If you’re thinking of making the jump to investing, why do it alone when you can have a partner join you for the ride? In this week’s episode, our guests Caleb and Kyle are passionate about spreading the good news: you CAN leave your W2 and achieve financial independence without any formal training. In less than three years, they’ve accumulated 200 doors and built a highly diverse portfolio of units and mobile homes that allow them to live off investments and spend more time at home.
Tune in for this episode full of practical advice and lessons from experience on flipping multi-family properties, taking on high-risk renovations, and expanding to the mobile home market. Caleb and Kyle are living proof that partnerships can help you tremendously grow your portfolio in a short amount of time. So if you’re truly committed to securing financial independence, this episode tells a great story about how two friends taught themselves how to analyze potential deals, how to strengthen and leverage local relationships in new markets, and why real estate investments are the surefire way to escape the rat race.
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Watch the episode here
Listen to the podcast here
Podcast Highlights:
[4:55] Caleb and Kyle’s Introduction To Financial Independence
[7:40] Their First Deal In 2020
[9:48] Revealing The Numbers Of The Deal
[13:25] How To Make A Partnership Work
[17:00] The Earning Potential Of Multi-Family Properties
[21:20] Dealing With Risk Fears
[24:25] What Dealbreakers Should You Take Seriously?
[27:33] Must-Hear Advice For Investors Looking At Expensive Markets
[29:35] Building Local Relationships In New Markets
[31:16] How Caleb and Kyle Learned How To Analyze Deals
[33:16] Getting Started With Mobile Homes
[38:00] How To Actually Buy Mobile Home Deals
[43:15] Roleplaying A Potential Sales Call
[47:50] How Investing Helped Them Leave Their W2s
[49:50] Caleb and Kyle’s Must-Read Books
[50:45] Best Piece of Learned Advice
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