How would you like to know how some smart, savvy millennial real estate investors are changing the way they think about wealth building? Can you imagine being financially free at 30? Well, that is the goal of my guest today.
My guest today is Jonathan Farber, a side hustle investor that lives in Raleigh North Carolina. Jonathan currently has 8 properties which include 2 Airbnb’s at this time some of which he acquired through house hacking. You might be interested to know that his Airbnb’s are doing well today due to their unique location.
If you think you’re too old or too young to begin investing in real estate, think again. That’s one of the things I love about this business. The barriers you often find in corporate America just don’t exist in real estate investing.
Many millennial real estate investors are changing the way they think about wealth building. For them, that change often starts much earlier than previous generations. No matter what stage of business (or life) you happen to be in, I can promise you’re going to have a new perspective by the end of this show.
Here are some of the highlights of this show:
- How this millennial investor got started at 21 years old
- What his first deal looked like
- How Jonathan’s ideal type of property has evolved over time
- What made him rethink his lifestyle soon after finishing college
- Building a portfolio of 8 rental properties by the time he was 26
- Why the location of Jonathan’s Airbnb’s has kept them rented even during a pandemic
- How making learning his focus has changed everything both personally and professionally
- Rental arbitrage: what it is and how it works perfectly for Airbnb’s
- The only 3 things he thinks he should be spending most of his time on
- Why it’s important to make systems and processes one of your top priorities
- The app he uses to analyze deals “on the fly”.
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Jonathan Farber is a 26-year-old side hustle investor and currently living in Raleigh, North Carolina who grew up in Long Island. He spent 3 years in Raleigh working in software before he began investing in real estate as a “side hustle” acquiring single-family rentals. He currently has 8 properties which are a mix of single families houses and one four-unit acquired through the house hacking strategy. Two of the 8 properties are furnished for short term rentals.
Jonathan played golf at Hofstra and still plays competitively. He enjoys personal development and trying/tinkering new things. Jonathan is currently spending time with family and friends when not traveling and exploring the Southeast and Midwest for new Real Estate opportunities.
Be sure to check out his podcast The Millennial Millionaire Through Real Estate Podcast.
You will find some great information in his Facebook group, Millennials Millionaires Through Real Estate so be sure to check that out.
Finally, you can reach out to him on social media here:
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