Financial debt (like student loans or credit cards) is irritating, expensive, and flat-out dangerous. But you don’t have to be stuck paying the minimum payments for decades like most Americans.

Today, we’re excited to introduce you to Brentin Hess, a young investor who “flipped his way out of student loan debt” and has already been able to quit his job thanks to his real estate investments.

You’ll learn how Brentin used a partnership to begin his house flipping journey, as well as the mistakes that cost him time and money in the beginning. Brentin is incredibly inspiring, so take time to listen to this entire episode—and prepare to have a fire lit beneath you!

In This Episode We Cover:

Tips for getting into real estate at a young age
Brentin’s experience of having a real estate license at 19 years old
How his first partnership came to fruition
How to deal with contractors when you’re young
The details of his first deal
Tips for leveraging capital
What exactly a Guidance Line of Credit is
The importance of building relationships
Why he shifted from flipping to rental properties
How he financed a multifamily deal
Tips for finding the right partners
When you should consider the rent as stabilized
How he quit his job
The story of how Gary Vaynerchuck was a guest for his event
And SO much more!

Links from the Show

Books Mentioned in this Show

Rich Dad Poor Dad by Robert Kiyosaki
Crush It! by Gary Vaynerchuk
The Millionaire Real Estate Investor by Gary Keller
How to Make Big Money in Small Apartments by Lance Edwards
Change Your Habits, Change Your Life by Tom Corley
The 7 Habits of Highly Effective People by Stephen Covey

Fire Round Questions

Tweetable Topics:

“A lot of people who are into real estate sales don’t even get into investing.” (Tweet This!)
“Flipping is transactional.” (Tweet This!)
“Time is a finite resource.” (Tweet This!)
“Life is boring if you’re not being creative.” (Tweet This!)

Connect with Brentin

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

240: Flipping Your Way Out of (Student Loan) Debt & the Transition to Rentals with Brentin Hess 01:25:27

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240: Flipping Your Way Out of (Student Loan) Debt & the Transition to Rentals with Brentin Hess