Ep 53 - How to grow a business by creating systems and partnerships with David Goodfellow

GUESTS BIO

Dave Goodfellow - is in the property business for 10 years. 3 years STR, mixed strategies. He’s owned, he’s rent-to-rent (rental arbitrage), he’s done management. He also has 3 Aparthotels and he currently has 40 units.

HIGHLIGHTS OF THE EPISODE

04:03  Dave’s Intro/Biography.

05:29  What triggered Dave to get into real estate and short-term rental space.

12:49  Their rent-to-rent management model.

13:34  Their service accommodation road map.

17:27  Walkthrough on how they purchased 3 hotels.

20:56  Learning, partnering and getting connections from Clubhouse in just 3 months.

22:45  The main reason why Dave got into AppartHotels.

26:18  Doing the 3 properties on their existing brand or creating separate brands for each.

28:54  Dave’s plan for this year (2021).

31:06  What does Dave's week and day look like?

33:36  Creating the process and systems to scale the business.

36:21  Who they hired when they got the 7 units.
40:04  Doing the training properly.
45:30  The worst thing you can do when you interview people.

46:17  Acknowledgements for Dave Goodfellow.
47:44  Where can people learn more and connect with Dave?
49:15  Dave’s number 1 secret to success with short-term rentals.

Join our Facebook group! www.facebook.com/groups/STRentalsecrets

NOTABLE QUOTES (KEY LESSONS):

"It's very much a systemized and scalable business, and we've built it that way for a reason." - Dave Goodfellow

"A process is really very simple. You start at the beginning and you work on how or what the steps are, to get to the end, and then you build a system or a process around it." - Dave Goodfellow

"The day I get to a place where I'm not learning, is the day I quit." - Dave Goodfellow

"You've got to be consistent. You've got to keep on doing the mundane daily tasks that give you the success at the end of it." - Dave Goodfellow

CONNECTING WITH THE GUESTS

Instagram: https://www.instagram.com/davegoodfellowofficial/?hl=en

Facebook:https://www.facebook.com/dave.ikonic.7/about

LinkedIn: https://www.linkedin.com/in/davejamesgoodfellow/?originalSubdomain=uk

Business:

- Ikonic

- Ikonic training academy

- Ikonic property investments

- CopperHouse Property: https://www.facebook.com/copperhouseproperty/

- We talk property Club (Clubhouse)