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Episode #304: Solving the Problem of Short-Term Rentals with Sief Khafagi

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Manage episode 372071928 series 2855547
Content provided by Kyle Mitchell & Peter Pomeroy, Kyle Mitchell, and Peter Pomeroy. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kyle Mitchell & Peter Pomeroy, Kyle Mitchell, and Peter Pomeroy or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Today we host a fascinating conversation with Sief Khafagi, the Founder of Techvestor! After a successful career in tech and some time spent at Facebook, Sief took a leap into the unknown, resigning during the pandemic to spend more time with his young family. This led to him exploring the opportunity presented by the short-term rental space, and what he found inspired him to start his business. Essentially, Sief believed he could use data and a simple approach to value, to solve the common issues associated with short-term rentals, and in our conversation, we get to hear exactly how he and his team did this. Sief talks about his vision for the future, why he sees America becoming more mobile, and also gets into some of his personal habits and values that keep him healthy and grounded. Join us to hear it all from this inspiring guest!

Key Points From This Episode:

  • Sief takes us a through a little of his professional background and time at Facebook.
  • The decision to leave Facebook and how this led to starting Techvestor.
  • The problem that Sief aimed to solve with Techvestor, and how this evolved.
  • Unpacking the simple business model at Techvestor.
  • How Techvestor optimizes for revenue and profitability.
  • Sief talks about their criteria for properties and their emphasis on seasons.
  • The kinds of customers that Sief and his team are targeting.
  • Exit strategies at Techvestor and the priorities for the process.
  • Understanding the inclusion of a data page on the Techvestor website.
  • Thinking outside of the box and finding the right investors to educate.
  • The personal practices that help Sief stay on top of his work.
  • How and where to connect with Sief and Techvestor!

Links Mentioned in Today’s Episode:

Sief Khafagi on LinkedIn

Techvestor

Techvestor on Twitter

Vrbo

Airbnb

Vertical Street Ventures

VSV Academy

Passive Income Through Multifamily Real Estate Facebook Group

Peter Pomeroy on LinkedIn

Peter Pomeroy Email

  continue reading

318 episodes

Artwork
iconShare
 
Manage episode 372071928 series 2855547
Content provided by Kyle Mitchell & Peter Pomeroy, Kyle Mitchell, and Peter Pomeroy. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kyle Mitchell & Peter Pomeroy, Kyle Mitchell, and Peter Pomeroy or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Today we host a fascinating conversation with Sief Khafagi, the Founder of Techvestor! After a successful career in tech and some time spent at Facebook, Sief took a leap into the unknown, resigning during the pandemic to spend more time with his young family. This led to him exploring the opportunity presented by the short-term rental space, and what he found inspired him to start his business. Essentially, Sief believed he could use data and a simple approach to value, to solve the common issues associated with short-term rentals, and in our conversation, we get to hear exactly how he and his team did this. Sief talks about his vision for the future, why he sees America becoming more mobile, and also gets into some of his personal habits and values that keep him healthy and grounded. Join us to hear it all from this inspiring guest!

Key Points From This Episode:

  • Sief takes us a through a little of his professional background and time at Facebook.
  • The decision to leave Facebook and how this led to starting Techvestor.
  • The problem that Sief aimed to solve with Techvestor, and how this evolved.
  • Unpacking the simple business model at Techvestor.
  • How Techvestor optimizes for revenue and profitability.
  • Sief talks about their criteria for properties and their emphasis on seasons.
  • The kinds of customers that Sief and his team are targeting.
  • Exit strategies at Techvestor and the priorities for the process.
  • Understanding the inclusion of a data page on the Techvestor website.
  • Thinking outside of the box and finding the right investors to educate.
  • The personal practices that help Sief stay on top of his work.
  • How and where to connect with Sief and Techvestor!

Links Mentioned in Today’s Episode:

Sief Khafagi on LinkedIn

Techvestor

Techvestor on Twitter

Vrbo

Airbnb

Vertical Street Ventures

VSV Academy

Passive Income Through Multifamily Real Estate Facebook Group

Peter Pomeroy on LinkedIn

Peter Pomeroy Email

  continue reading

318 episodes

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