267: From Professional Soccer Player to Rental Property Investor with Nat Borchers | Bigger Pockets Podcast
How does a world-class soccer star set himself up for a lifetime of financial freedom? Rental properties! That’s the story on today’s episode of The BiggerPockets Podcast, where we sit down with Nat “The Beard” Borchersto learn how he built a sizable portfolio of rental properties while traveling the country (and the world!) as a professional athlete. Nat shares his humble “hammer-swinging” beginnings, as well as the systems that today allow him to live a life of freedom while others manage his units. Don’t miss a moment of this powerful and hilarious episode!
In This Episode We Cover:
Nat’s background as a professional soccer player and his first deal
His current number of properties
What exactly a 1031 exchange is
Expert tips for finding deals
How to use social networking to your advantage
Specifics on a recent deal
How he found great prices just an hour and a half from his area
How to increase the rent
Commercial loans vs. traditional loans
Sub-metering a property
The story behind why he hires property managers
His 28-house portfolio deal
And SO much more!
Links from the Show
BiggerPockets Forums
BiggerPockets Money Show
BiggerPockets Events
BiggerPockets 1031 Exchange Guide
The 1031 Exchange Ultimate Guide for Real Estate Investors (blog)
BiggerPockets Landlord Forms
True Submeter
BiggerPockets Podcast 131: Investing in Multifamily Properties in a HOT Real Estate Market with Serge Shukhat
AppFolio
Mindy’s Twitter Profile
Mindy’s Instagram
Brandon’s Twitter Profile
Brandon’s Instagram
Books Mentioned in this Show
How to Work a Room by Susan RoAne
How to Win Friends & Influence People by Dale Carnegie
Built to Last by Jim Collins
The Book on Tax Strategies for the Savvy Real Estate Investor by Amanda Han and Matt MacFarland
Defensive Real Estate Investing by William Bronchick
The Compound Effect by Darren Hardy
The Lifeonaire by Steve Cook
Fire Round Questions
What questions to ask when choosing a Property Management Company
Someone who makes you very uneasy!
Tenant is subletting on AirBnb, what should I do?
Whats YOUR Metrics for Buy and Hold investments?
Multi-Family Purchase Inspection
Tweetable Topics:
“Today, you don’t find good deals. You make good deals.” (Tweet This!)
“Nothing ventured, nothing gained.” (Tweet This!)
Connect with Nat
Nat’s Personal Website
Nat’s Twitter Profile
Nat’s Instagram Profile
Nat’s Facebook Page
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