Converting Apartments to Short-Term Rentals for 3x the Revenue with Tim Bratz

"Resourcefulness is the ultimate resource." — Tim Bratz What happens when a commercial real estate operator with 2,800+ apartment units starts converting a slice of that portfolio into short-term rentals — and generating two to three times the revenue on those units? In this episode of the Booked Solid Show, Gil sits down with Tim Bratz, founder of Legacy Wealth Holdings and Smart Management. Tim walks through how he went from a 23-year-old with a maxed-out credit card buying his first $14,000 house, to building and shrinking a portfolio that's peaked at nearly 5,000 doors and is valued at over $350 million today. But the real story here is what's happening right now: multifamily operators like Tim are quietly carving off a small percentage of their apartment units, furnishing them, and putting them on Airbnb and VRBO — and it's opening up a massive opportunity for short-term rental operators to partner directly with commercial real estate owners who are sitting on stressed portfolios and need help generating revenue without taking on debt. If you've ever wondered how the STR world looks from the other side of the real estate spectrum — or you're looking for your next growth opportunity beyond just buying more doors — this conversation will change how you think about where direct booking expertise can go next.