Million-Dollar STR Secrets: Growing a 7 Million Dollar Portfolio

The Boostly Podcast

Welcome to Boostly Podcast Episode 739.

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In this episode of the Boostly podcast, Liam sits down with David Fornelli, co-founder of Napoli Properties. David shares his journey from flipping houses to operating a 15-unit short-term rental portfolio and a 10-key boutique hotel. He emphasizes the importance of mentorship, leveraging other people's money, and the power of a strong team. David discusses the significance of design, guest experience, and technology in his operations. He offers insights into market trends, particularly the shift towards experience-driven stays in rural recreational areas. Additionally, David highlights the power of doing more with less and optimizing existing properties over rapid expansion. This episode provides valuable advice for aspiring hospitality entrepreneurs.

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