Dealing with tenants can be a pain… which is why on today’s show we’re going to go beyond tenants and look at some “no-tenant” methods of investing in real estate.
Specifically, we’re going to talk with real estate investor Ankit Duggal about his journey from real estate agent to syndicator to house flipper to landlord and finally to tax lien investor. Ankit has a great story and offers hundreds of great pieces of advice on this show perfect for both the new investor or someone looking to add some new skills to their investor tool belt!
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- Getting started at a young age
- Transitioning from Agent to Investor
- How Ankit financed his early investments using other people’s money
- Your three circles of influence for raising money
- The three team members you need before syndicating
- Investing with close family members
- What is a tax lien and how (and why) to buy one.
- Earning 18% on your money through Tax Liens
- Why tax liens have almost no risk
- How to do your due diligence on a tax lien
- And lots more!
Books Mentioned in this Show
- The Real Estate Game: The Intelligent Guide To Decisionmaking And Investment by William J. Poorvu
- Built to Sell: Creating a Business That Can Thrive Without You by John Warrillow
Links from the Show:
I’m not “money-driven” – I’m “lifestyle-driven.” (Click to Tweet!)
Educated yourself as an investor. That’s the first step in any investment. (Click to Tweet!)
I don’t believe in ‘get rich quick.’ You gotta put in the time and effort. (Click to Tweet!)
Connect with Ankit
Note By BiggerPockets: These are opinions written by the author and do not necessarily represent the opinions of BiggerPockets.