In this special episode, we’re joining the FI Team straight from their Colorado retreat! Hear from everyone’s unique experiences in real estate, from Craig’s rocky start in 2017 to Carrie’s short-term rental that cost $40,000 and has since doubled in value! We also hear from first-time investors on the team who have recently leaped their first property or house hack – an excellent blueprint for anyone just starting their journey!
Dive into Craig’s story, which started with a modest goal of owning 6-7 properties and has now grown into an impressive collection of 26 properties, including single-family homes, duplexes, and syndicated units. We also discuss the more challenging aspects of real estate investing, such as Craig’s tenant horror story, failures with previous partners, and mistakes when not checking out the property before investing. Despite these setbacks, Craig offers listeners a forecast of what’s to come as he expands his investments and net worth.
This episode covers valuable tips and strategies for both long-time portfolio holders and aspiring investors. Don’t miss out on this as Craig and the FI team wrap up the episode by reflecting on favorite moments in house hacking and leaving listeners with realistic advice for anyone looking to succeed in the real estate market.
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Listen to the podcast here
Podcast Highlights:
[0:45] Craig’s Rocky Beginning in 2017
[4:00] Investing in Milwaukee in 2015
[6:00] Carrie From the FI Team
[8:30] Why Anne Is Investing For the First Time – Despite High Rates
[10:25] On Marsan’s Very First House Hack
[13:20] Investing Early at 21 Years Old
[17:20] Craig’s Horror Stories in Real Estate
[20:55] Forecasting Craig’s Portfolio
[22:20] Experiences With Partnerships
[24:15] How to Start in Real Estate When You Know No One in the Industry
[25:45] Must-Dos Before Partnering With a Close Friend/Relative
[27:00] Beginner Investor Mistakes to Avoid
[29:50] Should You Clear Debt Before Investing?
[31:20] His Favorite Moment in House Hacking
[33:20] Best Piece of Advice for Investors
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Important Links
HOST
Craig Curelop
📸 Instagram: https://www.instagram.com/thefiguy
📘 Book: https://store.biggerpockets.com/products/the-house-hacking-strategy
🏘️ Buy Real Estate: https://bit.ly/3V3QDze
Check out the recommendations here:
🔗 Affiliate Links
- Don’t miss out on resources of great value for real estate starters. Visit FITeam’s website! — https://www.thefiteam.com/
- We’re growing our team in all 50 states! If you’re an investor-friendly real estate agent looking for a top 1% team, reach out here: com/apply/
- Check out his book recommendations here:
- 10x Is Easier Than 2x: How World-Class Entrepreneurs Achieve More by Doing Less by Dan Sullivan and Dr. Benjamin Hardy – https://a.co/d/1vnZHGo
