Josh Lawlor – Unleashing Your Money Through Film Shoot Rentals
- Josh Lawlor - Unleashing Your Money Through Film Shoot Rentals Alex Escobar and Aziz Yousuf 52:15
Welcome to “Screw the Stock Market,” the podcast that explores alternative asset classes, success mindset, and inspiration for Financial Independence.
In this episode, we have a special guest, Josh Lawlor, who shares his unique perspective on Real Estate Investing.
Josh Lawlor is an experienced real Estate investor who began his journey after the 2008 financial crisis. With a keen eye for opportunity, he successfully navigated the real estate market, starting with a transformative long-term live-in flip project. Josh’s dedication and strategic approach allowed him to add substantial equity to the property, setting the stage for his subsequent ventures. As he expanded his portfolio, Josh ventured into traditional single-family rentals in Atlanta and Jacksonville, leveraging the expertise of turnkey real estate operator, Roofstock. Throughout his journey, Josh faced and overcame various challenges, continually adapting and seeking ways to optimize his investments.
Let’s dive in!
Josh’s Real Estate Journey (01:30 – 06:45)
Josh embarked on his real estate journey with a successful long-term live-in flip following the 2008 financial crisis. By renovating and adding equity to the property, he laid the foundation for his future real estate investments. Initially focusing on traditional single-family rentals in Atlanta and Jacksonville through Roofstock, a turnkey real estate operator. As Josh aimed to scale his investments, he encountered budget constraints that required creative solutions. Over time, the properties appreciated, generating consistent cash flow and providing opportunities for cash-out refinancing.
The Unexpected School District Dilemma (06:45 – 10:20)
During a local fixer-upper renovation, Josh and his family temporarily relocated outside their school district boundaries. To allow his children to continue attending their school, the school administration demanded tuition payment, leading to unforeseen financial burdens. Motivated by this experience, Josh explored avenues to recover the tuition expenses and identify alternative sources of income.
Discovering Film Shoot Rentals (10:20 – 15:10)
Upon returning to their renovated home, Josh discovered the lucrative potential of renting homes for film and commercial shoots. Contrary to common misconceptions, film shoots primarily involve one-day commercial shoots catering to various businesses and content creation needs. Businesses, startups, and musicians often require professional content for websites, social media, product launches, and music videos. Renting out homes for film shoots proved to be a profitable and passive investment opportunity that intrigued Josh.
Suitability of Homes for Film Shoots (15:10 – 19:05)
Josh dispels the myth that only specific types of houses are suitable for film shoots, emphasizing the diverse requirements of each production. Homeowners can benefit from renting out their normal houses, as productions have varied needs and aesthetics. Instead of conforming to a specific house type, the focus should be on finding the right match for a particular production.
Josh encourages listeners to consider film shoot rentals as a unique avenue for passive investment and supplemental income. Engaging professional crews is essential for a successful and seamless experience when renting homes for film shoots. Exploring this niche can provide financial freedom, investment control, and a different Lifestyle approach. For more comprehensive insights and practical advice, listen to the full episode to delve deeper into Josh’s experiences.
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