#52 with Slocomb Reed: Househacking to Holding Over 40 Units

Description

In this episode, Jonathan Farber interviews Slocomb Reed on his path from house hacking his first quadplex to holding over 40 units either himself or in partnerships. Slocomb is a Realtor and buys and hold investor based in Cincinnati, Ohio. In this episode, we dive into topics like building your real estate team, finding the path of progress, scaling your operation, and more!

Top Takeaways:

How to build your real estate team from the ground up - 14:30 - 18:15

The best place to start is where the experienced investors are
Platforms like BiggerPockets are perfect for connecting people specifically in real estate
The people that can help you the most are likely very busy already
If you’re asking for value, remember to bring value first

How to locate the path of progress - 30:30 - 34:30

Find the people who are keeping track of your city
They’ve already done all the work to figure out which areas are growing
The hottest areas are usually surrounded by the fastest growth

How to scale past your first couple deals - 35:15 - 44:00

If you can identify what your strengths are, you can start to find partners who complement you
A partnership that has strengths in many areas is much more powerful
The more value you can add, the more value you can receive

How to bring value to Slocomb Reed: