Welcome to another episode of How Real Estate Changed My Life! This time, we’re joined by Jeff Chisum, a professional mortgage originator who specializes in short-term rental financing and is also a successful short-term rental owner. In this episode, Jeff shares his unique journey in the real estate space, focusing on how short-term rentals became a game-changer for both his career and personal wealth.
He dives into the ins and outs of short-term rental financing, offers insights into building a portfolio, and explains how owning property in different locations has shaped his success. If you're looking for actionable advice on short-term rentals and real estate investment, this episode is a must-listen!
About Jeff Chisum
Jeff is a seasoned mortgage professional with a focus on short-term rental financing. As an owner and investor in the space, he brings a practical perspective to the table.
Jeff’s expertise in both the financial and operational sides of short-term rentals has helped him build a successful portfolio and create lasting wealth. His story highlights the power of blending financial know-how with strategic real estate investing.
Timestamps: [00:00 - 01:33] - Intro [01:34 - 09:29] - Who is Jeff and What Does He Do? [09:30 - 15:43] - Surprising Hurdles in the Home Prep Process [15:44 - 17:38] - Is Market Research the Key to a Successful Rental? [17:39 - 22:55] - What Does the Typical Short-Term Rental Investor Look Like? [22:56 - 26:30] - Second Home Mortgages: How Income Requirements Compare to Traditional Loans [26:31 - 30:20] - Referrals, Networking, and Tax Benefits: The Recipe for Short-Term Rental Success [30:21 - 38:43] - Managing a Property from Afar: How to Stay Comfortable with Remote Rentals [38:44 -41:00] - From Airbnb to Word of Mouth: How Guests Discover Short-Term Rentals [41:01 - 47:08] - Short-Term vs. Long-Term Rentals: How Banks Determine Rental Income Potential? [47:09 - 50:53] - Leveraging Reviews and Data: How to Make Your Rental More Attractive? [50:54 - 52:50] - How Can People Reach Jeff [52:51 - 53:43] - Outro
Resources:
Jeff's LinkedIn: https://www.linkedin.com/in/jeff-chisum-92063217/ The STR Home Financing Podcast: https://podcasts.apple.com/us/podcast/the-str-home-financing-podcast/id1658379195
Connect with Kyle and his team!
Apple: https://bit.ly/HRECMLApple Spotify: https://bit.ly/HRECMLSpotify iHeart: https://bit.ly/HRECMLiHeart Podbean: https://bit.ly/HRECMLPodBean YouTube: https://www.youtube.com/@McCawPropertyManagement
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