From Two Divorces to Building a Real Estate Empire
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What is the main topic discussed in this episode?
Instead of doing interior design, what I do is I do a strategic design. You have to know the renter. You have to know what the renter is looking for, but then at the same time and on a tight budget to make sure that the investor makes money.
Maya Mihailovic is an entrepreneur, designer, and the founder of Maya Creative Spaces. Drawing from her background in real estate and investment properties, she helps investors transform homes into high-performing vacation rentals through strategic design, streamlined execution, and spaces that maximize both guest experience and return on investment.
Use all my education and knowledge to help the investor understand what they could do with their property. We talk about budgets, how much money can be realistically spent to make sure that you're immediately getting your return the first season.
What advice would you give to someone trying to get their first property?
Connect with me.
How did Maya Mihajlovic transition from personal challenges to entrepreneurship?
Well, I would say... It spans the globe like a super high school internet Elvis. Today, Apple is going to reinvent the phone. It's not over until I win. The Living Your Legacy podcast. For those who live to leave a legacy.
That's extraordinary. The impossible. Oh, that is sensational. Open. Chicago was the lead. You said Paul is the fastest man on the planet. You can live your dreams.
Hello and welcome back to another episode. I'm sat with Maya today and she is going to take us into her story, her life, her mission, the ups and downs of entrepreneurship and what she's learned. She does a fantastic job making lots of investor homes and homes look fabulous. So let's dive in. Welcome to the show.
Thank you, Rudy. Thank you for having me. Thank you so much.
What is the difference between strategic design and traditional interior design?
Of course. So let's start, you know, I teased it a little, but if people don't know who you are and what you do, do you want to just summarize what you do in your journey to get there?
Yes, so I have a company that works with investors in Southwest Florida, and I focus on designing furnishing rental properties. Most of our investors that we work with are outside of the state, so we take care of everything, and that's pretty much it.
So someone, investor buys a property, Airbnb, or they're flipping it or whatever they're doing with it. Yeah. They might not even live here. They call you in, you make it look fabulous, and then they can resell it or rent it or whatever they want to do.
Exactly. So basically what I do is I talk to the investor to understand what their strategy is.
Yeah.
Are they looking to flip the property? Are they looking to rent a property? Are they looking to partially use the property for themselves as a second home? And once they know what the strategy is, then we focus on furnishing and making sure that the property stands out. I look at the market. I have a real estate license as well, project management, MBA degree. So I use all of my education and I'm an investor myself. use all my education and knowledge to help the investor understand what they could do with their property and what would make most sense strategically.
Great.
How can investors maximize ROI through property design?
And how'd you get into this? How did you build a business out of this, you know?
Yeah, I was the investor myself. I lived in Chicago for 20-some years and purchased a few properties myself and ended up having to fly back and forth, leave my three little babies at home and furnish a property in three days. Wow. Um, we actually, the first property I purchased is a funny story. I think it's good to share here. I actually was able to use the money from a rental, from a, from an investor that wanted to rent from me for six months. I used that money for my first down payment of the first condo. Condo was not even furnished. I did the design, did the presentation and said, okay, here's how it's going to look. Do you want to live here? And so that's how I started. Um, and just started building from there.
I had numerous investors then contact me saying, hey, I heard about you. I didn't even know something like this exists, because I don't know anybody that does this. And so I said, okay, great.
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Chapters
8 chapters
1
What is the main topic discussed in this episode?
0:00–0:50
2
How did Maya Mihajlovic transition from personal challenges to entrepreneurship?
0:50–1:49
3
What is the difference between strategic design and traditional interior design?
1:49–3:15
4
How can investors maximize ROI through property design?
3:15–4:34
5
What advice does Maya offer for first-time real estate investors?
4:34–5:49
6
What factors should be considered when choosing a rental property location?
5:49–6:55
7
What are the top must-haves for successful rental properties?
6:55–8:00
8
What insights does Maya provide on the Florida real estate market?
8:00–18:51