Comparing the Cash Flow of Short-Term and Long-Term Rentals

This chapter compares the monthly income and cash flow from short-term and long-term rentals, highlighting the potential earnings and expenses for each type of rental. It also discusses the numbers on another property, including the rental income, expenses, and estimated cash flow.

Transcript

chevron_right

Play full episode

chevron_right

Transcript

Episode notes

Most people know that investing in real estate is one of the best ways to reach financial independence, but very few ever take action. Once today’s guest discovered the potential of real estate, however, it became his obsession. Despite starting out on a low military salary, he built a million-dollar net worth in just THREE YEARS!

In this episode, we’re catching up with entrepreneur, investor, and repeat guest Jabbar Adesada. Since we last spoke with Jabbar, he has only doubled down on his real estate dream and journey to financial freedom—dabbling in several different investing strategies and teaming up with a partner to get more deals done. Today, Jabbar owns a slew of short-term rentals and long-term rentals, has completed several BRRRR projects (Buy, Rehab, Rent, Refinance, Repeat), and has more than a dozen construction projects in the works.

If you want to reach your FIRE goal as soon as possible, tune in to hear how Jabbar used real estate to expedite his journey. He shares how he was able to save up for a down payment with a low income, get his first home loan with almost no credit history, and rapidly increase his income!

In This Episode We Cover

Reaching financial independence by investing in real estate

How Jabbar built a million-dollar net worth in only THREE years

Combining multiple real estate investing strategies within your portfolio

How to choose the perfect real estate market to invest in

Finding a partner and building out your real estate network

And So Much More!

Links from the Show

BiggerPockets Money Facebook Group

Network with Other Investors on The Path to FIRE Through the BiggerPockets Forums

Finance Review Guest Onboarding

Join BiggerPockets for FREE