Summary
Garrett Reuter shares his journey in real estate investing, focusing on multifamily properties and ADU (Accessory Dwelling Unit) development. He emphasizes the importance of acquiring cash flow to have the freedom of time. Garrett provides advice for young investors, including getting a high-paying job, saving money, and networking with real estate professionals. He also discusses the challenges of property management and the need to delegate tasks as the business grows. Garrett's long-term vision is to build wealth and create a balanced life that includes spending time with family.
Takeaways
Acquire enough cash flow to have the freedom of time
Get a high-paying job and save money to invest
Network with real estate professionals and show enthusiasm
Delegate tasks as the business grows
Focus on building wealth and creating a balanced life
Sound Bites
"You can't buy time. Time passes us."
"The first multifamily deal is the toughest."
"If you're fresh out of college, you can get a sales job and make a lot of money."
Chapters
00:00 Introduction and Goal of Time Freedom
04:10 Getting Started in Real Estate
06:02 ADU Development and Process
09:04 Expanding into North Park
11:21 Long-Term Vision and Keeping Properties
14:39 Building a Brand and Social Media Presence
20:45 Exploring Other Real Estate Markets
23:56 Property Management and Delegating Tasks
28:30 Future Plans and Development Projects
34:19 Advice for Young Investors
39:48 Conclusion and Where to Find Garrett Ruter
