From 0 to 40+ Properties & a Hotel That Pays for His Life | Alex Steeg

If you want to run your STR business on autopilot by a bunch of Ai Agents then join us for a two day hands on Ai workshop on September 29-30.

Register here: level.strsecrets.com/aisummit2

From one duplex to 40+ short-term rentals and a hotel that pays for his whole life — Alex Steeg proves you don't need a real estate background to build real wealth.

In this episode, Mike and Mike sits down with Alex Steeg, co-founder of Shore Way Management. Alex and his wife Rachel started in 2018 with one property, zero experience, and a simple plan to "buy a duplex a year." A random Craigslist job post pulled them into the short-term rental world. Just 10 months later, Alex quit his day job for good.

Fast forward to today: they manage 40+ short-term rentals and own a 10-room hotel. Alex runs the hotel in just two hours a week, and the profits alone cover all of his family's living expenses.

In this conversation, we cover:

How Rachel landed 2-3 clients in her first week using simple cold outreach

The mental shift that made them hire their first VA (and why they waited too long)

Taking a hotel from losing $70K a year to making huge profits

The true differences between managing short-term rentals versus a hotel

Why hotels build wealth while rentals build cash flow (and the simple math behind it)

Growing revenue by 40% in a year without adding new listings