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

The Active Duty Passive Income Podcast

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:

• Website
• Email

Do you want to join a community of like-minded Military Real Estate Investors offering real estate education that actually works while celebrating camaraderie, and competition, and fostering a spirit of support?

Introducing ADPI Campus™ - the premiere platform and online space for Military Real Estate Investors worldwide! Podcast listeners can JOIN ADPI CAMPUS FOR FREE now and get in on the action!

Helpful Resources

Connect with the ADPI: Facebook | Instagram | YouTube

Please Subscribe, Rate, & Review on Apple Podcasts

Thanks for tuning in to this week's episode of the Active Duty Passive Income Podcast! If the information shared in these weekly interviews has inspired you to pursue your dreams of financial independence, please do me a personal favor and head over to Apple Podcasts, subscribe to our show, and leave us a 5-star review.

Support the Show.