You don’t want an enormous inheritance or nest egg to begin investing in actual property. Simply ask Cody Caswell, who landed his first deal at sixteen years outdated with solely $5,000. This property gave him on the spot money move, however extra importantly, it gave him a launchpad to develop his expertise, discover higher offers, and scale from cellular houses to multifamily!
Welcome again to the Actual Property Rookie podcast! Cody began small, however in the present day, he flips fifteen homes per yr, owns a fifty-six-unit condo complicated, and even runs an inside design enterprise—all earlier than the age of thirty. The key to his seven-figure success? He spent most of his twenties dabbling in nearly each investing technique till he discovered the one which aligned together with his strengths and pursuits. The very best half? His method is comparatively low-risk and extremely repeatable!
On this episode, Cody will share one of the best entry factors for purchase and maintain investing, the BRRRR methodology, and flipping homes. Whether or not you’re brand-new to the world of actual property otherwise you’re prepared to tug the set off in your first property, tune in to listen to about his actual property journey, some essential errors to keep away from, and what makes a “good” deal!
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In This Episode We Cowl:
- How Cody turned a $5,000 funding right into a portfolio of over fifty items
- Learn how to construct and scale your actual property enterprise from little or no cash
- The right starter funding properties (and methods to discover them!)
- The quickest method to double your money and get MORE cash to scale
- Why time in the market is extra vital than timing the market
- And So A lot Extra!
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Notice By BiggerPockets: These are opinions written by the writer and don’t essentially characterize the opinions of BiggerPockets.