Living Off Rentals

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

Joining us today on Living Off Rentals are Zackry Cooper and John Cascarano. Zackry is an entrepreneur with 20 years of experience in residential mortgage financing and real estate. John is an experienced attorney, brand founder, and entrepreneur who has founded multiple companies. In this episode, Zackry and John talk about owning RV parks as a strategy. We discuss the pros and cons and get their recommendations about this investment strategy. This is a perfect option for listeners who want to get into large deals but don't want to deal with tenants. Enjoy the show! Key Takeaways [00:00] Introducing Zackry and John and their background [09:27] Making deals in RV parks [21:53] Offers for their investing partners [26:51] Why RV parks rather than commercial buildings? [32:57] Risks of RV parks in market shifts [36:07] On locating deals [39:46] Zack and John's advice on buying their first RV park [42:10] Connect with Zack and John Guest Links Website – bluemetricgroup.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 are joined by Tess Bessent. Before going all in on real estate investing, she was in the liquor business, based in Las Vegas. Tess Bessent is a busy professional seeking passive income through real estate. She is ready to share her inspiring story along with the lessons she’s learned throughout her journey. Listen as she shares her work experience, education, and challenges in real estate investing. Enjoy the show! Key Takeaways [00:00] Introducing Tess Bessent and her background [07:14] Her first deal after going full-time in real estate [11:24] Deals that don't make sense [17:03] Direct seller marketing [22:17] Shift from investing in long-term rentals to flipping real estate [29:37] Chicago as the target market [33:50] Building generational wealth for the family [45:53] Gaining knowledge in real estate investing [51:59] Goal for the future [53:35] Connect with Tess Bessent [54:40] Outro Guest Links Website – bcbcollective.net Airbnb listing - https://www.airbnb.com/rooms/1108751604048785753 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 passionate about real estate, an educator, and an entrepreneur. He started as a savvy investor, specializing in multifamily properties and house-hacking. Steve Yoak is on a mission to help people succeed in real estate investing through his skills in strategic investments and mastering the art of property transformations. Listen as he shares his journey in the turnkey rental business and the challenges he’s faced along the way. Enjoy the show! Key Takeaways [00:00] Introducing Steve Yoak and his background [09:38] What is a turnkey rental? [14:16] How do operators get paid in the turnkey rental business? [17:33] The most challenging aspect of managing turnkey rentals [26:20] Property management systems [36:27] Steve's goal for his business [41:25] The do’s and don’ts for buying a property [44:45] Connect with Steve Yoak Guest Links Website – akronturnkey.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 today's Living Off Rentals episode is someone who has been in the real estate world since 2003. He is a successful real estate investor involved in thousands of transactions, from rentals to flips to lending. Derek Dombeck is also a speaker and a best-selling author who is passionate about teaching and mentoring people to help them improve their financial situations through real estate investing. He has a podcast called Generations of Wealth Podcast, where he seeks to help listners "Nurture prosperity over time." Listen and enjoy the show! Key Takeaways: [00:00] Introducing Derek Dombeck and his background [05:17] How Derek started his real estate investing journey [11:28] How does a typical deal look like? [14:33] Most people pay too much for their deals [17:33] A good candidate for a loan [20:40] The market shifts [25:00] Facilitating deals than just buying/owning real estate [34:40] The attitude of not quitting [37:51] The mindset shift [39:46] Connect with Derek Dombeck Guest Links: Website: https://thegenerationsofwealth.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 turns land into a passive income business. He invests in many types of real estate, but his favorite strategy is buying and selling vacant land. Brent Bowers is an Army officer with over eight years of service. While in the Army, he discovered the potential of land investment and later became a full-time real estate investor. Listen as he shares how to become financially free without tenants, termites or toilets. Enjoy the show! Key Takeaways [00:00] Introducing Brent Bowers and his background [04:00] Buying vacant raw land [05:28] Passive income in buying and selling land [11:33] How do you find the land? [14:20] Process to know if the land is a good deal [23:33] Brent's tips and advice for people buying and selling land [31:21] Skills from the Army that helped Brent in real estate investing [34:19] Beware of lifestyle creep [35:54] The Land Sharks community [37:10] Connect with Brent Bowers Guest Links Website – thelandsharks.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 today on Living Off Rentals is someone who started his career as a special education teacher in the public school system. Now, he focuses on a different sector: industrial properties. Jonathan Hayek didn't come from an entrepreneurial family. His dad was a teacher, and his mom worked at an office. His desire for financial, time, and geographical freedom led him to live off rentals. Listen as he shares some great advice and stories about his journey from being a school teacher to an entrepreneur. Enjoy the show! Key Takeaways [00:00] Introducing Jonathan Hayek and his background [04:50] His first deal and financing of his first residential property [12:45] Transition point from investing in residential to commercial [17:15] His office property as a hub for small business owners [23:44] Managing an office building [30:27] What makes a good industrial flex-space deal? [38:55] Single-tenant property [44:56] Jonathan's real estate goal [47:27] The value-add philosophy [50:21] Connect with Jonathan Hayek Guest Links Website – thesourcecre.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 is a certified bilingual meteorologist and a seasoned television personality. Ericka Pino is a former newscaster who worked for major news outlets. Now, she is financially free through real estate. A mom of two kids, Ericka worked with her husband to grow their real estate portfolio. Listen as she shares her journey of transitioning from her full-time work as a newscaster to becoming a full-time real estate investor. Enjoy the show! Key Takeaways [00:00] Introducing Ericka Pino and her background [04:08] Eliminating the biggest expense in your entire budget [15:02] From wholesale to rental properties [17:35] Managing Airbnb [20:41] Changes in Airbnb then and now [27:42] Ericka's daily routine as a real estate investor [35:00] Advice for people aiming for financial freedom 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 involved in short- and long-term rentals who built a strong cash-flowing portfolio that has allowed him to leave his W-2 job and live off rentals. Cale Delaney is known as the “Fit Investor.” He is a published author and the host of the Fit Investor podcast, which helps people who want to be fit financially, physically, and spiritually. Listen and learn tons of lessons from his experience! Enjoy the show! Key Takeaways [00:00] Introducing Cale Delaney and his background [05:13] Starting real estate and what it looks like [09:49] Process for financing his nine properties [15:06]Value of the experience over the property itself [19:01] Advice for people who want to invest remotely [29:04] Financial literacy course for high school students [30:46] God's view on money [37:47] Tips to be in good shape [42:46] The guaranteed formula for success [48:35] Connect with Cale Guest Links Facebook – facebook.com/cale.delaney 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 left his full-time job to live off rentals, a goal for many of us. Matt Floyd is a real estate investor who uses rental properties as his tool for financial freedom. Fresh from his transition from working a full-time day job to becoming a full-fledged entrepreneur, he shares great insight on how he got started doing real estate. He will also share the power of picking the right types of deals. Take a listen and enjoy the show! Key Takeaways [00:00] Introducing Matt Floyd and his background [06:37] The mindset shift to financial freedom [14:12] Transition to short-term rentals [22:21] Different metrics to look for when deciding on a deal [34:07] Lessons Matt learned in managing properties [37:54] Getting VAs [45:29] How much did Matt pay for VAs? [47:21] Automation and property management back-end software [52:31] His realizations after leaving his W-2 job [57:43] Embrace the uncertainty of being a full-time entrepreneur [59:46] Connect with Matt Floyd Guest Links Website – stayclassyhomes.com Email – matt@stayclassyhomes.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

Our guest for today on Living Off Rentals has over six years of experience as a founder and entrepreneur, having launched and scaled successful startups in the real estate sector. Greg Namrow is a former Marine Corps infantry officer who transitioned to being a real estate investor in 2017. He helps people make clear decisions based on data rather than on feelings. Listen today and see the dramatic results when you take this approach to data-driven decision-making. Enjoy the show! Key Takeaways [00:00] Introducing Greg Namrow and his background [05:15] The power of time in real estate [15:22] About TRACTIC [19:18] How TRACTIC works [25:47] One-stop shop for all things real estate [35:49] Greg's plans for TRACTIC Guest Links Website – tractic.io 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 has been a pioneer in the short-term rental industry. He has a huge following of 265,000 subscribers on his platform, Airbnb Automated. Sean Rakidzich is a real estate investor who currently holds 155 properties in his Airbnb portfolio. He will share some excellent information about pricing strategy and more! Listen and enjoy the show! Key Takeaways: [00:00] Introducing Sean Rakidzich and his background [08:01] Most misunderstood aspects of Airbnb [17:21] What type of properties do well in certain areas? [24:53] Properties that are worth-taking [27:55] Pricing strategies [31:50] Rakidzich's book about revenue management [42:24] Short-term rentals in the long run [47:29] Connect with Sean Rakidzich Guest Links: Website: https://www.rakidzich.com/ Show Links: Living Off Rentals YouTube Channel -https://www.youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group -www.facebook.com/groups/livingoffrentals Living Off Rentals Website -www.livingoffrentals.com Living Off Rentals Instagram -www.instagram.com/livingoffrentals Living Off Rentals TikTok - www.tiktok.com/@livingoffrentals

People often ask, "Is it that easy to borrow money from someone?" Joining us today on Living Off Rentals is someone who is an expert in using private money to fund his rentals. He has been buying and selling houses in a town of just 40,000 people since 2003. Jay Conner is a nationally renowned real estate investor who has done over 475 houses with an average profit of $71,000 per deal. Listen as he shares his favorite topic: private money. A lot of people think that borrowing hundreds of thousands of dollars can feel intimidating and overwhelming, but Jay’s got you covered! Enjoy the show! Key Takeaways [00:00] Introducing Jay Conner and his background [07:56] Jay's private lending program [13:36] The education process in a private lending program [19:27] Private lenders that never heard about private money [27:35] Providing security for private lenders [33:22] Staying up on the metrics [36:58] Connect with Jay Conner Guest Links Website – jayconner.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 has served as a pilot in one of the elite aviation units in the world, the 160th Special Operations Unit. Additionally, he is the head of the planning commission and president of his local chamber of commerce, not to mention he is running for the Arkansas House of Representatives. Jason Nazarenko is a real estate investor who has built an awesome boutique short-term rental BNB business. He has a wealth of knowledge about managing short-term rentals and building a niche short-term rental business. Listen and enjoy the show! Key Takeaways [00:00] Introducing Jason Nazarenko and his background [10:01] Differences between 2021 and 2024 [19:15] Jason's vision and goal in his business [26:07] Things that go as planned . . . and don’t go as planned [33:00] Using automated systems in the property [44:24] Baby steps in business [45:47] Running for office [55:30] Jason's advice to his younger self [56:30] Connect with Jason Guest Links Websites – jasonnazarenko.com, potterblock.com Show Links Living Off Rentals YouTube Channel – https://www.youtube.com/@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 an impressive short-term rental business that started from scratch. He owns COZI, a vacation rental management company. Matt Durrette has been able to grow his portfolio in the short-term rental business since he started in 2014. He shares strategies that worked best for him as well as the challenges he encountered along the way. Listen and discover the many different ways to experience success with real estate. Enjoy the show! Key Takeaways [00:00] Introducing Matt Durrette and his background [05:26] Don't just take the plunge without having a proven business model [16:07] Looking at the data, understanding the trends [23:21] Having the right people [29:20] Having the right software [31:34] Getting the right property [36:57] Biggest lesson Matt learned in his real estate investing journey [44:15] Connect with Matt Guest Links Website – cozivr.com Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals 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

We have a special episode today on Living Off Rentals as we focus on real estate negotiations. Joining us today is someone who left his 9-to-5 job to focus on real estate investing and has now been a real estate investor for two decades. Back in 2001, Tom Zeeb was as broke as a joke. His near-death experience pushed him to break free from his 9-to-5 job. Today, he runs a successful podcast, The Art and Science of Real Estate Negotiation, and coaches others who are getting started with real estate. Listen and learn more on how to negotiate the best real estate deal. Enjoy the show! Key Takeaways [00:00] Introducing Tom Zeeb and his background [03:39] His turning point from a 9-to-5 job to real estate [11:09] Benefits of real estate negotiations [12:49] Steps for a win-win scenario in negotiations [20:00] How to identify if a deal is worth your time [26:30] Helping people with their problems [29:12] "More deals at better profits" [35:35] Connect with Tom Zeeb Guest Links Website – tomzeeb.com Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals 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 has been involved in the real estate market for over 10 years. She has built a massive portfolio using the BRRRR model, now holding 70 properties. Jessie Lang is a real estate investor who created significant cash flow. In our episode, she shares her beneficial experiences that will inspire you all. Listen and learn more about Jessie and how to use the BRRRR method on your way to financial freedom. Enjoy the show! Key Takeaways [00:00] Introducing Jessie Lang and her background [03:08] How she started in real estate investing [12:41] From wholesaling to the BRRRR model [14:11] The power of the BRRRR method [21:21] Jessie's system for the acquisition, rehab, and management phase [25:48] Funding sources to buy properties [29:18] "If you show up and do the work, you will get the result" [33:49] Challenges of remote investing [36:36] Connect with Jessie Lang Guest Links Website – facebook.com/groups/unlockedguide Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals 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 week's episode of Living Off Rentals, our guest is in the top 1% of all real estate agents in the United States. He is passionate about educating and coaching others in business and entrepreneurship. Schuyler Williamson is an experienced real estate agent and investor, a professional baseball player, graduate of the United States Military Academy and Ranger school, and owner of several businesses, including a realty company, a home-building company, laundromats, and many rental properties. They key throughline that has made him a success in so many different endevours is strong leadership and values. Listen as he shares how he approaches leadership and his recommendations if you're pursuing similar success. Key Takeaways [00:00] Introducing Schuyler Williamson and his background [08:47] His lessons while serving in the military [17:57] Deciding what was next after the military [22:41] Introduction to real estate [26:10] Who do you surround yourself with? [28:28] Starting Schuyler's brokerage [34:17] Investments worth the time and effort [43:29] "The best five years of your life" [51:12] Schuyler's leadership book Guest Links Website – schuylerwilliamson.com Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals 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 the first 2024 episode of Living Off Rentals, we sat down with a bestselling author who is also the creator of one of the top real estate investing conferences in the US, Real Estate Wealth Builders Conference (REWBCON). He also owns over 30 rental properties and is the host of the incredibly successful podcasts Master Passive Income and Successfully Unemployed. Dustin Heiner has a passion for teaching people about passive income, financial freedom, and information you need to learn about real estate investing. A few years ago, he started the Real Estate Wealth Builders Conference (REWBCON), a real estate investing gathering different from other "scammy" conferences, and it continues to grow today. In this episode, we talked about the transformations of people he worked with, updates about business and investment, and the unique market he started his investing career in. Listen and build your wealth in 2024! Key Takeaways [00:00] Introducing Dustin Heiner [04:18] Working for somebody else vs. working for yourself [13:15] Great ways to invest in real estate [17:10] Sustainable cash flow money and passive income [23:46] Dustin's vision for a conference [27:10] Uniqueness of this conference [31:16] Transformation stories [35:07] Prioritizing your time [41:05] Dustin’s plans for 2024 Guest Links Website – rewbcon.com use the discount code "Kirby" for special pricing. Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals 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