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A $250,000 “standard” legal quote. An advisor who disappears on the same day. Lenders who won’t touch a 50% LTV asset because short‑term rentals scare their models. That’s the backdrop to our Canmore pivot and the real CEO playbook behind Luxara: less highlight reel, more trench notes on how to move when the market says no.
We walk through the messy middle: how cross‑border structures ballooned into hotel‑scale pricing, why we re-scoped to a Canadian limited partnership, and the slog it took to find lawyers who price for stage and believe in the long game. We dig into the uncomfortable truth about debt for STRs and why cash‑flow lenders balk, what asset‑based lenders actually want, and how to treat a higher rate on deal one as a bridge to refinancing once operations prove out. Along the way, we unpack where AI helps and where it doesn’t: great for drafting, comparing, and surfacing gaps; not a replacement for a signature that stands up in court. The goal isn’t to hack legal, it’s to build legal IP you can reuse, turning expensive firsts into fast seconds.
The throughline is people and perseverance. We share the “right people on the bus” test for advisors and partners, the outreach math behind finding the two yeses that matter, and the practical resources we lean on: BDC, Futurpreneur, Intergen, and a steady diet of warm intros. The Canmore deal is real, the clock is loud, and the stress is honest. But momentum compounds: every meeting, every redline, every proof point pushes us closer to the version of Luxara that runs at scale.
If this story resonates, if you’ve stared down a wild quote, a cold inbox, or a tight deadline, come along. Subscribe, share this with a founder who needs it, and leave a review with the biggest roadblock you’re facing right now. Let’s build the community that makes the next yes arrive faster.

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  • Learn About Luxara: Discover how Luxara is making luxury real estate co-ownership accessible, intelligent, and secure. Explore our first property in Costa Rica and the vision for a smarter way to own.
  • Connect with Vladlen on LinkedIn: Follow the unfiltered, behind-the-scenes journey of building Luxara in public. Ask questions, share your own story, and connect with the host.

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Chapters

1. Overcoming the Impossible: Building Unstoppable Momentum (00:00:00)

2. The $250k Legal Sticker Shock (00:01:06)

3. More Quotes, Still Too High (00:05:28)

4. Finding Lawyers Who Bet Long (00:10:21)

5. Stats: Why Startups Fail (00:22:20)

6. AI’s Limits For Legal Work (00:28:20)

7. Tapping BDC, Futurpreneur, Intergen (00:30:48)

8. Don't be afraid of the dirt (00:38:43)

6 episodes