In this episode of The BiggerPockets Podcast, we’re excited to talk about two incredibly powerful strategies any real estate investor (new or experienced!) can use to grow their business: partnerships and BRRRR investing.
Today’s guest, Ian Reeves, used a combination of both these strategies to build an incredible portfolio in just the past few years, having started after listening to this very podcast. This episode is sure to blow your mind with both education and entertainment, so sit back and prepare to have your world rocked forever!
In This Episode We Cover:How Ian got startedThe details of his first propertyWhy house hacking is a good ideaHow he has 65 units alreadyWhy he chose partnershipTips for finding the right partners through BiggerPocketsThe pros of being a part of an REI meetupWhat you should know about the BRRRR strategyA look into whether you should buy expensive propertiesWhere he got his initial loanThe dangers of commercial loansThe importance of having the right mindsetThe secret to scaling quicklyThe worst deal he has ever doneAnd SO much more!Links from the ShowBiggerPockets ForumsCreation Festival Northwest10th Avenue NorthFinconHouse Hacking 101Brandon’s InstagramMindy’s InstagramBiggerPockets Events500 Deals, the $100,000 Wholesale Paycheck, & the Systems That Make it Work with Tarl YarberA Simple Morning Ritual to Help You Dominate Every Area of Your Life with Hal ElrodTim Ferriss Show: Derek SiversHow to Find and Fund Real Estate Deals with Anson YoungBooks Mentioned in this ShowRich Dad Poor Dad by Robert KiyosakiThe Millionaire Real Estate Investor by Gary KellerThe Miracle Morning by Hal ElrodSet for Life by Scott TrenchThe One Thing by Gary Keller and Jay PapasanThe Book on Rental Property Investing by Brandon TurnerThe 4-Hour Work Week by Tim FerrissMastery by Robert Greene80/20 Sales and Marketing by Perry MarshallFire Round QuestionsMailing campaign – letter, post cards (Still a good idea?)I just turned 22, what is the best path for a strong portfolio?How the Heck Are You Doing 5-10 BRRRRs Per Year?!Looking for networking advicePartnership Learning ProcessTweetable Topics:“It’s a dangerous situation when you are not reinvesting your profits.” (Tweet This!)“Fifty percent of a deal is better than 100 percent of no deal.” (Tweet This!)“Just tell the people what you’re doing and they can sense the passion.” (Tweet This!)“All the information that you could ever want is already out there. It’s up to you if you implement or not.” (Tweet This!)Connect with IanIan’s BiggerPockets ProfileIan’s Facebook ProfileIan’s Youtube Channel