The Basics: Buying Short Term Rentals

The Stacking Benjamins Show

Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP

Business, Financial Planning, Cfp, Education, Personal Finance, Retirement, Investing, Money

4.4 • 2K Ratings

🗓️ 16 March 2022

⏱️ 68 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Have you ever looked at your futon in your kitchen and thought, "Hey, I think I will rent that out to a stranger?" Believe it or not, our guest today, Avery Carl, has some friends who did exactly that. It gave her the idea to invest in short-term rentals as a stepping stone to building a more extensive real estate portfolio. Joe and Avery discuss having an income to support lending criteria, the pros and cons of property management, and how she strategically invested in mature vacation rental markets to scale her portfolio. Worried about scams? Today in our headline segment, Joe and OG discuss a piece about a former car salesman who allegedly got caught in an elaborate scam buying back leased cars. Also, they discuss a Netflix documentary about the Tinder Swindler and how he thinks his scam was a "successful business." We throw out the Haven Life line to Amanda and congratulate her on paying off her debt. And, of course, we will enlighten your day with Doug's famous trivia. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	This episode is brought to you by Noor.
0:04.0	If you're loving this podcast, it's probably because of the things that went into it,
0:08.1	the ingredients, which is something Noor knows all about.
0:12.1	Their stocks put the earth into your birthbog in Yon, the soupa into your soup, and the
0:17.0	oo-wee into your chili.
0:20.0	Discover the recipe for family meal time happiness and give it more with Noor.
0:24.8	Visit Noor.com forward slash UK.
0:30.4	I mean, you're living in your mother's basement right in the blog on finance.
0:34.0	Really, you should stay off the computer sign and get a job.
0:37.3	Seriously.
0:43.1	Live from Joe's Mom's Basement, it's The Stacking Benjamin Show.
0:49.1	I'm Joe's Mom's neighbor, Doug, and is there a stranger in your house?
1:01.5	There might be if you're one of the millions of people making short-term rentals out of
1:05.8	their home to stack a few more Benjamin's.
1:08.8	It might even be time for me to hop on that train.
1:11.6	Today, to show us how it works, we welcome the author of short-term rental long-term
1:17.1	Wealth Avery Car.
1:19.2	In headlines, yet another scammer at work this time, at your car dealer, we'll share
1:24.7	an elaborate one today, then we'll throw out the Haven Lifeline to Amanda, who hit a huge
1:30.6	milestone, and I'll also check in with my trivia.
1:35.1	Now, two guys who will serve as your hosts in House of Benjamin's, Joe and O-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J-J
2:05.1	As of right now, and the dude who's leading this charge toward the weekend, because he's ready for today, it's Mr. O.G. How are you, man?
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Joe Saul-Sehy and Josh ‘OG’ Bannerman, CFP and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.