BiggerPockets Real Estate Podcast

521: Leukemia & Bankruptcy to Retired with 250 Units in 7 Years

Oct 21, 2021

Jeffrey Holst, a resilient real estate investor from Chattanooga, shares his remarkable journey from overcoming leukemia and bankruptcy to amassing a portfolio of 250 units in just seven years. He discusses the philosophy of having 'no bad days' and how embracing positivity transformed his challenges into opportunities. Jeffrey elaborates on innovative financing strategies and his 'sideways eight' approach that maximizes returns while benefiting partners. His story is a powerful reminder that adversity can fuel success in the world of real estate.

01:12:23

Episode guests

Jeffrey Holst

AI Chapters

Episode notes

Intro

5min

From Bankruptcy to Real Estate Success

26min

Transforming Mindset: The Journey to a Life Without Bad Days

3min

Transforming Expectations: Lessons from Life's Challenges

5min

Strategic Time Management in Real Estate Investments

6min

From Bankruptcy to Real Estate Success

19min

Authenticity in Public Speaking

6min

Overcoming Challenges and Connecting with Success Icons

4min

People often tell each other to “stay positive” in light of grim circumstances or hard times. This consistent positivity can feel forced when going through something truly terrifying, but it’s exactly what helped Jeffrey Holst fight cancer, get out of bankruptcy, and retire in only seven years. Once Jeffrey committed to having no bad days, he was able to either change his day that was going poorly or see the positive in everything around him.

This philosophy helped him spur on new relationships, find new partners, and close on deals creatively. It was never “we can’t close on this” for Jeffrey, it was “how can we close on this.” He uses what he likes to call the “sideways eight” strategy that allows him to have infinite returns when investing, all while giving his partners and private lenders a sizable profit.

Jeffrey also talks about seeing the positive attributes of negative situations, and how he was able to leave his job as a lawyer and hit financial freedom due to his cancer diagnosis and later bankruptcy. If Jeffrey was able to dominate the multifamily market with an underwater net worth, think of what YOU can accomplish in the world of real estate investing!

In This Episode We Cover:

Buying properties without credit, money, or experience

Creative financing strategies that allow you take tackle bigger and better deals

Fighting cancer and using hard times to fuel your success

Managing a portfolio of two-hundred and fifty units

The “last life philosophy” and how it gives you a clear path to victory

Syndicating on a small scale to close multi-million dollar deals

Analyzing your market as a "boots on the ground" investor

And So Much More!

Links from the Show:

Carlton Sheets Real Estate Course Infomercial

Matt Faircloth's BiggerPockets profile