Rich sits down with Henry Washington – Real Estate Investor, Author, and Co-Host of Bigger Pockets. When Henry married he quickly realized that working 50 hours a week was still not giving him enough income to provide his family with the life they deserve. After a late-night panic attack and some Google searches, Henry found that real estate investing was a powerful tool for building generational wealth. He immediately took action by attending local investor meetups, listening to podcasts, and telling everyone that he was an investor. Henry closed on his first investment property only 90 days later. Now he's 6 years into his real estate investment journey, has over 100 cash-flowing properties, and flips about 20 houses a year. Rich and Henry start off by discussing how Henry became a host with Bigger Pockets, STR Wealth Con and Nashville, Brandon Turner, how to network correctly, Henry’s other podcast: On The Market, avoiding fearmongers, current interest rates, rate cuts and the current election year, and what Henry’s portfolio looks like right now.They then reflect on real estate being a people business, how Henry finds deals, radio ads, how Henry got his start in real estate, buying the first deal, the buy and hold strategy, whether one should flip or re-fi and hold properties, what Henry can typically pick up in his market, what working at Bigger Pockets is like, building trust with communities, Henry’s favorite members of Bigger Pockets, what Henry is most excited about in 2024, working with lenders, and what Henry teaches his students.Lastly, they talk about hiring content managers, the benefits of utilizing social media, Ryan Pineda, different ways to add value, the value of hosting meet ups, successful real estate investors and those who give up, and growth and progress. Connect with Henry on Instagram: @thehenrywashingtonJoin our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest. Want to join our Boutique Hotel Mastermind Community? Book a free strategy call with our team: www.hotelinvesting.com. If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related