Something big is happening in short-term rentals, and most operators have
no idea.
In this episode, Mike Sjogren returns to the show with Mike Reilly. And they open with a
trend that changes everything.
In 2022, most short-term rentals in the US were run by hosts with fewer than 20 units. By 2025, that share had dropped hard. The reason is not that hosts quit. It is that private equity quietly started buying up management companies, because the margins are good and the industry is wide open.
Mike breaks down what that means for you, and reveals the project STR Secrets has spent 16 months building to help members cash in on it.
In this episode:
→ The data behind the great short-term rental consolidation, and why the big money is moving in now
→ Freedom Collective: the new vehicle built to help operators sell their management company for a 6 to 8X exit instead of a 3 to 5X
→ How 22 members generated over $3 million in new management commissions in about 7 weeks, including one who acquired a company and added 122 doors in a single quarter
→ The full AI Summit recap
→ Why the most important hire of the next few years is an AI mplementation specialist, and why the CEO's job is to cast the vision, not tinker in the tools until 3am
→ Mike's own Q2 numbers from the new AI-powered CRM: 1,000 leads, 68 opportunities, 7 new clients, and $211,000 in new commissions, while taking only 10 percent of the sales calls himself
Whether you have your first property or your fiftieth, this episode will change how you think about where this industry is headed.
Ready to scale and exit the right way? Apply to work with us: strsecrets.com/apply
