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474: How this Busy Mom of Three Bought $75M of Real Estate w/ Pili Yarusi

474: How this Busy Mom of Three Bought $75M of Real Estate w/ Pili Yarusi

FromBiggerPockets Real Estate Podcast


474: How this Busy Mom of Three Bought $75M of Real Estate w/ Pili Yarusi

FromBiggerPockets Real Estate Podcast

ratings:
Length:
79 minutes
Released:
Jun 3, 2021
Format:
Podcast episode

Description

Letting go of something successful isn’t easy, but what if you know it’s costing you your dreams? Today we talk to mother, real estate agent, and massive multifamily investor, Pili Yarusi, about doing what it takes to stay focused, engaged, and on top of your life.Pili moved out to New York from Hawaii with dreams of becoming a star in theater but ended up working as a bartender. Lucky for her, bartending is where she met her husband and future business partner. Together, they started flipping houses, which taught her not only to systematize investments but also to use her creativity in an efficient way. She and her husband later expanded into wholesaling.Pili knew something was missing and she wanted to focus more on growing a multifamily portfolio. With help from some mentors, she realized that the main thing holding her back was her current (and very successful) flipping and wholesaling business. She closed both businesses, got herself systematized, and went head first into multifamily.Now this homeschool teacher/mom is sitting on $75,000,000 in real estate, totaling in at 850 units. No small number by ANY means! She gives some incredible advice on what new investors need to do before they can reach their goals of owning big portfolios.In This Episode We Cover:Limiting your creativity (in a good way) when doing flips and rehabsThe 4-3-2-1 principle and waking up with A.L.O.H.AIdentifying as the person you want to become, and letting go of less useful identitiesThe right (and the wrong) way to train employees and build a team506b vs 506c syndications, plus what to know if you want to start oneAnd SO much more!Links from the ShowBiggerPockets ForumsClubhouseBiggerPockets Podcast 325: From Major Business Failure to Buying 20 Houses a Month With Aaron AmuchasteguiReal Estate Rockstars PodcastInvestNext Check the full show notes here: https://www.biggerpockets.com/show474See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Jun 3, 2021
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.