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Empowering Women in STRs: Breaking Barriers and Building Empires feat. Stacey St. John
In this episode of the Blue Gems podcast, we dive deep into the world of short-term rentals (STR) with Stacy St. John, a seasoned STR investor and property manager. Stacy shares her journey from starting in the real estate space to now owning 10 properties and managing a total of 26. She emphasizes the importance of understanding one's goals and vision before diving into the STR business. Stacy also highlights the significance of researching and choosing the right market, and the value of establishing strong relationships in the industry. Additionally, she touches upon the challenges and rewards of managing client funds and the importance of transparency in the property management space.
Top takeaways from this episode include:
1) Establish Clear Buying Criteria: Before jumping into the STR market, it's essential to outline your goals and vision for your business. Understand what you want from your rental and how it aligns with your life goals.
2) Research is Key: Once you have a clear vision, research potential markets that fit your criteria. Dive deep into understanding the dynamics of each market and evaluate each deal from an investment standpoint.
3) Transparency in Property Management: In the world of property management, transparency is crucial. Whether it's managing client funds or maintaining quality standards, being open and honest with clients can set you apart in the industry.
Follow Stacey online: https://www.instagram.com/stacey_st.john/
Let's connect!
► Blue Gems Instagram: https://www.instagram.com/bluegemsgroup/
► JB's Instagram: https://www.instagram.com/jbinvested/
► Aidan's Instagram: https://www.instagram.com/aidangroll/
► Blue Gems STR Management: https://bluegemsmgmt.co
► STR Meetup: https://bluegemsgroup.com
Timestamps:
[00:00:00] Intro
[00:01:47] Getting into short-term rentals.
[00:05:29] Ugly properties turned market opportunities.
[00:10:02] How did you do it?
[00:14:43] Concierge service for short-term rentals.
[00:20:23] Handling financial reporting correctly.
[00:24:10] Transparency in property management.
[00:32:39] Short-term rental advice.
[00:34:12] Different acquisition strategies.
[00:38:44] Finding a mentor for success.
*None of this is meant to be specific investment advice, it's for entertainment purposes only.
View all episodes
By Aidan Groll and JB BullockIn this episode of the Blue Gems podcast, we dive deep into the world of short-term rentals (STR) with Stacy St. John, a seasoned STR investor and property manager. Stacy shares her journey from starting in the real estate space to now owning 10 properties and managing a total of 26. She emphasizes the importance of understanding one's goals and vision before diving into the STR business. Stacy also highlights the significance of researching and choosing the right market, and the value of establishing strong relationships in the industry. Additionally, she touches upon the challenges and rewards of managing client funds and the importance of transparency in the property management space.
Top takeaways from this episode include:
1) Establish Clear Buying Criteria: Before jumping into the STR market, it's essential to outline your goals and vision for your business. Understand what you want from your rental and how it aligns with your life goals.
2) Research is Key: Once you have a clear vision, research potential markets that fit your criteria. Dive deep into understanding the dynamics of each market and evaluate each deal from an investment standpoint.
3) Transparency in Property Management: In the world of property management, transparency is crucial. Whether it's managing client funds or maintaining quality standards, being open and honest with clients can set you apart in the industry.
Follow Stacey online: https://www.instagram.com/stacey_st.john/
Let's connect!
► Blue Gems Instagram: https://www.instagram.com/bluegemsgroup/
► JB's Instagram: https://www.instagram.com/jbinvested/
► Aidan's Instagram: https://www.instagram.com/aidangroll/
► Blue Gems STR Management: https://bluegemsmgmt.co
► STR Meetup: https://bluegemsgroup.com
Timestamps:
[00:00:00] Intro
[00:01:47] Getting into short-term rentals.
[00:05:29] Ugly properties turned market opportunities.
[00:10:02] How did you do it?
[00:14:43] Concierge service for short-term rentals.
[00:20:23] Handling financial reporting correctly.
[00:24:10] Transparency in property management.
[00:32:39] Short-term rental advice.
[00:34:12] Different acquisition strategies.
[00:38:44] Finding a mentor for success.
*None of this is meant to be specific investment advice, it's for entertainment purposes only.