68 min listen
221: From Corporate Cog to 10-Unit Landlord in Just 2 Years! w/Brandon Rush
221: From Corporate Cog to 10-Unit Landlord in Just 2 Years! w/Brandon Rush
ratings:
Length:
55 minutes
Released:
Sep 28, 2022
Format:
Podcast episode
Description
If you’re hesitant to start your real estate investing journey, ask yourself this—where would you be now if you started ten years ago, and where could you be in ten years if you started today? As today’s guest, Brandon Rush, said, “everything you enjoy today, is the result of something you did five to ten years ago.” Brandon currently has three multi-family homes with a total of ten units. Brandon started his investing journey when he couldn’t see the light at the end of the tunnel with his W-2. He couldn’t imagine himself working a nine-to-five until sixty-five, so he decided to take his future into his own hands and started house hacking. After two years of hard work and planning, he was able to quit his W-2 a month ago to be a full-time real estate agent.Brandon’s success is not without sacrifice. He moved out of his single-family home and moved an hour away from work for his first house hack. And, of course, after his first house hack, he moved to his second house hack! Moving required Brandon and his wife to get rid of most of their things and travel lightly. Although moving and getting rid of material things can be difficult, for Brandon, getting rid of clutter helped clear his mind and reinforced the idea that he was on the right path. Brandon is confident in his investing choices because he surrounds himself with like-minded people, has built an investor-friendly network, and knows that all his decisions now will benefit his future self.In This Episode We CoverHouse hacking 101—how to get started and why it’s a great way to start investingHow to build an investor-friendly network and the importance of surrounding yourself with like-minded peopleSelf-managing your tenants—how to set boundaries and expectations from the startCreating your lease agreement and how to properly screen tenantsWhy cash flow is the most overrated metric of success and how to accurately measure your property's performanceAnd So Much More!Links from the ShowAshley's InstagramTony's InstagramMLSAirbnbBiggerPocketsFacebook MarketplaceRealtor.comBiggerPockets CalculatorTenantCloudReal Estate Rookie Facebook GroupConnect with Brandon:Brandon's FacebookBrandon's InstagramBrandon's BiggerPockets ProfileCheck the full show notes here: https://www.biggerpockets.com/blog/rookie-221Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Sep 28, 2022
Format:
Podcast episode
Titles in the series (100)
Finding Off-Market Deals, Step-by-Step with Ryan Dossey (Mentor) and Drew Wiard (Mentee): Part 1 by Real Estate Rookie