In this episode of the Aid to Assets podcast, host Tiffany Watson interviews Errol J. Allen as he shares his journey from overcoming a low credit score to owning 25 rental properties in just 4 years!
Errol shares his journey in real estate investing, starting with wholesaling and flipping houses before transitioning to holding properties for cash flow. He discovered the concept of house hacking and realized the potential for making money by renting out rooms in his own home. This led him to buy a three-story townhouse and rent out the rooms, generating significant cash flow.
Don't miss out on Errol's invaluable insights and strategies for success. Tune in to this episode to learn all the details!
Key Takeaways
00:00:00Aid to Assets Introduction
00:02:16Getting Started in Real Estate
00:04:38Closing the First Deal and Making $3,000
00:09:04Unconventional Marketing Methods
00:13:45Finding Deals in Undervalued Areas
00:22:34Fix and Flip to Rental Properties
00:25:44Transitioning to Holding Properties
00:27:51Belief and Confidence in REI
00:33:42Building a Strong Team
00:35:45The Importance of Mentors and Education
00:39:36Setting Goals for the Future
00:42:25Connect with Errol
Connect with Errol
https://www.instagram.com/erroljallen/
https://www.threads.net/@erroljallen
Resources and Links
Guesty https://www.guesty.com/
Bank of America https://www.bankofamerica.com/
Brian Page | #1 Airbnb Arbitrage Course https://brian.page/airbnb/airbnb-arbitrage-course/
Getting Paid To Stay by Errol Allen https://www.amazon.com/Getting-Paid-Stay-Potential-Residence-ebook/dp/B08H146T4P
Let’s Chat About Your Goals!
Book a Call Here: https://calendly.com/aidtoassets
Connect With Tiffany 🎙️
Linkedin: https://www.linkedin.com/in/watsontiffany/
Instagram: https://www.instagram.com/aidtoassets/
Facebook: https://www.facebook.com/tiffany.aid.to.assets
Website: https://www.aidtoassets.com/
Music Credits 🎵
Music from #InAudio: https://inaudio.org/
Track: Upbeat Corporate Podcast by Infraction [No Copyright Music] / Marketing