Short Term Rental Secrets Podcast

Mike and E warmly welcome Sarah and Annette to an engaging conversation, where they share their journey from diverse backgrounds into the world of real estate and podcasting. They discuss the importance of community involvement, the evolution of their business, and the dynamics of their partnership. The conversation highlights their strategies for hiring, the significance of mentorship, and how they attract top talent while fostering a supportive work environment. Their insights provide valuable lessons for aspiring entrepreneurs in the real estate and podcasting industries. In this engaging conversation, the speakers delve into the multifaceted aspects of real estate and short-term rentals, emphasizing the importance of understanding personal values, lifestyle design, and the significance of authenticity in branding. They discuss the necessity of knowing one's numbers for financial empowerment and the value of vulnerability in personal and professional growth. The conversation also highlights the mission of 'Thanks for Visiting' in uplifting the hosting community and the critical role of property inspectors in ensuring guest satisfaction and operational success.

05:18 - Guests Sarah and Annette join.

06:00 - Guests introduce their business.

08:37 - How they entered short-term rentals.

17:12 - Tips on choosing a business partner.

20:29 - Adapting communication styles in leadership.

30:41 - Balancing career and personal life.

34:50 - Building a personal brand.

43:43 - Using a “legacy scorecard” for tracking.

48:31 - Overview of “Thanks for Visiting.”

51:34 - Top tip for rental success.

Sarah and Annette's Bio

As short-term rental owners and operators for 10 years and counting, Sarah and Annette founded the Thanks For Visiting podcast and their online educational platform to bring their diverse knowledge to hosts ready to grow their businesses.

Sarah and Annette met at a Columbus, Ohio City Council Meeting fighting for their right to host homes on a short-term rental basis. The two shared a belief that the short-term rental industry needs hosts to be more hospitable. Every resource they’d come across in growing their own businesses was purely profit-driven, and “heads in beds” just wasn’t their style.

Connect with Sarah and Annette

https://www.instagram.com/thanksforvisiting_

Connect with the Hosts

Mike and E sit down with Isaac Oswalt, a key member of the seven-figure boardroom, to uncover the nuances of real estate development. They explore Isaac's Spillway Lodges project, a 36-key resort in Bel Air, Michigan, and differentiate between real estate developers and builders. Isaac provides practical guidance on starting in real estate development, highlights the importance of clear vision, financial planning, and strategic relationship-building, and underscores the significance of community engagement. The discussion covers the financial dynamics of development, early-stage steps like due diligence and feasibility studies, and strategies for influencer marketing and SEO to boost business growth. Listeners will gain invaluable insights into creating impactful community projects and building long-term wealth in real estate development.

00:00 Introduction

00:29 Meet Isaac Oswalt

01:31 Isaac's Real Estate Journey

02:14 The Spillway Lodges Project

08:24 Development vs. Building

11:34 The Role of a Developer

13:51 Key Relationships in Development

18:36 Navigating Local Government for Development

20:03 Is Money a Barrier to Entry in Development?

21:03 Steps to Secure and Develop Land

22:23 The Importance of Patience and Capital in Development

26:03 Balancing Active and Passive Income

29:08 Introducing Spillway Lodges

32:35 Marketing Strategies for Hospitality Projects

35:41 Final Thoughts and Success Secrets

Isaac Oswalt's Bio

Isaac Oswalt is a real estate developer of boutique resorts and workforce housing. He created a 36-unit boutique resort in Bellaire, Michigan, called Spillway Lodges. He owns a development, construction, and management firm—1983 Company. Based in West Michigan, they execute their business throughout the state and empower other current and future developers to create long-term assets within their own communities.

Connect with Isaac