Timeshares: How to Grow 400 Units

GUEST'S BIO
Myka Artis is a short term rental investor utilizing the rental arbitrage strategy and BRRRR to acquire his STRs. He owns 3 STRs and arbitrages over 400+ properties.
HIGHLIGHTS OF THE EPISODE
00:00 Podcast introduction
02:34 Join our growing STR Secrets Facebook community - / strentalsecrets
03:05 Myka Artis introduction and background
04:04 How Myka got into the STR industry
05:16 Myka's first condo in North Arlington
05:45 Myka shares his experience with his parent's timeshare
06:36 Myka's first house on Airbnb
07:00 Myka's first partnership deal
08:31 The power of timeshares
13:32 Myka breaks down his timeshare STR model in depth
14:54 Best set up for an STR space
17:30 Why Myka loves short term rentals
18:23 How Myka got to 400 short term rentals
19:19 What are the things to look out for when running timeshares on Airbnb
21:32 Myka shares how he started with his Airbnb properties
22:25 Myka's favorite real estate investment strategy
23:40 The acquisition cost on a BRRRR deal
25:08 How Myka gets mortgages for his Airbnb properties
28:27 Myka's 5-year vision
29:43 How Profit First changed Myka's perspective
33:06 Myka talks about his team
34:06 Systems that Myka uses for his business
38:04 Credit card hacking
44:38 Where can people connect with Myka
46:35 Myka's #1 secret to success with STR
NOTABLE QUOTES
"I already have a perfect day planned out of what I want, and I know that I'll be there soon." - Myka Artis
"My number one secret to success was just doing it." - Myka Artis
"We are just humans and we all have our days but it is the big why of having the vision and understanding what you want, having a partner that you want to do it with, it just makes it all worth it." - Emanuele Pani
"The more seeds you plant everywhere, the more opportunities that are going to come your way." - Mike Sjogren
CONNECT WITH THE GUEST
Myka Artis
www.clubhouse.com/@mykaartis
/ mykaartis
/ myka.a.artis
/ myka-artis-0a094548
Live Let Thrive
liveletthrive.com/
/ liveletthrive
/ liveletthrive
/ @liveletthrive
Subscribe to our RUclips account ➡️ bit.ly/2Nrn4XO
Watch our Podcast Episodes ➡️ bit.ly/3h70dQW
Our Snippets of Wisdom Playlist ➡️ bit.ly/3qyOXQh
Free Airbnb Masterclass ➡️ www.strsecrets.com/strmasterc...
Connect with us on other social media platforms:
Short Term Rental Secrets Facebook group ➡️ / strentalsecrets
Michael Sjogren Facebook Page ➡️ / theairbnbguy
Instagram ➡️ / the_airbnbguy
Clubhouse ➡️ @MichaelSjogren
Learn how to 2-5X your rental income using Airbnb here ➡️ www.strsecrets.com/

[@aeshaowolabi5238]

Thank each and every one of you for the insight. My husband and I are one week in with our short term vacation rental business so we’re just trying to soak in as much information as we can. Thank you

[@mikesjogren]

My pleasure and congrats on your short term rental!

[@danlee8563]

Wow this is an amazing episode!!

[@cassiebrunson1590]

❤❤❤❤❤ This was amazing amazing. And the statement of changing your friends, hit so hard

[@JustMeDishaa]

This was a gem 💎

[@TeonnasWorld]

Great episode!!

[@aunjerikab]

Amazing info!

[@alstokessr8205]

Wow!!!! 🙀

[@imthatdude7]

BIG GEMS

[@imthatdude7]

I love it

[@resaleigh7699]

Wowwwwwww

[@CasiMRendl]

What about bonus weeks

[@melvinmoten9427]

Could you provide the name of the timeshare you are associated with??

[@mikesjogren]

You can reach out to Myka on Instagram

[@jackie23able]

How do I get in contact with the guest speaker?

[@mikesjogren]

You can find Myka's social media accounts in the description of the video.

[@balancenatural]

One Airbnb listing per opening?

[@mikesjogren]

Subscribe to Myka's channel and podcast (Live Let Thrive) and ask him there.

[@patrickmelson4745]

Trade companies do not allow renting the units!