Episode Details

Most people building passive income are chasing a number. We were chasing something else entirely.

In this episode, Michael and Liz sit down together from Taipei, Taiwan, where they're spending their third consecutive summer with their kids, to share the real reason they built their STR portfolio and what time freedom actually looks like in practice.

This isn't a theory episode. It's a behind-the-scenes look at how two former investment banking and fashion professionals designed a life where the portfolio works while they're sleeping, the kids are in $45 swim lessons four days a week, and the whole family is under one roof for seven weeks straight.

We break down:

How 8 short-term rentals generate $200K+ in July revenue while Michael and Liz are 12 time zones away

The real cost breakdown of 7 weeks in Taiwan, including flights, summer camp, and personal training, and why it costs a fraction of what it would in New York

The daily schedule that lets them work 8 to 12, spend afternoons with their kids, and still meet their 500-hour material participation requirement for the STR tax benefit

How a team of nearly 10 specialists provides 24-hour client support across Slack so their mentorship program never misses a beat while they sleep

Liz's golden handcuff story and why 10 vacation days a year was never going to be enough

The immigrant parent story that became the North Star for everything Michael has built

The bottom line: The STR portfolio isn't the point. The time it buys you is.

LEARN MY STR INVESTING & STRATEGIES 🔥

 https://strlikethebest.com/wealthpod

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