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#165 with Stuart Grazier: Going From the Military to 100 Units Sold Through His Remote Turnkey Business
Millennial Millionaire Real Estate Podcast
English - February 01, 2021 18:58 - 53 minutes - 97.2 MB - ★★★★★ - 56 ratingsInvesting Business Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
In this episode, Jonathan Farber interviews Stuart Grazier on his path from starting real estate out of college while in the military to approaching 100 units sold through his remote turnkey business. Stu runs a turnkey operation while on active duty in the Navy, based in Denver, Colorado. In this episode, we break down topics like: utilizing the VA loan, using smart househacking criteria, notes for renting by the room, and more!
Top Takeaways:
Taking advantage of the VA loan - 11:15 - 12:15
The VA loan is one of the best benefits available to military members
It allows you to get a mortgage for 0 down, with a few basic requirements
It is an excellent way for military members to get started in real estate
Picking househack criteria to make it work - 16:00 - 18:15
If you know you’re going to be moving in a few years, consider that added risk in your bu
In expensive markets especially you need to make sure it’s rentable without you in it
Get something that you would be comfortable renting if you aren’t able to sell
Tips for renting by the room - 21:15 - 22:15
One way to ease into it and avoid some awkwardness is to find tenants in your network
While it may not be for everyone, there is a lot of value in it
If you don’t go with it to start, leave it in your back pocket as an option if needed
How to bring value to Stuart Grazier:
Check out his turnkey business, looking for partners and private money lenders
Resources:
Social Links:
biggerpockets.com/users/StuGrazier
linkedin.com/in/stuart-grazier-327298145
Filling The Storehouse on Apple Podcasts
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