#32: Henry Washington
Henry Washington is a real estate investor, educator, coach, and co-host of BiggerPockets’ On The Market podcast.
Starting out with just $1,000 and bad credit, Henry suffered a panic attack out of worry he wouldn't be able to provide financially for his family. 90 days later, he owned his first rental property. And within just a few years, he scaled to 70+ units; became one of the country's best-known real estate teachers; and built a dream life for his family.
Henry also discusses:
-How seeing his father's side businesses inspired him to start a real estate company
-Living a big life as an example to your kids
-The TEDx Talk on passive income that motivated him to pursue real estate investing
-How honesty and commitment strengthened his wife's trust in his entrepreneurial ventures
-Using a 401k loan to invest in real estate
-Improving his credit and building a network of passive investor
-Building a consistent, reliable lead generation system
-The "Burst Strategy" in real estate investing
-The growing affordable housing problem and the opportunities it presents
-How historic racism and lack of resources for Black Americans require partnerships for affordable housing
-Why he's not worried about a 2023 recession
-How to be more present and intentionally design quality time with your kids
-His upcoming book, "Real Estate Deal Maker"
Books mentioned in this episode:
“Rich Dad, Poor Dad” by Robert Kiyosaki
“The Richest Man in Babylon” by George S. Clason
“The Alchemist” by Paulo Coelho
“The Wise Investor” by Rich Fettke
Henry’s charitable cause:
Saving Grace NWA, which “serves young women ages 18-25 who have aged out of foster care or are facing homelessness" by providing safe housing, educational assistance, career guidance, and more.
Connect with Henry: