Episode 227: Andrew Hines discusses his successful glamping resort and real estate pivots

Follow Mike and Shawn on Instagram:

• Shawn: @shawn_dimartile
• Mike: @miketighe_

In this episode, Shawn DiMartile interviews Andrew Hines, a seasoned real estate investor and entrepreneur. Andrew shares his journey in real estate investing, from his early experiences with rent-to-own properties to his current focus on short-term rentals and glamping resorts. He discusses the importance of being adaptable and willing to pivot strategies as the market changes. Andrew also provides insights into the profitability of short-term rentals and the potential for scalability in the industry. He emphasizes the need to focus on the cool factor and create unique experiences for guests. Additionally, Andrew talks about his current ventures in Florida and his approach to off-market acquisitions.

Some key takeaways from this episode:

• Andrew emphasizes the importance of being adaptable and willing to pivot strategies in real estate investing as market conditions change

• Short-term rentals, such as glamping resorts, can be highly profitable if done right, with the potential for quick payback periods and significant cash flow

• The cool factor and unique experiences are crucial in attracting guests to short-term rental properties

• Off-market acquisitions can provide opportunities to buy properties at discounted prices and protect against downside risks

• Andrew's focus on scalability and building an organization has allowed him to grow his real estate ventures and take advantage of new opportunities

How to connect with Andrew:

Instagram:  @theandrewhines

Podcast: The Andrew Hines Real Estate Investing Podcast

Learn more about Mike and Shawn:

• Shawn: www.investorshawn.com
• Mike: www.investormike.com
• Website: www.takeoffcapital.com