Our guest for this episode is Derrick Barker, the CEO, and co-founder at Nectar.  Nectar is a specialized platform that offers financing based on cash flow to real estate entrepreneurs, investors, managers, and hosts alike. They give investors an advance based on their existing cash flow, allowing them to access capital without incurring debt or diluting their equity.

Derrick has been in the finance industry since he left university and is a serial entrepreneur who started his first successful venture as a freshman at Harvard. His real estate career began with single-family properties, and from there grew his portfolio. His experience dealing with the capital-intensive real estate investing venture led him to help found Nectar.

Tune in as we talk about this unique financing option worth checking out for your short-term rental investments and some more insights into the industry!

Key Takeaways:

[01:17] Introducing Derrick Barker and Nectar

[07:15] How Nectar differs from other types of financing

[09:34] How Nectar can ensure landing a deal in six to ten days

[11:20] How Nectar’s financing works: (1) for purchasing property, (2) hands-off method, (3) borrowing across a portfolio, (4) setting terms and securing repayment, and (5) their ideal client

[25:11] Nectar for short-term rental managers

[28:27] Great places to invest or buy short-term rentals

[33:18] Derrick’s forecast for the short-term rental space

[37:34] Advice for people who want to get into short-term rentals

[40:39] How to connect and borrow from Nectar

[41:16] Outro

Guest Links: Nectar Website:  https://www.usenectar.com/

Show Links: 

Living Off Rentals YouTube Channel -https://www.youtube.com/c/LivingOffRentals

Living Off Rentals Facebook Group -www.facebook.com/groups/livingoffrentals

Living Off Rentals Website -www.livingoffrentals.com

Living Off Rentals Instagram -www.instagram.com/livingoffrentals

Living Off Rentals TikTok - www.tiktok.com/@livingoffrentals

The pursuit of financial freedom can be intimidating, but for some investors, there’s one simple why that makes everything worth it: family. In this week’s episode, Adam Zach is sharing his journey from being a full-time engineer to now having over 50 properties -- all while prioritizing his family over business.

As the co-creator of Home Equity Partner, Adam is committed to helping future homeowners finance and own their dream homes. With their unique business model, Home Equity Partner has been able to successfully serve clients that can’t access traditional bank loans. 

If you’re thinking about kickstarting your investing journey, then this is the place to be. Join us as we talk about leveraging your W2 job before leaving, recognizing your competitive advantage as an investor, and landing on the perfect strategy to achieve financial freedom for you and your family!

Key Takeaways:

[01:10] Adam’s Approach To Being A Family Man With A Business 

[6:55] The Great Balancing Act: Managing A 9-5 With A Family

[13:05] How Adam Strategized Quitting His Fulltime Job

[17:33] Leveraging Your W2 Job Before Quitting

[20:10] How Adam Arrived At His Current Business Model

[22:15] Landing On The Perfect Business Partner

[28:10] How Home Equity Partners Discovered Their Target Market 

[32:40] Adam’s USP For Homeowners Who Need Loans

[37:20] The Importance Of Screening For Potential Homeowners

[43:40] Effective Strategies For Buying Your First Property

[47:45] The Trick To Making Difficult Decisions

Home Equity Partner Website: https://homeequitypartner.com/about-us/ 

Adam’s Email: [email protected]

Show Links: 

Living Off Rentals YouTube Channel -https://www.youtube.com/c/LivingOffRentals

Living Off Rentals Facebook Group -www.facebook.com/groups/livingoffrentals

Living Off Rentals Website -www.livingoffrentals.com

Living Off Rentals Instagram -www.instagram.com/livingoffrentals

Living Off Rentals TikTok - www.tiktok.com/@livingoffrentals

Making the jump to real estate investing will be the best thing you ever do for yourself and your family. Today, our guest tells us about his journey from making that career pivot and starting from zero.

In this week’s episode, we’re so excited to hear from Isaac Lane, an experienced house hacker, and successful real estate investor. Isaac’s meticulous approach to investing has paid off immensely and he’s raring to share his tips and tricks for beginners.

If you’re ready to improve your earning power drastically, this episode is for you. Tune in as we discuss screening property managers, maximizing the power of your network, and trying Isaac’s systems for achieving your passive income goals.

Key Takeaways:

[01:10] The Starting Line of Isaac’s Career

[5:45] Factors To Consider When Investing

[7:42] Diving Into The Actual Numbers

[9:10] What Most Investors Forget To Research

[11:30] Why Should You Check The Age Of Your Property?

[12:55] How To Vet Actually Good Property Managers

[15:25] His Gameplan For Scaling Up 

[18:39] What’s The Best Thing You Can Do For Your Personal Finance?

[19:50] Isaac’s Strategies And Systems for growth

[24:40] The Power Of Networking

[27:15] Isaac’s Hack To Genuine Personal Development

[29:55] How Isaac Is Aiming For $25,000 Of Monthly Passive Income

[31:00] The Unlimited Earning Power Of Real Estate

Isaac’s Instagram: https://www.instagram.com/p/CfgyNLoL9IW/

Show Links: 

Living Off Rentals YouTube Channel -https://www.youtube.com/c/LivingOffRentals

Living Off Rentals Facebook Group -www.facebook.com/groups/livingoffrentals

Living Off Rentals Website -www.livingoffrentals.com

Living Off Rentals Instagram -www.instagram.com/livingoffrentals

Living Off Rentals TikTok - www.tiktok.com/@livingoffrentals

Ever feel like your full-time W2 job is holding you back from pursuing your real estate journey? Or maybe you’re using it as an excuse to not make that jump just yet. Today, we’re joined by Loren Wernette, who is living proof that you can enjoy the best of both worlds. In just two years, he was able to scale his business from 0 to 55 rentals -- all while managing his full-time job!

As a successful entrepreneur and educator, Loren is more than happy to share the winning mindset that changed everything for him and the steps he took to scale up to more than 50 long-term rentals. Tune in for this week’s episode if you don’t want to miss our conversations about the importance of valuing your time, the untapped potential of private money, and the key to building a strong team of property managers.

Key Takeaways:

[02:10] Loren’s Career Journey [6:50] How Loren Went From “Someday” to Today! [10:25] How Do You Overcome the Fear of Starting? [13:55] The Best Thing You Can Do When Starting Out [19:27] The Key to Starting Out Strong [22:52] Loren’s #1 Rule in Lending [24:20] Learning From Your First Deal [25:10] How Loren Scaled Up Quickly [29:15] Building a Company From Scratch [32:40] Financing Deals Using Private Money [41:10] Advice for Rookie Investors [42:10] The Mindset You Need to Expand Your Portfolio [46:50] Finally Escaping the Rat Race [51:40] How to Select and Manage Property Managers

Loren’s Instagram: https://www.instagram.com/dadlifeloren/ Loren’s Email: [email protected] Show Links: 

Living Off Rentals YouTube Channel -https://www.youtube.com/c/LivingOffRentals

Living Off Rentals Facebook Group -www.facebook.com/groups/livingoffrentals

Living Off Rentals Website -www.livingoffrentals.com

Living Off Rentals Instagram -www.instagram.com/livingoffrentals

Living Off Rentals TikTok - www.tiktok.com/@livingoffrentals

Today’s guest is Rosario Terracciano. He is the co-founder and CEO of Clickinvest, a technology company that provides acquisition solutions to real estate investors. Through their innovative algorithm, investors can sort through listings and find properties in their chosen niche, whether build-to-rent, build-to-flip, acquiring short-term rentals, or flipping distressed property.

With humble beginnings helping flippers and investors who want to build their rental portfolio, Rosario and Clickinvest have moved into new construction. They now have one hundred thirty lots ready for rental properties in Southwest Florida.

Tune into the episode and hear about how they did it, along with valuable insights into the industry from a certified expert investor. 

Key Takeaways:

[01:07] Introducing Rosario Terracciano and Clickinvest

[05:06] Clickinvest and the Build-to-Rent model

[08:48] The process of how Clickinvest works with investors in this model

[16:45] Expounding on the numbers behind the model

[22:39] On associated costs 

[26:09] The appeal and convenience of the model and the client’s role throughout the process

[30:45] The impact of Hurricane Ian on their business

[38:39] The risks to consider when choosing to invest in this model

[42:06] The Clickinvest team’s secret to great results

[47:46] Connect with Rosario and Clickinvest

[48:41] Outro

Guest Links:

Rosario’s Email [email protected]

Show Links: 

Living Off Rentals YouTube Channel -https://www.youtube.com/c/LivingOffRentals

Living Off Rentals Facebook Group -www.facebook.com/groups/livingoffrentals

Living Off Rentals Website -www.livingoffrentals.com

Living Off Rentals Instagram -www.instagram.com/livingoffrentals

Living Off Rentals TikTok - www.tiktok.com/@livingoffrentals

Michelle Norman is a licensed Real Estate Broker and the owner of Elite Real Estate & Associates. She has been practicing Real Estate since 2004 and specializes in various areas, including luxury homes, residential re-sale, investment properties, and relocation. 

Beginning in wholesaling and flipping, she has since moved into the short-term rental space and worked with me to learn more about vacation rental investments, gaining amazing results in less than a year.

Tune in to the episode as we dive into how Michelle has built her success!

Key Takeaways:

[01:02] Introducing Michelle Norman

[05:17] Why she joined the program and her beginning her new venture into short-term rentals

[10:50] On remote properties

[15:05] On staging her properties

[18:49] How she finances her investments

[23:35] Lima One DSCR loans

[24:16] On the four-unit property that they’re purchasing

[30:40] On the importance of working with other people in building success

[33:30] Michelle’s time management advice

[36:59] What she has learned that she wishes would have known earlier

[39:50] Michelle’s current goals

[41:31] Outro

Show Links: 

Living Off Rentals YouTube Channel -https://www.youtube.com/c/LivingOffRentals

Living Off Rentals Facebook Group -www.facebook.com/groups/livingoffrentals

Living Off Rentals Website -www.livingoffrentals.com

Living Off Rentals Instagram -www.instagram.com/livingoffrentals

Living Off Rentals TikTok - www.tiktok.com/@livingoffrentals

When diving into short-term rentals, handling your client’s every request can get overwhelming. This week, our guests have made it their mission to help rental owners reclaim their peace of mind.

In this episode, we are stoked to hear from Charlie Cameron and Hersh Rai, co-founders of Serenity Stays. Their business is dedicated to helping short-term rental owners manage their portfolio by handling everything from the amenities to the client's requests.

This dynamic duo shares their insider wisdom on optimizing rental management and determining what could be the best market for you. We also talk about setting yourself up for success and what attracts clients more than anything. If you’re interested in scaling up your portfolio, then tune in to learn about how choosing the right property managers can help you rapidly grow your real estate empire.

Key Takeaways:

[3:09] The Story Behind Serenity Stays 

[6:05] How Serenity Stays Does Things Better

[9:40] How serenity stays operates

[12:16] How Hirsch Fell In Love with Real Estate

[14:15] Steps to Determining if the market is a right fit

22:50 The Key to building long term relationships with clients

[24:54 Which Markets Work Best for First-Timers

[29:05] The secret ingredient to attracting renters

[31:41] determining what is a good rental deal

[32:24] advice for partnering in real estate

[37:17] The Simple Step to Consistently Getting Five-Star Reviews

[42:19] Looking to Get Started or Grow? 

Guest Resources: Serenity Stays Website: https://www.serenitystays.com/Serenity Stays Email: [email protected]

Show Links: 

Living Off Rentals YouTube Channel -https://www.youtube.com/c/LivingOffRentals

Living Off Rentals Facebook Group -www.facebook.com/groups/livingoffrentals

Living Off Rentals Website -www.livingoffrentals.com

Every business owner has considered hiring remote assistance to grow their business, but everyone who has ever tried knows that it can be more complex than it may initially seem. Our guest today is here to shed some light on the topic.

In this episode, we welcome Greg Brooks, Director of Business Development at Rocket Station. His company is a remote staffing agency dedicated to providing virtual assistants for people in the real estate investing space. He has a wealth of experience and knowledge regarding virtual assistants and how to leverage them to benefit businesses.

Greg discusses the process of virtual assistant work, the benefits it can provide, and the potential pitfalls that can arise. Tune in to get valuable insights on effectively managing and utilizing virtual assistants to boost your business and take it to new heights. 

Key Takeaways:

[01:01] Introducing Greg Brooks and Rocket Station

[04:05] How Rocket Station differs from other VA service companies

[08:24] How Rocket Station manages the potential language barriers common in outsourcing work

[12:01] Why the Philippines over other countries?

[13:37] Common tasks in the real estate investing space that VAs can help with

[17:39] Deciding which roles in the company can be done by people closer to home and which roles to outsource

[20:53] Hiring, aligning, and training virtual assistants

[28:17] Ballpark cost of hiring outsourced assistants

[30:31] Why it’s still necessary to learn and develop your process before venturing into hiring virtual assistants

[33:41] Rocket Station success stories

[36:17] Learn more about virtual assistant work and connect with Rocket Station

Guest Resources:Rocket Station Website: rocketstation.comVA Development Resources: discovery.rocketstation.com

Show Links: 

Living Off Rentals YouTube Channel -https://www.youtube.com/c/LivingOffRentals

Living Off Rentals Facebook Group -www.facebook.com/groups/livingoffrentals

Living Off Rentals Website -www.livingoffrentals.com

Living Off Rentals Instagram -www.instagram.com/livingoffrentals

Living Off Rentals TikTok - www.tiktok.com/@livingoffrentals

Mark Willis is a certified financial planner and the owner of Lake Growth Financial Services. He is a three-time best-selling author and the co-host of the well-known “Not Your Average Financial Podcast." 

Mark takes a holistic approach to financial planning and is well-versed in alternative investments, such as cash-flowing rental property, and the many ways to generate fantastic returns.

Don't miss the opportunity to hear from Mark as he provides valuable insights and strategies for incorporating real estate into an overall financial plan to help listeners move closer to their goals. 

Key Takeaways:

[00:59] Introducing Mark Willis and his background

[11:05] How Mark works with his clients on their financials 

[14:24] The characteristics of a great financial portfolio

[19:21] On using the tools at your disposal to reach your financial goals

[23:13] On whole life insurance

[32:25] Whole life insurance as one part of a bigger plan

[36:06] On diversifying investments

[41:46] Using equity harvesting to tap into your equity without refinancing

[49:46] Other strategies for tax savings

[53:00] Opportunities in the new economic climate

[57:15] Connect with Mark

Guest Resources: Not Your Average Financial Podcast - www.notyouraveragefinancialpodcast.com

Show Links: 

Living Off Rentals YouTube Channel -https://www.youtube.com/c/LivingOffRentals

Living Off Rentals Facebook Group -www.facebook.com/groups/livingoffrentals

Living Off Rentals Website -www.livingoffrentals.com

Living Off Rentals Instagram -www.instagram.com/livingoffrentals

Living Off Rentals TikTok - www.tiktok.com/@livingoffrentals

William Tingle is a renowned real estate investor, coach, author, and speaker. He is the host of The Sub2Deals Show and the creator of Sub2Deals.com, a platform dedicated to helping investors succeed in the real estate industry. 

With over ten years of experience in the field, William has trained and coached many individuals across the United States to achieve financial success through real estate investing. In addition, his expertise and insights have made him a trusted resource for those looking to build and manage a profitable rental property portfolio. 

William joins us to discuss subject-to real estate, his career, and more. Catch the complete discussion here.

Key Takeaways:

[01:00] Introducing William Tingle

[05:07] William’s first real estate deals and working toward financial freedom

[09:21] On Subject-to deals and how William structures them

[12:49] Finding people for subject-to deals 

[18:07] Subject-to deals and working with sellers

[20:57] Subject-to-transactions and the due-on-sale clause

[26:08] What happens if the seller wants to get a new loan for a different property while in a subject-to-deal?

[28:38] On refinancing

[33:31] How to determine the purchase price that you would pay compared to a cash offer.

[37:05] VA loans and subject-to deals

[38:34] How William manages administration and tracking of his subject-to deals

[40:10] William’s key to success

[43:06] Connect with William

Guest Resources: The Sub2Deals Podcast - www.sub2tv.com

Williams Sub2 Coaching Resources - www.sub2university.com

Show Links: 

Living Off Rentals YouTube Channel -https://www.youtube.com/c/LivingOffRentals

Living Off Rentals Facebook Group -www.facebook.com/groups/livingoffrentals

Living Off Rentals Website -www.livingoffrentals.com

Living Off Rentals Instagram -www.instagram.com/livingoffrentals

Living Off Rentals TikTok - www.tiktok.com/@livingoffrentals