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LEARN | BUILD | SUCCEED

Read This Before Using the BRRRR Strategy

January 20, 2025 | 2.5 Minute Read Recently, an out-of-state investor approached me for guidance on employing the BRRRR strategy. BRRRR, which stands for Buy, Renovate, Rent, Refinance, and Repeat, is a popular method to build wealth in real estate. The investor had gone under contract for a property priced at $75,000, planning $20,000 in […]

My Secret to 80% STR Occupancy During Slow Season

January 6, 2025 | 3 Minute Read After three years of running our short-term rentals, I dread our slow season – from December through February. And when I say slow, I mean dead. Last year, our average occupancy during these months is 16% below our normal average. For example, from December 1 to December 31, […]

Setting Goals to Buying a Turnkey Rental

December 2, 2024 | 3.5 Minute Read Buying a turnkey real estate investment property—one that is fully renovated, rented, and generating income—can be a low-effort way to start or expand a real estate portfolio. However, success in this type of investment requires clarity about your goals and well-thought-out strategies. First, you need to establish clear […]

Here’s How Much I Earned with this Short Term Rental

November 18, 2024 | 2.5 Minute Read Last week, a memory popped up on my Facebook feed: a photo of my wife, Gina, setting up one of our short-term rentals. She and her mother Faye did an amazing job designing this property. I figured it was the perfect opportunity to discuss my reason why we […]

How We Made $70,000 with Four Mid-Term Bookings

October 28, 2024 | 2.5 Minute Read Back in June, I started exploring ways to boost bookings and occupancy across our 13 short-term rentals, which we currently list on both Airbnb and VRBO. The answer? Mid-term rentals. This type of rental accommodates guests seeking housing accommodations of 28 days or more — a huge, untapped […]

Choosing the Best Rental Strategy for Your Property

September 16, 2024 | 3 Minute Read Last week, Carl from NYC reached out to ask about his vacant long-term rental property in Birmingham. He wondered if switching it to a short-term rental (STR) would be a profitable choice. We’ve all seen the success stories from short term rental evangelists, sharing their impressive profits and […]

Increase Profits with these Short Term Rental Strategies

September 2, 2024 | 4 Minute Read In April 2022, we launched our first Airbnb property here in Birmingham. This move was born out of necessity, as our original offer price and profit projections weren’t being met. Since then, we’ve converted many of our long-term rentals into short-term rentals, expanding to as many as 18 […]

Consider This Before Accepting Section 8 Tenants

August 5, 2024 | 2.5 Minute Read When I first began owning rental properties in 2013, most of the houses I purchased were in B and C class neighborhoods. At that time, buying these properties was incredibly affordable, with prices under $20,000. The average rent for a three-bedroom house was between $800 and $850 per […]

Why I Converted a Listing to a Short Term Rental

July 29, 2024 | 5 Minute Read December 2021, I assisted an out-of-state investor with refinancing his turnkey properties in Birmingham. To my surprise, I discovered that he had several short-term rentals (Airbnb’s) in the same areas where we had long-term Section 8 rentals. Who would have thought short-term rentals (STRs) could operate in these […]

Stress Test Your Analysis Before Buying

July 22, 2024 | 1 Minute Read From a historical perspective, real estate investments have demonstrated substantial returns. According to the S&P 500 Index, commercial properties have averaged an annual return of approximately 9.6%, which is only marginally lower than residential properties by about 0.7%. From a historical perspective, real estate investment has demonstrated substantial […]

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