242: How to Live an Incredible Life Now & Achieve Early Retirement with Josh Randall | Bigger Pockets Podcast
Money doesn’t buy happiness – but it can give you the freedom to live a truly extraordinary life, something our guest today can really speak to! We sit down with Josh Randall, an investor from Kentucky with nearly 100 units who also works as a full-time business owner.
You’ll love Josh’s mindset when it comes to buying cars, travel, and more through real estate, as well as his “goal-focused” investing that will get him fully retired by the age of 48 (with $50k a month in cash flow!) Josh is incredibly fun and also highly informative, so don’t miss a second of this show which Brandon calls “one of his top episodes ever!”
In This Episode We Cover:
How Josh got started in real estate through buying a Corvette
Details on his first deal – a mini mall
Selling bath tubs while property was still empty
How many properties Josh currently owns
Juggling business and real estate investing
Facebook Marketing to find deals
The Plumber story
His strategy
His monthly cashflow
The ‘why‘ behind his investing
Making assets pay for the liability
His strategy in finding deals
The types of houses he buys
Adding one more bedroom to a house
What is a knockdown?
Managing a business with 70 employees and real estate investing
The Limo Hummer
And SO much more!
Links from the Show
BiggerPockets Forums
BiggerPockets Youtube Channel
BiggerPockets Facebook Profile
Buy and Hold Real Estate—What Works and What Doesn’t with Tim Shiner
BiggerPockets Webinar
Tenant Cloud
Books Mentioned in this Show
Rich Dad Poor Dad by Robert Kiyosaki
50 Things They Didn’t Teach You in School by Tim Shiner
Playing to Win: Jerry Jones and the Dallas Cowboys by David Magee
Fire Round Questions
Oil tank in basement – should I remove?
Investing/Flipping Manufactured home. Good or bad idea?
Buyer asks for inspection report items to be repaired.
Tweetable Topics:
“Real estate is a piece of cake. I can do it with my eyes closed!” (Tweet This!)
“There’s always a way to add an additional bedroom.” (Tweet This!)
“Not everybody is the same person.” (Tweet This!)
Connect with Josh
Josh’s BiggerPockets Profile
Central City Rentals Facebook Page
Josh’s Company Website
Josh’s Personal Website
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