profiles.

Tune in to this episode to learn how you can create lasting memories while strategically growing your real estate portfolio. By embracing the concept of "Memory Dividends" and aligning your career with your investments, you'll be better equipped to achieve your goals and enjoy the journey. This episode is a must-listen for anyone looking to enhance their quality of life and investment outcomes simultaneously.

#MemoryDividends #InvestmentStrategy #CareerAlignment #RealEstateInvesting

In this insightful episode titled "The Combined 'Sub-to' to Mid-Term Rental Insurance Strategy," Ruben Kanya, the host of "The Real Estate Experiment," shares a detailed breakdown of a recent deal he successfully closed. He credits this achievement to leveraging a strategy inspired by the renowned Pace Morby, who extensively discusses it in his book "Wealth without Cash." Ruben considers this approach, which combines the Subject-to strategy with the mid-term rental insurance strategy, as one of the best-kept secrets, especially in today's economy marked by high interest rates. He emphasizes that this combination can yield the highest margins and significantly boost cash flow, making it a crucial tool for investors seeking to maximize profitability.

Ruben underscores that in a market where acquiring properties with favorable terms is increasingly challenging, understanding and implementing these strategic experiments can make all the difference for investors. He highlights the importance of education and strategic thinking in real estate ventures, asserting that the ability to effectively combine these two strategies can lead to rapid portfolio growth and financial success. By sharing his experiences and insights, Ruben empowers his audience to experiment wisely and strategically, offering them a valuable resource for achieving exceptional results in the real estate industry.

JOIN OUR MTR INSURANCE NETWORK: https://mtrinsurancenetwork.com/join/

Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts

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WORK WITH ME:

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Website: https://experimentrealestate.com/

#MTR #midterminsurance #strategy

Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint

Welcome to the lab! Today, we are thrilled to bring back Katie Lyon, Co-Host of The Landlord Diaries Podcast, Marketing Director of Furnished Finder & KeyCheck and mid-term rental investor. Katie has spent over a decade navigating the real estate and marketing industries, striving to solve the challenges of balancing work, life, and investment opportunities.

In her journey, Katie identified a common problem faced by many landlords: the high turnover and demanding management of short-term rentals. Seeking a solution, she delved into the world of mid-term rentals, discovering a niche that not only provided a more manageable and stable tenant base but also aligned perfectly with her career having both a background in marketing and real estate.

In this episode, Katie shares her experiences and strategies, from managing properties in diverse locations like Florida, Iowa, and Colorado, to optimizing rental income through innovative marketing principles at work.. She discusses the advantages of the mid-term rental strategy, the importance of creating a seamless integration between career and personal interests, being both vertically aligned and how these experiences have shaped her approach to real estate investing.

Join us as Katie offers valuable advice on how she invests her time in as the Marketing Director of Furnished Finder & Keycheck and as a, Co-host The Landlord Diaries Podcast and how she invests in mid-term rentals as an investor. She shares how overcoming common hurdles, building a strong investment portfolio, and fostering a supportive community in the real estate space. Whether you're new to investing or looking to refine your strategies, this episode is packed with insights to help you embark in your mid-term rental journey.

Tune in now to learn how to tackle the challenges of midterm rental management, harness the power of strategic marketing, and build a legacy in real estate with Katie Lyon. Don't miss this enlightening conversation!

HIGHLIGHTS OF THE EPISODE:

11:42 - Katie defines what a midterm rental is

24:30 - Katie talks about leveraging marketing for real estate investing

KEEPING IT REAL:

04:00 - Katie's background in marketing and real estate

09:57 - The advantages of midterm rentals over short-term rentals

15:05 - Family involvement in real estate and creating a legacy

20:00 - The role of marketing in real estate investing

24:35 - Aligning career with personal interests and passions

30:10 - Building a successful rental portfolio and lessons learned

36:25 - Advice for new investors and overcoming limiting beliefs

42:15 - The importance of community and collaboration in real estate

47:30 - Future plans and growth in the real estate space

1:05:58 - We are OUT!!!

CONNECTING WITH THE GUEST

Website: https://www.furnishedfinder.com/

Linkedin: https://www.linkedin.com/in/katie-lyon8/

Instagram: https://www.instagram.com/mskatielyon/?hl=en

Youtube: https://www.youtube.com/@thelandlorddiaries

#MidtermRentals #PropertyManagement #MarketingStrategies #RealEstateInvesting

Get the Midterm Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint Welcome to the lab, and today, we bring back Terry Judge, CEO of CORE, for a deep dive cost segregation case study on our own properties. In this enlightening episode a follow up from episode #286 where Terry discussed the maximizing tax benefits from cost segregation, in this follow up episode, Terry peels back the curtains on the benefits that cost segregation can have on an investor like you by using our properties as real time case study. This cost segregation case study alone in our situation gave us a $50,000+ check from the IRS which we will be able to utilize for another investment. From understanding the basics to diving into detailed strategies, Terry explains how cost segregation can supercharge depreciation and provide substantial tax savings for YOU.

Terry discusses the importance of timing and the different categories of property for depreciation. He also covers the benefits of doing a cost segregation study and how it impacts both short-term and long-term rental properties. Terry provides real-life examples, including a case study of properties owned by the host, to illustrate the powerful financial impact of cost segregation.

Whether you're a seasoned investor or just starting out, this episode provides invaluable insights into optimizing your real estate investments through strategic tax planning. Join us as Terry Judge breaks down the complexities of cost segregation and reveals in this case study how you can maximize your tax benefits.

HIGHLIGHTS OF THE EPISODE:

07:29 - Terry talks about cost segregation benefits.

18:59 - Terry talks about why you need a cost segregation study

KEEPING IT REAL:

04:00 - Importance of timing in cost segregation

06:00 - Different property categories for depreciation

08:15 - Real-life examples of cost segregation benefits

10:00 - How cost segregation impacts short-term rentals

12:30 - Detailed case study of short-term rental properties

15:00 - Importance of strategic implementation

18:45 - Benefits of doing a cost segregation study

21:00 - Financial impact on long-term rental properties

23:15 - Key takeaways and practical advice

25:00 - How to get started with cost segregation

27:00 - Wrapping up and connecting with Terry Judge

CONNECTING WITH THE GUEST

Website: https://coresolutionsgroup.net/

Linkedin: https://www.linkedin.com/in/coresolutionsgroup/

Instagram: https://www.instagram.com/terry_judge/?hl=en

Email: terryjudge@coreadvisors.net

#CostSegregation #TaxBenefits #RealEstateInvesting #DepreciationStrategies

Get the Midterm Rental Insurance Blueprint: ⁠https://experimentrealestate.com/#blueprint⁠

Welcome to the lab, and today, we step in with Jason Hull, CEO and Founder of DoorGrow. In this enlightening episode, Jason shares his journey and strategies for scaling property management businesses. From starting with zero doors to managing 105 units in just six months, Jason emphasizes the importance of depth over breadth in business relationships.

Jason delves into the concept of "depth" in client interactions and explains how personal connections can significantly impact business growth. He shares practical strategies, such as the Neighbor Strategy, to leverage local relationships and increase client acquisition. Jason also discusses the challenges and opportunities in property management, offering insights into effective pricing models, branding, and the critical role of purpose in business.

Whether you're a seasoned property manager or just starting out, this episode provides invaluable insights into building and scaling a successful property management business. Join us as Jason Hull shares his expertise on creating meaningful connections, optimizing business processes, and achieving sustainable growth. Tune in now!

HIGHLIGHTS OF THE EPISODE:

11:25 Jason talks about his definition of a business

36:05 Jason talks about being motivated by purpose instead of money

KEEPING IT REAL:

06:50 - The importance of understanding client needs

10:00 - Common misconceptions in property management

12:00 - The process myth for businesses over 200 units

18:30 - The importance of a well-structured website

20:20 - The benefits of a three-tier hybrid pricing model

25:00 - Overcoming operational challenges in property management

30:00 - Crafting the ultimate sales pitch

34:00 - Leveraging local relationships with the Neighbor Strategy

38:50 - Building trust and safety with real estate agents

45:00 - The five levels of exit for entrepreneurs

52:00 - The challenge of maintenance in property management

1:00:00 - The impact of AI on property management

1:07:00 - Importance of focusing on the next right move

1:20:26 - We are OUT!

CONNECTING WITH THE GUEST

Website: https://doorgrow.com/

Linkedin: https://www.linkedin.com/in/kingjasonhull/

Instagram: https://www.instagram.com/kingjasonhull/?hl=en

Facebook: https://www.facebook.com/kingjasonhull/

X: https://x.com/doorgrow

Youtube: https://www.youtube.com/c/doorgrow

#PropertyManagement #BusinessGrowth #ClientRelationships #RealEstateInvesting