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Episode Info: Michael Sjogren – Company Owner of Short Term Rental Secrets at STRSecrets.com, talks to Neil Henderson and Brittany Henderson, the hosts of The Road to Family Freedom podcast. He has built a portfolio of short-term rentals of over $100,000 a year in cash flow. He is also educating people on how to do it themselves over STRSecrets.com. Learn how a past family crisis became the catalyst to get involved in real estate, and ultimately maximizing his Airbnb rental opportunities. Read Full Transcript Unknown 0:14 Good thing I got you here.   Unknown 0:18 Recording, right? Okay. All right, again.   Neil Henderson 0:21 Greetings friends and families. I'm Neil.   Brittany Henderson  0:23 And I'm Brittany,   Neil Henderson 0:23 you're listening to the road to family freedom podcast. Our guest today has built a portfolio of short term rentals generating over $100,000 a year in cash flow. He's also educating people on how to do it themselves over str secrets.com. Michael Shogun Welcome to the road to family freedom.   Mike Sjogren  0:39 Thanks for having me, guys. I'm excited to be here.   Neil Henderson 0:41 Yeah, we're excited to have you. So I've read a little bit about your story. And I know that you sat down at one point and you wrote down a five year vision plan for where you wanted to be. And one of those included a chalet up on a mountain. Can you tell us that story? Yeah, absolutely. So   Mike Sjogren  1:03 this was probably four years ago, roughly. And I was in a mastermind group. And one thing that they asked us to do, and we joined is to write out our five year vision in vivid detail, and I had never really done that exercise before. And I blown it off for a few months. And then finally, I sat down and asked myself, okay, what, what does my ideal life look like five years from now. And the first line that I just started writing out was, my wife and I are sitting out on the deck of our mountain said chalet playing with our son knows the first line. And then I went through and I had a bunch of other stuff. And Fast Forward 18 months later, we purchased that chalet at the top of the mountain up in the White Mountains. And quite frankly, I hadn't put too much time into actually putting the pieces together the universe, whatever you believe in, just kind of pulled it together through this unique real estate strategy and say, sad day, we've just been full steam with short term rentals. So it's been a fun journey.   Neil Henderson 2:04 So let's do I want to dig into that. That first deal a little bit more because I think that's so important. So many people struggle with getting past that first deal. How did you how did you find it?   Mike Sjogren  2:19 Sure. I found it just on Zillow, literally just on Zillow.   Neil Henderson 2:24 So it was it was rental ready. It wasn't a rehab. You didn't have to do a lot of rehab on it. Oh, it   Mike Sjogren  2:30 was disgusting. I definitely I reno...
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