Episode #464
Episode Show Notes: https://link.chtbl.com/Rookie
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Real Estate Rookie - Episode #452: The Rookie’s Cheat Sheet for Market Research (Find Where to Invest in 2024):
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Snowballing a $20,000 investment into eleven rental properties…in under four years?! Most investors are happy to add ONE property to their real estate portfolio every year or so, but this rookie wants to get a head start on his ultimate goal—creating enough cash flow to retire him and his wife!
Welcome back to the “Real Estate Rookie” podcast! After years of job hopping, Bryan Field wondered whether settling into a traditional nine-to-five job would ever be in the cards for him. As fate would have it, Bryan stumbled on BiggerPockets at a crossroads in his life, and real estate investing quickly became his new obsession. The only problem? His hometown of San Diego, California was well outside his price range. So, he and his wife took a leap of faith and moved to Arizona, which is where he found his first rental property!
In just a few short years, Bryan has had the FULL investing experience—changing investing strategies mid-deal and investing in markets all over the country. Along the way, he has moved to low-cost-of-living areas to save money, rolled home equity into more deals, and found rare off-market properties (seller-financed)!
00:00 Intro
01:00 11 Properties in 4 Years?!
04:38 Moving to a Low-Cost-of-Living Area
11:31 How to Use Equity to Scale
16:34 “Failed” Flips & Changing Strategies
25:08 Building His Out-of-State Team
29:10 Current Portfolio & Cash Flow
35:41 Connect with Bryan!