Today on the BiggerPockets Podcast we sit down with Cory Binsfield, a multifamily rental property investor who comes from Duluth, MN.
If you ever feel like you don’t have enough time to invest in real estate, wait until you hear Cory’s story. He currently owns and manages 97 units himself while still working a full time job. Today he teaches us how he does it and also touches on a variety of topics related to getting started, house hacking, investing in a college town, and being a master of creative finance.
This show is packed full of valuable tips so make sure to grab a pen and paper for notes, and let’s get to it!
In This Show We Cover…Starting out with an investment that makes your wife cryHow to use a VA LoanCreativeFinance vs. Conventional FinanceThe ins and outs of investing in a college townThe SWAT team that descended on Cory’s propertyMistakes, mistakes and more mistakes!Why partnering may NOT be a good option after allHow to personally manage over 97 units while working a full time jobHow to build a solid team that can put out the fires while you chill on a beach in MexicoNetworking as a “lifestyle”Owning a frat houseWhat to look for when buying a multifamily Why real estate is better than other retirement optionsThe most helpful technological aid in Cory’s businessAnd a whole lot more!Links from the Show:Why I’m Not a Flipper-Don’t Kill the Goose! by Cory BinsfieldHow to “Hack” Your Housing and Get Paid to Live for Free by Brandon TurnerThe BiggerPockets TourBooks Mentioned in the Show:The Millionaire Real Estate Investor by Gary KellerThe Shareholder Letters by Warren BuffettTweetable Topics:“Networking is a lifestyle.” (Tweet This!)“There’s not a single path to success in real estate.” (Tweet This!)“You don’t want a “good” life, you want a “great” life.” (Tweet This!)Connect with Cory:Cory’s BiggerPocket Profile