Real Estate Investing & Short Term Rentals

Welcome back to another episode of the richer geek Podcast. Today we have another techie or ex techie, that has decided that he may make him a little bit more money a little more freedom in real estate.

Sief Khafagi is a real estate investor who has helped thousands diversify into RE after spending nearly 5 years at Facebook where he built the 2nd largest engineering organization across the world. 1000+ hires later, it hit him: a company’s most important asset is its people.

In this episode, we’re discussing…

 

  •        [2:02] His background and what was the lightbulb moment

 

  •        [5:00] How many people do this, is that what you guys do at the start?

 

  •        [6:54] Do he include the entire United States or he’s concentrating specific areas in metros, urban doesn’t matter?

 

  •        [7:39] How does he know the different regulations, states minister, municipalities, how does he handle?

 

  •        [9:27] How did he handle during COVID, talking about the government and state government

 

  •        [12:06] What made him to choose Short Term Rentals, STR’s?

 

  •        [14:03] How does this asset class differ from traditional real estate investing?

 

  •        [15:27] What are the reasons for someone to invest in short term rentals?

 

  •        [16:50] What he’s looking for when he looks for passive investors?

 

  •        [19:50] About the difference of doing syndications knowing the asset and just find someone that gives you a fund but may not know the asset, so people can understand both



  •        [21:33] How can people get more information about this fund?



Resources from Sief

Techvestor | Super Host Labs | LinkedIn




ABOUT SIEF KHAFAGI

Mike Stohler is a former commercial airline pilot, Navy veteran and co-founder at Gateway Private Equity Group, a real estate investment firm whose portfolio has included hotels, multifamily, and residential properties. Between apartment complexes, houses, and hotels, Mike has owned or operated over 1300 units. Seeking value-add opportunities and higher returns, Mike pivoted from multi-family to hotels and now focuses exclusively in this niche.

When Mike first started in real estate investing in 1999, he lacked experience and failed. Through committed action to learn, grow their skills, and help others, he has created immense change in his business and life.

Since his early beginnings, Mike has seen significant financial gain and wealth- generation through powerful real estate investing. Passionate about the impact real estate investing has had on his life, Mike leverages his experience to help busy professionals generate long-term wealth through hotel real estate investments.

Nichole Stohler