Tuesday Tekkers: Alex Jarbo breaks down his STR model to quickly scale, how to finance your Short and Mid Term Rentals, and optimizing your rental

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Alex Jarbo was born and raised in Detroit, Michigan. As a youth he was a skilled magician, obsessed with learning the next magic trick to show off to his friends and family.

Alex served for 4.5 years in the Marines from his station in Washington, DC and towards the end of his service, started to read books about real estate investing. Graduating into real estate, Alex first dabbled in flipping properties and working as a realtor helping people buy and sell their homes.

But he knew that there had to be a better way to support himself in the world of real estate.

Alex was still studying real estate  day and night, when one day he heard someone talking about Short Term Rentals. It was from a prominent person that was highly trusted in the real estate world and Alex decided to reach out to some of the people he'd been learning from to see if they have any advice for him as a beginner.

The problem he faced was that he found it very difficult to find the right home to purchase to turn into a short term rental. That's when Alex had an idea:  What if instead of buying a property, he would just build one instead?

Starting from one cabin, Alex realized early on that it made more sense to custom design and build the short term rentals because you can build unique properties that are an experience by themselves. 

Alex will break ground on 24 this year and has a goal to own 360 cabins in the next 3 years.

Alex: 

• Linkedin: https://www.linkedin.com/in/alex-jarbo-28a940139 
• Instagram: https://www.instagram.com/magicboyjarbo/ 
• Website: https://www.alexjarbo.com/home

Investories:

• YouTube: https://www.youtube.com/@investoriespodcast7744
• Instagram: https://www.instagram.com/investoriespod/
• Email: investoriespodcast@gmail.com

Kyle:

• Facebook: https://www.facebook.com/yourmultifamilymentor
• Instagram: https://www.instagram.com/your_multifamily_mentor/?hl=en

John: 

• Instagram: https://www.instagram.com/hoopeezy/?hl=en
• Airbnb: https://airbnb.com/h/ponderosapinehaus