#153: From $600k in Debt to 108 Single Family Rentals with Linda McKissack
Published December 17, 2015
60 min
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    On today’s episode of the BiggerPockets Podcast, we are excited to bring you an interview with a prolific investor (and author of one of the world’s biggest real estate books, HOLD: How to Find, Buy, and Rent Houses for Wealth), Linda McKissack! Linda currently owns 108 single family homes — but she didn’t start out that way. Learn how Linda discovered the power that real estate can have on a lifestyle and the mindset needed to make your dreams a reality. This show will blow you away with Linda’s honesty, integrity, and story of excellence. Don’t miss a second of it! In This Episode We Cover:Who Linda is and how she started investing with huge debtThe size of her portfolioWhy she dropped out of college to become an entrepreneurHow she bought property without money or good creditA look at financing back in the ’80sHow to recession-proof your lifeA discussion on speculation vs. investingHow every market is differentWhat her freedom number isHow to get deals by helping others build wealthPartnerships and whether newbies should seek them outWhy freedom means having optionsThe importance of taking the next step and avoiding analysis paralysisLinda’s formula for finding good dealsHow to figure out the best criteria for youWhat keeps her continuing to invest despite reaching her goalsTips for forming a teamAnd SO much more!Links from the ShowBe a Guest on the PodcastFinding Your “Freedom Number” with Clayton MorrisBooks Mentioned in this ShowHOLD: How to Find, Buy, and Rent Houses for Wealth by Steve ChaderBrandon Turner’s The Book on Investing with No or Low Money DownRich Dad Poor Dad by Robert KiyosakiRich Dad’s CASHFLOW Quadrant by Robert KiyosakiThe ONE Thing by Gary Keller and Jay PapasanBuilding Wealth One House at a Time by John SchaubThe Millionaire Real Estate Investor by Gary KellerThe Book on Rental Property Investing by Brandon TurnerTweetable Topics:“If you do the right activities, the money shows up.” (Tweet This!)“The more money you make, the more options you have and the more good things you can do.” (Tweet This!)Connect with LindaLinda’s BiggerPockets ProfileLinda’s Website
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