104: How Anyone, Anywhere, Can Start Buying Profitable Real Estate with Andrew Luong

<p><strong>It’s hard for real estate investors to get started</strong>, especially without a mentor, a background in real estate, or an existing network. Many of those interested in buying profitable, cash-flowing real estate are <strong>busy with their 9-5 job or even running their own business</strong>. This was at least the case for landlord and founder of <a href="https://doorvest.com/" rel="noopener noreferrer" target="_blank">Doorvest</a>, <strong>Andrew Luong</strong>, when he talked to his friends about buying rental properties.&nbsp;</p><p>Andrew had a passion for real estate and knew that it was one of the <strong>best ways to make residual side-income</strong>. When he chatted up friends about real estate, they were interested too. Andrew would send them to <a href="https://www.biggerpockets.com/real-estate-companies/find-real-estate-agent-directory" rel="noopener noreferrer" target="_blank"><strong>agents</strong></a><strong>, </strong><a href="https://www.biggerpockets.com/blog/property-manager-tasks" rel="noopener noreferrer" target="_blank"><strong>property managers</strong></a><strong>, show them profit margins</strong>, and more. After a few months when Andrew would ask his friends how their real estate was going, they would reply “<strong>I didn’t have time to do any of it, will you just do it for me?</strong>”&nbsp;</p><p>Just like that, Doorvest was born. Doorvest allows aspiring investors, regardless of where they’re at in the world, to <strong>purchase renovated, cash-flowing properties with management fully built-in</strong>. Not only does this help make a potential landlord’s life much, much easier, it also lowers the barrier of entry for anyone trying to get into real estate!</p><p>In This Episode We Cover</p><ul><li><strong>Resisting </strong><a href="https://www.biggerpockets.com/blog/how-not-to-blow-5-figures-a-month" rel="noopener noreferrer" target="_blank"><strong>lifestyle creep</strong></a> so you can invest in your assets and businesses&nbsp;</li><li>Letting your <strong