#174 - Exactly How Short-term Rental Financing Works - Robin Simon, Easy Street Capital

Previous Episode: #173 - Leveraging Land Investing to Leave His Full-Time Job - Seth Williams

Next Episode: #175 - Building an REI Business and Quitting His Engineering Job After Immigrating to the U.S. - Andrew Yu

In this episode of the Living Off Rentals Podcast, we are joined by Robin Simon, a finance expert specializing in rental property investments and a partner at Easy Street Capital.

Robin joins us to discuss real estate financing, focusing on short-term and medium-term rental investments. He shares valuable insights and expert advice, shedding light on the nuances of securing financing for these types of investments, and gives us an insider look into Easy Street’s process.

Whether you're a seasoned investor or just starting out, this episode offers valuable information to help you navigate the financing landscape, especially for your STR business. Tune in!

Key Takeaways

[00:00] Introduction

[00:59] Introducing Robin Simon, his background, and his work with Easy Street

[05:49] How Easy Street’s financing options differ from other lenders

[09:21] Applying for Easy Street financing, including its requirements and process

[13:02] Things to keep in mind that can hurt the process of the deal

[16:19] A discussion of terms in Easy Street’s financing options

[23:23] On Easy Street’s dedication to serving short-term rentals and first-time investors

[30:23] On whether Easy Street allows having a secondary or partner on the deal

[32:24] How Easy Street handles financing for rehabs

[35:53] Indicators or characteristics of success in investors

[38:35] Connect with Robin Simon and Easy Street

[41:25] Conclusion and podcast outro

Guest Links

Website – easystreetcap.com
Facebook – facebook.com/EasyStreetCapital
Twitter – twitter.com/EasyStreetCap
LinkedIn – linkedin.com/company/easy-street-capital
Instagram – instagram.com/easystreetcap
Robin’s Instagram – instagram.com/robinsimonesc
Robin’s LinkedIn – linkedin.com/in/robinsimonesc

Show Links

Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals

Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals

Living Off Rentals Website – livingoffrentals.com

Living Off Rentals Instagram – instagram.com/livingoffrentals

Living Off Rentals TikTok – tiktok.com/@livingoffrentals

Twitter Mentions

@easystreetcap