Cash Flow Positive

Are you looking for new ways to find real estate deals? Tune in to hear secret strategies with detailed examples and methods to help you think outside the box and optimize your real estate investments!

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Welcome to Part 2 of this weeks topic - is it too late to invest in STRs? Brenna Carls, CEO and founder of The Mortgage Shop, joins to discuss this, talking about the current high-interest rate environment, how investors can still cashflow, and the importance of understanding loan types like DSCR. Brenna provides valuable tips on performing pro forma calculations, the significance of amenities, cost segregation for tax benefits, and navigating different loan options.

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Is it too late to invest in short-term rentals? In today’s Part 1 episode, I’m sharing a detailed analysis, talking about treating STRs as an active business rather than a passive investment, the importance of understanding market revenue drivers, and more. 

Stay tuned for part 2 to hear from an expert in the STR industry about this frequently asked question! 

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Please welcome special guest and seasoned real estate broker, Matthew McCall-Stillman, for this Part 2 episode! Matt shares his journey from long-term rentals to owning and managing a diverse portfolio of 51 properties, including a mix of short, mid, and long-term rentals. He highlights a case study of a successful property in Cadillac, Michigan, and outlines creative strategies for assessing market potential without relying heavily on traditional data sources. Throughout this conversation, you'll also hear about the significance of starting small for new investors, practical advice on maximizing cash flow, and the value of partnering with experienced mentors in the STR space.

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No data? No problem! This week, I’m talking all about how to make informed investment decisions even when there is limited or no data available. I share my personal experiences with adding unique amenities to properties and discuss the importance of risk management for investors, especially first-timers. You’ll hear my outline for a two-step method for handling situations with sparse data, practical examples, and a secret formula for evaluating the potential revenue impact of amenities. 

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Joe Rohne, real estate agent and investor, joins us this week to discus the challenges and lessons learned from using unreliable data in real estate investment. Joe shares his journey from participating in an accelerator program to owning and co-hosting short-term rentals in Panama City Beach and Branson, Missouri. We focus on why it's important to have accurate, season-specific data and robust performance analysis to avoid making poor investment decisions based on 'dirty data'.

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This week we're getting dirty...diving into the 'dirty data' within short-term rental market analyses. I'm talking about what dirty data is, its impact, and how to spot and avoid it using practical examples from Airbnb listings and data tools. You'll hear the importance of scrutinizing property listings for anomalies in revenue, review counts, and calendar availability as indicators of reliability. I hope this helps inspire you to evaluate market and property data, in order to make informed investment decisions.

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In this Part 2 episode, Sheila Hrinda from STR Insights is joining to discuss strategies for finding cashflow positive real estate deals within 45 days. Sheila shares her journey from a cost accountant in the construction industry to a full-time real estate investor since 2012. She shares her approach to buying short-term rentals from the beginning of the pandemic in 2020, her experience with overcoming analysis paralysis, and the importance of having a clear plan and understanding one's investment goals. Sheila offers practical advice for both new and experienced investors on property selection, underwriting processes, financing strategies, and the value of mentorship in navigating the competitive field of short-term rental investments.

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Today’s episode is Part 1 of how to find cash flowing deals in 45 days! You’ll learn my five-step strategy to finding cash-flowing deals within 45 days or less, while navigating a more challenging market than previous years. I highlight the importance of understanding ROI goals, targeting the right markets, identifying market sweet spots, conducting correct property evaluations, and crafting effective offers.

Stay tuned for Part 2 where you will hear from someone who has actually applied these steps and been successful!

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Welcome to Part 2 of how to find secret emerging markets!

I’m excited to be joined by Will Van Wickler, a leading real estate agent focusing on emerging short-term rental markets in New England. We talk about identifying and capitalizing on emerging markets in Maine, New Hampshire, and Vermont, with a detailed exploration of areas like Sunday River, Bar Harbor, and Old Orchard Beach. Will shares his journey from cybersecurity student to real estate investor and agent and discusses the significance of choosing the right locations, accurately projecting expenses, and the art of revenue management to achieve positive cash flow. You’ll also hear about the resilience and growth of New England's STR market, despite challenges and fluctuations in seasonal demand. Stick around for the end, you won’t want to miss Will’s tips for new investors!

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