Welcome to Real Talk Real Estate, the show where we cover how to build wealth in real estate with no fluff, no BS, and no sales pitches. I'm David Green, and I've been doing this for over 10 years. I've seen the ups, the downs, and everything in between. This is the show where we pull back the curtain and show it to you too. So if you want to build wealth through real estate or you just love learning about it, you found your home. What's going on?

Welcome to Real Talk, Real Estate.

I'm David Green. wealthy real estate or you just love learning about it you found your home what's going on welcome

to real talk real estate i'm david green this is the david green show i'm joined today by guest

darrell isin who's got um a little bit of ups a little bit of downs a little bit of realness about what's

going on in the real estate industry and he has been gracious enough to come on the show and pull back the curtain and show us what's good and what's bad and everything in between. So, Daryl, I'm excited to hear about your story. Thank you for joining me today. Yeah. Great, great to join you, David. Thanks for having me on. Yeah. All right. Let's start with your Airbnb disaster and then we'll get into your overall story of investing. But for those that don't own short-term rentals, you probably hear about them based on people's YouTube videos. For those that do own short-term rentals, i think a lot of them think they're the only one

that are doing it wrong and that there's something wrong with them because you don't see

the reality why don't you just tell us a little bit about this house how you bought it how it went

what your experience was so everybody can understand that they are not alone in the struggle

sure sure so so i bought this place back in 2018 it's a triplex in Canton, Ohio, really close to two major hospitals. And I had a heck of a time keeping good tenants in. My property manager, I have a great property manager there, so I don't say anything bad about them. But they would find tenants. They'd pay for six months to a year. Then they quit paying. Some of them would trash it, all kinds of

people were throwing, there's a common basement there. People were throwing mattresses down there

and having their friends sleep there. And it was, it kind of turned into a disaster, right? And I thought,

well, what do I do with this thing? I'm either going to sell it or I need to do something else.

And right at that time, the midterm rental strategy was kind of taken hold. And I went to BP

con and there happened to be, it was when it was in San Diego, which is where I'm at.

And there happened to be some sessions on midterm rentals. So I went ahead and decided I'd try that. So I took, took one of the three units

converted. Was this the BP con in San Diego by chance? Yeah, it was the BP con in San Diego. I remember

that. Yeah. So I took, I took one of those units, the second floor unit, the one in the middle,

because I had a, I had a vacancy. And we completely rehabbed it, made it beautiful, put in beautiful furnishings.

And my take is always like, I want to be the nicest place when people are looking at the

pictures because that's how I pick an Airbnb.

I'm like, oh, that's the one I want to stay at.

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