8 Rental Properties in 1 Year by Finding Deals BEFORE Money

Описание: When buying rental properties, big risks may seem intimidating, but real estate favors those who value risk. An investor’s willingness to take a calculated risk separates the good from the great. And today’s guest, Grace Gudenkauf, is definitely on her way to greatness. This ambitious 24-year-old has managed to get seventeen doors between eight properties under her belt in less than a year, and she shows no signs of slowing down.

She was first introduced to real estate when her boyfriend decided to flip a house. It didn’t pique her interest until she reviewed the numbers and saw the potential. Since then, hard work and calculated risk have allowed her to have the accelerated success any new investor dreams of. A substantial amount of this success is due to her and her boyfriend making it a point to “never let the money stop them”, they “get the deal first and then find the money.” Most would be reluctant to take this approach, but it has worked phenomenally for Grace.

From talking directly to a VP at a local bank to deciding to leave her W-2, Grace keeps taking risks in the name of real estate, and it keeps paying off. When it came to deciding if she would leave her W-2 or not, Grace looked at the worst-case scenario to weigh her options. After it was all laid out—her worst-case financially, emotionally, and socially—she decided the risk was well worth it. This is an episode you don’t want to miss.

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Join the Real Estate Rookie Facebook Group:
  / realestaterookie  
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Listen to Our Interview with Multi-Unit Landlord Nick Cooley:
https://www.biggerpockets.com/blog/ro...
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The Essential Elements of the Creative Financing Toolbox:
https://www.biggerpockets.com/blog/cr...
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Estimate Rehab Costs Quickly with this Simple 6-Step Process:
https://www.biggerpockets.com/blog/ho...
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8 Crucial Points to Consider BEFORE Quitting Your Job to Invest Full Time:
https://www.biggerpockets.com/blog/20...
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Follow Grace on Instagram:
@grace.investing or   / grace.investing  
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Connect with Ashley and Tony on BiggerPockets:
Ashley: https://www.biggerpockets.com/users/e...
Tony: https://www.biggerpockets.com/users/t...

Episode 161

Show notes at: https://www.biggerpockets.com/rookie1...

0:00 Intro
6:00 Getting into Real Estate & Her Current Portfolio
12:20 Creating an LLC & Using Commercial Loans
19:52 Deciding to Leave Her W-2
25:22 Rookie Deal Review
33:44 Mindset Segment
34:41 Rookie Request Line
37:46 Rookie Exam
40:26 Rookie Rockstar