145: Creative Investing in an Expensive Market, Seller Financing, and Buying Foreclosures with Grammy-Nominated Jeremy Jones

On this episode of The BiggerPockets Podcast, we sit down with an investor who’s also a Grammy-nominated musician! Jeremy Jones has been acquiring rental properties in the Seattle metro area for several years, focusing primarily on multifamily investments and supplying him with a stream of passive income. You’ll love both his tactics and mindset and will walk away from this interview with numerous actionable ideas to help take your business to new heights. Enjoy! In This Episode We Cover:A little bit about Jeremy and how he startedHow he got into real estate by chance through his music careerHow to maximize your income by renting by the roomHis first non owner-occupied rentalWhat you should know about buying foreclosuresThe BRRRR Strategy and how to use itAdvice on having a “long term flip“A discussion about hard moneyThe importance of having exit strategies in mind ahead of timeThe topic of refinancingHow to develop a criteria for purchasing housesHow exactly banks and loans workREO vs. foreclosure auctionsHow Jeremy uses seller financingWhere he buys properties and why he keeps them close to homeHow he manages his property and finds great contractorsAnd SO much more!Links from the ShowInterested in becoming a guest on the BiggerPockets Podcast? Click HereBuilding a Rental Portfolio Through “Long-Term” FlipsRedFinBiggerPockets ForumsBooks Mentioned in this ShowRich Dad’s CASHFLOW Quadrant by Robert KiyosakiThe Power of Full Engagement by Jim LoehrThe Law of Success by Paramahansa YoganandaTweetable Topics:“If you have comps in mind, you can increase your confidence.” (Tweet This!)Connect with JeremyJeremy’s BiggerPockets ProfileJeremy’s Personal WebsiteJeremy’s Airbnb Property