JF1457: From Renting Bedrooms To Owning 6 Rentals In 6 Months with Bo Kim

The Best Ever CRE Show

Best Ever CRE

Realestatepodcast, Entrepreneurship, Business, Realestate, Investing, Realestateinvesting, Realestateinvestingpodcast

4.8 • 983 Ratings

🗓️ 29 August 2018

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

Bo got his start in real estate with the famous “house hack” method. He rented the extra bedrooms of his single family home. After that, he started acquiring income properties and now owns 6 rentals, all acquired in the first 6 months of his investing career. To hear how he’s been able to hit the ground running, tune in to this episode! If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!

Best Ever Tweet:

“I’ve been getting different brokers to give me market analysis” - Bo Kim

Bo Kim Real Estate Background:

Started investing by renting his three bedroom house
Connected with local investors who invest out of state
Now has 6 rentals in 6 months of investing
Based In LA, CA
Say hi to him at boATbiggercashflow.com and www.biggercashflow.com
Best Ever Book: Millionaire Real Estate Investor

Get more real estate investing tips every week by subscribing for our newsletter at BestEverNewsLetter.com

Best Ever Listeners:

Do you need debt, equity, or a loan guarantor for your deals?

Eastern Union Funding and Arbor Realty Trust are the companies to talk to, specifically Marc Belsky.

I have used him for both agency debt, help with the equity raise, and my consulting clients have successfully closed deals with Marc’s help.

See how Marc can help you by calling him at 212-897-9875 or emailing him [email protected]

Transcript

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0:00.0	Did you know that within a decade women will hold $30 trillion in investable assets?
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0:48.0	To learn more and to get your tickets, visit InvestHERCON.com today and use the code 100 best ever to get $100 off your ticket.
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1:00.6	Promo-G-O-G best ever to get get $100 off your ticket.
1:05.0	I like to challenge the people who reach out to me and ask, hey, how did you do this?
1:10.1	Make sure you don't fall into that analysis paralysis and educate yourself enough and take that first step because I think it's way worth it.
1:19.0	Best ever listeners I'm so excited to share today's sponsor with you. It's Eastern Union Funding and Arbor Realty Trust.
1:26.4	If you're in the multifamily space, you likely recognize these names, but have you used them?
1:32.2	I'm guessing if you haven't then you probably know someone who has.
1:36.3	I can tell you personally we have used Mark Belzky.
1:41.1	He is a point person at Eastern Union funding as a partner with us and he has
1:46.0	helped us secure debt for actually a deal we closed on this month and we've worked
1:51.5	with him in addition my clients my program my consulting program have worked with them to successfully close on deals
1:59.0	when we were starting out Ashcroft was starting, we had somewhat of a track record, but we weren't fully as established with our investor network.
2:10.0	I went to him and we secured some equity, $500,000 in equity to fund one of our deals.
	...

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