Ep 7 - STR Secrets - Converting an 1800s Jail Into An Airbnb With Nicholas Spohn

GUEST BIO Nicholas Spohn has devoted his life to all things personal development. Through studying health, spirituality, psychology, hypnosis, NLP, reiki and various other modalities he has created a comprehensive system to understand what drives human behavior. Nicholas is also an Airbnb super-host and creative financing expert. Most recently, he recently purchased an 1800’s jail which was converted into a bed and breakfast called Elkader JailHouse Inn. HIGHLIGHTS OF THE EPISODE 02:58  Nicholas’ background and how he got into the business 04:56  How he got his jail deal and how he built his real estate portfolio 06:31  His 3 steps of hypnotic influence 08:18  How he found his jail deal 09:12  How he analyzes a deals, upside potential and management improvement 11:26  A property that becomes the destination 15:12  How he views deals to make it work 19:00  How an easy website can change how the business flows 21:32  One of his most empowering beliefs 23:34  The number one secret to success as an airbnb host or as a Short term rental host 25:08  Why the owners of the house sold the place 25:48  Make mistakes and learn. That’s how you build a business 27:10  A part of being adaptable 28:15  Why Nicholas Podcast is recommendable when you want to start a short term rental business 30:05  Talks about the book Psycho-Cybernetics by Maxwell Maltz 31:25  Where you can find more about Nicolas jail house NOTABLE QUOTES (KEY LESSONS): “It’s not the strongest or the most intelligent who will survive but those who can best manage change” - Charles Darwin “Say yes and figure it out later” - Rock Thomas BOOKS MENTIONED: Psycho-Cybernetics by Maxwell Maltz CONNECTING WITH THE GUEST Website: elkaderjailhouseinn.com Facebook | Instagram Learn more about your ad choices. Visit megaphone.fm/adchoices