Angad started investing in real estate 3 years ago and currently has a portfolio of 70 single-family houses, 2  multi-family buildings totaling 12 residential units, and a self-storage facility. The wholly owned $6MM+ portfolio generates cash flow of approximately $25k per month with no outside equity capital. He uses his own capital earned through a RE brokerage business he started as a college student in NYC, where he was generating over $150k per summer when he was just 19 years old. Today, at the age of 24, Angad is thankful to have found a niche using the BRRR strategy in a historically C-class area.

 

[00:01 – 05:39] Opening Segment

Attaining financial independence using the BRRR Strategy

Angad talks about his entrepreneurship background and how he got into real estate

Expansion of property portfolio using the BRRR strategy

 

[07:01 – 15:13] From Nothing to 167 Properties

Finding niches and different pockets of opportunity in the market

Building your own teams and departments instead of relying on third parties

Sticking to the BRRR formula

Tax liens investing and Taxing Funds

 

[15:14 – 24:10] Strategies to Increase Your Net Income

Acquisition of properties through tax liens

Risks in expansion in a new market

Entrepreneurship through Acquisition

Angad talks about his exit strategy by expanding through small businesses

 

[24:11 – 36:58] Closing Segment

Quick break for our sponsors

The first step to growing your wealth is tracking your wealth, income spending and everything else about your finances, you can start tracking your wealth for free and get six free months of wealth advisor.  Learn more about Personal Capital at escapingwallstreet.com

What is the best investment you've ever made other than your education?

Hiring people to help in business growth

Angad’s worst investment

Fully investing in a contractor even before the work is done

What is the most important lesson you’ve learned in business and investing?

“Thinking of everything in terms of supply and demand.”

 

Connect with Angad Guglani through Cooperacq.com or [email protected]

 

Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.

Join our Passive Investor Club for access to passive commercial real estate investment opportunities.

 

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes                  

 

Tweetable Quotes:

“When you have kind of your own departments within your own company, you're able to kind of standardize things and actually have accountability in the organization.” – Angad Guglani                     

“When you're buying a business, there's so much more strategy you can bring to the table.” – Angad Guglani  

“Never ever, under any circumstances, pay them before the work is done.” – Angad Guglani