Real estate investing is no longer just for older generations! Today on the BiggerPockets Podcast, we sit down with Houssein Al-Eidan, an accountant from the St Louis area who has purchased 25 rental units — and he’s just turning 25 years old this month! You’ll hear Houssein’s unique strategy of buying lower-price properties (many from auctions) and using a variety of strategies to increase his returns (including AirBnB and even leaving some properties vacant!). This show is bound to leave you inspired to expand your own real estate portfolio — no matter what age you are.

In This Episode We Cover:

How Houssein found BiggerPockets
How he relocated from Kuwait to St. Louis (and why)
How he discovered real estate through TV shows
What his first deal was like
How he dealt with a complicated foreclosed property with an existing tenant
The total number of deals he’ve done so far in the past year
How his numbers look for his condo units
What his game plan is after buying so much property
How he funds these properties through seller financing
The importance of understanding the seller’s motivation
Tips on Airbnb properties
How be built a team for delegation
A word of caution in this type of investing
And SO much more!

Links from the Show

Books Mentioned in this Show

The Book on Investing with Low or No Money Down by Brandon Turner
The Effortless Empire by Chris Gray
How to Win Friends & Influence People by Dale Carnegie

Tweetable Topics:

“The first purchase may not be always be the best.” (Tweet This!)
“Once you understand the seller’s motivation, from there you can customize a plan.” (Tweet This!)

Connect with Houssein

Houssein’s BiggerPockets Profile

Learn more about your ad choices. Visit megaphone.fm/adchoices

199: 25 Doors by Age 25 with Houssein Al-Eidan