Frank Valencia's guest appearances

Frank Valencia

Invest Like a Boss

Multifamily Insights

Homebnb Podcast Español

Richard Wilson

Dave Van Horn

M.C. Laubscher

Omar Khan

Seth Ferguson

Gene Guarino

Vinney Chopra

Mitt Romney

Paul Merriman

Tim Bratz

Jordan Goodman

Carter Malloy

John McAfee

Johnny FD

Jasper Ribbers

OwlTail

Frank Valencia inició Bongo después de su MBA en Stanford Graduate School of Business. Comenzó con una casa que él mismo gestionó y limpió. Durante este tiempo, Frank aprendió los conceptos básicos de los alquileres a corto plazo. Con esta sólida experiencia acumuló una pequeña cartera que creció rápidamente junto con la empresa. Bongo comenzó a llamar la atención de inversores inmobiliarios con múltiples propiedades y luego de edificios multifamiliares. A medida que avanzaban los años, Bongo Stays evolucionó hacia el espacio multifamiliar y hotelero. Bongo Stays ahora administra más de 10,000 listados en 15 países www.bongostays.com Homebnb Podcast y su Anfitrion Gustavo Briseno Disponible en Redes sociales como Intragram: https://www.instagram.com/homebnbpodcast/ https://www.instagram.com/gustavoabriseno/ Facebook: https://www.facebook.com/Homebnbpodcast/ https://www.facebook.com/GustavoB2020/--- This episode is sponsored by · Anchor: The easiest way to make a podcast.  https://anchor.fm/appSupport this podcast: https://anchor.fm/gustavo-briseno/support

Frank Valencia inició Bongo después de su MBA en Stanford Graduate School of Business. Comenzó con una casa que él mismo gestionó y limpió. Durante este tiempo, Frank aprendió los conceptos básicos de los alquileres a corto plazo. Con esta sólida experiencia acumuló una pequeña cartera que creció rápidamente junto con la empresa. Bongo comenzó a llamar la atención de inversores inmobiliarios con múltiples propiedades y luego de edificios multifamiliares. A medida que avanzaban los años, Bongo Stays evolucionó hacia el espacio multifamiliar y hotelero. Bongo Stays ahora administra más de 10,000 listados en 15 países <a href="http://www.bongostays.com/" rel="nofollow" target="_blank">www.bongostays.com</a> Homebnb Podcast y su Anfitrion Gustavo Briseno Disponible en Redes sociales como Intragram: <a href="https://www.instagram.com/homebnbpodcast/" rel="nofollow" target="_blank">https://www.instagram.com/homebnbpodcast/</a> <a href="https://www.instagram.com/gustavoabriseno/" rel="nofollow" target="_blank">https://www.instagram.com/gustavoabriseno/</a> Facebook: <a href="https://www.facebook.com/Homebnbpodcast/" rel="nofollow" target="_blank">https://www.facebook.com/Homebnbpodcast/</a> <a href="https://www.facebook.com/GustavoB2020/" rel="nofollow" target="_blank">https://www.facebook.com/GustavoB2020/</a>--- This episode is sponsored by · Anchor: The easiest way to make a podcast. <a href="https://anchor.fm/app" rel="nofollow" target="_blank">https://anchor.fm/app</a> Support this podcast: <a href="https://anchor.fm/gustavo-briseno/support" rel="payment nofollow" target="_blank">https://anchor.fm/gustavo-briseno/support</a>

EP:8 Frank Valencia " Bongo Stays"

Short-Term Rentals and Crowdfunding are two of the biggest real estate developments in recent history. Frank Valencia launched platforms to help investors take advantage of both through Bongo Property Management and Bongo Capital. Bongo PM manages over 4,000 short term rental units across the United States, Latin America, Europe, and Asia. Bongo Capital is the leading investment firm specialized in short term rental developments globally. On today’s episode, Frank shares info about domestic and international markets for short term rentals, his unique crowdfunding approach, and regulation differences across various markets.     Partner: Get Your Early Bird Tickets to the Midwest Real Estate Networking Summit   Key Market Insights  Realized business opportunity after staying in an Airbnb Vacation rentals have been around for a long-time – think beach house in California that attracts tourists Short term rentals are more focused in areas with year-round tourism – San Francisco, Chicago Airbnb became the name brand for short term rentals Corporate housing focuses on professionals looking for 30-90 days Focus markets: Texas, Florida, New Mexico Work with homeowners, investors, and funds Nightly price is a key performance indicator to review for projections Automated as much as possible for day to day operations Permits and restrictive bylaws are challenging in cities like New York Key Risk: Legislation can change quickly Some international markets may not have permits or taxes Work with the legislators in the cities and have been in town homes Homeowner associations are restrictive to short term rentals Include noise monitoring devices at each property In 2018, over 700,000 reservations in the US, only four incidents of damage and theft Starting to work with developers during the lease-up phase Europe has a high buy-in cost, Sweden is more of a cash flow market Yucatan peninsula, Cancun and Tulum are great for international Partnerships in profits, equity and – $5,000 US to get started Biggest mistake people make is underestimating the time-commitment Guests have higher expectations, on par with hotel customer service Keypads are critical to automate the process – normally less than $300      Bull’s Eye Tips: Winning Your Market: Be Dedicated Tracking Market Changes: Be as Active on Forums, Read Articles  Daily Habit: 4 am Emails   Resources:  Best Business Books:  The 4-Hour Workweek by Tim Ferris      Digital Resources WhatsApp   Tweet This:  "In 2018, there were over 700,000 reservations in the US and only four incidents of damage and theft."   Connect with Frank: Website: BongoPM.com     Leave us a review and rating on iTunes or Stitcher. Be sure to check out more info at TargetMarketInsights.com.

Short-Term Rentals and Crowdfunding are two of the biggest real estate developments in recent history. Frank Valencia launched platforms to help investors take advantage of both through Bongo Property Management and Bongo Capital. Bongo PM manages over 4,000 short term rental units across the United States, Latin America, Europe, and Asia. Bongo Capital is the leading investment firm specialized in short term rental developments globally. On today’s episode, Frank shares info about domestic and international markets for short term rentals, his unique crowdfunding approach, and regulation differences across various markets.   Partner: Get Your Early Bird Tickets to the <a href="http://midwestresummit.com/tickets" rel="noopener nofollow" target="_blank">Midwest Real Estate Networking Summit</a> Key Market Insights <ul> <li>Realized business opportunity after staying in an Airbnb</li> <li>Vacation rentals have been around for a long-time – think beach house in California that attracts tourists</li> <li>Short term rentals are more focused in areas with year-round tourism – San Francisco, Chicago</li> <li>Airbnb became the name brand for short term rentals</li> <li>Corporate housing focuses on professionals looking for 30-90 days</li> <li>Focus markets: Texas, Florida, New Mexico</li> <li>Work with homeowners, investors, and funds</li> <li>Nightly price is a key performance indicator to review for projections</li> <li>Automated as much as possible for day to day operations</li> <li>Permits and restrictive bylaws are challenging in cities like New York</li> <li>Key Risk: Legislation can change quickly</li> <li>Some international markets may not have permits or taxes</li> <li>Work with the legislators in the cities and have been in town homes</li> <li>Homeowner associations are restrictive to short term rentals</li> <li>Include noise monitoring devices at each property</li> <li>In 2018, over 700,000 reservations in the US, only four incidents of damage and theft</li> <li>Starting to work with developers during the lease-up phase</li> <li>Europe has a high buy-in cost, Sweden is more of a cash flow market</li> <li>Yucatan peninsula, Cancun and Tulum are great for international</li> <li>Partnerships in profits, equity and – $5,000 US to get started</li> <li>Biggest mistake people make is underestimating the time-commitment</li> <li>Guests have higher expectations, on par with hotel customer service</li> <li>Keypads are critical to automate the process – normally less than $300</li> </ul> Bull’s Eye Tips: Winning Your Market: Be Dedicated Tracking Market Changes: Be as Active on Forums, Read Articles Daily Habit: 4 am Emails Resources: Best Business Books: <a href="https://www.amazon.com/4-Hour-Workweek-Escape-Live-Anywhere/dp/0307465357" rel="nofollow" target="_blank"> The 4-Hour Workweek</a> by Tim Ferris  Digital Resources WhatsApp Tweet This: "In 2018, there were over 700,000 reservations in the US and only four incidents of damage and theft." Connect with Frank: Website: <a href="http://BongoPM.com" rel="nofollow" target="_blank">BongoPM.com</a> Leave us a review and rating on iTunes or Stitcher. Be sure to check out more info at <a href="http://TargetMarketInsights.com" rel="nofollow" target="_blank">TargetMarketInsights.com</a>.

Ep 98: Short-Term Rentals and Crowdfunding with Frank Valencia

Frank Valencia is the Sr. Managing Partner at Bongo Property Management; a fast-growing AirBnB property management which helps your short-term rental business becomes a success. They are currently operating in the United States, Latin America, and Europe – and are planning to expand to new cities later on. During the episode, Frank explains the services they provide at Bongo PM. As an expert in the business industry, he describes the benefits of having their company manage your properties for short-term rentals. Listen in and learn a lot about the short-term rental market, including size demands, occupancy rates, investment returns, and the ideal countries to own properties.   Where we are: Johnny - Nepal Sam - Denver   Links: Bongopm.com   Time Stamps: 09:07 – Who is Frank? 10:06 – The growth of Bongo PM 10:27 – AirBnB 12:39 – Return on investment 15:12 – Bongo PM analytic service 16:44 – Expanding to new cities 17:42 – Impact of reviews 19:23 – Property types and its demands 21:43 – Occupancy rates 23:03 – Optimizing seasons 24:14 – Insurance options for Risks of damages 26:03 – Length of agreement 29:07 – Ideal properties for short-term rental 31:21 – Investment opportunities in Bongo PM 32:25 – The future of Bongo PM in the industry 38:29 – Bongo PM Rates   If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and claim your bonus here! Copyright 2017. All rights reserved. Read our disclaimer here.

Frank Valencia is the Sr. Managing Partner at Bongo Property Management; a fast-growing AirBnB property management which helps your short-term rental business becomes a success. They are currently operating in the United States, Latin America, and Europe – and are planning to expand to new cities later on. During the episode, Frank explains the services they provide at Bongo PM. As an expert in the business industry, he describes the benefits of having their company manage your properties for short-term rentals. Listen in and learn a lot about the short-term rental market, including size demands, occupancy rates, investment returns, and the ideal countries to own properties. Where we are: Johnny - Nepal Sam - Denver Links: <a href="https://www.bongopm.com/" rel="nofollow" target="_blank">Bongopm.com</a> Time Stamps: 09:07 – Who is Frank? 10:06 – The growth of Bongo PM 10:27 – AirBnB 12:39 – Return on investment 15:12 – Bongo PM analytic service 16:44 – Expanding to new cities 17:42 – Impact of reviews 19:23 – Property types and its demands 21:43 – Occupancy rates 23:03 – Optimizing seasons 24:14 – Insurance options for Risks of damages 26:03 – Length of agreement 29:07 – Ideal properties for short-term rental 31:21 – Investment opportunities in Bongo PM 32:25 – The future of Bongo PM in the industry 38:29 – Bongo PM Rates If you enjoyed this episode, do us a favor and share it! Also if you haven’t already, please take a minute to leave us a 5-star review on iTunes and <a href="http://investlikeaboss.com/bonus/" rel="nofollow" target="_blank">claim your bonus here</a>! Copyright 2017. All rights reserved. Read our <a href="http://investlikeaboss.com/disclaimer/" rel="nofollow" target="_blank">disclaimer here.</a>

89: AirBnB Income Stream, Investment Properties and 3rd Party Management with Frank Valencia