Alternative Investing Mastery Series
Access Replay for Session 80:
What Passive Investors Should Know About Airbnbs and Short-Term Rentals
Don’t Miss This Replay
Learn from some of the biggest names in investing about how you can win with this downturn.
What You’ll Learn In This Replay
What is a short-term rental and how does it compare to other real estate on income potential, tax benefits, and risk
How short-term rentals can be completely passive
What’s driving cash flow, occupancy, and profitability in today’s rental market
How local rules, seasonality, and operations can make or break a deal
What separates high-performing short-term rentals from properties that struggle to book
How passive investors can find and evaluate short-term rental deals
Live Q&A to Give You the Answers You Need
Upcoming Sessions
August 19th - How to Passively Invest in Collectibles Like Watches, Sports Memorabilia & Cultural Assets
Date TBD - More to be announced
Meet Your Presenters
Patrick Grimes
CEO/Founder, Passive Investing Mastery: Diversified Litigation Portfolio, Diversified Medical Receivables Portfolio, Recessionary Acquisitions Fund, Recessionary Income Fund, PIM Rapid Lending
Patrick’s portfolio is diversified across energy, litigation finance, medical receivables, commercial lending, and acquisitions, including retail, industrial, and thousands of apartment units. He has developed a range of diversified passive investments focused on growth and cash flow. He speaks on stages nationally, co-authored Amazon #1 best-sellers 'Lesson From Thought Leaders,' and 'Pivotal Leadership,' also an e-book Barnes & Noble #1 Best-Seller, and is a member of the Forbes Business Council, contributing articles on investing and commercial real estate.
For investors who want recession-aware, low-correlation alternatives to traditional markets, Patrick offers four core strategies: (1) PIM’s Diversified Litigation Finance Portfolio, built to provide investors with non-correlated growth by funding a diversified pool of lawsuits through contingency-fee law firms; (2) PIM’s Medical Receivables Portfolio, for investors seeking non-correlated cash flow and growth through financing medical practices’ accounts receivable—billed claims for services already rendered. Patrick also offers two commercial real estate funds, both capitalizing on the downturn in commercial real estate: (3) an Acquisitions Fund, targeting growth through opportunistic property acquisitions, and (4) an Income Fund, targeting stable cash flow through a diversified portfolio of commercial real estate loans.
Patrick holds a BS in Mechanical Engineering and both an MBA and MS in Engineering from San Jose State University. An avid adventurer, he resides in Honolulu, Hawaii.
Michael Elefante
Founder, BNB Investor Academy
Michael Elefante is a bestselling author, real estate investor, and entrepreneur who has built a $30M+ portfolio of 14 luxury vacation rental properties generating over $3M in annual rental income. As the Founder of BNB Investor Academy, he has helped more than 3,000 investors acquire over $1 billion in real estate while building one of the nation’s leading education companies for short-term rental investing. Michael is also the Co-Founder of The Rise Collective, a portfolio of companies including a national property management company overseeing 650+ luxury rentals generating $80–100M annually in bookings, and Somerled Designs, the country’s leading interior design firm specializing in short-term rentals. His mission is to help hardworking people achieve financial freedom, reduce their tax burden, and build generational wealth through strategic real estate investing. His work has been featured on Fox Business, Business Insider, and leading business podcasts across the country.
Rich Munroe
Founder, BNB Investing Group
Rich Munroe is an Airbnb Ambassador, seasoned real estate investor, and technology entrepreneur with over twenty years of experience and more than $60 million in real estate transactions across Florida, Georgia, Illinois, Maryland, and Washington, DC. As Managing Member of Diamond Edge Properties, an Atlanta-based real estate investment firm, Rich has built and scaled a 75-property short-term rental portfolio spanning Georgia and Florida, including residential, multifamily, and boutique hospitality assets. Widely regarded as a trusted authority in the short-term rental industry, Rich specializes in revenue optimization, market analysis, and scalable operating systems for investors and operators. He is the founder of BNB Investing Group, where he provides education, coaching, and consulting to real estate agents and investors nationwide, and he hosts the BNB Investing Podcast, featuring in-depth conversations with top operators and industry leaders.
In addition to real estate, Rich is the founder of AI Automation App, an AI-driven automation agency focused on helping small businesses—particularly in home services and real estate—capture, qualify, and convert leads using AI voice agents, chatbots, and CRM automation. Through this venture, Rich applies cutting-edge artificial intelligence to solve real-world business problems such as missed calls, after-hours lead loss, and inefficient follow-up.
Rich is also a prominent industry advocate and national speaker, actively involved in state and federal legislative initiatives affecting short-term rentals. He serves as President of the Atlanta Metro Short-Term Rental Alliance (AMSTRA), a nonprofit organization dedicated to promoting fair, balanced, and sustainable short-term rental regulations. Rich studied Business Administration at Howard University and lives in Atlanta with his family, including his three sons and eight grandchildren.