Living Off Rentals

Joining us on this episode of Living Off Rentals is someone who has been a real estate investor for two decades. Mark Ainley is the founder of GC Realty & Development, one of the most successful property management companies in Chicago. He is also the host of the Straight Up Chicago Investor podcast. Listen as he discusses how he built his company, focusing on property management–one of the most difficult parts of the real estate investing process. Enjoy the show! Key Takeaways [00:00] Introducing Mark Ainley and his background [03:10] Starting GC Realty and Development [12:40] Biggest turning point that shaped the business [19:30] The past and future of real estate investing in Chicago [23:24] Mark's advice for starting a property management company [36:25] Investing in industrial properties [40:07] Mark's real estate investing goals [44:53] Connect with Mark Guest Links Website – gcrealtyinc.com Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – livingoffrentals.com Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals

On this episode of Living Off Rentals, we talked with Jay Johnson and his son Kent Johnson, a professional ice hockey forward currently playing for the Columbus Blue Jackets of the National Hockey League (NHL). Kent shared what was required to achieve his dream of playing in the NHL and representing Team Canada in the Beijing Olympics two years ago. Jay discussed how, as a parent, you can help your children achieve their full potential. He also shares what his real estate investing journey looked like while raising Kent and his brother Kyle. Listen as they share the mindset required to grow to the next level, and how you can also adopt a similar thought process. Enjoy the show! Key Takeaways [00:00] Introducing Jay and Kent Johnson and their background [04:05] The turning point [11:55] Getting better results in things you love [14:55] Dealing with setbacks [23:17] Jay's advice for parents to effectively guide their children [30:22] Kent's experience competing in the Beijing Olympics [35:56] The process of setting goals Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – livingoffrentals.com Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals

Joining us on this episode of Living Off Rentals is Mark Ritter. Mark is the CEO of Member Business Financial Services (MBFS), an entity owned by 13 different credit unions with the mission to help credit unions fund more loans for real estate investors and small business owners. Mark is also the host of the Credit Union Conversations podcast. In this episode, he talked about credit unions, a type of financing that is underutilized because people just don't understand the details. Learn more about credit unions and other types of financing that are perfect for any deal or investor situation. Enjoy the show! Key Takeaways [00:00] Introducing Mark Ritter and his background [02:43] The difference between a credit union and a bank [08:35] How can people work with a credit union? [10:58] Type of loans offered to real estate investors [16:01] "Credit analysts are very smart" [19:48] Small business loans [29:49] Connect with Mark Ritter and MBFS Guest Links Website – mbfs.org Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – livingoffrentals.com Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals

Living Off Rentals 238 – Ryan O'Connell – Supercharge Your Cash Flow with an ADU Joining us today on this episode of Living Off Rentals is someone who is passionate about the Accessory Dwelling Unit or ADU. Ryan O'Connell is a real estate investor who shows how using ADU's can increase cash flow in short and long-term rental investments. Listen as he shares insights about this topic, particularly the versatility of ADU compared to home additions or the purchase of a second property. Enjoy the show! Key Takeaways [00:00] Introducing Ryan O'Connell and his background [05:30] What is ADU? [14:51] The general cost for ADU [23:26] List of states that allow ADU (https://community.how-to-adu.com/adu-rules-by-state) [27:31] Ryan's take on prefabricated homes [34:31] Multi-unit ADU structures [43:29] Connect with Ryan Guest Links Website – youtube.com/c/howtoadu Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – livingoffrentals.com Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals

Joining us on this episode of Living Off Rentals is Mark Willis, a certified financial planner, three-time number-one best-selling author, and owner of Lake Growth Financial Services. He is a financial planner who is open to different types of strategies in real estate investing. In this episode, he shares some of the major pitfalls of most people's financial plans and how he specializes in working with real estate investors and business owners. We know you'll enjoy learning from Mark–who is also a second-time guest on the show! Key Takeaways [00:00] Introducing Mark Willis and his background [05:27] Meaningful money conversations [10:31] No guarantees, no predictability [14:54] We have no idea how long we are going to live [16:30] The tax time bomb [19:07] "You are your money guru." [22:31] Asset classes with the most growth and success [26:27] Contractual wealth vs. paper wealth [34:25] Self-directed life [38:13] Connect with Mark Willis Guest Links Website – kickstartwithmark.com Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – livingoffrentals.com Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals

Joining us on this episode of Living Off Rentals is someone who specializes as a passive investor backing other people's commercial deals. He started with a single-family home and switched to investing as a full-time limited partner. Travis Watts has been a proven leader in the real estate industry since 2009 in multifamily, single-family, and vacation rentals. Listen and find out if Travis' strategy as a passive investor is still a viable strategy for people today and whether things have changed or not over the last few years. Enjoy the show! Key Takeaways [00:00] Introducing Travis Watts and his background [04:35] Financial independence [06:36] What does it mean to be a limited partner? [17:40] Protecting existing deals [26:33] Two trademark brands under Ashcroft Capital, LLC [32:38] Good lessons to learn in real estate investing [38:00] Diversification [40:29] Connect with Travis Watts Guest Links Website – info.ashcroftcapital.com/traviswatts Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – livingoffrentals.com Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals

Joining us in this episode of Living Off Rentals is someone who has built an impressive portfolio over the last 15 years. He achieved financial freedom through a mix of rental properties and note investments. Nick Disney is a real estate investor who owns 52 doors and notes that created a dependable stream of cash flow. He has grown an impressive portfolio valued at over $3 million and now helps people in their real estate investing journey. In this episode, Nick discusses how rental properties and note investing could help generate regular cash flow. Enjoy the show! Key Takeaways: [00:00] Introducing Nick Disney and his background [04:23] The evolution of his marketing strategy [09:23] BRRRR Model [13:48] What do numbers look like on a typical deal? [21:08] Best strategy for finding off-market deals [26:53] Note Investing [32:41] Lessons learned [34:41] Connect with Nick Disney Guest Links: Email: [email protected] Socials: @realestate_nick11 Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – https://www.livingoffrentals.com/ Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals

Joining us for this episode of Living Off Rentals is Steven Andrews, author of the book "The New American Dream: A Simple Roadmap to Purchasing Investment Properties." Coming out of college, Steven was $75,000 in debt and making $45,000 a year. With little to no money, he used his credit cards to fund his first rental property deal. Listen to how he went from buying properties as a supplement to his income to purchasing real estate full-time. Today, he owns and manages hundreds of properties through his virtual property management company, Realty Management Group. Enjoy the show! Key Takeaways [00:00] Introducing Steven Andrews and his background [04:54] Using a credit card to fund his first real estate deal [11:30] Real estate mentorship [15:53] How do you spot a good deal? [23:21] Doing property management virtually [32:26] Hiring virtual assistants [35:52] Partnerships in real estate [49:39] Connect with Steven Andrews Guest Links Website – soarxconsulting.com Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – livingoffrentals.com Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals

Joining us on this episode of Living Off Rentals is an expert in multifamily properties. He has partnered with other investors to purchase over $100 million dollars' worth of these properties. John Casmon hosts a very popular podcast, Multifamily Insights. He came from a corporate job that he enjoyed, but with concerns about having no control of his employment, promotion, and salary, he transitioned to real estate investing. Listen as he shares his journey about how he got started in real estate! Key Takeaways [00:00] Introducing John Casmon and his background [05:09] House hacking [08:17] Deals that John targets [11:33] Getting comfortable borrowing a significant amount of money [20:47] The idea of brand building [27:57] Determining the best area to invest [31:45] Real estate investor vs. real estate speculator [37:53] Connect with John Casmon Guest Links Website – casmoncapital.com Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – livingoffrentals.com Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals

Joining us on this episode of Living Off Rentals is someone who has been a real estate investor since the early '90s. He has a unique way of investing in industrial real estate. Joel Friedland is an accomplished real estate professional with a 40+-year track record in industrial real estate. He has secured over 2,000 industrial property leases and sales, and he provides clients with comprehensive solutions for acquiring, selling, leasing, and investing. Learn about his unique way of buying industrial real estate–without using the bank. Find out how! Key Takeaways [00:00] Introducing Joel Friedland and his background [07:22] The big shifts in real estate investing [10:45] The all-cash strategy [15:09] His private money partners [23:35] Joel's real estate investing team [30:45] Where are we right now in commercial real estate investing? [37:48] Advice for people who are starting with private money lenders [39:22] W.A.I.T. [40:48] Connect with Joel Friedland Guest Links Website – britproperties.com Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – livingoffrentals.com Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals

Joining us on this episode of Living Off Rentals is someone who replaced his six-figure corporate salary with just two coliving rental properties. Listen as we interview Jesse Ray, a real estate investor and digital nomad who is helping business professionals to achieve financial freedom. In this episode, he shares his journey to becoming the owner of coliving rental properties and offers an easy strategy for beginners to get into this business. He documented the process of scaling from $0 to $10 million in his business. Join in on the conversation! Key Takeaways [00:00] Introducing Jesse Ray and his background [05:38] Starting in real estate in your 20s/early 30s [11:17] Financing his first deal [17:30] Defining coliving [19:08] How to manage coliving rental properties [29:48] Jesse's day-to-day operations as a digital nomad [34:03] First steps for people who want to achieve financial freedom [36:31] Transition from corporate career to real estate investing [39:46] Connect with Jesse Ray Guest Links Website – linkedin.com/in/jesserayc Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – livingoffrentals.com Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals

In this episode of Living Off Rentals, our guest is someone who went from being homeless to owning over 100 doors of real estate and doing over $10 million in real estate deals. He achieved his dream of a successful career through self-motivation and determination. Ray Glymph is a business and life coach who has helped encourage new and veteran entrepreneurs to improve their businesses. Ray is a candidate for 40 Under 40 and the host of Motivational Monday at FOX 10. Listen as he shares his wonderful journey in real estate and how he received the New Business of the Year Award. Enjoy the show! Key Takeaways [00:00] Introducing Ray Glymph and his background [01:45] What was life like being homeless? [05:49] Real estate on the road to freedom [14:02] What does it take to be successful? [18:38] His inspiration for being a life coach [20:42] Finding the right commercial tenant [25:01] What's your "why"? [31:24] Connect with Ray Glymph Guest Links Website – rglymph.com Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – livingoffrentals.com Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals

Joining us today on Living Off Rentals is someone who found his niche by creating a tech platform for managing short-term rental and vacation rental cleaners. He now has a product that most short-term rental owners use in their business. Assaf Karmon is a tech entrepreneur, CEO, and cofounder of Turno, a service that connects short-term and vacation rental hosts with cleaners to provide seamless turnover service. He is a top-level software engineer and an experienced short-term rental host himself. Listen as Kirby and Assaf talk about this tech tool that solves one of the hardest parts of short-term rentals: ensuring that properties are clean between guests. Enjoy the show! Key Takeaways [00:00] Introducing Assaf Karmon and his background [05:30] What is Turno? [08:57] The unpredictable nature of managing thousands of cleaners [15:54] The process of incorporating the payment platform [18:39] Retention and compliance tool [22:49] The quality center [27:55] The advantages of using Turno Guest Links Website – turno.com Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – livingoffrentals.com Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals

Joining us today on this episode of Living Off Rentals is someone who thinks deeply about finding financial freedom and living a lifestyle by design. At a young age, he realized he didn't want to be in a corporate 9-5 lifestyle until he was 60, so he decided to invest in real estate. Brian Leubben is a successful entrepreneur, podcaster, and real estate investor. He now runs a thriving podcast, "The Action Academy Podcast," and is the author of a new book, "From Passive to Passion." In this episode, Brian shares some good advice about how he left his six-figure job a few years ago and is now financially free. Want to know what financial freedom means for him? Listen and enjoy the show! Key Takeaways [00:00] Introducing Brian Leubben and his background [02:26] The turning point from living 9 to 5 to becoming an entrepreneur [07:22] The corporate escape plan [15:30] Survive, arrive, and drive [21:56] The make-and-break for entrepreneurs [29:04] Achieving impossible goals [35:55] Begin with the organizational chart [39:59] Connect with Brian Leubben Guest Links Websites – actionacademypod.com and brianluebben.com/w2toworldtravel Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – livingoffrentals.com Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals

Joining us on this episode of Living Off Rentals is someone who runs a short-term rental business in Japan. Tracey Northcott got into the Japanese Airbnb business by accident. She came to Japan to work with her brother as a software engineer, and she now owns more than 23 properties all over Tokyo. Listen as she shares her story of how she got into real estate and how she manages short-term rentals outside the U.S. Enjoy the show! Key Takeaways [00:00] Introducing Tracey Northcott and her background [09:00] Regulations of Airbnb in Japan [13:09] Requirements for getting the hotel license [19:40] How do you decide if a property is worth it? [29:11] Mine your brand [34:03] Main sources of direct bookings [36:30] "7 Hosting Mistakes You're Making Right Now" [41:40] Connect with Tracey Guest Links Website – tracey-northcott.com Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – livingoffrentals.com Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals

Joining us on this episode of Living Off Rentals is a short-term rental owner and the founder of Direct Booking Success. Jenn Boyles helps short-term and vacation rental property managers, owners, and hosts to build and grow their rental businesses. She created a program to help investors with their marketing action plans. In this episode, Jenn will share information on how to limit the risk and cost of Airbnb and how business owners can move to 100% direct bookings. Listen and enjoy the show! Key Takeaways [00:00] Introducing Jenn Boyles and her background [07:30] 100% direct bookings [10:04] Advantages of direct bookings [15:47] On screening quality guests [22:05] Booking terms and conditions [24:23] Start getting your guests' details [ 31:05] The Direct Booking Success Summit [32:48] Connect with Jenn Boyles Guest Links Website – directbookingsuccess.com Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – livingoffrentals.com Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals

In this episode of Living Off Rentals, we interviewed someone who has always been fascinated with building wealth. He took a job in sales because he thought that salespeople could control their income. Chad King started by flipping and wholesaling properties. He has completed over 400 flips and started using his active income to buy real estate, and he now owns 21 commercial properties. Listen to Chad's real estate investing journey and his impressive amount of experience in real estate. Enjoy the show! Key Takeaways [00:00] Introducing Chad King and his background [05:34] Transition from flipping to rentals [09:16] Chad's day-to-day running of a multifamily business [13:40] Biggest lesson in scaling up business [21:30] Stress testing [30:18] The market rewards action [33:34] Chad's goal in his real estate business [39:29] His advice for those starting their real estate journey [43:10] Connect with Chad King Guest Links Website – instagram.com/mrchadking Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – livingoffrentals.com Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals

Joining us on this episode of Living Off Rentals is a military veteran working in the corporate world since leaving the Army. Paul Proios is a member of the First Vacation Rental Investment Blueprint program. He recently decided to replace his corporate income with real estate cash flow. Listen as he shares how in just over a year he is making $6k per month in cash flow from his first three short-term rentals. Enjoy the show! Key Takeaways [00:00] Introducing Paul Proios and his background [10:29] Switch from long-term rentals to short-term rentals [24:07] Paul's cash flow in his three properties [31:55] The stigma against long-term rentals [35:51] Before stepping away from his corporate job [41:12] Lesson learned in his real estate investing journey [44:45] Main strategy for finding deals [48:19] Connect with Paul Proios Guest Links Website – airbnb.com/users/show/440221007 Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – livingoffrentals.com Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals

Joining us today on this episode of Living Off Rentals is someone who turned from being a computer engineer to becoming an expert in investing in notes and leveraging retirement accounts. Fred Moskowitz is an alternative investment expert, speaker, author, and trainer. He wrote a book entitled The Little Green Book of Note Investing. In this episode, he talks about investing in notes, leveraging retirement accounts, and building wealth and alternative assets. Enjoy the show! Key Takeaways [00:00] Introducing Fred Moskowitz and his background [04:01] What are alternative investments? [06:38] How does note investing work? [12:30] Residential mortgage notes [14:52] Evaluating a good note to invest in [21:14] How many notes do people need to invest in? [33:10] Relationships with other investors [35:07] On finding new notes to buy [36:32] Connect with Fred Moskowitz Guest Links Website – fredmoskowitz.com Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – livingoffrentals.com Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals

Joining us today on Living Off Rentals are Zackry Cooper and John Cascarano. Zackry is an entrepreneur with 20 years of experience in residential mortgage financing and real estate. John is an experienced attorney, brand founder, and entrepreneur who has founded multiple companies. In this episode, Zackry and John talk about owning RV parks as a strategy. We discuss the pros and cons and get their recommendations about this investment strategy. This is a perfect option for listeners who want to get into large deals but don't want to deal with tenants. Enjoy the show! Key Takeaways [00:00] Introducing Zackry and John and their background [09:27] Making deals in RV parks [21:53] Offers for their investing partners [26:51] Why RV parks rather than commercial buildings? [32:57] Risks of RV parks in market shifts [36:07] On locating deals [39:46] Zack and John's advice on buying their first RV park [42:10] Connect with Zack and John Guest Links Website – bluemetricgroup.com Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – livingoffrentals.com Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals

In this episode of Living Off Rentals, we are joined by Tess Bessent. Before going all in on real estate investing, she was in the liquor business, based in Las Vegas. Tess Bessent is a busy professional seeking passive income through real estate. She is ready to share her inspiring story along with the lessons she's learned throughout her journey. Listen as she shares her work experience, education, and challenges in real estate investing. Enjoy the show! Key Takeaways [00:00] Introducing Tess Bessent and her background [07:14] Her first deal after going full-time in real estate [11:24] Deals that don't make sense [17:03] Direct seller marketing [22:17] Shift from investing in long-term rentals to flipping real estate [29:37] Chicago as the target market [33:50] Building generational wealth for the family [45:53] Gaining knowledge in real estate investing [51:59] Goal for the future [53:35] Connect with Tess Bessent [54:40] Outro Guest Links Website – bcbcollective.net Airbnb listing - https://www.airbnb.com/rooms/1108751604048785753 Show Links Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – livingoffrentals.com Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals