Cashflow Diary™
Welcome to the Cashflow Diary, where new and experienced investors come to take confident action towards their goals. Your host is a family man, a real estate entrepreneur, investor, coach and instructor. As a master facilitator of Robert Kiyosaki’s Cashflow 101 game, he’s inspired many to begin their journey into creating cashflow for themselves and their families. Mr. J. Massey has nearly a decade of experience in the areas of financial services and real estate. He currently serves as President and Owner of West Egg Enterprises, Inc. and West Egg Properties, LLC, which together hold over 200 units of residential property. In the last 3 years, he has personally completed over 100 real estate transactions in 8 different states. Mr. J. Massey has proven to be particularly adept at the art of getting difficult deals completed and finding creative solutions to avoid potential deal-breaking problems. He has invested a significant amount of time studying and executing transactions in multiple markets using many different strategies. From these experiences, he has not only learned numerous useful lessons and techniques, but has also created profits for both himself and his investors. In addition, he has helped to beautify and improve neighborhoods and provide jobs and revenue to communities. Through his expertise, he has helped many people build their cash flow and wealth using real estate, both inside and outside of their retirement plans. Prior to real estate investing, his background was in insurance and financial planning as a licensed representative with the National Association of Securities Dealers (NASD), the Securities and Exchange Commission (SEC), the California Dept of Insurance (CDI), and as a Registered Investment Advisor Representative (RIAR). However, he does not currently operate or hold any of these licenses. He currently functions as a landlord, lender, consultant, real estate developer, investment manager, speaker, author and mentor. In his spare time, Mr. J. Massey enjoys photography, reading and family activities with his 3 daughters, son, and wife in Orange County, California.
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Breaking Through Habits And Mindsets Holding You Back
04/07/2023
Breaking Through Habits And Mindsets Holding You Back
On today's episode of Cash Flow Diary, J. Massey explores the habits and mindsets that are holding you back from scaling up and growing your short term rental empire. Despite a hunger for knowledge and self-improvement, many individuals find themselves stuck in unproductive routines that hinder their progress. J offers actionable advice for breaking free from these patterns and shifting your mindset towards growth and success. Also in this episode: Suffering leads to perseverance The problem with qualified retirement accounts The importance of believing that wealth is for everyone A sequence of events that can destroy your liquidity Jay Massey is a full-time Real Estate Investor, Entrepreneur, Popular Podcast Host, Author, Speaker, Coach & All-Around Problem Solver. Cashflow Diary is a short-term rental hospitality training company. We show people how to build their own short-term rental business (without needing to buy or own any property) so they can thrive financially. Heralded as the most advanced short-term rental training in the industry, enjoys creating content and communities that are solely focused on developing individuals into powerful business owners. Founded by J. Massey, Cashflow Diary exists to create short-term rental entrepreneurs. No matter your passion, he believes that running a hospitality business will change people’s lives… Cashflow Diary is here to share all of it with you.
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How Short Term Rental Industry Can Help Anyone Generate Wealth
04/04/2023
How Short Term Rental Industry Can Help Anyone Generate Wealth
On today's episode of Cash Flow Diary, J. Massey hosts a Q+A session about how working with the short term rental industry can help anyone generate the wealth they seek. During this Q+A session with clients, J answers a wide range of questions from clients and provides answers and strategies they can use to help them start building their own short term rental empire. Also in this episode: How do you leverage what you already have Using referral codes for Uber and Lyft to make your rental stand out The rule of adverse selection The difference between an Airbnb and a bed and breakfast About Cashflow Diary™ Jay Massey is a full-time Real Estate Investor, Entrepreneur, Popular Podcast Host, Author, Speaker, Coach & All-Around Problem Solver. Cashflow Diary is a short-term rental hospitality training company. We show people how to build their own short-term rental business (without needing to buy or own any property) so they can thrive financially. Heralded as the most advanced short-term rental training in the industry, enjoys creating content and communities that are solely focused on developing individuals into powerful business owners. Founded by J. Massey, Cashflow Diary exists to create short-term rental entrepreneurs. No matter your passion, he believes that running a hospitality business will change people’s lives… Cashflow Diary is here to share all of it with you.
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The First Step To Building Your Short Term Rental Empire
03/31/2023
The First Step To Building Your Short Term Rental Empire
On today's episode of Cash Flow Diary, J. Massey hosts a Q+A session with coaching clients about the first steps needed to build your short term rental empire. There are a lot of steps involved when it comes to building your short term rental empire. During Q+A calls with coaching clients, J shares the importance of changing your mindset and how it will have an astronomical impact on your business over time. Also in this episode: You don't rise to the level of your goals; you fall to the level of your systems How habits are the compound interest of self-improvement The importance of tracking your sleep and water intake Habits are the compound interest of self improvement, the effects of your habits multiply as you repeat them. About Cashflow Diary™ Jay Massey is a full-time Real Estate Investor, Entrepreneur, Popular Podcast Host, Author, Speaker, Coach & All-Around Problem Solver. Cashflow Diary is a short-term rental hospitality training company. We show people how to build their own short-term rental business (without needing to buy or own any property) so they can thrive financially. Heralded as the most advanced short-term rental training in the industry, enjoys creating content and communities that are solely focused on developing individuals into powerful business owners. Founded by J. Massey, Cashflow Diary exists to create short-term rental entrepreneurs. No matter your passion, he believes that running a hospitality business will change people’s lives… Cashflow Diary is here to share all of it with you.
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The Best Storage Solutions For Your Gold And Silver Investments
03/28/2023
The Best Storage Solutions For Your Gold And Silver Investments
On today's episode of Cash Flow Diary, J. Massey hosts a Q+A session with coaching clients about storage solutions for their gold and Silver. When it comes to storage for gold and silver J Massey has heard it all. J speaks with a group of coaching clients and provides advice on safely storing your gold and Silver without burying them in the backyard. Also in this episode: The reason why coin shops often next to gun shops Why is Silver counterfeited less than gold Even Benjamin Franklin kept some of his assets across seven countries. Gold and Silver are not always insurable About Cashflow Diary™ Jay Massey is a full-time Real Estate Investor, Entrepreneur, Popular Podcast Host, Author, Speaker, Coach & All-Around Problem Solver. Cashflow Diary is a short-term rental hospitality training company. We show people how to build their own short-term rental business (without needing to buy or own any property) so they can thrive financially. Heralded as the most advanced short-term rental training in the industry, enjoys creating content and communities that are solely focused on developing individuals into powerful business owners. Founded by J. Massey, Cashflow Diary exists to create short-term rental entrepreneurs. No matter your passion, he believes that running a hospitality business will change people’s lives… Cashflow Diary is here to share all of it with you.
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Teaching Families How To Achieve Financial Freedom In The Short Term Rental Industry
03/24/2023
Teaching Families How To Achieve Financial Freedom In The Short Term Rental Industry
On today's episode of Cash Flow Diary, J. Massey shares why he enjoys teaching families how to generate wealth to achieve finical freedom within the short term rental industry. In this episode of Cash Flow Diary, J. Massey shares why he enjoys teaching families how to generate wealth to achieve financial freedom within the short term rental industry. Anytime J is being interviewed; he is always asked the same question "why do you do what you do?" Something J tells his team all the time "the reason Cash Flow Diary exists is that I know their families want to generate wealth but don't know how to harness their unique skill set. Building a short term rental empire provides operatives for working families to achieve their goal of financial freedom. Also in this episode: The power of disconnecting your income from the clock Financial freedom means having a choice of how you spend your time The biggest lessons J took away from 2020 Stop assuming that we all have the same real estate knowledge About Cashflow Diary™ Jay Massey is a full-time Real Estate Investor, Entrepreneur, Popular Podcast Host, Author, Speaker, Coach & All-Around Problem Solver. Cashflow Diary is a short-term rental hospitality training company. We show people how to build their own short-term rental business (without needing to buy or own any property) so they can thrive financially. Heralded as the most advanced short-term rental training in the industry, enjoys creating content and communities that are solely focused on developing individuals into powerful business owners. Founded by J. Massey, Cashflow Diary exists to create short-term rental entrepreneurs. No matter your passion, he believes that running a hospitality business will change people’s lives… Cashflow Diary is here to share all of it with you.
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Unbelievable Tales From The Short Term Rental Industry That Left J Massey Speechless
03/21/2023
Unbelievable Tales From The Short Term Rental Industry That Left J Massey Speechless
In this episode of Cash Flow Diary, host J Massey was left speechless by an unbelievable tale about property damage that occurred from a coaching client working in the short term rental industry. During a Q+A session with coaching clients, J Massey guides coaching clients as they build their short term rental empire. J thought he had heard everything while working in the short term rental industry. J would never have thought that a customer would remove a piece of the property from a short term rental property, but he was wrong. J advises his clients on how to proceed when the unthinkable happens. Also in this episode: Where there is chaos, there is cash flow How the pandemic changed customers' needs have changed with the rise of remote working The importance of listening to your landlord How do you calculate fines for property damage About Cashflow Diary™ Jay Massey is a full-time Real Estate Investor, Entrepreneur, Popular Podcast Host, Author, Speaker, Coach & All-Around Problem Solver. Cashflow Diary is a short-term rental hospitality training company. We show people how to build their own short-term rental business (without needing to buy or own any property) so they can thrive financially. Heralded as the most advanced short-term rental training in the industry, enjoys creating content and communities that are solely focused on developing individuals into powerful business owners. Founded by J. Massey, Cashflow Diary exists to create short-term rental entrepreneurs. No matter your passion, he believes that running a hospitality business will change people’s lives… Cashflow Diary is here to share all of it with you.
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How To Get Rich Quick In The Short Term Real Estate Industry
03/17/2023
How To Get Rich Quick In The Short Term Real Estate Industry
In this episode of Cash Flow Diary, J Massey teaches you how to get rich quickly while working in the short-term real estate industry. When most people hear the term "get rich quick," they think they are being scammed. However, shifting our mindset on how we think about this phrase can drastically affect your ability to be successful at growing a big enough short-term rental portfolio which is also sustainable and can support your lifestyle. Also in this episode: How nothing has any meaning except the meaning ascribed to it How do you define "rich"? How feeling anxiety and dread will not help you shift your mindset How do we frame objective facts? About Cashflow Diary™ Jay Massey is a full-time Real Estate Investor, Entrepreneur, Popular Podcast Host, Author, Speaker, Coach & All-Around Problem Solver. Cashflow Diary is a short-term rental hospitality training company. We show people how to build their own short-term rental business (without needing to buy or own any property) so they can thrive financially. Heralded as the most advanced short-term rental training in the industry, enjoys creating content and communities that are solely focused on developing individuals into powerful business owners. Founded by J. Massey, Cashflow Diary exists to create short-term rental entrepreneurs. No matter your passion, he believes that running a hospitality business will change people’s lives… Cashflow Diary is here to share all of it with you.
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How You Can Remedy The Situation If Somebody Is Smoking In Your Unit
03/14/2023
How You Can Remedy The Situation If Somebody Is Smoking In Your Unit
In this episode of Cash Flow Diary, J Massey hosts a Q+A with coaching clients about what to do when somebody is smoking in your unit and how you can remedy the situation. When running your short term real estate empire, the majority of your guests will come and go with no complications. Occasionally, however, you will have a guest who breaks some of the agreed-upon rules and J shares his personal tips on how you can approach the confrontation behind somebody smoking in your short term rental when you don’t want them to. Also in this episode: Airbnb is looking for irrefutable evidence Cannabis being legal in more states is leading to more smoking in short-term units What technology to invest in proving that the guest was smoking in the unit How to remove the smell of tobacco before your next guest arrives About Cashflow Diary™ Jay Massey is a full-time Real Estate Investor, Entrepreneur, Popular Podcast Host, Author, Speaker, Coach & All-Around Problem Solver. Cashflow Diary is a short-term rental hospitality training company. We show people how to build their own short-term rental business (without needing to buy or own any property) so they can thrive financially. Heralded as the most advanced short-term rental training in the industry, enjoys creating content and communities that are solely focused on developing individuals into powerful business owners. Founded by J. Massey, Cashflow Diary exists to create short-term rental entrepreneurs. No matter your passion, he believes that running a hospitality business will change people’s lives… Cashflow Diary is here to share all of it with you.
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How To Negotiate A Short Term Real Estate Rental Unit Lease
03/10/2023
How To Negotiate A Short Term Real Estate Rental Unit Lease
In this episode of Cash Flow Diary, J Massey discusses how you can negotiate your short term real estate until lease. When it comes to renting out Short Term Real Estate Units, knowing how to negotiate a lease is extremely important to know. J hosts a q+a session with coaching clients and provides the tips and tricks on negotiating short term real estate leases to maximize your return on investment. Also in this episode: The differences between a net lease and a lease Factoring in utility prices in colder climates How much should you charge for rent in your unit About Cashflow Diary™ Jay Massey is a full-time Real Estate Investor, Entrepreneur, Popular Podcast Host, Author, Speaker, Coach & All-Around Problem Solver. Cashflow Diary is a short-term rental hospitality training company. We show people how to build their own short-term rental business (without needing to buy or own any property) so they can thrive financially. Heralded as the most advanced short-term rental training in the industry, enjoys creating content and communities that are solely focused on developing individuals into powerful business owners. Founded by J. Massey, Cashflow Diary exists to create short-term rental entrepreneurs. No matter your passion, he believes that running a hospitality business will change people’s lives… Cashflow Diary is here to share all of it with you.
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Security Tools And Technology For Renting Out Your Short Term Rental Unit
03/07/2023
Security Tools And Technology For Renting Out Your Short Term Rental Unit
In this episode of Cash Flow Diary, J Massey shares security tips for renting out your short term rental unit. Have you ever wanted to start hosting guests, but have safety or property damage concerns? J shares his experience with this kind of scenario when he rented a short term property. He also provides you with a walk-through on how to improve the security for your own property. Also in this episode: The problem with lockboxes Using new technology for noise detection How to prove that somebody was smoking in the unit Guests need to feel safe if they are going to rent your unit Subscribe To The Show | | Connect with J. Massey and the Cashflow Diary™ | | | | Read the latest Cashflow Diary article: About Cashflow Diary™ Jay Massey is a full-time Real Estate Investor, Entrepreneur, Popular Podcast Host, Author, Speaker, Coach & All-Around Problem Solver. Cashflow Diary is a short-term rental hospitality training company. We show people how to build their own short-term rental business (without needing to buy or own any property) so they can thrive financially. Heralded as the most advanced short-term rental training in the industry, enjoys creating content and communities that are solely focused on developing individuals into powerful business owners. Founded by J. Massey, Cashflow Diary exists to create short-term rental entrepreneurs. No matter your passion, he believes that running a hospitality business will change people’s lives… Cashflow Diary is here to share all of it with you.
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Make Your Short Term Rental Property Profitable With These Insider Secrets
03/03/2023
Make Your Short Term Rental Property Profitable With These Insider Secrets
In today's episode of Cash Flow Diary, J Massey shares insider secrets on making your short-term rental property profitable. Furniture is one of the biggest expenses when getting your short-term real estate empire off the ground. Guest expert, Rebecca, joins J to give you all the insider tips and tricks you need to furnish your short term rental without breaking the bank. Also in this episode: Why you should let your designer make all the furnishing decisions When should you get a wholesale license Anything furniture you buy should be durable and come with a warranty Just because the furniture looks good in a showroom doesn't mean that it is Subscribe To The Show | | Connect with J. Massey and the Cashflow Diary™ | | | | Read the latest Cashflow Diary article: About Cashflow Diary™ Jay Massey is a full-time Real Estate Investor, Entrepreneur, Popular Podcast Host, Author, Speaker, Coach & All-Around Problem Solver. Cashflow Diary is a short-term rental hospitality training company. We show people how to build their own short-term rental business (without needing to buy or own any property) so they can thrive financially. Heralded as the most advanced short-term rental training in the industry, enjoys creating content and communities that are solely focused on developing individuals into powerful business owners. Founded by J. Massey, Cashflow Diary exists to create short-term rental entrepreneurs. No matter your passion, he believes that running a hospitality business will change people’s lives… Cashflow Diary is here to share all of it with you.
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What Happens To The Short Term Real Estate Empire You’ve Built When Someone Else Takes Over
02/28/2023
What Happens To The Short Term Real Estate Empire You’ve Built When Someone Else Takes Over
In today's episode of Cash Flow Diary, host J. Massey explores what happens to your short term real estate empire when it's time for somebody else to take over. A lot goes into building your short-term rental empire, from getting your business up and running to day-to-day operations. Unfortunately, many business owners don't plan for what happens when they can't or don't want to keep running it. During a call with coaching clients, J. answers questions and provides tips and advice about beneficiaries, trusts, and how to plan for your business's future. The importance of having a business bank account. When should you add a secondary beneficiary to the business account Why you need to have why you have to have centralized storage in your units How often should you be running security checks Subscribe To The Show | | Connect with J. Massey and the Cashflow Diary™ | | | | Read the latest Cashflow Diary article: About Cashflow Diary™ Jay Massey is a full-time Real Estate Investor, Entrepreneur, Popular Podcast Host, Author, Speaker, Coach & All-Around Problem Solver. Cashflow Diary is a short-term rental hospitality training company. We show people how to build their own short-term rental business (without needing to buy or own any property) so they can thrive financially. Heralded as the most advanced short-term rental training in the industry, enjoys creating content and communities that are solely focused on developing individuals into powerful business owners. Founded by J. Massey, Cashflow Diary exists to create short-term rental entrepreneurs. No matter your passion, he believes that running a hospitality business will change people’s lives… Cashflow Diary is here to share all of it with you.
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To Have A Business Partner Or Not To Have A Business Partner, That Is The Question
02/24/2023
To Have A Business Partner Or Not To Have A Business Partner, That Is The Question
On today's episode of Cash Flow Diary, J. Massey explores the scenario that all entrepreneurs will come across "to have a business partner, or not to have a business partner." During a session with coaching clients, J helps a client navigate a situation with their friend who wants to become their business partner and he shares advice on avoiding the many pitfalls which can come from this sticky scenario. Also in this episode: The risk of not being prepared You need to have a clear vision Situations where someone else's ignorance costs you money Setting clear boundaries as friends and business partners Subscribe To The Show | | Connect with J. Massey and the Cashflow Diary™ | | | | Read the latest Cashflow Diary article: About Cashflow Diary™ Jay Massey is a full-time Real Estate Investor, Entrepreneur, Popular Podcast Host, Author, Speaker, Coach & All-Around Problem Solver. Cashflow Diary is a short-term rental hospitality training company. We show people how to build their own short-term rental business (without needing to buy or own any property) so they can thrive financially. Heralded as the most advanced short-term rental training in the industry, enjoys creating content and communities that are solely focused on developing individuals into powerful business owners. Founded by J. Massey, Cashflow Diary exists to create short-term rental entrepreneurs. No matter your passion, he believes that running a hospitality business will change people’s lives… Cashflow Diary is here to share all of it with you.
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The Customer Isn't ALWAYS Right But Sometimes They Are | Why You Need A Customer Service Manager To Scale Your Short Term Real Estate Business
02/21/2023
The Customer Isn't ALWAYS Right But Sometimes They Are | Why You Need A Customer Service Manager To Scale Your Short Term Real Estate Business
In this episode of Cashflow Diary, host J Massey, speaks with a group of coaching clients about the importance of having a customer service manager to scale your short term real estate industry. The key to a successful short-term rental empire is to build a base of satisfied, loyal customers. But, as an entrepreneur, you must first know where your business starts and ends with a customer. During a recent call with coaching clients, we discussed the importance of hiring a dedicated customer service manager to ensure the business runs smoothly and efficiently. Also in this episode: How to hire a customer service manager Having an onboarding system for your customer Working with clients from diverse backgrounds Apps that can help manage your short term real estate empire Subscribe To The Show | | Connect with J. Massey and the Cashflow Diary™ | | | | Read the latest Cashflow Diary article: About Cashflow Diary™ Jay Massey is a full-time Real Estate Investor, Entrepreneur, Popular Podcast Host, Author, Speaker, Coach & All-Around Problem Solver. Cashflow Diary is a short-term rental hospitality training company. We show people how to build their own short-term rental business (without needing to buy or own any property) so they can thrive financially. Heralded as the most advanced short-term rental training in the industry, enjoys creating content and communities that are solely focused on developing individuals into powerful business owners. Founded by J. Massey, Cashflow Diary exists to create short-term rental entrepreneurs. No matter your passion, he believes that running a hospitality business will change people’s lives… Cashflow Diary is here to share all of it with you.
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Technology Has And Will Continue To Change The Short Term Real Estate Industry
02/17/2023
Technology Has And Will Continue To Change The Short Term Real Estate Industry
In this episode of Cashflow Diary, host J. Massey, speaks with a group of coaching clients about technology and its impact on the short term real estate industry. Advancements in technology have changed the way we do business on every level. To successfully run your short-term real estate empire, you must keep up with trends and advancements. Also in this episode: The various apps customers use to book short term rentals The different ways to raise capital Potential security threats that come with new technology Raising capital for your short term rental empire Subscribe To The Show | | Connect with J. Massey and the Cashflow Diary™ | | | | Read the latest Cashflow Diary article: About Cashflow Diary™ Jay Massey is a full-time Real Estate Investor, Entrepreneur, Popular Podcast Host, Author, Speaker, Coach & All-Around Problem Solver. Cashflow Diary is a short-term rental hospitality training company. We show people how to build their own short-term rental business (without needing to buy or own any property) so they can thrive financially. Heralded as the most advanced short-term rental training in the industry, enjoys creating content and communities that are solely focused on developing individuals into powerful business owners. Founded by J. Massey, Cashflow Diary exists to create short-term rental entrepreneurs. No matter your passion, he believes that running a hospitality business will change people’s lives… Cashflow Diary is here to share all of it with you.
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How To Talk About Money Without Feeling Uncomfortable
02/14/2023
How To Talk About Money Without Feeling Uncomfortable
In this episode of Cashflow Diary, host, J.Massey, discusses how you can talk about money without feeling uncomfortable during the conversation. Talking about money makes many people uncomfortable, and many choose to avoid it altogether. However, when you run your short term real estate empire, you will inevitably have to communicate about money. It is important to remember that most people need the financial understanding you do and to keep that in mind, so your communication is clear and effective when conducting your business. Also in this episode: Why I avoid using financial jargon Communication is sent to proceed and properly interpreted Your attorney's role in your short term real estate empire The process of getting the money into the business Subscribe To The Show | | Connect with J. Massey and the Cashflow Diary™ | | | | Read the latest Cashflow Diary article: About Cashflow Diary™ Jay Massey is a full-time Real Estate Investor, Entrepreneur, Popular Podcast Host, Author, Speaker, Coach & All-Around Problem Solver. Cashflow Diary is a short-term rental hospitality training company. We show people how to build their own short-term rental business (without needing to buy or own any property) so they can thrive financially. Heralded as the most advanced short-term rental training in the industry, enjoys creating content and communities that are solely focused on developing individuals into powerful business owners. Founded by J. Massey, Cashflow Diary exists to create short-term rental entrepreneurs. No matter your passion, he believes that running a hospitality business will change people’s lives… Cashflow Diary is here to share all of it with you.
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How To Measure Your Financial Progress In The Short Term Real Estate Industry
02/10/2023
How To Measure Your Financial Progress In The Short Term Real Estate Industry
On this episode of Cashflow Diary, host, J. Massey, discusses why and how you must measure your financial progress when working in the short-term real estate industry. Unfortunately, it is very easy to lose focus on the day-to-day running of your business. During a Q&A session with coaching clients, I share strategies and tools to best keep track of your financial progress and how to maximize your profits. Also in this episode: The difference between revenue and income How much of your income comes from assets How I select hotel properties Examples of revenue which come from your labor Subscribe To The Show | | Connect with J. Massey and the Cashflow Diary™ | | | | Read the latest Cashflow Diary article: About Cashflow Diary™ Jay Massey is a full-time Real Estate Investor, Entrepreneur, Popular Podcast Host, Author, Speaker, Coach & All-Around Problem Solver. Cashflow Diary is a short-term rental hospitality training company. We show people how to build their own short-term rental business (without needing to buy or own any property) so they can thrive financially. Heralded as the most advanced short-term rental training in the industry, enjoys creating content and communities that are solely focused on developing individuals into powerful business owners. Founded by J. Massey, Cashflow Diary exists to create short-term rental entrepreneurs. No matter your passion, he believes that running a hospitality business will change people’s lives… Cashflow Diary is here to share all of it with you.
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Should You Invest In A Cash Flow Business Or Focus More On Your Short-Term Real Estate Empire
02/07/2023
Should You Invest In A Cash Flow Business Or Focus More On Your Short-Term Real Estate Empire
As you grow your short-term real estate empire, you will come to a crossroads. Should you invest in a cash-flow business, or should you focus on growing your business? This question came up during a recent Q+ A with coaching clients and I share my experience purchasing several cash-flow companies. Make sure you listen to this before you take the next step in building your empire! Also in this episode: The challenge of building an online presence The number one skill of any entrepreneur is raising capital The different types of communication styles The importance of keeping up with changes in your industry Subscribe To The Show | | Connect with J. Massey and the Cashflow Diary™ | | | | Read the latest Cashflow Diary article: About Cashflow Diary™ Jay Massey is a full-time Real Estate Investor, Entrepreneur, Popular Podcast Host, Author, Speaker, Coach & All-Around Problem Solver. Cashflow Diary is a short-term rental hospitality training company. We show people how to build their own short-term rental business (without needing to buy or own any property) so they can thrive financially. Heralded as the most advanced short-term rental training in the industry, enjoys creating content and communities that are solely focused on developing individuals into powerful business owners. Founded by J. Massey, Cashflow Diary exists to create short-term rental entrepreneurs. No matter your passion, he believes that running a hospitality business will change people’s lives… Cashflow Diary is here to share all of it with you.
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You Need To Offer Storage In Your Short Term Rental Unit
02/03/2023
You Need To Offer Storage In Your Short Term Rental Unit
When renting out a short term, you need to acknowledge that your tenants are there for different reasons and lengths of stay. No two tenants are alike and neither is how much stuff they have. Storage units are great for storing valuable assets and they are a spectacular value add for someone looking to have an edge on the competition. During a coaching session with clients, I answer their questions about their tenants' storage and provide tips and tricks I have learned along the way. Also in this episode: What you should be looking for in a lease Creative problem-solving if your unit does not have any storage Keeping track of the copies of keys to the unit The importance of networking with others in the short term real estate industry Subscribe To The Show | | Connect with J. Massey and the Cashflow Diary™ | | | | Read the latest Cashflow Diary article: About Cashflow Diary™ Jay Massey is a full-time Real Estate Investor, Entrepreneur, Popular Podcast Host, Author, Speaker, Coach & All-Around Problem Solver. Cashflow Diary is a short-term rental hospitality training company. We show people how to build their own short-term rental business (without needing to buy or own any property) so they can thrive financially. Heralded as the most advanced short-term rental training in the industry, enjoys creating content and communities that are solely focused on developing individuals into powerful business owners. Founded by J. Massey, Cashflow Diary exists to create short-term rental entrepreneurs. No matter your passion, he believes that running a hospitality business will change people’s lives… Cashflow Diary is here to share all of it with you.
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Keeping Your Cool | What To Do With Unruly Tenant's And Landlords
01/31/2023
Keeping Your Cool | What To Do With Unruly Tenant's And Landlords
When you are building your short-term rental empire, you will work alongside many tenants. As a result, various scenarios will arise that will need creative problem solving. During a coaching session with clients, they share their experiences and ask for advice on handling their situations with their tenants. I offer creative solutions and guidance to ensure they protect their property, reputation, and short-term real estate empire. Also in this episode: What can you write off when your home is your business What people without a mortgage do Would you change how you operate Subscribe To The Show | | Connect with J. Massey and the Cashflow Diary™ | | | | Read the latest Cashflow Diary article: About Cashflow Diary™ Jay Massey is a full-time Real Estate Investor, Entrepreneur, Popular Podcast Host, Author, Speaker, Coach & All-Around Problem Solver. Cashflow Diary is a short-term rental hospitality training company. We show people how to build their own short-term rental business (without needing to buy or own any property) so they can thrive financially. Heralded as the most advanced short-term rental training in the industry, enjoys creating content and communities that are solely focused on developing individuals into powerful business owners. Founded by J. Massey, Cashflow Diary exists to create short-term rental entrepreneurs. No matter your passion, he believes that running a hospitality business will change people’s lives… Cashflow Diary is here to share all of it with you.
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How To Turn Your Short-Term Renter Into A Repeat Customer
01/27/2023
How To Turn Your Short-Term Renter Into A Repeat Customer
When customers rent one of your short-term rentals, you want to do everything you can to keep them coming back as repeat customers. In this Q+A with coaching clients, I answer questions about what makes a repeat customer tick, and how you can go above and beyond to keep them coming back for more. Also in this episode: The importance of getting corporate customers Making an intentional decision to believe what you believe When it is time to take a break What amenities to offer your guest Subscribe To The Show | | Connect with J. Massey and the Cashflow Diary™ | | | | Read the latest Cashflow Diary article: About Cashflow Diary™ Jay Massey is a full-time Real Estate Investor, Entrepreneur, Popular Podcast Host, Author, Speaker, Coach & All-Around Problem Solver. Cashflow Diary is a short-term rental hospitality training company. We show people how to build their own short-term rental business (without needing to buy or own any property) so they can thrive financially. Heralded as the most advanced short-term rental training in the industry, enjoys creating content and communities that are solely focused on developing individuals into powerful business owners. Founded by J. Massey, Cashflow Diary exists to create short-term rental entrepreneurs. No matter your passion, he believes that running a hospitality business will change people’s lives… Cashflow Diary is here to share all of it with you.
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How To Set Your Short Term Rental Apart From A Hotel
01/24/2023
How To Set Your Short Term Rental Apart From A Hotel
The ability to stand out, and offer your business something different can help you run a successful short-term rental business. During a coaching call with clients, we discuss the many kinds of different services or amenities we can offer our guests. Also in this episode: you Automate as much of the process as you can Unique offers like: birthday packages, sending flowers sent to the unit What to charge for parking What amenities do guests except Subscribe To The Show | | Connect with J. Massey and the Cashflow Diary™ | | | | Read the latest Cashflow Diary article: About Cashflow Diary™ Jay Massey is a full-time Real Estate Investor, Entrepreneur, Popular Podcast Host, Author, Speaker, Coach & All-Around Problem Solver. Cashflow Diary is a short-term rental hospitality training company. We show people how to build their own short-term rental business (without needing to buy or own any property) so they can thrive financially. Heralded as the most advanced short-term rental training in the industry, enjoys creating content and communities that are solely focused on developing individuals into powerful business owners. Founded by J. Massey, Cashflow Diary exists to create short-term rental entrepreneurs. No matter your passion, he believes that running a hospitality business will change people’s lives… Cashflow Diary is here to share all of it with you.
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The Reddit GameStop Short Sell Saga Explained
01/20/2023
The Reddit GameStop Short Sell Saga Explained
During a recent coaching session with my clients, they had questions about the Reddit GameStop Saga that was so heavily covered in the media. I explain how short sells and the Gamestop stock are interconnected in today's episode. I also answer questions about how we can minimize our risk regarding what stock we invest in and who rents our short-term rentals. Also in this episode: Elon Musk hates short sellers Buy back shares Redditors like to do their research Subscribe To The Show | | Connect with J. Massey and the Cashflow Diary™ | | | | Read the latest Cashflow Diary article: About Cashflow Diary™ Jay Massey is a full-time Real Estate Investor, Entrepreneur, Popular Podcast Host, Author, Speaker, Coach & All-Around Problem Solver. Cashflow Diary is a short-term rental hospitality training company. We show people how to build their own short-term rental business (without needing to buy or own any property) so they can thrive financially. Heralded as the most advanced short-term rental training in the industry, enjoys creating content and communities that are solely focused on developing individuals into powerful business owners. Founded by J. Massey, Cashflow Diary exists to create short-term rental entrepreneurs. No matter your passion, he believes that running a hospitality business will change people’s lives… Cashflow Diary is here to share all of it with you.
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What To Do When The Customer Leaves A Bad Review
01/17/2023
What To Do When The Customer Leaves A Bad Review
Every short-term rental owner is familiar with the feeling of being scratched if a guest writes bad reviews about their property. It's disheartening, but it's also normal. No owner wants a bad review, but it can't be controlled. Regardless, what you do next is critical because these reviews can cause a lot of damage to your business. The question is, How do you respond when clients leave a bad review about their experience? Join our episode today and listen as we discuss some tips and tricks for you. Also in this episode: Safe is open to interpretation The seven words you want to avoid when writing a review How to respond while remaining professional Using role-playing to prepare for confirmation Subscribe To The Show | | Connect with J. Massey and the Cashflow Diary™ | | | | Read the latest Cashflow Diary article: About Cashflow Diary™ Jay Massey is a full-time Real Estate Investor, Entrepreneur, Popular Podcast Host, Author, Speaker, Coach & All-Around Problem Solver. Cashflow Diary is a short-term rental hospitality training company. We show people how to build their own short-term rental business (without needing to buy or own any property) so they can thrive financially. Heralded as the most advanced short-term rental training in the industry, enjoys creating content and communities that are solely focused on developing individuals into powerful business owners. Founded by J. Massey, Cashflow Diary exists to create short-term rental entrepreneurs. No matter your passion, he believes that running a hospitality business will change people’s lives… Cashflow Diary is here to share all of it with you.
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The Lay Out Of Your Unit Is More Important Than The Size Of The Unit
01/13/2023
The Lay Out Of Your Unit Is More Important Than The Size Of The Unit
When renting out a part of your property, the layout is everything. Setting up your unit can make the difference between having it booked for the whole season or being empty for most of it. This coaching session with our clients discusses how to effectively lay out your unit to maximize renters' interest without compromising your space. Also in this episode: The advantage of having accessible bathrooms Why having a bare unit is a big problem Protocol with Vivint on moving a unit Subscribe To The Show | | Connect with J. Massey and the Cashflow Diary™ | | | | Read the latest Cashflow Diary article: About Cashflow Diary™ Jay Massey is a full-time Real Estate Investor, Entrepreneur, Popular Podcast Host, Author, Speaker, Coach & All-Around Problem Solver. Cashflow Diary is a short-term rental hospitality training company. We show people how to build their own short-term rental business (without needing to buy or own any property) so they can thrive financially. Heralded as the most advanced short-term rental training in the industry, enjoys creating content and communities that are solely focused on developing individuals into powerful business owners. Founded by J. Massey, Cashflow Diary exists to create short-term rental entrepreneurs. No matter your passion, he believes that running a hospitality business will change people’s lives… Cashflow Diary is here to share all of it with you.
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Nightmare Tenants And How To Deal With Them With Out Losing Your Cool
01/10/2023
Nightmare Tenants And How To Deal With Them With Out Losing Your Cool
Nightmare tenants. Unexpected maintenance requests. Confrontations with other hosts, or sometimes your landlords. Dealing with these conflicts is unavoidable, and to survive in the industry, you must learn how to navigate them skillfully without compromising your professional image. During this episode, My guests shared their stories on how they handled these situations without losing their cool. Also, in this episode: What happens when a customer loses their diamond ring Keep your emotions out of it and be professional Why is subletting everything we asked for The impact of Covid on the short-term rental industry Subscribe To The Show | | Connect with J. Massey and the Cashflow Diary™ | | | | Read the latest Cashflow Diary article: About Cashflow Diary™ Jay Massey is a full-time Real Estate Investor, Entrepreneur, Popular Podcast Host, Author, Speaker, Coach & All-Around Problem Solver. Cashflow Diary is a short-term rental hospitality training company. We show people how to build their own short-term rental business (without needing to buy or own any property) so they can thrive financially. Heralded as the most advanced short-term rental training in the industry, enjoys creating content and communities that are solely focused on developing individuals into powerful business owners. Founded by J. Massey, Cashflow Diary exists to create short-term rental entrepreneurs. No matter your passion, he believes that running a hospitality business will change people’s lives… Cashflow Diary is here to share all of it with you.
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Working With Property Managers To Help You Build Your Real Estate Empire
01/06/2023
Working With Property Managers To Help You Build Your Real Estate Empire
When you scale up your real estate empire and acquire multiple properties, hiring a property manager is essential to oversee the day-to-day operations of your investment properties. In this Q & A, I share all my knowledge and tips about property management and property managers to help get you on your way to building your real estate empire. Also in this episode: How many properties one property manager should oversee Why you don't want to be operating as a property manager without a real estate license When you have the lease, you have the leverage The Money Mindset Subscribe To The Show | | Connect with J. Massey and the Cashflow Diary™ | | | | Read the latest Cashflow Diary article: About Cashflow Diary™ Jay Massey is a full-time Real Estate Investor, Entrepreneur, Popular Podcast Host, Author, Speaker, Coach & All-Around Problem Solver. Cashflow Diary is a short-term rental hospitality training company. We show people how to build their own short-term rental business (without needing to buy or own any property) so they can thrive financially. Heralded as the most advanced short-term rental training in the industry, enjoys creating content and communities that are solely focused on developing individuals into powerful business owners. Founded by J. Massey, Cashflow Diary exists to create short-term rental entrepreneurs. No matter your passion, he believes that running a hospitality business will change people’s lives… Cashflow Diary is here to share all of it with you.
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All The Pieces Matter | How The Interconnectivity Of The Global Market Can Affect How You Build Your Short Term Rental Empire | feat. Earl Powell
01/03/2023
All The Pieces Matter | How The Interconnectivity Of The Global Market Can Affect How You Build Your Short Term Rental Empire | feat. Earl Powell
On today’s episode, I am joined by Earl Powell and we are talking about the interconnectivity of everything that goes into building your short term rental empire. We also chat about how you can simultaneously make your defense and offense in the game of money. Also in this episode: The differences between paper gold and actual gold Why I always have gold and silver on hand How to protect your purchasing power Understanding the purpose gold’s actual purpose Subscribe To The Show | | Connect with J. Massey and the Cashflow Diary™ | | | | Read the latest Cashflow Diary article: About Cashflow Diary™ Jay Massey is a full-time Real Estate Investor, Entrepreneur, Popular Podcast Host, Author, Speaker, Coach & All-Around Problem Solver. Cashflow Diary is a short-term rental hospitality training company. We show people how to build their own short-term rental business (without needing to buy or own any property) so they can thrive financially. Heralded as the most advanced short-term rental training in the industry, enjoys creating content and communities that are solely focused on developing individuals into powerful business owners. Founded by J. Massey, Cashflow Diary exists to create short-term rental entrepreneurs. No matter your passion, he believes that running a hospitality business will change people’s lives… Cashflow Diary is here to share all of it with you.
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Insurance: Can't Live With It And Can't Run Your Own Short Term Rental Empire Without It
12/30/2022
Insurance: Can't Live With It And Can't Run Your Own Short Term Rental Empire Without It
Knowing and understanding the nuances of insurance is essential to building your short-term real estate empire. Not surprisingly, questions about insurance are some of the most frequently asked questions I get from students and coaching clients. In today's episode, my client and I discussed typical situations related to insurance and coverage. In this question-and-answer session, you will find some practical strategies and advice that can be applied to your short-term real estate empire. Also in this episode: You need to have AT LEAST a million dollars of liability or more The older the building, the more likely you are to use replacement coverage Coverage you need for a shared living space Why I look at insurance as a down payment in legal defense Subscribe To The Show | | Connect with J. Massey and the Cashflow Diary™ | | | | Read the latest Cashflow Diary article: About Cashflow Diary™ Jay Massey is a full-time Real Estate Investor, Entrepreneur, Popular Podcast Host, Author, Speaker, Coach & All-Around Problem Solver. Cashflow Diary is a short-term rental hospitality training company. We show people how to build their own short-term rental business (without needing to buy or own any property) so they can thrive financially. Heralded as the most advanced short-term rental training in the industry, enjoys creating content and communities that are solely focused on developing individuals into powerful business owners. Founded by J. Massey, Cashflow Diary exists to create short-term rental entrepreneurs. No matter your passion, he believes that running a hospitality business will change people’s lives… Cashflow Diary is here to share all of it with you.
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How To Secure Capital To Grow Your Short Term Real Estate Empire
12/27/2022
How To Secure Capital To Grow Your Short Term Real Estate Empire
Securing capital for your short-term real estate industry is one of the most frequently asked questions I receive when speaking with students and coaching clients. In today’s episode, I am taking some of these questions from coaching clients, providing my insight and tips, and teaching you how to prepare your pitch for when it's time to find capital. Also in this episode: The best email that doesn't put you in spam Three steps to create and build your database Entrepreneurs have the opportunity to create value Why you need commitment and conviction when raising capital Subscribe To The Show | | Connect with J. Massey and the Cashflow Diary™ | | | | Read the latest Cashflow Diary article: About Cashflow Diary™ Jay Massey is a full-time Real Estate Investor, Entrepreneur, Popular Podcast Host, Author, Speaker, Coach & All-Around Problem Solver. Cashflow Diary is a short-term rental hospitality training company. We show people how to build their own short-term rental business (without needing to buy or own any property) so they can thrive financially. Heralded as the most advanced short-term rental training in the industry, enjoys creating content and communities that are solely focused on developing individuals into powerful business owners. Founded by J. Massey, Cashflow Diary exists to create short-term rental entrepreneurs. No matter your passion, he believes that running a hospitality business will change people’s lives… Cashflow Diary is here to share all of it with you.
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