Cash Flow Positive Part 2: Finding High ROI STR Deals with No Money with Rachel Gniady
In this episode of the Cash Flow Positive podcast, Kenny is joined by Rachel Gniady, STR consultant with STR Insights.
During the conversation, they discuss strategic decisions in a competitive market, particularly in real estate. You'll learn how to leverage knowledge and timing when approaching a potential deal, emphasizing the importance of understanding the broader market context and maintaining a position of strength.
Discover the emotional and psychological aspects of negotiation, as Kenny and Rachel touch on the influence of external factors such as agents' motivations and market pressure. The discussion also explores the critical role of making informed decisions from the outset and how proper preparation can lead to long-term success.
This episode brings insight into how minor adjustments in approach can unlock larger opportunities and avoid costly missteps, all while maintaining a disciplined focus on the bigger picture.
If you've enjoyed this episode of the Cash Flow Positive podcast, be sure to leave a review and subscribe today!
Enjoy!
In This Episode You'll Learn:
- The importance of data and analytics in achieving cash flow positivity.
- Why Rachel prefers short-term rentals over mid-term rentals due to their flexibility and market conditions.
- The BRRR strategy: buying a property, rehabbing it, renting it out, and refinancing it.
- The role of relationships in securing better loan terms and the importance of having a track record with lenders.
- And much more...
Resources: