$50K/Year Cash Flow from ONE Rental by Beating the Market to This Strategy

Real Estate Rookie

BiggerPockets

How To, Education, Business, Investing, Entrepreneurship

4.8 • 1.7K Ratings

🗓️ 9 December 2024

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

$50,000 cash flow from ONE rental!? Not many properties will give you this kind of return in today’s housing market, but this investor beat his competition to an innovative investing strategy, and it’s paying huge dividends. Want to find out what it is and how he did it? You don’t want to miss this one! Welcome back to the Real Estate Rookie podcast! Garrett Brown envisioned himself running restaurants or operating hotels before real estate investing took him down a different path. He got his real estate agent license, flipped a few houses, and then, in a full circle moment, put his background in hospitality to good use—buying three condos at a discount and converting them into short-term rentals. But when Houston, Texas, like many Airbnb markets, became oversaturated in 2021, Garrett landed on a new strategy that would allow him to stand out. It gives vacationers a taste of the great outdoors without sacrificing the luxuries and comfort of a cozy home! If you want to know how to earn five-figure cash flow from a single rental and keep your vacation rentals booked year-round, stay tuned. We’ll also get into why you should document your investing journey online (even if you’re just starting) and the trick to finding discounted properties! In This Episode We Cover: How this investor makes $50,000 in annual cash flow from one rental “unit” The innovative rental property that blends luxury and the outdoors How to stand out in any market by offering “unique stays” Where most short-term rental bookings are coming from in 2025 Why every rookie should document their investing journey on social media Scoring a deep discount on property by knowing a seller’s motivation And So Much More! Links from the Show Ashley's BiggerPockets Profile Tony's BiggerPokckets Profile Join BiggerPockets for FREE Real Estate Rookie Facebook Group Real Estate Rookie YouTube Ask Your Question on the BiggerPockets Forums Pre-Order the Book “Smarter Short-Term Rentals” Find Investor-Friendly Lenders Real Estate Rookie 91 – 8 Units, 10 Wholesale Deals, and $0 Spent on Marketing w/ @liliinvests Connect with Garrett Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-494 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Today's guest has mastered the art of blending wilderness with comfort, creating a truly unique and highly comfortable Airbnb business.
0:07.3	By offering guests a taste of the great outdoors without sacrificing the luxuries of home, they've carved out a niche that's as innovative as it is successful.
0:15.0	Get ready to hear how this strategy is changing the game in the short-term rental market.
0:23.6	Welcome back to the Real Estate Rookie Podcast.
0:25.5	My name is Tony J. Robinson.
0:26.7	I'm here a solo, but actually we'll be back before you know it.
0:29.5	This is the podcast where every week, three times a week, we bring you the inspiration,
0:33.3	motivation, and stories you need to hear to get start your investing journey.
0:36.6	And today's guest
0:37.6	is Garrett Brown. And if that name sounds familiar, it's because Garrett recently joined BP
0:41.9	as a full-time content creator. So you're likely seeing them across all of our various
0:46.5	bigger pockets channels. So Garrett, welcome back to the Real Estate Worky Show. Glad to be back.
0:50.5	Always fun when we're getting to chop shop on some short-term rentals. Let's start at the
0:54.4	beginning, Garrett. I guess what were you doing when you first started your career in real estate?
0:58.6	I actually was, so when I first kind of backtrack, I went to school for hotel and restaurant
1:03.7	management, but I thought I was going to work in restaurants. I was waiting tables. I had a little
1:08.6	bit of hotel experience working front desk and things like that. But I always thought I was waiting tables. I had a little bit of hotel experience working front desk and things like that.
1:11.9	But I always thought I was going to go further with restaurants and that kind of hospitality business.
1:16.5	Fast forward a couple years. I ended up deciding to get my real estate license, became an agent in Houston.
1:21.6	I was a real estate agent for, I still have my license active, but I've been active for about seven years.
1:27.6	I realized that the agent's side wasn't necessarily for me.
1:31.4	I started working with a couple investors.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from BiggerPockets, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of BiggerPockets and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.