Greatest Hits | 3 Ways To Win In The STR Game With Joe Riley | Ep 359 Artwork

The Active Duty Passive Income Podcast

The #1 Military Real Estate Investing show focused on achieving financial freedom through the power of real estate investing for those who serve. Hear stories from other veterans on how they were able to leverage their VA Loan to build passive income and financial independence for their transition from service. Learn Military House Hacking and other investing strategies to build wealth and earn a piece of the "American Dream" you've fought hard to defend!

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The Active Duty Passive Income Podcast

Greatest Hits | 3 Ways To Win In The STR Game With Joe Riley | Ep 359

August 26, 2024

In this can’t-miss throwback episode, Kevin and special guest co-host Chris Lockwood sit down with Joe Riley of Patriot Family Homes, who reveals how he transformed a simple house hack into a booming nationwide short-term rental empire! From the pros and cons to the nitty-gritty details, we cover it all. Whether you’re just dipping your toes into the short-term rental game or already have a few properties in your portfolio, this episode is packed with insights that will take your STR business to the next level! Don’t miss out—tune in now!

"Don't undervalue your asset...that's the biggest mistake I see over and over again. If you consistently chase 100% occupancy, you're going to end up selling yourself short."

Here are 5 Key Takeaways from this episode:

Figure out how to turn everyday things into cash-flowing assets
If you have an STR, don't sell yourself short to achieve 100% occupancy
Use software like PriceLabs to help adjust and track your pricing models
Buy, Manage, and Arbitrage - the 3 ways to get started in STRs
STRs offer much more flexibility than traditional rental units (and cash flow more too)!

Honorable Mentions & Useful Links

PriceLabs

Connect with Joe:

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