Why Vacation Markets Are Killing Your Cash Flow (And What to Buy Instead) with Kirby Atwell

Many investors flock to popular vacation spots, but today's discussion highlights how these markets can hurt long-term passive income. In this episode, Kirby Atwell joins Russ and Joey to share insights into why vacation markets might be undermining your cash flow and what smarter investments you should focus on instead.Kirby explains the "1% rule" for vacation rentals and why small multi-unit properties are a better option for high nightly rates and stability. Learn how to choose the right areas that deliver consistent returns without the volatility of mainstream vacation spots.Stop letting vacation markets drain your profits. Take action now to build a more stable and lucrative real estate portfolio.Top three things you will learn:-Why vacation markets can lead to inconsistent cash flow-The benefits of investing in small multi-unit properties for short-term rentals-How to identify smarter investment opportunities for more reliable returnsAbout Our Guest:Kirby Atwell served 11 years on active duty in the U.S. military. In 2011, he left the service, and while working on his MBA, he started his first real estate investment company, focused on buying distressed properties, renovating, and selling them.While working in this first business that required constant hustle, Kirby realized there was a better way to achieve success without sacrificing everything else. Today, he buys high-cash-flowing, "non-traditional" vacation rentals, and teaches others how to do the same, watching their lives change for the better as a result.Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.The hosts may have a financial interest in the programs or services mentioned in this episode.Connect with Kirby Atwell:- Website - https://www.wealthwithoutwallstreet.com/kirby💸 Build a Passive Income Machine in 3 StepsStop trading hours for dollars and start building wealth the way the wealthy actually do 👇🧬 Step 1 – Find out what kind of investor you actually areThere are no good or bad investments, only good or bad investors. Take the Investor DNA assessment and get your investor type, your personal buy box, and the top 2 passive income streams that fit how you’re wired, plus the first move to make this week.👉 http://wealthwithoutwallstreet.com/investor-dna👀 Step 2 – Learn the system in 12 minutes (free)In 12 minutes flat, see the Infinite Banking Concept that took Russ and Joey past $50,000/month in passive income: how to recycle the dollars you’re already spending and make them work twice, so the same money funds your life and buys your assets.👉 https://apply.wealthwithoutwallstreet.com/📈 Step 3 – Build Your Passive Income MachineWe didn’t inherit this. Russ and Joey built the system themselves and now collect over $50,000/month in passive income. Inside the Passive Income Lab, we hand you that exact system and work with you 1-on-1 for 12 weeks to install it: your Freedom Number, your Family Bank, and a real deal pipeline in the next 90 days.👉 http://choosePassiveIncome.comMore free ways to grow your wealth📊 Take the Financial Freedom AnalyzerTwo minutes to see your Freedom Number, your current gap, and what has to change to close it.👉 quiz.wealthwithoutwallstreet.com👥 Join Our Free CommunitySwap deals and lessons with 10,000+ investors doing this right now👉 http://wealthwithoutwallstreet.com/community😡 Paying $250K+ in taxes? Stop the bleed.Apply for the next Tax Strategy Intensive and keep more of what you earn.👉 wealthwithoutwallstreet.com/tax📘 The book: Wealth Without Wall Street: 3 Steps to Freedom Through Passive Income👉 wealthwithoutwallstreet.com/newbook📸 Daily plays on Instagram @wealthwithoutwallst▶️ Watch on YouTube https://www.youtube.com/@WealthWithoutWallStreet?sub_confirmation=1📧 Subscribe on Substack https://wealthwithoutwallstreet.substack.com/