123: Overcoming an Ugly Past to Become a Cash Flow King with Justin Escajeda - a podcast by BiggerPockets

from 2015-05-21T06:00

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Today’s episode of the BiggerPockets Podcast is different than any other we’ve done, and probably not one to listen to with the kids in the car. Today we’re talking with Justin Escajeda, who overcame a life of crime, drugs, and homelessness to create an impressive real estate business, despite his ugly past. You’ll learn about the process Justin went through to build his empire and discover some unique ideasto help you create additional passive income in your life. Prepare to be shocked, encouraged, and motivated after listening to today’s show.

In This Episode We Cover:

How Justin got started in real estate investing
The hard past he had to overcome
His first screening experience with his duplex
How he landed his first deal, a duplex in a low income neighborhood
How he found his real estate partnership
A discussion on seller financing
The ins and outs of self storage
Some of the downsides of self storage
One tip for a storage unit operator
Justin’s opinion on mobile homes
His plans for the future
And SO much more!

Links from the Show

Books Mentioned in this Show

Rich Dad Poor Dad by Robert Kiyosaki
The Millionaire Next Door by Thomas J. Stanley

Tweetable Topics:

“The more people you network with, the greater your chance to succeed as a real estate investor.” (Tweet This!)
“I try to negotiate with park owners because what’s in their benefit is my benefit too.” (Tweet This!)
“It’s very difficult to do things the correct way, by the book.” (Tweet This!)

Connect with Justin

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