Short Term Rentals vs. Long Term Rentals with Aaron Fragnito

Published: Sept. 27, 2021, 5 a.m.

Through real estate syndication, Aaron helps others passively invest the way wealthy people make and keep their money. Aaron has been involved in RE his whole career. Aaron has over a decade of Real Estate investment experience and is co-Owner of Peoples Capital Group (PCG). Aaron focuses on building relationships with individuals seeking passive returns through NJ real estate and owns over 100 units.\nAaron Fragnito has been a guest on over 30 real estate and investment podcasts such as Cash Flow Ninja ep. 488, Joe Fairless's Podcast Best Ever Real Estate Investing Advise ep 2085, Money Tree Investing March 6th, 2020, The Real Estate Syndication Show Ep. 409, and many more.\nAaron Fragnito is a Co-Founder of Peoples Capital Group (PCG) which holds a $16M portfolio, host of the New Jersey Real Estate Network, host of the Passive Cash Flow Podcast, a licensed NJ Realtor, and a full-time real estate investor. Aaron has completed over 250 real estate transactions, totaling more than $40,000,000 in Real Estate in his career.\nPeoples Capital Group (PCG) works with qualified investors to create passive returns through local commercial real estate and short-term rentals. The owners of PCG are experienced in locating discounted apartment buildings for sale in Northern NJ, Southern VT, and implementing a value add strategy to create max returns for their silent investors.\n[00:01 - 04:30] Opening Segment\nGet to know Aaron Fragnito\nAaron shares about himself and Peoples Capital Group\n\xa0\n[04:31 - 13:54] Short Term Rentals vs. Long Term Rentals\nReal Estate in Northern Jersey\nAaron\u2019s short term rentals in 2018\nCashflow and equity: Stupid little cryptocurrencies and scaling up\nSome things\xa0 you should do when investing in short term rentals\n\u201cAt least we know what we\u2019re dealing with\u2026 [with] long term rentals.\u201d\n\xa0\n[13:55 - 27:56]\xa0 Making your Dream Go to Your Pockets\nAaron talks about state regulations on short term rentals\nPassive investors and their role in short term rentals\nMaking people happy 24/7\nStructuring their deals\xa0\nDnD: Determining the Demand\nThe hardest dollar you\u2019ll ever make in real estate\nAaron\u2019s advice for you!\n\xa0\n[27:57 - 36:42] Closing Segment\nQuick break for our sponsorsGroundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started.\n\nWhat is the best investment you've ever made other than your education?A 2013\xa0 investment in New York\n\nAaron\u2019s worst investmentA high-end property with the wrong contractors\n\nWhat is the most important lesson that you've learned in business and investing?\u201cBe fast to fire and slow to hire.\u201d\n\nConnect with my guest. See the links below.\n\xa0\nResources Mentioned:\nAirDNA\nRich Dad Poor Dad\n\xa0\nTweetable Quotes:\n\u201cYou just got to\xa0 know what you\u2019re doing.\u201d - Aaron Fragnito\n\u201cIf your goals are just to have a good investment, I would go with long term rental properties but diversify, diversify, diversify.\u201d - Aaron Fragnito\n\u201cDon\u2019t overpay for the property.\u201d - Aaron Fragnito\n------------\nConnect with Aaron Fragnito through Facebook and LinkedIn.\xa0 Visit their website https://www.peoplescapitalgroup.com/.\xa0\n\xa0\nInvest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/\nParticipate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.\xa0\nLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes