Hospitable Hosts Scaling Up Without a Property Manager with Matthew Krueger by Hospitable Hosts
Jan 11, 2024
Short-term rental expert and cash flow coach, Matthew Krueger, shares insights on self-managing properties while working a few hours a week. Discusses challenges and strategies for portfolio expansion. Highlights the use of Hospitable Host tool for efficient property management. Talks about the future of vacation rentals and offers advice on short-term rentals.
AI Snips
Chapters
Transcript
Episode notes
Matt's House Hacking Start
- Matt Krueger began investing in real estate by house hacking with a $90,000 fixer-upper using only 3% down.
- Over five years, he built his rental portfolio from scratch while working regular retail jobs and learning creative financing.
Set Realistic Goals and Systems
- Set realistic personal financial freedom goals rather than chasing unrealistic wealth ideals.
- Build systems and teams early to avoid being overwhelmed when scaling beyond a few rental properties.
Family Teamwork and Quality Focus
- Work on rental investing as a family team to prevent burnout and strengthen relationships.
- Prioritize quality and profitability of fewer properties over owning many the hard way.