BP Podcast 153: From $600k in Debt to 108 Single Family Rentals with Linda McKissack

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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!

Fire Round Sponsor

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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

About Author

Thanks for checking out the BiggerPockets Real Estate Investing & Wealth Building Podcast. Hosts Joshua Dorkin & Brandon Turner strive to bring top-notch educational content and interviews to our listeners -- without the non-stop pitch prevalent around the industry. With over 80,000 listeners per show, the BiggerPockets Podcast has become the biggest real estate podcast in the world. But don’t take our word for it. We’re the top-rated and reviewed real estate show on iTunes — check it out, read the reviews on iTunes, and get busy listening and learning!

15 Comments

  1. Karla Gonsalves

    Linda! I’d love to watch your webinars and the videos you make for your employees, I wish u could work for you! As soon as I can take some time off of work I’m getting my real estate license. What a great interview, I hope I can find a nurturing company like yours I can work in to learn learn learn!

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