How Hospitality Affects your Short-Term Rentals with Blake Carter
Blake Carter is the co-founder of CRIBS Consulting, specializing in creative methods that allow real estate investors to cash flow in expensive markets. He made his way into real estate investing after high school and today, he is focused on creating cash flow through short-term rentals and helping other investors do the same.
Listen to this episode to learn more about Blake, what CRIBS is all about, and how his short-term rentals are doing in today’s market!
Quotables
“It’s really understanding that there is an actual business aspect to it aside from the real estate.”
“Understanding and learning about the business of hospitality and the business of short-term rentals before you jump right into it is really, really important.”
“If someone’s considering a management company, finding someone who is local but has a really good footprint on the area is important.”
“You’ll find your biggest return will be if you can focus all your time, energy, and money on one business and one goal, and then you can expand from there.”
“It’s important to hold them accountable and there are ways to hold them accountable, but you want to treat them well because they’re the ones that are really running your business.”
Links
Website: RCN Capital https://www.rcncapital.com/podcast
Website: REI INK https://rei-ink.com/
Website: CRIBS Consulting https://www.cribsconsulting.com/
Email: Blake Carter blakedoesrealestate@gmail.com
