
Making short term rental life easier with HostGPO's Jeff Iloulian
- E127
- 38:19
- March 8th 2023
Looking to save money on your short-term rental business? Look no further than Host GPO! In this episode, Join Steve as he sits down with CEO Jeff Iloulian to share how he founded HostGPO to help vacation rental operators save money on everything from linens to furniture. Plus, Jeff offers tips for new hosts setting up their properties. Tune in to learn more and discover the benefits of HostGPO. And remember to mark your calendar for the upcoming Hawaii Millionaire Mindset 2.0 conference happening on June 29 through July 1 at Mauna Lani resort in the Big Island!
Revolutionizing the Short-Term Rental Industry with Exclusive Deals and Unique Products
HostGPO is an international Group Purchasing Organization for the short-term rental industry, providing members with access to the best deals on furniture, supplies, and services from top retailers and vendors. The partnerships have been specially negotiated, resulting in better rates than standard trade discounts. HostGPO also offers unique products only available in large hotel chains. HostGPO was created by CEO Jeff Iloulian, who was motivated to solve his problem while operating a vacation rental company for seven years. The company aggregates similar companies and negotiates discounted bulk pricing from big brands. In addition, HostGPO offers pre-packaged items to make setting up new properties easier for hosts. Panic buying should be avoided to prevent hurting margins.
About Jeff Iloulian:
Jeff has been in the vacation rental industry for nearly a decade. He has set up, managed, and operated over 250+ vacation rental properties–from cozy cabins in the woods to luxury mansions in Beverly Hills. Additionally, Jeff has successfully grown several businesses and is passionate about interdisciplinary problem-solving in emerging industries. He firmly believes that the further you push outside your comfort zone, the more significant that area becomes. With a background in Economics and Philosophy from Columbia University and a JD from UCLA School of law, Jeff spent three years as a lawyer practicing Business Litigation, Intellectual Property, and Cybersecurity before becoming an entrepreneur. In his free time, Jeff enjoys playing music, eating tacos, and traveling.
Outline of the episode:
1:08 How HostGPO is Revolutionizing the Short Term Rental Industry
4:06 Saving Money on Furnishing Your Property with High-Quality Items
7:00 The Importance of Quality in Short-Term Rental Listings
12:22 How Investing in Quality Can Make a Big Impact
15:17 Why a Small Inventory Closet is Essential for Short Term Rentals
19:54 The Convenience of Using HostGPO
24:52 Navigating Business Success with an Open Mindset
28:48 Exploring the Benefits of Meditation
34:21 Streamlining Short-Term Rental Operations with Group Purchasing Organization (GPO)
Connect with Jeff Iloulian:
LinkedIn: https://www.linkedin.com/in/jeff-iloulian-bb0b6829/
Facebook: https://www.facebook.com/hostgpo/
To Log In, visit: https://members.hostgpo.com/accounts/login/
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This is for busy professionals who are looking for financial freedom through passive income, with a focus on cashflow assets in Multifamily Real Estate. We will be covering a variety of topics such as buying, managing, and selling real estate assets, specifically apartments.
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