Teaching Veterans to House Hack Using VA Loans with Eric Upchurch

Eric Upchurch – Real Estate Investor and Army Veteran from Active Duty, Passive Income talks to Neil Henderson and Brittany Henderson, the hosts of The Road to Family Freedom podcast. Eric has a passion for educating the military community on how to create long term wealth through real estate investing, while personally investing across the country for the last fourteen years. He serves as Co-Founder of Active Duty Passive Income (ADPI) and is a Senior Managing Partner with ADPI Capital. Most recently, Eric’s team has opened a nationwide, first-of-its-kind 100% employee-owned mortgage branch, real estate brokerage, as well as an insurance company – all with the goal of serving the ADPI community of military real estate investors.

In this episode we talk to Eric about how he became an accidental landlord when he purchased his first house with a VA loan, we talk about his passion for teaching other veterans the power of house hacking, we talk about his specific strategy of live-in flips and how that allowed him to build capital for investing in large multifamily, and finally, we talk about the key to successful networking.

Post-Interview Analysis 

Key Lessons Learned. Networking is about focusing on the OTHER person’s needs before your own. You will have much greater success networking if you go into each interaction trying to find out what the other person needs, and how you can perhaps help them.How did they acquire their knowledge or what knowledge did they need to acquire? He went to a real estate seminar and did the upsell, upsell, upsell, and found himself in a mentoring program.How much money did it take to get started? He was able to get into his first property by taking advantage of the Veteran’s Administration’s zero percent down loan program offered to military veterans.How much time does it take now? He spends about 10 hours per week on his real estate endeavors. Could they do this strategy from anywhere in the world? Yes, he has transitioned into buying larger multifamily properties across the country. 

Episode Highlights: 

Schedule a video chat with Neil Henderson at roadtofamilyfreedom.com/storage How he became an accidental landlord when he purchased his first house with a VA loanHis passion for teaching other veterans the power of house hackingHis specific strategy of live-in flips and how that allowed him to build capital for investing in large multifamilyThe key to successful networkingAnd much more…

Books and Resources Mentioned

The Road to Family Freedom:

Eric Upchurch – Real Estate Investor and Army Veteran from Active Duty, Passive Income talks to Neil Henderson and Brittany Henderson, the hosts of The Road to Family Freedom podcast. Eric has a passion for educating the military community on how to create long term wealth through real estate investing, while personally investing across the country for the last fourteen years. He serves as Co-Founder of Active Duty Passive Income (ADPI) and is a Senior Managing Partner with ADPI Capital. Most recently, Eric’s team has opened a nationwide, first-of-its-kind 100% employee-owned mortgage branch, real estate brokerage, as well as an insurance company – all with the goal of serving the ADPI community of military real estate investors.

In this episode we talk to Eric about how he became an accidental landlord when he purchased his first house with a VA loan, we talk about his passion for teaching other veterans the power of house hacking, we talk about his specific strategy of live-in flips and how that allowed him to build capital for investing in large multifamily, and finally, we talk about the key to successful networking.

Post-Interview Analysis 

Key Lessons Learned. Networking is about focusing on the OTHER person’s needs before your own. You will have much greater success networking if you go into each interaction trying to find out what the other person needs, and how you can perhaps help them.How did they acquire their knowledge or what knowledge did they need to acquire? He went to a real estate seminar and did the upsell, upsell, upsell, and found himself in a mentoring program.How much money did it take to get started? He was able to get into his first property by taking advantage of the Veteran’s Administration’s zero percent down loan program offered to military veterans.How much time does it take now? He spends about 10 hours per week on his real estate endeavors. Could they do this strategy from anywhere in the world? Yes, he has transitioned into buying larger multifamily properties across the country. 

Episode Highlights: 

Schedule a video chat with Neil Henderson at roadtofamilyfreedom.com/storage How he became an accidental landlord when he purchased his first house with a VA loanHis passion for teaching other veterans the power of house hackingHis specific strategy of live-in flips and how that allowed him to build capital for investing in large multifamilyThe key to successful networkingAnd much more…

Books and Resources Mentioned

The Road to Family Freedom: roadtofamilyfreedom.comWebsite: Active Duty, Passive IncomeWebsite: EricUpchurch.comFacebook: Military Real Estate InvestingFacebook: Eric UpchurchEmail: [email protected]Instagram: @realericupchurchLinkedIn: Eric UpchurchResource: VA Home Loans

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