40: Using the “AREA” System to Buy 21 Houses in Just a Few Years with Anam and Aamir

Investor couple Anam and Aamir have been hard at work during COVID, locking down deals and BRRRR-ing more and more houses. Through years of system-building and deal mistakes/lessons, they were able to create a system that allows them to save time searching for deals and know immediately whether a property is worth the investment or not. After pinpointing exactly what they wanted in a deal, Anam and Aamir took the time to develop systems and processes that would help them get properties rehabbed and rented faster. So how did they finance these deals? HELOCs, credit cards, cash, hard money, and other creative financing. This is what allowed them to build a portfolio of 21 units within a few years, all while working full time jobs that take up much of their waking hours. With their deal criteria system (A.R.E.A), they’ve been able to turn their dreams into reality. Now at only 28 and 30, Anam and Aamir are on track to close more and more deals, securing their financial independence all while building appreciating wealth. In This Episode We Cover: How you can grow your rental portfolio, even during a pandemic How to get your processes and systems down so they work for you Using your partner’s strengths/weaknesses to inspire growth How to use different creative financing strategies to get deals faster How to find a hard money lender that works with your time-frame and ARV What the A.R.E.A system is, and how it can help you find high-quality deals The importance of running accurate comps in a desired area Using your mistakes to make yourself into an educated investor And SO much more! Links from the Show Real Estate Rookie Facebook Group Ashley's Instagram Tony's Instagram Buildium BiggerPockets Forums BiggerPockets Check the full show notes here: http://biggerpockets.com/rookie40 Learn more about your ad choices. Visit megaphone.fm/adchoices