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28: Balancing 8 Properties with a Full-Time Career and Family with "Property Pastor" Marsay Winder

28: Balancing 8 Properties with a Full-Time Career and Family with "Property Pastor" Marsay Winder

FromReal Estate Rookie


28: Balancing 8 Properties with a Full-Time Career and Family with "Property Pastor" Marsay Winder

FromReal Estate Rookie

ratings:
Length:
59 minutes
Released:
Sep 9, 2020
Format:
Podcast episode

Description

We all have the same 24 hours per day... so be like Marsay Winder and make the most of them!He calls himself the "Property Pastor," and he owns 8 properties (24 units) in the Virginia Beach, VA area. Marsay juggles his business with his family life and a full-time career in manufacturing, so landlording systems are a must – and he breaks them down for us in this episode.You'll also hear about his MVP mentor, how he avoids time-wasting distractions, and the books and resources that helped him build a formidable portfolio in just 3 years.Enjoy this one... and if you're getting value out of the content here, please do us a favor and give us a rating and review on Apple Podcasts. It takes less than 30 seconds, and it really helps us climb the rankings and spread the gospel of financial independence through real estate investing!In This Episode We Cover:Working on his properties on nights and weekends while working full-timeGoing big on his first deal: a 4-unit building bought from a wholesalerBuying from tired landlordsHow to frame a rent increase with tenantsUsing Cozy and QuickBooks to manage his rentalsHiring a property management companyHow to successfully approach a real estate mentor Involving his kids in his real estate investing businessWhat happened when his tenant joined his church, then stopped paying rentAnd SO much more!Links from the ShowReal Estate Rookie Facebook GroupFelipe's InstagramAshley's InstagramBiggerPockets PodcastRobert KiyosakiCozyDeal MachineQuickbooksBiggerPockets CalculatorsRookie Podcast 12: What Works (and Doesn’t) in a Recession & the Untold Story of J Scott’s Messy First FlipGoogle FormsGoogle VoiceCashflow Board GameCheck the full show notes here: http://biggerpockets.com/rookie28See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Sep 9, 2020
Format:
Podcast episode

Titles in the series (100)

Ready to build your real estate empire… but not sure where to begin?Think of us as your personal trainer.From detailed breakdowns of real-world deals… to one-on-one coaching sessions and a warm, welcoming community… hosts Ashley Kehr and Tony J Robinson bring on a wide range of guests to tackle the “newbie” questions you've wondered about but might be afraid to ask.Looking to 10X your real estate investing business this year? This show isn’t for you.Looking for your first, second, or third deal -- or envisioning a more modest portfolio? Step right up. Every Wednesday, we’ll arm you with the tips, tools, and roadmaps you'll need as you embark on your journey toward financial freedom.