Join Steve as he chats with John An about utilizing and combining different tools to manage short-term rentals efficiently. John is the president of Ohana Stay LLC, specializing in asset management around the Hawaii area. Ohana Stay LLC provides investors with opportunities to generate immediate net positive cash flow and build long-term equity and value. The company was founded on the core principle that guests deserve a clean and comfortable home away from home during their visit to the beautiful state of Hawaii. Ohana Stay prides itself on providing its guests with a seamless experience, the feeling of settling into one of our fully furnished and fully stocked properties while enjoying the “Aloha” of the “Āina.” As always, there’s a lot to take away from today’s episode, so tune in and enjoy!

About John An:

John An is a short-term rental industry expert with particular expertise in optimizing and customizing the technology stack, driving up revenue, and continually streamlining operations. Experienced in building and operating a short-term rental brand from the ground up, John has generated multi-million dollar annual revenue laser-focused on profit-first. He even leverages his own short-term rental company as a fertile testing ground to experiment with new systems and approaches, developing creative solutions to solve operators’ pain points.

 

Outline of the episode: 

●    [02:54] How John An got started on his real estate journey.

●    [05:44] The benefit of building systems for property management.

●    [07:53] What motivates John to invest and establish cash flow.

●    [11:41] The tools that helped John operate his business more effectively.

●    [16:07] How technology has changed the game for real estate investing.

●    [19:42] The influence of technological innovations on the short-term rental market.

●    [22:14] Focusing on revenue management to drive returns through the roof.

●    [25:05] Employing revenue management versus using management software.

●    [27:04] How the pandemic has impacted their operations in Ohana Stay LLC.

●    [30:38] Being nimble and applying your skills to adapt to any new normal.

●    [34:34] What John An sees on the horizon for his investing journey.

●    [37:31] The best book John can recommend to the audience.

●    [38:16] His superpower of making connections with industry professionals.

●    [38:50] The biggest lesson John has learned over his career.

●    [39:25] His advice to attain financial freedom for the busy working professional.

 

Resources:

●    Website

●    LinkedIn

●    The Lean Startup by Eric Ries

 

Connect with The Cashflow Project!

●    Website

●    LinkedIn

●    Youtube

●    Facebook

●    Instagram

 

The Hawaii Millionaire Mindset Conference: “The Blueprint” will be happening here in beautiful Hawaii next year, July 21st-24th, 2022. Join top industry leaders for motivation, training, and of course, lots of networking. Early bird specials are happening now, so if you want the absolute best pricing, go to https://www.millionairesmindsetblueprint.com/ to find out more.

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