In this episode of 'No Vacancy the Podcast,' Natalie brings on Isaac French, the visionary and creator behind Live Oak Lake, a stunning seven-cabin landscape hotel in Texas. Isaac shares his remarkable journey from finding the perfect piece of raw land on Zillow to building and eventually selling the property for an astonishing $7 million. He delves into the financials, design choices, challenges, and successes he encountered along the way. This episode provides insightful details about the value of building an engaged audience, leveraging social media for direct bookings, and running a highly profitable short-term rental property. The podcast concludes with valuable tips for aspiring vacation rental hosts and a segment where Natalie addresses an 'Am I the Airbnb Hole' query about guests asking for discounts.
00:00 Welcome to No Vacancy Podcast
00:31 Simplifying Short-Term Rental Setup with Host GPO
01:30 Introducing Isaac French and Live Oak Lake
02:48 Isaac's Journey: From Concept to Creation
04:25 Finding the Perfect Property
04:44 Financing and Building Live Oak Lake
06:10 Overcoming Challenges and Achieving Success
16:40 The Power of Direct Bookings and Social Media
24:29 Navigating Financials and Scaling the Business
33:25 Emotional Connection and Bittersweet Decisions
33:38 Unexpected Offers and Appraisal Challenges
35:44 Negotiations and Closing the Deal
37:05 Investor Satisfaction and Profit Breakdown
38:22 Reflecting on the Journey and Future Plans
41:04 Building a Community and Sharing Knowledge
52:33 The Importance of Unique Vision in Hospitality
58:27 Closing Remarks and Future Projects
01:01:34 Am I the Airbnb Hole?
Connect with Isaac at these links:
Isaac's Instagram
Website
YouTube
Thank you to my sponsors!
Start using Turno today!
Get 3 months of HostGPO for free!
Connect:
Show Notes | Start Your Airbnb
Instagram
Learn more about your ad choices. Visit megaphone.fm/adchoices