BiggerPockets Real Estate Podcast

199: 25 Doors by Age 25 with Houssein Al-Eidan

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Real estate investing is no longer just for older generations! Today on the BiggerPockets Podcast, we sit down with Houssein Al-Eidan, an accountant from the St Louis area who has purchased 25 rental units — and he’s just turning 25 years old this month! You’ll hear Houssein’s unique strategy of buying lower-price properties (many from auctions) and using a variety of strategies to increase his returns (including AirBnB and even leaving some properties vacant!). This show is bound to leave you inspired to expand your own real estate portfolio — no matter what age you are.

In This Episode We Cover:

  • How Houssein found BiggerPockets
  • How he relocated from Kuwait to St. Louis (and why)
  • How he discovered real estate through TV shows
  • What his first deal was like
  • How he dealt with a complicated foreclosed property with an existing tenant
  • The total number of deals he’ve done so far in the past year
  • How his numbers look for his condo units
  • What his game plan is after buying so much property
  • How he funds these properties through seller financing
  • The importance of understanding the seller’s motivation
  • Tips on Airbnb properties
  • How be built a team for delegation
  • A word of caution in this type of investing
  • And SO much more!

    • Links from the Show

    • Scott’s Twitter Account
    • BiggerPockets Jobs
    • Flip or Flop
    • BiggerPockets Podcast on Youtube
    • Auction.com
    • Zillow

      • Books Mentioned in this Show

      • The Book on Investing with Low or No Money Down by Brandon Turner
      • The Effortless Empire by Chris Gray
      • How to Win Friends & Influence People by Dale Carnegie

        Tweetable Topics:

        • “The first purchase may not be always be the best.” (Tweet This!)
        • “Once you understand the seller’s motivation, from there you can customize a plan.” (Tweet This!)

          • Connect with Houssein

          • Houssein’s BiggerPockets Profile

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