Kirby Atwell is a former US Army Officer turned real estate investor and podcast host with a focus on short-term rentals!
Kirby starts with his experience in the military and jumping into real estate shortly after reading “Rich Dad, Poor Dad”! With over 100 renovated properties under his belt, he shares great insights on small and large flips including pros and cons of both options. Kirby discusses the midwest markets that he focuses on to maximize cash flow and how experimenting with a basement short-term rental led him to change his focus to STRs! He sprinkles in some STR horror stories and closes with a bullish take on owning vacation rentals in Michigan City.
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01:40 Housing Provider Tip - Take the CIC property management class!
03:56 Intro to our guest, Kirby Atwell!
11:04 Kirby’s first couple properties!
15:27 Kirby’s return to Chicago after the military!
19:22 Comparing small vs large flips.
26:12 Getting aggressive on acquisition.
32:34 Building a cash flow for financial freedom!
38:09 Experimenting with Short Term Rentals.
45:52 STR horror stories!
50:40 Deal flow in Michigan City.
56:28 Starting a podcast.
59:00 What is your competitive advantage?
60:07 One piece of advice for new investors.
61:06 What do you do for fun?
62:40 Good book, podcast, or self development activity that you would recommend?
63:40 Local Network Recommendation?
64:31 How can the listeners learn more about you and provide value to you?
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Connect with Mark and Tom: StraightUpChicagoInvestor.com
Email the Show: StraightUpChicagoInvestor@gmail.com
Guest Name: Kirby Atwell
Guest Company: Living Off Rentals
Guest Link: https://www.livingoffrentals.com/
Other Links for show notes:
Best Fit Homes (Network Referral)
The Almanack of Naval Ravikant (Book Recommendation)
