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A Real Wealth Story: Bay Area Couple Buys Six Out-of-State Rentals in Six Months (Audio)
Manage episode 296551276 series 2926608
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If you put in the time and the effort, you can build wealth through real estate. But there are always surprises along the way, even for experienced investors.
In this episode, we hear from a California couple who got started decades ago with rental properties in the San Francisco Bay Area, independently of each other. After they were married fourteen years ago, they continued to invest together, but over the last six months, they’ve almost completely reworked their portfolio.
It’s all thanks to a few revelations, and challenges, during the pandemic that inspired them to buy properties in other states. You’ll hear their story, along with some great advice about the 1031 exchange, the benefits of an “escalation clause” when you are competing against other buyers, and what inspired them to invest in real estate in the first place.
You can learn more about doing this for yourself by joining RealWealth. You’ll find plenty of free educational material on our website. Our investment counselors can also refer you to experienced property teams who can help you get started in real estate.
Go to www.RealWealthShow.com for more information or to listen to past episodes.
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