Replacing a Mid-Six Figure Income With Short-Term Rentals in Only 6 months Cale Delaney

In this episode, I chat with Cale Delaney and we talked about short-term and long-term rentals and different strategies to figure out the quickest way to financial freedom. Cale Delaney has been investing in real estate for a total of 1.5 years. He bought his first unit in 2006 and now has a total of 10 units (5 LTR and 5 STR). He work right out of college as a Commercial Real Estate Investment Broker (2006-2008) and sold $7M in RE in 1 year. His real estate superpower is discipline. Key takeaways from this episode: 02:41 - Who is Cale Delaney and how did he get into the path of Real Estate? 09:35 - Cale’s first Real Estate deal 12:04 - How to convert a fourplex or multifamily to short term rental properties 13:18 - How Airbnb and VRBO works to get bookings 14:22 - How to determine a market 24:35 - Financing strategies to acquire properties 32:53 - The advantage and disadvantages of short term rental strategy 37:10 - Occupancy projection and strategies to attain it 40:49 - The downside of short term rentals Tune in to learn more valuable information from this episode!

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Replacing a Mid-Six Figure Income With Short-Term Rentals in Only 6 months Cale Delaney is an episode from Real Estate Investing For Freedom by Dalyn Hazell.

This episode is 59:36 long.

This episode was published on Feb 18, 2022.

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