If you bought and held **10 **rental properties)—each being paid down by tenants—imagine where you would be 10, 20, or 30 years from now. Financially free? Retired? Today’s guest isn’t worried about cash flow) or making a quick buck. He’s using a proven, repeatable formula to build wealth with real estate), and in this episode, he’ll show YOU how to mirror his success!
Welcome back to the Real Estate Rookie podcast! Zach Stanley went from selling printers to buying a pair of rentals without really knowing what he was getting into. Now, at just 28 years old, Zach already has 10 properties to his name and over $1 million in total equity. The cherry on top? He brings in $3,500 in monthly cash flow, even though he’s playing “the long game” with his investments. This allows him to reinvest his profits, save for down payments), and scale his real estate portfolio) faster!
In today’s episode, Zach will show you how to find great real estate deals with “conservative” analysis and share the number one mistake new investors make when looking for properties. You’ll also learn why appreciation) beats cash flow,* especially* if you want to scale quickly and build long-term wealth!
In This Episode We Cover:
How Zach scaled to 10 rental properties and over $1 million in equity
Reinvesting your **cash flow **to build your real estate portfolio faster
The massive advantage you gain by teaming up with an investor-friendly agent)
The rookie’s biggest “blind spot” when analyzing real estate deals
Why a sales job can help prime you for real estate investing) success
And **So **Much More!
Links from the Show
Ashley's BiggerPockets Profile)
Real Estate Rookie Facebook Group)
Follow Real Estate Rookie on Instagram)
Ask Your Question for a Future Rookie Reply)
“Like” Real Estate Rookie on Facebook)
Follow Real Estate Rookie on Instagram)
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Grab the Book, “Pillars of Wealth”)
Sign Up for the Real Estate Rookie Newsletter)
Find an Investor-Friendly Agent in Your Area)
Check out more resources from this show on BiggerPockets.com) and https://www.biggerpockets.com/blog/rookie-549)
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