Taking the Leap of Faith with Tim Grillot

Tim Grillot may be a newer investor in the short term market but he is quickly taking the necessary steps to achieve great success in the future. With key rentals in the Smokey Mountains and Gulf Shores, Tim is a member of the Short Term Shop who will stop at nothing to expand his rental market. Recently, Tim sold his home and moved into an RV to raise money to buy new rentals. Due to his strategic planning and willingness to take risks, Tim has been able to accumulate new rentals at a rapid pace.

Avery speaks to Tim about techniques he recommends when starting out in the short-term rental sphere and the benefits of learning from your mistakes when you are first starting out. Specifically, Tim describes his experience with natural disasters and how it taught him about the value of loss of use insurance. We additionally speak in depth about how to secure money for investments even if you may not have a lot of liquid funds starting out. Tim should be a role model of anyone hoping take the plunge and enter the real estate industry themselves.

Key Topics

Strategies for starting out in the market
Value of learning from your mistakes
Tips for Identifying your key market
How to overcome natural disasters
Necessity of loss of use insurance
How to go about financing real estate investments without a large amount of lucid funds
Commercial vs conventional financing
Benefits of moving into an RV to finance future rentals
The only way to learn is to do it and take the risk
Turn problems into processes