Too busy to buy rental properties? After this episode, you won’t have any more excuses. Brandon and Dani Tilson started building their rental property portfolio just under a year and a half ago and have already acquired six properties while working schedules that would make most people faint. We’re not talking about one job or two; we’re talking about working three jobs while raising a family and self-managing a rental portfolio. So, if you’re working less than eighty hours a week, this is your sign to get started!
After growing up with a struggling single mother, Brandon vowed that his children should never have to worry like he did. After learning about real estate, Brandon was ready to invest, but his wife, Dani, was not. Cash in the bank was a luxury Dani wanted to hold on to, but after many long conversations, the couple agreed to try their hand at rental properties. Their first deal didn’t go as planned, but it helped them build momentum and turn a small sum into a cash-flowing rental portfolio.
In this episode, you’ll hear exactly how Brandon and Dani scaled to six units in just a year and a half, the property management software they use to run their portfolio painlessly, and how to get your spouse on the real estate investing bandwagon. Brandon and Dani are set to retire in just five years, and if you tune in, you can too!
In This Episode We Cover
Building a rental property portfolio that will allow you to retire in five years (or less)
Why you should NOT try to DIY your first rental property renovation
What to do when you want to invest but your spouse or partner isn’t interested
Cash-out refinances vs. HELOCs and which makes more sense with today’s high-interest rates
Property management software and how to run a rental portfolio without pulling your hair out
“Alignment meetings” and how to conquer your craziest goals even with a hectic schedule
And So Much More!
Links from the Show
Find an Agent
Find a Lender
Ashley's BiggerPockets Profile
Ashley's Instagram
Tony's BiggerPockets Profile
Tony's Instagram
Real Estate Rookie Facebook Group
Join BiggerPockets for FREE
Analyze Your Own Deals Using the BiggerPockets Rental Property Calculator
Manage Your Property with RentRedi
Hear Our Interview with Husband and Wife Investing Duo Devana and Reid
How to Easily Analyze Rental Properties
Connect with Brandon & Dani:
Brandon & Dani's Instagram
Check the full show notes here: https://www.biggerpockets.com/blog/rookie-293
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