FF89 The San Gabriel, A 9,000 Sqft, $30,000/Mo Luxury Rental on Furnished Finder w/ Jason Griggs

The Landlord Diaries

Jason Griggs is a gym teacher turned real estate tycoon known as the “go to guy” in Las Vegas for short or mid-term rentals with one specific luxury property, The San Gabriel, that rents for $30,000 - $50,000 monthly. Jason is a realtor and property manager at Simply Vegas. He also owns Griggs Vacation Homes.

In this episode we cover:

0:00 Intro- Welcome to The Landlord Diaries

2:39 Jason’s transition from PE Coach to successful real estate investor

4:20 Jason’s real estate portfolio in Las Vegas

6:10 The San Gabriel property details

7:45 Flexing the San Gabriel between short term & mid term

10:15 Creating an experience at your property

12:45 Las Vegas area short term rental restrictions

15:30 Should you be afraid of larger properties?

17:25 San Gabriel guest types

19:20 Communication style needed for luxury properties

20:45 Upgrade the experience for your mid-term rental guests

22:25 Furnished Finder leads for San Gabriel & Jason’s other properties

24:20 With Furnished Finder, move in fees are paid upfront unlike other OTAs

25:35 Jason’s Tier 2 property at 5,000 sq ft

26:10 What should you consider when looking for a good STR/MTR hybrid property?

29:45 How to compete w/ the luxury hotels

30:25 Jason’s goal is to double his mortgage anyway he can

31:50 Is someone going to ruin my property?

34:45 Be patient & proactive with your mid-term rentals, plan for some vacancies

39:55 Why Jason chooses to pay off his properties as quickly as possible

42:20 Jason thinks all realtors should be investors & partner with your clients

43:55 What Jason teaches in Griggs University

44:40 Final tips on how to succeed with larger properties

Website Links:

https://www.furnishedfinder.com/

https://www.keycheck.com/

Jason’s Listings on Furnished Finder:

https://www.furnishedfinder.com/members/profile?u=Jason.Griggs

https://winwithairbnb.com/

https://griggsvacationrentals.com/

https://linktr.ee/jgriggsrealestate

IG: @jgriggsrealestate

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https://podcasts.apple.com/us/podcast/the-landlord-diaries/id1641540804

https://open.spotify.com/show/4SvrXhCVRZMkbVDTF2Fyh2?si=f3d62047d84244a9

Text the hosts with questions or comments.

The Landlord Diaries is brought to you by Furnished Finder, where you can list your property for one low price and pay zero booking fees.