Live Q&A - How to Dispo a Property, Defining a Wholetail, and Long Term vs. Short Term Rentals

Live Q&A - How to Dispo a Property, Defining a Wholetail, and Long Term vs. Short Term Rentals

Author: Inspiring interviews with today's most successful real estate investors! July 14, 2022 Duration: 38:32

Highlights From The Show:

Welcome to this version of the Just Start Real Estate Podcast! I am excited to bring you another replay of my Live Question and Answer sessions. For those people that are unable to join us live, this will provide an opportunity to hear the awesome questions I am fielding about business, taking risks, real estate, and so much more!

 

This presentation is the live Q&A that I did the week of June 29th and each Thursday we will offer you another chance to take advantage of listening to the answers to our guests’ fabulous and compelling questions! Don’t miss this new episode of the Just Start Real Estate Podcast!



Notable Quotes:

“Learning what works, learning what doesn’t, all on my dime.”

 

“Wholetail is a hybrid term coming from wholesale and retail.”

 

“Sometimes in a wholetail situation, you might replace the carpeting and paint, but not refurbish the kitchen.”

 

“You may spend $5k doing that but you can ask $20k more than you could before.”

 

“I think a good real estate investor, for the most part, will do whatever they need to do to get the deal.”

 

“Wholetailing in this market is great.”

 

“We take a lot of properties and put them on the market right away just to see what will happen.”

 

“The spirit of a wholetail deal is not to go the extra mile to provide appliances and stage it.”

 

“If you want steady rent checks all year long, I would suggest a single-family rental.”

 

“Realize there is a big difference between a long-term and short-term rental.”

 

“Short-term rentals can be more profitable and produce more revenue, to be sure, but they also require more work.”

 

“Either the deal isn’t as good as you think it is or your buyers’ list isn’t as strong as it should be.”




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Mike Simmons hosts Investor Cheat Code Podcast, a series built on the idea that the most effective strategies are often the personal ones not found in any textbook. The concept is simple: in video games, a cheat code is a hidden key that unlocks advantages, and this podcast applies that same principle to building wealth through property. You’ll hear inspiring interviews that go beyond surface-level advice, diving into the specific routines, mental frameworks, and sometimes counterintuitive tactics that today's most successful real estate investors actually use in their daily operations. Each conversation is designed to uncover those nuanced habits-the real cheat codes-that have led to tangible results for top performers. Rather than offering generic tips, this podcast focuses on the actionable and often overlooked details that can accelerate your journey. It’s for anyone interested in the practical realities of investing, entrepreneurship, and business growth, delivered through candid discussions that feel like you're getting direct access to a mentor's playbook. Tune in to discover how subtle shifts in strategy and mindset can unlock new levels of opportunity in your own portfolio.
Author: Language: English Episodes: 100

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