Using the BRRRR Method to Scale to 35 Short-Term Rental Units with Shane & Rachel Sigsbee
Road to Family Freedom
English - March 29, 2021 14:00 - 1 hour - 44.1 MB - ★★★★★ - 27 ratingsInvesting Business business investing realestate financialfreedom realestateinvesting firemovement flipping invest property rental Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Shane Sigsbee – Short Term Rental Investor and CEO or Sigsbee Homes talks to Neil Henderson and Brittany Henderson, the hosts of The Road to Family Freedom podcast. Shane graduated from Notre Dame in 2007 with a degree in finance. He became a derivatives trader right out of school but lost his job in the financial crisis in 2009. He then left to pursue a career in gambling, starting the venture Imawhale Staking in 2010, which he still runs to this day. In 2017 he began investing in real estate in southern Alabama, focusing on the BRRRR method using short-term rentals. He’s currently sitting on 35 doors with a goal of reaching 100 doors.
In this episode, we talk to Shane and Rachael about beginning their journey to real estate investing in 2017, how they scaled their portfolio from 1 to 35 doors, why they have converted most of their properties to short-term rentals, and tips and tricks on rehabbing and furnishing a short-term rental.
What You'll Learn in This Episode
How Shane Sigsbee went from unemployed finance guy to professional gambler during the Great RecessionHow he started a business being the financial backer for professional poker playersHow he bought his first long-term rental property in Southern AlabamaUsing the BRRRR strategy to scale from 1 to 35 doorsHow to negotiate good terms on a seller finance dealHow they are finding short term rental dealsHow they discovered the extraordinary cash flow of short-term rentals over long-term rentalsA short-term rental doesn't necessarily have to be in a vacation marketHow to manage a short-term rental long distanceTips on automating 80% of your Airbnb guest communicationTips on furnishing a short-term rentalTips on making your Airbnb guest experience stand out from the competitionHow much does it cost to furnish a short-term rental?What amenities and property characteristics give you the best ROI (Return on Investment) with short-term rentals?Books and Resources Mentioned
The Road to Family Freedom: roadtofamilyfreedom.comWebsite: I’m A Whale Staking GroupInstagram: @shanesigsbeeTwitter: @ssigsbeeFacebook: Shane SigsbeeFollow Us:
facebook.com/roadtofamilyfreedom/instagram.com/roadtofamilyfreedom/Shane Sigsbee – Short Term Rental Investor and CEO or Sigsbee Homes talks to Neil Henderson and Brittany Henderson, the hosts of The Road to Family Freedom podcast. Shane graduated from Notre Dame in 2007 with a degree in finance. He became a derivatives trader right out of school but lost his job in the financial crisis in 2009. He then left to pursue a career in gambling, starting the venture Imawhale Staking in 2010, which he still runs to this day. In 2017 he began investing in real estate in southern Alabama, focusing on the BRRRR method using short-term rentals. He’s currently sitting on 35 doors with a goal of reaching 100 doors.
In this episode, we talk to Shane and Rachael about beginning their journey to real estate investing in 2017, how they scaled their portfolio from 1 to 35 doors, why they have converted most of their properties to short-term rentals, and tips and tricks on rehabbing and furnishing a short-term rental.
What You'll Learn in This Episode
How Shane Sigsbee went from unemployed finance guy to professional gambler during the Great RecessionHow he started a business being the financial backer for professional poker playersHow he bought his first long-term rental property in Southern AlabamaUsing the BRRRR strategy to scale from 1 to 35 doorsHow to negotiate good terms on a seller finance dealHow they are finding short term rental dealsHow they discovered the extraordinary cash flow of short-term rentals over long-term rentalsA short-term rental doesn't necessarily have to be in a vacation marketHow to manage a short-term rental long distanceTips on automating 80% of your Airbnb guest communicationTips on furnishing a short-term rentalTips on making your Airbnb guest experience stand out from the competitionHow much does it cost to furnish a short-term rental?What amenities and property characteristics give you the best ROI (Return on Investment) with short-term rentals?Books and Resources Mentioned
The Road to Family Freedom: roadtofamilyfreedom.comWebsite: I’m A Whale Staking GroupInstagram: @shanesigsbeeTwitter: @ssigsbeeFacebook: Shane SigsbeeFollow Us:
facebook.com/roadtofamilyfreedom/instagram.com/roadtofamilyfreedom/twitter.com/r2familyfreedomOther Stuff:
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