338: From Red Robin Waiter to 250 Units (Using the MLS!) with James Dainard

<p>From waiting tables to scaling up to 250 units! Today’s show is going to blow your mind. </p><p>Brandon and David sit down with James Dainard, a real estate investor in the Seattle area, who is using his broad knowledge of real estate investing to do some big things! James shares how he got started door-knocking for someone else’s company to learn the business—and things took off from there! </p><p>He also shares how he’s finding 60 percent of his deals from the MLS, how he uses local zoning knowledge to find opportunities others are missing, and how he made over a million dollars off an MLS flip! James has some GREAT strategies he uses, including combining flipping, wholesaling, and BRRRRing; improving the return on his equity; and “inventing returns." You’ll also be blown away at how he created a 60-room rental (!!!) property that earns over $9K a month and how he saves money on maintenance and property management by running it all in-house. </p><p>James is a smart, humble, and experienced investor doing some very impressive stuff. Download this one today! </p><p>In This Episode We Cover: </p><ul><li>How he got started door-knocking for someone else’s company </li><li>Story behind his first deal </li><li>How he bought a 60-room house How he got to over 200 units all single-family </li><li>Combining wholesaling, flipping, and BRRRR </li><li>What he looks for in an area and using zoning knowledge to find opportunity </li><li>Profiting $1 million on a flip he found on the MLS </li><li>About his apartment complex that was on the market for 200+ days </li><li>How he uses flips to fund his rentals Getting 60% of his deals off the MLS </li><li>How he calculates the return on his equity </li><li>Why he hires people in-house to manage properties and do maintenance </li><li>How he BRRRRed a deal with no money left in that cash flowed $2K a month </li><li>His unique method for “inventing” returns And SO much more! </li></ul><p>Links from the Show </p><ul><li>BiggerPockets Forums </li><li>BiggerPockets Premium