Busy Professional Cash Flows 13 Properties in 12 Months | 501
Epic Real Estate Investing
Matt Theriault
4.7 • 955 Ratings
🗓️ 20 October 2018
⏱️ 40 minutes
🧾️ Download transcript
Summary
Busy professional cash flows 13 properties in 12 months sounds good to be true! Well, in the case of Tim Ostrom, it's true. Discover what impact Robert Kiyosaki's Rich Dad, Poor Dad has had on Tim, his process of acquiring turnkey properties through Cash Flow Savvy, what a 1031 exchange is, why you should establish it before the sale, and Tim's opinion on his "too good to be true" situation.
Transcript
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| 0:00.0 | This is terio media. |
| 0:05.0 | So you want to be a real estate investor, but you don't want to do the work if there were only a way |
| 0:14.5 | where someone else could do it for you now there is tune in here each and every |
| 0:19.6 | Saturday on the epic real estate investing show for turnkey Saturdays with your host Mercedes Torres. |
| 0:26.4 | So ladies and gentlemen allow me to introduce without further ado Mr Tim Ostrum. |
| 0:32.1 | Kim welcome to the epic real estate investing show. |
| 0:35.0 | Our turn key portion, happy Saturday to you, sir. |
| 0:39.0 | How are you? |
| 0:40.0 | I'm doing great. |
| 0:41.0 | Thanks for having you, Mercedes. |
| 0:42.0 | Oh, you're so welcome. I'm doing great. Thanks for having you Mercedes. Oh, you're so welcome. I'm so delighted to have you on our show Tim. |
| 0:47.0 | You are an exception to the rule. I said that to you before. I remember speaking the first time on the telephone and now I don't |
| 0:56.6 | know 12 properties later here you are. So let's start off by introducing yourself. |
| 1:04.0 | Tell me a little bit about who Tim is and what you're all about. |
| 1:09.4 | Sure. |
| 1:10.3 | So I'm 36 years old, married to my wonderful wife Laura. She's also 36. |
| 1:16.0 | We live in Los Angeles or for those that are closer to the area, Inglewood specifically. |
| 1:22.0 | We have two small children, one that's almost three years old and one that's almost one year old. |
| 1:27.0 | And we've been living here for about since 2004. And we got started, I'll say interested in real estate. I first read the book |
| 1:37.6 | Rich Dad Poor Dad in 2004. That's what got me interested in real estate. And in 2004 is also when I started working |
| 1:45.3 | at the company I work at now, the company is Raytheon, |
| 1:48.2 | I guess you can call it kind of a 9 to 5 job, |
... |
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