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Hosting, Co-hosting, and Renting Out a Spare Bedroom

W2 Capitalist | For Married, Busy Parents Side Hustling in REI

Release Date: 11/02/2022

Demystifying Seller Financing: Interest Makes Them Complicated show art Demystifying Seller Financing: Interest Makes Them Complicated

W2 Capitalist | For Married, Busy Parents Side Hustling in REI

In this episode, we dive deep into the world of seller financing deals. We'll explore why many sellers struggle with understanding interest payments and how to simplify these conversations for smoother negotiations. I'll share my insights on avoiding interest rate discussions and structuring deals to benefit both parties, especially when it comes to tax implications. Remember, always consult with a CPA for personalized advice. Let's make seller financing less daunting and more profitable! Links Mentioned in this Episode: Connect with Jay:

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Grill-Free BnBs: Peace of Mind Over Potential Revenue show art Grill-Free BnBs: Peace of Mind Over Potential Revenue

W2 Capitalist | For Married, Busy Parents Side Hustling in REI

In today's episode, we're diving into the hot topic of grills at B&Bs and rental properties. Why don't we allow them? Well, it's a combination of safety concerns, peace of mind, and a bit of insurance. I'll share a story of melted siding from a grill and why we believe it's worth the potential missed bookings. Plus, hear about our policies for fire pits, smokers, and deep fryers, and a funny encounter with a guest who brought his own massive grill. Do you allow grills at your rental properties? I’m curious about your policies and experiences. Let’s discuss! Text me at 205-249-0248....

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Your Partnership Box: Avoiding Risking Collaborations show art Your Partnership Box: Avoiding Risking Collaborations

W2 Capitalist | For Married, Busy Parents Side Hustling in REI

In today’s episode, we’ll dive deep into partnership criteria and why it matters. Join us as we explore the often overlooked topic of establishing clear guidelines before entering into business collaborations. Many rush into partnerships, but with over 13 partnerships in real estate, learn why knowing someone for at least six months and having previous deal experience are crucial criteria. Discover practical insights and join the conversation on what makes a successful partnership.  Links Mentioned in this Episode: Connect with Jay:

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Fixing a Hotel Sink: How Do You Destress? show art Fixing a Hotel Sink: How Do You Destress?

W2 Capitalist | For Married, Busy Parents Side Hustling in REI

Have you ever found yourself fixing a hotel sink drain in the middle of the night? Join us as we delve into a story of DIY plumbing adventures during a hotel stay. Tune in to hear about our journey from tired traveler to impromptu handyman and reflect on what tasks give you that much-needed mental break.  Links Mentioned in this Episode: Connect with Jay:

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The AirBnB Stat That Will Shock You: Is the Gold Rush Really Over? show art The AirBnB Stat That Will Shock You: Is the Gold Rush Really Over?

W2 Capitalist | For Married, Busy Parents Side Hustling in REI

Ever heard folks saying the Airbnb gold rush is over? Many believed hosting was a get-rich-quick scheme requiring minimal effort, only to find out the hard way. Intrigued by the talk of an Airbnb bust, I delved into some fascinating statistics straight from Airbnb. Join us as we dive into some surprising stats about Airbnb that might change your perspective. Despite popular belief, the Airbnb gold rush isn't over; it's evolving. Do you think the B&B gold rush is truly over? Tune in and let us know your thoughts by texting 205-249-0248. Links Mentioned in this Episode: Connect with Jay:...

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Happy Independence! show art Happy Independence!

W2 Capitalist | For Married, Busy Parents Side Hustling in REI

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Feeling Like an Imposter? Good, You’re Growing! show art Feeling Like an Imposter? Good, You’re Growing!

W2 Capitalist | For Married, Busy Parents Side Hustling in REI

Join us in this episode as we confront imposter syndrome head-on. Inspired by comedian Jimmy Carr's insights, we discuss why imposter syndrome isn't something to fear, but rather, something to embrace as a sign of growth. We explore the misconceptions around success and jealousy, emphasizing that others admire your achievements, not the path you took to get there. Whether you're navigating your small rental portfolio or aiming for greater goals, learn why chasing imposter syndrome can lead to personal and professional advancement.  Links Mentioned in this Episode: Connect with Jay: ...

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Trust Your Spidey-Senses: What's better SFR vs. MFR in Long-Term Rentals show art Trust Your Spidey-Senses: What's better SFR vs. MFR in Long-Term Rentals

W2 Capitalist | For Married, Busy Parents Side Hustling in REI

Are you torn between investing in single-family or multifamily rentals? In this episode, we dive deep into the pros and cons of each investment type. Using a fun analogy inspired by my son's thoughts on Spider-Man, we explore how long-term client engagement can impact your investment strategy. Join us as we analyze real-world scenarios and share insights to help you make informed decisions in the real estate market. And remember, always trust your Spidey senses! Links Mentioned in this Episode: Connect with Jay:

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Remote Showings Made Easy: Our Proven Process for Showing Vacant Units Remotely show art Remote Showings Made Easy: Our Proven Process for Showing Vacant Units Remotely

W2 Capitalist | For Married, Busy Parents Side Hustling in REI

Are you considering self-managing your rental properties but struggling with how to show units without it consuming all your time? In this episode, I'll walk you through our streamlined process, inspired by the W2 Capitalist community and particularly Tyler Hughes and Chattanooga. This method has been a game-changer for our remote portfolio of 20 units, especially after discovering our third-party property manager was stealing from us. If you're looking to enhance your remote showing process or boost your confidence in self-management, this episode is for you. Links Mentioned in this Episode: ...

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Real Estate Investing Advice That Works: The W2 Capitalist Difference show art Real Estate Investing Advice That Works: The W2 Capitalist Difference

W2 Capitalist | For Married, Busy Parents Side Hustling in REI

Ever wondered why some real estate advice from forums or free Facebook groups sounds good in theory but falls apart in practice? Join us on this episode as we dive into the pitfalls of taking advice from inexperienced sources and how the W-2 Capitalist community sets itself apart. Recently, I came across a post in a popular REI group where a father debated installing coin-operated washers and dryers in his duplex. The response he got was filled with poor advice from someone with no real-world experience. Ready to join a community where real experience counts? Text me at 205-249-0248. Tune in...

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More Episodes

In this episode I realize that we are all in the Airbnb space, so we talk about our BnB portfolios, the advantages of looking at a property from the eyes of a potential guest, AND then we drift into developing and being familiar with easements, planning & zoning. Jamie has reason to remind us why we should always trust but verify with contractors. If you want to chat about anything we’ve discussed here today, I’m giving you my cell # at the end, so be sure to stick around. This is episode #170 of the W2 Capitalist Podcast.

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