121: 10 Units in Multiple States, All in Just Under 2 Years!

Oct 13, 2021

59:37

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Tony Robinson has some great ideas, like creating a short-term rental empire in both Joshua Tree, California, and the Smoky Mountains over in Tennessee. Tony talked so highly of the latter investing region, that today’s guest, Cale Delaney decided to pack his whole family into the minivan and make the 10+ hour drive to check out the area. Shortly after, Cale was under contract for not one, not two, but three cabins!

This wasn't Cale’s first experience with real estate investing. Back at the beginning of 2020, Cale had a mental shift where he realized that real estate could be the key to setting him financially free. He scoured homes all over his area of Florida until he came across a fourplex which rejected one offer from him but later accepted another. He made three of these units long-term rentals, and the other one a short-term rental.

Cale went from zero to ten units in only a year and a half or so, without a ton of management experience of extravagant funding. If he can do it, you can too!

In This Episode We Cover

How to get your first property under contract, even if you keep getting rejected

Managing locally before stepping into long-distance investing

How a quick closing can lead to more deals in your pipeline

Getting off-market properties under contract even in a competitive area

Financing real estate investments using conventional loans, HELOCs, and more

Scheduling time now to plan for freedom tomorrow

And So Much More!

Links from the Show

Real Estate Rookie Youtube Channel

Ashley's Instagram

Tony's Instagram