DiscoverReal Estate Rookie333: How to Turn Your Rental Property Profits into a Huge Real Estate Portfolio w/Kevin Cullen
333: How to Turn Your Rental Property Profits into a Huge Real Estate Portfolio w/Kevin Cullen

333: How to Turn Your Rental Property Profits into a Huge Real Estate Portfolio w/Kevin Cullen

Update: 2023-10-25
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Your real estate business has come across a little money. Maybe you’ve just sold an investment property for a large profit or increased your W2 income. In any case, how should you go about investing your small fortune? Like any investor, you want your money to help you scale your real estate business faster. Today’s guest is here to lend a hand!

Welcome back to the Real Estate Rookie podcast! Usually, Ashley and Tony are the ones asking the questions, but in this very special episode, THEY are being interviewed by rookie investor Kevin Cullen. On the brink of selling one of his three investment properties, Kevin has a handful of burning questions for our hosts. How should he spend his newfound capital? Should he get a partner for his next deal? What are the best ways to structure his first partnership?

In this episode, Kevin hits on several important topics that rookies often wonder about. Stick around for the biggest “red flags” to look out for in a potential investing partner, key terms to include in a partnership agreement, and when to get an attorney involved as you’re forming your partnership. You’ll even learn how to reinvest your money into real estate and three ways to find off-market properties!

In This Episode We Cover:

How to reinvest your money and scale your real estate portfolio faster

The best ways to structure your first real estate investing partnership

Roles and responsibilities you MUST include in your partnership agreement

How to restructure an existing partnership agreement

The biggest “red flags” to look out for when vetting a potential partner

Finding the best off-market deals with three clever sourcing strategies

And So Much More!

Links from the Show

Find an Agent

Find a Lender

Ashley's BiggerPockets Profile

Ashley's Instagram

Tony's BiggerPockets Profile

Tony's Instagram

Real Estate Rookie Facebook Group

Join BiggerPockets for FREE

Ask Us Your Investing Question

Grab Your Copy of “Real Estate Partnerships” Today

Double Your Cash Flow Overnight (In ANY Market) with Medium-Term Rentals

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A Step-by-Step Guide to Finding the BEST Off-Market Real Estate Deals w/ Nate Robbins

Connect with Kevin:

Kevin's BiggerPockets Profile

Kevin's Instagram

 


Check the full show notes here: https://www.biggerpockets.com/blog/rookie-333

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email: advertise@biggerpockets.com

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333: How to Turn Your Rental Property Profits into a Huge Real Estate Portfolio w/Kevin Cullen

333: How to Turn Your Rental Property Profits into a Huge Real Estate Portfolio w/Kevin Cullen

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