Purchasing one rental property is an accomplishment in itself, but what about purchasing 26 units in your first year of real estate investing? Not many do it, but someone who has is Amelia McGee. Amelia didn’t have any formal training on real estate investing. She wasn’t a broker, an agent, or a contractor; none of her family invested in real estate either. You could say that Amelia had to take a ‘’leap of faith” to begin her real estate investing career, a leap that has paid off quickly.
Amelia had exhausted much of her funds after investing in her first deals, but through leveraging her social media she was able to find partners who funded the down payment for an 11-unit apartment complex. She received equity for her hard work and her financers received equity for their risk, a true win-win!
Now, Amelia is helping others purchase their first deals by TA-ing for Ashley during BiggerPockets Rookie Boot Camp. If you weren’t able to get in on the Bootcamp this time, fill out this form to be notified when sessions open up next!
In This Episode We Cover
How to acquire deal #1 without any background in real estate investing
The best resources rookies can use to get a home-run deal on their first try
Partnering with family to flip or a BRRRR a property
Why local banks may be an underappreciated way to affordably finance your deals
Using social media as a way to generate property leads, partnerships, and more
The systems and software you need to scale FAST as a rookie
And So Much More!
Links from the Show
Real Estate Rookie Podcast
Real Estate Rookie Youtube Channel
Ashley's Instagram
Tony's Instagram
Real Estate Rookie FaceBook Group
Rookie Bootcamp
David Greene
BiggerPockets Podcast
BiggerPockets Podcast 476: Using Partners to Scale & Killing it With Airbnbs w/ Tony J Robinson
Apartments.com
Stessa
Monday.com
Instagram
Iowa Courts
biggerpockets.com/forums
Check the full show notes here: https://biggerpockets.com/rookie111
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