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From $600k in Debt to 108 Single Family Rentals with Linda McKissack

The BiggerPockets Podcast
2 min read
From $600k in Debt to 108 Single Family Rentals with Linda McKissack

On today’s episode of the BiggerPockets Podcast, we are excited to bring you an interview with a prolific investor (and author of one of the world’s biggest real estate books, HOLD: How to Find, Buy, and Rent Houses for Wealth), Linda McKissack! Linda currently owns 108 single family homes — but she didn’t start out that way. Learn how Linda discovered the power that real estate can have on a lifestyle and the mindset needed to make your dreams a reality. This show will blow you away with Linda’s honesty, integrity, and story of excellence. Don’t miss a second of it!

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This Show Sponsored By

We just waRealtySharesnted to give a shout out to our podcast sponsor on today’s show: RealtyShares. RealtyShares is a crowdfunding platform that allows you to invest in professionally managed properties without leaving your living room!

Learn more by visiting RealtyShares.com/biggerpockets!

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In This Episode We Cover:

  • BiggerPockets Podcast ArtworkWho Linda is and how she started investing with huge debt
  • The size of her portfolio
  • Why she dropped out of college to become an entrepreneur
  • How she bought property without money or good credit
  • A look at financing back in the ’80s
  • How to recession-proof your life
  • A discussion on speculation vs. investing
  • How every market is different
  • What her freedom number is
  • How to get deals by helping others build wealth
  • Partnerships and whether newbies should seek them out
  • Why freedom means having options
  • The importance of taking the next step and avoiding analysis paralysis
  • Linda’s formula for finding good deals
  • How to figure out the best criteria for you
  • What keeps her continuing to invest despite reaching her goals
  • Tips for forming a team
  • And SO much more!

Links from the Show

Books Mentioned in this Show

Tweetable Topics:

  • “If you do the right activities, the money shows up.” (Tweet This!)
  • “The more money you make, the more options you have and the more good things you can do.” (Tweet This!)

Connect with Linda

Note By BiggerPockets: These are opinions written by the author and do not necessarily represent the opinions of BiggerPockets.