EP332: How Joe Lieber Acquired 100+ Free & Clear Single-Family Rentals (and his Advice for You)

Joe Lieber has been in the real estate business for over 20 years and has learned a thing or two about the industry. Times were tough when the 2009 market crash happened, but he was able to pull through and acquire assets. Today, he has everything paid off, but it came with some struggles and some hard lessons learned. Find out more about Joe and how he's living a life filled with purpose.

Key Takeaways:

• Joe has over 100 free and clear single-family rentals.
• Who is Joe and how did he first get started in real estate?
• Joe always knew he wanted to live a lifestyle by design and not by default.
• When Joe first got started, he had a lot of debt, a lot of turnover, and he wasn't cash-flowing on his properties.
• Joe quickly explains what rent-to-own means.
• How did Joe survive the 2009 real estate crash?
• Fast forward to today, what does Joe's rental portfolio look like?
• How was Joe managing 200-plus rental properties?
• What does it feel like to have 100 single-family assets paid off?
• How can you achieve Joe's success in a smaller amount of time?
• What advice does Joe have for someone who wants to have a rental portfolio?
• What are some of the challenges people need to be aware of when building a portfolio of this magnitude?
• Is rental property truly passive income?
• Joe shares a passive way to make money.

Mentioned in This Episode:

Interested in joining the Hybrid Coaching & Mastermind Group Alex & Steve launched? Apply to Join ASCEND

Connect with Joe: Clevelandhousebuyers.com

Tweetables:

"I did not have a mentor or a coach from 1997 to 2009. And, don't ever do that. Spend the money; get the coaches."

"It's real freedom. It's what I've chased from 1997 to 2017. It took me 20 freaking years to make this happen."

"You can't go broke with a free-and-clear home."

Ask Alex A Question:

Have a question you want featured on an upcoming Flip Empire Show?

Head over to the Ask Alex page, and record your question. We've made it super easy for you, so let us know what challenges you are having, and Alex will answer it personally!

Did you get your FREE Online Course?

Text the word EMPIRE to 67076, and we'll send you a link to get instant access to the "5 Ways To Scale Your Real Estate Wholesaling Business To Six Figures (In 6 Months Or Less)" video module training course.

Subscribe To The Flip Empire Show, and Leave a Rating & Review!