Rashmi Bhat Profile Banner
Rashmi Bhat Profile
Rashmi Bhat

@ChaiAndCabin

1,927
Followers
146
Following
453
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5,401
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๐ŸŒŽ Owner & manager for the finest short term rentals | ๐Ÿฅ™Restauranteur | โ€œRetiredโ€ at 28 | ๐ŸŽ™๏ธ Podcast Host of Chai & Cabins ๐Ÿ‡ฎ๐Ÿ‡ณ Indian Immigrant

Austin, Texas
Joined April 2023
Don't wanna be here? Send us removal request.
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@ChaiAndCabin
Rashmi Bhat
5 months
In college I won a $1000 for pitching an Indian drive thru restaurant. Do you think America is ready for an Indian version of Panda Express?
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@ChaiAndCabin
Rashmi Bhat
5 months
@DracoBananas Immigrated here at 15. Went to college on a partial scholarship. Saved 20K in 4 years working thru college at restaurant. (5K a year which basically was not my tips) Graduated, moved back home with my parents & put in all that money + loans from PayPal credit at 0% to buy
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@ChaiAndCabin
Rashmi Bhat
5 months
@LiliInvests Just got back from a Europe trip which was amazing but this weekend I was in Lexington, KY & had the most incredible time at the Castle & Key distillery. Sometimes just enjoying nature with a good whiskey is all you need ๐Ÿ˜„
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@ChaiAndCabin
Rashmi Bhat
9 months
@indexnforgetit Most people live like this. Its WILD.
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@ChaiAndCabin
Rashmi Bhat
5 months
Last week I became a meme on social media. And not the fun kind ๐Ÿ™ Fat Ugly Privileged Stinky / Smelly Kill yourself Greedy Words like these were used by thousands of accounts online to spew hate. I took the last few days to process what happened. At first, I debated whether
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@ChaiAndCabin
Rashmi Bhat
8 months
Launching a new property today! Would you book this? ๐Ÿ˜๐Ÿ˜
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@ChaiAndCabin
Rashmi Bhat
7 months
I am remodeling a bathroom. Contractor just quoted a 20K labor only cost in Arkansas. (Need a bathtub removed & new shower area) On top of that, I would pay for vanity, shower door etc. Am I crazy or does that sound really expensive?!
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@ChaiAndCabin
Rashmi Bhat
5 months
@realfrugalmogul For sure! So much Indian food is gluten free it wouldnโ€™t be a problem at all!
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@ChaiAndCabin
Rashmi Bhat
6 months
@trevizo_gabe Mine! Met him at 26 (currently 31) Helped me grow from one little restaurant to a real estate empire Support me, loves me & letโ€™s me live my dream. Marrying the right person is a ULTIMATE life hack.
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@ChaiAndCabin
Rashmi Bhat
6 months
Long time ago, a family member told me no one will buy food from an Indian girl in a small American German town. I made sure to send him a copy of this news article. Always, always bet on yourself.
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@ChaiAndCabin
Rashmi Bhat
8 months
I have less than 400 followers on X: - Met a boutique hotel investor - Met someone who specializes in experimental hospitality - College friends calling me up, saying they have been seeing my content & want to invest in my next venture. Relationships > Followers
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@ChaiAndCabin
Rashmi Bhat
6 months
Serious question. Are people signing up for memberships at individual restaurants? Is this a thing?
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@ChaiAndCabin
Rashmi Bhat
3 months
No one:โ€ฆ.. Me: Let me explain X/ Twitter to you. The guy with 230 followers- owns 10M in real estate, knows more about stocks & bonds than most financial advisors & willing to help The guy with 20K followers- has never bought real estate & trying to sell you a course on how
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@ChaiAndCabin
Rashmi Bhat
5 months
@Mikethelummox I have seen companies write in their contract after work is completed, we will automatically run the card for the remaining balance. Might be worth asking a lawyer how you can implement that / making it a part of your policies.
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@ChaiAndCabin
Rashmi Bhat
5 months
I used to believe you needed these 3 things to be a โ€œrealโ€ business: - Lots of employees - Big corporate office - Big corporate clients And then I realized I need to get my head out of the sand. Me + a couple of VAs can rule the world
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@ChaiAndCabin
Rashmi Bhat
10 months
@ClintFiore Nahhh- still ugly. I don't get the hype at all. Maybe its a guy thing?
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@ChaiAndCabin
Rashmi Bhat
5 months
I am *FINALLY* under contract for my first hotel so I attended AAHOA con earlier this month to hear how independent hotels are crushing it! And today - I am breaking down all the strategies that were discussed -most of these things are FREE- including: โœจHow to get more direct
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@ChaiAndCabin
Rashmi Bhat
9 months
About to board the flight & read this. Any good?
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@ChaiAndCabin
Rashmi Bhat
6 months
Today I gave my VA a $1,000 loan to buy a MacBook. She is paying me $50 every two weeks until paid off. No interest. Would you do this?
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@ChaiAndCabin
Rashmi Bhat
6 months
@Lifeinvestmoney How about we add a bar downstairs?
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@ChaiAndCabin
Rashmi Bhat
4 months
10 years ago, I leased a 800 sq ft art gallery & converted into a sandwich shop. 10 years later: Indian Restaurant Own several STRs 50 STRs under management Manage 5 boutique hotels Bought my first hotel Never underestimate how once decision can change your life.
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@ChaiAndCabin
Rashmi Bhat
5 months
Everyone wants to get rich with real estate No one wants to: - Analyze 5 deals a day - Pick up the phone & call brokers/wholesalers etc - Learn to manage remotely so you can buy anywhere in the country This isnโ€™t a get rich overnight. Learn the game, respect the hustle.
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@ChaiAndCabin
Rashmi Bhat
4 months
$500 for tree / debris removal at an STR Does this sound reasonable or is this pricey? I am always surprised by tree removal prices but also donโ€™t know anything about this biz.
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@ChaiAndCabin
Rashmi Bhat
9 months
If you are wondering if posting on X/Twitter/LinkedIn is worth it? I have less than 200 followers Spoke to 3 investors, all from social media, this week who want to invest in deals with me. Target audience > followers
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@ChaiAndCabin
Rashmi Bhat
3 months
Am I the only entrepreneur that DOESN'T consider a deal done until the money is in my account? Money in MY pocket = deal closed
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@ChaiAndCabin
Rashmi Bhat
9 months
If you are looking for that one person to change your life. Look in the mirror. Itโ€™s you.
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@ChaiAndCabin
Rashmi Bhat
4 months
For the first 3 years in real estate, I refused to invest in masterminds. Did everything on my own & grew to 6 properties. Enrolled in 2 coaching programs in 2023. Today I have a portfolio of 9 Rentals I own + 1 Hotel 50 STR I help manage 5 Boutique Hotels under management
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@ChaiAndCabin
Rashmi Bhat
5 months
@DonovanBuilds And 4th largest city in the country so if you donโ€™t like one part, you can move! Speaking of Houston, Katy has been really growing!
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@ChaiAndCabin
Rashmi Bhat
8 months
@indexnforgetit I mean he accepts credit cards at his seminarโ€ฆ..
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@ChaiAndCabin
Rashmi Bhat
7 months
@jefferydhughes Hahahaha! Love the hustle!! Might have to use this at my restaurant!
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@ChaiAndCabin
Rashmi Bhat
7 months
@mhp_guy Definitely agree with the dog friendly part. We make all of our STRs dog friendly. I also think @Starlink has made RV parks so much more accessible for remote workers!
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@ChaiAndCabin
Rashmi Bhat
6 months
Ever had a terrifying flight? Today, as my I flew back from my Europe trip, I was really excited to share my husband first business class trip, how we did it etc. Except midway thru the flight, as I was using the restroom, the seat belt sign came on. I was like oh huh. Not two
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@ChaiAndCabin
Rashmi Bhat
8 months
I grew up in a middle-class family My mom can easily outwork me, physically, even today.ย  Part of my drive comes from wanting to be a better daughter for them. I am grateful for all the tough lessons.
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@ChaiAndCabin
Rashmi Bhat
5 months
I havenโ€™t been asked for my resume since 2014 when I opened my restaurant. Your results will speak for your experience. Results > experience
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@ChaiAndCabin
Rashmi Bhat
5 months
Is there anything better than breakfast tacos & coffee to start of an Austin Saturday?
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@ChaiAndCabin
Rashmi Bhat
6 months
They said I wasnโ€™t fit to be a restaurant manager So I opened my own restaurant They said I didnโ€™t have enough experience to work in real estate So I went & bought my own. People will ALWAYS say no. Them saying no was the best thing that happened to me
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@ChaiAndCabin
Rashmi Bhat
7 months
My parents have an arranged marriage. They met twice before they got married. โœจThey are celebrating 32 years this month โœจ Here are 10 lessons for YOU from their 30+ years of marriage about love, business, relationships & real estate: Go in with a no-fail attitude towards
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@ChaiAndCabin
Rashmi Bhat
1 year
Good morning from Texas yโ€™all! โ˜€๏ธ One of my goals this year is to be more active on social media & what better way to start than on Monday, May 1! Here is a quick recap of who I am, what I do & where we are headed! I am super excited to share my journey with you guys! ๐Ÿฅฐ (1)
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@ChaiAndCabin
Rashmi Bhat
5 months
โ€œI am trying to changeโ€ You donโ€™t โ€œtryโ€ to breathe You donโ€™t โ€œtryโ€ to walk Do or donโ€™t. Get rid of the word โ€œtryโ€
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@ChaiAndCabin
Rashmi Bhat
6 months
I donโ€™t know how to hang up a painting I donโ€™t know how to fix a toilet I donโ€™t know how to make up the bed for short term rentals I own real estate in 4 different states I manage 3 boutique hotels I own a restaurant All run from my home office. If you asked me 4 years ago
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@ChaiAndCabin
Rashmi Bhat
4 months
@realEstateTrent Not sure if I missed something & I also donโ€™t have kids but I think you taught him the value of time is FAR more important.
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@ChaiAndCabin
Rashmi Bhat
6 months
Is it just me or does X have the worst search bar ever?!?
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@ChaiAndCabin
Rashmi Bhat
5 months
Is anyone here interested in buying boutique hotels? I get a lot of them emailed to me & wondering if I should share them with people, post about them, etc
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@ChaiAndCabin
Rashmi Bhat
1 year
At 21, I opened my first sandwich shop At 25, opened a coffee chop. At 26, opened my Indian restaurant At 27, (2020) bought my first short-term rental At 30, I own several & manage STRs, run a restaurant + wholesale sandwiches & buy real estate. Life is short. Let's go!
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@ChaiAndCabin
Rashmi Bhat
4 months
What is up with all these HVAC companies coming out with memberships? I like them - just wondering if this is a move by PE to retain clients or how did they come about?
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@ChaiAndCabin
Rashmi Bhat
5 months
I turned 31 this past February & my dad gifted me one of his most priced possessions. A Mont Blanc pen. When I was six, my dad moved us to France ๐Ÿ‡ซ๐Ÿ‡ท Like many immigrants, in search of a better life. The first year was tough. Language barrier Culture differences Weather New
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@ChaiAndCabin
Rashmi Bhat
9 months
@realEstateTrent $150 Nespresso & $30 milk frother will take you a long way! Disclaimer: It won't be exactly like a coffee shop but prettyyyyy close!
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@ChaiAndCabin
Rashmi Bhat
8 months
@gas_biz Read thru the whole list trying to find bucees!
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@ChaiAndCabin
Rashmi Bhat
9 months
Immigrant moms are truly something special. My mom moved to the United States in 2009, in her 40s. Like a lot of immigrants, she doesnโ€™t speak the best English & and she didnโ€™t have a work visa so she wasnโ€™t able to work. She volunteered at the library, school, front desk,
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@ChaiAndCabin
Rashmi Bhat
4 months
In college I had a part time job working in a salad buffet place. Internship rate: $9/hr They didnโ€™t think I was good enough to be a manager so they bumped me down to $8/hr When I graduated, I opened my own restaurant. Few years later started buying real estate. Last week, I
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@ChaiAndCabin
Rashmi Bhat
10 months
@TennisonEddie Yikesssss - love austin but the math doesnโ€™t math there
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@ChaiAndCabin
Rashmi Bhat
7 months
@ThinkAppraiser I am pretty middle class & used to complain about things like this. A rich mentor taught me I am responsible for everything in my life. So I can complain or do something to change my life. Started slowly investing in real estate. Started to learn how to find better deals even
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@ChaiAndCabin
Rashmi Bhat
7 months
@realEstateTrent Had a similar clause in one of my restaurant leases. I sold sandwiches & the only person who could sell sandwiches. In the same center, another person started selling sandwiches. I complained. Owner said technically his daughter owns the other center so doesnโ€™t apply. Two
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@ChaiAndCabin
Rashmi Bhat
4 months
I am an immigrant - I moved here when I was 15. English is not my first language I started my first restaurant with less than 20K Stop making excuses. Go get what you want.
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@ChaiAndCabin
Rashmi Bhat
4 months
Bought a hotel last week โœ… Started demo in a couple of the rooms โœ…
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@ChaiAndCabin
Rashmi Bhat
4 months
@chefjeffsf Wanna work on it together?
@ChaiAndCabin
Rashmi Bhat
5 months
In college I won a $1000 for pitching an Indian drive thru restaurant. Do you think America is ready for an Indian version of Panda Express?
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@ChaiAndCabin
Rashmi Bhat
8 months
I spent 7 years living with my parents so I could reinvest everything I made into my restaurant & later on real estate. You can make a social media post.
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@ChaiAndCabin
Rashmi Bhat
7 months
@mhp_guy Can I open a store with unclaimed Airbnb items?
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@ChaiAndCabin
Rashmi Bhat
7 months
I have less than 700 followers on X - here is how last month went: - Had an amazing coffee hour with hospitality writer @SamShankman - Connected with @PriteshSMB because I had a freakout moment over a hotel we manage - Hung out with @PatStephens1984 chatting about PMS for
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@ChaiAndCabin
Rashmi Bhat
6 months
In 2021, I made an offer on a property They decided to go with another offer They asked me to submit a backup offer, at the same price as the offer they accepted & waive appraisal contingency. I said no I told them they could keep my original offer as the backup offer They
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@ChaiAndCabin
Rashmi Bhat
7 months
@mhp_guy Love it!! How / whatโ€™s your process for finding team members to help trim the trees? What happens when they donโ€™t show up?
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@ChaiAndCabin
Rashmi Bhat
10 months
Retweet because its so good! Every year, 6.5 Million travel to Cabo Every year, 12 Million travel to the Smoky Moutains This is why we invest in regional vacation rental markets
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@ChaiAndCabin
Rashmi Bhat
4 months
The best part of X/ Twitter? Meeting people in real life at my favorite brewery! Had the BEST time with these fine folks: @ryanraysr - buying & selling SMB? M&A questions? Hit him up! @thedsoguy - dropping fantastic, behind the scenes of the dental world @adamislucky -
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@ChaiAndCabin
Rashmi Bhat
2 months
True Story: Everyone told me you need millions of dollars to open a restaurant & no one would rent to a 21 year old. I did it with 20K + 0% Paypal credit Did a concept that was easy to launch - sandwiches Was it risky? Yes Still better than working for corporate America....
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@ChaiAndCabin
Rashmi Bhat
8 months
Built the kind of life where on Friday you can take the day off & read whatever book you want. Today, I am rereading Think & Grow Rich. PS - and the kind of life where you spend 10 mins photo shooting, videoing & picking the best photo so you can TRY to be as cool as
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@ChaiAndCabin
Rashmi Bhat
4 months
I am looking to buy my next deal. If you come across any boutique hotels under $$2M, heavy rehab, vacation market, ideally less than 30 doors- hit me up!
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@ChaiAndCabin
Rashmi Bhat
5 months
I have people asking me every week to book a FREE call with me. But they: Wonโ€™t Follow me on social Wonโ€™t Comment on my post Wonโ€™t share my post Start to give.
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@ChaiAndCabin
Rashmi Bhat
3 months
In the last 6 months, I picked up 5 hotels to manage & bought my first one. The secret: Surround yourself with people who are ahead of you Tell them what you want to do Take up ANY opportunity that comes you way
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@ChaiAndCabin
Rashmi Bhat
1 year
I have a short term rental property that wasnโ€™t getting any bookings: - Went in & updated photos - New description - Adjusted pricing 5 new bookings within 3 hours.
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@ChaiAndCabin
Rashmi Bhat
6 months
I have less than 800 followers on this platform. I know EVERYONE from this photo because of X/Twitter @PriteshSMB told me last Tuesday to attend @AAHOA . Booked my tickets, flights & Airbnb that evening. When the experts speaks, just do. And speaking of experts, this guy is a
@mitalpatel
Mital Patel โ€” Opal Capital
6 months
Inspired by my friends from #RETwit @AAHOA . Reminder that thereโ€™s no substitute for meeting in person!
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@ChaiAndCabin
Rashmi Bhat
6 months
Where better to start reading this book than in @SingaporeAir ! Looking forward to starting a million dollar weekend over this weekend @noahkagan And a huge shoutout to @ThomasSmale for sending me a copy! ๐Ÿ™Œ๐Ÿป๐Ÿ™Œ๐Ÿป
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@ChaiAndCabin
Rashmi Bhat
6 months
@TripleNetInvest Some days I just wonder how deutsche bank is in business after so many defaults stories I hear!
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@ChaiAndCabin
Rashmi Bhat
5 months
Today I got charged a credit card processing fee while buying coffee. While the place advertised they donโ€™t accept cash - card only. WTF?
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@ChaiAndCabin
Rashmi Bhat
6 months
My Virtual assistants manage my entire real estate portfolio. Here is how I found my first Virtual assistant, how I grew my virtual team & what all they do today. Be sure to read until the end where I share how VA helped me level up. In 2021, I hired my first VA from online
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@ChaiAndCabin
Rashmi Bhat
5 months
No one is qualified when they start. Start & you will figure it out
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@ChaiAndCabin
Rashmi Bhat
9 months
@Reiwholesaler I would report the agent
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@ChaiAndCabin
Rashmi Bhat
1 year
Crinkle cuts fries or thin fries?
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@ChaiAndCabin
Rashmi Bhat
6 months
@mhp_guy Wow! That is super cool! Is this in prosper?
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@ChaiAndCabin
Rashmi Bhat
5 months
@admsteiner I had mentors that did this & at the time I was terrified. ๐Ÿ’ฏ helped me build up confidence
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@ChaiAndCabin
Rashmi Bhat
4 months
@realEstateTrent Dubai has mandatory cc for taxis & it makes life so much easier!
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@ChaiAndCabin
Rashmi Bhat
6 months
If you are not spending time making REAL connections from X, you are seriously missing out. I spent all of last week chatting it up with people who are the best in business: @ShannonJean : We chatted all about running multiple business, the hustle & book publishing (he may even
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@ChaiAndCabin
Rashmi Bhat
4 months
Someone please please please tell me its a TERRIBLE idea to buy a waterfront hotel in Europe, move there & Instagram document the whole journey
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@ChaiAndCabin
Rashmi Bhat
8 months
I have been wanting to get into the boutique hotel space in November 2021. In Nov 2023, I found my first deal to manage. Most people give up within 2 days - it took me 2 years.
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@ChaiAndCabin
Rashmi Bhat
1 year
@stevegarthwaite Yup - kind of drives me insane when guru say I make all this money because I drive a beat up car. I build passive income & wealth to have a great quality of life. If not, whatโ€™s the point of it all?
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@ChaiAndCabin
Rashmi Bhat
5 months
Most hotel operators get burnt out. Real estate investors want to buy hotels but don't know how to run them. That's where I step in. Picked up 4 boutique hotels to manage with this.
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@ChaiAndCabin
Rashmi Bhat
5 months
I am not sure who needs to hear this but In Texas, its FREE to file you EIN number. Donโ€™t get scammed by these companies charging you $200 for it.
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@ChaiAndCabin
Rashmi Bhat
3 months
10 years ago, I turned down 3 job offers & opened a little sandwich shop. Today, I am spending a Wednesday drinking coffee & working on my latest cooking project. Somedays I look at my life & canโ€™t believe how 1 decision changed everything.
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@ChaiAndCabin
Rashmi Bhat
10 months
Currently listening to Alex Hormozi - $100M Offer The value proposition chapter is so good, I had my husband listen to it
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@ChaiAndCabin
Rashmi Bhat
1 year
@JoeCassandra I wish more people understood โ€œyou make your money on the buy of real estate / businessโ€
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@ChaiAndCabin
Rashmi Bhat
1 year
@lawyer4SMBs Really? What sort of business can you buy in that range?
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@ChaiAndCabin
Rashmi Bhat
6 months
Everyone says โ€œAirbnb is deadโ€ I have a regular house 4 bedroom 3 bath Rents long term for $2,000 Listed in on Airbnb fully furnished for 5K Been booked, by the same person, for 6 months. Mortage payment is $670. Boring property = Big money! ๐Ÿ’ฐ
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@ChaiAndCabin
Rashmi Bhat
3 months
Went to a donut place today & they gave us a FREE donut as a thank you for being new customers. As a restaurant owner, I like the idea! Should I try giving out free samosas or free chai at my restaurant?
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@ChaiAndCabin
Rashmi Bhat
5 months
I started by buying my first short-term rental. And then got asked to help to manage short-term rentals. Along the way, picked up a 6-unit hotel to manage. Then a 13-unit hotel to manage. Now under contract to buy my own hotel. All you need is ONE door to change your life.
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@ChaiAndCabin
Rashmi Bhat
7 months
Family! This is mom & grandma. Grandma doesnโ€™t speak any English & still travels all my herself - courage, faith & grace. Mom gave up everything to become an immigrant here so we could have a better life - opened a restaurant with me in her 50s, started buying real estate &
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@gas_biz
Gas Biz Guy
7 months
What's your motivation? This was mine. I grew up here. Looks miserable, doesn't it. It wasn't and I wouldn't trade childhoods with anyone. Something about living across the street from the 'rich kids' will imprint you for the rest of your life. They had cool scooters, the
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@ChaiAndCabin
Rashmi Bhat
8 months
Sometimes I have bad experiences at restaurants. I am tempted to leave a 1 star review. but I donโ€™t - because everyone is allowed to have a day off. And in the hospitality business, we make it damn near impossible for anyone to do that.
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@ChaiAndCabin
Rashmi Bhat
5 months
One of my cleaners called me today. I picked up *a little bit panicked* - Me: โ€œWhatโ€™s wrong?โ€ Her: โ€œOh nothing - everything is good. I called to say thank you.โ€ Me: โ€ฆ. Her: โ€œItโ€™s been a slow month in the business so appreciate you having all your properties being booked."
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@ChaiAndCabin
Rashmi Bhat
5 months
Staying at a hotel this week & they have this. A pillow spray. Is this a thing? Should I be incorporating into my airbnbs & hotels?
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@ChaiAndCabin
Rashmi Bhat
1 year
@itsDanny_V Okay that is NUTSSS
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@ChaiAndCabin
Rashmi Bhat
6 months
Anyone else do this? A few weekends ago, I paid $45 for a ticket where you self tour luxury homes in your market. One day event. They had about 10 homes & I hit up about 6. Unsure about the exact business model but even if they sold 300 tickets - thatโ€™s $13,500 for one day.
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