Jason Hartman talks with Nate Secor about his transition from the long-term rental market into the short-term rental universe. Nate opens up and shares profit margins, business planning, home picking, furniture finding and more as these two discuss every aspect of starting up your short-term empire.

Key Takeaways:

[1:36] Nate's evolution from long term rentals to short-term

[6:04] One of the mistakes Nate's made along his short-term rental journey, and why you should target cities that charge a tourism tax

[10:32] Nate's an Airbnb only guy, but what would his second platform be if he were using one?

[11:50] What to look for in a property for a short-term rental

[13:44] How Nate is pricing his properties

[17:43] Does Nate actually visit the properties he has? And how do he and his partner split responsibilities?

[22:40] Where to find furniture and housewares

Gary Pinkerton talks with Whiz Buckley, former decorated Navy Fighter Pilot, graduate of Top Gun, and founder of Top Gun Options LLC, about Whiz's service, how he used his military training to start his own company, and how veterans are in a much better situation than you might realize.

Key Takeaways:

[4:28] Whiz's first day at American Airlines was supposed to be September 11, 2001

[10:24] Lessons learned in the military really transferred over to business consulting

[15:55] Military veterans have a big leg up on other employees because they're teachable and have ingrained leadership qualities

[20:12] Whiz's son is attempting to become a Marine

Website:

www.TopGunOptions.com

www.GaryPinkerton.com

www.JasonHartman.com/Events

“For far too long, too many people have regarded home ownership as ‘a good thing.’ It is certainly true that home ownership has its benefits. But, like everything else, it also has its costs and its risks.” This statement by Heroic Investing guest, American economist Thomas Sowell, has been regretfully muttered by many homeowners in various forms over the past two years.

Sowell is currently a senior fellow with The Hoover Institution at Stanford University. In 1990, he won the Francis Boyer Award, presented by the American Enterprise Institute. In 2002 he was awarded the National Humanities Medal for prolific scholarship melding history, economics, and political science. Known for his economically laissez-faire perspective style while writing, Sowell’s latest book, The Housing Boom and Bust, shows how Democrats and Republicans ruined both the housing and financial markets.

Tune in as Jason Hartman and Thomas Sowell discuss how “the current economic crisis grew out of policies based on good intentions and mushy thinking.”

Website:

www.TSowell.com