cover of episode 30: Conservative Real Estate Investing and Starting Out with Kenny Estes

30: Conservative Real Estate Investing and Starting Out with Kenny Estes

Publish Date: 2013/8/8
logo of podcast BiggerPockets Real Estate Podcast

BiggerPockets Real Estate Podcast

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Shownotes Transcript

    <p>Today on the BiggerPockets Podcast we want to share an interview with someone who runs his investment business in a unique but powerful way – and it’s sure to both inform and entertain you. On today’s episode, we sit down with real estate investor Kenny Estes and chat about investing in rural America, funding deals through private money, building a team, and “going big” with a bold exit strategy. Join us today for a really awesome interview and one of the highest caliber conversations we’ve ever had (and one of the largest debates as well!)</p><p><a href="https://www.biggerpockets.com/bpp30-kenny-estes-podcast-transcript-conservative-investing-starting-out">Read the transcript to episode 30 with Kenny Estes here</a>.</p><p>In This Show, We Cover</p><ul>
  • How Kenny started investing at 18 years old – while still in college.
  • The early mistakes that Kenny is still digging out from
  • The “Cab Driver Metric” in Real Estate Investing
  • Why “no money down” is dangerous
  • How to “stress test” a real estate deal
  • How Kenny found his initial private investors
  • The debate between “Invest Yourself” or “Invest with Others”
  • Kenny’s real estate team – and how he built it
  • Finding and dealing with contractors
  • Kenny’s “bold” exit strategy plan
  • Links from the Show

    Books Mentioned in the Show

    Tweetable Topics

    • Be very cognizant of your risk threshold and do it very conservatively. (Tweet This!)
    • Private investors are people you know. (Tweet This!)
    • Invest simply, do it conservatively, do it for the long haul. (Tweet This!)

    Connect with Kenny

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