Single-family rentals are where most real estate investors start. In one way or another, a new investor realizes that there is more to life than just their job. They save up, get educated, and buy their first rental property. Those who do well repeat the process, slowly growing their portfolio to double-digit numbers. But, at a certain point, they realize they can’t go any further with the system they’ve set up for themselves. What should they do?
Rich Fettke, co-founder of Real Wealth, and author of The Wise Investor, fell into real estate accidentally. Over the years he’s had to fine-tune his system, scale his team, and learn how to become not only a successful investor but a successful leader. Now, he runs one of the premier real estate investing websites on the internet, manages three syndications per year, and still individually invests in rental properties.
Thanks to his track record of more than two decades, he knows what does and doesn’t work when trying to scale your real estate portfolio. Most importantly, Rich knows who to hire onto your team so you can continue to build wealth, without having to do all the work yourself.
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Join BiggerPockets for FREE:
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Grab Rich’s New Book, “The Wise
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Buy Rich’s Real Estate Reading Pick, “The Book on Rental Property
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The Simplest Way to Successfully Scale Your
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Syndications—Everything You Need to Know BEFORE You
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Join the Real Wealth
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Follow Rich on Instagram:
@richfettke or
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Connect with Rob (Robuilt) on Youtube, Instagram, Tiktok, and Twitter:
Youtube:
Instagram:
TikTok:
Twitter:
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Connect with David and Rob on BiggerPockets:
David:
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Follow David on Instagram:
@davidgreene24 or
Episode 617
Show notes at:
00:00 Intro
03:57 Quick Tip
05:21 Helping Others Build "Real Wealth"
11:11 Culture, Mindset, and Building Your Team
17:32 Identifying Your "Inner Gremlin"
23:28 Finding Light of Challenging Situations
27:16 Outsourcing Your Work & Hiring the Right Way
42:31 Where New Investors Should Start
48:58 The Secret to Real Estate Success
56:07 Famous Four
Recommended Reading >> bit.ly/32kRpzw
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