109: How to Become a Real Estate Deal Maker with Henry Washington

Six years ago, Henry Washington had just $1,000 in the bank and bad credit. He knew something had to change after a panic attack at 3:00 in the morning.

On this episode of Zen and the Art of Real Estate Investing, Jonathan and Henry sit down to unpack Henry’s path from newly married, lousy credit, and no money to 116+ rental properties and doing at least 15 flips a year. Henry is the cohost of the On the Market podcast and author of the upcoming book Real Estate Deal Maker.

You’ll hear Henry’s revelation about real estate following a panic attack in the middle of the night and how he began making connections with other investors by attending meetups regularly. He explains to Jonathan how his first property landed in his lap, and he had to Google his way through the transaction. Henry outlines the immensity of his wife’s support as he pursued an investing career, why consistently attending meetups matters, and how he solved the two problems that most investors face.

Jonathan and Henry delve into the importance of working with a local bank, treating your investments like a business, and when he realized hiring property managers was more beneficial than managing the assets himself. Finally, they discuss the market cycle and finding deals in any market, what Henry’s mastermind is all about, and the two things you should focus on in any market.

Henry’s story is the epitome of what persistence, a learning mindset, and focus can achieve, and he wants you to know you can do it, too.

In this episode, you will hear:

• Henry Washington’s background in a traditional family and why he didn’t consider real estate until he was 36
• How he started his real estate career by writing down his goals in a notebook and learning as much as he could
• The first deal that came Henry’s way and how he positioned himself to pounce on it
• Google’s role in his first deal and learning as he worked the deal
• The help Henry got from an experienced investor which led him to borrow against his 401k and buy his first property
• Why his wife’s support made all the difference in pursuing real estate investing
• The two problems most investors face and how Henry solved both
• Henry’s determination to learn about wholesaling and find the best deals
• Treating real estate investing like a business to benefit all parties in the transaction
• When Henry realized he could quit his day job if he wanted to
• His decision to turn all property management over to a property management company
• The reason he’s still flipping properties and finding deals
• The difference between Henry’s mastermind and others on the market and what he teaches people
• Two things you should focus on in any market conditions

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If you enjoyed this episode, we've created a PDF that has all of the key information for you from the episode. Just go to the episode page at http://www.trustgreene.com/podcast/zen/109 to download it.

Supporting Resources:

See You at the Closing Table website - www.seeyouattheclosingtable.com

Find Henry Washington on Instagram - www.instagram.com/thehenrywashington

Connect with Henry on LinkedIn - www.linkedin.com/in/henry-washington-543aa91

Get the Real Estate Deal Maker book - get.biggerpockets.com/dealsbook

Website - www.streamlined.properties

YouTube - www.youtube.com/c/JonathanGreeneRE/videos

Instagram - www.instagram.com/trustgreene

Instagram - www.instagram.com/streamlinedproperties

TikTok - www.tiktok.com/@trustgreene

Zillow - https://www.zillow.com/profile/StreamlinedReal

Bigger Pockets - www.biggerpockets.com/users/TrustGreene

Facebook - www.facebook.com/streamlinedproperties

Email - info@streamlined.properties

Episode Credits:

If you like this podcast and are thinking of creating your own, consider talking to my producer, Emerald City Productions. They helped me grow and produce the podcast you are listening to right now. Find out more at https://emeraldcitypro.com Let them know we sent you.