Ep 25 - Buying 130 apartments at 26 and maximizing cash flow with short term rentals with Adrian Salazar

GUESTS BIO

Adrian Salazar - has a portfolio of 6 short-term rentals and they are all in the apartment complexes that he owns. He has created processes and systems to automate the operations so that he can continue focusing on growing his portfolio and maximizing his returns.

HIGHLIGHTS OF THE EPISODE

03:32  Adrian’s introduction

05:06  How Adrian got into real estate in general.

10:11  Folks that are growing, scaling and doing big things all invest in personal development.

12:34  What Adrian did differently after he went to personal development events early on.

17:15  The process of raising money to buy Adrian’s 16 unit property.

20:02  Adrian on being resourceful.

20:22  How Adrian transition to short term rentals.

21:57  What Adrian’s business looks like on the back end.

24:59  The thing that you have to do on starting a short term rental business.

27:05  The sweet spot for short term rentals with having a unit mix.

29:46  Something that made a huge difference in doing Airbnb.

33:35  Implementing a welcome binder.

36:18  A tip to people who want success on Airbnb.

36:58  Why you need to join the Short Term Rental Secrets Facebook group.

37:47  Why Adrian puts Airbnb on the first floor.

39:29  Noise issues from the 2nd floor down to the 1st floor.

43:26  Where can people connect with Adrian Salazar.

44:27  Adrian’s number 1 secret for success in short-term rentals.

NOTABLE QUOTES (KEY LESSONS):

"Until you change yourself, your income level will never outgrow your

level of personal development. You have to work on your mind before

you can scale and grow. There's no way around it." - Michael Sjogren

"Personal development; it's a little weird at first. You got to really

dive in and understand it and practice it because, in the beginning, it's

gonna be a little tough to understand all that." - Adrian Salazar

"The big difference between the average people who are getting started

and the people who are actually doing things is commitment." - Adrian Salazar

"As long as you have that commitment to making a difference in your

life, you can start at any age but you have to actually be obsessed with

making a change." - Emanuele Pani

"You got to fail forward and fail fast because then, that's how you're gonna

learn it quick." - Adrian Salazar

BOOKS MENTIONED:

Rich Dad, Poor Dad - Robert Kiyosaki

Think and Grow Rich - Napoleon Hill

CONNECTING WITH THE GUESTS

Instagram: https://www.instagram.com/adriannsalazar_/