In the early 2010s, Joseph Moore was a history professor earning $60,000/year with no real estate investing experience. Now, he’s a real estate millionaire, still working the job he loves, with fewer rental properties than you’d think, and financially free from a handful of real estate investments. He got there by following the historical lessons of the wealthy that he’s sharing in today’s episode.
After almost being wiped out in the 2008 housing crash, Joseph took a hard look at how he could financially protect himself and his wife. The answer? Invest in time-tested assets like real estate. Using a tactic called the “Johnny Appleseed Strategy,” he bought rentals in places where the demographic demand was flowing, and it paid off, but not without some massive hiccups.
FBI raids, underground crime rings, destroyed properties—he learned his lesson, but even these extreme headache properties made him wealthy, proving the strategy worked. Now, with a select bunch of rental properties, Joseph has become a real estate millionaire by targeting the right homes, in the right markets, from the right sellers.
Today, he’s teaching the five core lessons that made him a real estate millionaire and how to spot the properties with the highest upside so that you can build wealth with fewer rentals.
In This Episode We Cover
The “Johnny Appleseed Strategy” investors can use to buy in the best areas before the masses catch on
The underground crime ring that was (unknowingly) run out of Joseph’s rental property
How to reach financial freedom with far fewer rentals than you think you need
Five lessons of the wealthy that every investor should follow when buying rental properties
The one strategy that has helped more Americans pay off their mortgage early than anything else
And So Much More!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1289.
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