How to Buy 5 Properties in 30 Days | Ep 145

Today, we sit down with Ben Hubbert, a real estate investor based in San Jose, California. He recently bought five properties in just 30 days, bringing the total number of doors in his portfolio to 11—a number he plans to double a year from now!

However, his success in the real estate game was far from overnight. Ben started investing out-of-state in Alabama and Texas before recently investing in St. Louis, Missouri. This incentivized him to put together a solid system and team to scale his business efficiently.

In this episode, Ben shares how he used social media to attract private money lenders as a relatively new investor, buying five properties in 30 days while working a full-time job, and his inspiring initiative to aid domestic violence victims with real estate.

Highlights
1) You need to get clear on the type of investor you want to be as early as possible, depending on your comfort level, business goals, and priorities outside of real estate.

2) Ben’s go-to resources for sourcing team members are Facebook Groups, REIAs, and BiggerPockets. From those platforms, he finds professionals with great track records based on the experiences that others have had working with them.

3) It’s a myth that the best deals are always off-market. It doesn’t really matter how you find your deals as long as you have two things: equity and motivation.

How to find him
Instagram - @benhubbert

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Timestamps

1:36 - How Ben bought five properties in 30 days

5:55 - Why Ben decided to invest out-of-state

10:48 - Defining the “BRRRR method” and “ARV”

11:37 - Hard money versus private money lenders

13:30 - The importance of knowing the type of investor you want to be

16:52 - Ben’s criteria for his properties

18:23 - Buying five properties in 30 days while working a full-time job

21:32 - Finding a property manager you can trust

25:59 - Why you should consider using small banks as an investor

28:25 - Defining the “seasoning period” when using a bank

30:19 - How to determine whether you found the right bank

32:17 - Ben’s plans in St. Louis for the near future

34:24 - What goes into a rehab in St. Louis

37:12 - Why Ben only buys single-family homes

38:41 - Ben’s initiative to offer mid-to-long-term rentals to domestic violence survivors

41:39 - Ben on his Oakland duplex

44:41 - Finding great deals on the MLS

48:33 - Getting a private money lender

51:15 - What the future holds for Ben

53:48 - Differences between A, B, C, and D-class neighborhoods


Did you miss our previous article...
https://trendinginrealestate.com/where-to-buy/how-to-determine-where-to-invest-in-real-estate-red-states