In this episode of The Hospitality Edge podcast, we sit down with Tim Hubbard, the founder of Midtown Stays and host of Short Term Rental Riches. Tim shares his insightful journey from starting in real estate to achieving financial freedom through short-term rentals (STR). 

We delve into the nuances of financing STR investments, exploring both residential and commercial loan options. Tim explains the challenges he faced and the strategies he used to overcome them, including leveraging local banks and implementing creative financing solutions like seller financing.

Listeners will learn about the importance of meticulous underwriting, how to build and manage a remote team, and the significance of effective systems and standard operating procedures. Tim also shares his experiences in navigating regulations and the permitting process, especially in international markets like Colombia, where he is currently developing a 15-unit STR property.

Join us for an episode filled with practical advice and actionable tips on securing financing for your STR investments and scaling your real estate portfolio successfully.