Our Rental Investing Journey: 8 Years, 10 Properties, Financial Freedom

Episode 313 - Discover Joe's captivating journey from HGTV to Airbnb, where he shares the highs, lows, and priceless lessons that led to his remarkable rental portfolio of 10 properties. Join us in unveiling the secrets behind his 8-year odyssey to financial freedom.

???? COMPANION ARTICLE/SHOW NOTES: https://www.coachcarson.com/8yearjourney/

Joe's business - Southern Sons Properties: https://www.instagram.com/southernsonsproperties/

Joe's prior episode - "How a Couple Built a 7-Condo Rental Portfolio in 5 Years" - https://www.coachcarson.com/7-condos-5-years/

Joe's tech stack for short-term rentals:

HOSPITABLE for guest management and messaging.
PRICE LABS for automating the pricing process
TURNO to manage and pay the cleaners
AIRBNB and VRBO for booking platforms
BOOSTLY is now creating our direct booking site.

???? TIMESTAMPS:
0:00 - Intro
1:40 - Working for HGTV
08:03 - Don't worry about perfection
11:28 - RPM Ad break
13:27 - Pivot to Airbnb
18:21 - ### on best Airbnb
20:09 - Airbnb expenses
21:26 - Estimating Airbnb ###
24:59 - Scaling with HELOC
26:50 - Long-term cashflow
28:47 - Benefits of mixing Short + Long
32:46 - Medical Emergency
40:09 - 2023 Portfolio
44:14 - Small & Mighty Perspective

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????MY FAVORITE REAL ESTATE & MONEY TOOLS:

????RENTAL PROPERTY ANALYSIS????️
My online course teaches EXACTLY how I run the numbers and confidently analyze rental properties that produce cash flow and build wealth (and it includes my actual property analysis spreadsheet!): https://www.coachcarson.com/RPA-YT

????CREATIVE FINANCING COURSE????️
Learn to finance your deals successfully, even with high interest rates. My online course teaches you how to use non-traditional funding sources for real estate, like private money, self-directed retirement accounts, seller financing, lease options, subject-to, and more. Includes paperwork! coachcarson.com/creativefinancing-YT

???? Deal Machine - software to help you buy more real estate deals - https://www.coachcarson.com/dealmachine-YT
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Start investing now with a FULL TIME JOB
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Analyze deals using GRADE SCHOOL MATH
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