Ep 228 -Transitioning from STRs to Hotels with Mike Sjogren and Shawn Moore

Short Term Rental Secrets Podcast

Ready to scale beyond short-term rentals? Mike Sjogren and Shawn Moore reveal the step-by-step process of transitioning from STRs to boutique hotels. Discover key strategies for funding, operations, and long-term success in the hospitality industry. Don’t miss this game-changing episode!

01:26 - From Corporate Job to Real Estate Investor

03:29 - The Breaking Point That Led to Financial Freedom

05:03 - First STR Deal: Taking a Risk That Paid Off

07:57 - Rental Arbitrage vs. Owning: Choosing the Right Path

10:09 - Scaling STRs with Smart Systems and Automation

13:23 - Overcoming Challenges in a Competitive Market

16:00 - The Power of Virtual Assistants in STR Management

19:48 - Turning Co-Hosting Into a Profitable Business Model

22:33 - Mastering Guest Experience for Higher Ratings

26:15 - Building a Long-Term Vision for STR Growth

29:25 - Leveraging Partnerships for Real Estate Success

32:10 - Transitioning from STRs to Boutique Hotels

35:53 - The Importance of Finding the Right Mentors

38:31 - Avoiding Costly Mistakes When Buying STRs

42:00 - The Future of STRs: Where the Market Is Headed

45:10 - Final Advice: Think Bigger, Take Action, Succeed

Shawn Moore's Bio:

From reading real estate books at the public library to cashing his first wholesale check right out of college, Shawn has always been interested in finding the best opportunities in real estate. His desire to learn and achieve the best led him to seek great coaching from mentors and to be a good student. In his 22 years in the industry, Shawn has flipped homes, built a portfolio of long term rentals, attained land development deals, sold high-end luxury resort properties, and now leads the #1 short term rental education company and mastermind group in the world.

Vacation Rental Revolution:

https://www.youtube.com/@VodysseyShawnMoore

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