Episode 53: Self Management Blues with Kristopher Kyzar

<p>In this week’s episode, we are joined by house hacker and house flipper, &nbsp;Kristopher Kyzar. &nbsp;While on deployment, Kristopher realized that if you can do long distance real estate investing out of state and in a different area, then why couldn't you do it being in a ship at sea.</p> <p>If you are looking to build your network, join a syndication or just looking to house hack and flip your way to financial independence by the time you get off active-duty, click on our LinkTree &nbsp;(<a href="https://linktr.ee/pinto.capital" target="_blank">https://linktr.ee/pinto.capital</a>) to find out exactly how!</p> <p><br></p> <p><strong>In this episode, we explore:</strong></p> <ul> <li>Background of the guest<br> </li> <li>Investing in a Mutual Fund<br> </li> <li>Finding Investors on Biggerpockets<br> </li> <li>Self managing vs having a property management<br> </li> <li>Tenant screening criteria<br> </li> <li>3x Income<br> </li> <li>Long distance real estate investing<br> </li> <li>Multiple exit strategies<br> </li> </ul> <p><strong>About Kris:</strong></p> <p>2003 bought Carlton Sheets No Money Down Real Estate course</p> <p>2004 bought first house and house hacked</p> <p>2005 bought second house and house hacked, started renting first</p> <p>2006 PCS to Guam</p> <p>2007 lost both tenants, houses went unrented for 3 months each</p> <p>2008 made CPO</p> <p>2009 deployed</p> <p>2010 made LDO</p> <p>2011 Shipyard</p> <p>2012 deployed</p> <p>2013 PCS to a PCU</p> <p>2014-2015 made excuses</p> <p>2015 PCS to Guam</p> <p>2016 made excuses</p> <p>2017 PCS to CVN in Norfolk met new coworker who also invested</p> <p>2018 started building network of like-minded people</p> <p>2019 formed LLC, partnered with old shipmate on flip in SC, partnered with new contact on flip in Hampton, and buy and hold in Norfolk</p> <p>2020 partnered with same contact as Hampton/Norfolk on flip in Portsmouth, bought and flipped first time solo, started lead generation campaign, joined syndication as LP, bought second solo flip