Ep. 262 Dr. Chau Ong Talks Corporate Rentals

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Dr. Chau Ong Talks Corporate Rentals

Dr. Chau Ong joins the Invest Florida show to discuss corporate housing arbitrage. It’s not long term rentals and it’s not AirBnB. It’s a combination of the 2 and his strategy allows you to ramp up cash flow fast, and you don’t need the capital you think you do to get involved. Dr Chau is a Vietnamese immigrant and comes from humble beginnings. He has a fascinating story. Check it out!

Key Discussion Points

[01:03] Introduction by Eric & Steven
[05:03] About our guest: Dr. Chau Ong
[06:13] How did you get to where you are today?
[10:03] How does it work to use other people’s property?
[10:54] So for a particular property, what would you rent it for, and what would you lease it for?
[13:12] With regard to short and long-term rental, what has been your experience with the market in Florida?
[14:51] What does a typical corporate Florida resident look like for you?
[16:40] How do you find the people who will lease you their home?
[18:43] Where do you get the furniture when renting out the leased properties?
[19:51] How do you deal with neighborhoods who don’t want short-term rentals in their neighborhood?
[22:20] Which works best for your business: Single family home? Townhome? Apartment?
[25:55] What type of landlord would want to rent to you?
[27:52] How can people reach you?
[28:59] Motivational story
[38:37] Closing comments by Eric & Steven


About our Guest

Ep. 262 Dr. Chau Ong Talks Corporate Rentals

Dr. Chao Ong is an immigrant from Vietnam. He came to America aspiring to live the American dream. He worked hard for eight years and earned his MBA and doctorate in pharmacy. And he was well on his way to the American dream. And then he discovered the American dream was not what he thought it was going to be.

He was determined to have financial freedom, so he explored a variety of businesses and opportunities. He had an epiphany one day and discovered a method called OPP using Other People’s Properties to master lease and sublet it out to companies. And that’s how he achieved success. And after just two years in this business, he’s been able to achieve time and financial freedom and retire in his early thirties.

GUEST CONTACT INFO

Website: beyondbnbsecrets.com
Instagram / TikTok: drchaubnb
Facebook: chauong
LinkedIn: Dr Chau Ong

Ep. 261 Eric & Steven Return from an Involuntary Leave of Absence and Talk the Florida Market

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Eric & Steven Talk the Florida Market

Good to be back! Eric Odum and Steven Silverman took an involuntary break for a few weeks while Eric healed. They return to discuss what happened…and what is going on in the Florida market since they have been away.

Key Discussion Points

[01:11] Introduction by Eric & Steven (discussion about Eric’s accident / why they’ve been away for 2 months)
[04:00] Recap of what’s been going on in the market (banks collapsing, etc)
[07:50] Why Florida is more insulated from economic issues relative to other parts of the country
[10:33] Discussion about the residential market
[13:54] Discussion about the commercial side
[14:52] What’s been going on in the Office Market?
[20:58] Cap rates
[23:49] What does the future hold?
[29:43] Closing comments by Eric & Steven


About our Guest

Florida Investment Real Estate provides turnkey real estate investment solutions for our clients. With a diverse background in Florida’s commercial real estate markets, Florida Invest Real Estate offers investment services for individual and institutional investors seeking retail, multifamily, and medical office properties of $500k to $10m.

Florida Investment Real Estate provides comprehensive investment services beyond basic real estate brokerage, assisting clients with deal sourcing, property management, and disposition

GUEST CONTACT INFO
Website: investfloridashow.com