While traditional loans are available for real estate investors, those loans look at your credit score and W-2 to determine if you qualify. Over time as your portfolio grows, you’ll find it harder and harder to get a traditional loan.
You’ve probably heard about the BRRR strategy a lot in the real estate investing circle. Many have vouched for this strategy, but do you know how it really works?
Sri is a multifamily investor based in the Bay Area. She started doing real estate in 2014 with a 12-unit complex in Dallas, Texas. Now, she focuses on buying and selling properties in the East Bay doing heavy renovations on each unit. Today we find out her story about getting into multifamily properties and how lucrative it has been for her.
Willie is a buy-and-hold real estate investor in Boston. He’s been doing real estate for 13-14 years and started in 2006 when he bought his first multifamily at 23 years old. He rode the market down to the bottom when the financial crisis happened and learned some valuable lessons. In this episode, we learn how to buy and hold in Boston as a long-term strategy.
Lior is a real estate investor out of Boston and owns a $9 million dollar portfolio. Originally, he was planning to become a doctor but got interested in earning money outside of the traditional methods. He purchased his first multifamily property and later got into condominium development projects. In this episode, he talks to us about building a long-term portfolio in Boston.
Adrian is a full-stack real estate entrepreneur. His background is in the tech industry. Based in Seattle, he does brokerages, mortgages, investments, and developments. He’s acquainted with some members of the Bay Area real estate community and travels to the Bay Area a bit. He’s even lived here from 2011-12. In this episode, Adrian talks about his jump from the tech industry into a full-time real estate entrepreneur.
