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Living Off Rentals
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Inhalt bereitgestellt von Kirby Atwell. Alle Podcast-Inhalte, einschließlich Episoden, Grafiken und Podcast-Beschreibungen, werden direkt von Kirby Atwell oder seinem Podcast-Plattformpartner hochgeladen und bereitgestellt. Wenn Sie glauben, dass jemand Ihr urheberrechtlich geschütztes Werk ohne Ihre Erlaubnis nutzt, können Sie dem hier beschriebenen Verfahren folgen https://de.player.fm/legal.
We believe that a high quality rental property is the best investment a person can make. This podcast equips listeners to build a rental portfolio of their own. Each week host, Kirby Atwell, interviews someone who is living off rentals and identifies best practices, advice, and potential investing pitfalls to avoid!
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100 Episoden
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Manage series 3560253
Inhalt bereitgestellt von Kirby Atwell. Alle Podcast-Inhalte, einschließlich Episoden, Grafiken und Podcast-Beschreibungen, werden direkt von Kirby Atwell oder seinem Podcast-Plattformpartner hochgeladen und bereitgestellt. Wenn Sie glauben, dass jemand Ihr urheberrechtlich geschütztes Werk ohne Ihre Erlaubnis nutzt, können Sie dem hier beschriebenen Verfahren folgen https://de.player.fm/legal.
We believe that a high quality rental property is the best investment a person can make. This podcast equips listeners to build a rental portfolio of their own. Each week host, Kirby Atwell, interviews someone who is living off rentals and identifies best practices, advice, and potential investing pitfalls to avoid!
…
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Living Off Rentals

Joining us in this episode of Living Off Rentals is Donald Pearson, a Wealth Management Advisor at Westpac Wealth Partners who holds an impressive list of certifications. Donald is a CERTIFIED FINANCIAL PLANNER™ (CFP®) and a Retirement Income Certified Professional® (RICP®), and he helps individuals and business owners reach their financial goals as efficiently as possible. A graduate of the United States Naval Academy, Donald was commissioned as a Marine Corps officer and later served as a Financial Manager in the Marine Corps. Listen as he shares his full financial journey, the key areas you need to focus on to achieve financial freedom, and why good financial planning is an ongoing process. He also breaks down the four domains of financial planning and walks us through the “mathematical equation” of financial freedom. Enjoy the show! Key Takeaways: [00:00] Introducing Donald Pearson and his background [08:02] Helping clients become more diversified and well-rounded [12:59] The four domains of financial planning [17:56] Living into someone's living balance sheet [24:17] Good financial planning and decision-making is an ongoing process [31:09] Where do successful people put their money? [44:54] Connect with Donald Pearson Guest Links: Email: donald.pearson@westpacwealth.com Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – https://www.livingoffrentals.com/ Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals…
In this episode of Living Off Rentals, we are joined by Mark Lumpkin, a real estate investor who fell in love with short-term rentals 10 years ago. Mark has helped over 500 short-term rental investors optimize their properties—handling everything from renovations to design—and has guided many others in establishing their own successful rentals. Listen as Mark shares his journey with short-term rentals and how this investment strategy has provided him the flexibility to pursue his passions. We also dive into his work with STR Cribs, exploring how thoughtful design choices can make rentals stand out. Plus, we discuss why furniture, décor, and strategic renovations are essential for maximizing cash flow in the short-term rental market. Enjoy the show! Key Takeaways: [00:00] Introducing Mark Lumpkin and his background [04:19] How he got into the real estate industry [07:21] Choose a property for short-term rentals with your guest avatar [11:37] Recommended budget for furnishings and design for your property [14:41] What is data-driven design? [18:16] The importance of leaning on expert experience from professional designers [27:57] Doing quick preventive maintenance regularly [31:14] The shift in trends for short-term rentals [36:22] Connect with Mark Lumpkin Guest Links Website: https://strcribs.com/ Email: mlumpkin@strcribs.com Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – https://www.livingoffrentals.com/ Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals…
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1 #266 - How to turn 1 rental into 8 rentals (and massively increase cash flow) - Atticus LeBlanc 52:42
Joining us in this episode is someone who has been making waves in the affordable housing space. He is a returning guest, previously appearing on Episode 92 of Living Off Rentals in 2021. Atticus LeBlanc is the founder of PadSplit, the country’s largest co-living marketplace, which helps property owners increase cash flow while providing affordable housing for thousands of residents. Since launching in 2017, PadSplit has housed more than 42,000 people and has grown to over 17,000 shared housing units across multiple U.S. markets. An entrepreneur since 2005, Atticus was an affordable housing developer and contractor before founding PadSplit. Listen as he shares more about how PadSplit works and discusses how he converts living spaces into bedrooms to create massive cash flow. Enjoy the show! Key Takeaways: [00:00] Introducing Atticus LeBlanc and his background [03:47] How PadSplit works? [11:22] Type of property that best works for PadSplit members [17:10] The fractionalization of real estate by time versus the fractionalization of real estate by space [26:25] Managing the challenges of bureaucracy and zoning issues [33:53] How to manage different personalities under one roof? [49:05] Connect with Atticus LeBlanc Guest Links: Website: https://www.padsplit.com/hosts Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – https://www.livingoffrentals.com/ Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals…
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Is college the best path to financial success, or is there another way? In this episode, Steven Rich shares his bold decision to drop out of his mechanical engineering program and dive headfirst into real estate investing. Now, he is the owner of 50 service accommodation rooms with bookings across several online travel agency (OTA) platforms like Airbnb and Booking.com. Steven reveals the experiences, lessons, risks, and rewards of building a real estate business instead of following the traditional college route. Tune in to hear his story, and enjoy the show! Key Takeaways: [00:00] Introducing Steven Rich and his background [02:57] His decision to leave college [07:28] The worst-case scenario of leaving your full-time job or college degree [11:14] Risky move to own a 22-room hotel [23:05] Time frame between purchasing the property and start taking bookings [31:38] Optimizing on- and off-seasons in property bookings [41:54] FAIL: First Attempt In Learning [49:20] Outro Guest Links: Follow Steven on Instagram: https://www.instagram.com/steven_rich_property/ Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – https://www.livingoffrentals.com/ Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals…
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For today's episode of Living Off Rentals, we are joined by Austin Palacios, a short-term rental investor based in Miami. He is also the bestselling author of “Airbnb Co-hosting Secrets: How to Start and Scale a Co-Hosting Business in 30 Days,” and has been featured on MSN, Mogul's of Business, and US Times. Austin started his career in wealth management and transitioned into investing in real estate at the age of 23. Now, he holds a portfolio of properties across Florida and Chicago. Listen as he shares his journey since leaving his day job in 2021 to focus on investing in real estate full-time. He also reveals a clever strategy for generating rental income without actually owning the property. Sounds interesting, right? Enjoy the show! Key Takeaways: [00:00] Introducing Austin Palacios and his background [02:48] Going full-time in real estate investing [06:56] Getting into short-term rentals [13:33] Risks of Airbnb or short-term rentals [18:03] The downside and upside of co-hosting [24:59] Mistakes people make as they're getting into co-hosting [27:36] Type of team members Austin have [36:00] Finding the right market in real estate [43:03] Connect with Austin Palacios Guest Links: Website: https://www.instagram.com/austin__palacios/ Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – https://www.livingoffrentals.com/ Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals…
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Joining us in this episode of Living Off Rentals is someone who has built a portfolio around one of the most sought-after factors in housing—access to top-tier schools. Sean O'Dowd is the Managing Director of Scholastic Capital, a real estate fund that acquires and rents out single-family homes in elite school districts. He began his career at Boston Consulting Group (BCG) and graduated with honors from The Wharton School of Business. Listen as he shares how he carved out this niche in real estate, what it was like growing up with parents who were against real estate investing, and why his investing strategy is so profitable. Enjoy the show! Key Takeaways [00:00] Introducing Sean O'Down and his background [03:38] His parents are anti-real estate investing [07:15] Ideal type of property to own in school districts [08:20] Unlevered yield on cost [22:43] Open-ended fund model vs closed-end fund [23:57] Two kinds of ways fund managers get paid [33:01] Three different elements on total returns [37:08] Fixable and not-fixable decisions [40:39] Connect with Sean O'Dowd Guest Links: Website: https://scholasticcapital.com/ Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – https://www.livingoffrentals.com/ Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals…
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Joining us in this episode of Living Off Rentals is someone who has been a real estate investor since 2004 and has a diverse portfolio of residential, commercial, and self-storage properties. Julie Gates started SID WAS HERE in 2017, which specializes in short-term and long-term rentals. She also produces a local podcast about investing in Savannah, Georgia, called Cashflow Savannah, and hosts a monthly meetup in the area called Cashflow Savannah Meetup. Listen as she shares how she started her journey as a real estate investor, her focus on short-term rentals, medium-term rentals, self-storage, and commercial properties, and the keys to identifying a high-cash-flowing short-term rental. Let's dive in! Key Takeaways: [00:00] Introducing Julie Gates and her background [02:25] Julie's first property [09:42] Getting a real estate license [18:55] Doing medium-term rentals while doing short-term rentals [33:22] Legitimacy over followers [36:46] How do you identify a high cash-flowing short-term rental? [41:12] Real estate is about the numbers [45:12] The biggest lesson Julie learned in her real estate journey [50:11] Connect with Julie Gates Guest Links: Website: https://sidwashere.com/ Instagram: https://www.instagram.com/sidwashere912/ Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – https://www.livingoffrentals.com/ Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals…
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1 #261 - Sportscaster to failing entrepreneur to successful short-term rental investor - Kyle Stanley 48:51
In this episode of Living Off Rentals, we’re joined by someone who went from sportscaster to struggling entrepreneur, before finally finding the success and fulfillment he was looking for through short term rental investing. Kyle Stanley spent a decade as a serial entrepreneur before discovering real estate. At 31, he took a chance on investing and quickly realized the power of short-term rentals to generate significant cash flow and transform his financial future. What started as listing a spare room on Airbnb turned into a thriving short-term rental business. Kyle scaled his portfolio, built a management company that grew to 70+ units, sold that company, and now lives off his own rentals while teaching others how to make money through real estate investing via his podcast and platform, The Fearless Investors. This episode is full of valuable insights on scaling with intention, deciding on a real estate exit strategy, creative financing, and more. Enjoy the show! Key Takeaways: [00:00] Introducing Kyle Stanley and his background [03:48] His decision to get started investing in short-term rentals [06:59] Skills + Best Exit Strategy [17:09] Kyle on building true financial freedom [20:50] What is Creative Financing? [27:26] Identifying properties to invest [33:08] Difference between people who struggle and people who are successful in short-term rental investments [37:31] Quantity versus Quality in short-term rentals [46:21] Connect with Kyle Stanley Guest Links: Website: Visit https://thefearlessinvestors.co/ for a free 15-minute training Email: info@fearlesskyle.com Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – https://www.livingoffrentals.com/ Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals…
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Joining us in this episode of Living Off Rentals is someone who has spent the last decade mastering remote real estate investing across a range of property types. Michael Albaum is a seasoned real estate investor who began his journey in 2012 and has since built a portfolio spanning various asset classes. As the creator of MyFI (Financial Independence) Academy, he now helps others achieve financial independence through real estate investing. In this episode, Michael shares how his early mindset shifts led him to multifamily investing, why he decided to focus on just a few markets, and how he managed to invest remotely—even while traveling internationally and living on the road. He also dives into his definition of financial independence, the sacrifices he made along the way, and his advice for anyone looking to get started in real estate. Enjoy the show! Key Takeaways: [00:00] Introducing Michael Albaum and his background [06:02] Michael's mindset shifts in real estate [08:45] The hardships of real estate [17:34] His journey after that first deal! [22:06] You can diversify within a particular market [28:45] Being a professional remote real estate investor [30:54] Michael's definition of financial independence [38:20] His best deal! [42:09] Connect with Michael Albaum Guest Links: Website: https://www.myfiacademy.com/ Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – https://www.livingoffrentals.com/ Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals…
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Living Off Rentals

1 #259 - How the right LLC structure can save you - Glenn H. Truitt Esq. 1:01:10
1:01:10
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Joining us on this special fifth-anniversary episode of Living Off Rentals is an attorney with over 15 years of experience helping high-net-worth individuals protect their assets and grow their wealth. Glenn Truitt is the co-founder of Private Wealth Law, where he focuses on everything from Mergers and Acquisitions to Corporate Governance and Asset Protection. Born in the suburbs of Chicago and growing up in Denver, Glenn is a proud graduate of the U.S. Naval Academy (graduating 8th in his class) and served as a Ballistic Missile Submarine Officer in the Navy before earning his law degree from Stanford Law School. In this episode, Glenn breaks down the corporate governance strategies that real estate investors need to know. From choosing the right LLC structure to understanding Series LLCs and Family Limited Partnerships, Glenn shares tips to help you reduce your risk while saving time and money in the long run. If you’re serious about protecting your investments, this is an episode you don’t want to miss. Listen and enjoy the show! Key Takeaways: [03:10] Introducing Glenn Truitt and his background [08:40] Common Misconceptions for Business Law for Real Estate Investors [15:56] About piercing in real estate [25:11] Series LLC vs Individual [36:37] Glenn's recommendations on the best way to partner in business [42:00] Unsaid expectations, pre-planned problems [48:18] Family Limited Partnership (FLP) [54:33] Connect with Glenn Guest Links: Website: https://privatewealthlawinc.com/ Email: gtruitt@privatewealthlawinc.com The ABCs of LLCs: https://privatewealthlawinc.com/insights/#papers Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – https://www.livingoffrentals.com/ Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals…
For the third time, we've got Buddy Rushing coming back for today's episode of Living Off Rentals. He is the co-owner, president, and CEO of White Feather Investments, a company whose mission is to educate and empower military members to achieve financial freedom through real estate investing. Buddy is a Marine Corps veteran whose passion is to help fellow military personnel, and their families generate passive income and achieve financial freedom. One year after his last appearance, we’ll hear more about Buddy's journey in the real estate investing space and how he continuously provides value to people through community building. He also talks about how it’s possible to make $600,000 on wholesale (whow!), the upcoming Financial Freedom Summit, and his outlook for 2025 in the real estate investing space. Enjoy the show! Key Takeaways: [00:00] Introducing Buddy Rushing and his background [04:45] Spending time providing value to people [10:09] His evolution as an investor [20:35] It is possible to make $600,000 in wholesale [23:27] The pros and cons of syndication [32:26] What is the Financial Freedom Summit? [44:45] Buddy's outlook for 2025 in real estate investing [54:13] Connect with Buddy Guest Links: Website: https://financialfreedom.events/ Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – https://www.livingoffrentals.com/ Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals…
Joining us in today's episode of Living Off Rentals is someone who has served as a Black Hawk Helicopter Pilot in the US Army for seven years. While flying in the Army Beau Webb discovered seller financing, and was able to utilize this strategy to build a portfolio of rental properties. Because of his real estate investments, he was able to leave the military just this past year and not have to worry about finding another W2 job. Beau currently owns a portfolio of over 40 doors of all different types of rental properties. Listen as he shares some of the moves that allowed him to get to financial freedom quickly, as well as the mistakes he made which is part of everyone's real estate investing journey. Enjoy the show! Key Takeaways: [00:00] Introducing Beau Webb and his background [02:15] His first deal [06:35] Seller financing in creating finance [15:31] Beau's unicorn deal [25:09] How does refinancing the seller finance deal work? [34:41] Skill acquired from the military in screening people [49:48] Advice for people who are starting their real estate journey Guest Links: Website: https://www.instagram.com/realestatewebb/ Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – https://www.livingoffrentals.com/ Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals…
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In this episode of Living Off Rentals, we interviewed Stephanie Figueros. Before her real estate journey, she was once a registered nurse. Now, she has a unique story and expertise owning short-term rentals, flipping properties, partnering with other investors, and utilizing virtual assistants to run her business. In addition, she also has a platform to help other people hire VAs as well. Listen as they discuss the importance of hiring VAs for your rental business, what her first few deals look like, and the top lessons she learned along the way! Enjoy the show! Key Takeaways: [00:00] Introducing Stephanie Figueros and her background [01:43] From the healthcare industry to real estate [07:07] The pros and cons of arbitrage [14:50] The mental shift from W2 jobs to real estate investing [20:19] The issue of insurance and financing when leaving full-time work [24:20] What does Stephanie's business structure look like? [32:11] Screening for the right VAs [47:20] The ability to handle multiple personalities Guest Links: Website: https://www.youtube.com/@stephaniefigueros Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – https://www.livingoffrentals.com/ Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals…
Joining us in this episode of Living Off Rentals is someone who utilized long term rentals as a way to exit his 9-5 job and live a life of freedom. Michael Zuber is the author of 'One Rental at a Time,' and aims to help people start their real estate investing journey by simplifying the process. In this episode, Michael shares his journey from working full-time, to buying his first rental property, suggestion for those just getting started, and the basics of wealth building with real estate in cash flow. Listen and enjoy the show! Key Takeaways [00:00] Introducing Michael Zuber and his background [02:45] The Basics of Wealth Building with Real Estate [08:00] What are buybacks? [16:33] The Appreciation of Net Worth Alone is Not Enough [18:00] The benefit of his daily financial show [24:50] The impact of the upcoming administration on the real estate [36:25] Michael's advice for real estate investors Guest Links: Website: https://onerentalatatime.com/ Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – https://www.livingoffrentals.com/ Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals…
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Living Off Rentals

1 #254 - How to Build Unshakeable Wealth - Larisa Olteanu 1:04:00
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In this episode of Living Off Rentals, we are joined by someone who started as a struggling immigrant with $20, a bag of clothes, and no knowledge of English. Larisa Olteanu is now a CEO investor and a philanthropist. She is the CEO and Founder of Unshakable Wealth and the author of Destined for Wealth, a Wall Street Journal best-seller. Listen as she shares her journey from the humble streets of Moldova to the US, through resilience, determination, and financial knowledge. She also answers the question of how to build unshakeable wealth. It is an inspirational episode; enjoy the show! Key Takeaways: [00:00] Introducing Larisa Olteanu and her background [02:36] From Moldova to the US [15:11] Realizing she had a passion for finance [18:39] The holistic approach to building wealth [23:40] The technical part of building wealth [33:08] Finding freedom and still making a great living at the same time [49:59] The beauty of real estate [53:37] What's next after leaving your full-time job? [56:28] Larisa's biggest flexes [01:01:13] Connect with Larisa Olteanu Guest Links: Free Money Course: www.unshakablewealth.com/kirby Amazon Link to Destined For Wealth: https://amzn.to/4dYGLju People can also purchase the book directly on Larisa’s website for a discounted price and extra free bonuses. Link to The Book on their website: www.unshakablewealth.com/ebook Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals Living Off Rentals Website – https://www.livingoffrentals.com/ Living Off Rentals Instagram – instagram.com/livingoffrentals Living Off Rentals TikTok – tiktok.com/@livingoffrentals…
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