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The Hybrid Real Estate Professional

From Prescriptions to Properties: Building an 18 Property Remote Rental Portfolio While Working Full-Time

Mar 11, 2024
46:53

In this episode of The Hybrid Real Estate Podcast, I sit down with, Joe (known as @Huskerrx on Twitter), a Midwest pharmacist who, alongside his wife has built a remarkable portfolio of 18 single-family homes from 2010 to 2020 while working full-time and raising a family. In this episode, Joe shares how he managed the transition from living locally to managing his real estate investments from a distance. Utilizing technology, fostering valuable relationships, and implementing creative strategies that have allowed him to manage his portfolio effectively. Chapters: 00:00 Introduction 01:38 Joe's early real estate experiences and challenges 02:51 Expanding the portfolio and learning from experience 05:17 Strategic financing and portfolio Growth 16:53 Technology in managing properties 17:56 Balancing real estate management with personal life 22:41 Tenant stories: The hostage situation 24:04 Overcoming challenges and continuing the journey 24:42 Direct communication with tenants 25:47 Navigating unexpected issues 27:27 Understanding the risks and responsibilities of property ownership 28:18 Strategic Property Selection: The Advantage of Cookie Cutter Homes 29:29 Building long-term relationships with real estate agents 37:40 Role of a handyman in property management 39:34 Navigating late payments and evictions 41:59 Compassion and flexibility in landlord 45:01 Building successful remote landlord systems Reach out to Joe ⤵︎ Twitter- https://twitter.com/huskerrx ▬▬▬▬▬▬▬▬▬▬CONTACT▬▬▬▬▬▬▬▬▬▬ Feel free to reach out to me at any of the following: Email: aaron@aaronameen.com Twitter: https://twitter.com/AaronAmeen Instagram: https://www.instagram.com/thehybridrealestatepro/ LinkedIn: https://www.linkedin.com/in/aaron-ameen/ .................................................................................................................. Thanks for watching, and if you liked this video, please leave a LIKE. Subscribe to my channel and click the 🔔 icon for notifications when I post a new video. If you like this video, I’m sure you’ll love my tweets & newsletter. Please follow me on Twitter @AaronAmeen - https://twitter.com/AaronAmeen or subscribe to my newsletter at https://www.thehybridrealestateprofessional.com. I write about the bridge of career, family & finances (specifically real estate investing). Have a fantastic day! -Aaron Ameen ............................................. Disclaimer: Some of the links may be affiliate links, meaning, at no additional cost to you, I will earn a commission if you choose to make a purchase. I am very grateful for your support of this channel in this way. Thank you.

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