The Cohost Bros

If you've ever thought about selling your STR business someday, this episode is a must-listen. Matt and Austin sit down with Dylan Burgess, VP of Mergers and Acquisitions at C2G Advisors, the leading M&A advisory firm in the short-term rental industry. With nearly 10 years in the space and 36 acquisitions under his belt, Dylan has worked with some of the biggest names in the industry, including Vacasa and VTrips, and now helps vacation rental managers buy, sell, and maximize the value of their businesses.Dylan breaks down exactly what buyers are looking for, how businesses are valued, why your homeowner contracts and fee structure matter more than you think, and the hidden revenue streams most operators are leaving on the table. Whether you have 5 units or 500, the decisions you make TODAY will determine what your business is worth TOMORROW.In this episode, you will learn:Why standardizing your contracts and operations early is critical for a future exit, what a healthy profit margin actually looks like in the STR space (Dylan gives you the real numbers), how cleaning, maintenance, and damage waivers are some of your biggest untapped revenue opportunities, what makes a business "sticky" and attractive to serious buyers, and when the right time is to reach out to an advisor even if you are not ready to sell yet.This is one of those episodes that will change the way you think about your business. Do not sleep on it.Connect with Dylan Burgess and C2G Advisors at www.c2gadvisors.com or find him on LinkedIn.👥 Follow The ShowThe Co-Host Bros Podcast Instagram: @cohostbros Facebook: @cohostbros YouTube: @cohostbros TikTok: @cohost.bros⸻Follow the HostsMatt Codd Instagram: @creativecodds TikTok: @creativecodds Facebook: @matt.codd.3 LinkedIn: https://www.linkedin.com/in/matthew-codd-9a3761375/Austin Spitzenberger Instagram: @austin_spitzz TikTok: @austin_spitzz Facebook: @austin.spitzenberger LinkedIn: https://www.linkedin.com/in/austin-spitzenberger-70481111b/

In this episode of The Co-Host Bros Podcast, Matt Codd and Austin Spitzenberger sit down with Cody Wood, founder of Ghost Hosts, a company that helps vacation rental operators build stronger systems, leadership structure, and scalable operations.Cody’s journey into short-term rentals started with a simple house-hacking strategy in Houston while transitioning out of an engineering career. What began with renting spare bedrooms quickly turned into something much bigger when he partnered with an operator managing 75 vacation rentals.But rapid growth exposed a massive problem: the business had no real systems, processes, or organizational structure.Within eight months the portfolio exploded to 156 properties, creating chaos behind the scenes. That experience forced Cody to rethink what real growth in property management actually looks like.Instead of chasing unit count, Cody helped restructure the company, cutting the portfolio down to around 60 properties while maintaining the same revenue, dramatically reducing operational complexity and stress.That experience ultimately led him to launch Ghost Hosts, where he now helps vacation rental operators as a fractional COO and CRO, working alongside property management companies to build operational frameworks that support sustainable growth.In this episode, we discuss:• Cody’s transition from engineering into short-term rentals • Starting with house hacking and scaling quickly into property management • The operational chaos of growing from 75 to 156 properties • Why reducing the portfolio to 60 properties produced the same revenue • The biggest operational mistakes STR operators make when scaling • Why many property managers lack defined org charts and leadership structure • The importance of the Visionary vs Integrator roles in growing companies • Why systems and processes matter more than technology platforms • How Ghost Hosts helps operators build better businesses through fractional leadershipCody shares practical insights from operating at scale and explains why many property managers unintentionally build businesses that are far more complicated than they need to be.If you're a vacation rental operator, property manager, or entrepreneur trying to scale responsibly, this conversation offers a clear look at what it actually takes to build a sustainable hospitality business.Learn More About Ghost Hosts🌐 https://getghosthosts.com/Ghost Hosts provides fractional COO and CRO services for vacation rental operators, helping property managers improve operations, revenue management, and leadership structure as they grow.Follow the HostsMatt Codd Instagram: @creativecodds TikTok: @creativecodds Facebook: @matt.codd.3 LinkedIn: https://www.linkedin.com/in/matthew-codd-9a3761375/Austin Spitzenberger Instagram: @austin_spitzz TikTok: @austin_spitzz Facebook: @austin.spitzenberger LinkedIn: https://www.linkedin.com/in/austin-spitzenberger-70481111b/

In this episode of The Co-Host Bros Podcast, Matt Codd and Austin Spitzenberger sit down with Phillip and Kate Munoz, a husband-and-wife team who turned a single beach house idea into a growing short-term rental portfolio and management company.Their journey started in 2020, when Phillip — already investing in long-term rentals — started listening to STR podcasts and convinced Kate (while she was very pregnant) that they should jump into vacation rentals. The pitch? A beach house.That one decision launched them into a business that has since grown to six personally owned STR properties and more than a dozen co-hosted homes, operating across Florida’s beach markets and the Smoky Mountains.As their experience grew, Phillip noticed a recurring problem: most real estate agents simply don’t understand vacation rental investing. That realization led him to join the Savvy Realtor team, where he now helps investors identify and acquire properties that actually perform as STRs.Together, Phillip and Kate now help investors not only buy better vacation rentals, but also operate them more profitably through hands-on management and real-world operational knowledge.In this episode, they discuss:How their STR journey started with one beach house in 2020Growing from a few rentals to ~20 total propertiesOperating in both Florida beach markets and the Smoky MountainsThe biggest mistakes new STR investors makeWhy many Realtors fail vacation rental investorsHow Phillip became a Savvy Realtor specializing in STR propertiesThe revenue potential many vacation rental owners leave on the tableWhat it’s really like running a hospitality business as a married coupleThis episode is packed with honest insights about scaling a vacation rental business, buying the right properties, and turning STR investing into a full-time operation.👥 Follow the HostsMatt Codd Instagram: @creativecodds TikTok: @creativecodds Facebook: @matt.codd.3 LinkedIn: https://www.linkedin.com/in/matthew-codd-9a3761375/Austin Spitzenberger Instagram: @austin_spitzz TikTok: @austin_spitzz Facebook: @austin.spitzenberger LinkedIn: https://www.linkedin.com/in/austin-spitzenberger-70481111b/

In this bonus episode of The Co-Host Bros Podcast, Matt Codd and Austin Spitzenberger sit down with Tera Lorimer, a luxury vacation rental operator with nearly two decades of experience in the industry and the current President of VR Nation.Tera’s journey started in 2001 as a custom home builder, constructing vacation homes near Mount Baker, Washington, one of the snowiest places in North America. Over time she transitioned into managing many of those homes herself, building a luxury STR management business focused on high-end properties in gated communities near the ski resort.Through years of growth, mistakes, and hard lessons, Tera developed a strong brand built around quality standards, clear expectations, and learning when to say no to the wrong properties.In addition to running her management company, she now serves as President of VR Nation, an organization focused on connecting professional operators, vendors, and leaders in the vacation rental industry.In this episode, we discuss:• How Tera transitioned from builder to luxury STR operator • Managing vacation rentals in the Mount Baker ski market • Why saying no to the wrong properties is critical for long-term success • How the vacation rental industry has evolved over the last 20 years • The growing consolidation and professionalization of STR management • What VR Nation is doing to support operators and industry collaborationIf you're building a vacation rental business or looking to connect with leaders shaping the industry, this episode offers perspective from someone who has been in the space since long before STRs became mainstream.🎟️ VR Nation ConferenceIf you want to connect with operators and vendors across the vacation rental industry, check out the VR Nation Conference in Denver.🌐 https://www.vrnation.com/Use code cohostbros to get $100 off your ticket. (All lowercase)👥 Follow the HostsMatt Codd Instagram: @creativecodds TikTok: @creativecodds Facebook: @matt.codd.3 LinkedIn: https://www.linkedin.com/in/matthew-codd-9a3761375/Austin Spitzenberger Instagram: @austin_spitzz TikTok: @austin_spitzz Facebook: @austin.spitzenberger LinkedIn: https://www.linkedin.com/in/austin-spitzenberger-70481111b/

In this episode of The Co-Host Bros Podcast, Matt Codd and Austin Spitzenberger sit down with Mike Kitko, a recovered Fortune 500 executive leader, former Marine, and founder of Inner Wealth.Mike shares a raw story of everything collapsing: two high-level executive roles lost, a home that felt like a battlefield, his wife battling pharmaceutical addiction, his own drinking at toxic levels, and a moment where he seriously considered ending his life. From that rock-bottom point, he rebuilt through daily discipline and identity-level change, anchored by the principles in The Slight Edge.This conversation is about the stuff underneath business: leadership, nervous system regulation, imposter syndrome, and why your “inner world” determines your results, relationships, and ability to scale.In this episode, we cover:Why you “can’t fight a war on two fronts” (home and work)How sobriety, reading, meditation, coaching, and routines became the turning pointThe leadership shift of fixing yourself first instead of trying to fix everyone elseThe difference between chasing success and building capacity for successMike’s take on imposter syndrome as nervous system dysregulation and old identityWhat it means to lead teams at a world-class level while keeping the wheels on at homeMike also shares about his work through Inner Wealth Mastermind, and his books The Imposter in Charge and Inner World Outer World.✅ Like, subscribe, share, rate, and follow the show on your favorite podcast platform.👥 Follow the hostsMatt Codd Instagram: @creativecodds TikTok: @creativecodds Facebook: @matt.codd.3 LinkedIn: https://www.linkedin.com/in/matthew-codd-9a3761375/Austin Spitzenberger Instagram: @austin_spitzz TikTok: @austin_spitzz Facebook: @austin.spitzenberger LinkedIn: https://www.linkedin.com/in/austin-spitzenberger-70481111b/

In this episode of The Co-Host Bros Podcast, Matt Codd and Austin Spitzenberger sit down with Josh George, founder of Deja Vu Vacation Rentals in Southern California.Josh shares his unconventional path into short-term rentals — from directing and working in Apple’s advertising department to managing nearly 60 vacation rentals full time.The conversation dives deep into one major decision that tested his business philosophy: turning down a six-figure commission opportunity from a high-end client who wanted to pay below his standard rates.Instead of chasing the money, Josh chose to protect his margins, brand positioning, and long-term growth strategy.In this episode, we cover:Transitioning from film and advertising into STR managementScaling to 60 properties in competitive California marketsSetting commission standards (25% model breakdown)The real cost of high-maintenance luxury ownersWhy saying “no” can be a growth strategyAvoiding dangerous pricing precedentsGrowth vs. profitability decisions in property managementIf you manage properties, are building a portfolio, or are navigating commission negotiations, this episode is a practical case study in protecting your business long term.👥 Follow the HostsMatt Codd Instagram: @creativecodds TikTok: @creativecodds Facebook: @matt.codd.3 LinkedIn: https://www.linkedin.com/in/matthew-codd-9a3761375/Austin Spitzenberger Instagram: @austin_spitzz TikTok: @austin_spitzz Facebook: @austin.spitzenberger LinkedIn: https://www.linkedin.com/in/austin-spitzenberger-70481111b/

In this episode of The Co-Host Bros Podcast, Matt Codd and Austin Spitzenberger sit down with Simon Seroussi, founder of SuiteOp, to talk about distribution, OTAs, and what short-term rental operators can learn from the hotel industry.Simon brings nearly a decade of experience from the hotel software world, including time at TravelClick before it was acquired by Amadeus — one of the largest travel technology companies globally. His background gives him a unique perspective on how booking platforms, reputation, and distribution systems actually work behind the scenes.The conversation explores how early experiences in New York experimenting with Airbnb evolved into deeper strategic thinking about optimization, positioning, and platform dynamics.In this episode, we cover:How Simon transitioned from hotel tech to short-term rentalsWhat OTAs are really optimizing forWhy reputation matters more than ever in hospitalityLessons the hotel industry learned that STR operators often missEarly Airbnb adoption and platform evolutionThe future of distribution and positioning in short-term rentalsThis episode is ideal for operators who want to understand the mechanics behind booking platforms and build smarter, more resilient businesses.👥 Follow the HostsMatt Codd Instagram: @creativecodds TikTok: @creativecodds Facebook: @matt.codd.3 LinkedIn: https://www.linkedin.com/in/matthew-codd-9a3761375/Austin Spitzenberger Instagram: @austin_spitzz TikTok: @austin_spitzz Facebook: @austin.spitzenberger LinkedIn: https://www.linkedin.com/in/austin-spitzenberger-70481111b/

In this episode of The Co-Host Bros Podcast, Matt Codd and Austin Spitzenberger sit down with Sam Hirst, a short-term rental marketing operator who helped scale some of the most viral themed vacation rentals in the country — and later grew STR tech platforms to tens of thousands of listings.Sam started with Loma Homes, a company known for extreme themed vacation rentals near Disney that went viral and were featured in major publications like Forbes and Travel + Leisure. What began as an admin role turned into leading marketing during a period of explosive growth.From there, Sam joined the founder to build Intellihost, an optimization platform helping STR owners rank higher on OTAs and increase revenue. As head of marketing and sales, he helped scale:0 → 40,000+ listings on IntellihostA 7-figure revenue run rateRevenue IQ from 0 → 600+ users and 1,400+ properties under managementA multi-person sales team with a repeatable calendar-filling systemIn this episode, we cover:How extreme themed homes went viral near DisneyWhy having a remarkable product makes marketing easierHow to rank higher on Airbnb and other OTAsThe fusion of AI, listing optimization, and pricing strategyBuilding scalable sales systems in STR techWhat most hosts misunderstand about marketing vs. productThis is a must-listen for STR operators who want to understand how marketing, optimization, and positioning actually drive revenue at scale.👥 Follow the HostsMatt Codd Instagram: @creativecodds TikTok: @creativecodds Facebook: @matt.codd.3 LinkedIn: https://www.linkedin.com/in/matthew-codd-9a3761375/Austin Spitzenberger Instagram: @austin_spitzz TikTok: @austin_spitzz Facebook: @austin.spitzenberger LinkedIn: https://www.linkedin.com/in/austin-spitzenberger-70481111b/I

In this episode of The Co-Host Bros Podcast, Matt Codd and Austin Spitzenberger sit down with Jack Zoppa for a grounded conversation about building short-term rentals with clarity, discipline, and intentional decision-making.Jack shares how he evaluates risk, why patience matters more than speed, and how too many operators get caught up chasing trends instead of building something sustainable. The conversation centers on slowing down, understanding your numbers, and making decisions that still make sense years down the road.In this episode, we cover:How Jack approaches risk and decision-making in STRsWhy long-term thinking beats short-term excitementCommon mistakes operators make when moving too fastThe importance of discipline, planning, and patienceHow to avoid hype-driven decisionsBuilding STRs in a way that supports consistency and stabilityThis episode is ideal for hosts and investors who want a calmer, more strategic approach to short-term rentals and value making smart decisions over fast ones.👥 Follow the HostsMatt Codd Instagram: @creativecodds TikTok: @creativecodds Facebook: @matt.codd.3 LinkedIn: https://www.linkedin.com/in/matthew-codd-9a3761375/Austin Spitzenberger Instagram: @austin_spitzz TikTok: @austin_spitzz Facebook: @austin.spitzenberger LinkedIn: https://www.linkedin.com/in/austin-spitzenberger-70481111b/

In this episode of The Co-Host Bros Podcast, Matt Codd and Austin Spitzenberger sit down with Mike Stone, a short-term rental operator and savvy Realtor in the Arizona market, for a grounded conversation about what it actually takes to operate STRs responsibly.Mike brings a practical perspective shaped by hands-on experience in both real estate and short-term rentals. Rather than chasing hype or quick wins, he talks through the realities of learning through trial and error, building solid processes, and understanding the responsibility that comes with operating properties and advising clients.In this episode, we cover:What Mike has learned from operating STRs firsthandHow his experience as an Arizona Realtor shapes his decision-makingWhy many hosts underestimate the responsibility involved in STRsThe importance of process, consistency, and ownershipLessons that only come from real-world experienceWhy focusing on fundamentals beats chasing trendsThis episode is ideal for listeners who want an honest, experience-driven perspective on short-term rentals and real estate, especially those building for stability and long-term success.👥 Follow the HostsMatt Codd Instagram: @creativecodds TikTok: @creativecodds Facebook: @matt.codd.3 LinkedIn: https://www.linkedin.com/in/matthew-codd-9a3761375/Austin Spitzenberger Instagram: @austin_spitzz TikTok: @austin_spitzz Facebook: @austin.spitzenberger LinkedIn: https://www.linkedin.com/in/austin-spitzenberger-70481111b/