Jay Helms is a real estate investor and host of the W2 Capitalist Real Estate Podcast and popular Facebook Group. He’s built a 300 unit portfolio across 5 states as a side hustle while working a full-time job. His motto is Earn. Invest. Repeat.
Jay and his wife got into real estate investing during a chaotic corporate merger. Now, he’s passionate about helping other W2 earners build greater wealth through real estate investing.
What You’ll Learn In Today’s Episode:
- Buying right is crucial to your investment. While financing and managing are also important, mistakes in those areas can be corrected. You can’t change the price you pay for a property.
- Jay developed his real estate portfolio to supplement his W-2 income due to uncertainty in the workplace. Having just lost his job due to coronavirus, the lesson here is poignant. Having a portfolio of cash flowing assets can help you survive during tough times and thrive in tough times.
- As a passive investor, it’s can be tough to let go of control. We’ve said it before and we’ll likely say it again, you need to vet your sponsors and their deals thoroughly before investing, and you need to keep your finger on the pulse of the project.
Ideas Worth Sharing:
“The markets at a tipping point.” – Jay Helms
“Between now and December, I’m really just stacking up dominoes and waiting for them to fall.” – Jay Helms
“Usually the path to success is where you don’t want to go…run towards pain.” – Jay Helms
Resources In Today’s Episode:
Books Mentioned In Today’s Podcast
- The Twelve Week Year by Brian Moran
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