This bonus episode comes to you from our recent Achieve Freedom Now event, hosted by Achieve Freedom Coaching. For this conversation, Adam was joined by Cari Briner, President of Coaching at Achieve Freedom Coaching, and special guest, Jeramie Worley.
In this episode, you will learn about:
- Long term vs. short term rentals
- Do you need to live where you buy a vacation rental?
- Getting over analysis-paralysis
With what seemed like unfortunate timing, Jeramie began his real estate career right before the housing bubble burst in 2008. Realtors who had been in the business for decades were going bankrupt, and the outlook for a future in real estate looked bleak. But rather than give up and move on to another career path, Jeramie hunkered down to discover where deals were still happening. He learned about vacation rentals and found a partner to invest with him in his first vacation unit to learn the business. At the same time, as a realtor, he was helping clients close deals and make passive income in vacation rental properties.
It all goes to show that it doesn’t matter what your focus is. You can build anything around your interests! Jeramie was passionate about helping people find the best investment, with the best return. His business grew with the now booming vacation rental market. He discovered these kinds of investments tend to be more recession-resistant as people learn to vacation smarter, even during a crisis, like the COVID-19 pandemic.
Grab a copy of Jeramie’s book, do your research, and get started with vacation rental investing! Let us know what you think with a comment below. If you like what you hear, make sure to subscribe and share with a friend.
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