BiggerPockets Real Estate Podcast 561: Establishing Your “Beachhead” to Work Less and Invest MUCH More | Q&A w/Craig Curelop
Jan 23, 2022
Craig Curelop dives into house hacking, sharing his success in renting rooms to achieve financial freedom. He and David Greene tackle practical strategies for new investors, from refinancing unconventional properties to raising private capital. The conversation covers essential tips for managing rentals, especially in tricky winter months. They also emphasize establishing a clear 'beachhead' for strategic business growth, offering fresh insights on tenant management and the nuances of innovative investment methods. Perfect for aspiring real estate moguls!
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Beachhead Strategy
- Focus on one business at a time, establish it, and then move to the next.
- Conquer one beachhead at a time, like in the Normandy invasion.
Highest Dollar Per Hour Task
- Determine your highest dollar per hour task and focus your efforts there.
- Delegate or systematize lower-value tasks to free up your time.
Refinance Before Renovations
- Refinance a property before making major renovations that could affect appraisal.
- This allows you to access equity based on the original layout.