Manage episode 330797577 series 3315316
Alex Breshears is an owner and cohost of short term rentals in the Mid-west and Mid-Atlantic. She also does private lending, where she lends money to active investors to acquire property, pay for renovations, or even the start-up costs associated with short term rentals. She has offered to lend money to other investors in her network for some of these start-up costs, in exchange, she will run the property until the loan is paid back, so private lending actually helped build her cohosting business. Alex also uses yield arbitrage, and take equity out of the properties she owns, and puts that money to work to help cover the expenses of the property without having to worry about guest stays solely covering the expenses of the properties.
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