cover of episode 170: The Journey From Flipping Houses to Owning 1,470 Units with Andrew Cushman

170: The Journey From Flipping Houses to Owning 1,470 Units with Andrew Cushman

Publish Date: 2016/4/14
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BiggerPockets Real Estate Podcast
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Shownotes Transcript

    <p>On this inspiring episode of the <a href="https://www.biggerpockets.com/podcast">BiggerPockets Podcast</a>, we sit down with real estate entrepreneur Andrew Cushman to learn how he went from a full-time job as a chemical engineer to a house flipper and finally a real estate syndicator, buying over 1400 units in less than a decade. You’ll learn how Andrew finds deals, manages the rehabs on a large scale, raises money for large apartment purchases, and more. Don’t miss a moment of this powerful show!</p><p>In This Episode We Cover:</p><ul>
  • How Andrew started as a chemical engineer — then got into investing
  • Why he trusted his mentor from the outset
  • How many flips he has done so far
  • Tips for scaling from 0 to 24 flips in 5 years
  • The details of his first flip
  • A discussion on buying pre-foreclosure properties
  • The story of making 4,575 phone calls before getting his first deal
  • The importance of believing in yourself and believing in the system
  • How Andrew has flipped 24 properties and 1,470 apartments
  • How he made money on the first flip
  • How to scale by building a system
  • How to find pre-foreclosed deals
  • The best flip he’s ever completed
  • Tips on weird houses
  • His first apartment deal
  • Why he doesn’t recommend a heavily distressed deal
  • The difference between single family and multifamily properties
  • How to become a “sophisticated investor“
  • How he find apartment deals
  • And SO much more!

    • Links from the Show

    Books Mentioned in this Show

    Tweetable Topics:

    • “This system will work so I’m going to make it work.” (Tweet This!)

    Connect with Andrew

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