She’s Got Assets | Real Estate Investing

Airbnb & Real Estate Investments: Unpacking Strategies for Success with Airbnbs in a Challenging Market

In this episode of the 'She's Got Assets' podcast, host Shona Lepis sits down with special guest Thomas Callahan, a successful Airbnb entrepreneur, to discuss his journey from mechanical engineering to real estate investment. 
Thomas shares insights into transitioning from traditional employment to financial independence through creative real estate strategies, focusing on short-term rentals (STR). He offers practical advice on dealing with regulations, optimizing Airbnb listings, the importance of mindset in entrepreneurship, and effective management techniques for ensuring high guest satisfaction and operational efficiency. This conversation is filled with valuable tips for anyone looking to venture into real estate investment or enhance their Airbnb business.
 
Connect with Thomas Callahan
https://www.airbnb.com/users/show/392859086
Email: ThomasRobertCallahan@gmail.com
https://www.facebook.com/groups/shesgotassetsnetwork
Tag us on Instagram with a takeaway from this episode.
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Connect with host Shona Lepis.
Instagram: 
Shona Buys Houses@shonabuyshouses https://www.facebook.com/shonabuyshouses/
LinkedIn: https://www.linkedin.com/in/shonalepis/

Unlocking Financial Freedom: Lessons from a Real Estate Entrepreneur

In this episode of  the She's Got Assets podcast real estate investment podcast, host Shona Lepis engages in an enlightening conversation with Andrea Engstrom, a seasoned entrepreneur and real estate investor. Andrea shares her journey from owning a branding and digital agency to stepping into the real estate investment domain. She brings to light the importance of creating relationships, leveraging networking for finding deals, and the significance of having a clear and authentic brand as a real estate investor. 
Andrea emphasizes the role of mindset, identity, and taking imperfect action in the path to financial freedom and generational wealth through real estate. Additionally, she highlights the value of community and having a supportive tribe for women entrepreneurs. 
The conversation embraces the theme of living life on one's terms, overcoming self-sabotage, and embracing one's strengths, with Andrea providing insights into resources that have aided her growth. The episode concludes with pointers on how listeners can connect with Andrea and join her community for further learning and empowerment.
Connect with: Andrea Engstrom https://www.facebook.com/groups/boldwomeninbusinesssisterhood
Show Sponsor: She’s Got Assets™
We offer two courses. The MTR Playbook course teaches real estate investors how to set up and fully book their first mid-term rental with great guests so they can 2x your cash flow. We cover the basics from planning and how to set up and furnish your mid-term rental, how to self-manage and get direct bookings to keep more profit, to how to launch your first mid-term rental.The REI Playbook teaches you how to buy your first investment property, from how to market to find off-market deals to creative REI strategies like owner financing.
Join our  Facebook group.
https://www.facebook.com/groups/shesgotassetsnetwork
 
Tag us on Instagram with a takeaway from this episode.
Follow us on Instagramhttps://www.instagram.com/shesgotassets  #shesgotassets
Subscribe to our YouTube Channelhttps://www.youtube.com/@shesgotassets
Connect with host Shona Lepis.
Instagram: 
Shona Buys Houses@shonabuyshouses
Shona Buys Houseshttps://www.facebook.com/shonabuyshouses/LinkedIn: https://www.linkedin.com/in/shonalepis/

Navigating Real Estate Investment: Strategies, Risks, and Rewards

In this episode of the She's Got Assets podcast, host Shona Lepis discusses the ins and outs of real estate investing with guest Steven Tran, a real estate agent and investor from Portland, Oregon. Tran shares his unconventional journey into real estate, initially triggered by a family crisis, and how he accidentally discovered the benefits of real estate investment through purchasing a fourplex. The conversation delves into various topics, including the importance of taking calculated risks, the advantages of owning property for generating wealth, and lessons learned from managing properties. Tran emphasizes the value of education, hard work, and flexibility in the real estate industry. Additionally, the episode touches on broader real estate investment strategies, the impact of market changes on investing, and the importance of understanding local laws and regulations. Listeners are encouraged to educate themselves, seek out opportunities, and embrace the long-term benefits of real estate investing.
Connect with: Steven Tran
REalized Gains Podcast
https://podcasts.apple.com/us/podcast/realized-gains-podcast/id1639042110?ign-itscg=30200&ign-itsct=lt_p
https://www.youtube.com/@realizedgainspodcast
 
Show Sponsor: She’s Got Assets™
We offer two courses. The MTR Playbook course teaches real estate investors how to set up and fully book their first mid-term rental with great guests so they can 2x your cash flow. We cover the basics from planning and how to set up and furnish your mid-term rental, how to self-manage and get direct bookings to keep more profit, to how to launch your first mid-term rental.The REI Playbook teaches you how to buy your first investment property, from how to market to find off-market deals to creative REI strategies like owner financing.
Join our  Facebook group.
https://www.facebook.com/groups/shesgotassetsnetwork
 
Tag us on Instagram with a takeaway from this episode.
Follow us on Instagramhttps://www.instagram.com/shesgotassets  #shesgotassets
Subscribe to our YouTube Channelhttps://www.youtube.com/@shesgotassets
Connect with host Shona Lepis.
Instagram: 
Shona Buys Houses@shonabuyshousesShona Buys Houseshttps://www.facebook.com/shonabuyshouses/LinkedIn: https://www.linkedin.com/in/shonalepis/
 

Empowering Women Through Real Estate Investing and Entrepreneurship: A Discussion with Gigi Kinsey

The episode features a discussion between podcast host Shona Lepis and Gigi Kinsey, an entrepreneur and real estate investor since 1998 who has owned multiple home improvement businesses. Gigi is committed to empowering women, especially in the home improvement industry. She also shares insights about flipping houses, the importance of having a set formula for real estate investments, and continual learning and flexibility in the business. Gigi also discusses making a business out of interior remodeling and renovating to keep a team busy, earn steady cash flow, and create more opportunities for creative expression and realizing a client's vision. Lastly, Gigi urges women to define their paths to success based on their terms rather than society's dictates.
 
Connect with: Gigi Kinsey 
www.RenovateHERbiz.com
FB:  Gigi Kinsey  (RenovateHER public page)
FB:  House Flipping Women
IG:  RenovateHER_1
 
Show Sponsor: She’s Got Assets™
https://www.shesgotassetshq.com/
We offer two courses. The MTR Playbook course teaches real estate investors how to set up and fully book their first mid-term rental with great guests so they can 2x your cash flow. We cover the basics from planning and how to set up and furnish your mid-term rental, how to self-manage and get direct bookings to keep more profit, to how to launch your first mid-term rental.The REI Playbook teaches you how to buy your first investment property, from how to market to find off-market deals to creative REI strategies like owner financing.
Join our Facebook group.
https://www.facebook.com/groups/shesgotassetsnetwork
Tag us on Instagram with a takeaway from this episode.
Follow us on Instagramhttps://www.instagram.com/shesgotassets  #shesgotassets
Subscribe to our YouTube Channelhttps://www.youtube.com/@shesgotassets
Connect with host Shona Lepis.
Instagram: 
Shona Buys Houses@shonabuyshouses
Shona Buys Houseshttps://www.facebook.com/shonabuyshouses/LinkedIn: https://www.linkedin.com/in/shonalepis/
 

Understanding Real Estate Investment

This is a special edition podcast that is a replay of a live stream in the She’s Got Assets Group.
In this wide-ranging and in-depth discussion, host Shona Lepis and Greg Pinneo, a seasoned real estate investor and mentor, take  a deep dive into the art and science of successful real estate investing. Greg shares the importance of location, driven by economic demand, in real estate investment decisions. He also discusses the key principles of acquiring, financing, negotiating, and managing properties effectively. We highlight the importance of effective deal structuring, negotiation skills, understanding the seller, and leveraging seller financing. Additionally, Pinneo talks about the transformative potential of real estate investing and the critical need for education and mentorship in the field.
Connect with Greg Pinneo
https://www.thecorco.com/
 
A Day At the Hanger 
https://www.facebook.com/groups/GregPinneoTheEntrepreneursFight/
 
The Greg Pinneo Podcast
https://podcasts.apple.com/us/podcast/the-greg-pinneo-podcast/id1710469031
 
Show Sponsor: She’s Got Assets™
We offer two courses. The MTR Playbook course teaches real estate investors how to set up and fully book their first mid-term rental with great guests so they can 2x your cash flow. We cover the basics from planning and how to set up and furnish your mid-term rental, how to self-manage and get direct bookings to keep more profit, to how to launch your first mid-term rental.The REI Playbook teaches you how to buy your first investment property, from how to market to find off-market deals to creative REI strategies like owner financing.
Join our  Facebook group.https://www.facebook.com/groups/shesgotassetsnetwork
Tag us on Instagram with a takeaway from this episode.
Follow us on Instagramhttps://www.instagram.com/shesgotassets  #shesgotassets
 
Subscribe to our YouTube Channelhttps://www.youtube.com/@shesgotassets
Connect with host Shona Lepis.
Instagram: 
Shona Buys Houses@shonabuyshouses
Shona Buys Houseshttps://www.facebook.com/shonabuyshouses/LinkedIn: https://www.linkedin.com/in/shonalepis/

Exploring Price Labs: The Power of Dynamic Pricing in Mid-Term Rentals

Price Labs Co-founder, Anurag Verma, joins host Shona Lepis on 'She's Got Assets', a podcast dedicated to real estate investments. They discuss the evolution of Price Labs from a dynamic pricing system to a comprehensive revenue management system. Anurag sheds light on the value of data-driven insights for property management, including short-term, mid-term, and long-term rentals and the role of various factors in pricing strategies. The shift towards midterm rentals, the importance of understanding specific market demands, and strategies to maximize property revenue are also examined. Anurag emphasizes that while their software provides valuable data and market comparison tools, it does not remove the property manager's input and control in pricing their assets.
https://pricelabs.co/
https://www.linkedin.com/in/anuragxverma/
Show Sponsor: She’s Got Assets™
We offer two courses. The MTR Playbook course teaches real estate investors how to set up and fully book their first mid-term rental with great guests so they can 2x your cash flow. We cover the basics from planning and how to set up and furnish your mid-term rental, how to self-manage and get direct bookings to keep more profit, to how to launch your first mid-term rental.The REI Playbook teaches you how to buy your first investment property, from how to market to find off-market deals to creative REI strategies like owner financing.
Join our  Facebook group.
https://www.facebook.com/groups/mtrplaybook
Tag us on Instagram with a takeaway from this episode.
Follow us on Instagramhttps://www.instagram.com/shesgotassets  #shesgotassets
Subscribe to our YouTube Channelhttps://www.youtube.com/@shesgotassets
Connect with host Shona Lepis on LinkedInhttps://www.linkedin.com/in/shonalepis/

Maximizing Profits through Insurance Claims in Mid-Term Rentals

In this episode, host Shona Lepis chats with Vi Nguyen, the founder of Homads, a platform bridging the gap between mid-term rental hosts and insurance claims for displaced homeowners due to damage to their homes from water and fires, etc. We dive into the lucrative world of insurance claims and Additional Living Expense (ALE) coverage, shedding light on how insurance companies support homeowners during home repairs or rebuilding.
Key Points Covered:
Understanding ALE Coverage:
When homeowners file insurance claims for significant damages that render their homes uninhabitable, insurance companies step in with Additional Living Expense (ALE) coverage.
ALE coverage typically includes temporary housing, meals, and other essential living expenses while the home is under repair.
This coverage is commonly found under the "loss of use" section in a home insurance policy and is often set at 20% of the dwelling coverage.
 
The Role of ALE Service Providers:
Insurance companies collaborate with ALE service providers who specialize in finding suitable temporary accommodations for displaced homeowners.
These specialized firms manage an astonishing $30 billion annually in temporary housing solutions and play a crucial role in placing homeowners in temporary housing.
 
Opportunities for Mid-term Rental Hosts:
Mid-term rental hosts have a significant opportunity to become preferred providers for ALE service companies.
Hosts can charge a premium for offering fully furnished rentals with flexible lease terms, catering to the specific needs of displaced homeowners.
 
Understanding the Mid-term Rental Market:
We discuss the challenges of pricing properties in the mid-term rental market and emphasize the importance of understanding guests' diverse needs.
Building trust and maintaining open communication with renters are key factors in ensuring a positive guest experience.
Conclusion:
This episode uncovers a unique intersection between the insurance claims industry and mid-term rentals, showcasing how savvy hosts can tap into a profitable niche market. The episode offfers insights offers valuable guidance for anyone looking to maximize profits in this emerging space, emphasizing the importance of tailored offerings and excellent customer service for both homeowners and renters alike.
 
Connect with: Homads
Website: https://homads.com/
Facebook: https://www.facebook.com/homadsrentals/LinkedIn: https://www.linkedin.com/in/vi-nguyen-716bb718/
Show Sponsor: She’s Got Assets™
We offer two courses. The MTR Playbook course teaches real estate investors how to set up and fully book their first mid-term rental with great guests so they can 2x your cash flow. We cover the basics from planning and how to set up and furnish your mid-term rental, how to self-manage and get direct bookings to keep more profit, to how to launch your first mid-term rental.The REI Playbook teaches you how to buy your first investment property, from how to market to find off-market deals to creative REI strategies like owner financing.
Join our  Facebook group.
https://www.facebook.com/groups/mtrplaybook
Tag us on Instagram with a takeaway from this episode.
Follow us on Instagramhttps://www.instagram.com/shesgotassets  #shesgotassets

Challenging the Norms: Unlocking the Power of Mindset in Real Estate Investing

In this revealing discussion, host Shona Lepis chats with real estate investor and agent Melissa Dorman, who shares her journey from being a social worker to becoming a successful real estate investor and broker. After being exposed to psychology and learning about perception, she discovered that beliefs shape what people see and can achieve. She talks about her strategy of buying small multifamily units, living in one, and renting out the others for minimal cash outlay, accelerating financial freedom. 
 
She also shares how she purchased a triplex by negotiating seller financing and creativity. She emphasizes the importance of networking, community, fear management, being authentic, and continual learning. Melissa is working on her book 'Being Rich is Gay,' which she promises to be a path-breaking and inspiring exploration of personal growth and reframes capitalism and wealth building.

Mid-term Rentals, Branding, and Hospitality: A Conversation with Vivian Yip

In this episode, Host Shona Lepis chats with Vivan Yip, a real estate investor in Austin, Texas, shares her journey from starting in real estate at the age of 24 through house hacking, to flipping properties, and finally focusing on the midterm rental space. Vivian reveals how the unexpected health scare of losing her hair to Alopecia universalis influenced her focus on real estate and drove her towards creating a fulfilling business. 
The conversation dives into details about Vivian's innovative platform, 'Corporate Rentals USA', which aims to provide a premium hospitality experience for guests and offer collaboration opportunities for hosts. 
She highlights the importance of branding in making your property stand out in a saturated market, and offers tips on styling, important amenities, and the useful tools she employs such as OwnerRes and PriceLabs. Beyond this, Vivian also imparts advice on pricing and aspects to consider while buying a property for midterm rentals. 
Lastly, she stresses the importance of networking with insurance companies and adjusters to attract more corporate placements.
 
Connect with: Vivian Yip
https://vivianyip.com/
https://corporaterentalsusa.com/
https://www.facebook.com/groups/mtrwealth
 
Show Sponsor: She’s Got Assets™
We offer two courses. The MTR Playbook course teaches real estate investors how to set up and fully book their first mid-term rental with great guests so they can 2x your cash flow. We cover the basics from planning and how to set up and furnish your mid-term rental, how to self-manage and get direct bookings to keep more profit, to how to launch your first mid-term rental.The REI Playbook teaches you how to buy your first investment property, from how to market to find off-market deals to creative REI strategies like owner financing.
Join our Facebook group.
https://www.facebook.com/groups/mtrplaybook
 
Tag us on Instagram with a takeaway from this episode.
https://www.instagram.com/shesgotassets  #shesgotassets
 

Unlocking Mid-term Rentals: Ms Kellie Michele on Boosting Profits, Optimizing Property Management, and Navigating Rental Arbitrage

Podcast host Shona Lepis interviews guest Ms Kellie Michele, a real estate mogul, and midterm rental expert, and discusses the pros and cons of midterm rentals compared to short-term rentals. She highlights that with mid-term rentals, you don't have to touch the property as often as you do with short-term rentals, which require constant cleaning and maintenance.
 
Midterm rentals also tend to have better quality guests and less wear and tear on the property. Kellie emphasizes the importance of market research to determine the demand for different property sizes and advises against investing in properties that don't align with the market demand. She also shares her approach to furnishing midterm rentals, focusing on practical and modern furniture that provides a comfortable and homey atmosphere.
 
Kellie discusses her vetting process for guests, including background and credit checks, and the importance of staying at the property to ensure its quality. She also shares her favorite tools for managing and collecting rent, such as Zillow and Venmo. Kellie provides insights into underwriting and setting profit goals for midterm rentals, emphasizing the need to factor in expenses and desired profit margins.
 
She also discusses her approach to rental arbitrage, including finding properties, presenting the business case to landlords, and managing the properties herself. Kellie concludes by discussing the importance of knowing and following local regulations and considering the option of hiring help or working with a property management company for remote management.