Join Mike Cavaggioni and Anthane Richie as they chat about short-term rentals! In this episode, Anthane shares a lot about short-term rentals and how he created what he calls a BRRRRNB. He is using the Buy, Rehab, Rent, Refinance, and Repeat (BRRRR) method on a short term rental. He explains how he began studying to prepare himself for that market, to choosing the right place to buy in at. Also, he shares about balancing the pros and cons of the deals that he handled before. He also shares what his psyche and process were in deciding which deals to pursue. Anthane also shares about why he chose to focus on short-term rentals and not in multi-family dwellings which he will speak of more in this episode. A lot to learn from Anthane with his years of experience and knowledge in the field so be sure to stay tuned!
In this episode, you’ll learn:
- Importance of boosting your financial literacy
- How the field is heavily glamorized
- Choosing the market and the location
- How to manage your properties the easier way
- And many more!
About Anthane Richie:
Anthane Richie is a U.S. Navy Chief Petty Officer who also invests in real estate, blogs and hosts the Rich State of Mind Podcast, which talks about wealth building, positivity, budgeting, pursuing your passion and dreams along with discussing the journey of your version of success.
Reach Anthane on…
Website: https://richstateofmind.com
Facebook: https://www.facebook.com/richstateofmindpodcast
Instagram: https://www.instagram.com/richstateofmindpage/
Twitter: https://twitter.com/richstateof
Youtube: https://www.youtube.com/channel/UCTt–wNEN0m868l3n6-AJuA
Average Joe Finances®
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