Building Wealth Unconventionally with Vacation Rentals with Shawn Moore - Episode #229

Buckle down Experiment Nation, because we’ve got a treat of an episode for you. Today, we have the one and only Shawn Moore, Founder and CEO of Vodyssey, THE NUMBER ONE vacation rental investing education company in the world. Shawn and his team are dedicated to helping individuals achieve a lifestyle of financial freedom by providing resources and guidance that gets you to the top! But here’s the kicker - Shawn didn’t start out on top. In fact, he lost everything at one point during 2008, and made an even worse decision before that, selling ALL his 52 single family rental properties. But he bounced back stronger than ever by niching down to short-term rentals, and elevating that further into the global investing education that he has today. After 22 years in the game, Shawn has been through it all, and he is clearly qualified to talk about the pitfalls, challenges, and the tactics to make it in the real estate investing world. We got into the nitty-gritty of what separates successful people, and how building your self-identity is key to achieving your goals. And that’s just the tip of it, we also dive deep into how his programs educate other investors into really getting started, and narrowing down your goals into a laser-focus precision. If you believe that vacation rentals are a great vehicle towards financial freedom, this episode with Shawn is the validation (and game plan) you’ve been looking for. Settle in, and get ready to learn from a true practitioner. Watch and listen to Shawn spill all the vacation rental investing knowledge you could ever want, while wearing the coolest cowboy hat to boot. Saddle up and let’s build! HIGHLIGHTS OF THE EPISODE: 30:18 How to really build wealth 14:52 What separates successful people KEEPING IT REAL: 2:49 What does Shawn do? 4:07 You're not an investor unless 8:57 From losing it all in 2008 to STR niche 13:10 Marker 14:52 What separates successful people 18:56 If there's something you don't want to do 21:04 Ad 26:54 Building your self-identity 28:24 Do people know how to build wealth 30:18 How to really build wealth 33:25 What is Vodyssey's blueprint 37:19 Leveraging third-party asset management 39:17 Economies of scale with management 42:06 The more clear you are on your goals 45:37 What's next for Vodyssey 47:47 What an owner needs to understand NOTABLE QUOTE (KEY LESSONS): “You’re not an investor if you don’t actually own investments.” – Shawn Moore CONNECT WITH THE GUEST Website: https://www.lifestyleassetuniversity.com/ Facebook: https://www.facebook.com/vodysseyofficial/ Linkedin: https://www.linkedin.com/in/shawn-moore-393454173 Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint Get coached on how you can repurpose your existing home or investment property into an Airbnb with me: https://experimentrealestate.com/hospitable-hosts Guesty Unique Link: https://hosts.guesty.com/?=therealestateexperiment Hospitable Hosts book: https://amzn.to/3e4LEhE Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0 #vacationrentalinvesting #airbnbinvesting #shorttermrentals #financialfreedom #propertyinvesting