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Long Distance Airbnbs
Long Distance Airbnbs
Hey there, fellow wanderers of the entrepreneurial world! Gather around and listen closely, for today I have a tale that will ignite your curiosity and spark your desire for financial freedom. Join me on an extraordinary journey with the one and only Alex Sabio, a visionary investor who has conquered the realms of short-term rentals, hotels, and other remarkable real estate ventures.
Picture this: a young, wide-eyed dreamer named Alex Sabio, driven by the promise of a secure and prosperous future. His Filipino grandparents, with their hearts overflowing with love, guided him towards a career in the medical field. They believed it offered the stability and financial security they yearned for him to have. And so, he embarked on his path, embracing the world of healthcare with open arms.
But life has a way of revealing our true passions, even when they lie hidden beneath the surface. As Alex delved deeper into his medical career, a smoldering fire began to burn within him—a yearning for something more. Real estate called to him, beckoning him towards a world of limitless possibilities and the tantalizing prospect of building true wealth.
In 2004, with his modest income as a fresh-faced healthcare graduate, Alex made a bold move that would forever change the course of his life. He took a leap of faith and purchased his first real estate gem—a primary home that quickly soared in value. This taste of success ignited a flame of passion within him, fueling his determination to explore the vast universe of real estate investing.
Now, my dear readers, let me assure you that the path to success is rarely a smooth one. Alex candidly admits to stumbling along the way, making mistakes as he sought to unravel the secrets of the real estate realm. But he possessed an unwavering commitment to learning and growing from these challenges, transforming each setback into a stepping stone towards his dreams.
Eager to expand his knowledge, Alex embarked on a quest for real estate education. He devoured courses by renowned experts like Carlton Sheets, eagerly absorbing every nugget of wisdom. Yet, he discovered that the infamous 1% rule did not hold true in the vibrant Southern California market where he was planted. Unfazed, he set his sights on greener pastures, investing in long-term rental properties located far from his California roots.
Ah, my friends, the year 2008. A tumultuous time for the real estate market, when even the mightiest warriors faltered. Alex found himself facing a ferocious storm as he navigated the treacherous waters of California real estate investments. The tide turned against him, pushing him towards foreclosure and, ultimately, bankruptcy. But let me tell you, dear adventurers, Alex clung to his properties with unwavering determination. And over time, he witnessed the resilience and forgiving nature of real estate as his properties appreciated in value, buoyed by factors such as reduced interest rates and soaring rents.
As the winds of change swept across the globe, a new chapter unfolded in Alex's life. The tempestuous COVID-19 pandemic thrust him onto the front lines as a dedicated respiratory therapist. The weight of the world rested on his weary shoulders as he battled the unseen enemy. But within the chaos, an opportunity emerged—a chance for Alex to reshape his real estate portfolio and scale new heights.
With unyielding resolve, Alex delved into the world of short-term rentals, unveiling their true potential, especially in the realm of luxury. Long-term rentals made way for the allure of glamorous getaways and dreamlike escapes. But let us not forget, dear readers, that every venture has its ebb and flow. The pandemic brought uncertainty, but it also unveiled unexpected silver linings—stimulus checks and a surge in travel, injecting life into Alex's short-term rental business.
Schedule a FREE coaching call: coaching.freedomchaserspodcast.com
Don't forget to reach out to Alex Sabio:
Facebook: https://m.facebook.com/groups/healthcareprofessionalsinvestinginrealestate
Instagram: https://www.instagram.com/the_real_alexsabio/?hl=en
Website: http://thewelcomefund.com/
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