Real estate doesn’t need to be a full-time business, but it can be a fantastic side hustle! That’s the topic on today’s episode of The BiggerPockets Podcast, where we sit down with Seth Mosley, a musical artist and producer (with several Grammy awards to his name!) who invests in rental properties on the side. Seth has a ton of great tips to share today for anyone looking to buy more real estate but not able to spend 40 hours a week doing it. And be sure to listen for his fascinating strategy on how he used a virtual assistant to help find and analyze deals! This show is packed full with tips, stories, and humor, so don’t miss a moment of it!
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In This Episode We Cover:
- How Seth started as a music producer, with investing as a side hustle
- The tax advantages, appreciation, and other reasons why he chose real estate
- How to know which path to take in real estate investing
- How you can use 1030 exchanges to buy up to 6 units
- His portfolio of 20 doors and where he invests
- How he uses virtual assistants to help him find deals
- Why you should consider starting an investment club
- What you should know about S.I.D.E. H.U.S.T.L.E.
- The importance of focusing on relationships
- Tips for becoming a part-time investor
- What’s next for Seth
- And SO much more!
Links from the Show
- BiggerPockets Forums
- BiggerPockets Events
- E and S Tile Instagram
- Josh’s Instagram Profile
- Brandon’s Instagram Profile
- Newsboys (Band)
- DC Talk (Band)
- BiggerPockets Podcast 157: A Simple Morning Ritual to Help You Dominate Every Area of Your Life with Hal Elrod
- BiggerPockets Author
- Dave Ramsey
Books Mentioned in this Show
- Rich Dad Poor Dad by Robert T. Kiyosaki
- The Checklist Manifesto by Atul Gawande
- The Miracle Morning by Hal Elrod
- The ONE Thing by Jay Papasan and Gary Keller
- “Don’t be too attached just because you lived in it. View it as an investment.” (Tweet This!)
- “If there’s no door, then just build one.” (Tweet This!)
- “Just get started and get fancy later.” (Tweet This!)
- “Don’t look for the cheapest property manager. Look for the best one. Hire slow and fire fast.” (Tweet This!)