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EP177: Short Term Rental Strategies ft. Walter Wofford

By Tom OlsonApril 16, 2019

Short term rentals are a topic not many real estate investors are talking about, but could potentially be a gold mine if done properly. Walter Wofford has always been known for his creativity in structuring deals, so Walter has taken that talent and applied it to the short term rentals game and the results are shocking!

 

Resources

Read the Dream Manager Book. Check out the book Culture Code. Join the nation’s elite real estate investor mastermind! Learn how to revolutionize your community through real estate investing by attending the Community Go Giver Event! Grab your FREE copy of the Active Turnkey book, “Active Turnkey – The Best Way To Buy Rentals.” Increase your rental portfolio by investing in Northwest Indiana turnkey properties.

 

Sponsors

Looking to grow your passive income and expand your real estate investing portfolio within a very stable market? Check out Olson Group’s Chicagoland and Northwest Indiana Turnkey and Active Turnkey properties that are available for purchase. Looking for a first-class property management company that will ensure your properties stay rented and maintained all while providing you with peace of mind and professional customer service? Olson Property Services is Northwest Indiana’s premier property management company. Looking to remodel your kitchen or bathroom in Northwest Indiana? Olson Construction Management Services is Northwest Indiana’s premier Construction Management Company.

Related:  EP134: Financial Freedom Planning ft. Tom Olson

EP177: Short Term Rental Strategies ft. Walter Wofford

 

Mentioned Resources 

 

Radius Renovation

https://radiusrenovationgroup.com/

Sharper Business Solutions

https://sharperprocess.com/mentor-team

Community GO-Giver Event

https://www.eventbrite.com/e/community-go-giver-event-tickets-50004330298

Good Success Mastermind

https://goodsuccess.com/mastermind/

Investors vs Contractors 

https://www.amazon.com/Investors-Vs-Contractors-Tom-Olson/dp/1791384110/ref=sr_1_1?keywords=Investors+vs+Contractors&qid=1560281313&s=g

Jackson Short Stay

https://www.rentbyowner.com/listing?q=Jackson,%20Mississippi,%20USA&gclid=Cj0KCQjwov3nBRDFARIsANgsdoHrsTL8XUAHr0VBqlRxCZNlW3mnliOCoXc7r-4wSbwnbO05mblhbdcaAuq6EALw_wcB

 

Show Notes

[07:17] What do you enjoy about the Mastermind?

[15:11] Who is Walter Wofford?

[24:49] What exactly is a short term rental?

[33:42] What would be the first steps for people just starting on short term rental properties?

[38:41] You said the first step was to get to work what would be the next few?

[39:49] How do you create a vision?

[41:34] What are some things people are going to learn at this event?

[44:15] What is your exit strategy?
[47:51] How do you involve your IRA and short term rentals?

[50:24] What does good success mean to you?

[51:09] If you could leave the audience with one thing what would it be?

QUOTES

“Go to work, get at it.” – Walter Wofford

“People want unique, not pristine.” – Walter Wofford 

 

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