Summary
In this episode, Robert Johnson interviews Bobby Souza about his experience in the short-term rental (STR) industry. Bobby shares his background in the tech space and how he applies his analytics skills to real estate. He discusses starting a co-hosting company and the challenges of acquiring properties for short-term rentals. Bobby also talks about the importance of having processes and building a strong team. He explains why he is bullish on luxury STRs despite market challenges.
Overall, Bobby provides valuable insights into the STR industry and offers advice for success in this space. In this conversation, Bobby shares insights and strategies for success in the short-term rental industry. He emphasizes the importance of focusing on the luxury space and knowing your market. Bobby also highlights the need to be conservative in underwriting and to create unique experiences for guests. He discusses the importance of taking care of your team and maintaining a boutique approach while scaling. Bobby shares his goals for the future and the challenges of balancing work and family. He also discusses his transition to a real estate fund and the opportunities in the boutique hotel space.
Takeaways
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