02.21.2019 - By BiggerPockets
Interested in buying over 100 units in two years’ time? Today’s guest did just that!
Collin Schwartz shares the amazing story of how he built an impressive portfolio on the foundation of direct mail and networking through meetups. You’ll learn how Collin utilized a clever twist on the BRRRR method to avoiding paying cash for properties (but still get back his down payment), how he uses balloon notes to do this, and how his highly targeted direct mail strategy led to it all being possible. Collin also shares how he runs meetups to find deals, what his criteria are for buying properties, and how he partners/leverages with others to make this incredible success possible over such a short period of time.
Collin also earns income managing properties—and even leverages that business to find deals too! If you want a solid game plan that will lead to impressive growth, this is an episode you don’t want to miss!
In This Episode We Cover:
How Collin went from handwriting 191 letters to over 100 units in two years
How he uses networking to find deals
His direct mail strategy
How he uses the BRRRR method and traditional financing
His 50/50 partnership structure
Tips for using RUBS to increase profit
What criteria he looks for in properties
How to run meetups to find deals
Advice for using balloon notes to get into deals (and later refinancing)
How to outsource paperwork and bookkeeping to others
How he makes money managing his own properties
And SO much more!
Links from the Show
BiggerPockets Forums
BiggerPockets Webinar
ListSource
Invoice America
BiggerPockets Events
BiggerPockets Podcast 234: Tenants, Evictions, & The Dark Side of No Money Down with Ryan Murdock
BiggerPockets Jobs
Zillow
Loopnet
Books Mentioned in this Show
Who: The A Method for Hiring by Geoff Smart and Randy Street
Rich Dad Poor Dad by Robert Kiyosaki
The Millionaire Real Estate Investor by Gary Keller
Shoe Dog by Phil Knight
Tweetable Topics:
“In my mindset, more units, less risk.” (Tweet This!)
“Real estate is forgiving.” (Tweet This!)
Connect with Collin
Collin’s BiggerPockets Profile
Collin’s Meetup
Collin’s Instagram
Collin’s LinkedIn Profile
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