240: Flipping Your Way Out of (Student Loan) Debt & the Transition to Rentals with Brentin Hess

<p>Financial debt (like student loans or credit cards) is irritating, expensive, and flat-out dangerous. But you don’t have to be stuck paying the minimum payments for decades like most Americans. </p><p>Today, we’re excited to introduce you to&nbsp;<strong>Brentin Hess</strong>, a young investor who “flipped his way out of student loan debt” and has already been able to quit his job thanks to his real estate investments. </p><p>You’ll learn how Brentin used a partnership to begin his house flipping journey, as well as the mistakes that cost him time and money in the beginning. Brentin is incredibly inspiring, so take time to listen to this entire episode—and prepare to have a fire lit beneath you!</p><p>In This Episode We Cover:</p><ul><li>Tips for getting into real estate at a&nbsp;<strong>young age</strong></li><li>Brentin’s experience of having a real estate license at&nbsp;<strong>19 years old</strong></li><li>How his first&nbsp;<strong>partnership</strong>&nbsp;came to fruition</li><li>How to deal with<strong>&nbsp;contractors</strong>&nbsp;when you’re young</li><li>The details of his&nbsp;<strong>first deal</strong></li><li>Tips for leveraging&nbsp;<strong>capital</strong></li><li>What exactly a&nbsp;<strong>Guidance Line of Credit</strong>&nbsp;is</li><li>The importance of&nbsp;<strong>building relationships</strong></li><li>Why he shifted from&nbsp;<strong>flipping to rental</strong>&nbsp;properties</li><li>How he financed a&nbsp;<strong>multifamily</strong>&nbsp;deal</li><li>Tips for finding the right<strong>&nbsp;partners</strong></li><li>When you should consider the rent as&nbsp;<strong>stabilized</strong></li><li>How he&nbsp;<strong>quit his job</strong></li><li>The story of how&nbsp;<strong>Gary Vaynerchuck</strong>&nbsp;was a guest for his event</li><li><strong>And SO much more!</strong></li></ul><p>Links from the Show</p><ul><li><a href="http://biggerpockets.com/forums" target="_blank">BiggerPockets Forums</a></li><li><a href="https://www.biggerpockets.com/renewsblog/bp-podcast-207achieve