Growing a Short-Term Rental Business Through Acquisition with Nashville Stays' Founder Eric Lewis

The Real Estate Law Podcast

Joining us today is Eric Lewis, founder and owner of Nashville Stays. With years of experience in the short-term rental industry under his belt, Eric has a fascinating story to share about building his business from the ground up through both organic growth and strategic acquisitions. He's here to provide valuable insights into scaling a property management company and navigating the competitive Nashville market.

Learn about Eric's early days managing just a few properties part-time while working another job, and how he grew his portfolio over the years through networking and providing value to others. Eric also discusses his experience purchasing another company, nearly doubling his listings, and some of the legal considerations involved.

Jason and Eric provide helpful tips for others looking to scale their business through similar means. Overall, this episode gives a fascinating look into Eric's entrepreneurial path in the short-term rental space and how he continues to innovate and grow Nashville Stays into a leading property management brand.

Things we discussed in this episode:

- Eric's background and journey starting in short-term rentals.

- How Eric grew his business through organic growth and acquisition.

- The process of Eric acquiring another company called Nashville Stays.

- Legal considerations of purchasing an existing LLC and contracts.

- Strategies for retaining existing clients after an acquisition.

- Balancing a full-time job with growing a side business.

- Eric's experience going fully self-employed.

- Support and communication with Eric's partner during business decisions.

- Focusing on processes, team-building, and growth for Nashville Stays.

- Design considerations for short-term rental properties in Nashville.

Get in touch with Eric:

Website - https://nashvillestays.com/

Email - [e-mail]

Instagram - https://www.instagram.com/nashvillestays/

Linkedin - https://www.linkedin.com/in/eric-lewis-cpa-07638749/

Join Jason Muth of Straightforward Short-Term Rentals and Attorney / Broker Rory Gill of NextHome Titletown and UrbanVillage Legal in Boston, Massachusetts for another episode of The Real Estate Law Podcast!

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