227. Building From the Ground Up with Alex Jarbo

Your WakeUp Call begins when you start to challenge conventional thinking. When you empower yourself to break free from the daily grind. When you choose to design your own lifestyle and economy. 

 

Host Paul Thompson is joined for this episode of “The Wake-Up Call” Podcast by Short-Term Rental/Hospitality Professional, Youtuber, and “Builder”, Alex Jarbo. The two discuss how he has optimized an incredible workflow unique to the Hospitality space, including bringing in returning customers and maximizing cash flow.

 

After leaving the military, Alex’s “Wake-Up Call” led him into business and moved him toward the Ashville, North Carolina sector. He has since started building and renting interesting and unique spaces such as Cabins and Treehouse Rentals, which he considers to be the future of Short Term Rentals/Airbnb.

 

Key Points From This Episode: 

 

• Every Market Has its own Caprate.

• The more Streamlined your operations, the higher the valuation

• Boomers are Passing their properties on to Millenials and Gen Z who are much more likely to sell than their elders.

• The goal is to capture guests’ info after bookings, and remarket to them through a direct booking website– avoiding Airbnb, etc. entirely.

• If customers find a good host, they’re much more likely to rebook, creating a wheel of direct rebookings

• What Tech can you get involved into your Business before you involve a “Who”?

• The Larger the Runway (Bigger Size of Deal) The longer the duration of the deal

• Airbnb/Vacation Rentals has gone to the “Unique Stay” space, leaning hard into something “Instagrammable” and exciting.

• If you can make it work in this interest rate environment— you can make it work anywhere. “Survive to ‘25”.

 

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About Today’s Guest:

Alex Jarbo is the founder and CEO of Sargon Investments. He is a regular contributor to some of the top real estate investing podcasts in the world. He is also the host of the YouTube channel Alex Builds where he teaches how to properly build and manage short term rentals.

Sargon Investments is a short term rental resort development firm. We work to provide above average, double digit returns to our accredited investors.