One couple is building MASSIVE passive income and generational wealth by buying rental properties for zero dollars out of pocket, sometimes with zero percent interest rates. It sounds too good to be true, doesn’t it? Well, if you’re willing to get a bit creative, you too can build a real estate portfolio that will lead you to hundreds of thousands of dollars a year in passive income, even if you start with little money or experience.
Dedric and Krystal Polite are wholesalers, buy and hold rental investors, house flippers, business builders, and, most importantly, husband and wife. After reading the personal finance classic Rich Dad Poor Dad, Dedric had a vision to become rich. It wasn’t until Krystal came into his life that he finally took the steps to realize that dream. Now, they own a massive income property portfolio and host A&E’s 50/50 Flip.
In today’s episode, you’ll hear how Dedric and Krystal started with no money, no passive income, and no business knowledge, how they built up their first wholesaling business, how they transitioned into rentals, and the new business they’re investing in that could make them millions. Plus, they give some solid tips on how to invest with a spouse and the question you MUST ask your partner now to make sure they’re willing to build wealth with you.
In This Episode We Cover:
The no-money-down, zero-interest creative financing you can use to buy rentals TODAY
Building multiple streams of income and why you CAN’T just wholesale and flip houses
Investing in small businesses and building a $500K/year passive income stream
The real key to creating multigenerational wealth that’ll actually last
How to know whether or not you should invest with a partner or spouse
When you should (and definitely shouldn’t) use private money on your deals
And So Much More!
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Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-868
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BiggerPockets Real Estate Podcast