Join Steve in this episode of The Cashflow Project as he sits down with DeAnna Lee, a short-term rental investor and founder of Destination Dream Homes. DeAnna takes us on her inspiring journey into real estate investing, sharing her early experiences with house flipping and the strategic decision to purchase a duplex as her first home. Discover how a challenging flood incident transformed her perspective, leading her to explore the world of Airbnb rentals and remote property management. Tune in to gain wisdom from DeAnna's personal journey and discover the possibilities of short-term rentals and remote property management.
International Short-term rentals with DeAnna Lee
DeAnna is a real estate investor and entrepreneur who shares valuable lessons learned along her journey. She emphasizes the importance of having backups and contingencies in place, investing in the best team, and surrounding oneself with like-minded individuals. DeAnna discusses her international real estate ventures, including her experiences with financing properties and leveraging debt strategically. She highlights the power of visualization, gratitude, and setting goals. DeAnna also shares her current projects, a glamp site in Utah and a wellness retreat in the Dominican Republic, and invites interested individuals to reach out. She recommends seeking education and mentorship, and shares her personal story of overcoming challenges
About DeAnna Lee:
DeAnna Lee is the host of Destination Dream Homes and a passionate individual who combines her love for nature, design, and real estate to create unforgettable experiences for guests. She started her journey as a single mom, purchasing her first duplex and renovating it into a cherished home filled with memories. Over time, she discovered the potential to merge her interests into something remarkable—providing beautiful spaces and top-notch amenities for travelers. DeAnna's goal is to offer a stress-free vacation experience, allowing guests to unwind and enjoy every moment without worrying about the details. She strives to create an atmosphere of ease and relaxation, ensuring that her guests return repeatedly, building lasting memories with their loved ones.
Outline of the episode:
(0:02) - Welcoming a Passionate Real Estate Investor
(1:14) - Exploring the Exciting World of Real Estate
(5:55) - The importance of no borders in investing: Unleashing Opportunities in Short-term Rentals
(10:51) - The importance of level setting: Aligning Expectations for Success
(18:21) - Maximizing Returns and Weathering Storms
(22:29) - Building Dreams and Creating Experiences
(27:05) - The power of vision boards and visualization: Manifesting Success through Clarity and Gratitude
(33:56) - Learn from Mistakes and Prioritize Self-Care
(37:54) - Connecting, Overcoming Barriers, and Expanding Networks
Connect with DeAnna Lee …
Website: https://destinationdreamhomes.com/
YouTube: https://www.youtube.com/channel/UCu5gmWUfrXZ6QTMBud_Lf1Q
Instagram: https://www.instagram.com/destination_dream_homes/
Facebook: https://www.facebook.com/DestinationDreamHomes/
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The Cashflow Project
This is for busy professionals who are looking for financial freedom through passive income, with a focus on cashflow assets in Multifamily Real Estate. We will be covering a variety of topics such as buying, managing, and selling real estate assets, specifically apartments.
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