170: The Journey From Flipping Houses to Owning 1,470 Units with Andrew Cushman
BiggerPockets Real Estate Podcast - A podcast by BiggerPockets
On this inspiring episode of the BiggerPockets Podcast, we sit down with real estate entrepreneur Andrew Cushman to learn how he went from a full-time job as a chemical engineer to a house flipper and finally a real estate syndicator, buying over 1400 units in less than a decade. You’ll learn how Andrew finds deals, manages the rehabs on a large scale, raises money for large apartment purchases, and more. Don’t miss a moment of this powerful show! In This Episode We Cover:How Andrew started as a chemical engineer — then got into investingWhy he trusted his mentor from the outsetHow many flips he has done so farTips for scaling from 0 to 24 flips in 5 yearsThe details of his first flipA discussion on buying pre-foreclosure propertiesThe story of making 4,575 phone calls before getting his first dealThe importance of believing in yourself and believing in the systemHow Andrew has flipped 24 properties and 1,470 apartmentsHow he made money on the first flipHow to scale by building a systemHow to find pre-foreclosed dealsThe best flip he’s ever completedTips on weird housesHis first apartment dealWhy he doesn’t recommend a heavily distressed dealThe difference between single family and multifamily propertiesHow to become a “sophisticated investor“How he find apartment dealsAnd SO much more!Links from the ShowWebby AwardsBloombergDowJonesHarvardBusinessWiredForbesCNN MoneyBiggerPockets CalculatorsForeclosure.comPropertyRadarRealtytracHow to Buy a Foreclosure : The Comprehensive Guide to Buying a Foreclosed HomeGeneral Foreclosure & Pre-Foreclosure ForumsBRRRR StrategyGoBundanceBP Podcast 157: A Simple Morning Ritual to Help You Dominate Every Area of Your Life with Hal ElrodBP Podcast 166: How Modeling Greatness Can Get You To 100+ Deals with Matt AitchisonBP Podcast 169: Using Hustle and Persistence to Build Wealth Through Real Estate with David Greene1 Life Fully Lived OrganizationSlackBooks Mentioned in this ShowRich Dad Poor Dad by Robert T. KiyosakiThe One Thing by Gary Keller and Jay PapasanThe E-Myth Revisited by Michael E. GerberEmerging Real Estate Markets by David LindahlMulti-Family Millions by David LindahlStart with NO by Jim CampTweetable Topics:“This system will work so I’m going to make it work.” (Tweet This!)Connect with AndrewAndrew’s BiggerPockets ProfileAndrew’s Website