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What Are Grant's Proven Strategies for Finding Off-Market Deals?
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Are you ready to break free from the 9-to-5 grind and achieve financial independence through real estate? In this episode of the REI Freedom Podcast, we dive into the inspiring journey of Grant Franke, a self-made entrepreneur who transformed his life by building a $10 million real estate portfolio from scratch.
About Grant Francke
Grant Francke is a successful real estate entrepreneur who built an $10+ million portfolio from humble beginnings. With only a high school education, Francke’s determination and keen eye for investment opportunities allowed him to leave his railroad job to manage his properties full-time. His expertise in finding, financing and managing profitable real estate has established him as a respected figure in the industry. Francke shares his hard-earned insights in The Unlikely Investor to help others achieve financial freedom through real estate.
Key Takeaways
- The Importance of Taking Action: The first step is often the hardest. Grant emphasizes that getting that first deal done is crucial for building confidence and momentum in real estate investing.
- Building Relationships: Grant's success in acquiring off-market deals stems from the relationships he built with sellers, demonstrating the power of networking and rapport.
- Cash Flow is Key: Grant only invests in properties that cash flow from day one, ensuring that he doesn't rely on future appreciation or hope for success.
- Time Freedom Over Financial Freedom: While financial independence is important, Grant highlights that true freedom comes from having control over your time and being present for your family.
- Learning and Adapting: Grant utilized free resources like BiggerPockets to educate himself and later became an advisor in a coaching program, showing the value of continuous learning.
- Managing Properties Efficiently: With a growing portfolio, Grant emphasizes the importance of effective property management and the role of a virtual assistant in streamlining operations.
- Mindset Matters: Understanding your "why" is essential for persevering through challenges in real estate investing, such as dealing with difficult tenants or unexpected repairs.
📈 Connect with Grant Francke
Instagram: https://www.instagram.com/grant.francke/
Get His Book ' The Unlikey Investor on Amazon" : https://www.amazon.com/Unlikely-Investor-Financial-Freedom-Through/dp/B0D5HYXRJT
For those interested in off-market deals, visit https://reifreedom.com/apply/ for a discovery call with Jeremy and the team.
Don’t forget to rate and subscribe to the podcast for more insider tips and strategies in real estate investing!
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