How Millennial Real Estate Investors are Changing the way They Think About Wealth Building

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Let's Talk Real Estate Investing with Sharon Vornholt

Business


How would you like to know how some smart, savvy millennial real estate investors are changing the way they think about wealth building?  Can you imagine being financially free at 30? Well, that is the goal of my guest today.  My guest today is Jonathan Farber, a side hustle investor that lives in Raleigh North Carolina.  Jonathan currently has 8 properties which include 2 Airbnb’s at this time some of which he acquired through house hacking. You might be interested to know that his Airbnb’s are doing well today due to their unique location. If you think you’re too old or too young to begin investing in real estate, think again.  That’s one of the things I love about this business.  The barriers you often find in corporate America just don’t exist in real estate investing.    Show Notes Many millennial real estate investors are changing the way they think about wealth building. For them, that change often starts much earlier than previous generations.  No matter what stage of business (or life) you happen to be in, I can promise you’re going to have a new perspective by the end of this show.   Here are some of the highlights of this show: How this millennial investor got started at 21 years old What his first deal looked like How Jonathan’s ideal type of property has evolved over time What made him rethink his lifestyle soon after finishing college Building a portfolio of 8 rental properties by the time he was 26 Why the location of Jonathan’s Airbnb’s has kept them rented even during a pandemic How making learning his focus has changed everything both personally and professionally Rental arbitrage: what it is and how it works perfectly for Airbnb’s The only 3 things he thinks he should be spending most of his time on Why it’s important to make systems and processes one of your top priorities Outsourcing The app he uses to analyze deals “on the fly”.   Be sure to stop by the Louisville Gal’s Real Estate Blog and pick up your freebies!       .