Did you know that short-term rentals are considered one of the most stable assets in the real estate industry? We chat with Cale Delaney, who will elaborate on the numerous advantages, resources, and operational hacks associated with managing a successful hospitality business that prioritizes its tenants. Tune in to gain valuable insights and learn more about this thriving industry!

Key Takeaways to Listen for

• Profitable characteristics of short-term rentals and how to benefit from them
• Things you should know and include when underwriting short-term rentals
• Innovative software to help streamline your rental operations
• Where to source your capital when starting a short-term rental business
• A valuable experience that teaches the power of maximizing resources

Resources Mentioned in This Episode

• BiggerPockets
• Rich Dad Poor Dad by Robert Kiyosaki | Kindle and Mass Market Paperback
• Google Maps
• PriceLabs
• Vrbo
• Airbnb
• Facebook Groups
• AirDNA
• Rabbu
• Hospitable Host 2 by Cale Delaney et al. | Paperback
• Free Apartment Syndication Due Diligence Checklist for Passive Investor

About Cale Delaney

Cale, who self-titles himself as the Accidental-Intentional Millionaire, is a Christian Real Estate investor, entrepreneur, husband, and father of 3. After graduating cum laude with an Engineering degree from Univ. of Miami, he began his real estate career in 2006, working as a Commercial Real Estate Investment Broker in Miami, FL, where he was awarded the Pace Setter award his first year for the most number of listings and sold over $7M in multi-family and retail Real Estate. 

However, with the crash of 2008, he left that business and put Real Estate on hold until 2020, when he decided to go all in to start building generational wealth for his family. Since then, his investment portfolio went from $300k in January 2020 to over $6M less than two years later. In those two years, he acquired 13 units, including 5 LTRs and 8 STRs, seven luxury log cabins in the Smoky Mountains in TN. Due to his rapid success, he was featured on several well-known podcasts, including Bigger Pockets Real Estate Rookie.

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