Triangle Luxury: What's New in 2023?

All right, everybody, welcome back to the Boostly podcast where we give hosts all over the world the tools, the tactics, the training and the confidence to go and increase their direct bookings. Now, this is a very special episode because an episode 487 of the boosted Podcast, we introduced everybody to Triangle. Mariah Rockman is above me now, and we are going to delve into questions from the Boosted community that have come in since then that Mariah wanted to answer and I wanted to get back on to answer because it is very important. Now, reason why this is important, and I mentioned this a lot in the Boostly community, is that you need to have multiple arms of revenue in your business. If you look at Amazon, they've obviously got the main shopping site, but they've also got prime, they've got the cloud computing that they do, they've got Supermax. They've got so many different arms of revenue coming to their business. And the thing that I'm stressing a lot in 2023 is that the actual price that you get for your booking for your accommodation should be the lowest factor that you have in the whole of your business. It there should be so many other arms of your business that is driving profit and revenue to help your business grow because there's only a limited amount of property and revenue that you have. It's only a certain amount of heads on beds. So the ways that you can do this is by tapping into new business models like Triangle and others that can help do so. So this is why it's really important. And there's some really cool updates that Triangle have been doing over the last sort of six months that I wanted to put in front of you.

So. So.

All right, thank you so much for joining. Again, if anybody wants more information on Mariah, like literally just type in Boost Lee, Mariah Rockman onto Google. And we've done many podcasts so you can find out the history, how it all got started, yada, yada, yada. But this is all about the updates and how everybody can get started. So we've got four pretty main questions that have come in. So, Mariah, thank you so much for joining.

Thanks, Always a pleasure and great, great timing starting this, you know, this with you. Exactly.

Amazing. So the first question, let's just get straight in again, if you want to find out the background and the history487, just type into Google Boostly podcast episode 487 and it'll bring it up. But the main question is, what have you been doing since we last spoke in September 2022 what have been the main updates to Triangle? And what can you share with us?

Okay, so lots a lot of new updates. And we reached out into many new destination and new countries. So. So today in Triangle investors can find str with very high yield and interesting ones around the globe growing by different countries almost every day. We reached out into something that can be very, very interesting for the boostie community. And exactly going on the same line of what you suggested of diversity or income sources and expand your hands into different fields. Did you ever think Mark about the possibility that we as property managers will get completely new amazing properties, new properties in the market before anybody else? Not because the homeowner reached out to us, but because the construction company already in touch with us. And believing that because of your power to give an estimation of how this beautiful apartment or villa going to be an amazing str your knowledge. This is why people will buy this property. And of course you will be the one to manage it. So thinking about this, we already put in place in a Triangle some properties that are newly built just like this one. You can see it here. This is the way that property, sorry investors are looking at Triangle. We can see this property in Cyprus is newly built. And we believe that this property can create a forecast of 18%. How can it create a forecast of 18%? Property manager from Cyprus was there checked the position check the size of the of the property and that was their estimation. And this is why somebody might decide to buy it. This is one interesting feature that we adding right now. The communication with transparent that will give some database of the market. This database will make you also looking at how your management is looking towards the market that you are in. Are you standing there the average nightly rate? Are you above? Are you below? Is your pricing is the right one in some other product just like yours. It will be very easy for you to see and also for investors to see other new things. Is finally now with Triangle. You'll be able to share one sign of this specific property that you shared with Triangle for sale. And you will be able to share your beautiful work done for this homeowner for the last few years. Your history and your achievements. And by doing that you can also shake hand with real estate agent that will help you sell these properties maybe in a legal way to our investors. Interesting to buy this beautiful SDR with your beautiful world and your continuity.

The big thing that I've noticed on the on the website and everybody please do go and check it out. It's triangle luxury.com is when we last spoke you said that you were sitting on about $700,000 or euros in property investment. Now it's gone to 1 billion. Can you just sort of talk to how you've managed to go from growth in such big numbers, what's been the message and how you've been able to get to such a high valuation?

So first of all, some of it is also thanks to the boostly community and other property managers that been enrolled to Triangle and just start to upload some properties from their collection. Actually if you think about it, we the property managers, if we are one of the of the first people to know if a property is about to be sold after the homeowner probably discussed with their, with their wives or the other way around with their husbands. And why is that? It's because we are managing these properties. We are taking bookings right in one point. Maybe they want us to stop, they want us to change strategy. So we are knowing this before and ahead and this is exactly the moment to act or even before that, if we know that homeowner is thinking about buying something new, this is the moment to act and suggest them to, to give you the possibility to be involving the sale from their side. Don't forget that they are the one rewarding you as well and can be. Real estate percentage in most countries is 2 to 3% from the sale of the. Of the property. It can be worth like a lot, a lot a lot of bookings that we take in in the everyday life. But more than anything the continuity you will be the one contributing continuing with the new homeowner. So yes, this way we grew up and you'll be surprised that also existing, you know, guests of ours wanted to, to. To share their properties in Triangle. And the other way around, some, some property managers are also interested to put properties of them for sale and also interested to buy. So sometimes we have also somebody that's having both hats on. And this is before we are finishing our connectivity, direct connectivity with Guesty. Uh, over there we everything will be within a click and then we believe that this 1 billion number will be multipart or even more so that Guesty.

API connection is fantastic and I hope everybody picks up because obviously at the, at the moment you have to go in and manually update your details. But now Triangle has got a channel into Guesty so that means that you literally with one click will be able to sync in all of your properties. Now the big question that came back to us as we circled this around the Boothly community was I Don't own the property. I am a management company or I do rent to rent. Can I still list the property? Can I still work with the landlord to have the property?

But of course we were not reaching out to property owners. We are reaching out for property managers. Guys, I want to give you a glimpse again about how does it look from the inside for you to understand that it's all about you, your knowledge and your time to celebrate the fact that you are managing these properties and giving it the asset, giving it the valuation. Okay. You are the one that taking the same price of three villas or three apartments in the same street and giving it an added value because of your management and the money that this house is creating. So in this website of ours that I know that Matthew probably will share, you will understand everything about your role. And definitely you don't need to own any property. You should be managing as many properties, holding the knowledge and sharing it before the real estate agent knows about it. With Triangle forward Triangle is an investors club that are exposed to all these beautiful properties that you're sharing with us and they have the choice to go and to see your different properties. You know if we will look for example at this property, I'm sharing it with you right now. My own back end, you know of, of the property management. We will see a property that we shared here. I'm, I'm specifically want to share it with you because we sold this property, guys, and I want to share it with you. It was easy peasy. We shared the pictures here. It's not even in the nicest resolution but you know you can share it all. It's moving beautifully. You're sharing the floor plans that you can get from the homeowner and the property. Sorry, the investor of this property took the decision while sitting in another country. We shared our history of management and it shows that it's only based on 126 days and this creating a yield. And this is important for you to understand how investors see it. They see the price, they see the available fund that they need in order to to buy this property. And they will see that your expenses, your expenses is part of your property management fees and whatever. But we also said to to this homeowner and this is a place for you to say the same. You can do more. This house has more benefit to give. So no mark in in large you not only that you don't need to own a property, but maybe with some few nice deals through Triangle you can buy one. Love that.

Okay, so the next question A lot of the properties that you've shown Europe based, Mykonos, etc, etc. What about the people in the UK, can they still register? Can they still put the details down?

Is this more than welcome everywhere the UK and anywhere else in the globe? We just about to to upload an amazing collection in the Seychelles. So if it's open to the Seychelles guys in the uk, you are so, so, so, so welcome to share your properties in the uk. I do want to give some kind of standards expected. Right now the average property in Triangle is standing for 3 million euros. But of course we are, you know, leveraging it and we are opening for much more diversity. We do want to aim for properties of half a million more because we want to work in a way that it will be good for you and also good properties and such ones that you know, when you managing it after and before of course will be rewarding for your work. So try to aim for those. If you believe that you have an amazing studio and it's worth less, still share it with us and we'll try to see if the unique proposition it's got, it's suitable for Triangle investors.

So the link I want everybody to go to or write down or make a Note of is boostly.co.uk forward/ triangle, easy to spell. Well, you should know how to spell Boostly by now and you should own how to spell triangle. Go to there because that's where you can register your interest and you can get access to the back office and all that cool stuff and you can start to add the properties in. Of course, if you're a guesty, your life is going to be so much easier. But even if you're not with guesty and if you're with another PMS or not with one at all, still go in, add your properties and, you know, get used to the community behind the scenes. Now, if there was somebody that maybe wanted to ask specific questions or if anybody wanted to jump on zooms or watch replays or anything, how is the best, where's the best place for resources? Where's the best place to go to? Where's the best place to ask or answer any questions about Triangle?

So first of all, in our website that I just showed before that the dash one, the Triangle dash, you can see it here with the green, green one rather than the blue one. This is the actual CRM here you can ask and you can also read some frequent questions, you know, learn about the rest of the things. And of course if you're not, if you didn't enroll yet, so enroll. Don't forget your Boostly code that Mark will share. I guess again, because this is the way that we recognize you as part of the boostly community and we can register you. And your due diligence is done in a split of a second because you're coming from this beautiful community. Another way is here and also all along within the Triangle. Once you are inside, there's always a place to write to us, to ask questions if you stuck. If you need a zoom call or any or any other help beside whatever is like shared and you know the steps that are mentioned over here, you can always press this button. It will get directly to the Triangle team. That will solve your question.

Lovely. So what's the plans for the coming months? What have you got on the on the radar, apart from guesty, that you could potentially share with our audience today that want to find out more? What's the next steps?

Yeah, so the next steps are, first of all, we are extending the amount of, you know, interested buyers from the other side and we need to give them diversity. We need to give them also some kind of answers. So this will be a question back to you. Maybe we didn't think about it before, but we have also investors saying, I want to invest in Spain, I want to invest in Portugal, I want to invest in Miami. This communication, we would like to communicate back to the community and encourage people to think about it even they didn't have the time to do it before. For buyers are interested to work with you guys and to value your work and listen to what you're saying and finally change these couches with the stains that you have again and again to apologize because your existing homeowner is simply don't care and say okay, but you, you creating some beautiful money about this property with this stained couch anyhow. So guys, we're talking about also to change the, the layer of these old owners and maybe to work with new ones that evaluate us more, that would like to listen to us more, that will let us to have more freedom and hopefully also invest a little bit more in the property where we can do our life better, we can extend prices, et cetera. Love it.

That's a superb update and I guarantee there's going to be more questions. Now if anybody wants to reach out and find out the latest news about Triangle, where's the best place to personally go? Would that be LinkedIn website?

LinkedIn of the triangle? It will be. Yeah, I guess we're, you know, soon. I guess not too Far from the time that this will be broadcast. Maybe we can hear about it also from, from the side of guesty and other places. But yeah, I think that the LinkedIn is a good place. I do want to add one thing that I forgot that is on the table. It's on the level of development. But I don't mind sharing it with you guys because you know, you are all pioneers and Mark, you are, you know, a super ambassador and we getting more and more from property managers, other properties. That has nothing to do with sdr. We're talking about lands, we're talking about a commercial. Sometimes you're working with homeowner and he's. The trust that you, you created is so beautiful and they're sharing with you more. Don't hesitate. Put it in your account as well. For now we're keeping it but you might be able to benefit from with it as well. So just to know that whatever information shared with you, you have a potential to be doing something amazing with it and acting on this platform that's called Triangle that's connecting real estate with sdr.

Love it. Such a good idea. And I want everybody to jump onto it and if you want to go find them on LinkedIn, it's just type in on Triangle Luxury on LinkedIn or Mariah Rockman on LinkedIn and it will, it will come up. All right, thank you so much for that. Good luck with the upcoming future and we look forward to hearing more updates. Again, go to booster.co.uk triangle to register your interest. To share more information with anybody in your peer network, any, any landowners that you know, landlord owners, any owners, property owners, go to triangle luxury.com with that being said, thank you so much for tuning in everybody and we'll be back very soon with another episode of Boostly podcast. Thank you very much.

Thank you so much.