Itching to quit your 9 to 5 to become a full time investor, but don't know how to get there? This week, we sit down with an investor who has done just that -- despite obstacles that could have discouraged his plans had he not been persistent and kept an eye on his end goal.
Listen as Kyle Pettit shares with the BiggerPockets Podcast his story of breaking into the rental and wholesaling sides of the real estate industry, including tips on screening tenants, expanding your marketing reach and tackling the challenges that come with working from home. If you're struggling to make your mark in world of real estate and wondering when that pivotal point of becoming a full time investor will ever happen, this is the motivation you've been waiting for.
Newbies and experienced investors alike, don't miss out on this informative, entertaining episode!
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Sponsor
We just wanted to give a shout out to our podcast sponsor on today’s show: RealtyShares. RealtyShares is a crowdfunding platform that allows you to invest in professionally managed properties without leaving your living room!
Learn more by visiting RealtyShares.com/biggerpockets!
In This Show We Cover:
Details on Kyle's first deals
The ins and outs of an REO deal
What you need to know about hard money lenders
The importance of building relationships early on
How to be persistent despite setbacks on a wholesaling deal
Important information about lease options
How to find a good company for screening tenants
Getting started with postcards and yellow letter campaigns
Why you should always background check the people you work with
How to handle phone calls through a virtual phone system
Quitting your day job to focus on real estate
Tips on finding and handling sellers
The keys to expanding your real estate marketing
What you should expect being a full time real estate investor
Managing distractions and working at home
And lots more!
Links From the Show
BiggerPockets Webinar
RealtyShares
Hard Money Lenders
MySmartMove
FreedomVoice
Books Mentioned in the Show
Brandon Turner's The Book on Investing in Real Estate with No (and Low) Money Down
Making Big Money Investing in Foreclosures: Without Cash or Credit by Peter Conti and David Finkel
How to Win Friends & Influence People by Dale Carnegie
Rich Dad's Guide to Investing by Robert Kiyosaki
Connect with Kyle
Kyle's BiggerPockets Profile
Kyle's Website
Kyle's Facebook
View the full article: BP Podcast 097: Quitting Your Job and Overcoming Real Estate Obstacles with Kyle Pettit on on The BiggerPockets Blog. This content is Copyright © 2015 BiggerPockets, Inc. All Rights Reserved.