530: Finding the “Hidden Gold” Most Investors Miss Both On & Off-Market
Having limited lung capacity while playing college basketball seems almost impossible. But, like almost everything else in Nolan Gottlieb’s life, he pushed through it to accomplish his dreams. Hard work and determination are what allowed Nolan to step onto that basketball court, even with a severe physical disadvantage. The same determination is exactly what allowed him to close on nineteen units in just ten months of investing.
Nolan didn’t know anything about real estate; he couldn’t even describe what a mortgage was if you asked. But, as he ventured off the basketball court and became a real estate agent, he knew that agent commissions wouldn’t protect him and his family if he got sick again. He needed long-lasting wealth, passive income, and an ability to scale his success.
He started out partnering with a friend on a BRRRR. It went so well, he decided to tackle an off-market deal. Nolan was able to close not only on one off-market deal, but on a fourteen-unit apartment building as well, thanks to his six steps to find “buried gold” in his market.
In This Episode We Cover:
How to accomplish your goals, even if you start at a severe disadvantage
Why passive income sources far outweigh one-time profits
The six steps to finding profitable, undervalued off-market properties
Taking down a fourteen unit apartment building as a rookie
What appraisers look for when going through your property
Discovering your “why” behind investing in real estate
And So Much More!
Links from the Show:
BiggerPockets Podcast 500: Robert Kiyosaki: America’s ‘Rich Dad’ Sees a Real Estate Crash Coming
Duke University's Blue Devils Basketball Team
Brandon Turner BiggerPockets Profile
Check the full show notes here: https://biggerpockets.com/show530
Learn more about your ad choices. Visit megaphone.fm/adchoices