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Kandungan disediakan oleh Leti and Kenji. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Leti and Kenji atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.
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Why We Created a Short-Term Rental Course

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Manage episode 344986330 series 3391742
Kandungan disediakan oleh Leti and Kenji. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Leti and Kenji atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.

Short-term rentals (STRs), also known as Airbnbs or vacation rentals have become increasingly popular over the last few years. This interest spiked during the COVID pandemic, and despite a recent slowdown, interest continues to be strong in the post-COVID era.

We have seen the same trend in our groups. Three years ago, very few in our community were talking about STRs. Now, we see the vast majority are planning to add at least one STR to their portfolio over the next few years. Why such a high, almost frenzied level of interest?

One reason is the potential for high cashflow. It’s not unusual for a single STR to cashflow $50,000 to $100,000 when you self-manage.

Short-term rentals also give high-income professionals a way to shelter their income while continuing to work full-time. Real estate professional status requires that you spend more time in real estate than your current profession, so it is not an option for those who choose to work full-time. These are just a few of the many reasons why so many high-income professionals are investing in STRs.

With so many great benefits, it’s not hard to see why there’s so much interest in short-term rentals. However, when it comes to investing, you can’t just focus on the upsides, you HAVE TO carefully think through the downsides. Otherwise, there’s a considerable risk that you lose money! This is one of the main reasons we created our course, Accelerating Wealth. We wanted to ensure that members of our community limit their mistakes and avoid falling into the common short-term rental traps.

If you want to learn more about the course and how it can help you accelerate your wealth, be sure to tune in!!

Accelerating Wealth is open for enrollment twice a year. If enrollment isn’t open yet, you can join our waitlist to be enrolled in our next course!

Have someone who you think should be featured in a future episode? Comment and let us know on our socials! Also, don’t forget to share and leave us a 5 star review on Apple Podcasts if you loved this episode!

Wait there’s more…If you enjoy the Doctors Building Wealth podcast, check out our FREE real estate training, Ignite Your Journey. Get exclusive, actionable advice and resources about creating financial freedom through cashflowing rentals! Click the link to enroll.

For more DBW, Semi-Retired MD, and content from Leti & Kenji, follow us on your favorite platform.

Follow this link to listen or listen on Apple Podcasts, iTunes, Spotify, or Stitcher! Don't forget to share with a friend and leave us a review on the iTunes app if you enjoyed it!

Be part of the conversation! Follow our general Semi-Retired MD Facebook page and then join our physicians or professionals group!

Podcast Sponsored By:

DAN PECK NMLS NUMBER 174968. Licensed in the following states: Alaska Mortgage Lender #AK174968, Arizona Mortgage Banker License #1006555, Licensed by the Department of Financial Protection & Innovation under the California Residential Mortgage Lending Act. Loans made or arranged pursuant to a California Finance Lenders Law license. Massachusetts Lender #MLO174968. Licensed by the N.J. Department of Banking and Insurance. Licensed Mortgage Banker-NYS Banking Department. Additional licenses available at https://www.caliberhomeloans.com/loan-consultant/washington/kirkland/daniel-peck ALL PRODUCTS ARE SUBJECT TO CREDIT AND PROPERTY APPROVAL. OTHER RESTRICTIONS AND LIMITATIONS APPLY. CALIBER HOME LOANS INCORPORATED NMLS NUMBER 15622. Equal Housing Opportunity.

SCOTT CLIREHUGH NMLS NUMBER 97357. Licensed in the following states: Alaska Mortgage Lender # AK97357, Arizona Mortgage Banker License # 1006771, Licensed by the Department of Financial Protection & Innovation under the California Residential Mortgage Lending Act. Loans made or arranged pursuant to a California Finance Lenders Law license. Massachusetts Lender #MLO97357. Licensed by the N.J. Department of Banking and Insurance. Licensed Mortgage Banker-NYS Banking Department. Additional licenses available at https://www.caliberhomeloans.com/loan-consultant/washington/kirkland/daniel-peck ALL PRODUCTS ARE SUBJECT TO CREDIT AND PROPERTY APPROVAL. OTHER RESTRICTIONS AND LIMITATIONS APPLY. CALIBER HOME LOANS INCORPORATED NMLS NUMBER 15622. Equal Housing Opportunity.

Semi-Retired M.D. and its owners’, presenters’, and employees are not in the business of providing personal, financial, tax, legal or investment advice and specifically disclaims any liability, loss or risk, which is incurred as a consequence, either directly or indirectly, by the use of any of the information contained in this podcast. Semi-Retired M.D., this podcast, and any online tools, if any, do NOT provide ANY legal, accounting, securities, investment, tax or other professional services advice and are not intended to be a substitute for meeting with professional advisors. If legal advice or other expert assistance is required, the services of competent, licensed, and certified professionals should be sought. In addition, Semi-Retired M.D. does not endorse ANY specific investments, investment strategies, advisors, or financial service firms.

  continue reading

100 episod

Artwork
iconKongsi
 
Manage episode 344986330 series 3391742
Kandungan disediakan oleh Leti and Kenji. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh Leti and Kenji atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.player.fm/legal.

Short-term rentals (STRs), also known as Airbnbs or vacation rentals have become increasingly popular over the last few years. This interest spiked during the COVID pandemic, and despite a recent slowdown, interest continues to be strong in the post-COVID era.

We have seen the same trend in our groups. Three years ago, very few in our community were talking about STRs. Now, we see the vast majority are planning to add at least one STR to their portfolio over the next few years. Why such a high, almost frenzied level of interest?

One reason is the potential for high cashflow. It’s not unusual for a single STR to cashflow $50,000 to $100,000 when you self-manage.

Short-term rentals also give high-income professionals a way to shelter their income while continuing to work full-time. Real estate professional status requires that you spend more time in real estate than your current profession, so it is not an option for those who choose to work full-time. These are just a few of the many reasons why so many high-income professionals are investing in STRs.

With so many great benefits, it’s not hard to see why there’s so much interest in short-term rentals. However, when it comes to investing, you can’t just focus on the upsides, you HAVE TO carefully think through the downsides. Otherwise, there’s a considerable risk that you lose money! This is one of the main reasons we created our course, Accelerating Wealth. We wanted to ensure that members of our community limit their mistakes and avoid falling into the common short-term rental traps.

If you want to learn more about the course and how it can help you accelerate your wealth, be sure to tune in!!

Accelerating Wealth is open for enrollment twice a year. If enrollment isn’t open yet, you can join our waitlist to be enrolled in our next course!

Have someone who you think should be featured in a future episode? Comment and let us know on our socials! Also, don’t forget to share and leave us a 5 star review on Apple Podcasts if you loved this episode!

Wait there’s more…If you enjoy the Doctors Building Wealth podcast, check out our FREE real estate training, Ignite Your Journey. Get exclusive, actionable advice and resources about creating financial freedom through cashflowing rentals! Click the link to enroll.

For more DBW, Semi-Retired MD, and content from Leti & Kenji, follow us on your favorite platform.

Follow this link to listen or listen on Apple Podcasts, iTunes, Spotify, or Stitcher! Don't forget to share with a friend and leave us a review on the iTunes app if you enjoyed it!

Be part of the conversation! Follow our general Semi-Retired MD Facebook page and then join our physicians or professionals group!

Podcast Sponsored By:

DAN PECK NMLS NUMBER 174968. Licensed in the following states: Alaska Mortgage Lender #AK174968, Arizona Mortgage Banker License #1006555, Licensed by the Department of Financial Protection & Innovation under the California Residential Mortgage Lending Act. Loans made or arranged pursuant to a California Finance Lenders Law license. Massachusetts Lender #MLO174968. Licensed by the N.J. Department of Banking and Insurance. Licensed Mortgage Banker-NYS Banking Department. Additional licenses available at https://www.caliberhomeloans.com/loan-consultant/washington/kirkland/daniel-peck ALL PRODUCTS ARE SUBJECT TO CREDIT AND PROPERTY APPROVAL. OTHER RESTRICTIONS AND LIMITATIONS APPLY. CALIBER HOME LOANS INCORPORATED NMLS NUMBER 15622. Equal Housing Opportunity.

SCOTT CLIREHUGH NMLS NUMBER 97357. Licensed in the following states: Alaska Mortgage Lender # AK97357, Arizona Mortgage Banker License # 1006771, Licensed by the Department of Financial Protection & Innovation under the California Residential Mortgage Lending Act. Loans made or arranged pursuant to a California Finance Lenders Law license. Massachusetts Lender #MLO97357. Licensed by the N.J. Department of Banking and Insurance. Licensed Mortgage Banker-NYS Banking Department. Additional licenses available at https://www.caliberhomeloans.com/loan-consultant/washington/kirkland/daniel-peck ALL PRODUCTS ARE SUBJECT TO CREDIT AND PROPERTY APPROVAL. OTHER RESTRICTIONS AND LIMITATIONS APPLY. CALIBER HOME LOANS INCORPORATED NMLS NUMBER 15622. Equal Housing Opportunity.

Semi-Retired M.D. and its owners’, presenters’, and employees are not in the business of providing personal, financial, tax, legal or investment advice and specifically disclaims any liability, loss or risk, which is incurred as a consequence, either directly or indirectly, by the use of any of the information contained in this podcast. Semi-Retired M.D., this podcast, and any online tools, if any, do NOT provide ANY legal, accounting, securities, investment, tax or other professional services advice and are not intended to be a substitute for meeting with professional advisors. If legal advice or other expert assistance is required, the services of competent, licensed, and certified professionals should be sought. In addition, Semi-Retired M.D. does not endorse ANY specific investments, investment strategies, advisors, or financial service firms.

  continue reading

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