Episode #147: Michael Elefante – Short-Term Rentals Masterclass

If you want to stand out as an investor in the short-term rental market, this is the episode for you! Within 12 months of entering the real estate world, Michael Elefante and his wife had reached their goal of attaining financial freedom. Today, they are managing seven short-term rentals as well as running a coaching program (BNB Investor Academy), a property management company (Hometeam Vacation Rentals), and a design company (Somerled Designs)! Tune in today to hear about the power that lies in leveraging technology in the real estate space, the tools that Michael uses to optimize his approach to short-term rentals, the KPIs that he focuses on, and the goals that he has for the future! Key Points From This Episode:The goal that attracted Michael and his wife into the real estate space (which they achieved within 12 months).What Michael’s working life currently consists of.How technology has transformed the short-term rental space.Michael’s favorite real estate investment tools.Factors that are indicative of the success (or not) of a short-term rental property.KPIs that Michael focuses on.How to set yourself apart from your competitors in the short-term rental space.Goals that Michael has for the future.Links Mentioned in Today’s Episode:Michael Elefante on LinkedInMichael Elefante on YouTubeMichael Elefante on InstagramBNB Investor AcademyHome Team Vacation RentalsSomerled DesignsThe Social Wealth PodcastAirDNAGuestyPriceLabsWheelhouseAsset Management Mastery Facebook GroupBreak of Day CapitalBreak of Day Capital InstagramBreak of Day Capital YouTubeGary Lipsky on LinkedIn