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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
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)
Trailer by Real Estate Rookie