Fri, 28 December 2018
Gary Pinkerton was recently on the Veteran on the Move podcast with Joe Crane to discuss the wealth strategy plans Gary has in his life, as well as how he's used the infinite banking plan to fund his purchases. He also discusses the transition to the regular world from military service and why he's an entrepreneur. Website: |
Mon, 24 December 2018
Julia Spencer used to invest in long-term rental homes, but decided to switch over to short-term rentals a few years ago. She shares with Jason what she has learned over the years while self-managing the properties she owns, and gives some tips on how to avoid pitfalls that she experienced. The fears of an all consuming time commitment, never being able to go on a vacation, and having your home destroyed by guests are explored, and we find out the true income potential of short-term rentals. Key Takeaways: [9:43] Julia has about 30 listings for her 7 homes [13:56] Julia's portfolio prior to starting short-term rentals [16:40] The importance of the review system in the short-term rental market [19:45] Julia started her short-term rental career by moving out of her own house and renting it out, and got rid of some of her long-term rental homes [23:37] Short-term rentals and problems with neighbors [28:10] Red flags (and green flags) for properties you're considering for short-term rentals [32:38] What team members do you need in order to self-manage? [38:11] Whether Julia has ever looked into using (or used) a property manager [41:28] How Julia streamlines her operations [45:08] A real life example of what kind of profits Julia makes on her properties Website: |
Mon, 10 December 2018
Gary Pinkerton talks with America's Money Answers Man, Jordan Goodman, about resources that are available to veterans that many don't know about, as well as figuring out how often you should check your credit score and different places that can help you ensure you haven't overpaid on your mortgage, PMI, or escrow account. Key Takeaways: [10:45] Resources many veterans and active duty members have but aren't taught about [15:03] Real life numbers of using the Heroes Come First program [19:16] You need to watch your credit score because there are tons of errors in that industry [23:24] How often should you be monitoring your credit score? Website: |
