Now you have to earn your money twice. The first time is when you work for it, the second time is when you must invest it to beat inflation. My explainer on why higher interest rates slow inflation.

"Inflation is legalized counterfeiting. Counterfeiting is criminalized inflation." -Robert Breedlove

When wages don't keep pace with inflation, I explain why it destroys families.

We compare short-term (STR) and long-term rental (LTR) property in southwest Florida. Get started with buying properties yourself at: https://gremarketplace.com/SouthwestFlorida

Of course, Florida is an in-migration hotbed. Home price appreciation and rents are both 10%-20%+ year-over-year.

Today's LTR tenants seek: infill lots, more square footage, an extra bedroom / den, and grocery store proximity.

STR tenants want a pool. You really make your money November through April.

LTRs have more recession resistance than STRs. LTRs have more predictable, year-round income.

STRs often have $4,000-$5,000 a week of rent income. They have a 20% management fee. You can charge the tenants a cleaning fee. You owe utility costs and ~$100 monthly yard maintenance.

Single-family rental properties are 1,500-1,900 sf on a ¼ acre lot, LVP flooring, granite countertops, stainless steel appliances, 9'4" ceilings, and concrete block exterior walls.

Pricing is in the low $300Ks to low $400Ks. Long-term rents are $2,000-$2,400 / month.

To get started with buying single-family homes and duplexes (long-term and short-term rentals) in southwest Florida, start at: https://GREmarketplace.com/SouthwestFlorida

Resources mentioned:

Get started with SW Florida long-term and short-term rentals:

https://GREmarketplace.com/SouthwestFlorida

Show Notes:

www.GetRichEducation.com/390

Get mortgage loans for investment property:

RidgeLendingGroup.com or call 877-74-RIDGE

JWB's available Florida income property:

CashFlowAndGrowth.com

To learn more about eQRPs: text "RICH" to 307-213-3475 or:

eQRP.co

By texting "RICH" to 307-213-3475 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply "STOP" to cancel.

New Const. Florida SFHs & multifamilies:

www.B2Rdirect.com

Best Financial Education:

GetRichEducation.com

Get our free, wealth-building "Don't Quit Your Daydream Letter":

www.GetRichEducation.com/Letter

Top Properties & Providers:

GREmarketplace.com

@getricheducation

Keith's personal Instagram:

@keithweinhold

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