Join us for an illuminating episode featuring George Salas, the dynamic CEO and Founder of Empress Capital and Creative STR Wealth. George is not only a serial entrepreneur but also an accomplished real estate investor, inspirational speaker, and elite short-term rental investing coach.
With over 5 years of real estate experience, George leads top-tier masterminds, and syndications, and operates properties nationwide. He’s on a mission to create world-class vacation rental properties that provide the perfect blend of lifestyle, cash flow, and wealth creation for both active and passive investors.
Tune in to gain insights from George’s journey and discover the strategies that have made him a true empire builder in the world of real estate.
KEY POINTS FROM THE EPISODE:
1. Despite a serious setback in 2017, George made a comeback by venturing into real estate, initially focusing on flipping houses and then gradually moving to short-term rentals.
2. Learning from previous losses, George focused on properties with unique features to attract short-term renters. He transformed his business strategy amidst the pandemic, leading to a seven-figure profit in 2021.
3. George creates value in the real estate industry by buying properties “subject to the mortgage”. This involves taking over the seller’s payments and acquiring the property without making any repairs.
4. George adopts a careful approach when investing in the short-term rental market. He invests in well-regulated markets and prefers a combination of both regional and metro markets.
5. The hosts commend George’s resilience, emphasizing the importance of constant learning and improvement, with a clear mission and purpose for success in any venture.
CONTACT YOUR HOSTS:
LinkedIn: @spurequity
Website: www.spurequity.com
CONTACT TODAY’S GUEST:
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LinkedIn: https://www.linkedin.com/in/georgesalas360/
Facebook: https://www.facebook.com/georgesalas360/
Website: https://georgesalas360.com/
