The Short Term Show The STR Savings Account with Josh Goldstein
In this episode, Avery speaks with Josh about his interesting entry into the world of real estate and the success that he has reached today across multiple fields. Working as a commercial producer, Josh got cancer which opened his eyes to the risks of only having a single stream of income. Josh discovered real estate while he was still sick as a way of diversifying his income and maximizing his gain. Josh now works through many different markets and has both short-term and long-term rentals throughout the country.
Josh and Avery speak in-depth about the differences and similarities between a variety of rental markets ranging from Kansas City to the Smokey Mountains. They speak about the specific intricacies of each market from purchase to managing long-term. Josh extrapolates on his experience renovating rentals and techniques one can use to prevent maintainence calls and minimize loss, as well as what he typically looks for when picking a property. Lastly, Josh speaks about his unique experience managing properties as his side hustle, and how a rental property can essentially be a long-term savings account for those with other jobs.
Key Topics
- How Josh entered the real estate
- Dangers of having a single stream of income
- Value of diversifying one’s portfolio
- Tips for using property compliance officers
- Similarities between rentals across markets
- Benefits of fixer-uppers
- How a STR is like a savings account
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