
Sandy Lee shares her journey of retiring early through short-term rental investments and her 'Path of Progress' strategy.
In this episode of Living Off Rentals, we are joined by someone with nearly 30 years of experience in the engineering and construction industry. Sandy Lee is a former engineer and construction professional who retired early by building a portfolio of just four short-term rental properties. She discovered short-term rentals, developed what she calls the "Path of Progress" strategy, and created enough passive income to leave her full-time job. Listen as Sandy shares how she transitioned out of her corporate career, the lessons she's learned as a short-term rental investor, and why keeping your investing strategy simple can lead to financial freedom. Enjoy the show! Key Takeaways: [00:00] Introducing Sandy Lee and her background [02:40] Getting into short-term rental investment [04:24] Buying her first short-term rental property [06:41] What gave Sandy the confidence to purchase a big rental investment [10:35] Looking beyond today's cash flow when buying properties [12:20] Determining if a property is going to appreciate in cash flow [18:29] Importance of hiring a revenue manager [20:24] Hospitality is the most important part of the business [21:55] How does she get high reviews…
Host: Kirby Atwell
Guest: Sandy Lee
Organizations: Living Off Rentals
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