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This episode with Tim K. White was great! Tim started investing by buying a foreclosed home as his primary residence and renting out one of the rooms on Air Bnb. From there, he purchased his childhood home in Mississippi and now has 18 doors in two states.

In this episode, we discuss how one of his Air Bnb guests became his private lender who financed several of his deals. He also met someone on Bigger Pockets who funded more deals. We also talk about why he intentionally buys homes on the same blocks, his long-term rentals, and the Air Bnb niche he discovered in his market. Lastly, we discuss the rapid growth of the Huntsville, Alabama market.

How you can find him

IG- @keansway @keanswayproperties

Recommended Books

Proverbs, Rich Dad, Poor Dad, Cashflow Quadrant, Outwitting the Devil, Think and Grow Rich

Highlights

Financing Strategies to Explore- 401k Loan, Home Equity Line of Credit, Owner Financing, BRRRR, Private Lending.

Air Bnb- Treat it like a regular rental. If you can beat the prices for local hotels, it can be lucrative to house professionals who will be in town for 30+ days.

When you buy homes on the same block or in the same neighborhood, you can control the neighborhood. You can also force appreciation in that area.

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Ep 12- Buying Blocks in Alabama & Mississippi 01:11:10 Share

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Ep 12- Buying Blocks in Alabama & Mississippi