The Active Duty Passive Income Podcast

ADPI_206: 3 Ways To Win In The STR Game With Joe Riley

Kevin Brenner & Chris Lockwood Episode 206

Use Left/Right to seek, Home/End to jump to start or end. Hold shift to jump forward or backward.

0:00 | 45:21

In this episode, Joe Riley of Patriot Family Homes joins Kevin and special guest Co-Host Chris Lockwood to break down how he turned a simple house hack into a MASSIVE nationwide short-term rental business. We talk pros, cons, and everything in between in this one. If you're thinking about getting into the short-term rental game or already have a few STRs working for you, you definitely won't want to miss this one. 

"Don't undervalue your asset...that's the biggest mistake I see over and over again. If you consistently chase 100% occupancy, you're going to end up selling yourself short."

Here are 5 Key Takeaways from this episode:

  • Figure out how to turn everyday things into cash-flowing assets
  • If you have an STR, don't sell yourself short to achieve 100% occupancy
  • Use software like PriceLabs to help adjust and track your pricing models
  • Buy, Manage, and Arbitrage - the 3 ways to get started in STRs 
  • STRs offer much more flexibility than traditional rental units (and cash flow more too)!

Honorable Mentions & Useful Links

Connect with Joe:

Are you looking for a loan for your next project? Look no further! Check out ADPI Financial Services for all of your residential and commercial lending needs!

No Time...No Worries! Get all the info you need now by texting DEAL to 33777

Get your 13-Week Action Journal using this special offer just for our faithful podcast listeners! 

Need help structuring your future Real Estate Empire? Click this special member's only link to book your FREE Consultation with a Senior Strategist at Anderson Advisors ($2,500 value)!

Helpful Resources

Connect with the ADPI: FacebookInstagram | YouTube

Support the show

ADPI was built by military members who realized something most people never question: trading time for money doesn’t lead to freedom.

So we built a different path.

Today, ADPI helps active-duty service members, veterans, and military spouses build passive income through real estate, entrepreneurship, and strategic investing. Inside the community you’ll find thousands of military investors who speak the same language of service, discipline, and execution.

The mission isn’t just buying properties.

It’s building a life with options.

More time with family.

More control of your future.

More impact in the community you serve.

If you’re active duty or a veteran and serious about using real estate to build lasting wealth, the ADPI Military Multifamily Cohort Program was built for you. We walk you through the entire process step by step, from building your team to structuring deals and going after properties that actually move the needle.

Book your free strategy call right now:

https://www.activedutypassiveincome.com/podcast-mma

No pressure. No pitch. Just a real conversation about where you want to go.

Follow ADPI for more stories, strategies, and lessons from military investors building real financial freedom.