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The Rich Somers Report

Make More Cashflow with Less Headaches Using This Mid-Term Rental Strategy | Jesse Vasquez E44

The Rich Somers Report

Rich Somers

Business, Entrepreneurship, Investing

5910 Ratings

🗓️ 2 May 2023

⏱️ 36 minutes

🧾️ Download transcript

Summary

In today’s episode, Rich sits down with Jesse Vasquez – mid-term rental mentor, investor, and host of the Mid-Term Rental Summit in San Diego. After 18 years in corporate sales training and leading million-dollar healthcare teams, he left his 6-figure W-2 healthcare sales management career to go all-in on real estate investing and his co-hosting, property management, and consulting businesses. He realized there was an untapped niche for traveling clinicians in the mid-term rental space, so he...

Transcript

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0:14.5

I had a doctor reach out to me. He was just finishing his residence. He's been in this for seven years man and he's like hey I'm actually planning my exit right now like I want to learn about midterm rentals to house clinicians. I want to leave this industry in the next couple years and I was like why do why do you want to leave? He's like, I'm already just burnt out, just from going to school. So I think that clinicians are just tired and they see that

0:18.4

there's other opportunities to make money and they're treated very unfairly, you know?

0:23.0

Welcome to the Rich Drummers Report,

0:25.0

where we talk real estate, business, and wealth building,

0:28.0

all while keeping it real.

0:29.0

No fluff, no BS.

0:30.0

I hope that you enjoy the show.

0:41.0

All right guys, welcome to another episode of the report. Today we are back in the podcast studio here in downtown San Diego. We got some sunshine

0:46.2

outside and I got a very special guest who's in town for a conference that he's going to be

0:50.0

hosting. He was just on the Bigger Pockets podcast. He is a midterm rental

0:55.3

expert. I got none other than Jesse Vasquez. Jesse, welcome to the show, my

0:59.5

man. Dude, I'm so excited to be here. Appreciate it, man. Yeah, dude, I appreciate you coming on the show.

1:05.3

I'm excited to stop by your conference

1:07.2

and check it out on Monday.

1:09.2

And I understand you're, you live in Modesto, is that right?

1:12.2

Yeah, Modesto, which is the armpit of California just so everybody knows.

1:14.8

They say that. I lived in Palmdale. I was working air traffic control up there for like six years. I used to call

1:20.4

Palmdale the armpit of California,

1:23.1

but it's funny, Modesto, so actually I have some experience up there.

1:25.8

I dated a girl, this is years ago, this is probably like 12 years ago,

1:28.8

but we went to college together here in Cal State,

1:31.3

San Marcos, in San Diego, but her family is from Modesto.

...

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