How does a world-class soccer star set himself up for a lifetime of financial freedom? Rental properties! That’s the story on today’s episode of The BiggerPockets Podcast, where we sit down with Nat “The Beard” Borchersto learn how he built a sizable portfolio of rental properties while traveling the country (and the world!) as a professional athlete. Nat shares his humble “hammer-swinging” beginnings, as well as the systems that today allow him to live a life of freedom while others manage his units. Don’t miss a moment of this powerful and hilarious episode!
In This Episode We Cover:Nat’s background as a professional soccer player and his first dealHis current number of propertiesWhat exactly a 1031 exchange isExpert tips for finding dealsHow to use social networking to your advantageSpecifics on a recent dealHow he found great prices just an hour and a half from his areaHow to increase the rentCommercial loans vs. traditional loansSub-metering a propertyThe story behind why he hires property managersHis 28-house portfolio dealAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets Money ShowBiggerPockets EventsBiggerPockets 1031 Exchange GuideThe 1031 Exchange Ultimate Guide for Real Estate Investors (blog)BiggerPockets Landlord FormsTrue SubmeterBiggerPockets Podcast 131: Investing in Multifamily Properties in a HOT Real Estate Market with Serge ShukhatAppFolioMindy’s Twitter ProfileMindy’s InstagramBrandon’s Twitter ProfileBrandon’s InstagramBooks Mentioned in this ShowHow to Work a Room by Susan RoAneHow to Win Friends & Influence People by Dale CarnegieBuilt to Last by Jim CollinsThe Book on Tax Strategies for the Savvy Real Estate Investor by Amanda Han and Matt MacFarlandDefensive Real Estate Investing by William BronchickThe Compound Effect by Darren HardyThe Lifeonaire by Steve CookFire Round QuestionsWhat questions to ask when choosing a Property Management CompanySomeone who makes you very uneasy!Tenant is subletting on AirBnb, what should I do?Whats YOUR Metrics for Buy and Hold investments?Multi-Family Purchase InspectionTweetable Topics:“Today, you don’t find good deals. You make good deals.” (Tweet This!)“Nothing ventured, nothing gained.” (Tweet This!)Connect with NatNat’s Personal WebsiteNat’s Twitter ProfileNat’s Instagram ProfileNat’s Facebook Page