Leveraging Short-Term Rentals with Jonathan Pacilio

Weiss Advice

04/25/24 • 34 min

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Jonathan Pacilio shares his journey from working in the finance industry to becoming a full-time real estate investor. He discusses how he transitioned from long-term rentals to short-term rentals, and how it took just seven high-performing short-term rentals for him to make the transition. He shares how important it is to have a mix of short-term and long-term rental properties in order to make the most money, and how juggling work and family can be a challenge when entering this type of business. He believes that the short-term rental space is undervalued and there is a lot of opportunity available for those who are willing to work hard.

[00:01 - 07:14] Opening Segment

Welcoming Jonathan to the show
What does it take to leave your full-time job?
The difference between a long-term and a short-term rental

[07:14 - 18:05] How to Succeed in Running a Short Term Rental Business

The importance of setting up an automated system in order to run a short-term rental business
Short-term rentals are a growing market, but they remain underutilized
Short-term rentals are a great way to make extra money and provide affordable housing for people in need

[18:04 - 24:32] Difference in Advertising Units and the Short-Term Dojo

Utilizing services such as Rabbu Inc. and STR Insights
Jonathan talks about the Short-Term Dojo
- Bridging discipline in martial arts to entrepreneurship

[24:32 - 34:37] THE FINAL FOUR