81 Rental Units at 21 by Doing What 99% of Investors Won’t
Eighty-one rental units all through the MLS? Yep, it’s possible! While not all properties sitting on the MLS are home runs, today’s guest Cody Davis can confirm there are multiple cash flowing needles in the public housing market haystack.
Cody and his partner have been able to grow their portfolio to eighty-one units, all through seller financing and all found on-market. These deals not only cash flow but once paid off will allow Cody to retire not only himself but his mother as well. Did we mention that he’s twenty-one years old at the time of this recording? Another under-thirty-expert to add to our list of impressive guests!
While many investors give up after initial pushback over seller financing, Cody goes one step further by having the investor emotionally invest in his success. No tacky sales methods or pushy conversations—just honest work with a clear vision that a seller can relate to. Cody is top of his class in terms of managing properties, acquiring new ones, and working with sellers—a guest ANY investor can learn a lot from!
~~~~
Join BiggerPockets for FREE:
https://www.biggerpockets.com/signup
~~~~
Check Out All the BiggerPockets Tools and Calculators:
Tools: https://www.biggerpockets.com/investment-calculators
Rent Estimator: https://www.biggerpockets.com/insights/property-searches/new
~~~~
Connect with Henry on Instagram:
@thehenrywashington or https://www.instagram.com/thehenrywashington/
~~~~
Follow Cody on Instagram and Subscribe to His Youtube Channel:
Instagram: @codyd2020 or https://www.instagram.com/codyd2020/
Youtube: @Cody And Christian - Multifamily Strategy or https://www.youtube.com/channel/UCkoxbEU_hoEpH8T-QUHR4nw
~~~~
The Definitive Guide to Using Seller Financing to Buy Real Estate:
https://www.biggerpockets.com/blog/2013-11-05-seller-financing
~~~~
27 Ways to Find Real Estate Deals:
https://www.biggerpockets.com/blog/find-real-estate-deals
~~~~
Should You Self-Manage Your Properties or Hire a Pro?
https://www.biggerpockets.com/blog/property-management-vs-self-management
~~~~
Follow David on Instagram:
@davidgreene24 or https://www.instagram.com/davidgreene24/
Episode 554
Show notes at: https://www.biggerpockets.com/show554
0:00 Intro
4:18 Quick Tip
5:48 First Deal: A 12-Unit
13:39 Seller Financing Through "Relationship Marketing"
24:34 Purchasing Another 12-Unit
27:18 When is Expensive Debt Worth It?
33:04 Cap Rates Explained
37:22 Managing Your Properties
46:01 Helping Yourself by Helping Others
47:45 Deal Deep Dive
52:36 Fire Round
59:15 Famous Four
Видео 81 Rental Units at 21 by Doing What 99% of Investors Won’t канала BiggerPockets
Cody and his partner have been able to grow their portfolio to eighty-one units, all through seller financing and all found on-market. These deals not only cash flow but once paid off will allow Cody to retire not only himself but his mother as well. Did we mention that he’s twenty-one years old at the time of this recording? Another under-thirty-expert to add to our list of impressive guests!
While many investors give up after initial pushback over seller financing, Cody goes one step further by having the investor emotionally invest in his success. No tacky sales methods or pushy conversations—just honest work with a clear vision that a seller can relate to. Cody is top of his class in terms of managing properties, acquiring new ones, and working with sellers—a guest ANY investor can learn a lot from!
~~~~
Join BiggerPockets for FREE:
https://www.biggerpockets.com/signup
~~~~
Check Out All the BiggerPockets Tools and Calculators:
Tools: https://www.biggerpockets.com/investment-calculators
Rent Estimator: https://www.biggerpockets.com/insights/property-searches/new
~~~~
Connect with Henry on Instagram:
@thehenrywashington or https://www.instagram.com/thehenrywashington/
~~~~
Follow Cody on Instagram and Subscribe to His Youtube Channel:
Instagram: @codyd2020 or https://www.instagram.com/codyd2020/
Youtube: @Cody And Christian - Multifamily Strategy or https://www.youtube.com/channel/UCkoxbEU_hoEpH8T-QUHR4nw
~~~~
The Definitive Guide to Using Seller Financing to Buy Real Estate:
https://www.biggerpockets.com/blog/2013-11-05-seller-financing
~~~~
27 Ways to Find Real Estate Deals:
https://www.biggerpockets.com/blog/find-real-estate-deals
~~~~
Should You Self-Manage Your Properties or Hire a Pro?
https://www.biggerpockets.com/blog/property-management-vs-self-management
~~~~
Follow David on Instagram:
@davidgreene24 or https://www.instagram.com/davidgreene24/
Episode 554
Show notes at: https://www.biggerpockets.com/show554
0:00 Intro
4:18 Quick Tip
5:48 First Deal: A 12-Unit
13:39 Seller Financing Through "Relationship Marketing"
24:34 Purchasing Another 12-Unit
27:18 When is Expensive Debt Worth It?
33:04 Cap Rates Explained
37:22 Managing Your Properties
46:01 Helping Yourself by Helping Others
47:45 Deal Deep Dive
52:36 Fire Round
59:15 Famous Four
Видео 81 Rental Units at 21 by Doing What 99% of Investors Won’t канала BiggerPockets
Показать
Комментарии отсутствуют
Информация о видео
Другие видео канала
2023's Wild Insurance Market Could "Reset" Very Soon...Touring a Brand New $180K ADU (Full ADU Walkthrough)From Making $800/Month to Millions with These Cash Flow “Machines”How DSCR loans have changed #biggerpockets #shortsLandlords Flee the Housing Market…Should You?2 Real Estate Markets Where Renters Are Running ToDSCR Loans: The Greatest Investor Loan of All Time?How to build your investing muscles #biggerpockets #realestate #shorts“Luxury” House Hacking and How to Invest in Real Estate with $20KHome Buyers Made a Huge Mistake in 2022...Don't Repeat It in 2023$10K/Month Passive Income by Buying The Houses 99% of People Won'tThis lawsuit could mark the END of real estate as we know it #biggerpockets #shorts3 Underpriced Housing Markets with HUGE PotentialBiggerNews: Is This “The Beginning of The End” for Real Estate?Don't Get a Mortgage From Your Bank...These 3 Housing Markets Are “HOTBEDS” for Cash FlowInsurance and Taxes: A Big Write-Off You Won't Want to Miss17 Rental Properties in 3 Years Thanks to “Non-Stop Rejection”Sellers Gone Wild: Never Buy a Rental Property Like This...40 Rental Units and “Desperate” Deals Anyone Can Find in 2023Brandon Turner on Housing Crash Prophecies & REAL Financial Freedom