#33 with Remington Lyman: Develop your Core 4 and the Off Market King

Millennial Millionaire Real Estate Podcast

English - July 02, 2020 19:59 - 1 hour - 123 MB - ★★★★★ - 56 ratings
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Previous Episode: #32 with Dave Van Horn: Note Investing is Not a Musical Symbol and Your Network is Your Bank

Next Episode: #34 with Ben Leybovich: Scaling to 50 million in Acquisition and Always Focused on Personal Growth

In this episode Jonathan Farber talks to Remington Lyman, a former JP Morgan underwriter turned Realtor who became financially free through real estate investing and has acquired more than 10 units in less than a year. Remington is an investor and agent in Columbus, Ohio, who specializes in helping out of state investors break into the Columbus market. We discuss strategies for off-market deals, getting in contact with other real estate agents and investors, and more!

Top Takeaways:

How to balance a W-2 job with part-time real estate investing - 13:15 - 17:00

The best approach varies from person to person, but this is a benefit of investing

House hacking is an easy way to get into real estate

House hacking a multifamily property can have even greater returns

Building a team and a strategy 17:33 - 24:00

There are four essential team members: Realtor, property manager, lender and contractor

This team is especially essential for out of state investors

Keeping the team accountable to each other maintains the integrity of the deal

Off Market deal strategy 28:15 - 44:25

Use the resources available in your area, as an auditor site

Skip tracing provides better data and reaches more people