442: Taking "Bite-Sized Steps" to Go from Broke to $20,000/Month with Bryce Stewart
Hearing Bryce Stewart’s story may sound familiar to long-time BiggerPockets Podcast listeners. That’s because Bryce was on Episode 276 where he gave the great metaphor “vacuuming out the truck” relating to real estate investments.
Bryce is back to talk about being a great mentor/mentee, what every contractor needs before working on a rental, how to go from active to passive real estate ownership, and his new book House-Hacker’s Guide To The Galaxy.
Bryce understands what it’s like to be a new investor. Every step seems hard, the end result seems almost impossible, so where do you even start? Simply, take a step forward, no matter how small it is. Even just starting to save a few hundred bucks a month can be your first step towards becoming a real estate investor.
As time goes on, these small steps become giant leaps, and what seemed impossible at first, can now be doubled since you have the know-how. Bryce takes us back to a time where he didn’t know how to get his property taxes lowered, but through very incremental steps was able to make a case and save himself thousands of dollars in the long run.
Looking for a mentor? Stick around to hear Bryce’s top piece of advice for any new real estate investor. This simple tactic can help beginner investors know more about what they’re getting into and also show the mentor they’re serious about their new interest.
In This Episode We Cover:
- Why small steps can lead to massive leaps in real estate investing
- How to go from an active to a passive investor
- Why newbies should know what collateral is and how it affects their loans
- What every contractor needs to have before they work with Bryce
- A specialized and creative new BRRRR strategy
- What you can do to get your foot in the door as a real estate investor
- And SO much more!
Links from the Show
- BiggerPockets Forums
- BiggerPockets Bookstore
- BiggerPockets Podcast 276: Early Retirement ($10k/Month) by Age 35 with Bryce Stewart
- BiggerPockets Webinars
- Docusign
- Dotloop
- M1 Mastermind
- YNAB
- Zillow
- The Crown (Netflix)
- Young Life
Check the full show notes here: http://biggerpockets.com/show442
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