Behind the Stays Meet the 19-Year-Old Who Builds (and Buys) Unique Stays
Meet Brett Deas, a 19-year-old entrepreneur who owns and operates unique stay vacation rentals across the U.S.
While his high school buddies were scrolling through TikTok before school and playing video games afterwards, Brett was binging Bigger Pockets podcasts to understand the world of real estate investing.
After graduating from high school, Brett decided to try his hand at real estate investing and entrepreneurship before pursuing a college degree. And so far? That decision is paying off dividends.
In this episode, you’ll hear the story behind how Brett raised capital to both build new unique stays and buy existing ones. Brett shares tips on:
- What he’s learned about assessing the value of a unique stay
- Why hospitality entrepreneurs might be better off buying a unique stay rather than building one from the ground up
- The importance of building a consumer-facing brand to help consolidate a portfolio of differentiated stays
- How he thinks about investing in 2024 and 2025
- And so much more
Connect with Brett on LinkedIn
This episode is brought to you by Summer.
Summer takes the headache out of owning a vacation rental by taking care of sourcing, designing, furnishing and managing your home.
What makes Summer especially unique is the pathway to ownership that they offer — think of this as an option to “try before you actually buy an Airbnb”
Here’s how Summer’s Gradual Ownership model works:
- You work with Summer to find the perfect vacation rental — one that’s in a market that you want to vacation to and also in a market that makes sense for a vacation rental.
- Summer guides you through the whole discernment process of where, when and what kind of home to buy.
- When you find the right home, put down a downpayment of 15+% but Summer buys the home for you and holds it for up to two years — during this time you can buy back the home from them any time you are ready or, after the two year period you can decide you DON’T want the home and get a full refund of your down payment.
- Also, Summer covers all of the closing costs and fees for the upfront purchase on the home, as well as furnishing and design. This means you pay far less out of pocket than you would if you bought the home yourself from day one.
So if you’ve been looking for a way to beta test the whole Airbnb game, this is your sign. Go and chat with my new friends at Summer and tell them that Zach from Behind the Stays sent you their way.
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About the Show
Behind the Stays is brought to you twice a week by Sponstayneous — a free, biweekly newsletter that brings subscribers the best last-minute deals and upcoming steals on Airbnb.
You can subscribe, for free, at www.sponstayneous.com.
Behind the Stays is hosted by Zach Busekrus, co-founder of Sponstayneous, you can connect with him on Twitter at @zboozee.