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40: Using the “AREA” System to Buy 21 Houses in Just a Few Years with Anam and Aamir

40: Using the “AREA” System to Buy 21 Houses in Just a Few Years with Anam and Aamir

FromReal Estate Rookie


40: Using the “AREA” System to Buy 21 Houses in Just a Few Years with Anam and Aamir

FromReal Estate Rookie

ratings:
Length:
56 minutes
Released:
Dec 2, 2020
Format:
Podcast episode

Description

Investor couple Anam and Aamir have been hard at work during COVID, locking down deals and BRRRR-ing more and more houses. Through years of system-building and deal mistakes/lessons, they were able to create a system that allows them to save time searching for deals and know immediately whether a property is worth the investment or not.After pinpointing exactly what they wanted in a deal, Anam and Aamir took the time to develop systems and processes that would help them get properties rehabbed and rented faster.So how did they finance these deals? HELOCs, credit cards, cash, hard money, and other creative financing. This is what allowed them to build a portfolio of 21 units within a few years, all while working full time jobs that take up much of their waking hours.With their deal criteria system (A.R.E.A), they’ve been able to turn their dreams into reality. Now at only 28 and 30, Anam and Aamir are on track to close more and more deals, securing their financial independence all while building appreciating wealth.In This Episode We Cover:How you can grow your rental portfolio, even during a pandemicHow to get your processes and systems down so they work for you Using your partner’s strengths/weaknesses to inspire growth How to use different creative financing strategies to get deals fasterHow to find a hard money lender that works with your time-frame and ARVWhat the A.R.E.A system is, and how it can help you find high-quality dealsThe importance of running accurate comps in a desired areaUsing your mistakes to make yourself into an educated investorAnd SO much more!Links from the ShowReal Estate Rookie Facebook GroupAshley's InstagramTony's InstagramBuildiumBiggerPockets ForumsBiggerPocketsCheck the full show notes here: http://biggerpockets.com/rookie40See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Dec 2, 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.