I Bought This 400 sq ft Condo for $1M… Now It Pays for 2 Homes (STR Reality) | Kareem Sanjaghi

Ever wonder how a beachfront condo in Provincetown could become a gold mine?

In this episode, we sit down with Kareem Sanjaghi—Prideaway Stays’ very first client—to hear how he went from mortgage officer to full-time musician and savvy real estate investor. Kareem shares the story behind his short-term rental success, the importance of location in the Cape Cod market, and the ups and downs of managing property in a seasonal town. We dive into building strong partnerships, navigating challenges, and blending personal passion with smart investing. If you're curious about turning property into profit, this conversation is a must-watch.

Things we discussed in this episode:

• Kareem Sanjaghi’s journey from mortgage officer to full-time musician and real estate investor.
• The story of Kareem becoming the first client of Pride Away Stays and how that partnership began.
• Details about Kareem’s Provincetown beachfront condo, including its location, size, and unique features.
• The importance of location and seasonality in maximizing short-term rental revenue in Provincetown.
• Overcoming challenges with previous property management and improving guest experience.
• Navigating HOA dynamics and the importance of communication with other unit owners.
• Handling unexpected issues (e.g., construction, alarms, maintenance) and setting guest expectations.
• The financial benefits of real estate ownership, including cash flow and tax advantages.
• Kareem’s personal growth, balancing music and real estate, and his transition to pursuing music full-time.
• The value of strong partnerships, open communication, and learning from both successes and setbacks in property management.

Get in touch with Kareem:

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

Facebook - https://www.facebook.com/thekareemofthecrop

Website - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.kareemdrums.com/

#SmartStayShow #realestate #realestateinvestor #realestateagent #RealEstateInvesting #ShortTermRentals #Provincetown #CapeCod #PropertyManagement #Entrepreneurship #VacationRental #MusicianLife #SmartInvesting #PersonalGrowth

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