#37 - Empowering Insights and Strategies On Short-Term Rentals with Alex Jarbo

Passive Income Pilots

Sep 19 2023 • 32 mins

On this episode of Passive Income Pilots, Tait and Ryan interview Alex Jarbo.

Alex Jarbo is the founder and CEO of Open Atlas Investments. He is a visionary entrepreneur who is revolutionizing the vacation rental and hospitality industry, focusing on custom, unique micro-resort developments. Alex has an impressive portfolio of over $10 million in distinctive short-term rentals.

Alex shares valuable insights and tips on maximizing the potential of short-term rentals. He discusses the thriving market of short-term rentals and the benefits, tax advantages, and underwriting strategies for vacation rentals. He touches on regulations, themed properties, distribution channels, software, and the importance of reliable cleaning and security measures.

Enjoy the show!

Show notes:
[0:00] Intro
[2:58] A brief background on Alex
[7:30] What drew Alex to short-term rental investments
[10:12] The differences between short-term rentals, midterm rentals, and vacation rentals
[11:55] Regulations on vacation rentals in different locations
[15:52] Vacation rental laws and hotel permits
[18:49] Airbnb as a distribution channel and marketing strategy
[20:09] Property management software and service fees explanation
[22:11] Finding cleaners
[24:00] Furnishings and themed rentals
[26:44] Managing guest bookings and parties
[28:51] Handling schedule changes with the cleaning company
[30:01] Syndicating short-term rental properties
[31:21] Where to learn more about Alex
[32:45] Outro

Links mentioned:
#10 - Reduce Your Taxes & Maximize Returns Using PROVEN Investment Strategies with Toby Mathis - https://podcasts.apple.com/us/podcast/10-reduce-your-taxes-maximize-returns-using-proven/id1675913577?i=1000609498241
#14 - Depreciation Demystified: Cost Segregation and Tax Savings in Real Estate with Toby Mathis - https://podcasts.apple.com/us/podcast/14-depreciation-demystified-cost-segregation-and-tax/id1675913577?i=1000611466826

Connect with Alex:
Website: https://openatlas.investments/
LinkedIn:


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The content of this podcast is provided solely for educational and informational purposes. The views and opinions expressed are those of the hosts, Tait Duryea and Ryan Gibson, and do not reflect those of any organization they are associated with, including Turbine Capital or Spartan Investment Group.

The opinions of our guests are their own and should not be construed as financial advice. This podcast does not offer tax, legal, or investment advice. Listeners are advised to consult with their own legal or financial counsel and to conduct their own due diligence before making any financial decisions.

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