JF2549: Scaling Vacation Rentals with Kirby Atwell

The Best Ever CRE Show

Best Ever CRE

Entrepreneurship, Investing, Business

4.7 • 996 Ratings

🗓️ 25 August 2021

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

After realizing flipping properties wasn’t the way to financial freedom, Kirby Atwell switched gears to vacation rentals. Now, his rentals are single handedly paying for his 45-acre farm lifestyle. Today Kirby is breaking down how his 1 bedroom rental almost paid for itself in just 3 months, how to identify a good rental property, and where to start if you’re looking to make the switch. Kirby Atwell Real Estate Background: Recently left role as the CFO of a national non-profit to go back to investing in real estate full time, with a focus on vacation rentals I recently sold an 11 unit apartment building that I purchased, fully rehabbed and stabilized Portfolio consists of 80 flips since 2011, purchased about 28 long-term rental units (mostly single-family homes) that were recently sold off to focus on short-term rentals Currently owns 10 AirBnB listings, one long-term rental, one passive investment in a 250 unit apartment, and the 45-acre farm experiential short-term rental Based in Valparaiso, IN Say hi to him at: www.LivingOffRentals.com Best Ever Book: Effortless Click here to know more about our sponsors: Real Estate CFO Services | ThinkMultifamily.com/coaching | Rent Redi | Rentify Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Did you know that within a decade women will hold $30 trillion in investable assets?
0:05.3	Yet somehow only 19% of women reported feeling confident in selecting investments that align
0:11.0	with their long-term goals. Our friends at Invest Her are out to change. that and it's happening June 2nd through the 4th in Austin, Texas.
0:23.0	InvestHERCON is not just another real estate conference.
0:27.0	It's a transformational experience focused on real estate investing,
0:31.0	business strategies, and self-care tactics, all designed to help women take
0:35.5	control of their financial futures. Gain the knowledge and skills you need to grow
0:40.0	your portfolio and build a sustainable business all while connecting with over 500 women who are playing at the same level.
0:48.0	To learn more and to get your tickets, visit InvestHERCON.com today and use the code 100 best ever to get $100 off your ticket.
0:56.6	That's Invest Her, H-E-R-K-D-K-G-G-G-O-K-G-G-O-K-G-O-K-O-K-O-Kom,
1:00.6	Promo-G-O-G best ever to get get $100 off your ticket.
1:05.0	There's a huge supply and demand issue there.
1:07.8	There's not nearly enough supply for the amount of people that want to stay in Airbnb,
1:12.0	so your returns are exponentially
1:14.0	higher.
1:15.0	Quick disclaimer, the views and opinions expressed in this podcast are provided for informational
1:19.4	purposes only and should not be construed as an offer to buy or sell any securities or to make or
1:25.3	consider any investment or course of action.
1:28.5	For more information go to best ever show.com.
1:31.6	I want to introduce to Ash Patel.
1:33.0	He's a full-time commercial real estate investor.
1:36.0	He's going to be doing the interview today and a lot of them moving forward.
	...

Please login to see the full transcript.

Previous episode | Next episode

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

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