When people hear short-term rentals, they typically think of Airbnb and stuff like that. But there is one side of short-term rentals that isn’t talked as often. We are referring to short-term rental development. It’s a build-to-rent model that works perfectly for spots where people are regularly taking vacations to. This is where Alex Jarbo excels. He specializes in building stuff like tree houses, log cabins, A-frames, cottages and chalets. Whatever it is you’re thinking of spending a long weekend in, chances are Alex has got it in his portfolio. But how do you exactly start in real estate development, specifically in the short-term rental asset class? Join in as Alex explains.

—

Watch the episode here

Listen to the podcast here

Build To Rent: Short-Term Rental Development With Alex Jaro

Alex, welcome to the show.

Thanks for adding on.

We like to start with the difficult questions here. What is your favorite ice cream?

I love plain vanilla chocolate chip cookie sandwiches. That is my favorite ice cream.

You are joining us from Asheville. I figure Asheville has all these unique ice cream shops. Is there any place in Asheville we need to check out if we are in town?

Sunshine Sammies is one of my favorites. They make special ice cream sandwiches. It is funny because they have their shop and almost a food truck, but the food truck is also an ice cream truck. When my wife and I moved to our new house, that ice cream truck came through. Almost half of the people in our neighborhood don’t have kids. You see all these adults emerge from their houses to get ice cream sandwiches.

Gary says, “I would be pushing my way to the front if I heard that thing now.”

It was funny seeing everyone come out of their houses with no kids.

What is the scoop? What do you do?

I’m a short-term rental developer and manager coach. We develop unique Instagramable short-term rentals, where the short-term rental is an experience outside of the city that the guest is visiting is the short answer to that.

I was excited to have you on the show because you are the first person I have had to talk through the development of short-term rentals. I’ve had developers on the show but not specifically short-term. Before we get into that, take us back to where your real estate journey began.

I was originally in the Marine Corps. I served four and a half years. During my last year in the Marine Corps, I decided that I didn’t want to reenlist. I was stationed in Washington, DC. I’m part of the honor guard there. It is a cool assignment. I had a phenomenal time in the military. I loved my military experience but I felt like I wanted to do something a little bit more outside of the military.

In my last year, I picked up a lot of different books, watched a whole bunch of YouTube channels and read books on real estate investing, general business principles and leadership. I knew I wanted to work for myself. I just didn’t know what I wanted to do. Real estate caught my eye because I enjoyed the control that you have over the real estate with forced depreciation and increasing the value that way.

I originally joined a flipping mentorship. I was on a group coaching call with the guy who ran the flipping mentorship. In passing, all of my long-term wealth is tied into short-term rentals. This is back in 2015 and 2016. That intrigued me. I got him on a one-on-one call and I was like, “I’m interested in the flipping but I’m way more interested in the short-term rental stuff.” He was open with his numbers. He showed me how much better, even back then, the short-term rentals were doing than the long-term rentals that he had. He helped me and taught me how to choose a good short-term rental market. We had pinned Asheville, North Carolina. The day I got out of the military, I moved here.

I got my real estate license when I first moved here and I started looking for a short-term rental. What I realized was everything was way out of my price range or it was in my price range but it wouldn’t have done well as a short-term rental. After 6 to 8 months of looking, I was fed up and was like, “I’m going to build my first short-term rental.” My first real estate investment was a ground-up development a-frame that we still own. It was an 800 square foot a-frame. 1 turned into 2 quickly and 2 turned into 4. We brought on some investor capital. We are developing over $10 million in short-term rentals. I’m hoping to triple that in 2023.

Have you ever been to Asheville before?

I came here once for a job interview. It was a personal training job interview to do something part-time while I was getting my real estate license. Besides that, I had never come here before. After deciding to move here is when I came here for the first time.

They say, “Follow your dreams.” You picked up and moved your entire life to a place you have never been.

No, I would do it again. I was in an interesting period in my life where I was going to school online and I had the flexibility to move around.

You often don’t know what you don’t know until you get in the thick of things. I have never done a development because I feel like there are a lot of moving pieces. What do you wish you would have learned before you did the first development that you figured out during the process?

That is real estate development. You don’t know what you don’t know. When I first started, there weren’t any books or resources out there. There were barely any books out for short-term rentals. I don’t know about short-term rental development or any type of development. The number one thing that I learned that I wish I would have known was leaning on a good real estate agent that knows land investing. I use a real estate agent that is good with land and good overall. I’m still licensed in my state. It is finding a good land real estate agent.

Number two, finding a GC that is willing to work with you. When I say willing to work with you, coming out with you because I was born and raised in Detroit, Michigan, where everything is flat. At least where I grew up, everything was flat. Working with someone that has the eye to tell you, “You can develop here and there. This is going to be a terrible spot for it,” is crucial.

Short Term Rental: Working with someone that has the eye to tell you if it’s good to develop on specific pieces of land is crucial to real estate development.

What I like to say to that is for people who don’t have that person in their lives now, whether it be GC or a real estate agent, your real estate agent can help you with figuring out a development plan. You want to be thinking about the entire guest experience. It doesn’t mean staying at the property. You want to be thinking about the drive to and from the property, what that drive looks like and what it feels like.

What I like to say is you don’t want your guests to be driving 30 minutes up a gravel road before they even get to your property. A lot of times, the guest is coming in at night, they are new to the area and their cell phone reception is going to cut out. You don’t want them to be scared or annoyed by the time they even get to your property. To answer your original question, I would think the drive to and from the property is one of the most important things to the guest. We get that question constantly. What does this drive look like to the property? The property might look cool in the MLS until you get out there and get boots on the ground.

If you are a reader who has never been to Asheville, I equate it to Gatlinburg. In Gatlinburg, you are going up mountains on gravel roads. It is an awful experience sometimes.

It is a little milder but it can still get pretty steep, depending on where you are developing.

You mentioned having a real estate agent that focuses more on land. What does a good land real estate agent look like?

They are going to understand the zoning and have the context of whom to contact in the zoning and planning department. Sometimes they are in the same department in the county. They are going to know those people. Hopefully, the people in the planning department know your real estate agent because that has been key.

Real estate is a relationship-based business. No matter which way you think of it on the acquisition and disposition side, it is a relationship business. The agent understanding the zoning laws in the area and what you can and can’t do is key. You can learn those yourself but having a second set of eyes helps there.

Is there anything underneath the ground in Asheville? Here in Nashville, Tennessee, we can’t build basements because there is limestone underneath the ground here. Is there anything funky about that?

Radon levels are high in this area. You don’t dig into the ground and outside of a foundation. You can put your radar on mitigation systems. The only basements that exist in this area are going to be basements that are walkout basements. It is crazy rocky in this area. Just digging foundations, you can hit a rock and things get crazy expensive after that.

You mentioned you moved to Asheville because you picked it on a map as a good place to invest in short-term rentals and start your business there. What makes a good area that you look for in terms of short-term rental?

If I were to do it again, I didn’t have the flexibility to move because whenever you read any real estate book, it says, “Start in your backyard.” That is true with the way we develop these properties to a point. If I wasn’t in the military and was living where I was born and raised in Detroit, what I like to tell people is, “There are hundreds of these pocket markets throughout the country but you want to be thinking about a city where people are taking an extended weekend vacation in your city.” It is a place that is 1, 2 to 3 hours away from you.

I would start with an hour if you are new to development, but think of a place that people are taking an extended weekend vacation to in your city. You are going to know that market better than anyone. That is how I tell the students that I coach when they are like, “This isn’t going to work like a metro area.” That is right. The land is going to be crazy expensive and the type of properties we are developing isn’t going to fit in that landscape anyways.

If you’re new to short-term rental development, pick a place where people are taking extended weekend vacations to in your city. You’re going to know that market better than anyone.CLICK TO TWEET

Think of an area where people are vacationing and about an hour to three hours away. I like to use the two extreme examples of the East Coast. You have New York City. People drive to Upstate New York every weekend to stay up there. There is a huge short-term rental market in Upstate New York. On the other side, you have San Diego. People drive up to Big Bear Lake, Northern California, all the time on the weekend. Think of markets that people are traveling to in your area. Look at land prices and zoning laws from there.

I’m glad you mentioned, “Closer to home.” A lot of the short-term rental experts that I have talked to in the past all talk through, “Don’t go to Branson, Missouri because that is the place where everybody is going or Gatlinburg, Tennessee, because you lived on the West Coast and you heard it is great because you don’t know the intricacies.”

I was at the BiggerPockets conference in 2021. They had done their first short-term rental panel for the professionals that were in short-term rentals. That room had 500 to 600 people in it. 3 out of the 5 keynotes in that panel had mentioned Gatlinburg. I was standing in the back and you could see people pulling up on Zillow and scrolling through. I’m like, “The price went up by $500,000 in that area because of that.”

I love Gatlinburg. I used to go there as a kid. There are some intricacies behind that market.

It has gotten way more expensive.

You mentioned the types of property you develop. What are the types of properties you develop?

Here in the mountains, tree houses, a-frames, log cabins, cottages and chalets tend to do well. What I like to say to people who aren’t in mountain wooded type areas is, “The best way to find out what is going to do well in your area is to hop on Airbnb’s website, put your city that you are considering investing in and see what Airbnb’s going to feed you, the top properties in your market. Model your properties based on that.

There is nothing wrong with having a duplicate of a property in your market or something similar. It is not going to matter. When I first started here, that first a-frame several years ago was the only a-frame on the short-term rental market. In 2022, there are twenty of them but it hasn’t affected my occupancy in any way.

Short Term Rental: There’s nothing wrong with having a duplicate of a property in your market or something that’s similar. It’s not going to matter.

Mostly a-frames are what you are developing.

A-frames and log cabins are the two big ones. We are building ten tree houses in 2023 but we haven’t finalized plans for those yet.

Are they in trees or stilts?

Their house is on stilts surrounded by trees. You can’t get financing if you are going to pin a house to a tree.

You are still up in the air. You are giving them that Instagram experience. I have heard you talk a little bit about platform risk and maybe working with your guest in terms of trying to help develop a direct booking channel. First of all, could you help us understand what platform risk is and how are you pulling your guest offline from these platforms?

This is one of my favorite topics to talk about, especially with us going through this correction. You want to look at the OTAs or Online Travel Agencies. Airbnb and VRBO are other online travel agencies. Airbnb is the biggest one, and it is what puts short-term rentals on the map in the last several years. You don’t want your property to exclusively live on one of these sites because they have complete control over your business at that point.

I always tell my students like you, “You want to be looking at Airbnb and VRBO.” Those platforms are great, don’t get me wrong. Same thing with Booking.com and all the other local ones, but you want to look at online travel agencies like Airbnb as a marketing arm for your business. It is not where your property should live at.

What we do is we have a service called StayFi. It is a little disk that plugs into the back of a router. It creates a landing page for your property. We have a property that can sleep fourteen people. Instead of getting the contact info of the one person that is booking the property, every person that comes to our property, we get their phone number, email address and first and last name. That also protects us. We never had any complaints about anything with our guests. We are used to it. Going to Starbucks or the airport, you are putting in your information to get access to the internet. It is the same thing there.

From there, we capture their email. It gets aggregated and we are going to be shooting out seasonal emails. You can stop there and remarket in using Airbnb and VRBO. We are taking a step further in building out our direct booking platform. It is similar to Airbnb but it is our website with our curated properties on them. That way, people can book directly with us and we have complete control over our guest experience.

Airbnb does two big updates every single year. They do their summer and winter update. Usually, the first 2 to 4 weeks after that, we are thrown for a bit of a whirl, especially in 2022. They did some massive renovations to their website. That allows us to get complete control over our guests by building out a direct booking site and controlling our guests.

The change that you are referencing changed it to experiences from what I saw as a novice user of Airbnb. Did that help drive attention to you?

It did help us for sure but I did some coaching on the rental arbitrage side and did hurt some of those students that were working specifically on that. I have gotten in trouble with Airbnb for things that a guest had lied about on our property and they delisted our property for 1 week or 2. I only lost $1,500 or $2,000, but we are going to have close to 40 properties in 2023. That would have been $40,000 to $60,000 that I would have lost because it was on Airbnb for something that a guest lied about.

I’m always looking for technology tools, tech stacks and things like that. How are you planning on tying an Airbnb calendar to your direct booking calendar? Is there some API in the background or something like that? What are you doing there?

I was using Hospitable for a while, but Hostfully has a direct API integration with Airbnb, VRBO and the direct booking site that we are building. We use a company called Boostly. Mark Simpson is the Owner of Boostly, but he is the face of Boostly. He has written some phenomenal books on direct bookings but his company is building our direct booking site and we are using Hostfully to do a direct API integration with that. I believe Hostfully is the only one that has a direct API integration with all the platforms.

The second question is, who owns StayFi? How do we start becoming an owner of it?

They are raising money. Arthur Colker is a young dude. It is a phenomenal platform. We were using Mailchimp to collect all of our emails. They have their website marketing side to the business, which is awesome because they can recommend people that specifically work in short-term rentals to put your marketing creatives together and stuff.

You are building that out. Have you seen some success?

We are building that out but StayFi handles most of that work. Another thing we started doing, we can talk about too, is influencer marketing with our property.

I got some opinions on it but I want to hear what you are doing there.

We use Stayamo. It is a company created by Jordan. He stayed at one of our properties. Everything is vetted. It is not like Airbnb where you can post any property you want and it is approved. Both the owners and the influencers are vetted. Using influencer marketing has been a cool experiment. I look at my days as inventory. I have 365 days. That is my inventory. Our average daily stay is anywhere between 3 to 4 days. Let us say it is three days on the short side. That is 120 guests I need to bring through a specific property.

We team up with a cool Instagram influencer that has a good following that is similar to your guest avatar for that property. They have 250,000 followers and good engagement. Those numbers don’t match in any way. You have 250,000 people here that are going to be seeing a property that only needs 120 guests. That has been key. We have been playing around with that.

We are purchasing seven properties in the middle of January 2023. We are doing a very big push with influencers on that. That is one of our big strategies with that specific property. It has been fun playing around with that because you will see influencers selling this water bottle. What is the difference between that and selling a property? You can buy millions of these water bottles but you only have a specific inventory for your properties.

From the exposure standpoint, I want you to check me here and let’s have this conversation. If you are going to do short-term rentals, first and foremost, you need to nail the experience and the operations behind it. What you can’t have is some influence out there that is driving attendance to your properties and it is a terrible experience or you don’t have your operations smooth out.

People start businesses and build businesses around influencers saying, “Logan Paul talks to this person. This person is my avatar, Mitch.” That influencer will back out at the last minute and you spent all this time trying to build this momentum. My long-winded way of saying this is if you are interested in this strategy, it is a great strategy with tons of exposure but first and foremost, make sure your experience, home and operations are very solid.

It is the same thing as what we talked about with Airbnb and VRBO. There shouldn’t be one strategy. We will never stop marketing on Airbnb and VRBO because that is where the eyeballs are at. It is the same thing with marketing with Google, YouTube, and Facebook. Influencer marketing should not be the one strategy you are using for any part of your short-term rental business. Make sure your operations are solid, you have the right cleaning crew in place and you have the right messaging, automated messaging and systems before you scale that quickly.

Short Term Rental: Make sure your operations are solid. Make sure you have the right cleaning crew in place. Make sure you have the right messaging and then systems before you scale that quickly.

You are a bit unique in terms of the guests we’ve had on the show in the sense of your educational background. You have a degree in entrepreneurship, if I’m not mistaken, an MBA and also a PhD. All of those are entrepreneurial and real estate related. Talk to us about why did you decide to go down the educational path from an entrepreneur standpoint. What is it that’s giving you insight into running your business? Was it worth it or not?

I was mainly done with most of my undergrad by the time I got out of the military. My GI bill was there to use. I felt like I was going to be wasting it if I didn’t use it. My mom has been a teacher for many years. It is in my blood. I had a big teaching role in the Marine Corps. I was always in an instructor role. I read a lot of books but I wanted to see what that side looked like. I saw my mom. It took her ten years to get her bachelor’s degree because she did it part-time. I grew up in a library. I was interested to see what the differences would be like reading about real estate compared to learning about it through a university.

My MBA has a concentration in real estate development and the coolest thing that I learned about my MBA was there isn’t too much real estate development stuff out there but there are a lot of textbooks out there. I still read a lot of books you can get on Amazon and stuff. A cool hack that you can do, depending on what business you are in, is picking up textbooks. You don’t have to join the program, the MBA, doctorate or undergrad. You can find out what the degree completion plan of a degree is and choose the books that are in that degree completion plan. You can purchase those textbooks on Amazon.

The coolest thing is I learned a lot about real estate development through the textbooks that I picked up in my MBA. I have taken that with me in other topics that interest me, whether it be outside of the real estate. I will pick up textbooks specifically written on those topics because those are going to be peer-reviewed, researched textbooks that people have been challenged on. It is not something that a publisher puts together.

What I’m hearing is you like your reading material very dry.

I love listening to books and there are no audiobooks in textbooks. I don’t read these books on a normal basis. Maybe 2 or 3 a year compared to the 50 or 60 business books I’m listening to. No, they are dry.

I smiled a little bit when you said you grew up in a library because my mom got her PhD when I was young and some of my earliest memories were going to the library at Virginia Tech, where she got her PhD. She is sitting there before the internet. She was going to the Dewey Decimal System, bringing back a stack of books and trying to find the research material she needed.

It used to drive my mom crazy because I wasn’t a good student. She was like, “I’m dropping you off and staying in a library for 3 to 4 hours and you are still doing terribly on your homework.”

Switching from textbooks, you have a YouTube channel. I want to give you an opportunity to talk to us a little bit about the YouTube channel and the journey that has been for you.

I started that a few years ago. I didn’t do too much with it. I was posting it once a week for 3 to 4 months but I have been doing it 3 days a week. There was one YouTube channel out there that helped me get to where I am on the development side. I’m already driving out to my properties on a weekly basis to check up on my development projects and project that I’m managing or my company is managing. I was like, “I’m going to bring my camera with me.” We started doing that.

I sat down and was like, “What is the YouTube channel that you wish you had when you first started?” That is what determines what I post on YouTube channels, especially if I come up with something new or I’m challenged with something in my business. I like to talk about it on the YouTube channel because if I’m going through it, I guarantee some other host or some other potential host is going to be going through it.

Can you plug the YouTube channel name?

Mine is Alex Builds.

I can relate to this idea of what you are going through and you feel the need to talk through it. I started this show because I loved learning about real estate and the opportunity to connect with other people who are doing different things than I ever knew about. It gives me an opportunity to learn about it as well. It would be cool years from now to look back at your phase of life, what you were learning and going through and all those sorts of things. Some people start YouTube channels in podcasts because they want to become famous. Other people are following an inquisitive journey and seeking knowledge.

I will put together a video that got edited or something. I will be watching it. I’m like, “That doesn’t sound good. That is terrible.” I started re-watching some of my original videos. I’m like, “I can’t believe what I sounded compared to now and several years later.

My first podcast audio is unbearably listenable.

It is terrible trying to listen to or watch stuff like that. It is embarrassing. You leave it out there. You were like, “That is where I started.”

Hopefully, it gives other people encouragement too. You don’t have to be perfect to get going and getting going will build momentum regardless of where stage you are at or what you are trying to accomplish in your life.

You don’t have to be perfect to get going. And getting going will build momentum, regardless of what stage you’re at or what you’re trying to accomplish in your life.CLICK TO TWEET

You are going to make mistakes. No one’s journey is the same. Even if you are following someone’s journey, your journey is going to be a little bit different. You are going to be challenged with things that you weren’t even thinking about.

Alex, I want to switch this to our last round. We are calling this the Five Toppings. Our first one is, what is your favorite book or what is a book that you have read? I will give it an asterisk and say, “Please don’t name a textbook.”

The Creature from Jekyll Island is one of the best books I have ever read. It is a book on the history of the Federal Reserve and how our banking system works. I picked it up thinking it was a conspiracy book. There are 100 pages of references in the back. It is a textbook. I did break that rule there. It is a book that has been recommended by every real estate professional I have talked to that has done anything in real estate.

I have read it. You picked a book about as a textbook. It is interesting to learn about history. I’m in Nashville and Andrew Jackson played a central role in the book. I won’t spoil it for anybody. Also, you start seeing the world a little bit differently when you read that textbook.

If you don’t mind me asking, when did you read the book? Was it prior to COVID?

No, it was right in the middle of COVID. It was 2021.

I read it in 2018. It was cool to see how we printed money during COVID. Everything that book talked about the history played out again. We are dealing with it with higher interest rates and inflation. The book details that.

Wasn’t he a University of Michigan grad, professor or something like that?

I will have to look at the book again to see. I don’t know. It is interesting.

I’m trying to tie you into Detroit and some author that I can’t even remember the name of. Our second one is I believe that the person you become ten years from 2022 is directly correlated to the habits and routines that you have. What are some of the habits or routines that you have?

I picked this up in the military. It is called something different in the military but doing the Wim Hof breathing techniques in the morning has set me up for the rest of the day, even if it’s one round of heavy breathing in the morning followed by breath holds. That was taught in the military. I had gone up for the Special Forces when I was in the Marine Corps. It is called box breathing or military breathing on that. In short, it is the Wim Hof technique of breathing. I don’t do the cold showers, just the breathing.

I know the box method but is the Wim Hof the same?

It is a little different. It is purging. You are taking fast 30 breaths in a round and holding your breath.

That is something I need to work on. I find myself holding my breath a lot, specifically when I’m talking. I’m going to have to look for that.

It has been like a jolt in the morning. I still drink coffee in the morning but I compare it to the effects of coffee for a couple of hours after.

The third one is, what is the best piece of advice you have ever had?

I read it. It is a quote. “The quality of your life can usually be determined by the number of uncomfortable conversations he or she is willing to have.” I’m introverted by nature or at least I used to be introverted. I always go back to that quote, especially in real estate when it comes to renegotiations or negotiations. It is an uncomfortable conversation sometimes but that quote has always helped me with that.

The quality of your life can usually be determined by the number of uncomfortable conversations you’re willing to have.CLICK TO TWEET

Our fourth one is, what is the thing you are most proud of in your life?

That is going to sound weird. I have a Guinness World record right there. I used to run races, marathons and half marathons in DC. Out of all those, I’m most proud of that. I guess you can put that under my professional life. It is a good talking thing.

Don’t bury the lead. What is the record?

It is the furthest distance to roll a coin. I did it here. The cert says Asheville. When I was a kid, I used to go through the Guinness World Record book. I feel like all of us did at one point. I had a lot of free time after I got out of the military. I was used to working 60, 90 to 100 workweeks sometimes. I wouldn’t even call them workweek.

That was my life when I was a Marine. When I came out, I was used to a certain tempo of working. I lost my mind for the first year because it slowed down significantly with work. I was like, “What is the one thing that you have wanted to do since you were a kid?” I was like, “I would love to break a Guinness World Record.” I went on their website and was like, “What is the easiest thing I can do?” I saw that and it took six months.

I had a couple of friends record it for me. I didn’t have someone come out. We all recorded it with our phones. We sent it in and they accepted it. It was a six-month process but I did it. I was working part-time at a gym at that time. I waited for the gym to close. I knew the person who was closing the gym at that time. The gym had a long stretch of concrete that spammed the entire gym. I took $0.50 and whipped it as hard as I could. I was surprised they approved the video because it was junky quality.

How far was it?

It wasn’t that far. It is 24.1 meters. I had friends try to break it before to annoy me, which I wouldn’t care about. I had friends who told me, “I’m going to break your record and not tell you about it.” I was like, “Do it. I have the cert. That is all I want.”

You are also a magician. Any cool tips there?

My mom got me into magic because I was very introverted as a kid. It turned into a networking thing. I do it at networking lunches and stuff. It is a cool icebreaker. I don’t start with that. I don’t want to be like, “Do you want to see a magic trick?” If the conversation comes up, I’ll start doing stuff and something for people will remember me by compared to getting a business card or something.

Our last one is if you could sit down and eat a bowl of ice cream with anyone, dead or alive, whom would it be and why?

Stephen Schwarzman, the Founder of Blackstone. He had come out with his book. I have been following him ever since I read The Creature from Jekyll Island. He is not mentioned in the book but when you think of the biggest companies in the world, Blackstone and BlackRock are up there. Other companies are bigger than that but their heads are the face of the company, not headed front and center the way Steve Schwarzman is.

He is the beneficiary of a huge Cantillon effect.

I didn’t know that.

Do you know what the Cantillon effect is? I might be right here. The theory is that the closer you are to the spigot, the wealthier you will become. When the Fed goes out there and prints a bunch of money, the people that are closest to the spigot where it is getting printed off, asset managers and banks, are going to be the people that benefit the most. The people that are furthest away from this spigot, usually poor people, are the people that get affected the least benefits.

Someone wrote Cash is King not for him but for his company. There is a big time gap in there where they were like, “Where did all that money come from?” You were like, “It just happened.” Looking back several years ago, if there are books were in on that company, what comes from that?

Alex, this has been a fantastic conversation. I appreciate you coming on. If our readers want to learn more about you and check out some of the mentoring programs or even learn about the fun that you got going on, where is the best place we could point them?

The best place if you are interested in doing what I do is my YouTube channel. If you are interested in the course, the YouTube channel mentions the course and some of the videos. You can check out my site, which is AlexJarbo.com. That is where all my previous podcasts and course lives if you are interested in citing and signing up.

If you are interested in investing with us, I don’t actively raise capital anymore but I have teamed up with a fund out of Michigan that raises the money and places the money for the deals that I work on. Reach out to me on LinkedIn. I’m active on LinkedIn. If you are interested in investing in that, we are doing the capital raises. It is only going to be a week because we don’t need that much but it is going to be from January 2nd to about January 9th, 2023. If that comes up before then or if this episode comes up before, reach out to me on LinkedIn.

Alex, thanks for coming to the show.

Thanks for having me.

Important Links

About Alex Jarbo

Alex Jarbo is a short-term rental developer and manager. He served in the Marine Corps for 4 1⁄2 years where he was stationed in Washington DC apart of the Marine Corps Honor Guard. He left the Marine Corps at 22 years old to pursue his career as a real estate professional. He is currently the founder and CEO of Sargon Investments. He is the host of the YouTube Channel Alex Builds where he teaches the ins and out of short-term development and management.