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Podcast: Short Term Rental Management
Episode: How Gideon Spencer Added $200K in Value with a $50 Valve
Description: On this week's episode of Short Term Rental Management, Luke chats with tech professional turned real estate investor Gideon Spencer. Gideon shares his journey from renovating a San Antonio fourplex with his wife to acquiring a 24-key boutique hotel in Solvang, California. He dives into why he favors short-term rentals over long-term tenants, why he hired a VA with a smaller portfolio, and details the structure of his recent $6 million hotel syndication deal. They also discuss raising capital through a 506(b), the operational turnarounds heβs implementing, and his dream of acquiring a nature-immersed landscape hotel next.
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