#246 - Low cost, turn-key 2-unit with over $2,000 net cash flow - Alvaro Berrios

Joining us for today's episode of Living Off Rentals is someone who has been in digital marketing for over ten years, but with the heart of a real estate investor. Alvaro Berrios wanted to work in the real estate space straight out of college, but when he graduated in 2010, the housing market was terrible. After working in the digital marketing space since college, he decided to take the plunge last year into high cash flowing short-term rentals. He joined the First Vacation Rental Investment Blueprint program and invested in his first property which was extremely budget friendly AND produces over $2,000/month of net cash flow! Listen as he explains how he found this deal, as well as his advice for investors who are looking for a super high cash cash-flowing short-term rental. Enjoy the show! Key Takeaways: [00:00] Introducing Alvaro Berrios and his background [04:49] What does the first property deal look like? [13:47] Alvaro's Vacation Rental Analyzer Spreadsheet [20:59] The misconception of investing in short-term rentals [25:08] Financing a Property [40:51] Alvaro's advice for first-time investors [43:58] Connect with Alvaro Berrios Guest Links: Website: https://alvaroberrios.com/   Alvaro’s Listings: The Enchanting Duplex: https://www.airbnb.com/rooms/1152876805867150691  The Mediterranean Oasis: https://www.airbnb.com/rooms/1137786685570433653 The Great Lakes Hideaway: https://www.airbnb.com/rooms/1137676781825775364  Show Links: Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals  Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast  Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals  Living Off Rentals Website – https://www.livingoffrentals.com/  Living Off Rentals Instagram – instagram.com/livingoffrentals  Living Off Rentals TikTok – tiktok.com/@livingoffrentals