In this brand new episode, I had the pleasure to chat with Justin Mosley, a successful private fund manager, educator and the founder of Leicestermore Capital and Short Term Rental Millionaires. Justin talks about his initial interest in the stock market and gradual transition to real estate. He also shares his experience with commercial syndications and the profitability of short-term rentals and his journey from the military to real estate and how he found his passion for helping veterans and investors maximize their returns.
Enjoy this episode on your preferred podcast platform!
✅ Apple → https://podcasts.apple.com/au/podcast/increasing-returns-through-shor%20t-term-rental-properties/id1625806145?i=1000631990922
✅ Spotify → https://open.spotify.com/episode/4DxabnVJKHvgSxjJDInWSL
✅ Youtube → https://youtu.be/hMkVIVOMrVg
Let’s Stay Connected
✅ LinkedIn → https://www.linkedin.com/in/hannes-hennche/
Connect with Justin Mosley
LinkedIn - https://www.linkedin.com/in/justin-c-mosley-msc-43b93b39/
Website - https://www.leicestermorecapital.com/
Instagram - https://www.instagram.com/justincmosley_lcm/?hl=en
Facebook - https://www.facebook.com/justin.mosley1/
Time Stamps
00:00:45 Transition from military to real estate
00:06:14 Focus on cashflow in real estate investing
00:09:26 The importance of self check-in
00:14:46 Intuition is key in investing
00:19:09 Short-term rentals require active management
00:25:06 Scale with short-term rentals
00:24:14 Building teams and relationships.
00:26:07 Partnerships can minimize personal capital
00:31:13 Airbnb is a valuable platform
00:32:44 Unique property types
00:37:07 Airbnb could do well in Savannah
Quotes
"I'm much more driven towards the cashflow aspect rather than the appreciation and all the others".
"You need to create a true experience for your guests when they're coming in and that helps with obviously bringing guests back and tell friends. The design has to draw people in initially."
"Every market kind of has its own dynamics. To me, it's about strategy and that strategy can change market to market".
"I've seen properties that are amazing inside, great experience, but it's in a crappy area and it can absolutely ruin that business model when they don't feel safe or it could be a list of things that go on".
"You can set your day up the way you want to. And I think that's one of the most wonderful things about real estate in general".
#thepathtowellth #realestate #realestateinvesting #passiveinvesting #shortrentals
#shortrentalmarket #realestateinvestors