On this inspiring episode of the BiggerPockets Podcast, we sit down with real estate entrepreneur Andrew Cushman to learn how he went from a full-time job as a chemical engineer to a house flipper and finally a real estate syndicator, buying over 1400 units in less than a decade. You’ll learn how Andrew finds deals, manages the rehabs on a large scale, raises money for large apartment purchases, and more. Don’t miss a moment of this powerful show!
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In This Episode We Cover:
How Andrew started as a chemical engineer -- then got into investing
Why he trusted his mentor from the outset
How many flips he has done so far
Tips for scaling from 0 to 24 flips in 5 years
The details of his first flip
A discussion on buying pre-foreclosure properties
The story of making 4,575 phone calls before getting his first deal
The importance of believing in yourself and believing in the system
How Andrew has flipped 24 properties and 1,470 apartments
How he made money on the first flip
How to scale by building a system
How to find pre-foreclosed deals
The best flip he's ever completed
Tips on weird houses
His first apartment deal
Why he doesn’t recommend a heavily distressed deal
The difference between single family and multifamily properties
How to become a "sophisticated investor"
How he find apartment deals
And SO much more!
Links from the Show
Webby Awards
Bloomberg
DowJones
HarvardBusiness
Wired
Forbes
CNN Money
BiggerPockets Calculators
Foreclosure.com
PropertyRadar
Realtytrac
How to Buy a Foreclosure : The Comprehensive Guide to Buying a Foreclosed Home
General Foreclosure & Pre-Foreclosure Forums
BRRRR Strategy
GoBundance
BP Podcast 157: A Simple Morning Ritual to Help You Dominate Every Area of Your Life with Hal Elrod
BP Podcast 166: How Modeling Greatness Can Get You To 100+ Deals with Matt Aitchison
BP Podcast 169: Using Hustle and Persistence to Build Wealth Through Real Estate with David Greene
1 Life Fully Lived Organization
Slack
Books Mentioned in this Show
Rich Dad Poor Dad by Robert T. Kiyosaki
The One Thing by Gary Keller and Jay Papasan
The E-Myth Revisited by Michael E. Gerber
Emerging Real Estate Markets by David Lindahl
Multi-Family Millions by David Lindahl
Start with NO by Jim Camp