Episode 54
Turning A Side-Hustle Into A Multi-Property Business
How many properties could YOU own? Dr. Gelerie Stenbakken and her husband, Eric Stenbakken, have turned their single long-term rental side hustle into a real multi-property business that led to their financial independence. The couple is here to tell you what parts of the rental process are most important to consider personally, and the most annoying bits that you can farm out to someone else.
How many properties could YOU own? Dr. Gelerie Stenbakken and her husband, Eric Stenbakken, have turned their single long-term rental side hustle into a real multi-property business that led to their financial independence. The couple is here to tell you what parts of the rental process are most important to consider personally, and the most annoying bits that you can farm out to someone else.
In this episode, listen for:
The Stenbakken let you know how to choose the right properties, how they dealt with renting to college students, and how instead of building your dream home, maybe you should think about buying short-term rentals in cities you like to visit the most.
Must-Listen Moments :
[05:07] - Their first LTR and how having a strategy going in is important
[15:24] - How to decide what renovations to take on yourself
[42:37] - Creating your own websites to promote your rental properties
Guest Links:
Erik & Gelerie Stenbakken Consulting Instagram
Rent Smoky Mountains Instagram
More from DIG Capital:
Find and listen to more episodes at https://www.digcapital.com/podcasts
Read more about real estate syndications and passive investing at https://www.digcaptial.com/blog
To invest alongside other physicians: https://www.digcapital.com/join
Podcast Technical Support by: Wayfare Recording Co.
