This was such an incredible episode! We were fortunate enough to meet Michael while networking at the Miami STR Wealth retreat. His story is amazing. He and his family live in New Jersey and for their first short term rental investment, they decided to take a swing at a 10 bedroom home just outside of Disney World. How and why they made the decision to invest here can all be learned in this wonderful interview.
Long story short, Michael and his wife, Marissa looked at the cold hard data and took a very calculated and strategic risk. That decision ignited into an amazing investment and an incredible home that is perfectly themed! The home is called “The Enchanted Rose Villa”. It boasts a Harry Potter themed movie theatre, a game room, disney themed bedrooms, and a pool. Not only that, Michael and Marissa leverage technology and automations to make the operations of such a home much more managable!
Since buying and updating this home, they’ve gone on to buy another in Gulf Shores and most recently just got their 3rd STR under contract in North Carolina! Mike and Marissa have dialed in their operations so they can quite literally manage properties from anywhere in the world, simply by replicating the lock tight systems that they have created!
We at Hassle Free RE as SOOO excited to share Mike’s story with all of you! Thanks for tuning in!
Links from the show:
www.enchantedrosevilla.com
@mbaffuto85
Contact Info for Hosts:
Dave Menapace
Call/Text: 508-277-7716
Kim Menapace
Call/Test: 781-738-3403
Or email: thefivestarcohost@gmail.com
Dave Menapace is also a Realtor® and licensed agent in the state of Massachusetts.