YouTube sensation alert!
On today’s show, Brandon and David sit down with real estate investor and agent Kevin Paffrath of “Meet Kevin” on YouTube.
Kevin is young and doing great with real estate from several angles! He's built millions of dollars in wealth through single family properties in Southern California and shares some fantastic advice that will help you do the same.
You will love his advice regarding what he looks for in rehabs, what he avoids, and how he LOVES finding properties with problems! He also discusses how he found a deal holding an open house, how he avoids paying taxes on his profits, and how he was able to buy a house with his girlfriend while working at Jamba Juice!
This episode is high-energy, fun, and full of great practical advice for newbies and experienced investors alike.
In This Episode We Cover:
Buying his first property while working at Jamba Juice
How he bought with PMI, then removed it later
Why he invests as an agent
Why he tracks his net worth
Common problems that prevent investors from building wealth
Buying the majority of his properties from the MLS
How he talks to other agents to get deals sent to him
Finding a deal while holding an open house
Why buying SFR to build equity then exchanging into multifamily is a great strategy
Avoiding paying taxes
Looking where others aren’t for deals
How he still buys homes that get multiple offers
Why he DOESN'T want cash flow right now
A walk through of his latest rental
Attracting quality tenants
The best kind of relationship with real estate agents
The problems he avoids in rehabs
And SO much more!
Links from the Show
BiggerPockets Forums
BiggerPockets Pro
Email:
podcast@biggerpockets.com
David's Instagram
Brandon's Instagram
BiggerPockets Podcast 108: Building a $350 Million Real Estate Empire Using the 10X Rule with Grant Cardone
BiggerPockets Youtube
BiggerPockets Meetup
BiggerPockets Webinar Replay
Check the full show notes here:
http://biggerpockets.com/show357
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