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A Real Wealth Story: Bay Area Couple Buys Six Out-of-State Rentals in Six Months (Audio)

A Real Wealth Story: Bay Area Couple Buys Six Out-of-State Rentals in Six Months (Audio)

FromReal Wealth Show: Real Estate Investing Podcast


A Real Wealth Story: Bay Area Couple Buys Six Out-of-State Rentals in Six Months (Audio)

FromReal Wealth Show: Real Estate Investing Podcast

ratings:
Length:
26 minutes
Released:
Jul 2, 2021
Format:
Podcast episode

Description

If you put in the time and the effort, you can build wealth through real estate. But there are always surprises along the way, even for experienced investors.In this episode, we hear from a California couple who got started decades ago with rental properties in the San Francisco Bay Area, independently of each other. After they were married fourteen years ago, they continued to invest together, but over the last six months, they’ve almost completely reworked their portfolio.It’s all thanks to a few revelations, and challenges, during the pandemic that inspired them to buy properties in other states. You’ll hear their story, along with some great advice about the 1031 exchange, the benefits of an “escalation clause” when you are competing against other buyers, and what inspired them to invest in real estate in the first place.You can learn more about doing this for yourself by joining RealWealth. You’ll find plenty of free educational material on our website. Our investment counselors can also refer you to experienced property teams who can help you get started in real estate.Go to www.RealWealthShow.com for more information or to listen to past episodes.
Released:
Jul 2, 2021
Format:
Podcast episode

Titles in the series (100)

Smart real estate investing will give you the time and the money to live life on your own terms! We call that real wealth. Host Kathy Fettke is Co-CEO of Real Wealth Network and author of the best selling “Retire Rich with Rentals.” She launched this podcast in 2003 to share her own secrets and those of top experts in the real estate investing field. She along with guests like Robert Kiyosaki, Loral Langemeier, Peter Schiff, Doug Duncan, John Burns, Bruce Norris and other rising real estate stars offer insights on the creation of passive income through real estate, and how to avoid costly mistakes. Learn how to build a portfolio outside the stock market with buy-and-hold strategies, single-family rentals, multi-family properties, syndicated deals, self-directed IRAs and 401ks, the highly-revered 1031 exchange, private money lending, creative financing, and much more!