SA738 | Proven Techniques for RE Hospitality Business Success with Cale Delaney

Did you know that short-term rentals are considered one of the most stable assets in the real estate industry? We chat with Cale Delaney, who will elaborate on the numerous advantages, resources, and operational hacks associated with managing a successful hospitality business that prioritizes its tenants. Tune in to gain valuable insights and learn more about this thriving industry!Key Takeaways to Listen forProfitable characteristics of short-term rentals and how to benefit from themThings you should know and include when underwriting short-term rentalsInnovative software to help streamline your rental operationsWhere to source your capital when starting a short-term rental business A valuable experience that teaches the power of maximizing resourcesResources Mentioned in This EpisodeBiggerPockets Rich Dad Poor Dad by Robert Kiyosaki | Kindle and Mass Market PaperbackGoogle MapsPriceLabsVrboAirbnbFacebook GroupsAirDNA RabbuHospitable Host 2 by Cale Delaney et al. | Paperback Free Apartment Syndication Due Diligence Checklist for Passive Investor About Cale Delaney Cale, who self-titles himself as the Accidental-Intentional Millionaire, is a Christian Real Estate investor, entrepreneur, husband, and father of 3. After graduating cum laude with an Engineering degree from Univ. of Miami, he began his real estate career in 2006, working as a Commercial Real Estate Investment Broker in Miami, FL, where he was awarded the Pace Setter award his first year for the most number of listings and sold over $7M in multi-family and retail Real Estate. However, with the crash of 2008, he left that business and put Real Estate on hold until 2020, when he decided to go all in to start building generational wealth for his family. Since then, his investment portfolio went from $300k in January 2020 to over $6M less than two years later. In those two years, he acquired 13 units, including 5 LTRs and 8 STRs, seven luxury log cabins in the Smoky Mountains in TN.Connect with CalePodcast: The Fit Investor | Apple Podcast and Spotify Facebook: Cale DelaneyInstagram: @cale_delaneyEmail: [email protected] To Connect With UsPlease visit our website: www.bonavestcapital.com, and please click here, to leave a rating and review!SponsorsGrow Your Show, LLCThinking About Creating and Growing Your Own Podcast But Not Sure Where To Start?Visit GrowYourShow.com and Schedule a call with Adam A. Adams