267: From Professional Soccer Player to Rental Property Investor with Nat Borchers

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.8 • 16.5K Ratings

🗓️ 22 February 2018

⏱️ 83 minutes

🔗️ Recording | iTunes | RSS

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Summary

How does a world-class soccer star set himself up for a lifetime of financial freedom? Rental properties! That’s the story on today’s episode of The BiggerPockets Podcast, where we sit down with Nat “The Beard” Borchersto learn how he built a sizable portfolio of rental properties while traveling the country (and the world!) as a professional athlete. Nat shares his humble “hammer-swinging” beginnings, as well as the systems that today allow him to live a life of freedom while others manage his units. Don’t miss a moment of this powerful and hilarious episode! In This Episode We Cover: Nat’s background as a professional soccer player and his first deal His current number of properties What exactly a 1031 exchange is Expert tips for finding deals How to use social networking to your advantage Specifics on a recent deal How he found great prices just an hour and a half from his area How to increase the rent Commercial loans vs. traditional loans Sub-metering a property The story behind why he hires property managers His 28-house portfolio deal And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Money Show BiggerPockets Events BiggerPockets 1031 Exchange Guide The 1031 Exchange Ultimate Guide for Real Estate Investors (blog) BiggerPockets Landlord Forms True Submeter BiggerPockets Podcast 131: Investing in Multifamily Properties in a HOT Real Estate Market with Serge Shukhat AppFolio Mindy’s Twitter Profile Mindy’s Instagram Brandon’s Twitter Profile Brandon’s Instagram Books Mentioned in this Show How to Work a Room by Susan RoAne How to Win Friends & Influence People by Dale Carnegie Built to Last by Jim Collins The Book on Tax Strategies for the Savvy Real Estate Investor by Amanda Han and Matt MacFarland Defensive Real Estate Investing by William Bronchick The Compound Effect by Darren Hardy The Lifeonaire by Steve Cook Fire Round Questions What questions to ask when choosing a Property Management Company Someone who makes you very uneasy! Tenant is subletting on AirBnb, what should I do? Whats YOUR Metrics for Buy and Hold investments? Multi-Family Purchase Inspection Tweetable Topics: “Today, you don’t find good deals. You make good deals.” (Tweet This!) “Nothing ventured, nothing gained.” (Tweet This!) Connect with Nat Nat’s Personal Website Nat’s Twitter Profile Nat’s Instagram Profile Nat’s Facebook Page 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	Show.
0:04.0	I don't even know what number this is.
0:06.0	Every time, every time, you don't even know how to read.
0:10.0	Show 267.
0:14.0	I had always had in my mind, okay, you have to buy a house with 20% down,
0:19.0	you have to go to a bank, you have to check all these boxes,
0:21.6	that's the only way to do it. And then I started meeting people who had been doing it differently.
0:25.7	And then next thing you know, I'm able to do deals a bit more creatively.
0:29.2	And that's where things really just started to click for me in real estate.
0:34.0	You're listening to Bigger Pockets Radio,
0:37.0	simplifying real estate for investors large and small.
0:40.0	If you're here looking to learn about real estate investing without all the height, you're in the right place.
0:46.0	Stay tuned and be sure to join the millions of others who have benefited from BiggerPockets.com.
0:52.0	Your home for real estate investing on... benefited from BiggerPockets.com.
0:52.7	Your home for real estate investing online.
0:55.7	What is going on everyone?
0:56.6	This is Brandon.
0:57.5	Today's host of the BiggerPockets podcast.
0:59.6	And I am a lucky man today because here with me as my amazing co-host is Mindy L Jensen.
1:07.6	Thank you Brandon I am not Mindy L Jensen I am Mindy L Jensen I am
1:10.8	Mandy S Jensen we did that once before and I thought I remembered it would be an L but maybe that's because my mom's
	...

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