I Turned My Property Manager Side Hustle Into A $3 Million Business | Millennial Money
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- Опубликовано: 4 авг 2023
- Jamie Stark Inlow, 32, is the founder and CEO of property management and design company Be Still Getaways. Starting as an Airbnb side hustle in 2019, Jamie was able to quit her full-time job and focus solely on the business three years later. Today, the company is on track to bring in $3 million a year, and manages a portfolio of over 120 rental properties, including six commercial inns and two wedding venues.
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I Turned My Property Manager Side Hustle Into A $3 Million Business | Millennial Money
Every family haves that One Person who breaks tHe family financial struggle. I hope you become that one.
You're right but it obvious a lot of people remain poor due to ignorance
Despite the economic downturn, I'm so happy, l have earned $10,000 profits returns from my $1,500 investment with Mrs Kumar Sherryl.
Here in New Jersey, Sherryl Carrie's out both orientation and mentorship potential wonders of investment.
Is there any means of communicating with her???
SHE'S MOSTLY ACTIVE ON HER TELEGRAM'S WITH THE NAME BELOW
After working for 3 different CEOs, I can confirm she has the right mentality to take care of employees first and will have great success. Where most businesses fail is by putting the client first above all else and forgetting the people who made the company successful. I hope she continues this!
Exactly, I was just watching another YT video where a CEO of a public company said if you just take care of your people as well as your customers, it's going to reflect in the company's success. And the shareholders will follow, no need to try to convince them to invest. Focus on the people and culture first!
Exactly, I get a sense that you had a reputable experience line. I’m 18, haven’t worked at too many places, it’s all been retail and I used to think I had no skills. But it was the perspective I had I did learn a lot I learned customer service skills, how to talk to people, how people will react when mad/frustrated, time management, working with others, working with others who don’t put in a good amount of effort. I agree with you, the first green flag I saw was when she said she paid payroll a lot before ever paying a dime to herself
Yep, or worse yet companies that prioritize their shareholders and stock prices above everything else.
You can’t not treat employees good and be successful.
She needs to teach jeff demon bezos a thibg about how to treat his non amazon workers but amazon working drivers!
The cover image said $3m by 32. Leaving this message here to let viewers know that if you’re 22, 32, 42 or 52 and you don’t have a million dollar business (yet), YOU are not late. You don’t need to feel bad about yourself. You are on time for your life. Don’t compare your journey to anyone else’s.
I’m a millennial and own several boutiques online. It’s fun and I cry sometimes too. But I’m proud to be working my dreams.
Am 58 retiring next year but the thought of retirement gives me weakness. My apologies to everyone who have retired and filing social security during this time after putting in all those years of work just to lose everything to a problem you never imagined to happen. It’s so difficult for people who are retired and have no savings or loved ones to fall back on.
True, It has never been easier to understand how to build your money after retirement than it is right now with the inflation, when you may study and experience a completely variegated market passively by employing a successful portfolio-advisor. The impacts of the U.S. dollar's gain or fall on investments, in my opinion, are complex.
As a woman, mom, and a Virginia native, I am proud of you and your achievements.
I did like your comment. No shade but if you're a mom you're automatically a woman by definition so it was redundant to put both.
@@johnnyBrwn All women are not mothers so I connected with her as a women and a mother for those who can comprehend.
At the very least, I now grasp the concept of leverage. Creating wealth and financial freedom isn't as tough as many people believe. Building wealth and remaining financially stable indefinitely is a lot easier with the appropriate information. Participating in financial programs and products is the only true approach to make a high income and remain affluent indefinitely.
The first step to wealth creation, is figuring out your goals and risk tolerance - either on your own or with the help of a financial advisor. If you can get the facts about savings and investing with a well detailed plan, you should be able to gain financial security over the years and enjoy the benefits of managing your income.
You’re right! Working with a financial advisor who has worked in a solid financial firm for a long time, such as John will actually set you up for success in life. I'm delighted I was able to reach out to "John Desmond Heppolette" earlier this year because while others were grumbling about the downturn in the markets due to the state of the economy, I was busy learning from him and eventually made over seven figures in the first quarter alone, which is why it's always good to join the correct community.
That's great, your financial advisor must be really good, I have seen testimonies of people using the help of financial advisors in making them more financially stable. I just discovered his exceptional resume when I made a Googled search of his names. I consider it a blessing that I discover this comment area!
That is why I work with John Desmond Heppolette, who introduced me to a better Financial community, a verified agency where I learned how money works and how to create it, as well as free books, courses, and daily lectures. You also get to meet new people, which was the best decision I ever made.
Yeah for real, that guy is one asset manager that gives the breakdown of everything on how things are done, joining an effective financial community can be 100% beneficial when joined properly that's all I can say out of experience..
This is literally my dream job!! I wish her nothing but the best!!!
To go from $200k in sales to almost $2M is incredible 👏🏼 I also love hearing the mentality when it comes to her staff/team. I can foresee her business continuing to grow in 2024!
Hi everyone, I'm a business owner. I've been looking for some guidance on how to invest my money wisely and plan for my retirement.
@@caseymuller3480 I'm also a professional. I'm interested in learning more about *Robin Brezik* . What do she do exactly?
@@caseymuller3480 That sounds impressive. How do you know she is Authentic and qualified?
@@caseymuller3480 Thank you for sharing your experience with me. I think I will give check her out and see what she can do.
I have a Roth IRA but I don’t contribute. I should. I just opened a Fidelity brokerage acct now and I want to invest at least one stream of income in it so I can compound
@@caseymuller3480what if every real estate investor went this route? Sounds that good. What would become of the market?
Every family has that one person who will break the family financial struggles, i pray you become successful >>
Invest in one of these!
Real estate
Crypto
Stock
Gold
Talking about crypto. I know I am blessed if not I wouldn't have met someone is as spectacular as Anna S Wilson
She has helped me recovered a lot from the time I have trading with her
Yes I'm a living testimony of Anna S Wilson, her platform has also done a great thing for me
My first investment with Anna was so great. I invested $2,000 and made a profit of $18,680. Her commission is wow.
It was nice to watch and listen to her journey of growth. We are in a similar boat so it was nice to see a different perspective. We are a PM company in FL with a little over 100 doors including single family homes and multifamily units. My husband and I own properties and a commercial property. Having a warehouse would be beneficial for us as well. We too have a lot of furniture, pictures, bikes, and supplies we have to store. It was great seeing someone else grinding in the business we are in. My husband wants to write a book about property management. We all have our fair share of experiences and stories to tell :)
how did you acquire all the properties at the beginning?
my mother went a similar route with her real estate hustle, now she's the vice president of a large commercial real estate company!
This is probably one of my faves so far from this series 💛 wishing her so so much success
Loved this video! I am 28 and business owner and I’ve struggled with isolation and self doubt as well. But finding this video at 222k views and the comment likes are currently at 111, I’m definitely feeling more enlightenment! Thanks for sharing your story and best wishes on your business!
Notice how she manages the properties without going into debt to own them. Very inspiring story especially surrounding real estate
As a Retired combat Marine I want to tell you that as what you are doing is just as important as any warrior on the battlefield. You are waging warfare against these criminals and terrorists on the digital battlefield. You are defending and protecting the most vulnerable of our society against these predators. Keep up the good work MYSTICFLIP on the internet
😂
Very inspirational. Began my real estate journey 6 years ago and its been very good to me so far. Hoping to reach 10k in monthly income some day. At 3k currently
Wow, a $3 million dollar business and she started with no experience. Take note employers. So many candidates are overlooked for jobs because they don't have the perfect resume or experience, and employers are too lazy to train. This woman learned how to do property management by herself. She had a drive to support herself and family and work the way she wanted to. If she applied to become a property manager through a job, she probably wouldn't have gotten it due to lack of experience. This was extremely inspirational for me as I'm really diving into my freelance writing career out of necessity in this terrible job market and also because employers just want candidates who can hit the ground running. They don't care to train or invest in employees anymore. Owning a business is extremely hard, and it's nice to just be a W-2 worker, but it's harder than it's ever been before in this job market. The hiring process is painfully slow and you're competing with tens and sometimes hundreds of candidates for low paying jobs. We have to make our own streams of income because we definitely can't depend on this current job climate.
Last year I was working full time, budgeting groceries, unable to afford date nights, and missing time with my kids. Now I learned how to make money online. Now am a SAHM, homeschooling, and making profits every week.
Everyone needs more than their salary to be financial stable. The best thing to do with your money is to invest it rightly, because money left for saving always end up used with no returns.
Be a goal achiever
Always aim high so that your dream can come to reality! 🌞
Use your job to finance your goals! ✅
You can't be an employee forever! 🙅♀
Consistent efforts in trading/investment will put you in a position where success will find you.
Am looking for something to venture into on a short term basis, I really need to create an alternate source of income, what do you think I should be buying?
Cryptocurrency investment, but you will need a professional guide on that.
Facebook 👇
📌 *Nice video, love how you take your time to educate your viewers. You gave me the mindset to invest my savings now I have made profits over $120k Right now and still making more , I am enjoying a good life with what I made investing. Indeed ‚building a Portfolio income (investing) through a licensed investment adviser is one out of many ways to earn passive income.*
*I got Angela Mae Mcclain recommendations on ABC News in December 2022 and started following her lead and made $23,450 in two week. Lost my job in April 2022 and right now I'm back on top again and I always win with her guidance.*
I strongly agree with you mate. Investment is the key to sustaining our financial longevity, and not just any investment but an investment with guaranteed return.
@anastasiamolly7724😂
@richardtermine2454 how did it go?
I clicked this video because it’s full circle for me. I was thinking of having a property mgt company because my property manager and landlord are not the best.
Thank you so much MYSTICFLIP for my SBA approval. I understand the terms and conditions of the loan disbursal and will make sure that I return the loan amount in the stipulated timeline. As I have already taken insurance for my new Business that I am planning to open in California LA. My business details and owner details have been submitted in the bank and I will be submitting the further details as well as and when the times comes.
I love the name. Very cool story. Wishing her and her team and family only success in the future.
helps you realize that business owners arent greedy, they are hard working enterprising people providing services at a fair price.
the business generated 3 million.. which means as the owner she did. its prolly an llc or scorp....if which earnings are reported on the indy tax return. even if she was a corp.. this lady's biz generated 3 mil.. her net worth.., once u include her home.. is worth more than that...❤
congrats on your achievement
I am happy for you. You did a good job you earned it also.
Please write the book! There is no real information on how to start or do this. I have two properties and I want to expand but I feel stuck and scared on what to do next! We need that book Sis 🙏🏼🤗💕
Wouuu! Congratulations! This is amazing. I love your grit and the way you think! Believing in your goals is important. Congrats!!
I have no issue with people turning Beach houses and remote locations into rentals. I hate when people turn suburban neighborhoods into STR hells. Kudos to her
This message is to recognize your contribution to the team’s grant approval success. Your commitment had been exemplary and your hard working is an inspiration to everyone around you. You’re a professional MYSTICFLIP
This man spends hundreds of thousands of time just to help us. He helps those in need while also helping us. He always puts a smile on our faces and we should appreciate it. Hats off to Him! I love you dude. Crazy I've never payed attention to the MYSTICFLIP on the internet movement when I say ancestral your a gift to our people
love this!
Great ideas make Great people and they make the world Great place to live. congratulations
Cool story ... Brilliant and motivated 👍
Thanks MYSTICFLIP! You put our nonprofit organization in a whole new ballgame. We've been struggling to get capital and you came through getting us a grants. Our organization have extremely excel by now thanks for getting us funded.
This was so cool to watch. Happy her business is thriving.
This was very interesting and I'm extremely impressed with her boldness and maturity. I'm in Real Estate have a few boutique furnished rental properties both in CA and Mexico and was just joking with a family member that I wanted to build a warehouse. It might look like a store but really it was going to be storage for me!! ;) There are a lot of ups and downs in this business. Just got back from a very unglamorous 3 weeks cleaning up after some water damage and lots of maintenance at one of the properties. Sometimes the boss works the hardest, that's for sure, but I still find it very rewarding!
Congrats mama .. your definitely doing it up ..
Love seeing millennials doing business and doing well!
Amazing job!!❤
Inspiring! Appreciate her courage and the care she shows for her team.
I will buy your book!
Good for her, I love stories like this.
Love to see this!
Absolutely great story of Follow your heart and you shall succeed Thanks for sharing God bless
That’s brilliant! Love it! Good job! We are building our Beach Resort from scratch in the Philippines! Opens next year! Hello from Seattle! Let’s go!!!
Great episode, thank you for sharing this story... As a former Property Manager, I can say it is very lucrative... Now remotely and happily consulting in marketing and making YT videos.
Wanna share how lucrative it can get? What properties to target for management? Secrets / tips to its success?. Thanks
inspirational
I didn't become financially independent until I was in my mid 40s, in addition to owning a second house and making money on a monthly basis through passive income, and I've also met some of my goals. I really hope this motivates someone to know that it doesn't matter if you don't have any of these things yet; no matter your age, you can start today. Investing can help you change your future! By participating in the financial market, I took a significant decision.
Beginner traders sometimes make the mistake of trading on their own without the right guidance or knowledge ..one needs a mentor or an expert.
What an amazing journey Anita!
How was it for you?
Sure investing is essential for maintaining your financial stability , investing in sources that are independence in government paycheck is the prudent thing to do , especially given the current global economic crisis. Stock forex and digital currencies are good investments at this time.
Nice one Anita 👍 , can you recommend a specialist?
Understanding the intricacies of investing is crucial. That's why it's important to have a reliable support system, such as a financial consultant, who can guide you, especially when it comes to selecting assets. Personally, I work with Alex martin tarlor, an investment advisor who collaborates with a licensed wealth management firm. I must say that my financial journey has been exceptional under his guidance. Alex is widely recognized for his excellent services, so you may already be familiar with him.
Congrats 🎊🎈🎉
that's true... when you have a business you have to save the money to pay the employees first
I love how she shares the struggles and fears throughout her venture while being able to overcome all obstacles and succeed. Great job!
awesome video!
Great interview! Her business is thriving because of how great of a leader she is
Wow Afton, VA, its an act of God to be able to get internet there. I live in Central Virginia, you are lucky if you can get your hotspot to work.
What an inspiring story! Kudos to CNBC for this great feature. I previously objectively critiqued the site for focusing mostly on content creators but credit should be given when it's due. More stories like this please.
Very good Ideas. Property Managment for Real Estate Funds is a good gig also. If company solely focuses on Real Estate Fund Services for Real Estate Funds
Hard work pays off. Nice.
Goodness gracious!!! What an amazing and motivating story. She is awesome. A heck of a doer, builder and dreamer. The start, the building, the low points, the highs and management of it all. Good episode.
Amazing!
I'm currently managing 15 short term rental houses in Penang, Malaysia. I can see myself like her in future :-)
I’m so proud of her ❤
This is so inspiring. I wish her the best ❤
-_- She some how magically gets 120 rental properties, including six commercial inns and two wedding venues in 3 years with zero financial aid??? LOL so obvious she came from money. You don't scale at this level without some serious financial help from someone.
Yea this CNBC stories are comedy. I watch them then look for the critical thinkers in the comment section lol
100%
Yeah, they love omitting the important details.
Yeah! another puff piece.
agree with you. Most of the time in this series they forget to mention a big injection of cash.
How is the permitting in VA? I have a similar space in Maryland that was once a 2 car garage turned into a unit. Could I airbnb it??
Property management and related activities will only continue to grow. It does not require schooling, just presence and hustle. Therefore if you know where you want to live for a while, it lets you stay local. Highly recommend more people who don't want to go into a technical field to look at this for a lifestyle career.
Great work!!
Excellent video! She’s doing an incredible job managing the emotional challenges stretching to adapt to growth as an entrepreneur in full scaling mode and in her business skills to manage the daily activities and employees. The emotional and mental growth adaptation is what slows so many entrepreneurs down the most… glad to see she’s challenged but moving forward and upward regardless of the adaptation process and not sabotaging herself like so many do. Congrats!!! Excited for you! ❤️🔥
Not going to lie, but we are actually really proud to have an employee like you as part of the team. The job is done so gracefully and neatly. Very well done, dear MYSTICFLIP . First of all. Thank you for making the work environment so friendly and taking your responsibility seriously and completing the work gracefully! You deserve so much.
Jamie, you go girl! I'm impress with Family values, growth & work ethic. One more thing how you value your employees too!
My goodness this lady is very motivating. Well done her🎉
I would LOVE to hear more about how to is works. Does she have a RUclips channel? X
Oh man, so this is one of the $400 cleaning fee(even if you clean the place spotless) people helping to support an AirBNB industry that played a big role in making real estate unaffordable, what a sweet story.
You don't know that. It's a great story of someone with ambition and guts.
@@KevinBurns86 Went to their site, one random house was 'only' a $125 cleaning fee plus about $200 in other fees, but you still had to clean up as well. I'll take a hotel lol. I mean good for her for making money, but the bulk of her money is from those annoying fees that will hopefully help ruin AirBNB and all those investors one day, then maybe Gen Z can actually afford a house to buy.
Yup
@@TheBruceKeller You know, I had not thought that. This makes a lot of sense now. The problems is, supply and demand. People keep renting places that have high fees, because the pictures and reviews look nice. As soon as people get fed up with it, and go back to hotels or rent cheaper air bnbs. Then we may see this company go under. But right now, people are voting with their wallets, and they want what this woman is selling.
@@Marthastewart209. AirBNB bookings are already down 50% in a lot of areas. The trend is already starting.
I’ve been in property management since 1988. I’ve done all facets of property and commercial management. I’ve owned my own management company however, I don’t even know where to start when it comes to short term rentals. I even have extensive experience in designing model homes that were anywhere from 6 to 10,000 ft.². I’ve always been very successful in this industry and I’m very interested in learning and doing something different but, I just don’t know where to start.
Seems like your biggest issue is self doubt and the misguided drive to over plan. You have more than enough experience. Trust yourself and take the leap! Rooting for you, stranger
I would so buy that book!!
Of course you would lol.
Good Job!
I’d buy the book 💯! Loved this one, one of my favorites especially because of her personality: down to earth, focused, so much grit, and giving us transparency about all the peaks, valleys, and everything in between at all angles from pure start up phase to scaling phase. Very motivating to me as a fellow millennial entrepreneur 💪🏽
I wish everyone who’s part of the Be Still family much success and continued prosperity-I’ll definitely be looking their properties up for a vacation stay in the future 🎉
I love it! This is major. I manage my few Airbnbs and had to bring on a co-host, that doubles as my go to maintenance guy and it's alot of work! Congrats on creating such a successful business
Brilliant!:)
Smart girl!!!
Amazing! I will definite love to read your book or watch that reality tv show someday. Your work is inspiring.
Kudos to you & your family & Team!!!! I would read that book!!!!😊
It looks like such fun & hard work. Hospitality and the Service industry is so rewarding. Next time I am in VA, we will have to visit one of your properties, and maybe we will get to meet you! I would love to dive into work like this and build something for myself and my family.
What a smart woman! Great job!
Can't wait to purchase that book.
She’s amazing
The greatness of investing is when you invest in a reliable source of income
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multimillionaires.I pray that anyone who reads this will be successful in life
You are so correct. Save. Invest and spend for necessities and a few small luxuries relatives to total assets ratio🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳🇮🇳
💫💫you guys are right Fx trading is surely a lucrative way to invest whether you want growth, leverage, stable income or something in between💫💫💫💫
Talking abot been successful. I know I am blessed if not I wouldn't have met someone who is as spectacular as Mrs Melissa price MP💢💢💢💢💢
I've seen different people talking about this Mrs Melissa price MP, she must be very amazing for people to talk this good about her.
Her good works and consistent speak of her, I'm also a huge beneficiary of Mrs Melissa price, keep on earning 35k dollars every 5days with her trading platform.
I love this video. Excellent.
Enjoy CNBC. Let's turn more side hustles into some good businesses.
These spams are out of control.
?
Quality content from something we should see more of from everyday ppl making money off real estate.
Why are all these bots talking about Mysticflip?
Absolutely love the luxury project dream business. Great attitude
What an inspiration! Love her business philosophy and outlook
I wonder what are her thoughts are on the future of STR since the industry seems to be drying up as people go back to hotels
STR isn’t drying up… you read too many doomer headlines
What's the thing that she writes on, that's below the iMac? I need that in my life/
Incredible woman and family 👏👏
Do they take 20% of all listings on top of the already existing platform fees from airbnb?
I feel like she said she markets all the properties on her website herself… they have booking software on her website, so I’m not sure if they use airbnb 🤷🏻♀️
awe inspiring..if ever the book is published definitely it