167: 0 to 25 Units in Your First Year (Part-Time!) with Kevin Wood
Shah :)
Description
<p>People have a lot of excuses about why they aren’t’ investing in real estate. <em>“I work too much.” “I live in an expensive area.” “I don’t know enough.”</em> But on today’s show, we sit down with a BiggerPockets member who is absolutely crushing it — despite a full-time job, living in Silicon Valley, and being brand-new to real estate. You’ll learn how Kevin Wood has managed to go from zero to twenty-five deals in under a year, largely using networking on BiggerPockets to make it happen. You’ll be inspired, motivated, and educated to get off the bench and jump into the game!</p><p>In This Episode We Cover:</p><ul><li>How Kevin went from 0 to 25 units in less than a year</li><li>How to overcome the fear of buying that first deal</li><li>How BiggerPockets helped Kevin focus on his investing</li><li>The “condo mistake” Kevin almost made for his first deal</li><li>How to have a competitive advantage</li><li>Tips for approaching other investors</li><li>Why (and how) Kevin bought five houses at once for his first deal</li><li>The logistics of buying five properties at once as a newbie</li><li>How to know if you’re buying a good deal or not</li><li>The benefits of analyzing 100 deals</li><li>Investing in stocks vs. real estate</li><li>How to make a good partnership</li><li>Tips on working with partners — the good, bad, and ugly</li><li>How to introduce yourself on BiggerPockets</li><li>How Kevin got a $200,000 discount on his 6-plex</li><li>The 14-unit turnaround — and the drama associated with it</li><li>How to work with a designer to get the best look for a unit</li><li>A discussion on contractors and how to find them</li><li>How to manage a multifamily complex</li><li>The caveats associated with big fixer-upper deals</li><li>Tips on going for package deals</li><li>The genius negotiating
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quinn_Brown
Episodes
167: 0 to 25 Units in Your First Year (Part-Time!) with Kevin Wood
Shah :)