Ep 229 - He Quit Google to Build a 5- Million STR Empire, Here's How
They told him to play it safe. Instead, Mike Reilly left a dream job at Google to build 29 short-term rentals and a $5M business exit plan. Most STR hosts fail. Why? It’s NOT the market. It’s NOT bad properties. It’s what’s happening in their head. In this episode, Mike reveals:The mindset traps killing your STR growthThe sales psychology behind a $5M exitThe hidden framework to scale 29 properties FASTWhy most STR hosts struggle—and how to avoid it04:10 - Scaling to 29 Properties with a Clear Vision06:00 - Mastering the Art of Finding Underperforming Listings08:45 - Building a High-Performing STR Business Model10:30 - The Power of Daily Habits and Mindset Shifts13:00 - Leveraging Virtual Assistants for STR Automation15:40 - Leadership and Growth: Running a STR Coaching Empire18:10 - The Blueprint for a $5M Business Exit Strategy20:25 - Structuring Your STR Business for Maximum Valuation23:15 - Key Metrics That Attract High-Value Buyers26:50 - The Role of Systems in Scaling Profitably29:30 - The Future of STRs: Trends and Opportunities32:00 - Final Advice: Dream Big, Take Action, Achieve FreedomGet FREE Access to our Community and Weekly Trainings:group.strsecrets.com