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357: $6M Portfolio Before Age 30 by Finding "Problem" Properties with "Meet Kevin" Paffrath

357: $6M Portfolio Before Age 30 by Finding "Problem" Properties with "Meet Kevin" Paffrath

FromBiggerPockets Real Estate Podcast


357: $6M Portfolio Before Age 30 by Finding "Problem" Properties with "Meet Kevin" Paffrath

FromBiggerPockets Real Estate Podcast

ratings:
Length:
82 minutes
Released:
Nov 21, 2019
Format:
Podcast episode

Description

YouTube sensation alert!On today’s show, Brandon and David sit down with real estate investor and agent Kevin Paffrath of “Meet Kevin” on YouTube.Kevin is young and doing great with real estate from several angles! He's built millions of dollars in wealth through single family properties in Southern California and shares some fantastic advice that will help you do the same.You will love his advice regarding what he looks for in rehabs, what he avoids, and how he LOVES finding properties with problems! He also discusses how he found a deal holding an open house, how he avoids paying taxes on his profits, and how he was able to buy a house with his girlfriend while working at Jamba Juice!This episode is high-energy, fun, and full of great practical advice for newbies and experienced investors alike.In This Episode We Cover:Buying his first property while working at Jamba JuiceHow he bought with PMI, then removed it laterWhy he invests as an agentWhy he tracks his net worthCommon problems that prevent investors from building wealthBuying the majority of his properties from the MLSHow he talks to other agents to get deals sent to himFinding a deal while holding an open houseWhy buying SFR to build equity then exchanging into multifamily is a great strategyAvoiding paying taxesLooking where others aren’t for dealsHow he still buys homes that get multiple offersWhy he DOESN'T want cash flow right nowA walk through of his latest rentalAttracting quality tenantsThe best kind of relationship with real estate agentsThe problems he avoids in rehabsAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets ProEmail: podcast@biggerpockets.comDavid's InstagramBrandon's InstagramBiggerPockets Podcast 108: Building a $350 Million Real Estate Empire Using the 10X Rule with Grant CardoneBiggerPockets YoutubeBiggerPockets MeetupBiggerPockets Webinar ReplayCheck the full show notes here: http://biggerpockets.com/show357See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Nov 21, 2019
Format:
Podcast episode

Titles in the series (100)

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the over one million members who are learning to invest so they need Bigger Pockets! Visit biggerpockets.com, and follow Joshua Dorkin @jrdorkin, Brandon Turner @BrandonAtBP and David Greene @DavidGreene24.