Building to $15k In Multifamily Passive Income with Anton Ivanov

Published: Sept. 11, 2023, 7 a.m.

Have you ever wondered how someone scales from a simple house hack duplex to 40 units, raking in an astonishing 15K monthly in passive income?\xa0\n\xa0\nIn this episode, Taylor welcomes Anton Ivanov \u2013 a tenacious real estate investor who did just that in a decade. From personalizing direct mailers to venturing into out-of-state turnkey properties to the power of local market analysis, Anton demystifies the journey to financial freedom in real estate. It's not a 'get rich quick' gig \u2013 it's about the grind, the dedication, and always being ready to learn.\xa0\n\xa0\nDive into this episode to discover how a mix of grit, strategy, and consistent effort led Anton to build a thriving real estate empire.\xa0\n\xa0\n[00:00 - 10:02] Building a Successful Real Estate Portfolio with Turnkey Investing\nIntroducing Anton to the show\nAnalyze the market, neighborhood, property, and vendor before buying\nTurnkey properties can be a good acquisition strategy but may not provide the best discount\n\xa0\n[10:03 - 24:47] Success in Real Estate Through Personal Connections and Direct Mail\nInvesting in markets with reasonable price and rent appreciation over time can lead to higher ROI\nAnton looked at off-market deals, including through personal connections and direct mail\nThe real estate market was heating up in the 2017-2019 timeframe\nAnton used a template to write personalized letters to property owners with their name, photo of the property, and offer terms\n\xa0\n[24:46 - 28:46] $15,000 a Month in Passive Income\nReal estate is not a get-rich-quick scheme\nFinancial independence requires consistent effort and learning from mistakes\n\xa0\n[28:47 - 34:45] Closing Segment\nBest investment: two property tech companies, Deal Check and Rent Cast\nWorst investment: spending time and energy with people who don't add value to life\nThe most important lesson: not be afraid to start small\n\nQuotes:\n\xa0\n"Turnkey is just another acquisition strategy if you approach it correctly." - Anton Ivanov\n\xa0\n"Don't be discouraged, and don't be put off by people doing private sales. The more you network, the more you'll be in the right place in their mind." - Anton Ivanov\n\xa0\n"Don't be afraid to start small." - Anton Ivanov\n\nConnect with Anton!\nwww.DealCheck.io\nwww.RentCast.io\xa0\n\nInvest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/\n\xa0\nTrack your rental property's finances with Stessa. Go to www.escapingwallstreet.com.\n\xa0\nJoin our Passive Investor Club to access passive commercial real estate investment opportunities.\n\xa0\nLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or clicking here to listen to our previous episodes.