Getting Rich with Airbnb Rentals - Chris Thomas Episode #102

GUEST BIO We are joined by Chris Thomas, a short term real estate investor known for his unconventional pull-no-punches style of advice. Chris began with mobile technologies which eventually led to becoming the founder of his own SMS text software company, Glu Mobile Media. In 2018, he took over as head of growth for frequent in San Diego. Today, he is a distinguished real estate investor specializing in short term rentals via AirBNB hosting. Chris influences professionals worldwide and sets them up with valuable information for short term investing, business, development, and overall financial success. Chris has become the authority for investment get-rich-tips, passion that is showcased wholeheartedly on his YouTube channel. He is a firm believer that those who think that “money doesn’t buy happiness” certainly don’t have any. HIGHLIGHTS OF THE EPISODE 02:44 -  Background of the guest 05:48 -  How it all started with Real Estate 09:25 -  Leveraging Trust 13:56 -  Video Tools of the Trade 17:51 -  Clarifying the First wave of Business Partners KEEPING IT REAL 20:16 -  Past Mistakes that made in the past 22:05 -  “Subject to” contract 25:20 -  Potential systems for operating the business 30:07 -  Good metrics for cleaning up 1 good bedroom 38:33 -  Acquisition perspective vs Management perspective 48:05 -  The Player’s Club 50:43 -  Listing Your Goals NOTABLE QUOTES (KEY LESSONS): “The fastest way to success is finding somebody who already achieved it” 8:37 - 8:43 “You have a very short life, in the United States the average life span is 72 years old. Right? It’s not a long time. Why would you spend it with people who are not growing and molding you to become the best person.” 49:22 - 49:40 CONNECTING WITH THE GUEST Website Facebook | Instagram | YouTube | LinkedIn This episode is brought to you by our sponsor Guesty.com which is a property management software that Ruben and his team use as short term rental Superhosts to manage and streamline all communication with their guests and team to make it a memorable stay for each guest that books their property. Use our private unique link here https://hosts.guesty.com/?r=therealestateexperiment  to let Guesty know we sent you! #ExperimentAirBnb