What does it take to truly find success in real estate -- especially when you make an average salary and live in an expensive city? That’s the topic of today’s show, where we sit down with David Greene, a full-time police officer in the San Francisco market who’s managed to buy multiple deals in the past several years through mass hustle and persistent deal-finding. You’ll learn how David finds deals, invests both in-and-out-of-state, and finances those deals on a cop’s salary! This show is sure to motivate and educate you to do more deals this year!
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This Show Sponsored By
We just wanted to give a shout out to our podcast sponsor on today’s show: B2R Finance
A new commercial lender offering loans specifically for rental investors. B2R Finance could help you unlock equity from existing properties so you can get cash out now.
Learn more by visiting: B2RFinance.com
Fire Round Sponsor
We just wanted to give a shout out to our podcast sponsor on today’s show: IgniteFunding. Ignite Funding offers crowdfunding real estate backed by collateral – you are the bank, earning monthly income for the use of your investment dollars.
Learn more by calling 702 736 5501!
In This Episode We Cover:
Who David Greene is and how he bought a $565k house for $195k
The challenges of renting out a house
His tips for first time landlords
Thoughts on credit checks
How to use property managers as advisors
Steps for buying property from afar
The second hurdle he met while investing
What you want in a real estate agent
How he got financing despite his profession
Looking at investing like the Golden Real Estate Warriors to save money
The importance of working hard to reach your goals
A discussion on investing in notes -- the downsides and upsides
David's game plan
Why consistency is key to reaching success
And SO much more!
Links from the Show
Keyword Alerts
Tenant Screening: The Ultimate Guide
How To Rent Your House: The Definitive Step by Step Guide
How to Invest in Real Estate with Just 5 Spare Hours Per Week
Be Like Elon (image)
BackstreetBoys Documentary on MTV
Jeff Brown's BiggerPockets Profile
Compound Interest Spreadsheet
BiggerPockets Instagram Post (Quote)
BP Podcast 034: Virtual Real Estate Investing and How to Find Great Deals in a Hot Market with Anson Young
Andrew Cushman's BiggerPockets Profile
BiggerPockets Webinar
Books Mentioned in this Show
The Book on Rental Property Investing by Brandon Turner
The Richest Man in Babylon by George S. Clason
So Good They Can't Ignore You by Cal Newport
The Millionaire Real Estate Agent by Gary Keller
The Millionaire Real Estate Investor by Gary Keller
Rich Dad Poor Dad by Robert T. Kiyosaki
Tweetable Topics:
"You can do everything wrong in real estate at the beginning. If you hold on long enough, it’s going to work out." (Tweet This!)
"You have to embrace that it’s hard and be glad that it is.