18 Homes within the First 18 Months with Paul Thompson

18 Homes within the First 18 Months with Paul Thompson

Begin sluggish—or take off like a rocket? In the case of actual property investing, the selection isn’t the identical for all. This week, our visitor Paul Thompson made a transparent selection: Rocket! After realizing the delicate nature of his six-figure wage, he got down to change his wage with passive earnings—as shortly as potential. This led him to common a brand new dwelling buy each month for the primary 12 months and a half, and shortly he had true monetary freedom and stop his 9–5. This present is packed stuffed with actionable suggestions, together with some never-before-heard-on-this-podcast methods for locating offers with the usage of digital assistants, Craigslist, and chilly calling! That is one episode for which you’ll have to take some notes, so seize a pocket book and let’s get into it!

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In This Episode We Cowl:

  • Paul’s backstory previous to actual property investing
  • His first deal doing the BRRRR technique
  • What’s escape velocity?
  • P.I.L.E. (Passive Revenue larger than your Dwelling Bills)
  • How he manages his properties
  • Discovering personal cash lenders by BiggerPockets
  • His system in making presents
  • Issues he seems to be for in every deal
  • The right way to negotiate for vendor financing
  • Topic-to defined
  • Why does he L.I.E. on daily basis?
  • His fascinating ideas about cash
  • How he balances his time
  • The third-party catalyst
  • And SO way more!

Hyperlinks from the Present

Books Talked about on this Present

Fireplace Spherical Questions

Tweetable Subjects:

  • “What number of offers do you will have is the incorrect query to ask. It’s how a lot cashflow are you producing?” (Tweet This!)
  • “By no means assume that what’s essential to you is essential to the opposite occasion.” (Tweet This!)
  • “There’s loads of cash for the stuff you actually need.” (Tweet This!)
  • “You don’t need money, you need what money can provide you.” (Tweet This!)

Join with Paul

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Realt Writer

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