28: Balancing 8 Properties with a Full-Time Career and Family with "Property Pastor" Marsay Winder

We all have the same 24 hours per day... so be like Marsay Winder and make the most of them!

He calls himself the "Property Pastor," and he owns 8 properties (24 units) in the Virginia Beach, VA area. Marsay juggles his business with his family life and a full-time career in manufacturing, so landlording systems are a must – and he breaks them down for us in this episode.

You'll also hear about his MVP mentor, how he avoids time-wasting distractions, and the books and resources that helped him build a formidable portfolio in just 3 years.

Enjoy this one... and if you're getting value out of the content here, please do us a favor and give us a rating and review on Apple Podcasts. It takes less than 30 seconds, and it really helps us climb the rankings and spread the gospel of financial independence through real estate investing!

In This Episode We Cover:

• Working on his properties on nights and weekends while working full-time
• Going big on his first deal: a 4-unit building bought from a wholesaler
• Buying from tired landlords
• How to frame a rent increase with tenants
• Using Cozy and QuickBooks to manage his rentals
• Hiring a property management company
• How to successfully approach a real estate mentor
• Involving his kids in his real estate investing business
• What happened when his tenant joined his church, then stopped paying rent
• And SO much more!

Links from the Show

• Real Estate Rookie Facebook Group
• Felipe's Instagram
• Ashley's Instagram
• BiggerPockets Podcast
• Robert Kiyosaki
• Cozy
• Deal Machine
• Quickbooks
• BiggerPockets Calculators
• Rookie Podcast 12: What Works (and Doesn’t) in a Recession & the Untold Story of J Scott’s Messy First Flip
• Google Forms
• Google Voice
• Cashflow Board Game

Check the full show notes here: http://biggerpockets.com/rookie28

Learn more about your ad choices. Visit megaphone.fm/adchoices