Episode 389: Different Approach To Short Term Investing In Chicago With Sebastian Mysliwiec Podcast By  cover art

Episode 389: Different Approach To Short Term Investing In Chicago With Sebastian Mysliwiec

Episode 389: Different Approach To Short Term Investing In Chicago With Sebastian Mysliwiec

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Properties for Sale on the North Side? We want to buy them. Email: StraightUpChicagoInvestor@gmail.com

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Sebastian Mysliwiec, founder of The Dream Rentals, explains how he’s built a short-term and mid-term rental management company that delivers top guest experiences and maximizes profits!

Sebastian talks about cutting his teeth and eventually thriving at a marketing company that helped build his real estate skill set. He provides tactical advice on underwriting, marketing, and managing short-term rentals (STRs). Sebastian explains how his team manages seasonality, shares a STR horror story, and top amenities for guests. He closes with remarks on refinancing considerations for STR properties and his team’s growth strategy.

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Connect with Mark and Tom: StraightUpChicagoInvestor.com

Email the Show: StraightUpChicagoInvestor@gmail.com

Guests: Sebastian Mysliwiec, The Dream Rentals

Link: The Dream Rentals Instagram

Link: Skyscraper Tom's Instagram

Link: The 12 Week Year (Book Recommendation)

Guest Questions

01:58 Housing Provider Tip - Leverage Freedom of Information Act (FOIA) to request property info during due diligence!

04:25 Intro to our guest, Sebastian Mysliwiec!

08:31 Defining AirBnB arbitrage.

13:28 Underwriting basics of short-term rentals (STRs)!

20:10 Listing platforms for STRs.

26:09 Managing STR seasonality in Chicago to optimize profit.

35:36 STR Marketing Tips!

45:45 AirBnB Horror Story!

47:46 Top STR amenities.

49:23 Mid-Term Rental analysis and expanding to other markets!

55:13 Refinancing STR properties.

56:47 What is your competitive advantage?

57:15 One piece of advice for new investors.

57:42 What do you do for fun?

58:25. Good book, podcast, or self development activity that you would recommend?

58:54 Local Network Recommendation?

59:29 How can the listeners learn more about you and provide value to you?

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Production House: Flint Stone Media

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