Ep 185 - From Wealth Management to Financial Abundance with Austin Palacios
In this episode of the Short Term Rental Secrets podcast, Mike Sjogren and Emanuele Pani, sit down with Austin Palacios who shares his transition from wealth management to successful real estate investing, highlighting his strategies in hiring, team building, and scaling his portfolio in short-term rentals across various locations. Focused on the niche of short-term rentals, they discuss the unconventional yet successful path to financial freedom through investing in properties they don't own. The conversation includes insights from an event with their mindset coach, Dave Conway, emphasizing personal growth, the power of networking, and the potential of innovative ideas in seemingly impossible settings. They also cover the importance of mindset, branding, the reality of scaling a business, and maintaining life balance while pursuing entrepreneurial goals. You don't want to miss this episode!\n\n00:00 The Journey Begins: Obsession and Dedication\n00:18 Introducing the Short Term Rental Nation\n01:02 The Power of Events and Personal Growth\n02:06 Inspiration from the Unlikely: A Sphere in Vegas\n06:45 Scaling Real Estate Dreams: From Chicago to Florida\n09:51 Building a Short Term Rental Empire: Strategies and Insights\n17:11 The Art of Co-Hosting and Establishing Authority\n20:55 Focusing on Sales and Growth: The Backbone of Success\n23:12 Unlocking Success Through Persistence and Attitude\n24:04 The Power of Generosity in Business\n25:25 Adding Value: The Key to Business Growth\n28:16 Building a Personal Brand in Real Estate\n30:27 The Journey of Personal Branding and Content Creation\n35:24 Finding Balance in Entrepreneurship\n39:56 Launching a Unique Podcast: Breaking Social Norms\n42:27 The Secret to Success in Short Term Rentals\n\n\nAustin's Bio:\nAustin Palacios is a short-term rental (STR) investor based in West Palm Beach, FL with a background in Wealth Management. He transitioned to investing full-time in short-term rentals back in 2021. He co-founded a management company for Short-term rentals based in South Florida. When Austin was building the management business, he developed creative systems and processes to acquire management clients, which allowed him to scale quickly. Leading him to develop Co-Hosting Acquisitions. A mentorship program where he coaches STR investors on how to acquire management clients. He now hosts \u201cThe Austin Palacios Podcast\u201d where he is leading a movement to break society misconnections that have been bestowed on us since the beginning of time and allowing Real Estate investors & Entrepreneurs from all walks of life to speak up on the topics that society limits us on speaking about.\n\nConnect with Austin:\nhttps://www.instagram.com/austin__palacios/\n\nConnect with the Hosts\nMichael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin\nhttps://linktr.ee/mikesjogren\nEmanuele Pani: Clubhouse | Instagram | Facebook | Linkedin\n\nWatch Mike's free masterclass training on www.strsecrets.com/masterclass\nLearn more about your ad choices. Visit megaphone.fm/adchoices