The Big Break Show Podcast

Latest Episodes:

Dan Rivers and Mike Savage on The Value of Market Data and Analytics in Pricing Decisions Oct 09, 2024

Show notes

Dan Rivers and Mike Savage discuss their backgrounds in real estate and their journey to becoming successful investors. They share their experiences in property management, short-term rentals, and the challenges they faced along the way. They also highlight the importance of mindset and the power of networking and building relationships in the industry. The conversation emphasizes the creative ways they financed their investments, including taking out loans against their assets. Overall, the conversation provides valuable insights and inspiration for aspiring real estate investors. In this part of the conversation, Dan and Mike discuss the importance of mindset and belief in oneself when it comes to achieving success. They emphasize the need to surround oneself with like-minded individuals and to focus on the positive side of things rather than dwelling on the negative. They also talk about their partnership and how they complement each other's skills in their short-term rental management business.
They touch on the themes of revenue management, marketing, and communication, highlighting the importance of continuous learning and adaptation in these areas. In this conversation, Dan and Mike discuss the importance of optimizing revenue in short-term rentals. They emphasize the significance of looking beyond average daily rate (ADR) and considering factors such as length of stay and occupancy. They also highlight the value of market data and analytics in making informed pricing decisions. The conversation touches on the balance between pricing for longer bookings versus higher rates on weekends, as well as the importance of focusing on both average daily rate and occupancy. The hosts also share their personal experiences and offer advice on mindset, seeking advice from those who have achieved what you want to do, and prioritizing what truly matters in life.

New episode every Wednesday!
Connect with Dan Rivers and Mike Savage!

Instagram:

https://www.synergystayslocal.com/

#TheBigBreakShow #DanRivers #MikeSavage

For Audio Podcast, Subscribe and Listen to The Big Break Show HERE:

Connect with Rafa Loza on Social Media:

If you’re interested in Rafa’s Course, check the link to his STR Academy Application:

Stride Academy

Connect with Dan Tollens!

#80 Buying a Property With 3% Down: Matt Krueger's Creative Financing and House Hacking Success Jan 10, 2024

Show notes

In this episode, we sit down with Matt Krueger. He is a full-time real estate investor based in Des Moines, Iowa. He started his real estate journey with a low income and has since built a substantial portfolio of properties. Matt and his wife have been able to achieve financial freedom through creative financing strategies and by house-hacking multiple properties.
Matt shares his journey from being a cell phone sales rep to building a substantial real estate portfolio. He started by buying a property with only 3% down and living in it for a year before renting it out. He repeated this process five times, house-hacking each property. Eventually, he scaled his portfolio by getting creative with financing and using a home equity line of credit. Matt currently has 10 long-term rentals and 2 short-term rentals and is focused on optimizing his existing properties. Matt emphasizes the importance of taking action and being willing to make sacrifices to achieve financial freedom. "Don't wait. Find a way to make it happen."
Timestamp:

00:03:23: Guest intro, HOA regulations in Texas, and risks of STRs.

00:05:13: HOA regulations, Matt and Rafa's connection, challenges, and starting in real estate.

00:07:52: Matt's journey, property acquisitions, financing, renovations, and managing expenses.

00:18:00: Cash flow, property locations, homeschooling, and management software preferences.

00:23:15: Short-term vs long-term rentals, property quality, and handling tenant calls.

00:24:13: Hospitable software, homeschooling benefits, speaker's experience, and college views.

00:29:45: Speaker's background, family, balancing real estate, sacrifices, and long-term goals.

00:35:32: Cash-out refi, unique projects, and financial freedom through real estate.
New episode every Wednesday!
#TheBigBreakShow #RealEstate #MattKrueger

Connect with Matt Krueger!
Instagram: @rental.cashflow
Tiktok: @rental.cashflow

For Audio Podcast, Subscribe and Listen to The Big Break Show HERE:

Connect with Rafa Loza on Social Media:

If you’re interested in Rafa’s Course, check the link to his STR Academy Application:

Stride Academy

Connect with Jesse Vasquez:

The Ultimate Guide to Finding & Buying STR’s, let’s run your analytics:

https://calendly.com/airventurehosting

MASTERMINDS/ GROUPS:

Facebook: Airbnb - The Big Break Show

Clubhouse: Airbnb The Big Break

#79 From Homelessness to Real Estate Success Through Short-Term Rentals w/ Blake Anthony Carter Jan 03, 2024

Show notes

In this episode, we sit down with Blake Anthony Carter. He is a real estate agent and entrepreneur based in Austin, Texas. He has a background in property management and has built a successful business in the short-term rental industry. Blake is known for his expertise in co-living and short-term rentals, and he also runs a real estate brokerage and design team. He has experienced both the highs and lows of the real estate industry, from growing up in a family involved in real estate to facing homelessness during the 2008 crash. These experiences have shaped his perspective and fueled his drive to succeed.

Blake shares his journey in the real estate industry, from his childhood experiences to his current success as a real estate agent and entrepreneur. Growing up in a family involved in real estate, Blake witnessed the impact of the 2008 crash, which led to his family experiencing homelessness. These experiences shaped his perspective and motivated him to start his own business in the short-term rental industry. Blake discusses the success he has achieved in managing over 70 short-term rental properties and owning a 14-unit property in Canyon Lake, Texas. He emphasizes the importance of humility and finding happiness beyond material possessions.

Key Takeaways:

· Childhood experiences in real estate can shape one's perspective and drive to succeed.

· Building a successful business in the short-term rental industry requires hard work and dedication.

· Humility and finding happiness beyond material possessions are essential for long-term success.

New episode every Wednesday!

#TheBigBreakShow #RealEstate #BlakeAnthonyCarter

Connect with Blake Anthony Carter!

For Audio Podcast, Subscribe and Listen to The Big Break Show HERE:

Connect with Rafa Loza on Social Media:

If you’re interested in Rafa’s Course, check the link to his STR Academy Application:

Stride Academy

Connect with Jesse Vasquez:

The Ultimate Guide to Finding & Buying STR’s, let’s run your analytics:

https://calendly.com/airventurehosting

MASTERMINDS/ GROUPS:

#78 The Growing Trend of ADUs: "That ADU Guy" Shares Building and Investing Strategies Dec 27, 2023

Show notes

In this episode, we sit down with Derek Sherrell, also known as "That ADU Guy." He is an expert in the field of accessory dwelling units (ADUs) and infill housing. He has been involved in the real estate industry for over 27 years and is passionate about helping people navigate the complexities of ADU development. He believes that ADUs can play a crucial role in addressing the housing crisis and creating more affordable housing options.
He shares some valuable insights into the world of accessory dwelling units (ADUs) and how they can be a profitable investment strategy. He emphasizes the importance of understanding local zoning codes and regulations before embarking on ADU development. He also discusses various financing options for ADU projects, including home equity loans, private money, and partnering with others. He highlights the need for patience and a long-term mindset when investing in ADUs, as the returns may take time to materialize. Overall, the episode is about practical advice and actionable steps for investors looking to capitalize on the growing trend of ADUs.

Key Takeaways:

Understand local zoning codes and regulations before starting ADU development.
Consider various financing options, such as home equity loans, private money, and partnerships.
Have a long-term mindset and be patient, as ADU investments may take time to generate returns.
Nurture relationships with planning and zoning officials to navigate the complexities of ADU development.
Attend local meetups and network with experienced ADU investors to learn from their experiences.

New episode every Wednesday!

#TheBigBreakShow #RealEstate #ThatADUGuy #DerekSherrell

Connect with That ADU Guy!

For Audio Podcast, Subscribe and Listen to The Big Break Show HERE:

Connect with Rafa Loza on Social Media:

If you’re interested in Rafa’s Course, check the link to his STR Academy Application:

Stride Academy

Connect with Jesse Vasquez:

The Ultimate Guide to Finding & Buying STR’s, let’s run your analytics:

https://calendly.com/airventurehosting

MASTERMINDS/ GROUPS:

Facebook: Airbnb - The Big Break Show

Clubhouse: Airbnb The Big Break

#77 From Bronx to Entrepreneurship: Sean Martin's Passion for Youth Empowerment Dec 20, 2023

Show notes

In this episode, we sit down with Sean Martin. He is a successful entrepreneur and business owner. He grew up in the Bronx during the late 80s and early 90s and faced many challenges and hardships. Now, he is dedicated to giving back and making a positive impact on the lives of young people. Sean is the founder of R.e.a.l. Success Mentors, a program that aims to empower underserved youth, transform 10 million inner-city students into real-life success stories, and provide them with the tools and resources they need to succeed.
Sean Martin shares his journey from growing up in the Bronx to becoming a successful entrepreneur. He emphasizes the importance of learning from trial and error and the impact that mentors and positive influences can have on young people. Sean is passionate about giving back and helping youth realize their potential. He also discusses the power of belief in oneself and the ability to overcome obstacles. Sean's story is a testament to the fact that success is possible, regardless of one's background or circumstances.
Key Takeaways:

Growing up in challenging environments can shape the trajectory of one's life.
The ages of 12 to 22 are crucial for personal development and shaping one's future.
Learning from mistakes and experiencing hardships can lead to personal growth and resilience.
Giving back and making a positive impact on others is a fulfilling and selfless act.
Belief in oneself and the ability to overcome obstacles are essential for success.
Success is not limited by one's background or circumstances.

New episode every Wednesday!

#TheBigBreakShow #RealEstate #Podcast #SeanMartin

Connect with Sean!
Instagram: @theseanmartin, @r.e.a.l.mentors
Facebook: @Sean Martin
Tiktok: @seanmartinspeaker
For Audio Podcast, Subscribe and Listen to The Big Break Show HERE:

Connect with Rafa Loza on Social Media:

If you’re interested in Rafa’s Course, check the link to his STR Academy Application:

Stride Academy

Connect with Jesse Vasquez:

The Ultimate Guide to Finding & Buying STR’s, let’s run your analytics:

https://calendly.com/airventurehosting

MASTERMINDS/ GROUPS:

#73 Simplifying the Mortgage Lending Process for Real Estate Investors w/ Jeff Welgan Nov 22, 2023

Show notes

Jeff Welgan is an investor strategist at Blueprint Home Loans with 19 years of experience in the mortgage industry. He specializes in helping clients build and scale their real estate businesses, providing guidance and expertise in financing options for real estate investors.
In this episode, Jeff shares his expertise in the mortgage industry and provides insights into the current market conditions. He discusses the challenges and complexities of mortgage lending for real estate investors and emphasizes the importance of simplifying the process. Jeff also explains the shift in the market and the impact of government policies on real estate investors. He highlights the opportunities for first-time homebuyers and the strategies for scaling a real estate portfolio. Jeff also discusses various financing options available for real estate investors, including portfolio lending, non-recourse options, cross-collateralization, and hard money loans. He emphasizes the importance of maximizing cash flow and cash-on-cash returns in real estate investments. Jeff also explains the benefits and considerations of adjustable-rate mortgages (ARMs) and the use of bank statement loans for business owners. He concludes by encouraging listeners to stay committed to their real estate goals and surround themselves with the right people.
New episode every Wednesday!

#TheBigBreakShow #RealEstate #Podcast #JeffWelgan #BlueprintHomeLoans

Connect with Jeff Welgan!
Call (888) 343-1043
bpinvestorteam.com
Instagram: @jeff.themortgageexpert
For Audio Podcast, Subscribe and Listen to The Big Break Show HERE:

Connect with Rafa Loza on Social Media:

If you’re interested in Rafa’s Course, check the link to his STR Academy Application:

Stride Academy

Connect with Jesse Vasquez:

The Ultimate Guide to Finding & Buying STR’s, let’s run your analytics:

https://calendly.com/airventurehosting

MASTERMINDS/ GROUPS:

#64 RN Turned to Investing in STRs and Co-Hosting Properties w/ Stephanie Figueros May 03, 2023

Show notes

In this episode, we sit down with Stephanie Figueros. She is a registered nurse turned real estate investor and educator. She was able to quit nursing in nine months because of short-term rentals and has experience in arbitrage, owning, joint-venturing, and co-hosting. She specializes in long-distance real estate investing and is currently in CA, TX, TN, and FL. She's the co-founder of STR Nation and founder of Vivid Iconic Properties. In this episode, she shares her journey of self-managing her rentals in California while investing in Texas, Tennessee, and Florida. She also talks about building an in-house team and diving into flipping and co-hosting, including her experience with co-hosting partnerships and the importance of scalability through virtual assistants.

Stephanie's personality fits the real estate industry well because she treats her clients as her patients, meeting them wherever they are and figuring out how to solve their problems using her toolbox. She also oversees everything, including systems for guest communications, training using Loom, and performance sheets for co-hosting properties.

Tune in because we all shared their perspectives on co-hosting, with Jesse highlighting the importance of building relationships with real estate agents and having reserves for bad months, and Rafa emphasizing that we all need to know what we are doing in co-hosting nowadays. Stephanie talks about her parameters for accepting co-hosting properties, which include going for modern and bigger houses and focusing on markets where she would buy the property herself.

The conversation also delves into defining success, leaving a job, and the importance of having a growth mindset. Jesse shares his three traits for success, and Rafa talks about his definition of success. So if you're interested in learning more about STR investing, and cohosting in this day and age, tune in to this one! Take notes and take action!

New episode every Wednesday!

#TheBigBreakShow #RealEstate #Podcast #StephanieFigueros
Connect with Stephanie!

For Audio Podcast, Subscribe and Listen to The Big Break Show HERE:

Connect with Rafa Loza on Social Media:

If you’re interested in Rafa’s Course, check the link to his STR Academy Application:

Stride Academy

Connect with Jesse Vasquez:

The Ultimate Guide to Finding & Buying STR’s, let’s run your analytics:

https://calendly.com/airventurehosting

MASTERMINDS/ GROUPS:

#59 Short-Term Rental Investing Made Easier Through Cashflow-Based Financing w/ Derrick Barker Feb 22, 2023

Show notes

If you are looking to get funding to expand your short-term, mid-term, or long-term rental business, capital will always be one of the things that is difficult to deal with, and Derrick Barker and his team at Nectar help experienced real estate entrepreneurs get fast, flexible, non-debt financing that they need to scale their rental portfolio without giving up any equity. No loans. No investors.
Derrick is the co-founder and CEO of Nectar, a marketplace for real estate cashflow that allows cashflow-based financing for professional STR operators. During his college days at Harvard, he initially started venturing into out-of-state real estate flipping, using other people's money to invest in Atlanta, which began scaling their real estate portfolio. He also worked as a trader at Goldman Sachs, which led him to realize every entrepreneur’s need for quicker financing options for real estate deals.
Through our conversation with Derrick, we'll dive into the ins and outs of Nectar! How Nectar originally started, what Nectar actually is, who is it for, about collaterals in general, their difference to a working capital loan, how they can fund arbitrages, and how they can help finance your next rental. Make sure you stick around because we’ve also briefly discussed the importance of cash reserves, third world problems, living in the 1800s, and how optimism can be essential in your entrepreneurial journey. This is really a jam-packed episode, so make sure you grab your notes and, as always, take action!

New episode every Wednesday!

#TheBigBreakShow #RealEstate #Podcast #DerrickBarker #Nectar

Connect with Derrick Barker!

LinkedIn
Nectar Website
Email: derrick@usenectar.com

Join the Mid-Term Rental Summit 2023! April 30th to May 1st, 2023, at Mission Bay Resort, San Diego, California. The Early Bird rate is still available, so click the link below to purchase your tickets:
therealjessevasquez.com/
For Audio Podcast, Subscribe and Listen to The Big Break Show HERE:

Connect with Rafa Loza on Social Media:

If you’re interested in Rafa’s Course, check the link to his STR Academy Application:

Stride Academy

Connect with Jesse Vasquez:

The Ultimate Guide to Finding & Buying STR’s, let’s run your analytics:

https://calendly.com/airventurehosting

MASTERMINDS/ GROUPS:

#55 From Selling Solar Panels to Developing Over 16 Double Lots in One Year w/ Auston Cook Jan 04, 2023

Show notes

Auston Cook is a successful real estate investor, developer, and entrepreneur. He holds a degree in mathematics from the University of Michigan and is an avid outdoorsman, particularly enjoying mountain climbing. He began his career in sales, selling solar panels, and eventually transitioned to the insurance industry. It was during this time that he discovered his passion for real estate and decided to pursue it as a career.
In this episode, Auston shares his journey from selling solar panels to become a developer specializing in single-family residential homes and acquiring 16 double lots in less than a year. Both he and Rafa also closed on a hotel deal too! He discusses the challenges he faced, including his first real estate deal, which was the hardest moment in his career, and how he overcame them. He also provides insight into the process of developing a double lot, including the construction loan process and current construction prices. We also discussed the ins and outs of raising money and how we should not overcomplicate everything and just take actionable steps each day to achieve exponential growth in this business. We've talked a lot about getting into his mindset, too. So as always, listen in, grab your notes, and take action!

New episode every Wednesday!

#TheBigBreakShow #RealEstate #Podcast #AustonCook

Links:
Connect with Auston Cook!
Instagram: @austoncook
For Audio Podcast, Subscribe and Listen to The Big Break Show HERE:

Connect with Rafa Loza on Social Media:

If you’re interested in Rafa’s Course, check the link to his STR Academy Application:

Stride Academy

Connect with Jesse Vasquez:

The Ultimate Guide to Finding & Buying STR’s, let’s run your analytics:

https://calendly.com/airventurehosting

MASTERMINDS/ GROUPS:

#51 528K of Revenue in 12 Weeks Through Seller Financing a Lodge in Alaska w/ Ryan Kocherhans Nov 30, 2022

Show notes

Ryan is a real estate investor and entrepreneur based in Utah who enjoys guiding and spending time on the river with his guests as the lodge owner at Alaskan Remote Adventures. He spends part of the year in Utah and part of the year in Alaska. He has always been into adventure, so he always liked to go share an unforgettable Alaskan experience.
Tune in as we talk about how he got into real estate investing, leading to having his lodge in Alaska and generating serious cash flow from a place not everyone would like to actually purchase from. He talked about how he gets people in there, how creative financing landed him this awesome deal, what the actual Alaskan lodge experience looked like, how he markets this place, and the actual numbers! He literally told us what the numbers looked like and the ins and outs of the entire deal, so stay tuned for that! We also talked about opportunities on the property management and creative financing sides of the business. There’s seriously a ton of info on this episode, so grab your notes and listen in because it’s really a good one.

New episode every Wednesday!

#TheBigBreakShow #RealEstate #Podcast # RyanKocherhans

Links:
Connect with Ryan Kocherhans!