Episode #1142 Baselane: Automate your real estate finances with banking and AI-powered bookkeeping. Claim your $100 bonus! https://www.baselane.com/lp/bigger-pockets/?utm_source=bigger_pockets&utm_campaign=bigger_pockets&utm_medium=YT-M Episode Show Notes: https://lnk.to/biggerpocketsYT Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Let Us Know What You Thought of the Show! https://www.BiggerPockets.com/Podcastfeedback Grab the BiggerPockets Book on Self-Storage Investing, “Storing Up Profits”: https://store.biggerpockets.com/collections/new-collection/products/storing-up-profits?utm_source=owned_media Sign Up for the BiggerPockets Real Estate Newsletter: https://www.biggerpockets.com/email-subscribe?utm_source=youtube&utm_medium=description&utm_campaign=none Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders Why Self-Storage Beats Rental Properties: https://www.biggerpockets.com/blog/rookie-340?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Nate: BiggerPockets: https://www.biggerpockets.com/users/natew62?utm_source=youtube&utm_medium=description&utm_campaign=none Instagram: @caliconate or https://www.instagram.com/caliconate/ Website: https://calicocontent.com/ Connect with Tony: BiggerPockets: https://www.biggerpockets.com/users/tonyr75?utm_source=youtube&utm_medium=description&utm_campaign=none Instagram: @tonyjrobinson or https://www.instagram.com/tonyjrobinson/ Connect with Dave: BiggerPockets: https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none Instagram: @thedatadeli or https://www.instagram.com/thedatadeli/ Don’t buy rental properties? What if there were investment properties that made way more cash flow than rentals (we’re talking $2,000 or more per month)? These unique properties are often cheaper than rentals but command higher income. You don’t need any special skills to run one, and you can own them while working a full-time job, accelerating your track to early retirement. Want to know what they are? We’re giving the exact property types (and profits) in today’s episode. Tony Robinson, host of the "Real Estate Rookie" podcast, and Nate Weintraub, head of Calico Content and copywriter for BiggerPockets, both ditched the long-term rental route years ago. The stress, low cash flow, and speed to scale weren’t worth it. Tony went one route, buying short-term rentals and eventually scaling into a money-making boutique hotel. Nate decided he'd had it with toilets, so he bought the ultimate toiletless investment—a self-storage facility. Today, they’re sharing their profit numbers, rents, and the cost of their investments (which are surprisingly affordable). Plus, how many hours do these take to run? When Tony isn’t hosting our sister podcast, and Nate isn’t doing podcast SEO, how do they handle the day-to-day operations? And finally, can they convince Dave that long-term rentals aren’t superior? 0:00 Intro 1:26 No Toilets! No Tenants! 3:07 WAY Better Than Rentals? 7:26 Time Commitments 9:23 Sponsor: Baselane! 10:16 Up to $300K/Year in RENT! 15:30 Worth the Volatility? 16:01 Stability is the Advantage for LTR Investors 18:59 Finding These Properties 24:09 Can Regular People Do This? 26:37 Biggest Risks 31:15 Will They Ever Switch Strategies?