EPISODE · Dec 12, 2022 · 1H 6M
Sourcing Quality Furniture for your Short Term Rentals with Jeffrey Ilouilan - Episode # 212
from In The Lab with Ruben Kanya · host Ruben Kanya
The short-term rental industry is a niched real estate industry of its own, and Jeffrey Ilouilan started to solve his own problems as a short term rental host trying to source quality furniture for his multiple units as a short term rental arbitrage operator. During his time he launched multiple units that ranged from luxury homes and apartment buildings. Jeffrey Ilouilan, then Co-Founded HostGPO which is a furnished buying group for short-term rental operators. In this episode, learn how you can source quality furniture for all your short term rentals via group that has already sourced all the supply chain management headaches and logistics for you. HostGPO is able to source the best prices in the industry from of the best well known furniture companies in the industry. Before you launch your next short term rental , become a member of the Host GPO group, you’ll see why in this episode. HIGHLIGHTS OF THE EPISODE: 12:04 Being Outside Your Comfort Zone 18:25 Tackling Business Opportunities KEEPING IT REAL: 04:06 Introduction 08:03 Why Arbitrage and Not Ownership? 16:08 Vacation Rental Specific Problem Solving Companies 22:21 Timing Considerations 25:18 Proof of Concept 35:45 Free Shipping 40:54 Working With Local Designers 52:32 The Win-Win Situation 58:11 Closing NOTABLE QUOTE (KEY LESSONS): 12:04 “...Be outside your comfort zone because your comfort zone becomes bigger…” – Jeffrey Ilouilan CONNECT WITH THE GUEST Website: https://hostgpo.com/ Twitter: https://twitter.com/HostGPO?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor Instagram: https://www.instagram.com/hostgpo/?hl=en Facebook: https://www.facebook.com/hostgpo/ LinkedIn: https://www.linkedin.com/company/hostgpo/ Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint 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 #valueadd #vacationrental #problemsolving
What this episode covers
The short-term rental industry is a niched real estate industry of its own, and Jeffrey Ilouilan started to solve his own problems as a short term rental host trying to source quality furniture for his multiple units as a short term rental arbitrage operator. During his time he launched multiple units that ranged from luxury homes and apartment buildings. Jeffrey Ilouilan, then Co-Founded HostGPO which is a furnished buying group for short-term rental operators. In this episode, learn how you can source quality furniture for all your short term rentals via group that has already sourced all the supply chain management headaches and logistics for you. HostGPO is able to source the best prices in the industry from of the best well known furniture companies in the industry. Before you launch your next short term rental , become a member of the Host GPO group, you’ll see why in this episode. HIGHLIGHTS OF THE EPISODE: 12:04 Being Outside Your Comfort Zone 18:25 Tackling Business Opportunities KEEPING IT REAL: 04:06 Introduction 08:03 Why Arbitrage and Not Ownership? 16:08 Vacation Rental Specific Problem Solving Companies 22:21 Timing Considerations 25:18 Proof of Concept 35:45 Free Shipping 40:54 Working With Local Designers 52:32 The Win-Win Situation 58:11 Closing NOTABLE QUOTE (KEY LESSONS): 12:04 “...Be outside your comfort zone because your comfort zone becomes bigger…” – Jeffrey Ilouilan CONNECT WITH THE GUEST Website: https://hostgpo.com/ Twitter: https://twitter.com/HostGPO?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor Instagram: https://www.instagram.com/hostgpo/?hl=en Facebook: https://www.facebook.com/hostgpo/ LinkedIn: https://www.linkedin.com/company/hostgpo/ Get Your Airbnb Millionaire Blueprint: https://experimentrealestate.com/#blueprint 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 #valueadd #vacationrental #problemsolving
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Sourcing Quality Furniture for your Short Term Rentals with Jeffrey Ilouilan - Episode # 212
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