Many rookies assume it’s easier to buy a rental property in their own market, but today’s guest proved you don’t need to by taking down his first deal in another area of the country, sight unseen. And good thing he did, because it not only pocketed him $250,000 but also gave him the confidence to leave his W2 job, move to another country, and go all in on real estate investing!
Welcome back to the Real Estate Rookie podcast! Stephen Keighery was living in one of the most unaffordable cities in Australia when he decided to try his hand in another market. Then, after a few home-run deals, Stephen packed up and moved across the world to New Orleans, where he’s since built his own real estate business. By pairing wholesaling and the BRRRR method (buy, rehab, rent, refinance, repeat), he earns active income while rapidly scaling his portfolio!
Stephen’s secret? He knows his strengths and uses them to his advantage—leveraging his marketing and sales background to grow his network and build rapport with potential sellers. In this episode, he’ll show you how to dig into the data and identify up-and-coming markets, hunt down off-market properties, and close!
In This Episode We Cover
How Stephen made $250,000 in profit from his very first real estate deal
Building a real estate business that can replace your W2 income
How to scale your real estate portfolio from anywhere in the world
Using public data to identify up-and-coming real estate markets
How to land your first wholesale real estate deal (in six months or less)
And So Much More!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-651
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