He Was Losing Money on Airbnb — Now He’s Making $2K/Month Renting By The Room With Scott Morse (Ep 543)

When Scott Morse’s Airbnb bookings started to slow down, his cash flow became unpredictable. He needed a more consistent way to generate income from his properties. That’s when he discovered the power of renting by the room.In this episode, Scott shares how he converted his former Airbnbs into co-living rentals and why his cash flow is now more consistent, and even higher than before. He explains how he finds tenants, how he manages his rentals with very little vacancy and how easy the turnovers are between tenants.Scott also walks us through the changes he made to his houses to make them work for co-living and compares his Airbnb revenue to what he’s earning today.Scott also shares how he's finding deals today.https://rentalincomepodcast.com/episode543Thanks To Our Sponsors:Ridge Lending Group - Making investment Mortgage process simple and stress-free.MidSouth HomeBuyers – Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One. (Priced between $100,000 to low $200's)Rental Accounting Software Made Easy. Free 30 Day Trial.

Max Emory was crushing it with the BRRRR strategy on duplexes. His system was working, steady cash flow, solid equity gains, and growing confidence as an investor. But like many of us, Max wanted to scale up.He heard that buying bigger properties would accelerate his success — until it didn’t.When Max bought a 6-unit and a 3-unit, things started to fall apart. The deals didn’t perform the way he expected, and he ended up losing a lot of money, even having to sell his successful duplexes to cover the losses.On this episode, Max shares what went right with his duplexes, what went wrong when he tried to go bigger, and the lessons he learned the hard way.If you’ve ever thought about scaling up your portfolio, you’ll want to hear this story first.https://rentalincomepodcast.com/episode542Thanks To Our Sponsors:MidSouth HomeBuyers – Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One. (Priced between $100,000 to low $200's)Ridge Lending Group - Making investment Mortgage process simple and stress-free.Rental Accounting Software Made Easy. Free 30 Day Trial

Jon Paddol is a regular guy who has quietly built a solid rental portfolio. He started at 24, renting out rooms to friends, and looking back, he wishes he had bought even more properties when he was in his 20s.On this episode, Jon shares how he transitioned from renting to friends to screening actual tenants, and what that experience taught him.He also talks about how he only buys properties in a very tight area, close to where he lives, and how this has made managing his properties easier.We also review Jon's numbers and discuss how the equity he has created has given him many options regarding paying for college for his kids and potential moves he may make with his portfolio in the future.https://rentalincomepodcast.com/episode541Thanks To Our Sponsors:MidSouth HomeBuyers – Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One. (Priced between $100,000 to low $200's)Ridge Lending Group - Making investment Mortgage process simple and stress-free.Rental Accounting Software Made Easy. Free 30 Day Trial.

Chris Heller’s rental journey started more than three decades ago, and the secret to his success has been patience.Year after year, his tenants paid down his mortgages while his properties quietly appreciated. Over time, he sold off smaller rentals and traded up to bigger, more valuable ones, building lasting wealth along the way.In this episode, Chris shares how recognizing market cycles has given him an edge, allowing him to sell in hot markets, buy into undervalued ones, and grow smarter with each move.Today, with a smaller portfolio that outperforms his larger one from years ago, Chris explains why sometimes less really is more.He also reveals the key signs investors can look for right now to spot great opportunities, and why the smartest move in real estate often isn’t about speed, but about timing.https://rentalincomepodcast.com/episode540Thanks To Our Sponsors:MidSouth HomeBuyers – Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One. (Priced between $100,000 to low $200's)Ridge Lending Group - Making investment Mortgage process simple and stress-free.Rental Accounting Software Made Easy. Free 30 Day Trial

Luca and Mat have built a rental portfolio by repeatedly buying condos in the same complex. They know the floor plans, understand the values, and can move quickly when a new unit hits the market, giving them a huge advantage over other buyers.A new train line is being built nearby, drastically reducing the commute time to the city center. Luca and Mat believe the neighborhood is poised for growth once the station opens, and they’ve been buying aggressively in anticipation of rising property values and rents.On this episode, they share how they spotted the opportunity early, what signs they look for when investing in the path of progress, and how you can identify similar trends in your own market. We also discuss their mission-driven strategy of renting to disabled military veterans and how it’s made a difference in their business and their community.https://rentalincomepodcast.com/episode539Thanks To Our Sponsors:Ridge Lending Group - Making investment Mortgage process simple and stress-free.MidSouth HomeBuyers – Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One. (Priced between $100,000 to low $200's)Rental Accounting Software Made Easy. Free 30 Day Trial

When Joe first started investing, he thought what he wanted most was time freedom. But over time, he realized what he really wanted was flexibility, and his rental income has given him just that..In the past year alone, Joe has added four new properties to his portfolio. On this episode, he shares how he found those deals, how he financed them, and the creative ways he’s used a HELOC to fund purchases.We also talk about how he’s applying velocity banking to pay down debt faster.Joe discusses the challenges of rising insurance premiums and property taxes and how he’s adjusted his strategy to stay profitable.We also dig into the numbers on his four most recent purchases.https://rentalincomepodcast.com/episode538Thanks To Our Sponsors:Ridge Lending Group - Get A Free 30-Minute Strategy Session With Caeli Ridge.MidSouth HomeBuyers – Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One. (Priced between $100,000 to low $200's)Rental Accounting Software Made Easy. Free 30 Day Trial

When Greg Zessin first started buying rentals, he went after deals that looked like they would produce strong cash flow on paper. Some months, the numbers worked great, but other months, unexpected repairs or tenant issues wiped out his profits.Over time, Greg realized that not all cash flow is created equal. He shifted his strategy to focus only on properties that provide steady, consistent income.On this episode, Greg shares what he’s doing differently today: the age of properties he avoids, the age of properties he targets, and why he no longer takes on major renovations.We also dig into the neighborhoods he likes, the neighborhoods he won’t buy in anymore, and how he’s getting tenants to stay longer, which has significantly increased his profits.Plus, Greg reveals the unique ways he finds off-market deals.https://rentalincomepodcast.com/episode537Thanks To Our Sponsors:The Guarantors - Protect your property against losses rent defaults, vacancies, lease breaks, damages, and more. All without increasing your operating expenses.Ridge Lending Group - Making investment Mortgage process simple and stress-free.Rental Accounting Software Made Easy. Free 30 Day Trial

Most real estate investors assume buying existing rentals is the fastest path to cash flow. But what if you could build them cheaper, and end up with a property that performs better long-term? That’s exactly what Tyler Casey discovered.On this episode, Tyler breaks down the strategy that’s allowing him to out-build the market. He shares why the right floor plan can be a game-changer, how repeating the same blueprint cuts costs and saves time, and the small design details that dramatically reduce maintenance headaches down the road.We dive into the financing he’s using, walk through the actual numbers on one of his recent builds, and compare new construction to rehabs, and why building can actually be the easier, smarter move.Tyler also takes us back to his beginnings, buying his first rentals at just 18, and shows how his approach has evolved into something far more scalable.Along the way, we unpack the hidden advantages of building vs. buying: tax benefits, lower operating costs, higher rent potential, better tenant quality, and even cheaper insurance.https://rentalincomepodcast.com/episode536Thanks To Our Sponsors:Ridge Lending Group - Get A Free 30-Minute Strategy Session With Caeli Ridge.MidSouth HomeBuyers – Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One. (Priced between $100,000 to low $200's)Rental Accounting Software Made Easy. Free 30 Day Trial

Jason Hull retired at just 46 years old and now spends most of the year traveling with his wife in search of the perfect climate. His lifestyle is funded by his rental income.But Jason didn’t get there overnight. He started out buying foreclosures, fixing them up, and renting them out.When COVID hit, everything changed—labor shortages, material shortages, and rising costs made his strategy nearly impossible. Instead of giving up, Jason made a bold move: he sold his entire portfolio and rebuilt it from scratch with new construction rentals.On this episode, you’ll hear how Jason pulled it off, why tenant screening is even more critical when you’re renting out brand-new homes, and the systems he uses to manage everything while traveling 8–9 months a year.https://rentalincomepodcast.com/episode535Thanks To Our Sponsors:Ridge Lending Group - Get A Free 30-Minute Strategy Session With Caeli Ridge.MidSouth HomeBuyers – Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One. (Priced between $100,000 to low $200's)Rental Accounting Software Made Easy. Free 30 Day Trial

With his job as a garbage man, Jeff Taz doesn’t get paid if he doesn’t work, so having another source of income was critical. Over the years, Jeff has faced some tough situations where his rental income allowed him to take time off without stressing about paying the bills.On this episode, Jeff shares how he built his portfolio by sticking to a simple strategy, buying one property a year. We talk about how he saved for down payments, what his numbers look like today, and we walk through exactly how he grew his portfolio from nothing to where it is now.https://rentalincomepodcast.com/episode534Thanks To Our Sponsors:MidSouth HomeBuyers – Turnkey Rentals In Memphis & Little Rock. Instant Cash Flow On Day One. (Priced between $100,000 to low $200's)Ridge Lending Group - Get A Free 30-Minute Strategy Session With Caeli Ridge.Rental Accounting Software Made Easy. Free 30 Day Trial