124 - Brian Hamrick from the Rental Property Owners Association

YouTube Link: https://youtu.be/-ENcRI2LhuA? sub_confirmation 1Article Link: Text “simple” to 314-665-1767 to download the Hui Google Drive files and the 2018 Rental Property Analyzer For a free electronic version of my bestselling book in 12+ categories text the word "ebook" to 587-317-6099. Please help the show by leaving a review: http://getpodcast.reviews/id/1118795347 Join the Hui Deal Pipeline Club! SimplePassiveCashflow.com/club Pardon the grammar - I'm an Engeneer, Enginere, Engenere... I'm good with math! ________Here are the Show Notes________Brian Hamrick is from Rental Property Owners Association (RPOA) and runs Rental Property Owner and Real Estate Investor Podcast.Currently owns 380 units, which cash flow makes 50% of W2 job salary.Paydays not only about cash flow. Cash out refi and syndication benefits once and twice a year exceed W2 job salary.Was sitting on cash waiting for next downturn. However, in past year, became a silent investor in commercial property, a NPN, and a self-storage facility.Expects rents to plateau in future, but not to 2008 levels.Started off investing in high-load tech funds, but bubble burst in early 2000's and stocks tanked.Rich Dad, Poor Dad inspired Brian to begin investing in real estate and obtain more control. California is cash-flow negative market, so looked at positive cash-flowing out-of-state markets.Transitioned to multi-family investing in 2008 for better scalability and profitability. As passive investor, focusing on leveraging partners' strengths for new passive investments.Down the road, looking at developing the "missing middle" properties (small MFH 2-10 units). Visit www.higinvestor.com to get in touch with Brian. Hosted on Acast. See acast.com/privacy for more information.