318: 100 Units in the First 2 Years (Using Bank Financing!) with Collin Schwartz

BiggerPockets Real Estate Podcast - A podcast by BiggerPockets

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Interested in buying over 100 units in two years’ time? Today’s guest did just that! Collin Schwartz shares the amazing story of how he built an impressive portfolio on the foundation of direct mail and networking through meetups. You’ll learn how Collin utilized a clever twist on the BRRRR method to avoiding paying cash for properties (but still get back his down payment), how he uses balloon notes to do this, and how his highly targeted direct mail strategy led to it all being possible. Collin also shares how he runs meetups to find deals, what his criteria are for buying properties, and how he partners/leverages with others to make this incredible success possible over such a short period of time. Collin also earns income managing properties—and even leverages that business to find deals too! If you want a solid game plan that will lead to impressive growth, this is an episode you don’t want to miss! In This Episode We Cover:How Collin went from handwriting 191 letters to over 100 units in two yearsHow he uses networking to find dealsHis direct mail strategyHow he uses the BRRRR method and traditional financingHis 50/50 partnership structureTips for using RUBS to increase profitWhat criteria he looks for in propertiesHow to run meetups to find dealsAdvice for using balloon notes to get into deals (and later refinancing)How to outsource paperwork and bookkeeping to othersHow he makes money managing his own propertiesAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets WebinarListSourceInvoice AmericaBiggerPockets EventsBiggerPockets Podcast 234: Tenants, Evictions, & The Dark Side of No Money Down with Ryan MurdockBiggerPockets JobsZillowLoopnetBooks Mentioned in this ShowWho: The A Method for Hiring by Geoff Smart and Randy StreetRich Dad Poor Dad by Robert KiyosakiThe Millionaire Real Estate Investor by Gary KellerShoe Dog by Phil KnightTweetable Topics:“In my mindset, more units, less risk.” (Tweet This!)“Real estate is forgiving.” (Tweet This!)Connect with CollinCollin’s BiggerPockets ProfileCollin’s MeetupCollin’s InstagramCollin’s LinkedIn Profile