AREI 103: What To Think About Before Jumping Into Short Terms Rentals with Leslie Anne Morris

Written By Suzy Sevier

Leslie Anne Morris is a successful real estate investor who began her journey while earning her MBA and working as a commercial banker. She applies her underwriting strategy to build her real estate portfolio, which has rapidly scaled to double digits and a value of $7 million in less than three years. 

She fell in love with Tennessee and founded two sister companies, Invest in the Smoky Mountains and Josh’s Cabins Management, to offer a one-stop shop for out-of-state investors to create passive income in short-term rentals. She is a motivational speaker, focused on empowering women to begin real estate investing, and aims to help 1,000 women become millionaires through short-term rentals. Leslie has been featured on major news networks and is a popular guest on real estate podcasts..

In this episode, we welcome Leslie Anne Morris as she shares her techniques on what to think about before jumping into short terms rentals. 

Join us and listen in!  


 [00:00- 07:35]

• We welcome Leslie Anne Morris to the show. 
 • Leslie Anne Morris her background on how she started in real estate investing. 
 • Realizing that there wasn't going to be progression.
• Telling people that they could pull some of their money out of the stock market and put it into real estate.

[07:41 - 15:49]
 • What strategy did she choose to go with her 401K?
 • Why did it take her 3 years to leave her W2?
 • How she used her signing bonus to buy another property?    
 • Being empowered by knowing which market you buy in any type of deal will allow you to get it done.
 
 [17:32 - 31:06]
• Knowing what you really care about.
• Why you should not manipulate underwriting?  
• Investing in the smoky mountains, why did she invest there? 
• Asking  Leslie Anne Morris the Adventurous Four

Memorable Quotes:

 "You have to create the plan and take the action."  - Leslie Anne Morris



 
Explore more. Adventure awaits.

Suzy Sevier
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AREI 104 : How To Find the Right Realtor For Your Needs with Lindsey Iskierka
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AREI 102 : Short Term Rental Secrets Patricia Baker & Lori Lusk