242: How to Live an Incredible Life Now & Achieve Early Retirement with Josh Randall

Money doesn’t buy happiness – but it can give you the freedom to live a truly extraordinary life, something our guest today can really speak to! We sit down with Josh Randall, an investor from Kentucky with nearly 100 units who also works as a full-time business owner.

You’ll love Josh’s mindset when it comes to buying cars, travel, and more through real estate, as well as his “goal-focused” investing that will get him fully retired by the age of 48 (with $50k a month in cash flow!) Josh is incredibly fun and also highly informative, so don’t miss a second of this show which Brandon calls “one of his top episodes ever!”

In This Episode We Cover:

• How Josh got started in real estate through buying a Corvette
• Details on his first deal – a mini mall
• Selling bath tubs while property was still empty
• How many properties Josh currently owns
• Juggling business and real estate investing
• Facebook Marketing to find deals
• The Plumber story
• His strategy
• His monthly cashflow
• The ‘why‘ behind his investing
• Making assets pay for the liability
• His strategy in finding deals
• The types of houses he buys
• Adding one more bedroom to a house
• What is a knockdown?
• Managing a business with 70 employees and real estate investing
• The Limo Hummer
• And SO much more!

Links from the Show

• BiggerPockets Forums
• BiggerPockets Youtube Channel
• BiggerPockets Facebook Profile
• Buy and Hold Real Estate—What Works and What Doesn’t with Tim Shiner
• BiggerPockets Webinar
• Tenant Cloud

Books Mentioned in this Show

• Rich Dad Poor Dad by Robert Kiyosaki
• 50 Things They Didn’t Teach You in School by Tim Shiner
• Playing to Win: Jerry Jones and the Dallas Cowboys by David Magee

Fire Round Questions

• Oil tank in basement – should I remove?
• Investing/Flipping Manufactured home. Good or bad idea?
• Buyer asks for inspection report items to be repaired.

Tweetable Topics:

• “Real estate is a piece of cake. I can do it with my eyes closed!” (Tweet This!)
• “There’s always a way to add an additional bedroom.” (Tweet This!)
• “Not everybody is the same person.” (Tweet This!)

Connect with Josh

• Josh’s BiggerPockets Profile
• Central City Rentals Facebook Page
• Josh’s Company Website
• Josh’s Personal Website

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