Today on the show, Alex and Aziz interview Kim Meredith Hampton, a real estate entrepreneur who wears many hats in the industry, including being a broker, managing properties, and investing in short and long-term rentals. Kim also plans to branch out into commercial real estate and workspaces. Her experience provides great insight into finding and marketing short-term rentals and finding quality property managers to maintain properties and run the business.

Kim and her husband own three successful real estate businesses in Central Florida, managing around 3000 properties. They started their journey 30 years ago when Kim left her teaching job to become a leasing agent. They eventually founded their own business, Hampton and Hampton Management and Leasing, and two other brands focusing on short and midterm leasing and selling properties exclusively to investors. Kim’s experience and leadership skills led to completing a million-dollar rehab of a 300-unit property.

Kim hesitated to manage short-term rentals for a while but now manages 38 units and a rehab project for a client. Her success is thanks to her experience and efficient processes. She also has a cohost who is an assistant manager and enlists a good cleaning crew. While it has been a learning experience, Kim finds it manageable by being adaptable.