RG 328 - Why Short-Term Rentals Can Be More Profitable Yet Easier to Manage w/ Craig Stevens

Published: Oct. 26, 2022, midnight

b'How do you leverage your existing skillset when leaving your corporate job for real estate investing?\\n\\nCraig Stevens the Founder and President of Groundbreaking Real Estate, an investment company that helps investors achieve sustainable returns on multifamily assets. He started his career in 2014, and over the past eight years, Groundbreaking has owned and operated over ten buildings with a fair value of about $5.8 million, housing more than 35 tenants.\\n\\nCraig came from a humble background, living in a trailer park with other families in similar financial situations. Growing up in that environment has helped Craig safeguard his wealth, and other people build wealth and success.\\n\\nLike many other investors, Craig used to be part of corporate America. He was a CPA until he realized he didn\\u2019t want to work at a desk until he retired, then everything changed. How did Craig leave the corporate world and enter real estate? What drove him to invest in the short-term rental space? What gaps in the area did he manage to fill with his system?\\n\\nKEY TAKEAWAYS\\n1. As you build wealth, looking back at your roots and humble beginnings will help keep you grounded.\\n2. Short-term rental properties can be more profitable with the proper management systems in place. \\n3. Don\\u2019t invest in a property without educating yourself. Learn as much as possible, set goals, and determine your strategies before pulling the trigger.\\n4. When you quit your 9-5 and start a business, you have to identify your weaknesses and determine how you can address them.\\n\\nLINKS\\nhttps://www.linkedin.com/in/craig-stevens-7948842/\\nhttp://groundbreakingre.com/\\n\\nINVESTMENT OPPORTUNITIES\\nWant to invest alongside Reed? All investments are 100% PASSIVE. Historical returns to accredited investors have ranged 18-31% annualized! To find out more, head on over to\\u2026 \\nwww.reedgoossens.com'