21 min
Ep. 74 - Why We Are Bullish on STRs The Art of Winning
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- Entrepreneurship
In this The Art of Winning episode, our host Ashton Levarek shares his journey to financial freedom through real estate investing, explaining the three types of income: active, residual, and passive. He started with duplexes and scaled to apartment complexes before landing a 224-unit property in Houston. Short-term rentals like Airbnb helped create enough passive and residual income to replace their W2 income. The benefits of short-term rentals are discussed, including the supply and demand gap, analyzing profits and returns, tax benefits, and diversification across different markets. Investing in short-term rentals can create wealth and provide opportunities for travel and a better quality of life. To learn more about Ashton, listeners can visit his website at Valkere Investment Group!
[00:00 - 08:22] Short-Term Rentals Are the Future of Real Estate Investing
· Ashton discusses financial freedom and getting out of the rat race.
· Short-term rentals provide better cash flow than long-term rentals
· Investing in short-term rentals has led to significant cash flow for Ashton
· Market data supports investing in short-term rentals due to high demand and low supply
[08:22 – 18:39] Building Wealth and Living Your Ideal Life
· Short-term rentals offer wealth-building strategies for real estate investors
· Cash flow from rentals can replace or offset W2 income
· Properties appreciate through market appreciation and forced appreciation
· Fear can cause people to make rash decisions
· Owning short-term rentals can decrease taxes to zero through material participation and real estate professional status
· Guests paying down debt increases equity position and net worth
· Diversification across markets can provide consistent cash flow
· Market opportunity exists due to real estate, crypto, and stock market fear.
[18:39 – 21:03] Closing Segment
● Connect with Ashton at Valkere Investment Group!
Connect with Ashton!
Website: Valkere Investment Group
LinkedIn: Valkere Investment Group
Want to learn more about creating multiple streams of income, wealth protection, financial freedom, or real estate investing? Join our investor club, check out our blog, get our free ebook on investing, or join us for our monthly Real Estate Investing Made Simple virtual meetup. Take the first to your wins in life and head on to http://www.valkeregroup.com.
Leave a REVIEW and SHARE this episode with someone who wants to unlock the secrets to success. Listen to other episodes on Apple, Spotify, Libsyn, or wherever you get your podcasts!
Key Quotes
"Being into STRs will allow you to be able to design your life and to answer to no one." –Ashton Levarek.
"Replacing your W2 income with passive and residual income will result in more free time, in being able to spend more time with your family and do what truly inspires you, what you are passionate about." –Ashton Levarek.
In this The Art of Winning episode, our host Ashton Levarek shares his journey to financial freedom through real estate investing, explaining the three types of income: active, residual, and passive. He started with duplexes and scaled to apartment complexes before landing a 224-unit property in Houston. Short-term rentals like Airbnb helped create enough passive and residual income to replace their W2 income. The benefits of short-term rentals are discussed, including the supply and demand gap, analyzing profits and returns, tax benefits, and diversification across different markets. Investing in short-term rentals can create wealth and provide opportunities for travel and a better quality of life. To learn more about Ashton, listeners can visit his website at Valkere Investment Group!
[00:00 - 08:22] Short-Term Rentals Are the Future of Real Estate Investing
· Ashton discusses financial freedom and getting out of the rat race.
· Short-term rentals provide better cash flow than long-term rentals
· Investing in short-term rentals has led to significant cash flow for Ashton
· Market data supports investing in short-term rentals due to high demand and low supply
[08:22 – 18:39] Building Wealth and Living Your Ideal Life
· Short-term rentals offer wealth-building strategies for real estate investors
· Cash flow from rentals can replace or offset W2 income
· Properties appreciate through market appreciation and forced appreciation
· Fear can cause people to make rash decisions
· Owning short-term rentals can decrease taxes to zero through material participation and real estate professional status
· Guests paying down debt increases equity position and net worth
· Diversification across markets can provide consistent cash flow
· Market opportunity exists due to real estate, crypto, and stock market fear.
[18:39 – 21:03] Closing Segment
● Connect with Ashton at Valkere Investment Group!
Connect with Ashton!
Website: Valkere Investment Group
LinkedIn: Valkere Investment Group
Want to learn more about creating multiple streams of income, wealth protection, financial freedom, or real estate investing? Join our investor club, check out our blog, get our free ebook on investing, or join us for our monthly Real Estate Investing Made Simple virtual meetup. Take the first to your wins in life and head on to http://www.valkeregroup.com.
Leave a REVIEW and SHARE this episode with someone who wants to unlock the secrets to success. Listen to other episodes on Apple, Spotify, Libsyn, or wherever you get your podcasts!
Key Quotes
"Being into STRs will allow you to be able to design your life and to answer to no one." –Ashton Levarek.
"Replacing your W2 income with passive and residual income will result in more free time, in being able to spend more time with your family and do what truly inspires you, what you are passionate about." –Ashton Levarek.
21 min