BiggerPockets Real Estate Podcast

279: How to Find Overlooked Opportunities in a Hot Market with Andrew Cushman

05.17.2018 - By BiggerPocketsPlay

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Are you ready to jump into real estate investing, but don’t believe you can find deals in today’s hot market? In this episode, we sit down with multifamily expert Andrew Cushman, who’s actively doing deals in today’s market — and turning big profits. In this show, Andrew explains how he’s finding deals, what metrics he uses to qualify them, where he’s buying today, and what his secret tricks are for finding the “overlooked opportunities” most investors miss — including how he found an amazing deal in the “trash can” for bad deals!

You’ll love hearing how Andrew creates millions of dollars in equity and builds relationships with deal-finders so that they bring him the best deals first. Be sure to download this episode and share it with your friends, so you, too, can master the secrets that the pros are using to snag killer deals!

In This Episode We Cover:

Andrew’s backstory

How to make deals rather than find them

The ABCD neighborhoods — what are they?

What specific properties Andrew is looking for

His effective screening criteria for finding properties

An in-depth story on one deal

Net operating income (NOI)

Understanding how properties are valued

Challenges Andrew faced over the years

Finding great contractors

Andrew’s many rental property units

And SO much more!

Links from the Show

BiggerPockets Forums

BiggerPockets Money Podcast

BiggerPockets Podcast 170: The Journey From Flipping Houses to Owning 1,470 Units with Andrew Cushman

City Data

Rich Blocks Poor Blocks

Trulia

USA.com

Loopnet

BiggerPockets Podcast 052: Buying Apartment Complexes, Raising Millions, and Building a Profitable Business with Ken McElroy

BiggerPockets Podcast 226: From “D-Student” to $400,000 in Annual Rental Property Cash Flow with David Osborn

Gobundance

Books Mentioned in this Show

The ABCs of Real Estate Investing by Ken McElroy

David Greene’s Long Distance Real Estate Investing

Emerging Real Estate Markets by David Lindahl

How to Win Friends & Influence People by

Fire Round Questions

Help! 1 million dollars to invest! What do i do!?

30 yr or 15 yr mortgage?

Go Solo OR with a big Multifamily investor

Tweetable Topics:

“The person who wants it the most, loses.” (Tweet This!)

“You can completely destroy an investment with the wrong people managing it.” (Tweet This!)

“Don’t wait to buy Real estate. Instead, buy real estate and wait.” (Tweet This!)

“The best way to spot a great deal is to look at 99 bad ones.” (Tweet This!)

Connect with Andrew

Andrew’s BiggerPockets Profile

Andrew’s Linkedin Profile

Andrew’s Company Website

Learn more about your ad choices. Visit megaphone.fm/adchoices

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