In this video I’m going to show you how you can make a short term rental property a great investment that will provide a cash flow and a fortune for decades to come.
Discover the simple techniques to maximize your time and money invested in rental properties.
Transcript:
Chris Bounds 27:06
What does your business look like five years from now?
George Salas 27:09
Five years from today, our portfolio is gonna look, oh, above 100 own properties, right? And we’re gonna be 10 years- $10 million in revenue,
Chris Bounds 27:19
Maybe international .Can I go to, can I go to Venice? I’ll be able to stay in a Salas Villa over there?
George Salas 27:26
Right now. That’s really I don’t have that as a goal. But you never know. You never know. Yeah, I mean, that would be great. You know? No, I essentially, my model is coming in from the front, right? We, we provide the services, and we’re doing business with our own students. They are coming to us and they’re like, “Yeah, I want you to help me do this”. I want you, you know, so our consulting is creating our entire business model. So we only have to market one time, right?
We market one time, we get a client. And now we have three different streams of income, right? So, as I build this, you know, it’s changing every day, every month, right? The Vision always changed, the end result is the same. But the roadmap is changing. Yeah.
So, right now, my sweet spot at five years is 100 properties, $10 million in revenue a year. Just crazy. But I love it. I am crazy, right? And this is from all of our companies, in all of it through short term rentals. All of it through, you know, all the different avenues that we’re creating to short term rentals, right?
Chris Bounds 28:31
Do you ever sit back and be like, like, have like this 15 seconds were like, “What the hell is going on?” Like, like, in like, full like goosebump humility, knowing that like, for you, fine on your floor, after a bad deal with the, with the bar, to thinking and not not just thinking, seeing a pathway forward to a 10 million in revenue business in the next five or so years? Does that ever, like just kind of give you the chills like that? That is the reality of the situation?
George Salas 29:10
You know, people, they actually think that they can do more in a year, but they don’t really know what they’re capable of doing three, right? So, when I look back, I always do and, and how, and that brings you wisdom, right thinking about how aware you were a year ago, two years ago, three years ago, and compare yourself to where you are now, in it’s not the results.
It’s just seeing the gap, right? Most people they don’t understand. They always focus on what they don’t have and what they haven’t achieved or where they’re not, instead of seeing how far they’ve come in the last year, two years and three years. So, to answer your question is yes, I sit down and I see myself there but Dallas, look back. I’m like, “Wow!” Three and a half years ago, I was in the shoes that I just mentioned while you know, a couple minutes ago crying, not knowing what I was gonna do with myself?
Chris Bounds 30:06
But really in the grand scheme of your life that’s three minutes ago, like, like, it’s that it was that quick, right?
George Salas 30:13
Yeah, I mean, it sounds like it was not that long ago. But, you know, when I look back, and I see what we’ve done in three and a half years, it’s incredible. You know, so I am appreciative. I am so grateful that, that has happened to us. And now I’m just passing that great gratefulness, right? And, and that’s why we’re doing what we’re doing. But yes, that’s it.