Millennial Investing - The Investor’s Podcast Network
Business:Investing
REI095: Real Estate As A Subscription? w/ Nico Ortega
Robert Leonard talks with Nico Ortega about what short-term rentals are and how they work, the difference between traditional short-term property management and traditional rental property management, what Nico is doing differently in this space with his company, and much, much more!
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
11:32 - Where Nico came up with the idea of using a subscription model for short-term rentals for renters and how it will work.
15:33 - What owners of the short-term rentals will get from this opportunity and what they will receive in return for being a part of the program.
17:25 - How much will a renter who is looking to utilize NUOVO’s program spend and will the subscription amount be different if they’re staying in different places?
22:09 - How does NUOVO make money in this arrangement and is it like a normal management company where one takes a percentage of monthly income?
22:25 - How Nico is planning to expand beyond Miami and where he is looking to expand to.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
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