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Category: General Real Estate

Episode 42: What You Need to Know About Working With Contractors

September 1, 2020
General Real Estate, Operations, Teams and Hiring
No Responses

Almost every real estate investor has been or will be involved with property improvements, repairs, or general maintenance at some point which means they’ve had to talk and deal with contractors. Tim is no exception. He has worked with almost 200 different contractors in different cities in the US and other countries!...

Episode 41: Unanticipated changes in housing you didn’t expect

August 25, 2020
Economic and Market conditions, General Real Estate
No Responses

Covid-19 has had tremendous effects on the whole world. Many of those effects have been obvious but there are few underlying changes that could potentially have a big impact on our housing supply and demand. When the supply and demand changes so does the price of each individual market. Tune in this week as Tim...

Episode 38: Are short term rentals is good for real estate?

Often when we hear about real estate it’s usually referring to housing and the places we live in. But real estate goes so much further than that! Changing the use of real estate (much like converting long term rentals into nightly rentals) is where value is created. Let’s broaden our horizons a bit in this episode...

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 on our capital gains! You have to be strategic with this one but it is a fabulous tool. Tune in this week as Tim...

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 properties, but what is the best way? Is it necessary to form an LLC in which to hold your property? There are multiple steps we can take to...

Episode 32: Why Hotels Are Envious of Short-Term Rentals (COVID Impacts)

June 23, 2020
Economic and Market conditions, General Real Estate
No Responses

Hotels have recognized the trends in travel and know that a huge majority of the market that was once their customers have moved to short-term rentals. This is evident in the way they have been developing new hotels, but the world and our current environment has pushed them even further! COVID-19 has now forced them to...

Episode 28: Where to Find the Best Information for Your STR Business

May 26, 2020
Economic and Market conditions, General Real Estate
No Responses

There is more information available online than ever before and it's growing at an exponential rate but not all of it is credible. Not all of it is helpful. Not all of it is useful for your STR. This week Tim will give you his favorite learning resources and some points to consider: Best podcasts Best YouTube...

Episode 26: Our Future work environment means for your STR‪‬

May 13, 2020
Economic and Market conditions, General Real Estate
No Responses

The world has gone remote. More people are working from home than ever before. Will this uninvited “work from home” experiment debunk some employers' stigma that employees who work from home are not productive? I believe it will. A change in our normal work environment means a whole lot for commercial real estate...

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 no one to finance it? Well, look again. There is ALWAYS someone to finance it and without financing, unless you have all the cash,...

Episode 19: Where do we stand in the current crisis?

March 24, 2020
Economic and Market conditions, General Real Estate
No Responses

We are living through unprecedented times, especially for us in the travel industry. With all the uncertainty in the air I wanted to offer my perspective and give you the latest on my portfolio and my plans. Here’s what I will be doing to protect myself for the long run, including my ultimate back up plan. Don’t...