How Eric and Theresa Got Into Apartment Investing to Build Lifestyle Freedom, Ep. 7

There is a lot of talk these days about multifamily apartment investing. Eric and Theresa don't typically do that kind of real estate investing but they came across an opportunity they couldn't say "no" to. They recently bought and sold a 10 unit apartment building for a profit. It provided a good deal of cash flow on a temporary basis and a good profit when they decided to sell the property. On this episode of Sage Flipping Secrets, you're going to hear the quick and dirty story of how they did it. It's worth your time, we promise. Here is exactly how Eric and Theresa closed the deal on a 10 unit apartment building. If you haven't purchased an apartment building it may be a mystery to you how you'd even go about finding one to purchase - or how you'd determine if it was a good deal. That's one of the reasons Eric and Theresa have recorded this quick episode. They want to tell you the story of how they found, purchased, and then flipped an apartment building for a healthy profit. The story involves direct mail, following the advice of a property manager, and then marketing the property to their already-established mailing list. Curious yet? You should be, this is a great story. If you're going to invest in real estate, diversification is a great bad habit to get into. When you hear the word "diversification," what do you think of? It's a word used a lot when it comes to a stock or investment portfolio, and the idea applies to investing in real estate as well. The concept is simple: You don't want all your money to be invested in one thing or one type of thing. That's risky because if that one thing goes down the tubes due to an economic condition beyond your control, you lose everything. In this episode, Eric and Theresa tell you how and why they decided to purchase a 10 unit apartment building even though their bread and butter is in fix and flip properties. It's an example of diversification that you can learn a lot from, so do yourself the favor of listening. Real estate investing offers lifestyle freedom in some super cool ways. In the online space these days there's a lot of talk about "lifestyle freedom." It's the idea of creating sources of income that fund the kind of life you want to live. For Eric and Theresa Sage that means taking trips now and then. Eric and Theresa recorded this episode of the podcast from California, where they had gone to celebrate their anniversary. They make the point that real estate investing enables them to do this kind of thing from time to time because it allows them to build a business that supports that kind of lifestyle. If that's of interest to you, then you need to do two things: First, listen to this episode where Eric and Theresa tell you how apartment investing enabled them to go on their anniversary trip, and second, sign up for their next free webinar. Listen to this episode to find out about the next webinar and get started on your own journey toward lifestyle freedom. Outline of This Episode [0:38] Eric and Theresa just purchased a 10 unit apartment building, Sweet! [1:14] One of the benefits of building lifestyle freedom through real estate. [2:10] How Eric and Theresa got the deal - through a mailing piece they sent out. [4:14] The decision to sell the property: and the deal they were able to put together. [5:02] How diversification is powerful in a real estate business. [5:34] How you can get in on the upcoming webinar and how you can get the $4.7 trillion secret. Connect With Sage Flipping Secrets

You can listen to How Eric and Theresa Got Into Apartment Investing to Build Lifestyle Freedom, Ep. 7 online on Radio and Podcast. Open the player on this page to stream the available audio.

How Eric and Theresa Got Into Apartment Investing to Build Lifestyle Freedom, Ep. 7 is an episode from Sage Flipping Secrets - real estate flipping, investing, and proven cash flow with Eric and Theresa Sage by Eric and Theresa Sage.

This episode is 08:11 long.

This episode was published on Oct 2, 2017.

Yes. Use the heart button on the episode page to add it to your favorite episodes list.

Yes. This page shows related episodes from Sage Flipping Secrets - real estate flipping, investing, and proven cash flow with Eric and Theresa Sage when more episodes are available from the podcast feed.