Scaling to 300+ Short Term Rental Properties By Franchising Internationally with Ryan Luke - Episode #200

Ryan Luke is a real estate investor with a very unique model of rental arbitrage baked into his portfolio of properties that he owns as well. Ryan uses his arbitrage model to scale quickly combining cash flow for ownership. He spent months perfecting his business before coming up with a very niched concept in the short term rental industry doing it uniquely overseas, primarily in Dubai. Fast forward now he’s amassed a portfolio of 300+ properties and built a community along the way. Ryan plans on expanding to 5,000 units by 2024, and he is well on his way. The franchise  arbitrage model is baked into his rental management – think strength in numbers –  and he has leveraged this successfully into a faster cash flow engine in real estate. . Any host looking to scale and borrow this proof of concept can do so, as Ryan says, ‘you don't need to create anything new, just model success..” Starting a business is not an easy feat, but if you keep at it day after day—you are bound to succeed. After all, Rome wasn’t built in a day. Unfortunately, often with rental hosts they create another job in the process of managing their guests and rentals. Ryan Luke has found a way to work through this using a franchise type model. He’s made everything from scratch and teaches this model to hosts today alleviating them with what they struggle the most – back end operations. Tune in to find out how you can implement this model in your lab or simply plug into Ryan’s model as host as Ryan offers a franchise model as a service to those in a community who are a good fit. HIGHLIGHTS OF THE EPISODE: 13:46 Good ratio 18:59 What is the scope of the business 41:24 Franchise as an asset KEEPING IT REAL: 0:00 Introduction 2:47 Ryan's story 6:54 Franchise model 10:07 Buying asset 12:16 Target market 16:01 Family community support 21:44 Where is the team at 26:51 KPIs 28:56 Syndication-like model 30:32 Where did the spark come from 36:34 Ryan's next move 43:57 LukeCapitalGroup.com 45:56 Branding tip Episode Hashtags:  NOTABLE QUOTES (KEY LESSONS): “ …I think this goes through pretty much all areas of business . You don't need to create anything new, just model success..” - Ryan Luke CONNECTING WITH THE GUEST Website: https://www.lukecapitalgroup.com/ LinkedIn: https://uk.linkedin.com/in/ryanlukeuk Instagram: https://www.instagram.com/lukecapitalgroup/ 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 Instagram: https://www.instagram.com/therealestateexperiment/?hl=en Apply for an American Express Card with this link: http://refer.amex.us/RUBENKr8et?xl=cp01&mpt=v0 #mindset #realestate #education