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Category: Finances

Episode 60: Are the Numbers You’re Hearing Real? (And What’s a Pro Forma?)

We often hear statistics that seem to be good to be true… and oftentimes they are! Percentages in particular can be the most misleading if we have nothing to compare them to and if the...

Episode 59: 6 Steps to Get Started as a New Investor

There is so much data out there. Invest here, invest there, now is a bad time, now is a good time, and so on and so on. So where do we start? What should a...

Episode 56: Short-Term vs. Long-Term Rental expenses

There are a lot of obvious differences in the costs between operating a short-term rental and a long-term rental, but how much more does it really cost? Expenses to manage a long term rental can...

Episode 51: 3 questions to ask yourself before selling

Supply in the US is at a historic low, in fact the lowest it has ever been in many markets! That’s one of the reasons prices are so high and also why a lot of...

Episode 35: Best Tax Break Ever 1031 Exchange

Perhaps one of the best tools ever for creating wealth for real estate investors is the section of the tax code 1031. This special little tax advantage lets us exchange property without paying the taxes...

Episode 34: Keep Track of Your Rental Income and Expenses‬‪‬‬‪‬

As a real estate investor our goal is to acquire more properties leading to more cash flow and ultimately more wealth. But, as you continue to grow so does your bookkeeping! Even if you love...

Episode 33: When should you put your property in an LLC?‪‬‬‪‬

Let’s face it, for those of us that live in the US we are living in one of the most litigious countries in the world. You’ve heard that you need to protect yourself and your...

Episode 21: Money coming your way and Industry Updates

Things are changing so quickly it’s hard to keep up. Here are the latest updates on money you are likely ALREADY getting, necessary changes to your STR in the current market, financing available to you...

Episode 20: Are You Getting Denied By Lenders?

It can be so discouraging. It can be so exciting. No matter which stage you're at in your real estate investment career financing will play a huge role. You found the right deal but have...

Episode 18: Having reserves for your short-term rental losses

Real estate is an amazing investment vehicle because it’s predictable. But, what happens when it’s not? What happens when the unexpected happens and there’s a fire, you lose a roof, or the HVAC system goes...