Dec 28th, 2018
Will and Veronica Pritchett are truly a power couple! Will is a Firefighter, and Veronica quit her job as the assistant principal of a high-school to work full-time on their real estate business! They started with a simple rental, and are now avid users of the BRRRR strategy (Buy, Rehab, Rent, Refinance, Repeat). They have gotten so good at this that they have private lenders lined up to invest with them. This allows them to purchase the property with ZERO money out of their own pocket!
Their advice to an 18/20-year-old is: start with saving. Dave Ramsey has some good information on this, but understand that delayed gratification pays off. Take on roommates if applicable, and cut your expenses as much as possible!
They also provide some great insight to introducing yourself to the neighbors, when acquiring a new property. Also, they have some great processes for getting their tenants to treat the property as their home, not as just a rental!
the resource they recommend is BiggerPockets link below to check out the community. https://www.frommilitarytomillionaire.com/we-recommend-BP-Pro/
Their big idea/parting advice is: find a real estate investor, not just a realtor. Real estate investing is work...but anything worth doing is. Also, think of any money you lose in the process as "tuition" we don't have issues paying tuition for school...but when we lose a little money in real estate we freak out. Think "its just tuition!"
You can reach out to them at https://www.homeagainSA.com/ or check out their group on Facebook: Home Again Properties
Join me in the BiggerPockets Pro community! https://www.frommilitarytomillionaire.com/we-recommend-BP-Pro/
Books I recommend
First read: https://amzn.to/2KcTEww
Real Estate Investing: https://amzn.to/2ltPRNm
Real Estate Investing: https://amzn.to/2yxFBNf
Real Estate Investing: https://amzn.to/2IhQ1QI
Building Wealth: https://amzn.to/2ttiwpf