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Reading: How Meir Shemtov Transformed a Steep, Unsellable Vacant Lot Into a Cash-Flowing Luxury Resort
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KNICKANCS > Blog > Investing > Property Markets > How Meir Shemtov Transformed a Steep, Unsellable Vacant Lot Into a Cash-Flowing Luxury Resort
Property Markets

How Meir Shemtov Transformed a Steep, Unsellable Vacant Lot Into a Cash-Flowing Luxury Resort

KnicKnacs
Last updated: May 23, 2025 6:57 pm
By KnicKnacs
1 Min Read
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How Meir Shemtov Transformed a Steep, Unsellable Vacant Lot Into a Cash-Flowing Luxury Resort
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In this episode, I sit down with Meir Shemtov to uncover how he turned an overlooked piece of sloped land into a luxury micro resort that’s booked solid.

We dive into every stage of his journey: from acquiring a $200K hillside lot that nobody wanted, to working through the intense permitting process, to finding high-end prefab glass villas from Estonia, and raising over $500K on Indiegogo through a brilliant Facebook ads strategy.

You’ll learn what it takes to build a short-term rental that’s truly unique, how to tap into existing traffic from nearby attractions, why being “remarkable” is more important than being cheap, and what kind of mindset and team make this possible.

This is Meir’s first full public breakdown of the business—and it’s packed with insights for land investors, short-term rental owners, and anyone exploring boutique hospitality.

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Episode Transcript

Editor’s note: This transcript has been lightly edited for clarity.

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About the author

Seth Williams is the Founder of REtipster.com – an online community that offers real-world guidance for real estate investors.

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