Your First Rental

Dr. Chris discusses all the apps that he uses to run his Airbnb.  You'll need these to keep your STR running smoothly. Here is a link to Dr. Chris's luxury Airbnb: https://www.airbnb.com/rooms/1022547571191298265?viralityEntryPoint=1&unique_share_id=17B7E053-6D65-4535-8221-0FC1F3CD000A&slcid=01df95bae6494492ac69d5394d78cfbb&s=76&feature=share&adults=1&channel=native&slug=8XasCaLP&source_impression_id=p3_1720106445_P33IE3e2JTLThegb

In this episode Dr. Chris drops knowledge!  How do you deal with a tenant issue in a systematic fashion.  He's made it easy for you.  It's all about TCUP. Check out then listing for Dr. Chris's luxury Airbnb: https://www.airbnb.com/rooms/1022547571191298265?viralityEntryPoint=1&unique_share_id=17B7E053-6D65-4535-8221-0FC1F3CD000A&slcid=01df95bae6494492ac69d5394d78cfbb&s=76&feature=share&adults=1&channel=native&slug=8XasCaLP&source_impression_id=p3_1720106445_P33IE3e2JTLThegb

Capital expenses.  The bane of every real estate investors existence.  Well it's the same thing for STR owners as well.  Dr. Chris takes us through the numbers that STR owners should be thinking about in relation to cap ex.   Check out Dr. Chris's luxury Airbnb rental here: https://www.airbnb.com/rooms/1022547571191298265?viralityEntryPoint=1&unique_share_id=17B7E053-6D65-4535-8221-0FC1F3CD000A&slcid=01df95bae6494492ac69d5394d78cfbb&s=76&feature=share&adults=1&channel=native&slug=8XasCaLP&source_impression_id=p3_1720106445_P33IE3e2JTLThegb

How much should you expect to spend on furnishing your Airbnb after you buy the property???  In this episode, superhost Dr. Chris tells you just that.   Here is a link to Dr. Chris's luxury airbnb: https://www.airbnb.com/rooms/1022547571191298265?viralityEntryPoint=1&unique_share_id=17B7E053-6D65-4535-8221-0FC1F3CD000A&slcid=01df95bae6494492ac69d5394d78cfbb&s=76&feature=share&adults=1&channel=native&slug=8XasCaLP&source_impression_id=p3_1720106445_P33IE3e2JTLThegb

Dr. Chris gives us some key numbers to think about when getting your short term rental going.   Congrats to Dr. Chris on becoming an Airbnb Superhost! Check out Dr. Chris's Airbnb listing here: https://www.airbnb.com/rooms/1022547571191298265?viralityEntryPoint=1&unique_share_id=17B7E053-6D65-4535-8221-0FC1F3CD000A&slcid=01df95bae6494492ac69d5394d78cfbb&s=76&feature=share&adults=1&channel=native&slug=8XasCaLP&source_impression_id=p3_1720106445_P33IE3e2JTLThegb

Dr. Chris returns to the program to talk about how his luxury Airbnb is doing.  And here is a preview: He's killing it.  After a slow start, he is now 100% booked through for the month of July.  Listen as Dr. Chris takes you through his first few months of being an STR superstar.   NEWS UPDATE: Dr. Chris became an Airbnb Superhost today! Here is the airbnb listing in case you want to check it out, or even book a visit for yourself:  https://www.airbnb.com/rooms/1022547571191298265?guests=1&adults=1&s=67&unique_share_id=226477db-119a-4cce-88a5-b0a7e5d8a0a2

Dr. Chris returns to the program and tells JP about his newest real estate deal - a million dollar Airbnb in Port Aransas, TX.  Listeners might recall that Dr. Chris made a nice little chunk of change on an office space in San Antonio.  Well he took some of those proceeds and made a downpayment on a million dollar vacation property.   Here is the listing to the property: https://abnb.me/iIEjqDeboGb Give it a look and sign up for a booking!  Tell them the YFR podcast sent you for a 10% discount.  

JP talks with Chris, a former high school teacher and football coach.  Chris started with his first rental by saving from his teacher paycheck every week  Today he owns 12 properties and he talks about how he and his wife did it.  JP is blown away by his method for screening tenants that has led him to never need an eviction in 30 years as a landlord!

Part 2 of JP's conversation with Chris, his friend from medical school.  Chris is now a practicing vascular surgeon in Texas.  His first rental was his house-hack that he had in surgery residency in 2007.  His latest real estate deal was his office building, the sale of which he just completed and made $650K!  Now he has his eyes set on high end AirBNBs.  

JP talks to Chris, his friend from medical school.  Chris is now a practicing vascular surgeon in Texas.  His first rental was his house-hack that he had in surgery residency in 2007.  His latest real estate deal was his office building, the sale of which he just completed and made $650K!

JP talks with Bishop, a 27 year-old state legislator who house hacks his home at the capitol and AirBNB's his other house when he's not there.  All of the usual suspects come out to play in this one: a curious mind, taking action, and relationship building.  Listen as Bishop tells about how he got into the world of real estate investing, all by accident.  

Part 2 of JP's conversation  with Bishop, a 27 year-old state legislator who house hacks his home at the capitol and AirBNB's his other house when he's not there.  All of the usual suspects come out to play in this one: a curious mind, taking action, and relationship building.  Listen as Bishop tells about how he got into the world of real estate investing, all by accident.  

Part 3 of our conversation with Eric (E-Dub), an insurance agent turned accidental real estate investor.  In this episode, JP and Eric talk about whole life insurance policies and how they can be used in real estate.  

Part 2 of our conversation with Eric (E-Dub), an insurance agent turned accidental real estate investor.  In this episode, JP and Eric talk about how he got his first rental and then built it up to 5 different properties. 

JP talks to Eric, a real estate investor he recently met at a real estate "meetup" in Kansas City.  Eric (JP names him E-Dub) tells listeners about how he accidentally found his way into the world of real estate investing.  Now that he is in it, E-dub and his wife are ALL-IN!

Ever wondered what a title company does or why we need them? Well here's content that you can't get anywhere else!  JP talks to Bud Whisler, one of the owners of Advantage Title LLC.  At the end you'll know why they are so important in real estate transactions. 

JP and Nate discuss their latest deal, a property that wasn't all that it was cracked up to be.  The mantra of "real estate isn't easy, but it is forgiving" is perfectly illustrated in these podcasts as JP and Nate go from the depths of despair to getting their highest income-producing property up and going. 

A story of redemption. JP and Nate discuss their latest deal, a property that wasn't all that it was cracked up to be.  The mantra of "real estate isn't easy, but it is forgiving" is perfectly illustrated in these podcasts as JP and Nate go from the depths of despair to getting their highest income-producing property yet. 

JP talks with Brian, a normal guy who works at a hospital and decided to do real estate on the side.  With no experience in real estate, Brian got into rentals after seeing how his own home appreciated in value.  You won't want to miss some of the great tips he has on getting top notch tenants. 

You can find a lot of people on social media making a killing with short term rentals.  There are no doubt a lot of opportunities out there.  JP and Nate talk about some of the realities of being in the STR game.  It can be profitable, but it's certainly not all fun and games.