Scaling a Short-Term Rental Co-Hosting Business with Kyle Stanley - Episode #261

In The Lab with Ruben Kanya

Get the FREE Mid-Term Rental Insurance Blueprint: https://experimentrealestate.com/#blueprint Today, in the lab we explore the world of short-term rentals with Kyle Stanley, a former sports broadcaster turned investor with a niche in short-term rentals. As the host of The Fearless Investor Podcast, Kyle shares his experiments Co-hosting a portfolio of 50+ short-term rental properties in Fresno, CA, Kyle built a 6-figure business in one year, reaching 7-figures by year two.

Kyle discusses his journey from struggling entrepreneur to building a well-oiled machine that has given him the ability to scale today. Drawing lessons from his sports background, he explores the connections between sportsmanship and real estate. From renting out houses on Airbnb to evaluating long-term rentals, Kyle delves into the details of successful real estate investing.

Discover the strategy of buying on terms, offering flexible options for savvy investors. Kyle provides insights into understanding the nuances of the Fresno real estate market, guiding through this dynamic landscape. Learn the principles of taking responsibility and embracing risks in real estate investing as Kyle Stanley provides a roadmap to triumph in this ever-evolving industry.

If you’re looking to build and scale a co-hosting business the way Kyle has, you’ll want to Tune in now to glean insights from Kyle's approach to both entrepreneurship and real estate.

HIGHLIGHTS OF THE EPISODE:

07:37 Kyle talks about figuring ways to find real passive income

26:34 Kyle talks about long-term rental as a backup plan

KEEPING IT REAL:

05:00 Struggling Entrepreneur to Passive Income

10:01 Lessons from Sports

20:00 Renting out a house on Airbnb

25:01 Evaluating the potential of a long-term rental

30:00 Buying on Terms: Options for Real Estate Investors

35:00 Understanding the Fresno Real Estate Market

40:00 Successful Real Estate Investing

45:00 Taking responsibility and taking risks in Real Estate Investing

48:08 We are OUT

CONNECT WITH THE GUEST

Website: https://fearlesskyle.com/

Linkedin: https://www.linkedin.com/in/kyle-stanley-b0a4a487/

Instagram: https://www.instagram.com/fearlesskyle/

Facebook: https://www.facebook.com/kyle.stanley.750

#RealEstateInsights #InvestmentJourney #FearlessInvesting #Airbnb