1: From 4 Years of Analysis Paralysis... to 4 Cash-Flowing Properties with Lauren and Kyle Clugston

03/05/20 • 68 min

2 Listeners

How will YOU transition from the "getting educated" phase to taking direct action toward your real estate goals?

Start by taking cues from Lauren and Kyle!

In this premiere episode, they share how they powered through their initial hesitation to build a "small but mighty" rental portfolio in less than 3 years' time... a portfolio that has them well on their way to a life of financial freedom (and maybe even a "boat house!").

You'll love their tips for identifying the right market for you, minimizing risk by house hacking, and leveraging your local meetup group to get the scoop on real estate trends in your area.

Plus, they guide us through their first "true" BRRRR deal—sharing lessons from their experience negotiating directly with a seller, firing a contractor, and finding time to DIY a lot of the renovation, all while juggling two full-time careers.

Lauren and Kyle may seem like sophisticated investors now. But in 2017, they were right where a lot of you are today. By following their roadmap and adjusting it to your market, you too can build a mini-empire that funds the life you dream about.

Make sure to subscribe to Real Estate Rookie in your favorite podcast app, and join our Facebook group (just search "Real Estate Rookie") to continue the conversation. See you next Wednesday!

In This Episode We Cover:

Lauren and Kyle's backstory
How Lauren overcame 4-year analysis paralysis
How Lauren and Kyle balance full-time careers with real estate investing
How the BRRRR strategy worked for them
Why they let other investors (their “competition”) walk through their property
Why their MVP is their real estate meetup group
Rookie Request Line: "What is your best advice for finding real estate agents who know what they're doing with investors?"
And SO much more!

Check the full show notes here: http://biggerpockets.com/rookie1

Learn more about your ad choices. Visit megaphone.fm/adchoices

How will YOU transition from the "getting educated" phase to taking direct action toward your real estate goals?

Start by taking cues from Lauren and Kyle!

You'll love their tips for identifying the right market for you, minimizing risk by house hacking, and leveraging your local meetup group to get the scoop on real estate trends in your area.

Make sure to subscribe to Real Estate Rookie in your favorite podcast app, and join our Facebook group (just search "Real Estate Rookie") to continue the conversation. See you next Wednesday!

In This Episode We Cover:

Lauren and Kyle's backstory
How Lauren overcame 4-year analysis paralysis
How Lauren and Kyle balance full-time careers with real estate investing
How the BRRRR strategy worked for them
Why they let other investors (their “competition”) walk through their property
Why their MVP is their real estate meetup group
Rookie Request Line: "What is your best advice for finding real estate agents who know what they're doing with investors?"
And SO much more!

Check the full show notes here: http://biggerpockets.com/rookie1

Learn more about your ad choices. Visit megaphone.fm/adchoices

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Coming March 5, from BiggerPockets. Subscribe wherever you listen to podcasts!

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2: Going All Out to Secure Deal #1 (For Sale By Owner!) with Tim Goutos

Ever felt like you're close to breaking into real estate investing, but not quite getting anywhere?

Today's guest, Tim Goutos, was right there with you. But after taking a trip abroad to clear his head, Tim narrowed his focus and went ALL-OUT in pursuit of his first deal.

He talked to everybody about his goal. He went driving for dollars in his hometown of Lake George, NY. Then, after seeing a For Sale By Owner (FSBO) sign, he called the owner on the spot.

What happened next? You'll hear the story in today's episode of the Real Estate Rookie Podcast.

We'll cover how to manage fear when making a cold call, how to crunch the numbers using government tax records, and how to protect yourself against the worst-case scenario.

Plus -- if you know anyone who got burned in 2007-08.. or worry you'll meet the same fate... you'll connect with Tim's story. He had a close relative who lost out in the last downturn, so he had every reason to stay far away. Instead, Tim learned all he could and put together a more conservative game plan.

"Captain Tim" is a relatable, down-to-earth guy... and you can learn a lot from his approach of looking to "get on base" rather than hit a home run right away.

Tell us what you think of this episode in the Real Estate Rookie Facebook group, and subscribe to the podcast in your favorite podcast app so you won't miss the next show!

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