AREI 92: How You Can Own A Short Term Rental Through Joint Ventures with Jimmy Woodard & Bryan Marks
In this episode, Jimmy Woodard & Bryan Marks shares how they acquired and owned short-term rentals through joint ventures. Join us and listen in!
They've built the first real estate investing platform that offers fractional shares, a liquidity marketplace, and monthly subscriptions. Mostly, we would like to reach Real estate beginners who want to build their wealth but don't have the time, money, and/or experience to do so on their own.
In this episode:
[00:01 - 06:57]
• We welcome Jimmy Woodard & Bryan Marks to the show.
• Their background on how they started investing in real estate.
• Where did their interest in real estate come in?
• Cloud Castle and the services that it provides.
[06:59 - 17:09]
• What will it take for them to move into new markets?
• How did their loan structure change due to the current market economy?
• Have they seen more lenders now who are actually giving loans for short-term rentals?
• How do they address some of those conversations with potential investors to let them know that we can't move forward with this deal, but there will be another one?
[17:10 - 30:22]
• Investors who want to work with short term how does that go with your strategy?
• How they are tailoring their properties to match the efforts of Air BnB to go back to their roots of providing incredible experiences?
• Asking Jimmy Woodard & Bryan Marks the Adventurous Four
Memorable Quotes
"The goal behind cloud cast. Less work, less risk. And if it works out, then great. You can keep investing with us. " - Jimmy Woodard
" You should have a pretty firm understanding of the actual cost of the materials, the raw materials, and from there you can estimate if the labor cost is appropriate." - Bryan Marks
Connect with Jimmy Woodard & Bryan Marks
https://cloudcastles.io/
Explore more. Adventure awaits.
