July 20, 2023

SERIES HIGHLIGHT - Short Term Rentals: The Next Phase of Your Investing Success? - Michael Porche

How can S.T.R.s help you achieve financial freedom? Not only can STRs (Short Term Rentals) be an accelerator for your financial freedom, they are becoming the cornerstone of many real assets investors’ portfolios. They are also increasing in popularity everyday! When @The Going Long Podcast Family checks out this SERIES HIGHLIGHT conversation with @Michael Porche you’re going to understand how STRs can be a strategic piece of your #longdistanceinvesting portfolio.
Billy Keels
CEO and Founder FGCP

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Going Long Podcast SERIES HIGHLIGHT Episode 335: Short Term Rentals: The Next Phase of Your Investing Success?

In the conversation with today’s guest, Michael Porche, you’ll learn the following:

 

  • [00:15 - 02:40] Show introduction with comments from Billy.
  • [02:40 - 08:21] Guest introduction and first questions.
  • [08:21 - 19:21] The backstory and decisions made that led Michael to this point in his journey.
  • [19:21 - 25:03] What it was that made Michael feel it was a good idea to invest beyond his backyard, right to the other end of the United States. 
  • [25:03 - 28:33] Some of the questions you should be asking yourself so that you can be assured that you are going in the right direction to get where you want to be.
  • [28:33 - 33:22] The difference between long term and short term rentals in terms of management and the pros and cons.
  • [33:22 - 35:20] Michael’s education program in which he educates people about short term rental investing. 

Here’s what Michael shared with us during today’s conversation: 

 

  • Where in the world Michael is based currently: Meridian, Idaho.
  • The most positive thing to happen in the past 24 hours: Made an amazing connection and got to sit down and talk with a very highly experienced and successful investor and entrepreneur who shared some priceless information! 
  • Favourite European City: Amsterdam, The Netherlands. 
  • A mistake that Michael would like you to learn from so that you don’t have to pay full price: Acknowledge the reality of who you are and what your talents and tendencies are, and work with people that can do all the things that you don’t excel at.
  • Book Recommendations: $100M Offers, by Alex Hormozi. 

Be sure to reach out and connect with Michael Porche by using the info below:  



To see the Video Version of today’s conversation just CLICK HERE.

 

How to leave a review for The Going Long Podcast: https://youtu.be/qfRqLVcf8UI 

 

Start taking action TODAY so that you can gain more Education and Control over your financial life.

 

Are you an Accredited Investor that’s tired of getting crushed by paying so much in income tax? Find out how we’re helping others like you keep Uncle Sam out of your pocket. Go to https://www.firstgencp.com/goinglong

 

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Episode Transcript

Billy Keels
Strategic Advisor, Entrepreneur, and Investor
Billy is on a mission to share a roadmap and opportunities with other extremely busy, high-performing professionals on how to find freedom and live the life they desire. Listen in to learn how!
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