EP#11 | Having the Right Niche - Invest in Real Estate via Short Term Rental Fund | George Salas

In episode 11, George Salas talks about his journey in real estate and his transition from short-term rentals to creating lifestyle assets. After losing a significant amount of money in a limited partnership deal, Salas started in real estate with wholesale deals, flips, and short-term rentals. However, the pandemic made him realize that his short-term rental model was not sustainable, so he shifted to creating lifestyle assets by turning single-family properties into medium luxury STRs. Salas also shares his plans of creating a fund to help other investors and scaling his company to create 150 lifestyle assets within three years. He also emphasizes the importance of perceived value and finding a niche in a market to succeed in real estate. The episode ends with Salas sharing the three pieces of advice he took from his mentor: never give up, always be a student, and give back.Contact your hosts:Website: www.morelandequity.comFollow on social media @morelandequityListen on Apple Podcasts & Spotify @getdiversified