

Joe Riley, the founder of Patriot Family Homes, joins Taylor Loht to discuss his journey from military veteran to successful short-term rental investor. Joe talks about how he got started in real estate investing by accident and how he and his wife built their teams and systems while he was actively deployed overseas. He shares his strategy for investing in more affordable homes and markets to yield higher cash flow returns. They also cover topics such as understanding the rental revenue potential relative to the cost of buying homes, sources of tenant demand, the job market, macroeconomic climate, regulatory framework, and home price appreciation. Joe provides insights into how to appeal to construction crews as tenants, the importance of remote team management, historical context when ramping up quickly in a new environment, regulations, cash flow considerations, and seasonal changes.
This episode is packed with valuable advice for investors looking to follow in Joe's footsteps and create successful businesses!
[00:01 - 06:02] Opening Segment
[06:03 - 11:36] Achieving Passive Income Through Run-of-the-Mill Homes and Markets
[11:37 - 16:28] Patriot Family Homes: Building Teams, Systems, and a Mission-Focused Business
[16:29 - 22:12] Pros and Cons of Short-Term Rental Investing for Military Families
[22:13 - 26:33] Closing Segment
Quotes:
"God works things out in interesting ways." - Joe Riley
"We don't give people jobs; we give people missions." - Joe Riley
Connect with Joe!
Website: www.PatriotFamilyHomes.com
Invest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/
Track your rental property's finances with Stessa. Go to www.escapingwallstreet.com.
Join our Passive Investor Club to access passive commercial real estate investment opportunities.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or clicking here to listen to our previous episodes.
633 episoder
Joe Riley, the founder of Patriot Family Homes, joins Taylor Loht to discuss his journey from military veteran to successful short-term rental investor. Joe talks about how he got started in real estate investing by accident and how he and his wife built their teams and systems while he was actively deployed overseas. He shares his strategy for investing in more affordable homes and markets to yield higher cash flow returns. They also cover topics such as understanding the rental revenue potential relative to the cost of buying homes, sources of tenant demand, the job market, macroeconomic climate, regulatory framework, and home price appreciation. Joe provides insights into how to appeal to construction crews as tenants, the importance of remote team management, historical context when ramping up quickly in a new environment, regulations, cash flow considerations, and seasonal changes.
This episode is packed with valuable advice for investors looking to follow in Joe's footsteps and create successful businesses!
[00:01 - 06:02] Opening Segment
[06:03 - 11:36] Achieving Passive Income Through Run-of-the-Mill Homes and Markets
[11:37 - 16:28] Patriot Family Homes: Building Teams, Systems, and a Mission-Focused Business
[16:29 - 22:12] Pros and Cons of Short-Term Rental Investing for Military Families
[22:13 - 26:33] Closing Segment
Quotes:
"God works things out in interesting ways." - Joe Riley
"We don't give people jobs; we give people missions." - Joe Riley
Connect with Joe!
Website: www.PatriotFamilyHomes.com
Invest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/
Track your rental property's finances with Stessa. Go to www.escapingwallstreet.com.
Join our Passive Investor Club to access passive commercial real estate investment opportunities.
LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or clicking here to listen to our previous episodes.
633 episoder
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