BiggerPockets Real Estate Podcast

318: 100 Units in the First 2 Years (Using Bank Financing!) with Collin Schwartz

02.21.2019 - By BiggerPocketsPlay

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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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