PageView

The Short-Term Shop

Sief Khafagi – Cofounder of Techvestor

Sief Khafagi – Cofounder of Techvestor

Listen to the whole Episode:
Hit us up on IG! @theshorttermshop & FB! @theshorttermshop
Sief Khafagi – Cofounder of Techvestor

In this podcast episode, Avery interviews Sief Khafagi from Tech Vester about their institutional-grade, passive investment options in the short-term rental market. They discuss how investors can benefit from equity growth, tax advantages, and cash flow without the operational burdens, thanks to Tech Vester’s syndication model, which manages everything from finding properties to running them.

Avery: Hey guys, welcome back to another episode of the Short Term Show. I have a super interesting guest today. I have Sief Khafagi from Tech Vester. Sorry, I lost my words from Tech Vester, really, really interesting things that these guys are doing over there.

I’ve heard John Bianchi on the show before, and he’s also with Tech Vester, so I’ll let him explain. Hey Sief, how’s it going?

Sief: I’m good, Avery. How are you?

Avery: I’m doing awesome. So, tell us a little bit about what Tech Vester is.

Sief: Tech Vester is one of the first institutional-grade passive options to invest in the short-term rental space. They really do what we do in a nutshell: we help you invest in short-term rentals without doing any of the work, and we literally mean none of the work. You don’t have to find the property, you don’t have to design it, you don’t have to get lending, or even operate it. We are a syndication for a lot with a better word, so you can invest as little as twenty-five thousand dollars with us.

Avery: So, you’re an accredited investor?

Sief: Yes, because we only work with accredited investors. You know you’re an owner or shareholder in a portfolio of 50 to hundreds of properties across the country. We’re geographically diversified, seasonality diversified, and really diversified across the board. You get all the benefits: cash flow, equity growth, tax benefits, everything you would as if you owned property yourself, but without any of the work or liability.

Avery: That’s really interesting, especially at this point in the history of short-term rentals as it’s being written.

Sief: Exactly. Even if you’re going to buy a property yourself and put it with a property manager, it’s really not passive. You still have to do a lot of things to get it there, and you’re actually working harder at the beginning to find a deal that works, where you can cut 20-25% off the top. It has to make sense.

Avery: For those who don’t know, could you explain what a syndication is?

Sief: A syndication is basically a partnership where you typically have a general partner and a limited partner. In this case, the general partner does all the work: finding the deal, operating it, hiring service providers, handling finances, working with lenders, managing property, etc. The limited partner, on the other hand, provides capital in exchange for ownership and gets limited responsibilities. They typically get paid a preferred return first, which means their capital is protected and paid before the general partner earns anything.

Avery Carl

Avery Carl

Avery Carl was named one of Wall Street Journal’s Top 100 and Newsweek’s Top 500 agents in 2020. She and her team at The Short Term Shop focus exclusively on Vacation Rental and Short Term Rental Clients, having closed well over 1 billion dollars in real estate sales. Avery has sold over $300 million in Short Term/Vacation Rentals since 2017. An investor herself, with a portfolio of over 100 Doors, Avery specializes in connecting investors with short term rentals with the highest ROI potential, and then training them to manage their short term rental from their smart phone from anywhere in the world.

Scroll to Top