638: Making a Profitable Pivot Out of Regular Rentals and into Vacation Investing

<p>Rental property investing is a great way to make <a href="https://www.biggerpockets.com/blog/cash-flow" rel="noopener noreferrer" target="_blank"><strong>cash flow</strong></a>, or so it seemed in the pre-2022 world.<strong> Interest rates</strong> are rising, <strong>home prices</strong> have skyrocketed, and <strong>rent can’t keep pace</strong> with this market. <a href="https://www.biggerpockets.com/blog/rookie-podcast-113-brian-davila" rel="noopener noreferrer" target="_blank"><strong>Brian Davila</strong></a> saw this in his portfolio and knew he needed to do something about it.<strong> Buying “traditional” rental properties wasn’t going to cut it</strong>, especially when the monthly cash flow was a measly few hundred dollars. How many houses would it take to grant him a life of <strong>financial freedom</strong>?</p><p>To most people, Brian Davila looks spoiled for choice. He’s a young guy, doing<strong> forty or so flips per year</strong>, bringing in big active and <a href="https://www.biggerpockets.com/blog/passive-real-estate-investing" rel="noopener noreferrer" target="_blank">passive income</a> checks. If you think that Brian can’t relate to the average investor, you’re wrong. Brain<strong> immigrated to the United States at just six years old</strong>, <strong>dropped out of high school</strong> in the ninth grade, and had his <strong>first child at nineteen</strong>. He was working at Las Vegas day clubs making ten dollars an hour before he decided to become a real estate agent.</p><p>After cold calling hundreds of sellers a week, Brian was able to grow his clientele and eventually become a <strong>top agent</strong>. The only problem? <strong>He had no time for his family.</strong> He made the switch to start flipping and buying long-term rentals but had to pivot once again to a different strategy that would make him more cash flow even as home prices rise. Brian knows what it takes to become <strong>very successful in real estate in a short amount of time</strong>, and if Brian can d