Investing in Classy Homes and Rentals

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I started doing burrs before the term burr was invented. Just intuitively, it seemed like the right thing to do. So I bought that four family in Ashland, Massachusetts in 2008. A video started giving me 30 year fixed and 15 year fixed on non-owner occupied rental property. And here's the other thing. When I go to a bank today and I buy a place for 200 and it's worth 300, they want to loan you like 170.

Patrick Donley talks with Jeff Higgins about building a self-managed portfolio, managing remote rentals, and his learnings from being a men’s success coach.

Jeff is a real estate investor with a portfolio of 87 units — 57 in Massachusetts and 30 in Florida. He self-manages his properties and is also a licensed broker in both states. He also works as a men’s success coach for the Fraternity of Excellence, where he helps men find their inner strength and counsels them on their finances.

IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

05:15 - How Jeff became involved with the Fraternity of Excellence and men’s success coaching.

07:27 - What his inspiration to invest in real estate was.

16:41 - What entering the Florida market has been like.

27:43 - How he trained his handyman to handle property management.

29:02 - Why he prefers Section 8 rentals.

35:01 - How he self-manages 87 properties in two different states.

42:25 - Why the poem “If” by Rudyard Kipling is his favorite poem to learn to be mentally strong.

52:54 - What the most common mental barriers holding people back are.

And much, much more!

*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
Robert’s book The Everything Guide to House Hacking.
Rich Dad Poor Dad by Robert Kiyosaki.
Richer, Wiser, Happier by William Green.
The Confident Mind by Dr. Nate Zinsser.
How I Turned $1000 into Five Million in Real Estate by William Nickerson.
How to Make Money in Stocks by William O’Neil.
Fraternity of Excellence.
If by Rudyard Kipling.

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