May 22, 2023
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
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