The what-ifs of real estate investing keep many rookies on the sidelines indefinitely. But when today’s guest determined his “safe” nine-to-five was just as uncertain as buying a rental property, he took the plunge. Now, having bought four small multifamily properties in just two years while keeping his W2 job, he’s fast-tracking financial freedom!
Welcome back to the Real Estate Rookie podcast! Like many rookies, Derek Brickley dreamed of owning a sizable rental portfolio, but taking that first step was his biggest hurdle. He could have allowed his blind spots to keep him trapped in analysis paralysis, but instead, he leaned into his investing network and drummed up the courage to buy his first house hack. It wasn’t a home-run deal, but it changed everything, teaching him how to make offers on properties, plan renovations, and manage tenants.
Now, Derek has the tools to scale his real estate portfolio and an investing strategy that has set him on a clear path to financial freedom. Rather than using real estate to supplement his day job, his W2 income now supplements his investments. Stay tuned as he shares his highly “repeatable” process!
In This Episode We Cover
How Derek bought four small multifamily properties in just two years
Building your rental portfolio faster by keeping (not quitting!) your W2 job
Leveraging your investing network to bridge the knowledge “gap”
Having tenants pay for your living expenses with the house hacking strategy
How to do your due diligence before inheriting tenants with a rental property
Critical mistakes to avoid when tackling do-it-yourself (DIY) renovations
And So Much More!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/rookie-680
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