Success Story with Scott D. Clary
Lessons - How You Win In Real Estate | Stephen Petasky - Founder of The Luxus Group
Published on Nov 6, 2024, 12:45:00 AM
Total time: 00:13:22
Success Story with Scott D. Clary
Published on Nov 6, 2024, 12:45:00 AM
Total time: 00:13:22
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In this "Lessons" episode, Stephen Petasky, founder of The Luxus Group, shares his expertise on scaling a real estate business and achieving sustainable growth. Stephen discusses the critical steps for building a strong real estate portfolio, including capital raising and risk management through conservative financing.
Raising Capital and the Role of Passion: Stephen describes the challenges and rewards of raising significant capital. He emphasizes the importance of passion and long-term vision in gaining investors’ trust, sharing how his dedication and enthusiasm helped him secure early support.
Conservative Financing for Stability: Stephen highlights the importance of a conservative approach to financing, particularly in avoiding debt that could jeopardize stability during economic downturns. This strategy, he explains, helps ensure long-term success in a volatile market.
Opportunities in Short-Term Rentals: Stephen explains the potential in short-term rental investments, especially in regulated markets, and provides a framework for evaluating properties and returns. He shares insights on leveraging platforms like Airbnb to maximize income while maintaining operational efficiency.
➡️ Show Links
https://successstorypodcast.com
YouTube: https://youtu.be/If8a4XqNlF4
Spotify: https://open.spotify.com/episode/2sOtsoHvCYjeC3l5x6zhEF?si=a87ad8ed0c4a40e8
➡️ Watch the Podcast On Youtube
Welcome to the Success Story Podcast, hosted by entrepreneur, business executive, author, educator & speaker, Scott D. Clary (@scottdclary). On this podcast, you'll find interviews, Q&A, keynote presentations & conversations on sales, marketing, business, startups and entrepreneurship. Scott will discuss some of the lessons he's learned over his own career, as well as have candid interviews with execs, celebrities, notable figures and politicians. All who have achieved success through both wins and losses, to learn more about their life, their ideas and insights. He sits down with leaders and mentors and unpacks their story to help pass those lessons onto others through both experiences and tactical strategy for business professionals, entrepreneurs and everyone in between. To get more of the Success Story podcast, go to www.successstorypodcast.com.