Real Estate Rookie

267: 24 Units in 2 Years by Making Your Rentals Match the Market w/Andrew Freed

Mar 8, 2023

01:05:51

Creator website

Episode guests

Andrew Freed

Highlights

AI Chapters

Episode notes

The Importance of Being Proactive in Your Real Estate Career

01:29

How to Use a Line of Credit to House Hack

01:28

Are You Managing Self-Managing?

01:37

What's the Real Value of Increasing the Rent?

01:49

Introduction

3min

I Was Shot Would Ask Before a Bell

2min

Rent Ready - The Best Way to Make Money in Real Estate

3min

Are You a Project Manager in Real Estate?

4min

Is There a Moment That Really Made You Want to Change?

4min

You Need to Be Gratitude Every Single Day

3min

Do You Have a Habit Tracker?

6min

Are You Managing Self-Managing?

2min

The Key to Being a Successful Project Manager and Doing the Work Ahead

3min

10.

Doing a Due Diligence Is Incredibly Powerful

3min

11.

The Binder Strategy for Rent Stabilization

3min

12.

Keeping People in Multi's

4min

13.

What's the Real Value of Increasing the Rent?

2min

14.

Using the Income Approach on the Five Plus Unit Buildings

2min

15.

Vakasa Vacation Home Management Company

2min

16.

Shopify - The Commerce Platform Revolutionizing Millions of Businesses Worldwide

4min

17.

Commercial Real Estate - The Lending Side

2min

18.

How to Get a HELOC on a Primary Residence

2min

19.

How Many Lines of Credit Have You Done?

2min

20.

How to Scale Your Real Estate Portfolio

5min

21.

How Do You Automate Your Property Management?

3min

22.

The Real Estate Rookie Podcast - Andrew Freed

2min

Twenty-four rental units in two years! It’s possible, but only if you’re using the same principles that today’s guest has employed. With house hacking, HELOCs, the 80/20 rule, and a few more strategic investing moves, you too could fast-track your path to financial freedom. If you want to build your dream real estate portfolio without sacrificing decades in the process, these strategies will help you do it!

For Andrew Freed, a full-time project manager, real estate agent, and investor, these strategies have been life-changing. And even if you’re still a real estate rookie, you can do exactly what Andrew did to reach the same results. Thankfully, Andrew’s investing methods, tips, and tricks are well-rounded, well-developed, and easy to follow.

In this episode, Andrew walks us through how he managed to buy twenty-four units in two years, the moment the gears started turning in his mind, his personal development process, and the key principle that keeps him focused on his goals. Andrew also gives us his best advice for predicting and preventing problems in your rental properties, stabilizing, and raising the rent. From gaining the confidence to get started to finding investment partners, he offers valuable, step-by-step guidance we can all learn from.

In This Episode We Cover

The 80/20 principle and using it to cut out the unnecessary when investing

How focusing on personal development first can make you a better investor

Staying focused and getting to your goals faster

How to manage your rentals while working a full-time job

The key to gaining confidence and going after your dreams

The fastest ways to grow and scale your investment portfolio

Tips for predicting and preventing problems and stabilizing rental properties

Employing the "binder method" to set rent with inherited tenants

Using real estate meetups to find mentors and investment partners

And So Much More!

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