FF89 The San Gabriel, A 9,000 Sqft, $30,000/Mo Luxury Rental on Furnished Finder w/ Jason Griggs

The Landlord Diaries

Jason Griggs is a gym teacher turned real estate tycoon known as the “go to guy” in Las Vegas for short or mid-term rentals with one specific luxury property, The San Gabriel, that rents for $30,000 - $50,000 monthly. Jason is a realtor and property manager at Simply Vegas. He also owns Griggs Vacation Homes.

In this episode we cover:

0:00 Intro- Welcome to The Landlord Diaries

2:39 Jason’s transition from PE Coach to successful real estate investor

4:20 Jason’s real estate portfolio in Las Vegas

6:10 The San Gabriel property details

7:45 Flexing the San Gabriel between short term & mid term

10:15 Creating an experience at your property

12:45 Las Vegas area short term rental restrictions

15:30 Should you be afraid of larger properties?

17:25 San Gabriel guest types

19:20 Communication style needed for luxury properties

20:45 Upgrade the experience for your mid-term rental guests

22:25 Furnished Finder leads for San Gabriel & Jason’s other properties

24:20 With Furnished Finder, move in fees are paid upfront unlike other OTAs

25:35 Jason’s Tier 2 property at 5,000 sq ft

26:10 What should you consider when looking for a good STR/MTR hybrid property?

29:45 How to compete w/ the luxury hotels

30:25 Jason’s goal is to double his mortgage anyway he can

31:50 Is someone going to ruin my property?

34:45 Be patient & proactive with your mid-term rentals, plan for some vacancies

39:55 Why Jason chooses to pay off his properties as quickly as possible

42:20 Jason thinks all realtors should be investors & partner with your clients

43:55 What Jason teaches in Griggs University

44:40 Final tips on how to succeed with larger properties

Website Links:

https://www.furnishedfinder.com/

https://www.keycheck.com/

Join us for the 2024 Mid-Term Rental Summit...

Use Promo Code "FurnishedFinder" to receive 10% off your ticket price.

https://midtermrentalsummit.com/

Jason’s Listings on Furnished Finder:

https://www.furnishedfinder.com/members/profile?u=Jason.Griggs

https://winwithairbnb.com/

https://griggsvacationrentals.com/

https://linktr.ee/jgriggsrealestate

IG: @jgriggsrealestate

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https://podcasts.apple.com/us/podcast/the-landlord-diaries/id1641540804

https://open.spotify.com/show/4SvrXhCVRZMkbVDTF2Fyh2?si=f3d62047d84244a9

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