the Reliable Opportunity Investment (ROI) Podcast

the Reliable Opportunity Investments (ROI) Podcast

Hey, my name is Vernon Corum (aka the Short Term Pro) I'm known for my ability to take "Short Term Rentals" and make them profitable fast. I spend years trying to develop systems and processes for my business and I try to drop as much knowledge for you guys as I can to help you save time and be more successful. www.vernoncorum.com is how you access my private community. read less
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Episodes

#3 - Keep It Simple Stupid (Feat. Tyrel Holman)
4d ago
#3 - Keep It Simple Stupid (Feat. Tyrel Holman)
Episode Description: Join us for an enlightening episode of the Reliable Opportunity Investments Podcast featuring Tyrel Holman, a local short-term rental expert and celebrity. In this candid conversation, Tyrel shares his journey from an everyday guy with a dream to a successful STR entrepreneur. Discover the crucial insights he offers, including the importance of the "one-bedroom sweet spot," the reality of passive income, and strategies for self-managing your properties. We dive deep into what creates exceptional guest experiences that lead to glowing reviews, how to identify reliable investment opportunities, and why the Smoky Mountains are a prime location for STRs. Tyrel reveals his systems and processes, addresses common misconceptions, and emphasizes the significance of flexible pricing and unique selling experiences. Plus, he shares humorous stories from his STR journey, discusses his vision for future investments, and explains why he believes anyone can succeed in this industry. Whether you're a seasoned investor or just starting out, this episode is packed with valuable insights to elevate your STR game! Key Moments: Tyrel Holman “Anybody Can do this” ROI Event coming up2:45 You’re a normal guy with a dream 3:50 That 1 Bedroom Sweet Spot 5:00 Reality of passive income 5:30 Self managing 6:45 What do you do to go the extra mile for the guest? 8:20 What gets the GOOD reviews? 10:00 How do you look for Reliable Opportunities To Invest in? 10:40 What do you look for with reliability?  12:15 Why the Smoky Mountains? 14:50 How did you get started in STR’s? 16:20 Why do so many engineers manage short term rentals? 16:45 What are some of your systems and processes? 18:30 What was your biggest fear when you got started? 19:00 Funny bad reviews? 21:30 How do you get repeat guests? 23:00 What do people get wrong 24:00 Flexible pricing is key 25:00 Trade secrets 26:00 Hot tubs are CRUCIAL 28:00 What experience are you selling? 33:28 What type of guest is your typical guest? 36:10 If I gave you 0.5 Million dollars what would you buy? 37:30 What’s next for the Smokies? 39:00 If there is another area besides Smokies where would you buy? 41:00 What’s next for your portfolio?41:22 Tell us about flipping houses? 44:00 Is there a second wave coming? 45:00 How deep do you research? 46:50 Can ANYBODY get involved in STR’s? 49:15 Where should they start? 52:00 What’s been your biggest mistake so far? 53:20 What questions should someone ask the gurus? 56:00 What is your purpose?
#2: Charles Gorman (Humble Beginnings, A Little Luck, and Wisdom from Homer)
Sep 16 2024
#2: Charles Gorman (Humble Beginnings, A Little Luck, and Wisdom from Homer)
Episode #2: Charles Gorman / Humble Beginnings, A Little Luck, and Wisdom from Homer In tonight's episode, hosts Vernon Corum and Drew Finchum sit down with South Knoxville's very own real estate powerhouse, Charles Gorman. Charles shares his journey from his humble blue-collar roots to becoming a successful investor, all while staying true to his love for South Knoxville and the community. In this captivating conversation, Charles opens up about: The value of family and why giving back to the community is at the heart of everything he does.The power of hard money lending and how it's helped shape his investment strategy.The concept of clustering properties—a game-changing investment strategy he learned from his 70-year-old mentor, Homer, who imparted timeless wisdom that transformed Charles' approach to real estate. Whether you're a seasoned investor or just starting out, the practical insights and inspiring story behind Charles' success make this an episode you simply can't miss! 🎙️ Tune in now for a blend of inspiration, real estate strategy, and down-to-earth wisdom. This episode will leave you motivated to think bigger and smarter about your future investments. #ROIpodcast #CharlesGorman #RealEstateInvesting #SouthKnoxville #HardMoneyLending #ClusteringProperties #InvestmentStrategies #HumbleBeginnings #GenerationalWealth #RealEstateMentor #BlueCollarSuccess #PropertyInvestment #PodcastCommunity #InvestInYourself #Entrepreneurship Listen now and share with friends! 3:00 Blue Collar Roots 6:30 First Investments 8:30 Fixer Upper to Helper 10:00 When did it click? 70 Year Old Homer 11:45 Investment Start Cluster Properties Crappy Victorian House 16ish? Take opportunities when they’re given 18:00 My first home and a little luck The SoKno story is born 19:55 I still live in my first investment Walk quiet and carry a big stick 21:35 What are some lessons you’ve learned along the way? 22:40 What is Hard Money? 24:15 Have you ever had a bad investment? When to make the deal. 26:30 How many properties do you have now? 27:20 Interesting Find with a property 29:00 Plans for SoKno Turning Clunkers into Hunkers 31:00 Eco-Experience Consulting around properties 33:50 What was your best investment? 35:45 What is a reliable opportunity investment to you? 38:00 Hard money lending + Properties 40:40 Have you tried Mid-Terms? 42:14 Strainger Things? 44:15 Tell us about SoKno and what it means to you. 47:00 Tell us about the SoKno investor group 50:45 How important is it to stay connected to your roots? The “Go Giver” by Bob Burke