170: The Journey From Flipping Houses to Owning 1,470 Units with Andrew Cushman

On this inspiring episode of the BiggerPockets Podcast, we sit down with real estate entrepreneur Andrew Cushman to learn how he went from a full-time job as a chemical engineer to a house flipper and finally a real estate syndicator, buying over 1400 units in less than a decade. You’ll learn how Andrew finds deals, manages the rehabs on a large scale, raises money for large apartment purchases, and more. Don’t miss a moment of this powerful show! In This Episode We Cover:How Andrew started as a chemical engineer — then got into investingWhy he trusted his mentor from the outsetHow many flips he has done so farTips for scaling from 0 to 24 flips in 5 yearsThe details of his first flipA discussion on buying pre-foreclosure propertiesThe story of making 4,575 phone calls before getting his first dealThe importance of believing in yourself and believing in the systemHow Andrew has flipped 24 properties and 1,470 apartmentsHow he made money on the first flipHow to scale by building a systemHow to find pre-foreclosed dealsThe best flip he’s ever completedTips on weird housesHis first apartment dealWhy he doesn’t recommend a heavily distressed dealThe difference between single family and multifamily propertiesHow to become a “sophisticated investor“How he find apartment dealsAnd SO much more!Links from the ShowWebby AwardsBloombergDowJonesHarvardBusinessWiredForbesCNN MoneyBiggerPockets CalculatorsForeclosure.comPropertyRadarRealtytracHow to Buy a Foreclosure : The Comprehensive Guide to Buying a Foreclosed HomeGeneral Foreclosure & Pre-Foreclosure ForumsBRRRR StrategyGoBundanceBP Podcast 157: A Simple Morning Ritual to Help You Dominate Every Area of Your Life with Hal ElrodBP Podcast 166: How Modeling Greatness Can Get You To 100+ Deals with Matt AitchisonBP Podcast 169: Using Hustle and Persistence to Build Wealth Through Real Estate with David Greene1 Life Fully Lived OrganizationSlackBooks Mentioned in this ShowRich Dad Poor Dad by Robert T. KiyosakiThe One Thing by Gary Keller and Jay PapasanThe E-Myth Revisited by Michael E. GerberEmerging Real Estate Markets by David LindahlMulti-Family Millions by David LindahlStart with NO by Jim CampTweetable Topics:“This system will work so I’m going to make it work.” (Tweet This!)Connect with AndrewAndrew’s BiggerPockets ProfileAndrew’s Website

Episode 170 of the BiggerPockets Real Estate Podcast podcast, hosted by BiggerPockets, titled "170: The Journey From Flipping Houses to Owning 1,470 Units with Andrew Cushman" was published on April 14, 2016 and runs 68 minutes.

April 14, 2016 ·68m · BiggerPockets Real Estate Podcast

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Summary

On this inspiring episode of the BiggerPockets Podcast, we sit down with real estate entrepreneur Andrew Cushman to learn how he went from a full-time job as a chemical engineer to a house flipper and finally a real estate syndicator, buying over 1400 units in less than a decade. You’ll learn how Andrew finds deals, manages the rehabs on a large scale, raises money for large apartment purchases, and more. Don’t miss a moment of this powerful show! In This Episode We Cover: How Andrew started as a chemical engineer — then got into investing Why he trusted his mentor from the outset How many flips he has done so far Tips for scaling from 0 to 24 flips in 5 years The details of his first flip A discussion on buying pre-foreclosure properties The story of making 4,575 phone calls before getting his first deal The importance of believing in yourself and believing in the system How Andrew has flipped 24 properties and 1,470 apartments How he made money on the first flip How to scale by building a system How to find pre-foreclosed deals The best flip he’s ever completed Tips on weird houses His first apartment deal Why he doesn’t recommend a heavily distressed deal The difference between single family and multifamily properties How to become a “sophisticated investor“ How he find apartment deals And SO much more! Links from the Show Webby Awards Bloomberg DowJones HarvardBusiness Wired Forbes CNN Money BiggerPockets Calculators Foreclosure.com PropertyRadar Realtytrac How to Buy a Foreclosure : The Comprehensive Guide to Buying a Foreclosed Home General Foreclosure & Pre-Foreclosure Forums BRRRR Strategy GoBundance BP Podcast 157: A Simple Morning Ritual to Help You Dominate Every Area of Your Life with Hal Elrod BP Podcast 166: How Modeling Greatness Can Get You To 100+ Deals with Matt Aitchison BP Podcast 169: Using Hustle and Persistence to Build Wealth Through Real Estate with David Greene 1 Life Fully Lived Organization Slack Books Mentioned in this Show Rich Dad Poor Dad by Robert T. Kiyosaki The One Thing by Gary Keller and Jay Papasan The E-Myth Revisited by Michael E. Gerber Emerging Real Estate Markets by David Lindahl Multi-Family Millions by David Lindahl Start with NO by Jim Camp Tweetable Topics: “This system will work so I’m going to make it work.” (Tweet This!) Connect with Andrew Andrew’s BiggerPockets Profile Andrew’s Website Learn more about your ad choices. Visit megaphone.fm/adchoices

Episode Description

On this inspiring episode of the BiggerPockets Podcast, we sit down with real estate entrepreneur Andrew Cushman to learn how he went from a full-time job as a chemical engineer to a house flipper and finally a real estate syndicator, buying over 1400 units in less than a decade. You’ll learn how Andrew finds deals, manages the rehabs on a large scale, raises money for large apartment purchases, and more. Don’t miss a moment of this powerful show! In This Episode We Cover: How Andrew started as a chemical engineer — then got into investing Why he trusted his mentor from the outset How many flips he has done so far Tips for scaling from 0 to 24 flips in 5 years The details of his first flip A discussion on buying pre-foreclosure properties The story of making 4,575 phone calls before getting his first deal The importance of believing in yourself and believing in the system How Andrew has flipped 24 properties and 1,470 apartments How he made money on the first flip How to scale by building a system How to find pre-foreclosed deals The best flip he’s ever completed Tips on weird houses His first apartment deal Why he doesn’t recommend a heavily distressed deal The difference between single family and multifamily properties How to become a “sophisticated investor“ How he find apartment deals And SO much more! Links from the Show Webby Awards Bloomberg DowJones HarvardBusiness Wired Forbes CNN Money BiggerPockets Calculators Foreclosure.com PropertyRadar Realtytrac How to Buy a Foreclosure : The Comprehensive Guide to Buying a Foreclosed Home General Foreclosure & Pre-Foreclosure Forums BRRRR Strategy GoBundance BP Podcast 157: A Simple Morning Ritual to Help You Dominate Every Area of Your Life with Hal Elrod BP Podcast 166: How Modeling Greatness Can Get You To 100+ Deals with Matt Aitchison BP Podcast 169: Using Hustle and Persistence to Build Wealth Through Real Estate with David Greene 1 Life Fully Lived Organization Slack Books Mentioned in this Show Rich Dad Poor Dad by Robert T. Kiyosaki The One Thing by Gary Keller and Jay Papasan The E-Myth Revisited by Michael E. Gerber Emerging Real Estate Markets by David Lindahl Multi-Family Millions by David Lindahl Start with NO by Jim Camp Tweetable Topics: “This system will work so I’m going to make it work.” (Tweet This!) Connect with Andrew Andrew’s BiggerPockets Profile Andrew’s Website Learn more about your ad choices. Visit megaphone.fm/adchoices