The 5 Best Rental Properties to Invest In (And Which Ones to Avoid)

The Realtor Retirement Plan, Tropical Storm Debby, and Giving Back with Alex Krumm

Are you trying to figure out how to retire in an industry that doesn't offer a pension? In this episode of SlumDogg Millionaires, hosts Desiree and Kayla sit down with their broker and mentor, Alex Krumm of NextHome. Alex shares his unbelievable journey from growing up in Alaska to running a massive real estate brokerage in Sarasota. He breaks down the true "Realtor Retirement Plan" and explains how leveraging time, money, and people to build an investment portfolio is the ultimate wealth-building strategy. Alex also opens up about the resilience of his community following the devastating flooding from Tropical Storm Debby, and shares the heartwarming mission behind his non-profit, Thanks for Giving Trees. 🎧 Hosted by: Desiree & Kayla 🎤 Featuring: Alex Krumm, NextHome 💡 What You’ll Learn in This Episode: ✔️ The Accidental Realtor: How Alex got his start in real estate at 26. ✔️ The Chili's Pivot: How Kayla transitioned from nursing school to real estate. ✔️ The Retirement Plan: How to leverage property investments to earn your retirement. ✔️ Community Resilience: How agents stepped up to help neighbors after Tropical Storm Debby. ✔️ Thanks for Giving Trees: The inspiring story behind Alex's 501(c)(3) charity. 🎙 Connect with Alex Krumm: 🌐 Website → https://nexthomeexcellence.com/ 📸 Instagram → https://www.instagram.com/therealalexkrumm/ 🔗 LinkedIn → https://www.linkedin.com/in/alex- [https://www.linkedin.com/in/alex-crum]Krumm 🎙 Follow SlumDogg Millionaires: 🌐 Website → https://desireedoggett.sarasotahousehunt.com/ 📘 Facebook → https://www.facebook.com/people/SlumDogg-Millionaires/61576754805249/ 📸 Instagram → https://www.instagram.com/deztin8cion 🔗 LinkedIn → https://www.linkedin.com/in/desiree-doggett-46776814/ 📘 Facebook → https://www.facebook.com/kaylaLovestoSell/ 📸 Instagram → https://www.instagram.com/kaylalamb1217/ 🔖 Don’t Forget to LIKE 👍, SUBSCRIBE 🔔 & COMMENT 💬 Below! 💎 Produced by Icons of Real Estate → https://iconsofrealestate.com/ [https://iconsofrealestate.com/]

The 5 Best Rental Properties to Invest In (And Which Ones to Avoid)

Are you ready to build a real estate empire but don't know where to start? In this episode of SlumDogg Millionaires, hosts Desiree Doggett and Kayla Lamb break down the top 5 investment properties they manage in Florida and exactly what it takes to run them. Des and Kayla cover the pros and cons of single-family annual rentals, luxury short-term seasonal rentals, small multifamily house-hacking, transient hotel-style properties, and massive land development. They also discuss the hidden costs of property management—including Florida's 13% tourism tax—and share their favorite (and least favorite) properties to manage. Stick around to hear a jaw-dropping story about a luxury turnover that involved a naked intruder on the couch! 🎧 Hosted by: Desiree Doggett & Kayla Lamb 💡 What You’ll Learn in This Episode: ✔️ Why single-family homes with no HOAs are the safest bet for new investors. ✔️ The intense, hands-on reality of managing luxury short-term rentals. ✔️ Why duplexes and fourplexes have the lowest vacancy rates and the most loyal tenants. ✔️ The highly profitable "transient property" model that completely bypasses the eviction process. ✔️ How to transition from a tenant to a homeowner, and eventually to a real estate investor. 🎙 Follow SlumDogg Millionaires: 🌐 Website → https://desireedoggett.sarasotahousehunt.com/ [https://desireedoggett.sarasotahousehunt.com/] 📘 Facebook → https://www.facebook.com/people/SlumDogg-Millionaires/61576754805249/ [https://www.facebook.com/people/SlumDogg-Millionaires/61576754805249/] 📸 Instagram → https://www.instagram.com/deztin8cion [https://www.instagram.com/deztin8cion] 🔗 LinkedIn → https://www.linkedin.com/in/desiree-doggett-46776814/ [https://www.linkedin.com/in/desiree-doggett-46776814/] 📘 Facebook → https://www.facebook.com/kaylaLovestoSell/ [https://www.facebook.com/kaylaLovestoSell/] 📸 Instagram → https://www.instagram.com/kaylalamb1217/ [https://www.instagram.com/kaylalamb1217/] 🔖 Don’t Forget to LIKE 👍, SUBSCRIBE 🔔 & COMMENT 💬 Below! 💎 Produced by Icons of Real Estate → https://iconsofrealestate.com/ [https://iconsofrealestate.com/]

High-End Luxury Auctions and Selling in 90 Days with Trey

Are you intimidated by the idea of real estate auctions? In this episode of SlumDogg Millionaires, hosts Desiree and Kyla are joined by Trey from JP King to discuss the high-end luxury auction process. Trey explains how the auction timeline goes from start to finish in a 90-day window. He details how contracts are cash transactions with no contingencies, and buyers have plenty of time upfront for inspections. He also clears up the misconception that agents don't get paid during auctions. From delivering an auctioned airplane to the Canadian border to helping an elderly man move into a memory care facility with his wife, Trey shares the unique experiences that make his career so fulfilling. 🎧 Hosted by: Desiree & Kyla 🎤 Featuring: Trey, JP King 💡 What You’ll Learn in This Episode: ✔️ The Timeline: How the luxury auction process operates within a 90-day window. ✔️ Cash Contracts: Why auctions use cash transactions with no contingencies. ✔️ Sight Unseen: Why 40% to 50% of buyers purchase auction properties sight unseen. ✔️ Agent Payouts: How listing and buyer's agents still receive their commissions. ✔️ Aviation Charity: How private pilots volunteer to transport medical patients and veterans for free. 🎙 Connect with Trey: 🔗 LinkedIn → [Insert LinkedIn Link] 🌐 Website → [Insert Website Link] 🎙 Follow SlumDogg Millionaires: 🌐 Website → https://desireedoggett.sarasotahousehunt.com/📘 Facebook → https://www.facebook.com/people/SlumDogg-Millionaires/61576754805249/📸 Instagram → https://www.instagram.com/deztin8cion 🔗 LinkedIn → https://www.linkedin.com/in/desiree-doggett-46776814/ 📘 Facebook → https://www.facebook.com/kaylaLovestoSell/ 📸 Instagram → https://www.instagram.com/kaylalamb1217/ 🔖 Don’t Forget to LIKE 👍, SUBSCRIBE 🔔 & COMMENT 💬 Below! 💎 Produced by Icons of Real Estate → https://iconsofrealestate.com/ [https://iconsofrealestate.com/]

The "Beds vs. Doors" Cash Flow Hack with Jim

Are your traditional rentals struggling to cash flow? Retired from the standard landlord grind, 25-year real estate veteran Jim joins Kayla and Desiree to share how he successfully operates 14 highly profitable sober living homes. In this episode, Jim breaks down his transition from the BRRRR method to the "Beds vs. Doors" model, where he maximizes his returns while providing a life-changing service to those in recovery. You'll learn the logistics of outfitting a group home, navigating state regulations, implementing non-negotiable house rules, and leveraging technology like Sobriety Hub to eliminate paperwork. From securing non-refundable fees from rehab clinics to paying it forward through his nonprofit, the Sober Living Coalition, Jim provides a masterclass on building a purpose-driven real estate empire. 🎧 Hosted by: Kayla & Desiree 🎤 Featuring: Jim, Real Estate Investor & Sober Living Operator Jim Boad is the founder of Group Home Accelerator, a program focused on helping entrepreneurs launch and grow recovery and group homes. He has been involved in opening multiple group homes in recent years and provides guidance on property acquisition, operations, and scaling housing businesses that serve community needs. 💡 What You’ll Learn in This Episode: ✔️ The Transition: Why the sober living model outperforms standard long-term rentals. ✔️ Cash Flow Strategy: How charging per bed guarantees income and eliminates vacancy. ✔️ House Operations: Why you should hire part-time employees instead of using peer-run house managers. ✔️ Technology: Using CRM systems to process intakes directly from rehab clinics. ✔️ Mindset & Charity: How Jim helps residents launch careers in high-paying trades. 🎙 Connect with Jim: 🔗 LinkedIn → https://www.linkedin.com/in/jim-boad-aba962b5/ 📘 Facebook → https://www.facebook.com/share/16x6EKmA8U/?mibextid=wwXIfr 📸 Instagram → https://www.instagram.com/ghaccelerator/ 🎙 Follow SlumDogg Millionaires: 🌐 Website → https://desireedoggett.sarasotahousehunt.com/ 📘 Facebook → https://www.facebook.com/people/SlumDogg-Millionaires/61576754805249/ 📸 Instagram → https://www.instagram.com/deztin8cion 🔗 LinkedIn → https://www.linkedin.com/in/desiree-doggett-46776814/ 📘 Facebook → https://www.facebook.com/kaylaLovestoSell/ 📸 Instagram → https://www.instagram.com/kaylalamb1217/ 🔖 Don’t Forget to LIKE 👍, SUBSCRIBE 🔔 & COMMENT 💬 Below! 💎 Produced by Icons of Real Estate → https://iconsofrealestate.com/ [https://iconsofrealestate.com/]

Escaping the Rat Race & Scaling to 550 Units with Andrew Freed

Have you done everything "right" to achieve the American Dream, only to feel completely empty? In this episode of SlumDogg Millionaires, hosts Kayla and Desiree sit down with Andrew Freed, who spent his 20s ascending the corporate ladder at the Broad Institute of MIT and Harvard, only to realize he had so much more potential to give. After reading Rich Dad, Poor Dad during the pandemic, Andrew pivoted hard into real estate. Today, Andrew owns Freedom Management, boasts an impressive $90 Million in assets under management (AUM), and holds ownership in 550 rental units. He breaks down exactly how he transitioned from a corporate project manager to a real estate portfolio manager, the secret to actually making money in property management, and why multifamily investing is the ultimate team sport. Plus, stick around for a crazy real estate horror story involving a 28-unit deal that literally went up in flames during due diligence! 🎧 Hosted by: Kayla & Desiree 🎤 Featuring: Andrew Freed, Real Estate Investor & Property Manager Andrew Freed is a multifamily real estate investor and Managing Partner at Freedom Management, a firm specializing in acquiring and operating multifamily properties across the Northeast. He has built and manages a large portfolio of rental units and focuses on helping others achieve financial independence through strategies like house hacking, syndication, and creative financing. 💡 What You’ll Learn in This Episode: ✔️ The Transition: How to translate corporate project management skills into massive real estate portfolio growth. ✔️ Time Management: Why delegating low-level tasks is the only way to scale your income and buy back your freedom. ✔️ Property Management Secrets: How to properly monetize a property management company through vertical integration. ✔️ Creative Deal Structuring: A breakdown of syndications, joint ventures, and hard money BRRRR strategies. ✔️ Setting Boundaries: How to effectively manage tenant drama by treating your properties strictly like a business. 🎙 Connect with Andrew Freed: 📘 Facebook → https://www.facebook.com/afreed2 📸 Instagram → https://www.instagram.com/investorfreed/ 🔗 LinkedIn → https://www.linkedin.com/in/andrew-freed-msm/ 🎙 Follow SlumDogg Millionaires: 🌐 Website → https://desireedoggett.sarasotahousehunt.com/ [https://desireedoggett.sarasotahousehunt.com/] 📘 Facebook → https://www.facebook.com/people/SlumDogg-Millionaires/61576754805249/ [https://www.facebook.com/people/SlumDogg-Millionaires/61576754805249/] 📸 Instagram → https://www.instagram.com/deztin8cion [https://www.instagram.com/deztin8cion] 🔗 LinkedIn → https://www.linkedin.com/in/desiree-doggett-46776814/ [https://www.linkedin.com/in/desiree-doggett-46776814/] 📘 Facebook → https://www.facebook.com/kaylaLovestoSell/ [https://www.facebook.com/kaylaLovestoSell/] 📸 Instagram → https://www.instagram.com/kaylalamb1217/ [https://www.instagram.com/kaylalamb1217/] 🔖 Don’t Forget to LIKE 👍, SUBSCRIBE 🔔 & COMMENT 💬 Below! 💎 Produced by Icons of Real Estate → https://iconsofrealestate.com/ [https://iconsofrealestate.com/]