
Episode #1093 Maximize Your Real Estate Investing with a Self-Directed IRA from Equity Trust: https://eqtytrst.co/bp-1031 Episode Show Notes: https://lnk.to/biggerpocketsYT Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Let Us Know What You Thought of the Show! https://www.BiggerPockets.com/Podcastfeedback Grab the BRRRR Book: https://store.biggerpockets.com/products/buy-rehab-rent-refinance-repeat?utm_source=owned_media Sign Up for the BiggerPocket Real Estate Newsletter: https://www.biggerpockets.com/email-subscribe?utm_source=youtube&utm_medium=description&utm_campaign=none Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch BiggerPockets Real Estate 1072 - How to Make More Passive Income with Fewer Rentals (& ACTUALLY Retire Early): https://www.biggerpockets.com/blog/real-estate-1072?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Jon: https://www.biggerpockets.com/users/jsizzle?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Dave: https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none Imagine getting paid to buy rental properties. Well, it’s more than possible, and today’s investor proves it. After spending months looking for the “perfect BRRRR” property, Jon Kessler stumbled upon it and, through a series of fortunate events, got paid $50,000 to buy a cash-flowing rental property. And guess what? This wasn’t a one-time occurrence. Jon repeated this strategy multiple times to build his real estate portfolio with little money and reach financial freedom in just 11 years! So what is the “perfect BRRRR” strategy, and how can you repeat it to get paid at the closing table, just like Jon? Today, Jon is walking us through his decade-long real estate investing journey, starting with being tens of thousands of dollars underwater on his home in 2008 to getting paid to buy rental properties, building an off-market lead business, and eventually getting to his true goal: financial freedom and truly passive income. Jon faced a LOT of ups and downs. He started with zero investing experience, had non-paying tenants, a home with negative equity, and built his real estate portfolio all while working a full-time job and raising kids. Think you can’t invest in real estate in your situation? Jon will prove you couldn’t be more wrong! 00:00 Intro 01:55 "Accidental” Landlord 04:59 Buying His First True Rental 08:05 Finding the BRRRR Method 12:28 Getting Paid to Buy Rentals 18:09 SUPER Underpriced Homes 21:36 Finding Off-Market Deals 25:06 Shifting to “Passive” Income 29:00 100% Passive Investing