Show notes
Success leaves clues! Rather than trying to figure it all out on your own, why not listen to someone who has been involved with nearly every aspect of real estate for decades?
On today’s episode of The BiggerPockets Podcast, we sit down with Jay Hinrichs, an investor and hard money lender from Oregon, to learn how he has navigated the real estate market for more than 40 years—and how you can grow your own business from his wisdom!
In This Episode We Cover:
- How Jay Hinrichs started when he was 18
- A discussion on whether you should get a license or not
- His first houses in the Bay area
- Why agents are not investing
- What a hard money lender is
- How to be approved by hard money lender
- How Jay became the largest hard money lender in his area
- Why you should consider the BRRRR strategy (and how he’s been doing it for years)
- How to do something nice for somebody (through BiggerPockets)
- Why you should go ask in the Forums
- Tips for finding the right partners
- How to get the “lion’s share“
- The most common question in the Forums
- And SO much more!
Links from the Show
- BiggerPockets Forums
- BiggerPockets New Members Introduction
- Joel Owens’ BP Profile
- Josh’s Twitter Profile
- BiggerPockets Keyword Alerts
- BiggerPockets Hard Money Lenders (listing)
Books Mentioned in this Show
- Think and Grow Rich by Napoleon Hill
- Rocket Fuel by Gino Wickman
Tweetable Topics:
- “When you’re starting out and you don’t have the money, you need to honor the money.” (Tweet This!)
- “Any investor that I bring in a deal always makes more money than I do.” (Tweet This!)
- “I will never retire. I’ll be doing this until I’m not functional. I love what I do.” (Tweet This!)
- “Every market is different. You have to play to the market.” (Tweet This!)
Connect with Jay
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