145: Creative Investing in an Expensive Market, Seller Financing, and Buying Foreclosures with Grammy-Nominated Jeremy Jones | Bigger Pockets Podcast

On this episode of The BiggerPockets Podcast, we sit down with an investor who’s also a Grammy-nominated musician! Jeremy Jones has been acquiring rental properties in the Seattle metro area for several years, focusing primarily on multifamily investments and supplying him with a stream of passive income. You’ll love both his tactics and mindset and will walk away from this interview with numerous actionable ideas to help take your business to new heights. Enjoy!
In This Episode We Cover:

A little bit about Jeremy and how he started

How he got into real estate by chance through his music career

How to maximize your income by renting by the room

His first non owner-occupied rental

What you should know about buying foreclosures

The BRRRR Strategy and how to use it

Advice on having a “long term flip“

A discussion about hard money

The importance of having exit strategies in mind ahead of time

The topic of refinancing

How to develop a criteria for purchasing houses

How exactly banks and loans work

REO vs. foreclosure auctions

How Jeremy uses seller financing

Where he buys properties and why he keeps them close to home

How he manages his property and finds great contractors

And SO much more!

Links from the Show

Interested in becoming a guest on the BiggerPockets Podcast? Click Here

Building a Rental Portfolio Through “Long-Term” Flips

RedFin

BiggerPockets Forums

Books Mentioned in this Show

Rich Dad’s CASHFLOW Quadrant by Robert Kiyosaki

The Power of Full Engagement by Jim Loehr

The Law of Success by Paramahansa Yogananda

Tweetable Topics:
“If you have comps in mind, you can increase your confidence.” (Tweet This!)
Connect with Jeremy

Jeremy’s BiggerPockets Profile

Jeremy’s Personal Website

Jeremy’s Airbnb Property

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