AIE 121: Moving Out of Your STR for Guests is Sweat Equity

<p>Bryce Garcia has an interesting take on house hacking. He moves our of his primary home so short-term rental guests can stay there. In Austin, TX, where Bryce lives, stays can be shorter than 30 days if it’s your home. Moving out of your STR for guests is a type of sweat equity, according to Bryce. What do you think? He touches on having mentors, networking, meeting people, anf forming your personal finance, investing, and real estate circle. Lauren and Bryce touch on the impact of luck on success. Bryce goes on to tell Lauren about his second STR, which is in Myrtle Beach, and building a new team in a second market. You&#39;ll learn how to have a full time job and manage your own STRs. Basically, 90% of the work for STRs is done up front. He doesn’t spend too much time on the business, so he doesn’t really get sick of it. But he&#39;s also proactive, especially when managing his calendar.</p> <p><br></p> <p><strong>About Bryce:  </strong></p> <p>Bryce Garcia didn&#39;t know about real estate until the pandemic hit. When his sales pipeline dried up because of the lockdowns, he realized he needed more income sources. He took action and moved to Austin to buy his 1st house hack. He then bought a beach house and is looking for his 3rd short-term rental. Bryce has been writing about his experience on Twitter and started a newsletter about running short-term rentals with a full-time job.</p> <p><br></p> <p><strong>Connect with Bryce:</strong></p> <p><a href="https://twitter.com/BryceWGarcia">https://twitter.com/BryceWGarcia</a></p> <p><a href="https://www.instagram.com/brycecold12/">https://www.instagram.com/brycecold12/</a></p> <p><br></p> <p>If you liked this episode, you will also like episodes 153 (House Hacking) and 163 (FOMO and Friends).</p> <p><br></p> <p><strong>Subscribe on YouTube: </strong>https://www.youtube.com/@adultingiseasy </p> <p><br></p> <p><strong>Sponsored by: </strong>https://touchstay.com/</p> <p><br></p> <p><strong>Sign Up for PriceLabs and/or OwnerRez:</strong></p> <p>OwnerRez: <a href="ht