Join Mike Cavaggioni with Kyle Root on the 205th episode of the Average Joe Finances Podcast. Kyle shares his secrets to scaling his portfolio from 0 to 70 units in just 2 years, all without the help of joint ventures or syndications.
In this episode, you’ll learn:
• Potent strategies for real estate investing that promote steady portfolio expansion and healthy cash influx.
• Shifting your mental framework towards successfully tackling challenges faced in real estate investing.
• Impacts of employing technology and efficient procedures on enhancing real estate enterprise operations.
• Importance of continuous learning, guidance, and personal growth in paving a path to real estate success.
• And much more!
Key moments:
00:01:22 - Kyle's Background
00:04:08 - Transition to Real Estate
00:06:25 - House Hacking and BRRRR Strategy
00:08:32 - Scaling with Hard Money
00:10:34 - Adapting and Improving
00:11:05 - Limited Traditional Financing,
00:12:15 - Kyle's Creative Financing Strategy
00:13:44 - Taking Action in Real Estate
00:16:21 - Kyle's Team Structure
00:18:09 - Dealing with Permitting Challenges
00:20:29 - Overcoming Obstacles and Shifting Mindset
00:25:21 - Overcoming Challenges and Finding Motivation
00:27:10 - The Power of Failure
00:27:55 - The Importance of Property Managers
00:29:16 - Building Custom Software for Tracking
00:37:42 - The Importance of Doing the Right Thing
00:41:06 - The Value of Hard Work and Persistence,
About Kyle Root:
Kyle started buying real estate in 2020. He was able to go from 0-70 units in 2 years without using any type of syndication or joint ventures. At 26 he left his W2 job. Now, at 28, he continues to scale his real estate business and coach others to do the same with little money into it. His goal is to help others understand their full potential. This can be accomplished through many different ventures. For Kyle, it was real estate investing. While Kyle does enjoy talking about real estate most of all he enjoys talking about the importance of daily habits, discipline, overcoming obstacles, and building a life worth living!!
Find Kyle on:
Website: https://kylejroot.com/
Instagram: https://instagram.com/kj_root
TikTok: https://tiktok.com/@kj_root
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