The Revamp Podcast

From $0 to 50+ Properties at Age 46" with Ray Pestler: Never Too Late to Start!

Drew Farnese Season 1 Episode 53

Discover the inspiring journey of Ray Peslar, a seasoned real estate investor who started his property empire at 46! In this eye-opening episode, Ray shares his experiences, from reading ""Rich Dad Poor Dad"" to building a substantial portfolio of over 50 properties. Learn about:

✅ How Ray got started with just two books and a HELOC
✅ The challenges of managing an 18-unit portfolio purchase
✅ Strategies for tenant screening and property management
✅ Insights on partnering in real estate investments
✅ Tips for finding deals in today's competitive market
✅ The importance of networking and continuous learning

Whether you're a seasoned investor or just starting out, Ray's story proves it's never too late to dive into real estate investing. Gain valuable insights on building wealth through property, overcoming obstacles, and creating a lasting legacy. Don't miss this episode packed with real-world advice and motivation for your own real estate journey!

#RealEstateInvesting #PropertyManagement #FinancialFreedom #WealthBuilding #RentalProperties #InvestorAdvice #RealEstateSuccess 

00:00 🏠 Ray's early real estate journey and motivation

03:25 📚 The Section 8 Bible: A game-changing book

06:04 💰 First property purchase and unexpected surprises

10:01 🤝 Importance of partnership in real estate investing

14:25 🚫 Dealing with squatters in a newly purchased property

18:19 🏢 Transition from W-2 job to full-time real estate

23:59 📊 Analyzing deals and creating spreadsheets for success

30:02 💼 Challenges of growing a real estate portfolio

35:40 🔍 Tenant screening process and background checks

41:09 🏗️ Interest in larger multifamily properties and complexes

45:46 📈 Acquisition strategies and networking for deals

51:44 🔄 Managing an 18-unit portfolio purchase and challenges

57:28 🔮 Future plans and goals in real estate investing

1:04:35 🕰️ Reflections on starting earlier in real estate

1:23:43 🌟 Inspiring others to start their real estate journey 
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