REI Society

If you listened to the last episode, you heard about my crazy week and we learned a lot of valuable lessons. On this episode, the week continues into the weekend and the gifts kept on giving! Allow me to share with you the lessons that this weekend gifted me. :-) Let's Create Wealth and Design Your Dream Life with Short Term Rentals! #5StarSTRSuccess CLICK the link for all things 5 Star STR Success (EBook, Masterclass, FB Group, etc...)... 5StarSTRSuccess.com 

It's been a crazy week here in Brandonland! I wanted to take a few minutes to share some insight, while I was traveling, to help you get a good understanding of a normal/busy week of the full-time STR Investor....aka, me. :-) Between my STR brokerage, my actual STRs (20+ and growing), and my STR education company, you can imagine I keep a pretty full-up schedule, so thank you for taking the time to listen. I know you'll appreciate the perspective.  Enjoy this short podcast from my car and let me know what you think! Let's Create Wealth and Design Your Dream Life with Short Term Rentals! #5StarSTRSuccess CLICK the link for all things 5 Star STR Success (EBook, Masterclass, FB Group, etc...)... 5StarSTRSuccess.com 

You are going to be excited about this week's episode!  For the past few weeks, I've been behind the scenes with my friend and founder of an incredible new software called STRInsights.com, Kenny Bedwell.  At the airing of this podcast episode, this game-changing tool hasn't been released yet to the public, however, I've had the pleasure of using the tool's data to analyze some markets for myself, and I'm BLOW AWAY at the results.  Just for clarification, I am not a partner or affiliate, just an excited end user ready to share it with my community, clients, and students!  Hope you enjoy this week's special episode! Let's Create Wealth and Design Your Dream Life with Short Term Rentals! #5StarSTRSuccess CLICK the link for all things 5 Star STR Success (EBook, Masterclass, FB Group, etc...)... 5StarSTRSuccess.com 

In this episode, we share a snippet of audio from our first ever Short Term Rental Success Seminars. We selected one for you where Brandon gets a bit vulnerable and shares his crazy history AND his huge vision for the future. It was powerful to hear in person and will be just as inspiring to hear on the special episode! Enjoy!  Let's Create Wealth and Design Your Dream Life with Short Term Rentals! #5StarSTRSuccess CLICK the link for all things 5 Star STR Success (EBook, Masterclass, FB Group, etc...)... 5StarSTRSuccess.com 

In this episode, Brandon discloses a "secret" to investing in competitive markets. Honestly, it's not really a secret as much as it's an understanding of your guests, and the experience they are after. Listen in to learn more! Enjoy this "Anti-Guru" episode. Let's Create Wealth and Design Your Dream Life with Short Term Rentals! #5StarSTRSuccess CLICK the link for all things 5 Star STR Success (EBook, Masterclass, FB Group, etc...)... 5StarSTRSuccess.com 

Thanks to some technical difficulties with our video recording of Brandon's special presentation of The 2022 STR Confidential, you get to LISTEN in on this powerful presentation! Enjoy!  The STR Confidential 2022 The Insider's Access to the 2022 STR Market The Truth About New Hosts They Don't Want You To Know The Facts About Scaling and Why You Must You Were Right All Along...The Real STR Opportunity Let's Create Wealth and Design Your Dream Life with Short Term Rentals! #5StarSTRSuccess CLICK the link for all things 5 Star STR Success (EBook, Masterclass, FB Group, etc...)... 5StarSTRSuccess.com 

We have got a special treat for you! The episode this week is with my personal CPA, Roger T. Herring.  I wanted to give an exclusive podcast listening session for my group members and convinced Roger to do the interview LIVE for us here in the 5 Star STR Success FB community. Roger is considered The Investor's Accountant and is a master at what he does. We are going to cover... - Cost Segregation - Master Lease Set Up - Entity Structure Let's Create Wealth and Design Your Dream Life with Short Term Rentals! #5StarSTRSuccess CLICK the link for all things 5 Star STR Success (EBook, Masterclass, FB Group, etc...)... 5StarSTRSuccess.com 

In this episode, Brandon shares his insight on the "theory" of STRs. He'll dive into the main points to consider when having a competitive advantage in the STR marketplace. As with many standards of excellence, many don't put the simple theory into practice...take these points and put them into place in your STR business! Let's Create Wealth and Design Your Dream Life with Short Term Rentals! #5StarSTRSuccess CLICK the link for all things 5 Star STR Success (EBook, Masterclass, FB Group, etc...)... 5StarSTRSuccess.com 

5 Star STR Success Community Questions: Is Dynamic Pricing Set It and Forget It? Dynamic pricing is a powerful tool to help maximize profits with your STR and you are missing out if you don't use it in your business. That said, if you don't use it correctly you could be missing out BIG TIME. In this episode, I'll answer your questions on Dynamic Pricing and help get you using the tool the right way!  Let's Create Wealth and Design Your Dream Life with Short Term Rentals! #5StarSTRSuccess CLICK the link for all things 5 Star STR Success (EBook, Masterclass, FB Group, etc...)... 5StarSTRSuccess.com 

In this episode, we have an awesome two-part show. Firstly, STR in the News: Brandon shares his insights and opinions on Airbnb & Preventing Racial Discrimination, and 2nd home loans are increasing. In part two, you'll learn an actionable strategy on how to find a vacation home in any market, especially in a competitive market.  Let's Create Wealth and Design Your Dream Life with Short Term Rentals! #5StarSTRSuccess CLICK the link for all things 5 Star STR Success (EBook, Masterclass, FB Group, etc...)... 5StarSTRSuccess.com 

Welcome to 5 Star STR Success!  This 1st episode is all about the future of STRs and where we are NOW in the opportunity cycle. LISTEN to this and then TAKE ACTION immediately! It's not too late!  With the new year comes a new focus with this podcast, Short Term Rentals!  Announcing the change from REI Society Podcast to...5 Star STR Success  Originally, this podcast was broadly focused on REI as a whole and although there is much love for all areas of Real Estate Investing, our passion is in STRs! There is nothing like the opportunity of Short Term Rentals! And we don't mean just any STRs, we mean 5 Star STRs. Quality properties that offer an unforgettable quality experience for guests. Along with 5 Star STR Success comes wealth and freedom...and this is the message of this new show.  Let's Create Wealth and Design Your Dream Life with Short Term Rentals! #5StarSTRSuccess CLICK the link for all things 5 Star STR Success (EBook, Masterclass, FB Group, etc...)... www.5StarSTRSuccess.com

Having clear guidelines for your Contractors to follow is key for successful Fix & Flips. It's easy to have miscommunication mishaps if you are not careful. In this podcast, I'll share my Contractor communication tips! Listen

Do you wish that you could evaluate a property like a Realtor? Well…If so, then listen to this episode to learn how you can do it… The closer you can get to evaluating your property properly, the less likely you'll leave money on the table from the get go! Listen

I have been focusing more on one side than the other lately, however, I have both Long term and Short term rentals…I even have one that was intended to be a long term rental that ended up doing best as a short term…Either way, both can be beneficial. Which do you like better? Listen

Becoming a millionaire, then losing it all in 2008 was tough! However, I was able to build it all back again and become a millionaire AGAIN, using these 10 powerful habits. Listen

Perception is key when it comes to predictions. Will we feel safer as investors when the vaccine becomes more readily available? Here's my scoop… Listen

What's the best route to flipping a home? In this episode, you'll learn about the 4 types of flips that I do and you should do all of these too. You'll also learn what ROI percentages/numbers to go after seeking your next flip profit! Listen

Episode 90 To build a real estate investing team, you need to be a leader who sets expectations... You also need to be fair, honest, and full integrity... In this episode, I speak to you all about how I run my business, so that you can learn how to run yours... Listen

Episode 89: Everyone wanders about how much earnest money they should offer when first starting out as an investor. In this episode you'll learn how much earnest money to put up when working direct to seller. You'll also learn how you can make your contract completely profitable even if you can't sell it... These earnest money hacks and more can save your deal... Listen

All the gurus tell you that the BRRRR is the best thing since sliced bread, right? Not necessarily... What if this strategy backfires on you and you find yourself leaving massive amounts of money on the table? This is a must listen episode... Listen

In long term rental investing, it's your duty to mind your own business. Robert Kiyosaki oftentimes speaks on minding his own business... In this episode, you'll find out what that means and why it's so important to mind your own long term rental business! Listen

Episode 86: I bought a haunted house one time... A stigmatized property... Here are the lessons learned! Listen

You're a flipper and you can't find any deals on the market because there's a shortage of inventory... What do you do? Well, first you need to take matters into your own hands... This episode will teach you what to do! Listen

You had 30 5 Star Reviews… You're a SuperHost Now… However, you finally got a bad review…It was negative, there were some lies, and you're worried about you're longevity on the platform… In this episode, you'll learn just how to handle these reviews and so much more! Listen

Episode 83: You're stumped… All of these hard money lenders and private capital funds want these exorbitant interest rates and made up fees… What do you do? How do you pay less? In this episode, you'll learn that hard money and private capital can really compound your business especially when starting out. However, as you'll see, you must pay your dues when starting out!! The only way to pay less to your money partners is by creating a track record, education and experience, and successful relationships… You're going to learn how to produce these results and more! Listen

Episode 82: How can you create more passive income? What about more lifestyle? How can you become an entrepreneur for life? In this episode you'll learn about my story so that it can help you build your story... The goal? You guessed it! You'll become an entrepreneur for life! Listen

1031 Tax Free Exchanges... In this episode you'll learn all about 1031's as well as my experience transacting my first one! Lots of information packed in this episode...You don't want to miss it! Listen

From $30k a year starting out to 7 figures flipping…How did I do it?? More importantly, how can you multiply your income in a much shorter time period than I did? In this lesson, we'll go over how you can continually learn to earn! Listen

Episode 79: You're finally making money and embracing the fruits of your labor... Then you get that scary letter that has terrible allegations towards you... Terms like fraud, misrepresentation, and more are being thrown around... This episode will tell you how to handle such letters, what to do in cases of miscommunications, and more! You'll also hear about real lawsuit threats/case studies involving yours truly.... Listen

From the local community turning me in for painting the exterior brick, to being told that my vinyl window install was not ok...it was all illegal and I had no idea!

Staying in your Short Term Rental is a must...However, visiting the amenities surrounding your short term rental is also necessary. When your guests look over your short term rental online, the first thing they are going to do is look at your pictures and reviews... The second thing? A guest wants to know how they can entertain themselves while staying in your gorgeous boutique home

Modern floorplans…Great Design…Gorgeous aesthetics… Now it's time to launch it on Airbnb, VRBO, Booking.com, and more right? WRONG! You need to physically stay in your short term rental first to find all the problems and to make sure your rental is not missing anything…Doing this can literally save you thousands!! What do I mean…? Listen

Creating Massive Value On Your Rehabs Ever wandered how you can add massive value

Have "Gurus," told you that you can become a Millionaire in a couple of years as a Real Estate Investor? The truth is, I have been investing in Real Estate for over 18 years and although I have made Millions as an Investor, It didn't happen as fast as you think. In this video, I'll let you in on the breakthroughs I've had that I've had to help propel you to REI success! To learn more, and for the complete show notes, visit: reisociety.com Resources: • Join my REI Society Real Estate Training Programs: http://www.reisocietyedu.com (www.reisocietyedu.com)  Text “Investor” to 404.341.2897 to receive my investor deck. • If you aren’t using Propstream yet, you should be. Get your 7-Day Free Trial at     http://www.trial.propstreampro.com/reisociety (www.trial.propstreampro.com/reisociety).  This is where I pull my lists that I utilize and market to sellers…I find my best deals here! • Follow me on Instagram @brandongthompson • Follow me on Twitter @brandgthompson Join my Facebook Group: REI Society Connections https://www.facebook.com/groups/reisociety (facebook.com/groups/reisociety)

I don't have money! I have terrible credit! These are thing things I hear all the time from my Wholesaling students. Watch this video, I have some good news for you... Resources: • Join my REI Society Real Estate Training Programs: http://www.reisocietyedu.com/ (www.reisocietyedu.co)m  Text “Investor” to 404.341.2897 to receive my investor deck. • If you aren’t using Propstream yet, you should be. Get your 7-Day Free Trial at  http://www.trial.propstreampro.com/reisociety (www.trial.propstreampro.com/reisociety). This is where I pull my lists that I utilize and market to sellers…I find my best deals here! • Follow me on Instagram @brandongthompson • Follow me on Twitter @brandgthompson • Join my Facebook Group: REI Society Connections https://www.facebook.com/groups/reisociety (facebook.com/groups/reisociety)

Want a free mentor? Text me anytime. I’m so thankful for you and want to express my gratitude for you by helping you rise above and up-level your game! To learn more, and for the complete show notes, visit: reisociety.com Resources: • Join my REI Society Real Estate Training Programs: http://www.reisocietyedu.com/ (www.reisocietyedu.com)  Text “Investor” to 404.341.2897 to receive my investor deck. Read https://amzn.to/34XvrDV (Purple Cow) by Seth Godin to make yourself unforgettable in your own space! • If you aren’t using Propstream yet, you should be. Get your 7-Day Free Trial at  http://www.trial.propstreampro.com/reisociety (www.trial.propstreampro.com/reisociety). This is where I pull my lists that I utilize and market to sellers…I find my best deals here! • Follow me on Instagram @brandongthompson • Follow me on Twitter @brandgthompson • Join my Facebook Group: REI Society Connections https://www.facebook.com/groups/reisociety (facebook.com/groups/reisociety)

Along the way, I stopped dreaming because I accomplished everything I always wanted. Now, I’m dreaming again and I want to take you along the ride so you dream bigger dreams…Your goals are now my goals as we work each other up the ladder of success. To learn more, and for the complete show notes, visit: reisociety.com Resources: • Join my REI Society Real Estate Training Programs: http://www.reisocietyedu.com (www.reisocietyedu.com)  Text “Investor” to 404.341.2897 to receive my investor deck. • If you aren’t using Propstream yet, you should be. Get your 7-Day Free Trial at     http://www.trial.propstreampro.com/reisociety (www.trial.propstreampro.com/reisociety).  This is where I pull my lists that I utilize and market to sellers…I find my best deals here! • Follow me on Instagram @brandongthompson • Follow me on Twitter @brandgthompson • Join my Facebook Group: REI Society Connections https://www.facebook.com/groups/reisociety (facebook.com/groups/reisociety)

There are multiple ways to finance a deal. Partnerships, equity splits, hard money, no money or low money down, seller financing, and so much more…I’m explaining and breaking it all down for the mic drop! Are you ready to learn? Let’s go! To learn more, and for the complete show notes, visit: reisociety.com Resources: • Join my REI Society Real Estate Training Programs: http://www.reisocietyedu.com (www.reisocietyedu.com)  Text “Investor” to 404.341.2897 to receive my investor deck. Read https://amzn.to/34XvrDV (Purple Cow) by Seth Godin to make yourself unforgettable in your own space! • If you aren’t using Propstream yet, you should be. Get your 7-Day Free Trial at     http://www.trial.propstreampro.com/reisociety (www.trial.propstreampro.com/reisociety).  This is where I pull my lists that I utilize and market to sellers…I find my best deals here! • Follow me on Instagram @brandongthompson • Follow me on Twitter @brandgthompson • Join my Facebook Group: REI Society Connections https://www.facebook.com/groups/reisociety (facebook.com/groups/reisociety)

In this episode, I tell you why I love short term rentals. I also explain my exit plan I have after building out my 30 boutique home portfolio over the next 2 years…Guess what; it’s a multi-million dollar exit plan! If I can build it, then you can too! To learn more, and for the complete show notes, visit: reisociety.com Resources: • Join my Short-Term Rental Training Program: http://www.reisocietyedu.com (www.reisocietyedu.com)  Text “Society” to 404.341.2897 to become part of my inner society…Learn the tips, tricks, and habits of successful real estate investors here. Read https://amzn.to/34XvrDV (Purple Cow) by Seth Godin to make yourself unforgettable in your own space! • If you aren’t using Propstream yet, you should be. Get your 7-Day Free Trial at     http://www.trial.propstreampro.com/reisociety (www.trial.propstreampro.com/reisociety).  This is where I pull my lists that I utilize and market to sellers…I find my best deals here! • Follow me on Instagram @brandongthompson • Follow me on Twitter @brandgthompson • Join my Facebook Group: REI Society Connections https://www.facebook.com/groups/reisociety (facebook.com/groups/reisociety)

In this episode, I teach you about intentionality in determining the best short-term rental property… I also teach you to create a home and experience for an ideal client that you would like to see stay in your home. To learn more, and for the complete show notes, visit: reisociety.com Resources: • Join my Short-Term Rental Training Program: http://www.reisocietyedu.com (www.reisocietyedu.com)  Text “Society” to 404.341.2897 to become part of my inner society…Learn the tips, tricks, and habits of successful real estate investors here. Read https://amzn.to/34XvrDV (Purple Cow) by Seth Godin to make yourself unforgettable in your own space! • If you aren’t using Propstream yet, you should be. Get your 7-Day Free Trial at     http://www.trial.propstreampro.com/reisociety (www.trial.propstreampro.com/reisociety).  This is where I pull my lists that I utilize and market to sellers…I find my best deals here! • Follow me on Instagram @brandongthompson • Follow me on Twitter @brandgthompson • Join my Facebook Group: REI Society Connections https://www.facebook.com/groups/reisociety (facebook.com/groups/reisociety)

In this episode, I teach how to succeed in short term rental investing as well as how to select the best and most profitable property ever…If you build a short term rental portfolio with intentionality, then you can make 2.5 times or more than you ever would with a long term rental…You’ll also find that the short term rental industry is still in its infancy…Why not set yourself up for success to receive a slice of the pie here?  To learn more, and for the complete show notes, visit: reisociety.com Resources: • Join my Short-Term Rental Training Program: http://www.reisocietyedu.com (www.reisocietyedu.com)  Text “Society” to 404.341.2897 to become part of my inner society…Learn the tips, tricks, and habits of successful real estate investors here. Read https://amzn.to/34XvrDV (Purple Cow) by Seth Godin to make yourself unforgettable in your own space! • If you aren’t using Propstream yet, you should be. Get your 7-Day Free Trial at     http://www.trial.propstreampro.com/reisociety (www.trial.propstreampro.com/reisociety).  This is where I pull my lists that I utilize and market to sellers…I find my best deals here! • Follow me on Instagram @brandongthompson • Follow me on Twitter @brandgthompson • Join my Facebook Group: REI Society Connections https://www.facebook.com/groups/reisociety (facebook.com/groups/reisociety)

In this episode, I teach you which LLC’s to set up for the different types of properties. Active income should be set up in S-elected taxed LLC’s. Passive income should be set up in standard LLC’s. I also teach you about why you need these for asset protection as well as informing you about the necessary insurance you need for the 4 pillars of real estate… To learn more, and for the complete show notes, visit: reisociety.com Resources: • Join my 4 Pillars of Real Estate Training Programs: http://www.reisocietyedu.com (www.reisocietyedu.com)  Text “Society” to 404.341.2897 to become part of my inner society…Learn the tips, tricks, and habits of successful real estate investors here. Check out https://bit.ly/30h5wEg (Hemlane) for your Long Term Rental Software • If you aren’t using Propstream yet, you should be. Get your 7-Day Free Trial at     http://www.trial.propstreampro.com/reisociety (www.trial.propstreampro.com/reisociety).  This is where I pull my lists that I utilize and market to sellers…I find my best deals here! • Follow me on Instagram @brandongthompson • Follow me on Twitter @brandgthompson • Join my Facebook Group: REI Society Connections https://www.facebook.com/groups/reisociety (facebook.com/groups/reisociety)

In this episode, I teach you about managing your own rentals through self-management. I teach you the dos and the dont’s, how to be tough, how to serve your tenants properly, and how to deal with worst case scenarios. I also walk you through all the logistics of self-management from application to eviction if your rental comes to it… To learn more, and for the complete show notes, visit: reisociety.com Resources: • Join my Long Term Rental Investing Training Program: http://www.reisocietyedu.com (www.reisocietyedu.com)  Text “Society” to 404.341.2897 to become part of my inner society…Learn the tips, tricks, and habits of successful real estate investors here. Check out https://bit.ly/30h5wEg (Hemlane) for your Long Term Rental Software • If you aren’t using Propstream yet, you should be. Get your 7-Day Free Trial at     http://www.trial.propstreampro.com/reisociety (www.trial.propstreampro.com/reisociety).  This is where I pull my lists that I utilize and market to sellers…I find my best deals here! • Follow me on Instagram @brandongthompson • Follow me on Twitter @brandgthompson • Join my Facebook Group: REI Society Connections https://www.facebook.com/groups/reisociety (facebook.com/groups/reisociety)

In this episode, I teach you about managing your rentals with a property manager. You’ll also learn which questions to ask when you are interviewing property managers… To learn more, and for the complete show notes, visit: reisociety.com Resources: • Join my Long Term Rental Investing Training Program: http://www.reisocietyedu.com (www.reisocietyedu.com)  Text “Society” to 404.341.2897 to become part of my inner society…Learn the tips, tricks, and habits of successful real estate investors here. Check out https://bit.ly/30h5wEg (Hemlane) for your Long Term Rental Software • If you aren’t using Propstream yet, you should be. Get your 7-Day Free Trial at     http://www.trial.propstreampro.com/reisociety (www.trial.propstreampro.com/reisociety).  This is where I pull my lists that I utilize and market to sellers…I find my best deals here! • Follow me on Instagram @brandongthompson • Follow me on Twitter @brandgthompson • Join my Facebook Group: REI Society Connections https://www.facebook.com/groups/reisociety (facebook.com/groups/reisociety)

To learn more, and for the complete show notes, visit: reisociety.com Resources: • Join my Long Term Rental Investing Training Program: http://www.reisocietyedu.com/ (www.reisocietyedu.com)  Text “Society” to 404.341.2897 to become part of my inner society…Learn the tips, tricks, and habits of successful real estate investors here. Read https://amzn.to/3n2aPRM (Never Split the Difference) by Chris Voss…I highly recommend this book to better your negotiating skills Check out https://bit.ly/30h5wEg (Hemlane) for your Long Term Rental Software • If you aren’t using Propstream yet, you should be. Get your 7-Day Free Trial at  http://www.trial.propstreampro.com/reisociety (www.trial.propstreampro.com/reisociety). This is where I pull my lists that I utilize and market to sellers…I find my best deals here! • Follow me on Instagram @brandongthompson • Follow me on Twitter @brandgthompson • Join my Facebook Group: REI Society Connections https://www.facebook.com/groups/reisociety (facebook.com/groups/reisociety)