Short-Term Rentals have been a top topic of conversation in the real estate investment world for quite some time. Are they a good investment? Is the market becoming too saturated? How to you handle increasing regulations? In a recent REL Freedom episode, Tyler Coon got to share his insights into the world of short-term rentals. As an agent in North Carolina running Savvy STR Agents, this is his niche. He offers valuable advice on how to succeed in this thriving market. If you're considering investing in short-term rentals or simply interested in learning more about this lucrative real estate niche, here are some key takeaways and things to consider:
1. Expertise is Key: Tyler emphasizes the importance of working with a market expert to help you identify deals that will give you the best chance for success. Each market is different, and each opportunity within a given market is different. Specializing in short-term rentals, like any other real estate niche, requires in-depth knowled...
As you know, real estate investment is a lucrative avenue for building wealth, but it often requires substantial capital and financial know-how. Many investors face the challenge of securing funding for their real estate ventures, especially when they need quick and flexible financing options. We recently hosted Kevin Amolsch from Pine Financial on our REL Freedom Show. He shares with us some important things to consider when using hard money on an investment property.
Meet Kevin Amolsch:
Kevin Amolsch, an experienced investor with over 20 years of experience, formed Pine Financial Group in 2008. He is a finance graduate, a US Army veteran, and a former Wall Street professional. With a track record of 2,400 real estate transactions, including buying, selling, and lending, Amolsch has facilitated funds totaling $130 million in private capital. His extensive expertise and success in the real estate industry provide valuable insights into when and why individuals should consider usi...
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Chad Wittfeldt started his entrepreneurial journey at a young age by turning 2 businesses into 6 figure Chad Wittfeldt started his entrepreneurial venture when he was a teenager, turning two businesses into six-figure successes: a landscaping company and an electronic arbitrage venture. By his twenties, Chad had already switched to full-time investing and real estate entrepreneurship. He diversified his portfolio by getting into cryptocurrency, setting up systems for attracting accredited investors. As of now, Chad has collaborated on over $30,000,000 in real estate syndications which showcases his expertise and growth. Join us as Chad shares his inspiring journey from humble beginnings to monumental success in real estate and beyond.
In this episode hosted by Mike Swenson, we discussed:
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Kevin Amolsch, an ex-US Army serviceman, has gained significant power within the real estate and private lending industry. Kevin founded Pine Financial Group in 2008 after earning a Finance degree and working as a Mortgage Bond Analyst on Wall Street. Under his leadership, the company has raised $135 million in private capital across four funds and has facilitated over 2,400 transactions as a buyer, seller, or private money lender. With nearly $1 billion in fundings, Kevin's expertise is unmatched. He's also an author of the book "The 45-Day Investor," sought-after speaker, and the host of the "Real Estate Educators Podcast." Listen in as Kevin shares his fascinating journey from the military into top-tier private money lending and real estate investing.
In this episode hosted by Mike Swenson, we discussed:
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Kyle Stanley, a former sports broadcaster, changed his life by diving into real estate to take control of his future. He now manages about 50 short-term rental properties in Fresno, CA, using arbitrage and co-hosting strategies. Kyle built a 6-figure business within his first year and scaled it to 7 figures by year two. As the host of "The Fearless Investor Podcast," he discusses insights related to the short-term rental market, generating passive income, business scaling, and many more. On the other hand, Kyle has also started "The Setup Man Podcast," where he discusses and explores the lives of current and former Major League Baseball players and coaches. Learn how Kyle obtained financial freedom and hear his strategies for success in real estate and beyond.
In this episode hosted by Mike Swenson, we discussed:
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Tyler Coon, a lifelong entrepreneur, transitioned from being a general real estate agent to focusing exclusively on the lucrative short-term rental (STR) market. Tyler is based in Asheville, North Carolina, and founded Savvy STR Agents, a dedicated team that helps investors purchase prime STR properties. His team now serves areas in North Carolina, Kentucky, Southern California, Gatlinburg, and Myrtle Beach, with plans to expand further. Tyler owns 8 STR properties himself and is enthusiastic about the possibility of using STRs to create wealth. In this video, Tyler talks about his journey, insights into the STR market, and how he helps others to achieve financial success through strategic STR investments. Learn the secrets of success in the STR industry from a true expert.
In this episode hosted by Mike Swenson, we discussed:
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A former teacher passionate about helping people, Kristi Winfree channeled her natural talents for details and systems implementation into the real estate industry. She founded Legacy Transactions supporting agents as they grow their business and providing education to her clients. She believed in the motto: "Wake up every day to create Raving Fans and make someone's life better!" Kristi is a professional who adds uniqueness to her field. She is also the host of the podcast "Not Just A Daydream - Business Insights and Inspiration for the Work At Home Entrepreneur." She would share her know-how and motivation for others in this podcast. Join us to learn how Kristi is building a legacy one transaction at a time and changing the lives of all those she touches.
In this episode hosted by Mike Swenson, we discussed:
A common objection we hear from people is "I don't have enough money yet to get a property on my own." We don't want that to stop you from investing! Additionally we hear "I don't have the time or knowledge to figure all of this out. Can I partner with someone that knows what they are doing?"
We hear you! We want to make real estate investing have as low of a barrier of entry as possible, so we're running down some ways for you to get your money invested, so that it can grow, instead of sitting on the sideline and not getting in the game!
First off, why do I want to invest in real estate? Lets cover 8 top reasons why people want to choose real estate to invest in:
1) Rents Paid By Tenant: you aren't having to pay the mortgage on the property each month as your mortgage payment is getting paid by your tenants (assuming you pick a property that cashflows well). No money comes out of your pocket each month to ...
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Karim Kerachni's entrepreneurial journey has taken him across continents and industries. Born in Canada to Algerian parents, raised in France, and currently residing in Malaysia, Karim embodies the spirit of a global entrepreneur. He started his entrepreneurial career by founding Steamates, a successful residential and commercial cleaning company in Halifax, Nova Scotia. This venture provided him with the foundation to explore franchise development opportunities for PropertyGuys.com in Massachusetts, the largest private home sale network in North America.
This is Karim sharing his special journey of building businesses across borders and time zones. Here, he elaborates on how he deals with the challenges and rewards of running and scaling up businesses remotely by discussing cultural differences and technology tools that keep him connected and efficient. Let's join Karim Kerachni as he talks about his successful strategies and big plans for expansion in th...
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Christina Leavenworth has come a long way from news anchor to a real estate powerhouse with resilience and entrepreneurial spirit. Transferring her media background to real estate, Christina made great strides in the competitive Pensacola, FL real estate market. In just one year, she sold 65 homes worth $14.8 million in volume, establishing her fast growth foundation.
Today, Christina leads The Leavenworth Team, a successful team of agents servicing the growing demand. At the same time, she oversees a diversified rental portfolio of 18 properties from short-term to long-term rentals. Her ability to navigate challenges and embrace uncertainty has been pivotal in her success story.
In this episode hosted by Mike Swenson, we discussed:
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