Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

303: How to “Supercharge” Your Real Estate Portfolio with Investor Meetups w/Spencer Carpenter

303: How to “Supercharge” Your Real Estate Portfolio with Investor Meetups w/Spencer Carpenter

FromReal Estate Rookie


303: How to “Supercharge” Your Real Estate Portfolio with Investor Meetups w/Spencer Carpenter

FromReal Estate Rookie

ratings:
Length:
62 minutes
Released:
Jul 12, 2023
Format:
Podcast episode

Description

The easiest way to supercharge your real estate portfolio? Host your own real estate meetups to build your network! If that sounds intimidating, you’re not alone! Many rookies let their lack of experience or fear of no one showing up stop them from tapping into this gold mine of a networking strategy. Today’s guest found it to be the fastest and easiest way to find wholesalers, buyers, and lenders for his real estate deals!
Welcome back to the Real Estate Rookie podcast! In this episode, Ashley and Tony are joined by Spencer Carpenter—an investor who got into real estate with the goal of supporting his family members in retirement. After his first deal went south, however, Spencer lost most of his capital and could have easily given up on real estate. Instead, he doubled down and networked his way to a pair of house flips that he was able to sell at a sizable profit.
If you’ve ever wondered how investors grow their networks to find better deals, this is the episode you’ve been waiting for! Spencer provides his step-by-step formula for hosting real estate meetups at little to no cost, while Ashley and Tony offer their best tips for vetting contractors and property managers. They also discuss working with hard money lenders and what can go wrong if you DON'T maintain an open line of communication!
In This Episode We Cover
How to host your very own real estate meetups at no (or low) cost
Harnessing the power of networking to find wholesalers, buyers, lenders, and more
The best ways to find and vet contractors for your rehabs
Weighing your financial risk when analyzing real estate deals
Red flags to look out for when hiring a property management company
Why you NEED to get on the same page with your hard money lender upfront
And So Much More!

Check the full show notes here: https://www.biggerpockets.com/blog/rookie-303
Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email: advertise@biggerpockets.com
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
Jul 12, 2023
Format:
Podcast episode

Titles in the series (100)

Ready to build your real estate empire… but not sure where to begin?Think of us as your personal trainer.From detailed breakdowns of real-world deals… to one-on-one coaching sessions and a warm, welcoming community… hosts Ashley Kehr and Tony J Robinson bring on a wide range of guests to tackle the “newbie” questions you've wondered about but might be afraid to ask.Looking to 10X your real estate investing business this year? This show isn’t for you.Looking for your first, second, or third deal -- or envisioning a more modest portfolio? Step right up. Every Wednesday, we’ll arm you with the tips, tools, and roadmaps you'll need as you embark on your journey toward financial freedom.