Jason Cousineau: The Real Estate Business Most Investors Have Never Heard Of | S3 - Episode 13

Most people have never heard of the business Jason runs, and that is exactly why it works sowell. He takes old, dead buildings, empty offices, dead retail, whatever is sitting there, and turns them into salon suites that he rents out to hairstylists and beauty pros. It cash flows,it scales, and almost nobody is competing for it.   Here is what got me. His tenants are business owners who do not want to give 40 to 60 percent of their money to a salon owner, so they happily pay him for their own space. He buys these buildings around 1.1 million and sells them for over 2 million, and keeps the cash flow the whole way. Then he runs a system on the back end that keeps those tenants for years, so the income does not churn.   I have spent my whole career in short-term rentals and this conversation still made me rethink what a scalable real estate business can look like. If you have ever wanted cash-flowing real estate that is not another Airbnb, this is the model to study.   TIMESTAMPS 0:00 - Who Jason is and the business nobody knows about 3:45 - From a college painting franchise into real estate 7:16 - What salon suites actually are 8:15 - How he stumbled into the model 10:15 - Why marketing makes or breaks any business model 12:35 - Why beauty pros pay for their own suite 16:22 - How this is arbitrage for commercial buildings 18:24 - Why it scales faster than buying rentals 19:16 - How he raises capital for each deal 20:39 - Buy for $1.1M, sell for $2.1M: the spread 31:19 - The first 100 days system that keeps tenants for years 40:29 - The exact market he looks for 42:28 - How he uses local partners as boots on the ground 1:00:11 - Where to find Jason   CONNECT WITH JASON Instagram: @jasoncousineau   The Big Break Show with Rafa Loza every Thursday. Real operators. Real numbers. No fluff.   Instagram: @itsrafaloza | STR specialist. Wondering how and where to start your STR journey?   Join the community: https://www.skool.com/the-airbnb-blueprint-rafaloza/about   New episodes every week! subscribe so you don't miss them.