We had the good fortune of connecting with Martha Vega and we’ve shared our conversation below.
Hi Martha, do you disagree with some advice that is more or less universally accepted?
That you need to OWN a home in order to become a real estate investor. I created a formula for myself with Short term rentals, where l now have 39 rentals I CASHFLOW monthly. Conventional real estate investors own the home, drop a huge down payment and and make a minimal ROI
What should our readers know about your business?
My fiancé, Chris Thomas and I found ourselves in a dark financial situation almost two years ago. I worked full time as a business banker and he was nurturing a failed start up. Out of desperation We YouTubed and googled binged several videos about Airbnb and short term rentals and immediately knew this was something we had to do. With limiting capital we started out by finding investors(people with money) to start their Airbnb business and we would find, furnish and list it for them for a fee. Within 2 months we started our first listing in a beautiful high rise in down town San Diego. This completely changed the game for us. Why? We were making money on our first rental while managing over 10 units at $500 each. We didn’t know that this would be paving the way to a million dollar empire that birthed our company. Being a mom and an entrepreneur has taught me to be resilient. I hope whoever is reading this, and is questioning whether or not they should take a leap Into their idea, business or invention, I challenge you to just do it.
Shoutout is all about shouting out others who you feel deserve additional recognition and exposure. Who would you like to shoutout?
If you don’t know who Chris Thomas is, than let me fill you in. I didn’t know 6 years ago I would be meeting my life time mentor. Someone who consistently challenges me to push beyond my own limitations to create new versions of myself. He sees opportunities in the face of adversity. I have never met a man of both words and action as Chris. He’s an EPIC soul. Follow him @getchristhomas
Other: Clubhouse @iammarthavega