MI294: Making Airbnbs Simple, Passive, and Profitable w/ Sief Khafagi
发布时间 2023-09-25 09:00:00 来源
摘要
Patrick Donley (@JPatrickDonley) sits down with Sief Khafagi to learn all about how his company, Techvestor, makes investing in Airbnbs simple, passive, and profitable. You’ll learn about his early career at Facebook, how he’s gone about building a vertically integrated short term rental company, what gives Techvestor their competitive advantage, and what trends Sief is anticipating in the STR market.
Sief is an ex techie turned real estate investor who has helped thousands diversify into real estate after spending nearly 5 years at Facebook. He’s syndicated acquisitions totaling more than $100M while designing & developing more than 125+ properties. Today, he’s the founder of Techvestor, which helps real estate investors and busy professionals passively invest in the emerging asset class of short term rentals (aka Airbnbs).
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
02:34 - How Sief was working at Facebook and developed an interest in real estate.
03:32 - How working remotely all over the world connected him to the Airbnb world.
03:54 - Why he choose against pursuing a long term rental strategy.
04:50 - What his early side hustles as a teenager were.
07:20 - How he built a Facebook team of over 1000 and applied those skills in building Techvestor.
07:31 - How the strategy for Techvestor came about.
09:26 - What the biggest challenges were in building Techvestor.
11:02 - What gave him the courage to start a new venture.
16:46 - How he found great people to join the team at Techvestor.
19:25 - How Techvestor makes investing in Airbnbs simple, passive, and profitable.
20:23 - How they use data analytics to find the best properties to add to their portfolio.
22:39 - Why they were forced to vertically integrate.
24:42 - How to amenitize Airbnb properties.
25:21 - How they get development-like returns without taking on development-like risks.
32:16 - Why having fixed rate debt is an advantage for them.
33:49 - What Techvestor’s exit strategy looks like.
37:35 - What are the trends Sief is seeing in the Airbnb space.
41:34 - What are some of the reasons they generate higher returns.
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
BOOKS AND RESOURCES
Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
The Everything Guide to House Hacking by Robert Leonard.
Related episode: Listen to REI175: An Insider’s Guide to Airbnb w/ Taylor Jones or watch the video.
Related episode: Listen to MI288: Experiencing Unique Stays w/ Ben Wolff or watch the video.
Compounding Podcast w/ Richard Fertig.
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Connect with Patrick: @JPatrickDonley
Connect with Sief: Website | LinkedIn | Instagram
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