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Within real estate investing there is a trend that seems to happen where many of the posts and articles you read make things seem super easy. They put a lot of glam onto the industry to make it sound like anyone can do it. While there is some truth to that statement there also lies the true world of real estate investing. It can be a hard lesson sometimes, but with some perseverance things can go in your favor. While that does not mean you will not continue to have lessons along the way it can be the determining factor between someone who succeeds in the industry and someone who fails. This week Brentin Hess tells us both sides of his experiences. From failing on his first flip to averaging 35k+ per flip. Also lessons about what running low income rentals are truly like and why systems and processes are a big deal if things need to run smoothly.
Brentin was able to pay off all his student loan debt with his investments in real estate. It didn’t come easy though, he worked hard to complete flips, and purchase some buy and hold properties as well. To hear how he got started from scratch and is now moving forward at a fast pace, be sure to tune in to this episode! If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review! Best Ever Tweet: “The lack of consistency in those actions, I would have been just as well served to throw my money in the trash” - Brentin Hess Brentin Hess Real Estate Background: - He flipped his way out of college debt. He has done 16 flips over 3 years - He has 13 rental units with a partner -Certified Keller Williams Instructor - Served as an Accounting and Finance Analyst for the Department of Defense for 5 years - Is an instructor and Board of Directors Member for the non-profit, Keller Williams Kids Can - Based in Baltimore, Maryland - Say hi to him at: - Best Ever Book: Millionaire Real Estate Investor Join us and our online investor community: Made Possible Because of Our Best Ever Sponsor: Are you committed to transforming your life through real estate this year? If so, then go to to apply for his coaching program. is my real estate, business, and life coach. I’ve been working with him for years. Spots are limited, so be sure to apply today!
Financial debt (like student loans or credit cards) is irritating, expensive, and flat-out dangerous. But you don’t have to be stuck paying the minimum payments for decades like most Americans. Today, we’re excited to introduce you to Brentin Hess, a young investor who “flipped his way out of student loan debt” and has already been able to quit his job thanks to his real estate investments. You’ll learn how Brentin used a partnership to begin his house flipping journey, as well as the mistakes that cost him time and money in the beginning. Brentin is incredibly inspiring, so take time to listen to this entire episode—and prepare to have a fire lit beneath you!In This Episode We Cover:Tips for getting into real estate at a young ageBrentin’s experience of having a real estate license at 19 years oldHow his first partnership came to fruitionHow to deal with contractors when you’re youngThe details of his first dealTips for leveraging capitalWhat exactly a Guidance Line of Credit isThe importance of building relationshipsWhy he shifted from flipping to rental propertiesHow he financed a multifamily dealTips for finding the right partnersWhen you should consider the rent as stabilizedHow he quit his jobThe story of how Gary Vaynerchuck was a guest for his eventAnd SO much more!Links from the ShowBiggerPockets ForumsHow to Achieve Greater Success by Doing Less with Devin ElderAchieving Financial Freedom at Age 32 with Austin FruechtingA Simple Morning Ritual to Help You Dominate Every Area of Your Life with Hal ElrodGary Vaynerchuk’s PodcastFrom “D-Student” to $400,000 in Annual Rental Property Cash Flow with David OsbornThe Journey From Flipping Houses to Owning 1,470 Units with Andrew CushmanHow Modeling Greatness Can Get You To 100+ Deals with Matt AitchisonOvercoming Inaction, Direct Mail, and Becoming an Successful Wholesaler with Tim GordonBrandon’s TwitterBooks Mentioned in this ShowRich Dad Poor Dad by Robert KiyosakiCrush It! by Gary VaynerchukThe Millionaire Real Estate Investor by Gary KellerHow to Make Big Money in Small Apartments by Lance EdwardsChange Your Habits, Change Your Life by Tom CorleyThe 7 Habits of Highly Effective People by Stephen CoveyFire Round QuestionsWhich mortgage should I pay off first? Rental or my own?Credit card to fund renovations—lots of questions!How can I avoid the mistakes that YOU made?Tweetable Topics:“A lot of people who are into real estate sales don’t even get into investing.” (Tweet This!)“Flipping is transactional.” (Tweet This!)“Time is a finite resource.” (Tweet This!)“Life is boring if you’re not being creative.” (Tweet This!)Connect with BrentinBrentin’s BiggerPockets ProfileBrentin’s Instagram ProfileBrentin’s Facebook ProfileGoRecn