59 min listen
590: From Struggling Renter to Cash Flowing Landlord Using $0 Down Loans w/Andre Haynes
590: From Struggling Renter to Cash Flowing Landlord Using $0 Down Loans w/Andre Haynes
ratings:
Length:
70 minutes
Released:
Mar 31, 2022
Format:
Podcast episode
Description
No money down real estate investing usually sounds too good to be true. It seems almost impractical that someone without much experience, money, or property can secure cash-flowing rentals without putting a dollar into the deal. Even more astounding, today’s guest Andre Haynes was paid a few thousand dollars to buy his first rental property. He shares his exact steps on how he did it on today’s show!While investing in real estate with no money down can seem like an advanced concept, Andre wasn’t some cash-flowing wizard from the start. If anything, Andre’s upbringing may have brought some hurdles to the financial side of his life. He had no credit, no cash, was faced with eviction notices, and generally was falling behind financially as a parent. He had to take a hard look at his life, redefine his goals, and reevaluate his choices. From there, it was a hard, yet incredibly valuable, climb upwards.Now, only a short time later, Andre has built a real estate portfolio worth over a million dollars. He has numerous cash-flowing assets that pay for his liabilities and has started to educate others about how they can do the same. He defines this easily repeatable process on today’s show but doesn’t gloss over the fact that the only thing stopping you from obtaining the wealth you desire, is yourself.In This Episode We Cover:How to invest when you come from an upbringing that lacks financial literacy Giving up on your “dream” so you can pursue something much greaterAndre’s 5-steps to get your life together and how you can start using them todayPracticing delayed gratification and how simple sacrifices pay off big in the long runThe zero down loan program that Andre used to build his real estate portfolioThe importance of becoming a real estate investor before you buy your first propertyAnd So Much More!Links from the Show:BiggerPockets ForumsBiggerPockets PodcastBiggerPockets Agent FinderBPCON 2022NACA (Neighborhood Assistance Corporation of America)MLS (Multiple Listing Service)Realtor.comZillowRich Dad Poor Dad seminarAirbnbVrboPeerspaceThe Landlord Life YouTube seriesLandlord Life Season 3 Episode 2 with Henry WashingtonMindset Matter Merch (No books here)Henry Washington's InstagramBrian Donnelly's KAWSConnect with Andre:Andre's InstagramAndre's Business WebsiteThe Landlord Life YouTube seriesCheck the full show notes here: https://www.biggerpockets.com/blog/real-estate-590See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Mar 31, 2022
Format:
Podcast episode
Titles in the series (100)
#3: Getting Started in Real Estate and Raising Money with Brian Burke: In today's show we talk with Brian Burke, a house flipper and real estate investor from Northern California with a fantastic story and fascinating business model. Two days ago, Brian wrote a wildly popular article on the BiggerPockets Blog titled,... by BiggerPockets Real Estate Podcast