Ep 76 - What to Do While Your Under Contract on an STR Property from Short Term Rental Secrets Podcast

Short Term Rental Secrets Podcast

MICHAEL SJOGREN

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Ep 76 - What to Do While Your Under Contract on an STR Property

34 minutes Posted Nov 15, 2021 at 4:00 pm.

Steps to take while waiting for your STR property to close

The House Bucket

Leveraging your relationship with the real estate broker/agent

Being involved and doing your homework

Planning and doing things ahead of time

Speed to market

Parking situation of the STR property

The feel of the neighborhood

The Team Bucket

Planting seeds and getting referrals

Analyzing your competition

Asking the locals about the area

The Timeline Bucket

Working backward from the launch date

Thinking through logically

Recap

Leveraging technology

Difference of a new STR operator to a professional operator

Why contractors need to be referrals

Interviewing as many people as possible

Accountability on timeliness

Going back to your vision and creating processes

STR Secrets wrapping up 2021

Text "RESOURCES" to (978) 242-001 to get the STR Secrets Starter Pack for free

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HOSTS' BIO

Mike Sjogren is a short-term rental expert and coach. He has a portfolio of STR properties across 5 states as well as an oceanfront boutique hotel. Mike brings a wealth of finance, business, and real estate experience. He is passionate about helping others create financial independence through the real estate so they can pursue their passions and leave their mark on the world.

Emanuele Pani is a Commercial and Residential Real Estate Consultant at Signature International Real Estate. Has a degree in accounting and finance. Started his real estate journey working as maintenance until the owner decided to sell the 40 unit apartment building to Emanuele.

HIGHLIGHTS OF THE EPISODE

NOTABLE QUOTES

"You plan the work then you work the plan." - Emanuele Pani

"The unforeseeable happens even if you plan the work." - Emanuele Pani

"Put yourself through the exercise." - Emanuele Pani

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