The Hybrid Real Estate Professional Why This Investor Chose Rentals Over Stocks (3 Properties in 2 Years!)
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Jan 27, 2025 Zhiwei Wang, a tech professional turned remote real estate investor, shares his remarkable journey of building a rental portfolio while managing a full-time job and family life. He discusses strategies for investing in high-cost markets like Bellevue and highlights the advantages of diversifying into more affordable areas. Zhiwei emphasizes the importance of cultivating a trustworthy remote team and balancing property management with personal responsibilities. Tune in for insights on leveraging technology and setting achievable investment goals!
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Zhiwei's Real Estate Journey
- Zhiwei Wang, based in Bellevue, WA, started real estate investing with a condo in 2015.
- Leveraging equity, he transitioned to out-of-state rentals in St. Louis.
Diversification Strategy
- Diversification from stocks to real estate is a good strategy, especially in tech.
- Real estate offers tax benefits like depreciation, balancing volatile stock markets.
Building a Reliable Team
- Build a reliable team by talking to locals and gathering online information.
- Have backup plans in case part of your team fails.