221: From Corporate Cog to 10-Unit Landlord in Just 2 Years! w/Brandon Rush

Real Estate Rookie

BiggerPockets

Entrepreneurship, Education, Investing, Business, How To

4.7 • 1.8K Ratings

🗓️ 28 September 2022

⏱️ 57 minutes

🔗️ Recording | iTunes | RSS

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Summary

If you’re hesitant to start your real estate investing journey, ask yourself this—where would you be now if you started ten years ago, and where could you be in ten years if you started today? As today’s guest, Brandon Rush, said, “everything you enjoy today, is the result of something you did five to ten years ago.” Brandon currently has three multi-family homes with a total of ten units. Brandon started his investing journey when he couldn’t see the light at the end of the tunnel with his W-2. He couldn’t imagine himself working a nine-to-five until sixty-five, so he decided to take his future into his own hands and started house hacking. After two years of hard work and planning, he was able to quit his W-2 a month ago to be a full-time real estate agent. Brandon’s success is not without sacrifice. He moved out of his single-family home and moved an hour away from work for his first house hack. And, of course, after his first house hack, he moved to his second house hack! Moving required Brandon and his wife to get rid of most of their things and travel lightly. Although moving and getting rid of material things can be difficult, for Brandon, getting rid of clutter helped clear his mind and reinforced the idea that he was on the right path. Brandon is confident in his investing choices because he surrounds himself with like-minded people, has built an investor-friendly network, and knows that all his decisions now will benefit his future self. In This Episode We Cover House hacking 101—how to get started and why it’s a great way to start investing How to build an investor-friendly network and the importance of surrounding yourself with like-minded people Self-managing your tenants—how to set boundaries and expectations from the start Creating your lease agreement and how to properly screen tenants Why cash flow is the most overrated metric of success and how to accurately measure your property's performance And So Much More! Links from the Show Ashley's Instagram Tony's Instagram MLS Airbnb BiggerPockets Facebook Marketplace Realtor.com BiggerPockets Calculator TenantCloud Real Estate Rookie Facebook Group Connect with Brandon: Brandon's Facebook Brandon's Instagram Brandon's BiggerPockets Profile Check the full show notes here: https://www.biggerpockets.com/blog/rookie-221 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our sponsor page! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This says real estate rookie episode 211.
0:05.6	Just realizing life, life is one big lagging effect.
0:08.9	Everything that you have today is a result of what you did five,
0:12.0	10 years ago. So you're not going to get anything immediately.
0:15.3	So start taking small actions to make a difference in your life,
0:18.6	five, 10 years from now. Just suck it up,
0:20.9	realize it's not going to be easier or it could be fun.
0:23.6	But it's not going to be easy to get where we are
0:27.9	if you want to put it into time. Not to say we're fully made it,
0:31.2	but we've done really, I personally think we've done really well.
0:34.6	My name is Ashley Care and I'm here with my co-host, Tony Robinson.
0:39.3	And welcome to the real estate rookie podcast where every week,
0:42.8	twice a week, we bring you the inspiration, information, and amazing stories.
0:47.2	You need to hear to kickstart your investing journey.
0:49.6	And I oftentimes like to start our episodes with some kind reviews of the other listeners
0:54.8	of the left forest. So this review comes from Marianne.
0:58.9	And Marianne says, great show, all caps, exclamation marks,
1:03.0	and goes on to say, I really enjoy the show.
1:05.3	After listening to a few episodes, I was totally hooked.
1:08.2	It has a great direction. It deals with a very instructive and interesting topics.
1:12.6	I really love this program. So Marianne, we appreciate you.
1:15.9	And for all of you that are listening and have listened,
	...

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