020 – Yin Lin of Sage Vacations – Vacation Rentals As a Group Experience

Yin Lin

Short-term vacation rentals for groups…

Yin LinYin Lin, Founder/COE of Sage Vacations (a private real estate company with 10 vacation properties across the country, and partnering with institutions and investors to acquire, develop, and commercialize its property investments) and Founder of SheWorx (global collective of ambitious high-growth female entrepreneurs redefining leadership) joins Thomas Kutzman and Scott Pollack in the MouthMedia Network studios powered by Sennheiser. Presented by Prevu.

In this episode:

  • Lin discusses acquiring and commercializing residential property, undervalued property valuesYin Lin
  • Distributing them on short term rental sites
  • Developing a short term rental portfolio.
  • There is a demand for large spaces for groups who cannot get same experience in standard hotel rooms
  • Looking at lesser known cities with high regional tourism, emerging cities
  • The experience of a space needs to be great, and the people feel the sense of community
  • Creating great experiences, and getting buy-in from the community for creating a network
  • Creating more bespoke developments which cater to the needs of the audienceYin Lin
  • How short term rentals have changed the vacation model, and the future of it depends largely on regulation
  • Why professionalism of short-term rentals reduces risk all around
  • How Lin got into the business
  • Part of Lin’s inspiration in building her business and portfolio is wanting to help women build wealth through real estate
  • What marathons have meant to Lin in understanding herself and her potential
  • Running in 5 continents so far, and what about Ironman competitions

019 – Isabel Berney and Truth Oladapo of Vacayo – Why Landlords are Falling in Love with Vacation Rentals

Vacayo

Leasing long-term rentals and converting them into outstanding vacation homes which provide landlords higher income and eliminate vacancy risk with Vacayo…

VacayoIsabel Berney (COO/Co-Founder) and Truth Oladapo (CEO/Co-Founder) of Vacayo join Thomas Kutzman and Scott Pollack in the MouthMedia Network studios powered by Sennheiser. Presented by Prevu.

In this episode:

  • Helping people earn passive income and have upward mobility via real estate, and how landlords can short term rental their home
  • Absorbing the risk for the landlord, making possible to monetize asset right away, guaranteeing a certain rent and lease, furnish and manage the rental
  • Eliminating the need to be a landlord
  • Most people don’t want to be a landlord, it is just a path to passive income
  • Vacayo eliminates the need to be a landlord, by Vacayo being the tenant and the manager
  • How Berney and Olapdapo didn’t realize this was a business that could be scaled until they were well into it, how it grew organically into an arbitrage model that was thought out, but the service aspect grew also organically, and how the model was suggested by a landlord when Olapado was hacking wires in a buildingVacayo
  • Guaranteeing an income stream for the property that is generally higher than the market
  • How Vacayo can furnish a space within 48 hours
  • Being able to expand completely remotely, giving the supers the playbook, and how they can roll out and expand quickly into new markets
  • Why data assists with determining the true value of a home including rental potential
  • Startups are demanding and time consuming, ideal calling for a parent, complete flexibility over time, doing something you love that can be lucrative
  • And–managing rentals on Mars?