201: Unlocking Passive Income with CASTR
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Welcome back to another episode of the Real Estate Investing School Podcast! Today, we’re joined by Lamè Kinikini, the mastermind behind Elk Ridge Management and Holdings, and someone who’s made waves in the real estate world, earning the nickname “Short Term Rental King.” Lamè shares his inspiring journey from his early days in door-to-door sales to building a real estate portfolio worth over $15 million using creative financing strategies. Lamè’s story starts with his first short-term rental property, where he quickly saw the potential for passive income. From there, he scaled his portfolio, using creative finance techniques and leveraging other people’s money to fuel his growth. One of his signature strategies, the CASTR method (Creative Acquisitions + Short-Term Rentals), has allowed him to generate impressive cash flow while providing value to investors. In this episode, Lamè dives deep into the short-term rental market, sharing expert tips on how to succeed in this competitive space. He also talks about the importance of diversifying client sources beyond platforms like Airbnb, and how offering executive stays and professional contracts can unlock new opportunities. Together, Joe and Lamè also discuss the significance of building authentic relationships in business and the importance of buying properties right in today’s challenging market. If you’re struggling to find deals or have questions about financing, this episode is packed with insights you won’t want to miss. Ready to take your real estate investing game to the next level? Book a free one-on-one strategy call with one of our experienced coaches and see how we can help you grow your portfolio, no matter your experience level! Book a free real estate investing strategy call! No experience necessary.) Check out the Real Estate Investing School Youtube) Real Estate Investing School Instagram) Brody’s Instagram) Joe’s Instagram) Lamè's Instagram)