#313: Our Rental Investing Journey: 8 Years, 10 Properties, Financial Freedom

Episode #313 – Discover Joe's captivating journey from HGTV to Airbnb, where he shares the highs, lows, and priceless lessons that led to his remarkable rental portfolio of 10 properties. Join us in unveiling the secrets behind his 8-year odyssey to financial freedom.

🔗 Show Notes:

https://www.coachcarson.com/8yearjourney/

🔗 Show Links:

• Joe's business - Southern Sons Properties: https://www.instagram.com/southernsonsproperties/
• Joe's prior episode - "How a Couple Built a 7-Condo Rental Portfolio in 5 Years" - https://www.coachcarson.com/7-condos-5-years/
• Joe's tech stack for short-term rentals:
  • HOSPITABLE for guest management and messaging.
  • PRICE LABS for automating the pricing process
  • TURNO to manage and pay the cleaners
  • AIRBNB and VRBO for booking platforms
  • BOOSTLY is now creating our direct booking site.

🎬 Timestamps:

0:00 - Intro

1:40 - Working for HGTV

08:03 - Don't worry about perfection

12:27 - Pivot to Airbnb

17:28 - ### on best Airbnb

19:16 - Airbnb expenses

20:33 - Estimating Airbnb ###

24:06 - Scaling with HELOC

25:57 - Long-term cashflow

27:54 - Benefits of mixing Short + Long

32:00 - Medical Emergency

39:23 - 2023 Portfolio

43:27 - Small & Mighty Perspective

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https://www.coachcarson.com/rpm

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https://www.CoachCarson.com

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💰 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine