197: Starting with $10k and Buying 52 Units in 3 Years with Chris Heeren

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.8 • 16.5K Ratings

🗓️ 20 October 2016

⏱️ 71 minutes

🔗️ Recording | iTunes | RSS

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Summary

Get ready to be inspired, amazed, and blown away with today’s BiggerPockets episode! Today on the show we’re sitting down with Chris Heeren, a real estate investor from Wisconsin who’s absolutely crushing it with his rental property investing. In just the past three years, Chris has built a massive portfolio of houses and small multifamily properties — and he did it with just over $10,000 to start AND while working full-time. Packed with tips, stories, and incredible advice, this show will completely revolutionize the way you run your real estate business forever and prove — once and for all — that anyone can succeed no matter their situation. Listen up! In This Episode We Cover: Who exactly Chris is How be obtained 52 units in 3 years The story behind his first duplex Tips for using the BRRRR strategy How he found ways to fund his deals The process he used to create teams to help his investing Quick tips for being persistent How to counter-offer How he finds and offers on deals via the MLS Advice for buying properties while working a full-time job His average purchase price How he uses direct mail marketing How to find great property managers Chris’s $8,000 mistake What the next 6 months look like for him And SO much more! Links from the Show Want to be a Podcast guest? BRRRR Strategy BiggerPockets Webinar BiggerPockets Blogs How to Create Your Own Handwritten Font For Free (For Direct Mail Marketing) (blog) BiggerPockets Portfolio BP Podcast 117: Maximizing Productivity to Get Things Done with David Allen BP Podcast 125: The Key to Business Success with Bestselling Author of The E-Myth Michael Gerber BiggerPockets Analysis Tools Books Mentioned in this Show Rich Dad, Poor Dad by Robert Kiyosaki Landlording on Auto-Pilot by Mike Butler The E-Myth Revisited by Michael E. Gerber Getting Things Done by David Allen Tweetable Topics: “There’s always a way. You just have to be determined, be motivated, and not give up.” (Tweet This!) “I’d rather have half of the deals out there than none of the deals because I didn’t start.” (Tweet This!) “If you don’t learn from your mistakes, you’ll never grow in the future.” (Tweet This!) Connect with Chris Chris’ BiggerPockets Profile Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is the BiggerPockets Podcast.
0:03.0	So, 197.
0:05.0	So I started out with what I thought was going to be one house and it turned out to be five units in my first month.
0:11.0	You're listening to Bigger Pockets Radio, simplifying real estate for investors
0:16.3	large and small.
0:18.3	If you're here looking to learn about real estate investing without all the height, you're
0:22.3	in the right place. Stay tuned and be sure
0:25.2	to join the millions of others who have benefited from bigger pockets.com.
0:29.8	Your home for real Estate Investing Online.
0:33.0	What's going on everybody?
0:34.0	This is Josh Dorkin.
0:35.0	Ho!
0:36.0	To the BiggerPockets Podcast, here with my co-host,
0:39.0	Mr. Brandon Turner.
0:40.0	What's going on, man?
0:41.0	Oh, you know, it's been a rainy few weeks here in Washington state, but sun and shining today. I know shocking right? We're weird. Hold on let me get my I get my violin out. Yeah, you want to play me a sad song. Yeah, no, it's been good other than that, other than the rain, you know, I've been busy buying real estate and trying to rehab deals and I had a hoarder house, I think I mentioned a few weeks ago and that's all
1:03.7	taken care of so what about you what have you up to?
1:07.2	I don't know holidays are here you know then they're coming they're coming I don't know just you know usual stuff man work is crazy getting
1:15.9	ready for a big move to our new office we've hired a few new people so getting
1:20.7	them on board it's just been yeah but very busy here bigger
1:24.0	pockets is growing by leaps and bounds and we're continuing to put together an amazing
1:29.2	team of people to help make bigger pockets even better so So I've been super busy with that.
	...

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