How many rental properties do you own? It could be one or one hundred rentals. But, whether you’re a rookie or veteran real estate investor, it’s hard to not be impressed by Jason Rash’s story. Jason has put off investing in real estate for most of his working life, focusing more on passive income streams like investing in stocks. This all changed when Jason saw tens of thousands in stock value disappear from his accounts.
He wanted something more reliable, stable, and calculated that he could control. Of course, real estate investing fits that criteria exactly. So what did Jason do? Did he go and buy one rental, wait a few years, and then try to buy another? Nope. Jason went and bought ten properties over the span of eight months. That more than one property a month within his first year of investing!
Be warned, there is a method to this madness. Jason has a tight control on his long-distance investing, having only the best agents, property managers, plumbers, electricians, and contractors on speed dial. This wasn’t a system he fell into, this was a system he intentionally built. Jason shares his six-part criteria that any new investor can use, especially when trying to minimize headaches and maximize cash flow.
In This Episode We Cover:
The huge competitive advantage of having local knowledge and a core four
Lowering your property management fee while creating a win-win for both parties
Seller credits and using them to finance house repairs and upgrades
Fighting off “shiny object syndrome” so you can stay focused on your goal
Jason’s six-step criteria to buy headache-free houses when investing from a distance
Building a scalable, repeatable, simple system for finding, funding, and closing on great deals
And So Much More!
Links from the Show:
BPCON2021
Zillow
TEDx Talks: How to Succeed at Doing Anything | David Greene | TEDxRoseville
Airbnb
BiggerPockets Website
David Greenes's Instagram
Grant Cardone's Website
Check the full show notes here: https://www.biggerpockets.com/show566
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