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BiggerPockets Real Estate Podcast

856: College Dropout to $110K/Year in Cash Flow by Buying “Sheriff Sale” Properties w/Hunter Lawler

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.816.5K Ratings

🗓️ 13 December 2023

⏱️ 40 minutes

🧾️ Download transcript

Summary

How do you make six figures in passive income with no college degree, very little money, and zero experience in real estate? Do what Hunter Lawler did and take it step-by-step; within a few years, you, too, could be making over $100,000 in cash flow with just ten properties! But the only way you’ll get there is by thinking outside the box, buying properties most don’t even know about, and taking risks when talking to sellers. Hunter learned very early on that a college degree doesn’t guarantee a big paycheck. He was making a full-time income from his crawfish-selling side hustle when he decided to drop out. After seeing entrepreneurial success, Hunter pivoted and started investing in the sexiest, highest-priced properties ever…mobile homes. These dirt-cheap rentals gave him the sweat equity he needed to build a bigger portfolio. From mobile homes to single-family houses, self-storage facilities, and killer seller finance deals, this episode is a masterclass on how to grow a six-figure income stream without a college degree or hundreds of thousands in the bank! In This Episode We Cover How to build a six-figure income stream by buying cheap, low-risk rental properties Buying discounted houses at “sheriff sales” and what to know BEFORE you bid Mobile home investing and why it may be the easiest way to get into real estate Commercial lines of credit, home equity, and how to turn your rentals into more mortgages Self-storage investing and the hands-off system Hunter uses to create serious cash flow Seller financing and the simple way to convince a seller to take a fair price for their property And So Much More! Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-856 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This is the Bigger Pockets Podcast.

0:04.0

What's going on everyone is David Green, your host of the BiggerPockets

0:06.8

Rail Estate Podcast.

0:07.8

Join today with my co-host Ashley Care and boy have we got a show for you.

0:13.0

If you have been struggling to figure out how to make real estate investing work in this

0:17.2

challenging market, we're asking the question of, well what would work for me today's show is for you. Our guest, Hunter Lawler, has an

0:24.4

incredible story where he blazed his own path and then left breadcrums. So me,

0:29.0

Ashley, and you can follow in his footsteps. Hunter has an incredible story where he started off,

0:34.7

dropping out of college to start a business.

0:36.5

Put that money into a double wide, yes, double wide mobile home,

0:40.9

right out of the bayous of Louisiana, scaled that into a portfolio of 15 properties,

0:45.4

got into self storage, and did a whole bunch of other stuff all while working a W-2 job.

0:50.1

I love this story.

0:51.8

I love the example that's being set and I love today's

0:54.0

podcast. Ashley welcome to the show. What are some things that people should

0:58.2

keep an eye out for that really crushed it in today's show? Well thank you so much

1:02.3

for having me as your co-host. I know that you

1:04.2

personally selected me and it is very much appreciated. With Hunter, first of all I got to say

1:11.2

you are a very vivid storyteller. I'm more to the facts and I'm just

1:15.1

going to say that we are having two master classes today and one is going to be

1:19.2

on screening attendant and the other one is going to be on sheriff's

1:23.7

sale. So David and I don't have any experience in this so this was a whole

...

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