#203 - Over $8k Net Cash Flow on His First Two Low-Cost Deals - Michael Waller

Living Off Rentals

English - January 03, 2024 12:00 - 48 minutes - 44.1 MB
Investing Business Entrepreneurship cashflow investing landlord propertymanagement rentalproperties passiveincome realestateinvesting Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: #202 - The ATM of the Real Estate Industry: Incredible Wisdom from a Seasoned Investor - Shannon Robnett

Next Episode: #204 - Property Management and Finance in One Platform - Saad Dar and Thorben Scheidegger

For today's episode of Living Off Rentals, we have Michael Waller as our guest. He decided to take the plunge into his investing journey in 2021 and now has four listings in Milwaukee.

Michael Waller started with Airbnb. He was one of the first people to enroll in the First Vacation Rental Investment Blueprint program and started working on his first short-term rental. Now, he has a total of 173 reviews, and all are five-star reviews.

Listen and learn how to grow your portfolio just like Michael did. Enjoy the show!

Key Takeaways

[00:00] Introducing Michael Waller and his background

[06:25] His goals since 2021

[16:46] Determining a good deal

[27:24] The super listings

[30:50] Michael's criteria for his next property

[37:49] Biggest lessons learned

[43:05] Short-term rentals in achieving financial freedom

[45:18] Connect with Michael

[46:22] Outro

Guest Links

Website – airbnb.co.in/users/show/90679091

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