Ep 89 - Creating Co-Living Communities with Sam Wegert

GUEST'S BIO Sam Wegert is the Founder and CEO of UpLevel Martial Arts. He is also a coach, investor, and entrepreneur. Sam is the co-owner of Life Door Rentals. HIGHLIGHTS OF THE EPISODE 03:53 Sam Wegert's introduction and background 05:52 What is UpLevel Martial Arts 09:14 How Sam got into the STR industry 10:58 How Sam and his wife manage their STRs 16:07 Should you be near your STRs 16:54 Sam talks about his experience in the operations of his STRs 20:11 The cashflow on STRs 21:43 What is co-living 23:26 How much does a long-term rental cost in co-living rentals 24:00 Nuances in co-living rentals 27:06 What does Sam look for in a co-living space and short term rental 29:03 The marriage of short term rentals and co-living rentals 30:11 Sam's guest avatar 31:15 Housing issue in the USA 33:47 The "community feeling" in co-living spaces 35:15 Sam talks about his passion 36:23 Mike's prediction about co-living 38:25 Sam shares the stories of the people who reached out to him that ventured into co-living rentals 41:24 Sam's vision in the next 5 years 44:21 How short term rentals give you the ability to pursue other things 45:29 Why assurance matters in this industry 49:09 Acknowledgments to Sam 49:35 Where can people learn more about Sam Wegert and what he does 50:10 Sam's #1 secret to success with STRs NOTABLE QUOTES "My dreams are bigger than my fears." - Mike Sjogren "Borrow the belief of the people around you." - Sam Wegert "In looking at new opportunities, our subconscious mind is the first thing that talks. The subconscious mind only knows fear." - Emanuele Pani "Ultimately, nobody wants paper with dead precedence on them. We are in this short term rental game for a deeper reason." - Sam Wegert "Live your deeper purpose now because it will fuel you, and how successful you become is a game." - Sam Wegert CONNECT WITH THE GUEST Sam Wegert: Instagram | Facebook | Linkedin Life Door Rentals: Website CoLiving Investors Community: Facebook Group UpLevel Martial Arts: Instagram CONNECT WITH THE HOSTS Michael Sjogren: Short Term Rental Secrets Facebook Group | Clubhouse | Instagram | Youtube | Facebook Page | Linkedin https://linktr.ee/the_airbnbguy Emanuele Pani: Clubhouse | Instagram | Facebook | Linkedin FREE MASTERCLASS TRAINING - https://www.strsecrets.com/masterclass Learn more about your ad choices. Visit megaphone.fm/adchoices