Ep. 114: From Trades to REI and Hospitality Entrepreneur

Terry Nguyen is the Director of Operations at Terracasa Homestays, a travel accommodations company specializing in the state of Arizona. With a background as a real estate investor, general contractor, and electrician, Terry brings a wealth of experience to the role. Previously involved in property flips, BRRR projects, and major renovations, Terry's expertise is now focused on building the company through the short-term rental arbitrage business model.

 

In this episode we discussed:

• Reflecting on his journey from electrician to real estate investor
• Transitioning into real estate and flipping opportunities
• The realization of negative returns and time constraints from experience in construction industry
• Pivoting Towards Hospitality and Travel Accommodation
• Benefits of the Hospitality Industry
• Mitigating Risk and Market Diversification in the Hospitality Industry
• Building and Managing a Remote Hospitality Business
• Challenges and opportunities of the US short-term rental market and insights into building a successful vacation rental business.

and a lot more!

 

Follow Terry Nguyen's social media on:
Instagram at: https://www.instagram.com/terry.ttn/

and https://www.instagram.com/terracasahomes/

 

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