FasterFreedom LiveCast- How To Build an Amazing Rental Portfolio (Episode 11)
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The YouTube video is a live stream discussion about real estate hosted by Dusty Sanders, Sam Prim, and Rachel. The hosts discuss various topics related to real estate, including the rental business, flipping, lending, and traditional rentals. Dusty shares his formula for understanding how many rental properties are needed to cover monthly expenses. The hosts encourage viewers to attend local real estate meetups and discuss the benefits of using the BRRRR method. They also recommend looking into smaller portfolio lenders and building relationships with buyers or acquisitions guys at wholesale companies to receive leads on houses that fit your criteria.
The hosts discuss their tenant screening process and their strategy for minimizing damage in their rental properties. They also share a story about a house they bought that had body-sized prints cut out of the hardwood floors due to a double homicide that occurred in the front room. Despite the challenges, they were able to fix the house and improve the neighborhood, which led to them buying more houses on the same street.
The hosts address a viewer question about renting to Section 8 tenants and recommend having a good property with a good amount of equity and rent, which can be recession-proof without relying on Section 8. They also mention that real estate, particularly single-family rentals and small apartments, can be one of the most recession-proof investments.
The hosts emphasize the importance of networking and getting involved in the local real estate community to learn more about the industry. They also offer resources and services to help investors get started in real estate. The hosts encourage viewers to share, like, and subscribe to their YouTube channel and join them for their next live stream.
The YouTube video is a live stream discussion about real estate hosted by Dusty Sanders, Sam Prim, a