cover of episode 566: 10 Properties in 8 Months by Saying “No” More Than “Yes” w/Jason Rash

566: 10 Properties in 8 Months by Saying “No” More Than “Yes” w/Jason Rash

Publish Date: 2022/2/3
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BiggerPockets Real Estate Podcast

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Shownotes Transcript

    <p>How many rental properties do you own? It could be one or one hundred rentals. But, whether you’re a rookie or veteran real estate investor, it’s hard to not be impressed by <a href="https://www.instagram.com/jasonrash/"><strong>Jason Rash</strong></a>’s story. Jason has <strong>put off investing in real estate</strong> for most of his working life, focusing more on passive income streams like <a href="https://www.biggerpockets.com/blog/2015-04-16-ridiculousness-of-stock-picking-waste-of-time-young-investors"><strong>investing in stocks</strong></a>. This all changed when Jason saw <strong>tens of thousands in stock value disappear</strong> from his accounts.</p><p>He wanted something more reliable, stable, and calculated that he could control. Of course, <a href="https://www.biggerpockets.com/guides/ultimate-real-estate-investing-guide"><strong>real estate investing</strong></a> fits that criteria exactly. So what did Jason do? Did he go and buy one rental, wait a few years, and then try to buy another? Nope. Jason went and <strong>bought ten properties over the span of eight months</strong>. That more than one property a month within his first year of investing!</p><p>Be warned, there is a method to this madness. Jason has a<strong> tight control on his </strong><a href="https://store.biggerpockets.com/products/long-distance-real-estate-investing"><strong>long-distance investing</strong></a>, having only the best agents, property managers, plumbers, electricians, and contractors on speed dial. This wasn’t a system he fell into, this was a<strong> system he intentionally built</strong>. Jason shares his<strong> six-part criteria </strong>that any new investor can use, especially when trying to <strong>minimize headaches and </strong><a href="https://www.biggerpockets.com/blog/buy-fringe-maximize-cash-flow-appreciation"><strong>maximize cash flow</strong></a>.</p><p><strong>In This Episode We Cover:</strong></p><p>The huge <strong>competitive advantage of having local knowledge</strong> and a <a href="https://www.biggerpockets.com/blog/core-four-real-estate-team">core four</a></p><p><strong>Lowering your </strong><a href="https://www.biggerpockets.com/blog/9-sneaky-fees-watch-hiring-property-manager"><strong>property management fee</strong></a> while creating a win-win for both parties</p><p><a href="https://www.biggerpockets.com/blog/2015-10-08-buying-strategyseller-assist"><strong>Seller credits</strong></a> and using them to finance house repairs and upgrades</p><p>Fighting off “shiny object syndrome” so you can <strong>stay focused on your goal</strong></p><p><strong>Jason’s six-step criteria </strong>to buy headache-free houses when investing from a distance</p><p>Building a scalable, repeatable, simple <strong>system for finding, funding, and closing</strong> on great deals</p><p>And <strong>So </strong>Much More!</p><p><strong>Links from the Show:</strong></p><p><a href="https://www.bpcon2021.com/">BPCON2021</a></p><p><a href="https://www.zillow.com/">Zillow</a></p><p><a href="https://www.youtube.com/watch?v=xc00O2eNrUc">TEDx Talks: How to Succeed at Doing Anything | David Greene | TEDxRoseville</a></p><p><a href="https://www.airbnb.com/">Airbnb</a></p><p><a href="https://www.biggerpockets.com/">BiggerPockets Website</a></p><p><a href="https://www.instagram.com/davidgreene24/">David Greenes's Instagram</a></p><p><a href="https://grantcardone.com/">Grant Cardone's Website</a></p><p><br></p><p>Check the full show notes here: https://www.biggerpockets.com/show566</p>
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