How to Leverage Your W2 Income to Create Cashflow in Real Estate with Vincent Rodriguez

Vincent Rodriguez is a mechanical engineer and real estate investor. He operates an $8M portfolio with 29 units in California while still keeping his W2 job. Vincent teamed up with his best friend Andrew to start his company, AnVi Holdings. At first, Vincent did most of the work running the business, but now he only does about 10% of the operations. Vincent emphasizes the importance of reliable partnerships and giving your team members a sense of ownership.

Vincent delves into the current market, highlighting the impact of high interest rates and inflation trends. He explains the significance of timing the market and understanding the banking system. The Fed always transmits its future plans, so his advice is to take action before everyone else does.

Toward the end of the episode, Vincent shares his plans for the next 12 months. He gets good cash flow in California through short-term rentals, but now he's shifting his focus to mid-term rentals.

“You need to find valuable people who are actually willing to work and are helping you build the Empire.”

“Since the interest rates are really high right now, not a lot of people can afford to buy. So if you can get deals and good properties, I would say it's a good time to invest.” 

“We are literally the only country where you can raise interest rates and bring down inflation. No other country can do that right now.”

Connect With Me! 

Connect with Vincent Rodriguez:

Learn more about the best real estate strategies and how to gain passive income.

Timestamps:

0:00 Intro

1:24 Why does Vincent Rodriguez still have his day job when he has an $8 million real estate portfolio? 

4:28 The importance of partnerships in real estate.

10:33 How Vincent sees interest rates and the market moving.

13:28 How to make sure that you’re getting cash flow on your properties.

19:16 Vincent’s plans for the next 12 months in real estate.

24:47 Long-term planning is crucial in real estate.

30:35 Why most people don’t understand how the banking system works.

33:34 The impact of globalization on the industry.