145: Creative Investing in an Expensive Market, Seller Financing, and Buying Foreclosures with Grammy-Nominated Jeremy Jones

<p>On this episode of&nbsp;<a href="http://biggerpockets.com/podcast" target="_blank">The BiggerPockets Podcast</a>, we sit down with an investor who’s also a Grammy-nominated musician!&nbsp;Jeremy Jones&nbsp;has been acquiring rental properties in the Seattle metro area for several years, focusing primarily on multifamily investments and supplying him with a stream of passive income. You’ll love both his tactics and mindset and will walk away from this interview with numerous actionable ideas to help&nbsp;take your business to new heights. Enjoy!</p><p>In This Episode We Cover:</p><ul><li>A little bit about Jeremy and&nbsp;how he started</li><li>How he got into real estate by chance through his&nbsp;music career</li><li>How to maximize your income by&nbsp;renting by the room</li><li>His first&nbsp;non owner-occupied&nbsp;rental</li><li>What you should know about buying&nbsp;foreclosures</li><li>The&nbsp;BRRRR Strategy&nbsp;and how to use it</li><li>Advice on having a “long term flip“</li><li>A discussion about&nbsp;hard money</li><li>The importance of having&nbsp;exit strategies&nbsp;in mind ahead of time</li><li>The topic of&nbsp;refinancing</li><li>How to develop a&nbsp;criteria&nbsp;for purchasing houses</li><li>How exactly banks and&nbsp;loans&nbsp;work</li><li>REO vs. foreclosure auctions</li><li>How&nbsp;Jeremy uses&nbsp;seller financing</li><li>Where he buys properties and why he keeps them&nbsp;close to home</li><li>How he&nbsp;manages&nbsp;his property and finds great contractors</li><li>And SO much more!</li></ul><p>Links from the Show</p><ul><li>Interested in becoming a guest on the BiggerPockets Podcast?&nbsp;<a href="https://www.biggerpockets.com/guest" target="_blank">Click Here</a></li><li><a href="https://www.biggerpockets.com/blogs/6339/blog_posts/43579-building-a-rental-portfolio-through-long-term-flips" target="_blank">Building a Rental Portfolio Through “Long-Term” Flips</a></li><li><a href="https://www.redfin.com/" target="_blank">RedFin</a></li><li><a href="http://biggerpockets.com