4.9 • 1.4K Ratings
🗓️ 27 May 2021
⏱️ 29 minutes
🧾️ Download transcript
We’re back with another jam-packed episode where we share the tips, tricks, and strategies you can immediately implement to start making money in real estate...RIGHT NOW!
In today’s show, our guest is Austin Rutherford. He is an entrepreneur, investor, author, and real estate developer. He’s doing a hundred deals a year, has added 70 doors to his rental portfolio, is flipping 50 to 60 of those deals every year, and how he is doing ALL of this using referrals from other investors as his primary lead source.
In this episode, Austin talks about his journey into real estate investing. He shares how he managed to flip his first property without any money and goes deep into a deal where he generated explosive profits.
Join Austin as he breaks down the challenges he faced when he first got into real estate investing, how he financed his first property while being a student, and the lessons he learned throughout his real estate investing career.
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| 0:00.0 | You're listening whole selling in episode number 697 people think that other people know what they do even if you bought a hundred houses there's a lot of people close friends that have no idea that you're in real estate right so social media is beautiful platform that you can use now there's two ways social media exists in today's world it either uses you or you use it that's it this is game changing information guaranteed to raise your real estate wholesaling business with actionable steps you can take immediately to navigate the ins and outs of whole |
| 0:30.0 | selling and start making money today join us as we put our guests in the hot seat and dive deep to dissect their strategies for success to enable you to duplicate their results you're listening to a wholesaling ink the only show dedicated to making you a fortune in wholesaling |
| 0:48.2 | Welcome to the wholesaling ink podcast America's number one podcast for new real estate investors where we know that finding discounted properties is the most proven path to financial freedom I am your host Brent Daniels Mr. TTP and I am telling you this if I can do it so can you so let's get started listen to this in six years |
| 1:15.9 | 2190 days the gentleman that I am interviewing on this podcast today is doing a hundred deals a year he has added 70 doors to his rental portfolio he's flipping about 50 to 60 of those deals every year |
| 1:34.9 | and he's doing it based on getting referrals from other investors we're going to break all it down we're going to break down this six year journey it is my pleasure to introduce to the wholesaling ink podcast from Columbus Ohio Austin Rutherford how are you brother |
| 1:51.4 | good brother looking forward to this I'm excited so six years what a journey so far I mean you're doing it all right when we start in this business when we start as budding you know young real estate entrepreneurs we start out |
| 2:04.8 | finding deals right we start out finding opportunities and then which is essentially called wholesaling right that's all wholesaling is is finding discounted properties and then there's a lot of different paths we can go we can do fix and flip we can do rental |
| 2:21.8 | portfolios we can do development we can be the bank we can do coaching and mentorship you're kind of doing it all is grown over time but it's been a journey you know started out with just |
| 2:32.0 | flipping didn't know anything about wholesaling and then got into actually new construction and then learned about wholesaling fell in love with it is a lot easier to make money and then just |
| 2:41.0 | continue building the rental portfolio along the way so what about you what is that spark I mean you're speaking to an audience that has that fire in their |
| 2:48.0 | belly to be real estate you know business owners and the change their lives we've read rich that port ad we've read thinking grow rich we've read the go |
| 2:58.0 | read all these amazing books we've got all these great ideas how did you start like it literally like what was the spark that started this whole |
| 3:07.5 | business off absolutely so my dreams go to the NBA didn't work and then for whatever reason the book thinking grow rich fell into my hands |
| 3:15.0 | read that book at the age of 19 years old and then the possibility just opened up and I was actually journaling on my rooftop here in Phoenix |
| 3:21.1 | Arizona I lived to for a year and knowing nothing about real estate there was like a 10 unit apartment building across the |
| 3:26.4 | way I was like wait a minute like one person owns that but 10 people are paying them like real estate's the way right so found love with |
| 3:34.4 | real estate you know started buying every you know little knick-knack book you could buy to learn as much as possible and so I moved back |
| 3:41.0 | on the valet cars to Columbus Ohio and I was just trying to start real estate and I was driving into work and it was like |
| 3:47.2 | hey you know you want to come to learn how to flip houses come to this little free meet up like on the radio yeah so |
| 3:52.6 | went to the free meet up is three days day two they're like you know hey we got this mentor program and like that it was |
| 3:59.6 | there but you needed the money on day three and I was broke so that night I went home and opened up a line of credit credit card |
| 4:06.7 | maxed it out the next day but I still don't have enough money for it and like there's a moment in life where people know |
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