On today's episode of Cash Flow Diary, J. Massey explores the habits and mindsets that are holding you back from scaling up and growing your short term rental empire. Despite a hunger for knowledge and self-improvement, many individuals find themselves stuck in unproductive routines that hinder their progress. J offers actionable advice for breaking free from these patterns and shifting your mindset towards growth and success. Also in this episode:  Suffering leads to perseverance The...

On today's episode of Cash Flow Diary, J. Massey hosts a Q+A session about how working with the short term rental industry can help anyone generate the wealth they seek.  During this Q+A session with clients, J answers a wide range of questions from clients and provides answers and strategies they can use to help them start building their own short term rental empire. Also in this episode: How do you leverage what you already have Using referral codes for Uber and Lyft to make your rental...

On today's episode of Cash Flow Diary, J. Massey hosts a Q+A session with coaching clients about the first steps needed to build your short term rental empire. There are a lot of steps involved when it comes to building your short term rental empire. During Q+A calls with coaching clients, J shares the importance of changing your mindset and how it will have an astronomical impact on your business over time. Also in this episode: You don't rise to the level of your goals; you fall to the...

On today's episode of Cash Flow Diary, J. Massey hosts a Q+A session with coaching clients about storage solutions for their gold and Silver. When it comes to storage for gold and silver J Massey has heard it all. J speaks with a group of coaching clients and provides advice on safely storing your gold and Silver without burying them in the backyard. Also in this episode: The reason why coin shops often next to gun shops Why is Silver counterfeited less than gold  Even Benjamin Franklin...

On today's episode of Cash Flow Diary, J. Massey shares why he enjoys teaching families how to generate wealth to achieve finical freedom within the short term rental industry. In this episode of Cash Flow Diary, J. Massey shares why he enjoys teaching families how to generate wealth to achieve financial freedom within the short term rental industry. Anytime J is being interviewed; he is always asked the same question "why do you do what you do?" Something J tells his team all the time "the...

In this episode of Cash Flow Diary, host J Massey was left speechless by an unbelievable tale about  property damage that occurred from a coaching client working in the short term rental industry. During a Q+A session with coaching clients, J Massey guides coaching clients as they build their short term rental empire. J thought he had heard everything while working in the short term rental industry. J would never have thought that a customer would remove a piece of the property from a short...

In this episode of Cash Flow Diary, J Massey teaches you how to get rich quickly while working in the short-term real estate industry. When most people hear the term "get rich quick," they think they are being scammed. However, shifting our mindset on how we think about this phrase can drastically affect your ability to be successful at growing a big enough short-term rental portfolio which is also sustainable and can support your lifestyle.  Also in this episode: How nothing has any...

In this episode of Cash Flow Diary, J Massey hosts a Q+A with coaching clients about what to do when somebody is smoking in your unit and how you can remedy the situation. When running your short term real estate empire, the majority of your guests will come and go with no complications.  Occasionally, however, you will have a guest who breaks some of the agreed-upon rules and J shares his personal tips on how you can approach the confrontation behind somebody smoking in your short term...

In this episode of Cash Flow Diary, J Massey discusses how you can negotiate your short term real estate until lease.  When it comes to renting out Short Term Real Estate Units, knowing how to negotiate a lease is extremely important to know. J hosts a q+a session with coaching clients and provides the tips and tricks on negotiating short term real estate leases to maximize your return on investment. Also in this episode: The differences between a net lease and a lease  Factoring in...

In this episode of Cash Flow Diary, J Massey shares security tips for renting out your short term rental unit. Have you ever wanted to start hosting guests, but have safety or property damage concerns? J shares his experience with this kind of scenario when he rented a short term property. He also provides you with a walk-through on how to improve the security for your own property. Also in this episode: The problem with lockboxes Using new technology for noise detection How to prove that...

In today's episode of Cash Flow Diary, J Massey shares insider secrets on making your short-term rental property profitable. Furniture is one of the biggest expenses when getting your short-term real estate empire off the ground. Guest expert, Rebecca, joins J to give you all the insider tips and tricks you need to furnish your short term rental without breaking the bank. Also in this episode: Why you should let your designer make all the furnishing decisions When should you get a...

In today's episode of Cash Flow Diary, host J. Massey explores what happens to your short term real estate empire when it's time for somebody else to take over.  A lot goes into building your short-term rental empire, from getting your business up and running to day-to-day operations. Unfortunately, many business owners don't plan for what happens when they can't or don't want to keep running it. During a call with coaching clients, J. answers questions and provides tips and advice about...

On today's episode of Cash Flow Diary, J. Massey explores the scenario that all entrepreneurs will come across "to have a business partner, or not to have a business partner." During a session with coaching clients, J helps a client navigate a situation with their friend who wants to become their business partner and he shares advice on avoiding the many pitfalls which can come from this sticky scenario.  Also in this episode:  The risk of not being prepared You need to have a clear...

In this episode of Cashflow Diary, host J Massey, speaks with a group of coaching clients about the importance of having a customer service manager to scale your short term real estate industry. The key to a successful short-term rental empire is to build a base of satisfied, loyal customers. But, as an entrepreneur, you must first know where your business starts and ends with a customer. During a recent call with coaching clients, we discussed the importance of hiring a dedicated customer...

In this episode of Cashflow Diary, host J. Massey, speaks with a group of coaching clients about technology and its impact on the short term real estate industry.  Advancements in technology have changed the way we do business on every level. To successfully run your short-term real estate empire, you must keep up with trends and advancements.  Also in this episode: The various apps customers use to book short term rentals The different ways to raise capital  Potential security threats...

In this episode of Cashflow Diary, host, J.Massey, discusses how you can talk about money without feeling uncomfortable during the conversation.  Talking about money makes many people uncomfortable, and many choose to avoid it altogether. However, when you run your short term real estate empire, you will inevitably have to communicate about money. It is important to remember that most people need the financial understanding you do and to keep that in mind, so your communication is clear and...

On this episode of Cashflow Diary, host, J. Massey, discusses why and how you must measure your financial progress when working in the short-term real estate industry.  Unfortunately, it is very easy to lose focus on the day-to-day running of your business. During a Q&A session with coaching clients, I share strategies and tools to best keep track of your financial progress and how to maximize your profits.  Also in this episode: The difference between revenue and income How much of...

As you grow your short-term real estate empire, you will come to a crossroads. Should you invest in a cash-flow business, or should you focus on growing your business? This question came up during a recent Q+ A with coaching clients and I share my experience purchasing several cash-flow companies. Make sure you listen to this before you take the next step in building your empire! Also in this episode: The challenge of building an online presence The number one skill of any entrepreneur is...

When renting out a short term, you need to acknowledge that your tenants are there for different reasons and lengths of stay. No two tenants are alike and neither is how much stuff they have. Storage units are great for storing valuable assets and they are a spectacular value add for someone looking to have an edge on the competition. During a coaching session with clients, I answer their questions about their tenants' storage and provide tips and tricks I have learned along the way. Also in...

When you are building your short-term rental empire, you will work alongside many tenants. As a result, various scenarios will arise that will need creative problem solving. During a coaching session with clients, they share their experiences and ask for advice on handling their situations with their tenants. I offer creative solutions and guidance to ensure they protect their property, reputation, and short-term real estate empire. Also in this episode: What can you write off when your...

When customers rent one of your short-term rentals, you want to do everything you can to keep them coming back as repeat customers. In this Q+A with coaching clients, I answer questions about what makes a repeat customer tick, and how you can go above and beyond to keep them coming back for more. Also in this episode: The importance of getting corporate customers Making an intentional decision to believe what you believe When it is time to take a break  What amenities to offer your guest ...

The ability to stand out, and offer your business something different can help you run a successful short-term rental business. During a coaching call with clients, we discuss the many kinds of different services or amenities we can offer our guests. Also in this episode: you  Automate as much of the process as you can Unique offers like: birthday packages, sending flowers sent to the unit What to charge for parking What amenities do guests except  Subscribe To The Show Apple...

During a recent coaching session with my clients, they had questions about the Reddit GameStop Saga that was so heavily covered in the media. I explain how short sells and the Gamestop stock are interconnected in today's episode. I also answer questions about how we can minimize our risk regarding what stock we invest in and who rents our short-term rentals. Also in this episode: Elon Musk hates short sellers Buy back shares Redditors like to do their research Subscribe To The Show Apple...

Every short-term rental owner is familiar with the feeling of being scratched if a guest writes bad reviews about their property. It's disheartening, but it's also normal. No owner wants a bad review, but it can't be controlled. Regardless, what you do next is critical because these reviews can cause a lot of damage to your business. The question is, How do you respond when clients leave a bad review about their experience? Join our episode today and listen as we discuss some tips and tricks...