- SJREI Meeting
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SJREI Meeting January 12th, 2017 – 7:00 – 9:00 PM
Airbnb Expert Vikash Sachania
Join real estate investor Vikash Sachania at the San Jose Real Estate Investors Association (SJREI) meeting on Thursday, January 12th.
Attend the January meeting and learn:
• Why real-estate investors have increasingly considered buying primary or secondary homes and apartments with the primary intention of listing them on Airbnb
• An overview of the Airbnb investment opportunity
• Criteria investors need to consider for short-term rental purchases
• Regulations on short-term rentals
• Pros and cons of the short-term rental approach
A veteran in the trenches of Silicon Valley Fortune 500 companies, Vikash first launched his career with Hewlett-Packard back in 1985. He went on to innovate operationally-sound solutions for Silicon Valley’s major players for the next 28 years. But corporate success wasn’t enough for Vikash…
In 1990, Vikash successfully merged his tech wizardry with his passion for real estate. He made his first real estate purchase that year, followed by an outstanding string of residential real estate investments across 3 countries and 9 states, including California. For a period of 5 years, Vikash personally managed each of his investments to improve operational efficiencies of his investments. With a solid foundation in residential real estate endeavors, he has shown great success in single family homes, duplexes, and triplexes. During the credit crunch of the Great Recession, Vikash offered seller-financed homes to the under-served population. Today, he is an active investor in the performing and non-performing mortgage note instruments.
And, ‘since a rolling stone gathers no moss’, Vikash transformed some of his traditional lease rentals into short-stay rentals that are so well served by the newly minted shared economy. Airbnb awards Superhost status to the top 8% best performing hosts in the world, a feat Vikash achieved in less than three months of service. In his first year of service alone, his initial listing is a top 1% revenue earner among Mountain View’s 1200+ short stay listings.
Today, Vikash cherishes the time he can enjoy with his inspirational wife and his two college age sons. He enjoys travelling with his family to far parts of the world, plays golf in a competitive league and offers pro-bono mentoring to other real estate investors.