WS1121: Increasing Rental Income with Nico Ortega

Short-term rentals can be a good additional source of income for multifamily operators. This business model is promising especially that people are starting to travel again. In this episode, Nico Ortega of Nouvo shares how you can incorporate subscription-based living into your multifamily properties.Nico talks about the current trends in travel and nomad living. He says people are now looking for larger spaces than the regular hotel room. He adds because of the global health crisis, people want more space. He also gives tips on how you can turn some units of your multifamily property into short-term rentals with a subscription-based living business model. Listen now and learn more about this possible additional source of revenue!After interviewing thousands of entrepreneurs, one truth is clear: business success means little if it costs your marriage, family, or faith.I'm now hosting the Courageous Men podcast for men who want to lead well at home and at work. I'm looking for five men to walk closely with who want to lead well at home and work.  Email me at [email protected] and tell me why you should be one of the five. whitneysewell.com  VISIT OUR WEBSITEhttps://lifebridgecapital.com/Here are ways you can work with us here at Life Bridge Capital:⚡️START INVESTING TODAY: If you think that real estate syndication may be right for you, contact us today to learn more about our current investment opportunities: https://lifebridgecapital.com/investwithlbc⚡️Watch on YouTube: https://www.youtube.com/@TheRealEstateSyndicationShow📝 JOIN THE DISCUSSIONhttps://www.facebook.com/groups/realestatesyndication➡️ FOLLOW UShttps://twitter.com/whitney_sewell https://www.instagram.com/whitneysewell/ https://www.linkedin.com/in/whitney-sewell/ ⭐ Be Our Guest!We are continuously working hard to help our listeners with their journey to real estate syndication. If you think you can add value in any way to our listeners who are in commercial real estate, then we’d love to have you over. Apply here: https://lifebridgecapital.com/join-our-podcast/