242: How to Live an Incredible Life Now & Achieve Early Retirement with Josh Randall

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.8 • 16.5K Ratings

🗓️ 31 August 2017

⏱️ 78 minutes

🔗️ Recording | iTunes | RSS

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Summary

Money doesn’t buy happiness – but it can give you the freedom to live a truly extraordinary life, something our guest today can really speak to! We sit down with Josh Randall, an investor from Kentucky with nearly 100 units who also works as a full-time business owner. You’ll love Josh’s mindset when it comes to buying cars, travel, and more through real estate, as well as his “goal-focused” investing that will get him fully retired by the age of 48 (with $50k a month in cash flow!) Josh is incredibly fun and also highly informative, so don’t miss a second of this show which Brandon calls “one of his top episodes ever!” In This Episode We Cover: How Josh got started in real estate through buying a Corvette Details on his first deal – a mini mall Selling bath tubs while property was still empty How many properties Josh currently owns Juggling business and real estate investing Facebook Marketing to find deals The Plumber story His strategy His monthly cashflow The ‘why‘ behind his investing Making assets pay for the liability His strategy in finding deals The types of houses he buys Adding one more bedroom to a house What is a knockdown? Managing a business with 70 employees and real estate investing The Limo Hummer And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Youtube Channel BiggerPockets Facebook Profile Buy and Hold Real Estate—What Works and What Doesn’t with Tim Shiner BiggerPockets Webinar Tenant Cloud Books Mentioned in this Show Rich Dad Poor Dad by Robert Kiyosaki 50 Things They Didn’t Teach You in School by Tim Shiner Playing to Win: Jerry Jones and the Dallas Cowboys by David Magee Fire Round Questions Oil tank in basement – should I remove? Investing/Flipping Manufactured home. Good or bad idea? Buyer asks for inspection report items to be repaired. Tweetable Topics: “Real estate is a piece of cake. I can do it with my eyes closed!” (Tweet This!) “There’s always a way to add an additional bedroom.” (Tweet This!) “Not everybody is the same person.” (Tweet This!) Connect with Josh Josh’s BiggerPockets Profile Central City Rentals Facebook Page Josh’s Company Website Josh’s Personal Website Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is the Bigger Pockets Podcast,
0:02.0	Show 242.
0:05.0	For the most part, I always tell people this.
0:07.6	Compared to having 70 employees,
0:10.6	real estate is a piece of cake. I'm telling you I can do that with my eyes closed. It's easy.
0:16.0	You're listening to Bigger Pockets Radio.
0:19.0	Simplifying real estate for investors large and small.
0:22.0	If you're here looking to learn about real estate investing
0:25.0	without all the height, you're in the right place.
0:28.0	Stay tuned and be sure to join the millions of others who have benefited from BiggerPockets.com.
0:34.6	Your home for real estate investing online.
0:37.7	What's going on everybody?
0:38.7	This is Josh Dorkin House.
0:40.8	The BiggerPockets podcast here with my disobedient co-host
0:45.0	this obedient mr. brandy term
0:47.2	that's a weird phrase to you is like if I like your kid now like
0:50.3	I don't know you're like sit there you're like mocking me as I'm doing my intro
0:55.2	I was pretty just so big. That's the wrong word but what are you what what was it
0:59.4	I'm going to lean over you can get a paddle spankank me? That was just me.
1:03.7	You're not a, not a nice person sometimes,
1:06.3	Branna.
1:06.8	That's what they say.
	...

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