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Learn how to make money in real estate. We cover news, trends, styles, markets, demographics, and technology that affect real estate investing. We also talk to market leaders and trend setters. Lastly, there's a bit of how-to information on nearly every show, with topics, Q&A from listeners, and presentations from our guests. Learn how to make and grow a fortune in your spare time or as a new career.

Aug 29, 2020

It really went anywhere. They were just offline for a couple of months during the pandemic. And they are not fully back yet, but on the way. Short-term rentals may be one of the best ways to create cash flow out there. You can almost always make more than the going rental rate for a property. There are ways to mess this up for sure, but there are ways to make bank. Join Rich Munroe as he shares with us the latter. Rich offers information, guidance, and services for AirBnB operators. This is an income producer you should not ignore.

  • We will talk about why they are great, with examples of the money you can make, how to find them, how to set up, furnish, list, market, and use the platform. 
  • What is a super host and how can you become one? Or do you even want this?
  • How to maximize a property’s potential cash flow. $3000/month instead of $1200. 
  • Ways to get into this business with very little cash up front. 

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Announcements:

  • The Flipping America REIA meets every Wednesday from noon to 2 and Thursday from 7-9. You can join the REIA and learn real estate investing from the comfort of your own home, or get together with a few friends and form a chapter in your area. Learn more at flippingamericareia.com.  
  • Flipping America App is in the app store. You can listen to the show, read the show notes, and the entire catalog of shows is now available to you. It’s a free download and there are no upsells or in-app purchases. Free to download, free to listen. Go ahead and give it a try and drop me a line and let me know what you think.
  • FlipCalcs allows you to enter one data set about a property and consider up to six deal possibilities . 
  • “Real Estate Investing Quick Start” Fifteen lessons to start your real estate investing career. Study from the comfort of your own home. I give you 8 action assignments in lesson 1 and show you how to complete them while holding your feet to the fire over the next 15 lessons. bit.ly/requickstart.

News: 

Topic: AirBnB with Rich Munroe

Motivational Thoughts for the day

If you're not making mistakes, then you're not doing anything. I'm positive that a doer makes mistakes. -John Wooden