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

2024-10-30

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...

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