Have feedback or a topic you want to hear about, let us know by sending us a direct message!

Welcome to another episode as we explore the concept of delegation, outsourcing, and insights from the book “Buy Back Your Time” by Dan Martell. Discover how we can be both the problem and the solution in our businesses, often becoming the bottleneck that hinders growth and success. ⚡️

In this episode, we unveil the transformative power of delegation and share insights on outsourcing tasks that drain our energy. Learn why making earning back your time your ultimate goal when hiring can revolutionize your business and break free from being the bottleneck. 💪

Experience the exhilaration and challenges of bringing a property to life on your own while living in a construction zone. We'll take you through the chaos, uncertainty, and ultimate satisfaction of seeing your vision come to fruition. 🏗️🏡

Embrace the significance of routines in your entrepreneurial life. Discover how structured habits and rituals can skyrocket your productivity and well-being, setting you on a path towards success. 📈💼

Join us as we discuss choosing stress over being poor and the mindset shift required for entrepreneurial success. We're making it up as we go, striving to help you along the way. Don't miss this valuable episode that promises to empower you on your journey. Keep hustling, and tune in now for more insights. 🎙️🔥

TIMESTAMPS:
01:04 - Airbnb horror story
06:39 - Reflecting on how we are our own bottlenecks
08:56 - Delegate what drains you of energy
14:04 - Hiring out to earn back time
20:09 - Buy Back Your Time by Dan Martell and your hourly rate for hiring things out
22:47 - Outsourcing your business vs selling it
25:17 - A third party who cares but isn't emotionally invested in the property
28:32 - Being the bottleneck and bringing a property to life by yourself
36:15 - Life in a construction zone
39:40 - Having a routine and success
41:27 - Being nomadic vs settling
46:43 - Choosing stress over being poor
51:10 - Closing

Quotes:
"The first things that you should be delegating are the things that drain you of the most energy and make you the least amount of money"

“You never put the amount of effort that you probably should into the thing that you don't love doing.”

Connect with the KarWells
Website: https://thekarwells.space/stay-with-us-2
YouTube: https://www.youtube.com/@thekarwells/about
Instagram: https://www.instagram.com/thekarwells/
TikTok: https://www.tiktok.com/@thekarwells

Hosted by Emily Karnaz & Sarah Glidewell // The KarWells

You can view the video & audio version on our Youtube Channel

Thanks for listening!

Have feedback or a topic you want to hear about, let us know by sending us a direct message!

Welcome to another exciting episode! Today, we have a special guest, David Ross, who owns seven properties, with many located in California. He's also working on a property in Mexico! 🎉🏡

We're particularly intrigued by David's Airbnb strategy, so we asked him to share his insights on all things Airbnb. 💡🏨

In this episode, he'll take us through his real estate journey, including his experience with buying distressed properties that already have tenants. We'll also delve into some intriguing topics, such as David's efforts in rewriting Airbnb regulations. He'll share why short-term rentals have become an ideal industry for couples and share his favorite business practices that he likes to replicate. 

Additionally, he'll give us a sneak peek into one of his Mexico properties, showcasing the allure of international living and the potential of short-term rentals as both an investment and lifestyle choice. 👫🏡🌎💰

Tune in to this episode as we learn from David Ross about his successful Airbnb strategies, his unique approach to real estate, and the exciting world of short-term rentals. Get ready for valuable insights and inspiring stories that will help you navigate your own real estate journey! 🎧📚🔥

TIMESTAMPS:
00:59 - Guest Introduction
01:01 - Airbnb horror story 
04:05 - Giving tenant owners their notice to move out
06:51 - Before short term rentals and ending up in real estate
11:34 - Rewriting Airbnb regulations
15:34 - Source of income outside the properties that refunds them
20:28 - It's a couple's industry if you can get into it as a couple
24:45 - Area of projects for rinsing and repeating
29:15 - Mexico for exploring living internationally and buying real estate
33:13 - Renovation cost and timeline for the property in Mexico
35:57 - Looking for properties that has the ADU
37:26 - Running properties multiple ways
40:50 - The defining factor to refinance
43:43 - An investment and a lifestyle play
46:05 - Closing

Quotes:

"It does seem like moving mountains, but I didn't really know that you could email these people, call 'em. You can actually just talk to them and say Hey, this is what I'm trying to do. I'm not from the Bay Area trying to bring in all this money and ruin our town or whatever."

Connect with the KarWells
Website: https://thekarwells.space/stay-with-us-2
YouTube: https://www.youtube.com/@thekarwells/about
Instagram: https://www.instagram.com/thekarwells/
TikTok: https://www.tiktok.com/@thekarwells

Connect with the Guest
Instagram: https://www.instagram.com/davidneilross/?hl=en
https://www.instagram.com/casadelaross/?hl=en
https://www.instagram.com/theharperinn/

Hosted by Emily Karnaz & Sarah Glidewell // The KarWells

You can view the video & audio version on our Youtube Channel

Thanks for listening!

Have feedback or a topic you want to hear about, let us know by sending us a direct message!

Join us as we venture into the depths of our vibrant Discord community, The Space. Whether you're a member or a curious listener, get ready as we address burning questions and shed light on intriguing discussions.

In this episode, we'll explore turning 29 and the experiences that come with this milestone. We'll also provide practical tips for maintaining a safe and stylish space, including handling safety hazards and full-length mirrors. Plus, we'll share clever strategies for managing garbage on pickup day, keeping your property clean and organized.

Unlock the treasure trove of wisdom as we elevate your rental property with our top recommendations. Discover essential cookware to kick-start your rental kitchen, insights on choosing the right washer, dryer, and dishware, and the best appliances and technology from Best Buy. We'll also provide insights into necessary paperwork for your cleaners and handymen.

Don't miss this game-changing episode where we bring you closer to the heart of our community. Gain inspiration, answer questions, and foster knowledge sharing. Prepare to take your hosting game to new heights! Tune in now and be part of the conversation shaping hospitality and property management.  🎙️🔥

TIMESTAMPS:

00:59 - First Question: turning 29

03:29 - Full length mirror in the primary and safety hazards

06:33 - Handling garbage on garbage pickup day

11:02 - Cookware recommendations when initially outfitting a rental

14:47 - Washer and dryer recommendations

16:35 - Appliances and technology from Best Buy

18:50 - Dishware recommendations

22:05 - Paperwork for cleaners and handymen

25:53 - Closing

“If I'm paying a pretty price for a property, I wanna be able to look at my outfit in the morning.”

“I definitely don't recommend something for a short term rental that can't be put in the microwave because it's gonna get put in the microwave like a hundred percent.”

Connect with the KarWells

Website: https://thekarwells.space/stay-with-us-2

YouTube: https://www.youtube.com/@thekarwells/about

Instagram: https://www.instagram.com/thekarwells/

TikTok: https://www.tiktok.com/@thekarwells

Hosted by Emily Karnaz & Sarah Glidewell // The KarWells

You can view the video & audio version on our Youtube Channel

Thanks for listening!

Have feedback or a topic you want to hear about, let us know by sending us a direct message!

Discover the incredible story behind our latest podcast episode! Join us as we embark on a thrilling adventure through the world of entrepreneurial ventures and creative endeavors. In this captivating episode, our dynamic duo shares our respective personal journey, unveiling the trials, triumphs, and everything in between that shaped our business ventures.

Tune in as we delve into the mesmerizing tale of starting one venture, which ultimately led to another. We recount the challenges we faced along the way, sharing our respective nightmare business stories that will leave you on the edge of your seat. Brace yourself as we reveal how we have overcome those obstacles with unwavering determination and resilience.

Throughout the episode, we both visit the core of our entrepreneurial spirit, discussing the importance of business ethics and values. We open up about how we internalized and acted upon these principles, transforming our initial setbacks into opportunities for growth and success. So, prepare to be inspired as we reflect on our unique blend of short-term rentals and creativity. We share our profound appreciation for the journey, highlighting the joy and fulfillment we found in combining our passion for hospitality with our artistic flair.

Get ready to be captivated by our infectious enthusiasm and gain invaluable insights that will empower you on your own entrepreneurial path. Don't miss out — this episode is a game-changer! 🎙️🔥

TIMESTAMPS:

01:38 - Horror Story: Regulation Changes

06:06 - Nightmare Scenario: Unavailability

10:26 - How’s Entrepreneurship Going to Look Like Long-Term?

16:13 - Building a Tiny Side Hustle or a Business Never Necessarily Is a Bad Thing

22:02 - Every Business That You Look Into Has a Different Barrier of Entry

26:21 - Entrepreneurial Journey

32:00 - Building a Sense of Foundation

38:02 - You either Are or You Aren’t an Entrepreneur

40:32 - Always Leading With Value

41:50 - Closing

Quotes:

“You either are or you aren’t an entrepreneur.”

“How do I add value to other people that could possibly add value to me? That is where the magic is.”

Connect with the KarWells

Website: https://thekarwells.space/stay-with-us-2

YouTube: https://www.youtube.com/@thekarwells/about

Instagram: https://www.instagram.com/thekarwells/

TikTok: https://www.tiktok.com/@thekarwells

Hosted by Emily Karnaz & Sarah Glidewell // The KarWells

You can view the video & audio version on our Youtube Channel

Thanks for listening!

Have feedback or a topic you want to hear about, let us know by sending us a direct message!

Don't miss this incredible episode! Join us as we embark on a fascinating journey into the world of wedding venues and Airbnb transformations. Get ready to dive deep into the expertise of Helen, a seasoned entrepreneur who has successfully merged the realms of wedding occasions and short-term rentals in picturesque upstate New York.

In this captivating conversation, Helen unravels the intricacies of managing wedding venues and explores innovative ways to redirect these special events towards Airbnb experiences. She generously shares her valuable insights on creating a warm and inviting atmosphere for guests, as well as the art of carefully orchestrating schedules to ensure seamless wedding celebrations.

With her extensive experience, Helen reveals the secrets to handling unexpected challenges that may arise during these significant moments. From managing unforeseen circumstances to preserving the overall essence of the wedding event, she offers indispensable wisdom that listeners can apply to their own ventures.

Tune in now to join us on this enlightening episode filled with valuable tips, tricks, and firsthand experiences! 🎙️🔥

TIMESTAMPS:

00:18 - Guest Introduction & Background: Helen
01:09 - Helen’s Horror Story
07:49 - How Helen Got Into Her Business Model
09:41 - How Helen Prioritizes Her Calendar
12:51 - CRM
16:31 - Wedding Insurance
20:39 - Marketing Perspective
25:34 - Fail Safe
31:36 - Making Spaces Livable
35:44 - Why the Guests Don’t Care About the Numbers
40:11 - Find Your Vendors, Create a Package, Create an Opportunity to Upsell
44:39 - Hosting Weddings at AirBnBs
48:19 - Closing

Quotes:

“If a child doesn’t feel like you care about them, they are not going to care about you.”

Connect with the KarWells
Website: https://thekarwells.space/stay-with-us-2
YouTube: https://www.youtube.com/@thekarwells/about
Instagram: https://www.instagram.com/thekarwells/
TikTok: https://www.tiktok.com/@thekarwells

Connect with the guest
Website: brookledgeny.com
Instagram: https://www.instagram.com/brookledgeny/
Facebook: https://www.facebook.com/brookledgeny
Podcast: https://podcasts.apple.com/us/podcast/episode-2-bridging-celebrations-and-stays-with-ruby/id1688296899?i=1000615076820

Hosted by Emily Karnaz & Sarah Glidewell // The KarWells

You can view the video & audio version on our Youtube Channel

Thanks for listening!

Have feedback or a topic you want to hear about, let us know by sending us a direct message!

Don't miss out on this episode! Join us as we dive into the exciting world of Airbnb interior design and investment. We've got so much to share about our lives, the chaos, and the thrill that surrounds us everyday.

In this captivating episode, Ryan Bakke, a CPA and seasoned real estate investor, takes listeners on a journey to discover the secrets of building wealth through strategic tax planning. With his expertise in economic behavior, Ryan delves into various topics such as insurance costs, understanding your market, and the importance of meticulous calculation of business expenses, including invaluable data and thorough market research.

How to vet a good Real Estate CPA: 
1. Do you deal with STRs often and in what markets? - they should be able to rattle off different type of markets their clients are invested in. I know I can name every market in the country.

2. Are they familiar with the business exception to a rental definition under Section 469?

3. Are they familiar with this particular memorandum [https://www.irs.gov/pub/irs-wd/202151005.pdf] [https://www.irs.gov/pub/irs-wd/202151005.pdf?fbclid=IwAR1kUQrkBH-9Oxr8esioSBrIxiz6r-t74RnEYfxLIgQ32FuBblLBwabcfLw] and how the material participation tests apply to STRs

4. Have they completed tax returns that have cost segregation studies before?

5. Are they away of all the nuances and strategies to save money on taxes other than the ones listed above.

He emphasizes the significance of providing value to others, even if it means offering free services without expecting immediate returns. The episode further explores the intricacies of taxes, legal considerations, and the power of personal branding. Ryan unveils the key strategies to becoming the "person of interest" in your industry, empowering listeners with the knowledge and inspiration to take control of their financial future.

00:18 - Guest Introduction & Background: Ryan Bakke

01:10 - Ryan’s Horror Story

04:58 - Questions Around Taxes or STRs

09:02 - Access Passive Losses

11:41 - Luxury STR Flips

12:41 - Opinion on Bonus Appreciation History Swaying Back and Forth

16:21 - Market Research

17:41 - How to Scale Portfolio as a CPA and Real Estate Investor

18:52 - Book: The Genius Zone - No Incremental Cost to You

24:38 - Three Steps to Successfully Brand Yourself

28:14 - What Should STRs Look For in a CPA

32:09 - How Important Is Taking That Recommendation of Who to Use on the Legal Side From Your CPA?

35:40 - Closing

Connect with the guest

Website | LinkedIn | Instagram 

Hosted by Emily Karnaz & Sarah Glidewell // The KarWells

You can view the video & audio version on our Youtube Channel

Thanks for listening!

Have feedback or a topic you want to hear about, let us know by sending us a direct message!

You cannot miss this episode! Today's episode is all about us and we are going to be catching you guys up on everything that's going on in our lives. As you know, we are Airbnb interior designers and investors. There is no shortage of chaos and excitement around us right now, and we love bringing you all with us.

Join us as we talk about Emily's big career moves, what's happening with our mentorship program, the properties we're working on right now, other stuff we're fired up about, and all the lessons we've learned along the way! Don't miss out on all the fun, tune in to our episode now!

TIMESTAMPS:
00:33 - Today's episode Emily and Sarah
01:05 - Emily's big moves
05:06 - Advantage in hiring separate people to do the work
12:41 - Forced to hire out
17:36 - Big Rapids property and fires going on
28:34 - Tax rate for not living in your property
31:30 - Mortgage on non primary residence properties
35:52 - A huge mental adjustment being into entrepreneurship and real estate
37:56 - Mentorship
44:59 - A third person to sell for you when you're the service
49:59 - Still learning new things about real estate
51:47 - Wrap up
55:40 - Outro

Quotes
“I like the idea of doing it myself because then I learn and then next time I can be like, oh yeah, I actually know how to do that. Because going forward, ideally going forward, I will hire everything out. But like sometimes that's just not gonna be the case. So I need to know how to do a lot of stuff.”

“At some point it becomes forced, like you are so far away from your property that you have to hire it out. You don't have a choice.”

Connect with the KarWells
Website | Youtube | Instagram | TikTok

Hosted by Emily Karnaz & Sarah Glidewell // The KarWells

You can view the video & audio version on our Youtube Channel

Thanks for listening!

Have feedback or a topic you want to hear about, let us know by sending us a direct message!

Welcome to another episode! Our guest for today is Ethan Glidewell. Ethan also happens to be a special guest because he is married to our host Sarah. He has been in the insurance industry since 2016. He focuses on the various facets of insurance that revolve around digital media and technology; whether that’s staying up to date on the latest products or helping clients access their online benefits. Prior to co-founding Patriot Retirement Group, he managed an insurance brokerage out of Dallas, TX. While there, he was able to guide hundreds of clients into the correct insurance programs. Ethan continues to enjoy helping clients find the best insurance products to protect them and their hard-earned estate. Staying ahead of the frequent changes in the insurance world is Ethan’s sixth sense.

In this episode Ethan talks about his Journey from the world of Insurance to real estate, the sacrifices he made for this transition, and using real estate to make your ideal life possible. Tune in now to learn about this amazing journey!

TIMESTAMPS:
00:52 - Guest Introduction: Ethan Glidewell
01:14 - Airbnb horror story
06:46 - How they got started in real estate
13:53 - Insurance to full time real estate: The turning point for Ethan
21:04 - Sacrifices made to get the real estate wheel spinning faster
29:59 - How real estate will make your ideal life possible
41:31 - Most exciting past, current, or future project
51:59 - Wrap up
54:41 - Outro

Quotes
“Not all wealthy people are bad, just like not all poor people are good it it's a case by case scenario”

“We're not satisfied yet. And  it's not, we're not satisfied because of money. I just think we're not satisfied because we   see the ultimate goal, the bigger picture, which is to create some of the most beautiful spaces for people to enjoy with their friends and family.”

Connect with the KarWells
Website | Youtube | Instagram | TikTok

Connect with the guest
Website | Linkedin | Youtube | Instagram

Hosted by Emily Karnaz & Sarah Glidewell // The KarWells

You can view the video & audio version on our Youtube Channel

Thanks for listening!

Have feedback or a topic you want to hear about, let us know by sending us a direct message!

Hi all!  Welcome back to another episode of Catch up with The KarWells.  In today's episode we caught up with Heather & Erin from Pink Wall Designs out of Toronto, Canada!  These ladies are interior designers that work with all kinds of clients but have great advice on short term rental specific design!  These two ladies are both designers as well as investors so they have an extremely well rounded view on how to get successful properties up and running!

Check out Pink Wall Designs on:
Instagram
Tiktok

Hosted by Emily Karnaz & Sarah Glidewell // The KarWells

You can view the video & audio version on our Youtube Channel

Thanks for listening!

Have feedback or a topic you want to hear about, let us know by sending us a direct message!

Welcome back!  Today's episode is a much more personal episode for us & in all honestly doesn't relate to real estate at all.  But what it does relate to is our biggest WHY behind prioritizing building a life that gives us free time.  Some of you may know that we lost one of our best friends, Nicole, on Christmas Day this past year to cancer.  She battled Leukemia & Lymphoma for 16 months before she lost her fight, and losing her has left a big hole in our lives.  But we want to use our grief to create change.  Our goal behind this fundraiser is to take Nicole's experience & story to spread awareness behind the disease and be able to help to create a world without cancer.  Unfortunately there are so many people in the world that have gone through this before & will continue to go through it and we hope that through this fundraiser we can help to reduce the number of people who are experiencing the pain that we are feeling right now because of this incredible loss.  I hope that you are able to gain perspective of Nicole & who she was as a person through listening to our stories, but below you will find a letter written by Jeanne that describes Nicole's story so well. 

Donate

If you are a business that is looking for a sponsorship opportunity, please reach out to us by email at [email protected]

 Nicole's Story

Hosted by Emily Karnaz & Sarah Glidewell // The KarWells

You can view the video & audio version on our Youtube Channel

Thanks for listening!