115. They Bought the STR Property Management Business Private Equity Passed On

I sit down with Cameron and Jeremy to break down how they acquired a 46-year-old Lake Tahoe property management company, growing from 10–15 homes to nearly 140 in a single deal.We discuss how they built their partnership, navigated messy financials and non-assignable contracts, used a Quality of Earnings professional, and valued the business based on its management contracts rather than traditional EBITDA.We also dive into what happened after closing from improving revenue management and listings to automating guest communication, rebuilding maintenance workflows, hiring key team members, and implementing EOS.Cameron and Jeremy share the realities of acquiring a legacy STR management company and their plan to strengthen operations, regain Superhost status, and scale toward $30 million in annual gross bookings.Connect with me....YouTube Channel: ⁠https://www.youtube.com/@patrykswietekInstagram: ⁠https://www.instagram.com/patryk_swietek/Facebook Group: ⁠https://www.facebook.com/groups/strnation/Connect with Jeremy & Cameron:Cameron on Instagram: https://www.instagram.com/cameron.masters_/Cameron on LinkedIn: https://www.linkedin.com/in/cameronemasters/Jeremy's email: [email protected]