Everyone knows rental properties can be a great way to build wealth — but they also generally come with significant hassle and stress. However, today on the BiggerPockets Podcast we sit down and talk with Glenn McCrorey, an investor who discovered a unique and powerful real estate niche that makes his landlording almost completely hassle-free!
Learn insight on renting to family and friends, tips on how NOT to waste your time worrying about your rentals, and ways to lessen the inconveniences that come with managing property. If you value your time but still want to invest in rentals — then don’t miss out on this unique episode!
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This Show Sponsored By
We just wanted 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!
In This Episode We Cover:
- How Glenn got started on his first property
- What you need to know about renting to family and friends
- The ins and outs of special assessments
- Insight on the condo experience
- Reasons why Glenn and Brandon hold properties that aren’t earning
- What the “hassle factor” is and how you can manage it
- The secrets behind owning worry-free rentals
- How to “live the dream” as a landlord
- And SO much more!
Links from the Show:
- Trivia Email
- BiggerPocket’s The Book on Investing in Real Estate with No (and Low) Money Down
- REO Wells Fargo
- BiggerPockets’ List of REOs
- BiggerPockets’ Forums: What kind of car do you drive?
- BiggerPockets’ Podcast Show 109
- BiggerPockets’ Webinar
Books Mentioned in this Show
- Rich Dad Poor Dad by Robert Kiyosaki
- How I Turned $1,000 into Five Million in Real Estate in My Spare Time by William Nickerson
- The Goal: A Process of Ongoing Improvement by Eliyahu M. Goldratt
- “Even if you invest with creative measures, you should need to have some sort of reserve.” Share on Twitter