BRRRR'ing and Subdividing a 5 Plex Short Term Rental with Joe Prillaman

August 06, 2021 00:32:44
BRRRR'ing and Subdividing a 5 Plex Short Term Rental with Joe Prillaman
The Short Term Show
BRRRR'ing and Subdividing a 5 Plex Short Term Rental with Joe Prillaman

Aug 06 2021 | 00:32:44

/

Show Notes

Joe Prillaman found himself in a suddenly-booming short term rental market soon after he purchased a few properties in the area. He calls it “lucky” but the fact is that he also worked very hard figuring out the market, learning the tricks of the trade, and building relationships with other investors in the area before his first investment. So it may be thanks to a bit of luck that the market turned a corner, but he still did his part to ensure he could benefit from the upturn. 

In this episode, show host Avery Carl gets Joe to open up about his journey to becoming a short-term rental property investor and to share openly how he finds and chooses properties to invest in. He has some great insights around investing in multi-plexes and why he has decided to focus on those going forward. Joe believes in the slow and steady approach to short-term rental investment and so far, it seems to have paid off for him. 

Discussion Points

Resources 

The Short Term Shop University

The Short Term Shop Facebook Group

Set For Life book

Other Episodes

Episode

September 18, 2024 00:29:04
Episode Cover

How Oscar Viteri Went From No Experience to 3 Properties In A Year

On this episode of the Short Term Show, Avery interviews Oscar Viteri, an immigrant from Ecuador who has built a successful real estate portfolio...

Listen

Episode

September 14, 2022 00:47:26
Episode Cover

Keeping it Simple with Atticus and Beth Mulholland

Host Avery Carl chats with Atticus and Beth about scaling quickly, keeping your W2, and how to find deals during a hot market. How...

Listen

Episode

February 12, 2025 00:39:30
Episode Cover

Navigating VRBO's New Policy with Short Term Shop Agents: What Vacation Rental Sellers Need to Know

In this episode of The Short Term Show, we dive into the recent policy changes from Vrbo regarding the sale of vacation rental properties....

Listen