Welcome to the Bigger Cash Flow podcast, where each week, we share tips and tricks on how to grow your monthly cash flow and get out of the rat race. We also interview real estate investors and business owners to gain insight into how you too can reach your goals of financial freedom. For more information on investing, real estate, and increasing your overall cash flow, head on over to biggercashflow.com and check out some of the blog posts.
Title: Scaling your Out of State Rental Portfolio with David Hutson
David Hutson is an active duty Army Lieutenant Colonel with 30 years of military service and serves as the Deputy Director of Human Resources for the California Army National Guard.
He began investing in real estate in 2000 when he purchased a fourplex as his first rental property in Sacramento, CA. Today he owns 18 homes in Memphis, TN and Sacramento, CA. He is currently transitioning his portfolio from California to Memphis, using 1031 exchanges. David is also a partner in 16 different syndications covering 41 commercial and residential properties.
On this episode you'll learn:
-David’s background and real estate experience
-How and why did you get into real estate investing?
-What markets do you invest in and where do you find your deals?
-How do you finance your deals? How are you planning to scale - go big?
-Worst deal or Biggest lesson learned?
-Personal finance tips and/or tricks?
-One thing you would like to share with the BCF listeners?
-Advice for your younger self in High School?