September 16, 2025

I Bought This 400 sq ft Condo for $1M… Now It Pays for 2 Homes (STR Reality) | Kareem Sanjaghi

42 minutes

Ever wonder how a beachfront condo in Provincetown could become a gold mine?

In this episode, we sit down with Kareem Sanjaghi—Prideaway Stays’ very first client—to hear how he went from mortgage officer to full-time musician and savvy real estate investor. Kareem shares the story behind his short-term rental success, the importance of location in the Cape Cod market, and the ups and downs of managing property in a seasonal town. We dive into building strong partnerships, navigating challenges, and blending personal passion with smart investing. If you're curious about turning property into profit, this conversation is a must-watch.

Things we discussed in this episode:

Kareem Sanjaghi’s journey from mortgage officer to full-time musician and real estate investor.
The story of Kareem becoming the first client of Pride Away Stays and how that partnership began.
Details about Kareem’s Provincetown beachfront condo, including its location, size, and unique features.
The importance of location and seasonality in maximizing short-term rental revenue in Provincetown.
Overcoming challenges with previous property management and improving guest experience.
Navigating HOA dynamics and the importance of communication with other unit owners.
Handling unexpected issues (e.g., construction, alarms, maintenance) and setting guest expectations.
The financial benefits of real estate ownership, including cash flow and tax advantages.
Kareem’s personal growth, balancing music and real estate, and his transition to pursuing music full-time.
The value of strong partnerships, open communication, and learning from both successes and setbacks in property management.

Get in touch with Kareem:

Instagram - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.instagram.com/thekareemofthecrop/

Facebook - https://www.facebook.com/thekareemofthecrop

Website - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.kareemdrums.com/

#SmartStayShow #realestate #realestateinvestor #realestateagent #RealEstateInvesting #ShortTermRentals #Provincetown #CapeCod #PropertyManagement #Entrepreneurship #VacationRental #MusicianLife #SmartInvesting #PersonalGrowth

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By Airbnb Superhost Jason Muth + Rory Gill

4.9

4040 ratings