No Vacancy The Podcast with Natalie Palmer

IT'S HAPPENING! We're officially buying a sleepaway camp – literally, picture the summer camp from The Parent Trap!This deal has been in the works since July, and 4.5 months later, we finally reached an offer with the seller. Today I'm taking you through the whole story of how this fell into our lap, including: The process of analyzing this deal What scared us from almost pulling out What convinced me to finally commit How we found investors The deal structure The short-term and long-term vision for this camp And of course, allllll the numbers! I feel like the last 8 years of my experience in this industry has been preparing me for this project, and cannot wait to reimagine what this property can be. This is the first of many updates about taking over this business so stay tuned! Thank you to our sponsor Lodgify – Take 20% off Lodgify’s most powerful plans with code novacancy20! Learn more about your ad choices. Visit megaphone.fm/adchoices

This week we’re overdue for some personal updates! Filling you in on: why I quit social media, the real reason behind why I stopped my coaching program, BTS of us maybe buying an overnight camp, and my big career shift into capital raising this year.  Oh, and did I mention baby #4 on the way?! Hope you enjoy this much needed catch up and long-winded ramble on my life as of late! Thank you to our sponsor Lodgify – Take 20% off Lodgify’s most powerful plans with code novacancy20! Learn more about your ad choices. Visit megaphone.fm/adchoices

This week on No Vacancy I talk with Ali Haney, host of the Brand & Market Podcast, who is a  branding and marketing expert. We get into some juicy strategies that you can implement to improve your listing's online presence today! But before we dive into that, Ali walks us through the painful months-long journey of her attempt to turn a gorgeous Bourbon Trail estate into a wedding venue. She did her due diligence on the regulation, ran the numbers, and knew the property was in good shape with no surprise repairs.  But what wasn't expected was the backlash the local community would feel towards this project. Ali takes us through the emotional rollercoaster and endless city meetings to fight for this deal, and how unfortunately, it ultimately failed. The good news? She was ready to pivot with a backup plan, and even though that property isn't a functional wedding venue today, it IS a profitable, cash-flowing STR. Ali is an open book, and if anyone has considered riskier projects, this episode is a must-listen on how to navigate emotional backlash and obstinate neighbors. Thank you to our sponsor Lodgify – Take 20% off Lodgify’s most powerful plans with code novacancy20! Learn more about your ad choices. Visit megaphone.fm/adchoices

It’s that time of year of again 👻 Our annual scary Airbnb stories episode is back for the 4th year in a row!  Craving more than just 3 stories in this year’s episode? Go back and binge the last ones!  Happy hosting and happy Halloween 🎃  Episode 129 Episode 80 Episode 28 Thank you to our sponsor Lodgify – Take 20% off Lodgify’s most powerful plans with code novacancy20! Learn more about your ad choices. Visit megaphone.fm/adchoices

Today I talk with Skyler Vaughn, cofounder of For The Love Of Upstate. You'll remember his partner Madi Johnson from episodes 96 and 156, and after having her on the show twice, it was finally time I convinced Skyler to join. Skyler is incredible when it comes to project management, and this skill is how FTLOU is able to crank out 6-7 property renovations per year, and is on track for 10-12 next year!  If you, like me, are the kind of investor who gets all excited at the Pinterest moodboard phase, but then cries multiple times during a project wondering why you subjected yourself to this torture, you will be fascinated by Skyler's ability to manage so many tasks at so many different projects all at the same time and make it look so effortless. Skyler shares with us the exact project management tools he uses, his SOPs, how he builds his team to get the job done, and his timelines for each project. This is a no-fluff episode, with practical tips you can implement right away on your next rehab. Connect with Skyler Invest with us! Thank you to our sponsor Lodgify – Take 20% off Lodgify’s most powerful plans with code novacancy20! Learn more about your ad choices. Visit megaphone.fm/adchoices

Kassidy Warren, real estate investor and founder of Escape Velocity, shares his velocity of money approach to short-term rentals and hotels. He explains how leverage, forced appreciation, equity and tax strategies can multiply returns. Expect practical talk on community, mentorship, deal selection and thinking bigger to scale faster.

This week I chat with Heather Mueur who is the owner, founder, and visionary behind The Embers, a glamping and RV resort in Branson, Missouri. Heather and her husband Ryan built and sold an auto parts business, and used the proceeds from that to purchase this abandoned campground.  Heather takes us through the 2-year process of permits, plans, and construction, as well as the financing process–everything from SBA loans to finding investors. I asked all about the additional income streams they created, including an onsite laundromat and coffee shop. And you'll also hear how she grew her social media account from a couple hundred followers... to over 100,000 from LITERALLY JUST ONE POST. Lastly, Heather teases us on her newest project, a boutique motel located just a couple miles from her campground which will be slowly renovated in phases to accommodate existing reservations! Connect with Heather @roaminghomeheather Follow @theembersbranson Thank you to my sponsors! Lodgify - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Link⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Receive 20% off Lodgify’s most powerful plans with code NoVacancy20 at checkout Proper - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Link⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Visit the link to claim your free risk assessment with Proper. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week I got to speak with Erin Dalton-Cooney, the Head of Property Management Design at Wayfair Professional. Erin is a wealth of knowledge in this industry, and in her role she's gained experience overseeing design and set up for every type of property from STRs, MTRs, boutique hotels, and unique resorts.  She shares with us today how Wayfair Professional is the secret weapon that designers are using to take shipping consolidation and install completely off their plates. If the pro designers trust Wayfair Professional, you should too!  Erin teases us with what's coming next for Wayfair Professional, what they have to help you now, and how they are saving hosts serious time and money, so you can get back to what you do best – investing! Check out mine and Tatianna Taylor-Tait's official Wayfair Tastemaker collection HERE Connect with @wayfairproffesional on Instagram Thank you to my sponsors! Lodgify - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Link⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Receive 20% off Lodgify’s most powerful plans with code NoVacancy20 at checkout Proper - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Link⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Visit the link to claim your free risk assessment with Proper. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week I'm excited to be talking with Devana Cavé from The House of Courage, a collection of sober living homes that Devana owns and operates. Forget everything you've ever known or pictured about a sober living home, because Devana does things completely different. Yes, she's a real estate investor, but what sets her business apart is the care she takes with every single house guest. From the colorful designs and nice furniture she invests in, to custom built bunks that offer total privacy, to the care package that every new house guest receives on arrival, Devana has made sure that what she offers is so much more than "heads in beds". If you've been interested in investing in co-living spaces, but aren't sure if sober living is the right avenue for you, this episode will encourage you in how fulfilling and rewarding this type of real estate can be. Devana wants to be very clear – this is NOT for everyone! But if you feel called to offer an experience like this, you'll get to hear first hand how thoughtfully you can approach this for the people who need it most. Check out some of the resources Devana mentioned: narronline.org The Sober Living Network Find Devana on instagram @devanainvests Thank you to my sponsors! Lodgify - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Link⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Receive 20% off Lodgify’s most powerful plans with code NoVacancy20 at checkout Proper - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Link⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Visit the link to claim your free risk assessment with Proper. Learn more about your ad choices. Visit megaphone.fm/adchoices

This week I'm going solo on the mic breaking down every nitty gritty detail of my latest project... drum roll please... raising investor capital for a luxury, waterfront Upstate New York property! As I write this, I'm happy to announce we officially closed and all funds have been wired. All that to say, I definitely made some mistakes with how I went about this. And today I'm sharing the good, the bad, and the ugly. In this episode I'll take you through the entire process, start to finish, and detail what worked and what definitely did not. As promised, here's the investor interest form I mentioned in today's episode. Either copy it for your own purposes, or fill it out if you want to partner on a future deal! Episode 156 with Madi Johnson Thank you to my sponsors! Lodgify - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Link⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Receive 20% off Lodgify’s most powerful plans with code NoVacancy20 at checkout Proper - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Link⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Visit the link to claim your free risk assessment with Proper. Learn more about your ad choices. Visit megaphone.fm/adchoices