267: From Professional Soccer Player to Rental Property Investor with Nat Borchers

How does a world-class soccer star set himself up for a lifetime of financial freedom? Rental properties! That’s the story on today’s episode of The BiggerPockets Podcast, where we sit down with Nat “The Beard” Borchersto learn how he built a sizable portfolio of rental properties while traveling the country (and the world!) as a professional athlete. Nat shares his humble “hammer-swinging” beginnings, as well as the systems that today allow him to live a life of freedom while others manage his units. Don’t miss a moment of this powerful and hilarious episode!  

In This Episode We Cover:

• Nat’s background as a professional soccer player and his first deal
• His current number of properties
• What exactly a 1031 exchange is
• Expert tips for finding deals
• How to use social networking to your advantage
• Specifics on a recent deal
• How he found great prices just an hour and a half from his area
• How to increase the rent
• Commercial loans vs. traditional loans
• Sub-metering a property
• The story behind why he hires property managers
• His 28-house portfolio deal
• And SO much more!

Links from the Show

• BiggerPockets Forums
• BiggerPockets Money Show
• BiggerPockets Events
• BiggerPockets 1031 Exchange Guide
• The 1031 Exchange Ultimate Guide for Real Estate Investors (blog)
• BiggerPockets Landlord Forms
• True Submeter
• BiggerPockets Podcast 131: Investing in Multifamily Properties in a HOT Real Estate Market with Serge Shukhat
• AppFolio
• Mindy’s Twitter Profile
• Mindy’s Instagram
• Brandon’s Twitter Profile
• Brandon’s Instagram

Books Mentioned in this Show

• How to Work a Room by Susan RoAne
• How to Win Friends & Influence People by Dale Carnegie
• Built to Last by Jim Collins
• The Book on Tax Strategies for the Savvy Real Estate Investor by Amanda Han and Matt MacFarland
• Defensive Real Estate Investing by William Bronchick
• The Compound Effect by Darren Hardy
• The Lifeonaire by Steve Cook

Fire Round Questions

• What questions to ask when choosing a Property Management Company
• Someone who makes you very uneasy!
• Tenant is subletting on AirBnb, what should I do?
• Whats YOUR Metrics for Buy and Hold investments?
• Multi-Family Purchase Inspection

Tweetable Topics:

• “Today, you don’t find good deals. You make good deals.” (Tweet This!)
• “Nothing ventured, nothing gained.” (Tweet This!)

Connect with Nat

• Nat’s Personal Website
• Nat’s Twitter Profile
• Nat’s Instagram Profile
• Nat’s Facebook Page

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