cover of episode 153: From $600k in Debt to 108 Single Family Rentals with Linda McKissack

153: From $600k in Debt to 108 Single Family Rentals with Linda McKissack

Publish Date: 2015/12/17
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BiggerPockets Real Estate Podcast

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Shownotes Transcript

    <p>On today’s episode of the <a href="https://www.biggerpockets.com/podcast">BiggerPockets Podcast</a>, we are excited to bring you an interview with a prolific investor (and author of one of the world’s biggest real estate books, <a href="http://amzn.to/2a1Cf8z"><em>HOLD: How to Find, Buy, and Rent Houses for Wealth</em></a>), Linda McKissack! Linda currently owns 108 single family homes — but she didn’t start out that way. Learn how Linda discovered the power that real estate can have on a lifestyle and the mindset needed to make your dreams a reality. This show will blow you away with Linda’s honesty, integrity, and story of excellence. Don’t miss a second of it!</p><p>In This Episode We Cover:</p><ul>
  • Who Linda is and how she started investing with huge debt
  • The size of her portfolio
  • Why she dropped out of college to become an entrepreneur
  • How she bought property without money or good credit
  • A look at financing back in the ’80s
  • How to recession-proof your life
  • A discussion on speculation vs. investing
  • How every market is different
  • What her freedom number is
  • How to get deals by helping others build wealth
  • Partnerships and whether newbies should seek them out
  • Why freedom means having options
  • The importance of taking the next step and avoiding analysis paralysis
  • Linda’s formula for finding good deals
  • How to figure out the best criteria for you
  • What keeps her continuing to invest despite reaching her goals
  • Tips for forming a team
  • And SO much more!
  • Links from the Show

    Books Mentioned in this Show

    Tweetable Topics:

    • “If you do the right activities, the money shows up.” (Tweet This!)
    • “The more money you make, the more options you have and the more good things you can do.” (Tweet This!)

    Connect with Linda

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