Ep 255 - How Two Investors Scaled from Co-Living to 80 STRs with Blake Anthony Carter and Jeremy Courtney

Blake and Jeremy went from managing shared co-living spaces to running 80 short-term rental properties. In this episode, they share the systems, deals, and mindset that made it possible. • How they pivoted from co-living to STRs • The growth path from a handful of units to 80 • Systems they rely on to keep operations tight • The partnerships that accelerated their scale • Lessons learned about market selection and timing 00:04:31 - Learning from a high-functioning real estate company 00:05:52 - Landing a management gig through direct outreach 00:08:04 - Managing a growing number of people 00:10:15 - Staying focused while running STR operations 00:14:42 - Biggest drags on a short-term rental business 00:16:05 - What each founder values most in the business 00:18:59 - Identifying problems and fixing them 00:20:48 - Preventing issues from stacking up 00:23:39 - Taking responsibility for team mistakes 00:26:57 - Boutique hotel as a pivotal business asset 00:28:39 - Balancing investment strategy with STR management 00:34:36 - Staying at your own properties to evaluate quality 00:37:18 - Challenges get easier with experience Guest Bio: Blake Anthony Carter and Jeremy Courtney have both been operating in real estate and property management for over a decade. They initially got started in the co-living space, which led them to short-term rentals. They eventually sold our co-living business and with all-in on short-term rentals. Blake and Jeremy started a Facebook group and a meet-up group that allowed them to become known as the go-to guys for STRs in Austin. Their company is called Cribs. Blake and Jeremy now own a boutique hotel and three SF doors. They manage over 80 listings and have a real estate sales/consultant team. Guest Link: https://www.instagram.com/blake.anthony.carter https://www.instagram.com/thejeremycourtney Get FREE Access to our Community and Weekly Trainings: http://group.strsecrets.com/