#147: Turning “Weird” Properties Into Cash-Flowing Monsters with Johnny Youssef
Published November 5, 2015
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63 min
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    Sometimes to find success, you have to think outside the box! That’s why today on the BiggerPockets Podcast we’re excited to bring you an interview with Johnny Youssef, a young investor who has found clever ways to turn properties that no one else wants into cash flowing monsters. You’ll be inspired and motivated after hearing Johnny’s story, as well as his philosophy of using “financial freedom” to help others. Don’t miss a second of this powerful show! In This Episode We Cover:Thoughts on this year’s epic battle: the Mets vs. the RoyalsWho Johnny is and how he started investing during collegeHow he got his real estate license early to get the commissionsHow he managed 7 properties from a young ageThe importance of understanding and helping your marketThoughts on how to fund a propertyInsight into the question: To have a real estate license or not?How to start out in real estate with no moneyWhy the first property he bought was a duplexHow to use the same money to keep your business growingA look at Johnny’s current portfolioBig mistakes people make in hiring employeesThe level of finish you should aim for when flipping propertiesHow to tenant-proof your propertiesWhat is he currently looking at right nowThe importance of thinking outside of box when investingJohnny’s thoughts on flips vs. rental properties How to manage vacanciesTips for new investorsAnd SO much more!Links from the ShowBiggerPockets YoutubeA Beginner’s Introduction to Real Estate Investing (Course)The Key to Business Success with Bestselling Author of The E-Myth Michael GerberBooks Mentioned in this ShowRich Dad Poor Dad by Robert KiyosakiThe E-Myth Revisited by Michael GerberTweetable Topics:“Look for something that has equity in it. Make money out of it and start investing in other things.” (Tweet This!)“When you’re buying, especially when you are still starting, you’re gonna be emotional about things.” (Tweet This!)Connect with JohnnyJohnny’s BiggerPockets ProfileJohnny’s Personal BlogJohnny’s InstagramPeriscope: @johnnyyou
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