Dec 23, 2021

Title: The Secrets of Short Term Rental Space with Michael Sjogren

Michael is the host of the Short Term Rental Secrets Podcast and founder of the Short Term Rental Secrets Mastermind, a training and mastermind program that helps investors launch, automate and scale their short term rental portfolios. Michael and his wife Krysten founded Occupied, LLC, a national short-term rental investment and management company in 2017, as a vehicle to build passive income so they could stop trading away time from family for a paycheck. 

That vision came to fruition within 18 months when their short term rental portfolio replaced their income and Krysten and Michael both left their corporate jobs. They are based out of Boston, MA and currently have a portfolio of 43 short-term rental properties across four states including 2 boutique hotels on Boston’s north shore.

Let’s tune in to his story!

[00:01 - 07:30] Opening Segment

• Let’s welcome my guest for today’s show, Michael Sjogren
• Michael is a Short-term Rental Expert
• Michael shares how he got into the Real Estate space
• Mike’s son was the catalyst to him pushing forward with Real Estate
• Checkout Mike’s podcast: Short Term Rental Secrets Podcast

[07:31 - 24:32] Managing a Short Term Rental Business

• Why this is working for Michael
• Readjusting ways to attract your target market
• Treat your business like a business
• Tips for pitching in this day and age
• It’s all about numbers
• Listing hacks
• Free property management
• Who manages cleaners and maintenance?
• How to start thinking like a business owner

[24:33 - 26:31] Closing Segment 

• Final Words
• Connect with my guest, Michael, in the links below

Tweetable Quotes

“They don’t treat this like a business. If you want to treat it like a hobby, that’s fine. But over the long term, you’re not going to do well.” - Michael Sjogren

"Put yourself in the seat of who you’re talking to.” - Michael Sjogren

"You are a marketer. You have to get people’s attention at the end of the day.” - Michael Sjogren

"I can control my time now. I never had that kind of ability before.” - Michael Sjogren

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Reach out and connect to Michael through email michael@occupiednow.com, and his website, www.STRsecrets.com

You can also connect to Mike by following his Instagram, Clubhouse, and joining his Facebook group https://www.facebook.com/groups/STRentalsecrets

WANT TO LEARN MORE?

Connect with me through LinkedIn

Or send me an email sujata@luxe-cap.com 

Visit my website www.luxe-cap.com or my Youtube channel

Thanks for tuning in!  

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