Living Off Rentals

In this episode of Living Off Rentals, we're joined by Henry Russell—a Navy veteran, entrepreneur, and multifamily real estate investor with over 15 years of experience. Henry Russell attended the U.S. Naval Academy and went on to complete multiple combat tours in Iraq as a Naval officer. After leaving the Navy, he returned to Baltimore, where he founded a construction company, a property management company, and, in 2020, launched RFC Capital, a veteran-owned investment firm based in San Diego. RFC Capital specializes in a unique and impactful strategy: converting underutilized carports and garages into affordable rental units. This creative approach not only delivers strong returns for investors but also helps address San Diego's growing affordable housing crisis. Listen to hear about Henry's unique strategy and how to add tons of value to garage spaces by turning them into livable apartments.  Enjoy the show! Key Takeaways: [00:00] Introducing Henry Russell and his background [03:17] His transition from the Navy to real estate investing [05:04] Different ways to start in real estate investing [13:45] Partnership to build a strong real estate resume [16:34] Henry's strategy for success [20:15] Converting garages to apartment units [24:21] Defensive strategy to buy real estate [30:01] Doubling the rental income by renovating existing units [39:30] The Ideal type of investor Henry works with [43:21] His advice for first-time investors [46:55] Connect with Henry Russell Guest Links: Website: https://rfccap.com/  Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals   

Joining us on this episode of Living Off Rentals is an award-winning attorney, entrepreneur, and mom of three who owns seven businesses—including her own law firm. Diana Khan, named one of the Top 40 Young Lawyers in the country, simplifies the legal side of real estate investing and shares how to structure your business to protect your assets and scale with confidence.  From LLCs to holding companies to personal trusts, she walks through what each one is and what every rental property owner needs to know to grow the right way. Whether you're buying your first rental or rapidly scaling your portfolio, this episode is packed with legal insight that could save you a lot of money (and headaches) down the line. Enjoy the show! Key Takeaways: [00:00] Introducing Diana Khan and her background [01:45] Her time management as a business owner, attorney, and mom of three children [03:13] Operating her businesses independently [07:04] Best entity set up for rental property owners [14:35] Diana's simple explanation about LLC and personal trust  [17:48] Setting up a trust [20:22] Biggest mistakes for rental property owners [24:51] The process of failure to pay rent [28:26] How do you get a rental license? [37:40] What is an umbrella policy in real estate investing? [43:59] Connect with Diana Khan Guest Links: Website: https://www.dklawmd.com/  Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals   

Joining me on this episode of Living Off Rentals is someone who's been an athlete, Navy veteran, cyber engineer, and now, a short-term rental investor. Stylianos “Steve” Kalamaras is a fighter in every sense of the word. A former boxer turned real estate investor, he's built an impressive short-term rental portfolio that brings in solid cash flow to rival his tech salary.  He is also a member of my First Vacation Rental Investment Blueprint Program, and since joining, he's closed on a handful of standout deals, including one where he converted a two-unit into a three-unit property that's already generating over $3,000 in monthly cash flow. In this episode, we dive into how each chapter of his life, from sports to military service to tech, has contributed to his success as an investor. We also talk about the lessons he learned through the deals he's closed, working with contractors, and why a good house hack might just be the best financial decision you can make. Enjoy the episode! Key Takeaways: [00:00] Introducing Stylianos Kalamaras and his background [02:24] Before getting into real estate [05:28] Skills as a professional athlete and military that played a part in his success as a real estate investor [08:18] His first deal and first full rental [15:42] Launching a new property [17:31] What is the BRRRR strategy? [21:07] The bare minimum in considering a deal [25:23} The biggest risk in business is a knowledge gap [31:21] Getting the kids involved  [32:02] "Get started as soon as you can." [37:26] Connect with Stylianos Kalamaras Guest Links: Instagram: https://www.instagram.com/thegoldengreek  Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals 

Joining us in this episode of Living Off Rentals is someone with a 20-year background in the digital media space. Kamille Longstreet is a real estate investor, influencer, and co-founder of Stay Booked, a company that helps vacation rental owners master independent marketing to grow their bookings.  With over 20 years of experience in the media and digital marketing industry, Kamille was able to generate over $50K in direct bookings (on top of her Airbnb revenue) and grow her Instagram following to 10K+ in less than 9 months.  Listen as she shares the social media strategies to get direct bookings for your properties, how to work with social media influencers, and why social media marketing is a great tool for property hosts. Enjoy the show! Key Takeaways: [00:00] Introducing Kamille Longstreet and her background [02:02] Getting into short-term rentals [09:07] Barriers to moving to another country [19:02] The eight playbooks of how to start getting more direct bookings [25:52] How do you hire an influencer? [28:03] Negotiating and making an agreement with influencers [30:54] Branding is very important [33:18] Content creation [37:53] Creating the direct booking website [49:32] About email marketing [01:00:10] Connect with Kamille Longstreet Guest Links:  Website: https://staybooked.net/  Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals   

In this episode of Living Off Rentals, we're joined by UK-based short-term rental investor Ollie Laing, who's cracked the code on direct bookings. While most hosts rely heavily on platforms like Airbnb and Booking.com, Ollie generates over 50% of his revenue from direct bookings through his own website. In this episode, he shares exactly how he does it. He also talks about some of the key lessons he's learned while building a successful vacation rental business, including how he manages properties remotely, his go-to tactics for driving direct bookings, and the strategies he uses to mitigate risk. Enjoy the show! Key Takeaways: [01:59] How Ollie started in short-term rentals [05:11] Owning your properties vs managing others [11:37] Mitigating problems in short-term rentals [15:06] Ollie on remote management of properties [21:21] About SuiteOp [26:19] Tactics for getting direct bookings [32:21] Mitigating the risk for direct bookings [35:55] His advice for people starting their rental business [43:56] Connect with Ollie Laing Guest Links: Website: https://www.perfectbooking.co.uk/  Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals   

Joining us in this episode of Living Off Rentals is Donald Pearson, a Wealth Management Advisor at Westpac Wealth Partners who holds an impressive list of certifications. Donald is a CERTIFIED FINANCIAL PLANNER™ (CFP®) and a Retirement Income Certified Professional® (RICP®), and he helps individuals and business owners reach their financial goals as efficiently as possible. A graduate of the United States Naval Academy, Donald was commissioned as a Marine Corps officer and later served as a Financial Manager in the Marine Corps. Listen as he shares his full financial journey, the key areas you need to focus on to achieve financial freedom, and why good financial planning is an ongoing process. He also breaks down the four domains of financial planning and walks us through the “mathematical equation” of financial freedom. Enjoy the show! Key Takeaways: [00:00] Introducing Donald Pearson and his background [08:02] Helping clients become more diversified and well-rounded [12:59] The four domains of financial planning  [17:56] Living into someone's living balance sheet [24:17] Good financial planning and decision-making is an ongoing process [31:09] Where do successful people put their money? [44:54] Connect with Donald Pearson Guest Links: Email: donald.pearson@westpacwealth.com Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals   

In this episode of Living Off Rentals, we are joined by Mark Lumpkin, a real estate investor who fell in love with short-term rentals 10 years ago. Mark has helped over 500 short-term rental investors optimize their properties—handling everything from renovations to design—and has guided many others in establishing their own successful rentals. Listen as Mark shares his journey with short-term rentals and how this investment strategy has provided him the flexibility to pursue his passions. We also dive into his work with STR Cribs, exploring how thoughtful design choices can make rentals stand out.  Plus, we discuss why furniture, décor, and strategic renovations are essential for maximizing cash flow in the short-term rental market. Enjoy the show! Key Takeaways: [00:00] Introducing Mark Lumpkin and his background [04:19] How he got into the real estate industry [07:21] Choose a property for short-term rentals with your guest avatar [11:37] Recommended budget for furnishings and design for your property [14:41] What is data-driven design? [18:16] The importance of leaning on expert experience from professional designers [27:57] Doing quick preventive maintenance regularly [31:14] The shift in trends for short-term rentals [36:22] Connect with Mark Lumpkin Guest Links Website: https://strcribs.com/  Email: mlumpkin@strcribs.com   Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals 

Joining us in this episode is someone who has been making waves in the affordable housing space. He is a returning guest, previously appearing on Episode 92 of Living Off Rentals in 2021. Atticus LeBlanc is the founder of PadSplit, the country's largest co-living marketplace, which helps property owners increase cash flow while providing affordable housing for thousands of residents. Since launching in 2017, PadSplit has housed more than 42,000 people and has grown to over 17,000 shared housing units across multiple U.S. markets.  An entrepreneur since 2005, Atticus was an affordable housing developer and contractor before founding PadSplit. Listen as he shares more about how PadSplit works and discusses how he converts living spaces into bedrooms to create massive cash flow. Enjoy the show! Key Takeaways: [00:00] Introducing Atticus LeBlanc and his background [03:47] How PadSplit works? [11:22] Type of property that best works for PadSplit members [17:10] The fractionalization of real estate by time versus the fractionalization of real estate by space [26:25] Managing the challenges of bureaucracy and zoning issues [33:53] How to manage different personalities under one roof? [49:05] Connect with Atticus LeBlanc Guest Links: Website: https://www.padsplit.com/hosts  Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals   

Is college the best path to financial success, or is there another way?  In this episode, Steven Rich shares his bold decision to drop out of his mechanical engineering program and dive headfirst into real estate investing. Now, he is the owner of 50 service accommodation rooms with bookings across several online travel agency (OTA) platforms like Airbnb and Booking.com. Steven reveals the experiences, lessons, risks, and rewards of building a real estate business instead of following the traditional college route.  Tune in to hear his story, and enjoy the show! Key Takeaways: [00:00] Introducing Steven Rich and his background [02:57] His decision to leave college [07:28] The worst-case scenario of leaving your full-time job or college degree [11:14] Risky move to own a 22-room hotel [23:05] Time frame between purchasing the property and start taking bookings [31:38] Optimizing on- and off-seasons in property bookings [41:54] FAIL: First Attempt In Learning [49:20] Outro Guest Links: Follow Steven on Instagram: https://www.instagram.com/steven_rich_property/  Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals   

For today's episode of Living Off Rentals, we are joined by Austin Palacios, a short-term rental investor based in Miami. He is also the bestselling author of “Airbnb Co-hosting Secrets: How to Start and Scale a Co-Hosting Business in 30 Days,” and has been featured on MSN, Mogul's of Business, and US Times. Austin started his career in wealth management and transitioned into investing in real estate at the age of 23. Now, he holds a portfolio of properties across Florida and Chicago. Listen as he shares his journey since leaving his day job in 2021 to focus on investing in real estate full-time. He also reveals a clever strategy for generating rental income without actually owning the property.  Sounds interesting, right? Enjoy the show!   Key Takeaways: [00:00] Introducing Austin Palacios and his background [02:48] Going full-time in real estate investing [06:56] Getting into short-term rentals [13:33] Risks of Airbnb or short-term rentals [18:03] The downside and upside of co-hosting [24:59] Mistakes people make as they're getting into co-hosting [27:36] Type of team members Austin have [36:00] Finding the right market in real estate [43:03] Connect with Austin Palacios   Guest Links: Website: https://www.instagram.com/austin__palacios/     Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals   

Joining us in this episode of Living Off Rentals is someone who has built a portfolio around one of the most sought-after factors in housing—access to top-tier schools. Sean O'Dowd is the Managing Director of Scholastic Capital, a real estate fund that acquires and rents out single-family homes in elite school districts.  He began his career at Boston Consulting Group (BCG) and graduated with honors from The Wharton School of Business. Listen as he shares how he carved out this niche in real estate, what it was like growing up with parents who were against real estate investing, and why his investing strategy is so profitable. Enjoy the show! Key Takeaways [00:00] Introducing Sean O'Down and his background [03:38] His parents are anti-real estate investing [07:15] Ideal type of property to own in school districts [08:20] Unlevered yield on cost [22:43] Open-ended fund model vs closed-end fund [23:57] Two kinds of ways fund managers get paid [33:01] Three different elements on total returns [37:08] Fixable and not-fixable decisions [40:39] Connect with Sean O'Dowd Guest Links: Website: https://scholasticcapital.com/  Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals   

Joining us in this episode of Living Off Rentals is someone who has been a real estate investor since 2004 and has a diverse portfolio of residential, commercial, and self-storage properties. Julie Gates started SID WAS HERE in 2017, which specializes in short-term and long-term rentals. She also produces a local podcast about investing in Savannah, Georgia, called Cashflow Savannah, and hosts a monthly meetup in the area called Cashflow Savannah Meetup.  Listen as she shares how she started her journey as a real estate investor, her focus on short-term rentals, medium-term rentals, self-storage, and commercial properties, and the keys to identifying a high-cash-flowing short-term rental. Let's dive in! Key Takeaways: [00:00] Introducing Julie Gates and her background [02:25] Julie's first property [09:42] Getting a real estate license [18:55] Doing medium-term rentals while doing short-term rentals [33:22] Legitimacy over followers [36:46] How do you identify a high cash-flowing short-term rental? [41:12] Real estate is about the numbers [45:12] The biggest lesson Julie learned in her real estate journey [50:11] Connect with Julie Gates Guest Links: Website: https://sidwashere.com/  Instagram: https://www.instagram.com/sidwashere912/  Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals   

In this episode of Living Off Rentals, we're joined by someone who went from sportscaster to struggling entrepreneur, before finally finding the success and fulfillment he was looking for through short term rental investing. Kyle Stanley spent a decade as a serial entrepreneur before discovering real estate. At 31, he took a chance on investing and quickly realized the power of short-term rentals to generate significant cash flow and transform his financial future. What started as listing a spare room on Airbnb turned into a thriving short-term rental business. Kyle scaled his portfolio, built a management company that grew to 70+ units, sold that company, and now lives off his own rentals while teaching others how to make money through real estate investing via his podcast and platform, The Fearless Investors. This episode is full of valuable insights on scaling with intention, deciding on a real estate exit strategy, creative financing, and more. Enjoy the show! Key Takeaways: [00:00] Introducing Kyle Stanley and his background [03:48] His decision to get started investing in short-term rentals [06:59] Skills + Best Exit Strategy  [17:09] Kyle on building true financial freedom [20:50] What is Creative Financing? [27:26] Identifying properties to invest [33:08] Difference between people who struggle and people who are successful in short-term rental investments [37:31] Quantity versus Quality in short-term rentals [46:21] Connect with Kyle Stanley Guest Links: Website: Visit https://thefearlessinvestors.co/ for a free 15-minute training Email: info@fearlesskyle.com  Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals   

Joining us in this episode of Living Off Rentals is someone who has spent the last decade mastering remote real estate investing across a range of property types. Michael Albaum is a seasoned real estate investor who began his journey in 2012 and has since built a portfolio spanning various asset classes. As the creator of MyFI (Financial Independence) Academy, he now helps others achieve financial independence through real estate investing. In this episode, Michael shares how his early mindset shifts led him to multifamily investing, why he decided to focus on just a few markets, and how he managed to invest remotely—even while traveling internationally and living on the road. He also dives into his definition of financial independence, the sacrifices he made along the way, and his advice for anyone looking to get started in real estate. Enjoy the show! Key Takeaways: [00:00] Introducing Michael Albaum and his background [06:02] Michael's mindset shifts in real estate [08:45] The hardships of real estate [17:34] His journey after that first deal! [22:06] You can diversify within a particular market [28:45] Being a professional remote real estate investor [30:54] Michael's definition of financial independence [38:20] His best deal! [42:09] Connect with Michael Albaum Guest Links: Website: https://www.myfiacademy.com/  Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals   

Joining us on this special fifth-anniversary episode of Living Off Rentals is an attorney with over 15 years of experience helping high-net-worth individuals protect their assets and grow their wealth.  Glenn Truitt is the co-founder of Private Wealth Law, where he focuses on everything from Mergers and Acquisitions to Corporate Governance and Asset Protection.  Born in the suburbs of Chicago and growing up in Denver, Glenn is a proud graduate of the U.S. Naval Academy (graduating 8th in his class) and served as a Ballistic Missile Submarine Officer in the Navy before earning his law degree from Stanford Law School.  In this episode, Glenn breaks down the corporate governance strategies that real estate investors need to know. From choosing the right LLC structure to understanding Series LLCs and Family Limited Partnerships, Glenn shares tips to help you reduce your risk while saving time and money in the long run. If you're serious about protecting your investments, this is an episode you don't want to miss. Listen and enjoy the show! Key Takeaways: [03:10] Introducing Glenn Truitt and his background [08:40] Common Misconceptions for Business Law for Real Estate Investors [15:56] About piercing in real estate [25:11] Series LLC vs Individual [36:37] Glenn's recommendations on the best way to partner in business [42:00] Unsaid expectations, pre-planned problems [48:18] Family Limited Partnership (FLP) [54:33] Connect with Glenn Guest Links: Website: https://privatewealthlawinc.com/  Email: gtruitt@privatewealthlawinc.com The ABCs of LLCs: https://privatewealthlawinc.com/insights/#papers  Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals   

For the third time, we've got Buddy Rushing coming back for today's episode of Living Off Rentals.  He is the co-owner, president, and CEO of White Feather Investments, a company whose mission is to educate and empower military members to achieve financial freedom through real estate investing. Buddy is a Marine Corps veteran whose passion is to help fellow military personnel, and their families generate passive income and achieve financial freedom.  One year after his last appearance, we'll hear more about Buddy's journey in the real estate investing space and how he continuously provides value to people through community building. He also talks about how it's possible to make $600,000 on wholesale (whow!), the upcoming Financial Freedom Summit, and his outlook for 2025 in the real estate investing space.  Enjoy the show! Key Takeaways: [00:00] Introducing Buddy Rushing and his background [04:45] Spending time providing value to people [10:09] His evolution as an investor [20:35] It is possible to make $600,000 in wholesale [23:27] The pros and cons of syndication [32:26] What is the Financial Freedom Summit? [44:45] Buddy's outlook for 2025 in real estate investing [54:13] Connect with Buddy Guest Links: Website: https://financialfreedom.events/  Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals   

Joining us in today's episode of Living Off Rentals is someone who has served as a Black Hawk Helicopter Pilot in the US Army for seven years.  While flying in the Army Beau Webb discovered seller financing, and was able to utilize this strategy to build a portfolio of rental properties. Because of his real estate investments, he was able to leave the military just this past year and not have to worry about finding another W2 job. Beau currently owns a portfolio of over 40 doors of all different types of rental properties. Listen as he shares some of the moves that allowed him to get to financial freedom quickly, as well as the mistakes he made which is part of everyone's real estate investing journey. Enjoy the show! Key Takeaways: [00:00] Introducing Beau Webb and his background [02:15] His first deal [06:35] Seller financing in creating finance [15:31] Beau's unicorn deal [25:09] How does refinancing the seller finance deal work? [34:41] Skill acquired from the military in screening people [49:48] Advice for people who are starting their real estate journey Guest Links: Website: https://www.instagram.com/realestatewebb/ Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals

In this episode of Living Off Rentals, we interviewed Stephanie Figueros. Before her real estate journey, she was once a registered nurse.  Now, she has a unique story and expertise owning short-term rentals, flipping properties, partnering with other investors, and utilizing virtual assistants to run her business.  In addition, she also has a platform to help other people hire VAs as well. Listen as they discuss the importance of hiring VAs for your rental business, what her first few deals look like, and the top lessons she learned along the way! Enjoy the show! Key Takeaways: [00:00] Introducing Stephanie Figueros and her background [01:43] From the healthcare industry to real estate [07:07] The pros and cons of arbitrage [14:50] The mental shift from W2 jobs to real estate investing [20:19] The issue of insurance and financing when leaving full-time work [24:20] What does Stephanie's business structure look like? [32:11] Screening for the right VAs [47:20] The ability to handle multiple personalities Guest Links: Website: https://www.youtube.com/@stephaniefigueros  Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals 

Joining us in this episode of Living Off Rentals is someone who utilized long term rentals as a way to exit his 9-5 job and live a life of freedom. Michael Zuber is the author of 'One Rental at a Time,' and aims to help people start their real estate investing journey by simplifying the process. In this episode, Michael shares his journey from working full-time, to buying his first rental property, suggestion for those just getting started, and the basics of wealth building with real estate in cash flow.  Listen and enjoy the show! Key Takeaways [00:00] Introducing Michael Zuber and his background [02:45] The Basics of Wealth Building with Real Estate [08:00] What are buybacks? [16:33] The Appreciation of Net Worth Alone is Not Enough  [18:00] The benefit of his daily financial show [24:50] The impact of the upcoming administration on the real estate [36:25] Michael's advice for real estate investors Guest Links: Website: https://onerentalatatime.com/  Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals   

In this episode of Living Off Rentals, we are joined by someone who started as a struggling immigrant with $20, a bag of clothes, and no knowledge of English. Larisa Olteanu is now a CEO investor and a philanthropist.  She is the CEO and Founder of Unshakable Wealth and the author of Destined for Wealth, a Wall Street Journal best-seller.  Listen as she shares her journey from the humble streets of Moldova to the US, through resilience, determination, and financial knowledge. She also answers the question of how to build unshakeable wealth. It is an inspirational episode; enjoy the show! Key Takeaways: [00:00] Introducing Larisa Olteanu and her background [02:36] From Moldova to the US [15:11] Realizing she had a passion for finance [18:39] The holistic approach to building wealth [23:40] The technical part of building wealth [33:08] Finding freedom and still making a great living at the same time [49:59] The beauty of real estate [53:37] What's next after leaving your full-time job? [56:28] Larisa's biggest flexes [01:01:13] Connect with Larisa Olteanu Guest Links: Free Money Course: www.unshakablewealth.com/kirby  Amazon Link to Destined For Wealth: https://amzn.to/4dYGLju People can also purchase the book directly on Larisa's website for a discounted price and extra free bonuses. Link to The Book on their website: www.unshakablewealth.com/ebook  Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals   

In this episode of Living Off Rentals, we have a guest who grew from zero properties to over 200 long term and short-term rentals. William Powers and his daughter Shannon, share how they work together in the family business. William started the business with very humble goals, and shares some of the key things he did that allowed him to scale it to an extremely profitable company. Learn about the differences between their rent to own strategy and the short term rental strategy, both of which are key strategies in their business.   Enjoy the show! Key Takeaways: [00:00] Introducing William and Shannon Powers and their background [02:09] Getting into the real estate [08:17] Shift to rent-to-own strategy [14:25] How much does it cost to set up properties? [23:48] What does an ideal deal look like? [28:00] William and Shannon's advice for first-time real estate investors [37:43] Staying motivated after financial freedom [42:01] Keep mistakes small, keep wins big Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals   

In this episode, Kirby interviewed Andrew Keel about an investing strategy that usually doesn't get enough attention, but can be an awesome path to high cash flow and financial freedom - manufactured home investing. Andrew Keel is the host of the podcast “Passive Mobile Home Park Investing.”  He is included in the Top 100 owners of manufactured homes with over 3,000 units under management across 10 states. Listen on his mobile home investing journey as he shares how he turns undermanaged and mismanaged manufacturing home communities into cash flowing assets with increased occupancy and decreased operational expenses. Enjoy the show! Key Takeaways: [00:00] Introducing Andrew Keel and his background [02:28] How he started investing in mobile home investing [07:53] Advantage of investing in manufactured homes [14:07] Difference between mobile home parks and RV parks [23:10] Mobile Home Parks Maintenance [27:19] Seller financing in mobile home parks [32:27] Expected returns for this strategy [37:03] Connect with Andrew Keel [37:45] Outro Guest Links: Website: https://keelteam.com/    Want to have a free e-book from Andrew Keel?  Visit us at https://keelteam.com/top-20-things-learned-from-mobile-home-park-investing/  Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals   

In this episode of Living Off Rentals, we are joined by a West Point graduate and former Special Operations Green Beret Officer.  Quinn McArthur got involved in real estate investing after leaving the Army. He became an expert in an interesting niche which can be extremely profitable and lower risk… land investing.  Quinn buys and sells land, and lends on land deals other investors are doing. This outside the box strategy allows you to avoid having to deal with tenants and toilets, while also building significant streams of income. Learn how you can do this yourself, or invest alongside Quinn in one of his upcoming deals. Enjoy the show! Key Takeaways: [00:00] Introducing and his background [07:22] His Experience at the Special Forces Qualification Course [09:27] Decision to leave the Army and get into real estate investing [19:28] The strategy to build up cash flow from land investment [21:50] How do you know the market value of the land you are buying? [5:42] Strategy for selling land Guest Links: Website: https://apexcapitalre.com/  Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals   

In this episode of Living Off Rentals, we are joined by a legal expert who specializes in the real estate space.  Bishoy Habib has 12 years of legal experience as a lawyer. He is also the founder of Levacy Legal and owns a real estate brokerage as well.  He talks about his experiences and how he helps clients in real estate, business law, and estate planning.  Get to know the answers to common legal questions for real estate investors and minimize the risk of lawsuits and liability. Enjoy the show! Key Takeaways: [00:00] Introducing Bishoy Habib and his background [02:42] Wanting to become an attorney [13:36] Common mistakes investors make in deal structuring [23:15] The issue of transferring from your name into an LLC [25:35] The balance between legal structures [31:24] How to find the right attorney [38:58] Connect with Bishoy Habib [40:21] What is the Sub2 deal? Guest Links: Website: https://levacylegal.com/  Instagram: https://www.instagram.com/attorneybishoy/  Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals

Joining us in this episode of Living Off Rentals is someone who manages over 300 million dollars in assets and has 10+ years of experience in real estate.  Andrew McNair is the host of a weekly radio show called "What Your Money Would Say." He is also the host of the podcast, "Rich, Young, and Powerful."  He appeared as a financial commentator in the Wall Street Journal, Forbes, and Fox Business and contributor at Market Watch. In addition, Andrew is the author of three different books: Don't Be Penny Wise and Dollar Foolish, Tithe: A Living Testimony, and The Giving Crisis. Andrew is the President and Founder of SWAN (Sleep Well At Night) Capital. You won't want to miss Andrew as he shares insights about tithing and giving, legacy about wealth, and business as a charity. Listen and enjoy the show! Key Takeaways: [00:00] Introducing Andrew McNair and his background [02:25] Starting with real estate investing as a young teenager [12:06] Balancing how much to give and balancing that drive [21:06] What property to purchase and how to fund it? [35:13] The positive impacts of raising your giving [41:49] To think that success is a straight arrow is foolishness Guest Links: Website: https://swan-capital.com/  Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals   

Section 8 can be an extremely profitable investing strategy, but there are also quite a few pitfalls investors need to be aware of. On this episode of Living Off Rentals we feature the founder of a company called Section 8 Done Right. Mike Curadossi is a real estate investor who is an expert in Section 8 rentals. He has built a portfolio of 72 Section 8 rentals in the past 11 years and generates over $46,000 cash flow monthly. In this episode, he discusses the profit potential of the Section 8 investing strategy. He also shares ways to mitigate the headaches of Section 8 by doing it right. Enjoy the show! Key Takeaways: [00:00] Introducing Mike Curadossi and his background [02:24] What attracted Mike to invest in Section 8 rentals [05:43] The process for identifying Section 8 properties [23:15] Maintaining relationships with inspectors [28:17] Administration and maintenance of Section 8 properties [39:25] Financing the properties [45:41] Connect with Mike Curadossi Guest Links: Website: https://section8doneright.com/  Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals   

Joining us in this episode of Living Off Rentals is a data-driven interior designer who specializes in transforming vacation rentals into profit powerhouses. Erica Dike is a real estate investor who owns short-term rentals and also manages short-term rentals for others. She combines her background in both business analysis and design to create a proven formula that maximizes ROI through strategic design. Listen as she shares her expertise in this field and her tips on how to increase bookings during  the low season. Enjoy the show! Key Takeaways: [00:00] Introducing Erica Dike and her background [07:36] What is a data-driven design? [13:19] Designing for value and creating a unique experience [17:16] Recommended budget for design [25:38] Recommended time from purchase to set-up [31:48] Clients Erica worked with [39:51] Factors that impact booking [44:14] Design consultation with Erica [50:40] Connect with Erica Dike Guest Links: Website: https://www.ericaooh.com/  Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals 

Joining us for today's episode of Living Off Rentals is someone who has been in digital marketing for over ten years, but with the heart of a real estate investor. Alvaro Berrios wanted to work in the real estate space straight out of college, but when he graduated in 2010, the housing market was terrible. After working in the digital marketing space since college, he decided to take the plunge last year into high cash flowing short-term rentals. He joined the First Vacation Rental Investment Blueprint program and invested in his first property which was extremely budget friendly AND produces over $2,000/month of net cash flow! Listen as he explains how he found this deal, as well as his advice for investors who are looking for a super high cash cash-flowing short-term rental. Enjoy the show! Key Takeaways: [00:00] Introducing Alvaro Berrios and his background [04:49] What does the first property deal look like? [13:47] Alvaro's Vacation Rental Analyzer Spreadsheet [20:59] The misconception of investing in short-term rentals [25:08] Financing a Property [40:51] Alvaro's advice for first-time investors [43:58] Connect with Alvaro Berrios Guest Links: Website: https://alvaroberrios.com/   Alvaro's Listings: The Enchanting Duplex: https://www.airbnb.com/rooms/1152876805867150691  The Mediterranean Oasis: https://www.airbnb.com/rooms/1137786685570433653 The Great Lakes Hideaway: https://www.airbnb.com/rooms/1137676781825775364  Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals   

Joining us in this episode is someone who has been a real estate investor for two decades, and is an expert in dealing with house “squatters,” which is an issue that has become prevalent in recent years. George McCleary is a Squatter and Title Theft Expert who posted a video called "I Stole a House," which exposes how effortless it can be to have a house “stolen” or taken over by squatters.  This video really resonated with the public, and received millions of views on social media. In this episode of Living Off Rentals, George talks about the squatting epidemic that America faces today, and how you can protect yourself and your property.  Tune in to learn how to deal with squatters. Enjoy the show! Key Takeaways: [00:00] Introducing George McLeary and his background [03:29] The Prevalence of Squatting [07:55] Methods to drive away squatters [15:23] If the guest decides to be a squatter [17:45] Squatter Defender Course [21:21] First few steps to handle squatters [27:11] Deed Fraud vs Squatting [32:00] Title Fraud Prevention [43:34] Special Promotion for George's Online Course Special Links: www.squatterdefender.com  - $199 online course Promo Code: KIRBY This code will give you a 20% discount on all products. George McLeary is working on an affiliate program. Stay tuned for that! www.titlefrauddefender.com  - title monitoring starting at $2.25/month instagram.com/mrd_portland facebook.com/MrdPortland linkedin.com/in/georgemccleary youtube.com/@georgemcclearyMRD tiktok.com/@mrd_portland x.com/mcclearyRE  Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals

In this episode of Living Off Rentals, we interviewed Dustin Heiner. He is a real estate investor, author, and coach who helps people reach financial freedom through creating streams of passive income. Dustin started investing in 2006, and went from working full time for the government, to replacing his income with turn key rental properties a few years later.  He currently hosts the podcasts “Master Passive Income” and “Successfully Unemployed.” He now runs one of the top real estate investing conferences in the world, the Real Estate Wealth Builders Conference (REWBCON). Key Takeaways: [00:00] Introducing Dustin Heiner and his background [03:33] The start of his real estate empire [09:27] How he built his portfolio [19:56] 355 unit deal [26:13] Base hits great  [28:05] REWBCON [32:16] The difference between multifamily and single-family homes [37:58] Connect with Dustin Heiner Guest Links: Website: @thedustinheiner on Instagram REWBCON: rewbcon.com [Promo Code: KIRBY] Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals  

Joining us on this episode of Living Off Rentals is someone who went from being a home inspector to an incredibly successful home investor. He currently owns over 85 doors worth of investment property. Tommy went from no investing experience to consistently doing 15 to 20 deals a month in a relatively short period of time.  His market is in Columbus, Ohio, and he has been featured in Business Insider twice as a real estate investing expert. In this episode, he talks about how he transitioned from being a home inspector to becoming a real estate investor, and his advice for people who want to do the same with a minimal amount of savings. Enjoy the show! Key Takeaways [01:51] Introducing Tommy Har and his background [02:32] From home inspector to home investor [10:09] The growth path in real estate investing [17:03] Cold calling as the most effective strategy [20:04] How do you empathize virtually? [26:57] Types of leads for cold calling [30:12] Metrics for a good deal [34:05] Education platform to help aspiring real estate investors [37:09] Connect with Tommy Har Guest Links Website: https://www.instagram.com/tommyharr05/?hl=en  Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals 

Joining us on this episode of Living Off Rentals is someone who went from the military to millionaire through real estate investing. David Pere is a Marine Corps veteran of 13 years who runs an awesome community called "From Military to Millionaire." He is an entrepreneur who went from a negative net worth in 2015 to a seven-figure net worth when he left active-duty service in 2021. In this episode, he shares his advice for someone who wants to leave their full-time job and go into real estate full-time. He also talks about the changes in real estate and his career. Listen and enjoy the show! Key Takeaways [00:00] Introducing David Pere and his background [06:49] The biggest perspective shift [09:20] Advice for people who want to leave their 9-to-5 [15:26] The evolution of investors [27:34] Hotel investing [36:23] Average monthly rate of rooms [38:56] Financing for deals [42:59] The War Room Mastermind [47:51] Connect with David Pere Guest Links Website: https://thebestpodcastguest.com/  Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals   

Joining us on this episode of Living Off Rentals is someone who has been a real estate investor for two decades.  Mark Ainley is the founder of GC Realty & Development, one of the most successful property management companies in Chicago. He is also the host of the Straight Up Chicago Investor podcast. Listen as he discusses how he built his company, focusing on property management–one of the most difficult parts of the real estate investing process. Enjoy the show! Key Takeaways [00:00] Introducing Mark Ainley and his background [03:10] Starting GC Realty and Development [12:40] Biggest turning point that shaped the business [19:30] The past and future of real estate investing in Chicago [23:24] Mark's advice for starting a property management company [36:25] Investing in industrial properties [40:07] Mark's real estate investing goals [44:53] Connect with Mark  Guest Links Website – gcrealtyinc.com    Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – livingoffrentals.com  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals 

On this episode of Living Off Rentals, we talked with Jay Johnson and his son Kent Johnson, a professional ice hockey forward currently playing for the Columbus Blue Jackets of the National Hockey League (NHL). Kent shared what was required to achieve his dream of playing in the NHL and representing Team Canada in the Beijing Olympics two years ago. Jay discussed how, as a parent, you can help your children achieve their full potential.  He also shares what his real estate investing journey looked like while raising Kent and his brother Kyle. Listen as they share the mindset required to grow to the next level, and how you can also adopt a similar thought process. Enjoy the show! Key Takeaways [00:00] Introducing Jay and Kent Johnson and their background [04:05] The turning point [11:55] Getting better results in things you love [14:55] Dealing with setbacks [23:17] Jay's advice for parents to effectively guide their children [30:22] Kent's experience competing in the Beijing Olympics [35:56] The process of setting goals Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – livingoffrentals.com  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals 

Joining us on this episode of Living Off Rentals is Mark Ritter. Mark is the CEO of Member Business Financial Services (MBFS), an entity owned by 13 different credit unions with the mission to help credit unions fund more loans for real estate investors and small business owners. Mark is also the host of the Credit Union Conversations podcast. In this episode, he talked about credit unions, a type of financing that is underutilized because people just don't understand the details. Learn more about credit unions and other types of financing that are perfect for any deal or investor situation. Enjoy the show!  Key Takeaways [00:00] Introducing Mark Ritter and his background [02:43] The difference between a credit union and a bank [08:35] How can people work with a credit union? [10:58] Type of loans offered to real estate investors [16:01] "Credit analysts are very smart" [19:48] Small business loans [29:49] Connect with Mark Ritter and MBFS Guest Links Website – mbfs.org  Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – livingoffrentals.com  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals 

Living Off Rentals 238 – Ryan O'Connell – Supercharge Your Cash Flow with an ADU Joining us today on this episode of Living Off Rentals is someone who is passionate about the Accessory Dwelling Unit or ADU. Ryan O'Connell is a real estate investor who shows how using ADU's can increase cash flow in short and long-term rental investments. Listen as he shares insights about this topic, particularly the versatility of ADU compared to home additions or the purchase of a second property. Enjoy the show! Key Takeaways [00:00] Introducing Ryan O'Connell and his background [05:30] What is ADU? [14:51] The general cost for ADU [23:26] List of states that allow ADU (https://community.how-to-adu.com/adu-rules-by-state) [27:31] Ryan's take on prefabricated homes [34:31] Multi-unit ADU structures [43:29] Connect with Ryan Guest Links Website – youtube.com/c/howtoadu    Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – livingoffrentals.com  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals

Joining us on this episode of Living Off Rentals is Mark Willis, a certified financial planner, three-time number-one best-selling author, and owner of Lake Growth Financial Services. He is a financial planner who is open to different types of strategies in real estate investing. In this episode, he shares some of the major pitfalls of most people's financial plans and how he specializes in working with real estate investors and business owners. We know you'll enjoy learning from Mark–who is also a second-time guest on the show!   Key Takeaways [00:00] Introducing Mark Willis and his background [05:27] Meaningful money conversations [10:31] No guarantees, no predictability [14:54] We have no idea how long we are going to live [16:30] The tax time bomb [19:07] "You are your money guru." [22:31] Asset classes with the most growth and success [26:27] Contractual wealth vs. paper wealth [34:25] Self-directed life [38:13] Connect with Mark Willis Guest Links Website – kickstartwithmark.com   Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – livingoffrentals.com  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals  

Joining us on this episode of Living Off Rentals is someone who specializes as a passive investor backing other people's commercial deals. He started with a single-family home and switched to investing as a full-time limited partner. Travis Watts has been a proven leader in the real estate industry since 2009 in multifamily, single-family, and vacation rentals.  Listen and find out if Travis' strategy as a passive investor is still a viable strategy for people today and whether things have changed or not over the last few years. Enjoy the show! Key Takeaways [00:00] Introducing Travis Watts and his background [04:35] Financial independence [06:36] What does it mean to be a limited partner? [17:40] Protecting existing deals [26:33] Two trademark brands under Ashcroft Capital, LLC [32:38] Good lessons to learn in real estate investing [38:00] Diversification [40:29] Connect with Travis Watts Guest Links Website – info.ashcroftcapital.com/traviswatts  Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – livingoffrentals.com  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals   

Joining us in this episode of Living Off Rentals is someone who has built an impressive portfolio over the last 15 years. He achieved financial freedom through a mix of rental properties and note investments. Nick Disney is a real estate investor who owns 52 doors and notes that created a dependable stream of cash flow. He has grown an impressive portfolio valued at over $3 million and now helps people in their real estate investing journey. In this episode, Nick discusses how rental properties and note investing could help generate regular cash flow. Enjoy the show! Key Takeaways: [00:00] Introducing Nick Disney and his background [04:23] The evolution of his marketing strategy [09:23] BRRRR Model  [13:48] What do numbers look like on a typical deal? [21:08] Best strategy for finding off-market deals [26:53] Note Investing [32:41] Lessons learned [34:41] Connect with Nick Disney Guest Links: Email: nick@mysantoniohouse.com  Socials: @realestate_nick11 Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals 

Joining us for this episode of Living Off Rentals is Steven Andrews, author of the book “The New American Dream: A Simple Roadmap to Purchasing Investment Properties.” Coming out of college, Steven was $75,000 in debt and making $45,000 a year. With little to no money, he used his credit cards to fund his first rental property deal. Listen to how he went from buying properties as a supplement to his income to purchasing real estate full-time. Today, he owns and manages hundreds of properties through his virtual property management company, Realty Management Group. Enjoy the show! Key Takeaways [00:00] Introducing Steven Andrews and his background [04:54] Using a credit card to fund his first real estate deal [11:30] Real estate mentorship [15:53] How do you spot a good deal? [23:21] Doing property management virtually [32:26] Hiring virtual assistants [35:52] Partnerships in real estate [49:39] Connect with Steven Andrews Guest Links Website – soarxconsulting.com   Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – livingoffrentals.com  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals   

Joining us on this episode of Living Off Rentals is an expert in multifamily properties. He has partnered with other investors to purchase over $100 million dollars' worth of these properties. John Casmon hosts a very popular podcast, Multifamily Insights. He came from a corporate job that he enjoyed, but with concerns about having no control of his employment, promotion, and salary, he transitioned to real estate investing. Listen as he shares his journey about how he got started in real estate!   Key Takeaways [00:00] Introducing John Casmon and his background [05:09] House hacking [08:17] Deals that John targets  [11:33] Getting comfortable borrowing a significant amount of money [20:47] The idea of brand building [27:57] Determining the best area to invest [31:45] Real estate investor vs. real estate speculator [37:53] Connect with John Casmon Guest Links Website – casmoncapital.com  Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – livingoffrentals.com  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals 

Joining us on this episode of Living Off Rentals is someone who has been a real estate investor since the early ‘90s. He has a unique way of investing in industrial real estate. Joel Friedland is an accomplished real estate professional with a 40+-year track record in industrial real estate. He has secured over 2,000 industrial property leases and sales, and he provides clients with comprehensive solutions for acquiring, selling, leasing, and investing. Learn about his unique way of buying industrial real estate–without using the bank. Find out how!    Key Takeaways [00:00] Introducing Joel Friedland and his background [07:22] The big shifts in real estate investing [10:45] The all-cash strategy [15:09] His private money partners [23:35] Joel's real estate investing team [30:45] Where are we right now in commercial real estate investing? [37:48] Advice for people who are starting with private money lenders [39:22] W.A.I.T. [40:48] Connect with Joel Friedland Guest Links Website – britproperties.com    Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – livingoffrentals.com  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals   

Joining us on this episode of Living Off Rentals is someone who replaced his six-figure corporate salary with just two coliving rental properties. Listen as we interview Jesse Ray, a real estate investor and digital nomad who is helping business professionals to achieve financial freedom. In this episode, he shares his journey to becoming the owner of coliving rental properties and offers an easy strategy for beginners to get into this business. He documented the process of scaling from $0 to $10 million in his business. Join in on the conversation!  Key Takeaways [00:00] Introducing Jesse Ray and his background [05:38] Starting in real estate in your 20s/early 30s [11:17] Financing his first deal [17:30] Defining coliving [19:08] How to manage coliving rental properties [29:48] Jesse's day-to-day operations as a digital nomad [34:03] First steps for people who want to achieve financial freedom [36:31] Transition from corporate career to real estate investing  [39:46] Connect with Jesse Ray Guest Links Website – linkedin.com/in/jesserayc  Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – livingoffrentals.com  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals 

In this episode of Living Off Rentals, our guest is someone who went from being homeless to owning over 100 doors of real estate and doing over $10 million in real estate deals. He achieved his dream of a successful career through self-motivation and determination. Ray Glymph is a business and life coach who has helped encourage new and veteran entrepreneurs to improve their businesses. Ray is a candidate for 40 Under 40 and the host of Motivational Monday at FOX 10.  Listen as he shares his wonderful journey in real estate and how he received the New Business of the Year Award. Enjoy the show!   Key Takeaways [00:00] Introducing Ray Glymph and his background [01:45] What was life like being homeless? [05:49] Real estate on the road to freedom [14:02] What does it take to be successful? [18:38] His inspiration for being a life coach [20:42] Finding the right commercial tenant [25:01] What's your "why"? [31:24] Connect with Ray Glymph   Guest Links Website – rglymph.com  Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – livingoffrentals.com  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals 

Joining us today on Living Off Rentals is someone who found his niche by creating a tech platform for managing short-term rental and vacation rental cleaners. He now has a product that most short-term rental owners use in their business. Assaf Karmon is a tech entrepreneur, CEO, and cofounder of Turno, a service that connects short-term and vacation rental hosts with cleaners to provide seamless turnover service. He is a top-level software engineer and an experienced short-term rental host himself. Listen as Kirby and Assaf talk about this tech tool that solves one of the hardest parts of short-term rentals: ensuring that properties are clean between guests. Enjoy the show! Key Takeaways [00:00] Introducing Assaf Karmon and his background [05:30] What is Turno? [08:57] The unpredictable nature of managing thousands of cleaners [15:54] The process of incorporating the payment platform [18:39] Retention and compliance tool [22:49] The quality center [27:55] The advantages of using Turno Guest Links Website – turno.com  Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – livingoffrentals.com  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals   

Joining us today on this episode of Living Off Rentals is someone who thinks deeply about finding financial freedom and living a lifestyle by design. At a young age, he realized he didn't want to be in a corporate 9-5 lifestyle until he was 60, so he decided to invest in real estate. Brian Leubben is a successful entrepreneur, podcaster, and real estate investor. He now runs a thriving podcast, "The Action Academy Podcast," and is the author of a new book, "From Passive to Passion."  In this episode, Brian shares some good advice about how he left his six-figure job a few years ago and is now financially free. Want to know what financial freedom means for him? Listen and enjoy the show! Key Takeaways [00:00] Introducing Brian Leubben and his background [02:26] The turning point from living 9 to 5 to becoming an entrepreneur [07:22] The corporate escape plan [15:30] Survive, arrive, and drive [21:56] The make-and-break for entrepreneurs [29:04] Achieving impossible goals [35:55] Begin with the organizational chart [39:59] Connect with Brian Leubben   Guest Links Websites – actionacademypod.com and brianluebben.com/w2toworldtravel  Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – livingoffrentals.com  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals   

Joining us on this episode of Living Off Rentals is someone who runs a short-term rental business in Japan. Tracey Northcott got into the Japanese Airbnb business by accident. She came to Japan to work with her brother as a software engineer, and she now owns more than 23 properties all over Tokyo.  Listen as she shares her story of how she got into real estate and how she manages short-term rentals outside the U.S. Enjoy the show!   Key Takeaways [00:00] Introducing Tracey Northcott and her background [09:00] Regulations of Airbnb in Japan [13:09] Requirements for getting the hotel license [19:40] How do you decide if a property is worth it? [29:11] Mine your brand [34:03] Main sources of direct bookings [36:30] “7 Hosting Mistakes You're Making Right Now” [41:40] Connect with Tracey  Guest Links Website – tracey-northcott.com  Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – livingoffrentals.com  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals 

Joining us on this episode of Living Off Rentals is a short-term rental owner and the founder of Direct Booking Success. Jenn Boyles helps short-term and vacation rental property managers, owners, and hosts to build and grow their rental businesses. She created a program to help investors with their marketing action plans. In this episode, Jenn will share information on how to limit the risk and cost of Airbnb and how business owners can move to 100% direct bookings. Listen and enjoy the show!   Key Takeaways [00:00] Introducing Jenn Boyles and her background [07:30] 100% direct bookings [10:04] Advantages of direct bookings [15:47] On screening quality guests [22:05] Booking terms and conditions [24:23] Start getting your guests' details [ 31:05] The Direct Booking Success Summit [32:48] Connect with Jenn Boyles  Guest Links Website – directbookingsuccess.com    Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – livingoffrentals.com  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals

In this episode of Living Off Rentals, we interviewed someone who has always been fascinated with building wealth. He took a job in sales because he thought that salespeople could control their income. Chad King started by flipping and wholesaling properties. He has completed over 400 flips and started using his active income to buy real estate, and he now owns 21 commercial properties. Listen to Chad's real estate investing journey and his impressive amount of experience in real estate. Enjoy the show!   Key Takeaways [00:00] Introducing Chad King and his background [05:34] Transition from flipping to rentals [09:16] Chad's day-to-day running of a multifamily business [13:40] Biggest lesson in scaling up business             [21:30] Stress testing [30:18] The market rewards action [33:34] Chad's goal in his real estate business [39:29] His advice for those starting their real estate journey [43:10] Connect with Chad King   Guest Links Website – instagram.com/mrchadking  Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – livingoffrentals.com  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals 

Joining us on this episode of Living Off Rentals is a military veteran working in the corporate world since leaving the Army.  Paul Proios is a member of the First Vacation Rental Investment Blueprint program. He recently decided to replace his corporate income with real estate cash flow.  Listen as he shares how in just over a year he is making $6k per month in cash flow from his first three short-term rentals. Enjoy the show!    Key Takeaways [00:00] Introducing Paul Proios and his background [10:29] Switch from long-term rentals to short-term rentals [24:07] Paul's cash flow in his three properties [31:55] The stigma against long-term rentals [35:51] Before stepping away from his corporate job [41:12] Lesson learned in his real estate investing journey [44:45] Main strategy for finding deals [48:19] Connect with Paul Proios    Guest Links Website – airbnb.com/users/show/440221007  Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – livingoffrentals.com  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals   

Joining us today on this episode of Living Off Rentals is someone who turned from being a computer engineer to becoming an expert in investing in notes and leveraging retirement accounts. Fred Moskowitz is an alternative investment expert, speaker, author, and trainer. He wrote a book entitled The Little Green Book of Note Investing.  In this episode, he talks about investing in notes, leveraging retirement accounts, and building wealth and alternative assets. Enjoy the show!   Key Takeaways [00:00] Introducing Fred Moskowitz and his background [04:01] What are alternative investments? [06:38] How does note investing work? [12:30] Residential mortgage notes [14:52] Evaluating a good note to invest in [21:14] How many notes do people need to invest in? [33:10] Relationships with other investors [35:07] On finding new notes to buy  [36:32] Connect with Fred Moskowitz Guest Links Website – fredmoskowitz.com  Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – livingoffrentals.com  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals