Your small town might be the best place to invest in real estate, even if it’s got only a few thousand residents. We know—everyone has told you to go to the bigger, growing cities where you can chase appreciation, but today’s guest might change your mind. He was able to scale to over twenty rental properties in just a few years, all by buying in his rural Ohio town that you’ve probably never heard of. Even better? He bought the rentals with none of his own money, AND he was cash-flowing THOUSANDS per month. So how do you do it, too?Josh Bauerle tried to invest in real estate back in 2006. What was supposed to be a “quick flip” turned into a thirteen-year investment, which (thankfully) made a bit of money by the end. After taking a decade off from real estate investing, he got back in the game, first by buying a rental from his father and then by purchasing a twelve-unit real estate portfolio from a local friend. He then scaled FAST to a serious amount of rentals, all in a tiny town with a small population.After that, he stumbled upon the best-kept cash flow secret in real estate investing: section 8 rentals. Today, Josh is sharing how he did it without using his own money, and how you can do it, too, whether you’re in a sizable city or a small town.

In This Episode We Cover:Why living in a small town is a HUGE advantage for real estate investingSeller financing 101 and how to buy rental properties without getting a traditional loanUsing other people’s money to build a rental property portfolioSection 8 rentals, the pros and cons, and why they get you MORE rent than regular rentalsThe simple way that Josh has found his off-market real estate deals with social mediaAnd So Much More!

Links from the ShowJoin BiggerPockets for FREELet Us Know What You Thought of the Show!Get Free Property Management Software for Landlords with HemlaneGrab Dave’s Newest Book, “Start with Strategy”Find an Investor-Friendly Agent in Your AreaSee Dave at BPCON2024 in Cancun!The Pros and Cons of Accepting Section 8 HousingConnect with JoshConnect with Dave

(00:00) Intro(01:27) A Failed "Quick Flip"(05:47) Taking a 10-Year Investing Break(09:17) Buying 13 Units at Once (15:13) Quitting His Job/Business (18:26) Using Other People's Money (20:11) Moving to a Bigger Market (23:53) Making More with Section 8(30:10) Scaling Fast!

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