Apr 20, 2022
Partnership in a real estate investing business? No problem!
In this hour-long episode of Living Off Rentals, I am joined by Andrew Dorazio and John (JD) Modrak! They are both US Army Veterans who I happen to meet by chance.
Andrew has been a guest of this show while JC graces us for the first time. This episode will make you learn more about their humble beginnings, their inspiration, their strengths and weaknesses and how they built a partnership based on their newfound passion, real estate investing.
Stop, take a seat and listen. This episode will surely make you want to learn more!
Key Takeaways:
[03:35] Andrew introduces himself and he shares
how the book, "Rich Dad, Poor Dad" inspired him to build wealth
through passive income.
[06:35] JD introduces himself, he emphasizes that you don't need to be a certain age to build wealth, his discovery of a passion for short-term rentals and Kasa.com.
[14:50] Andrew and JD discuss how they found success in their business partnership.
[22:35] Andrew provides valuable insight for individuals who want to leave their 9-5 job and pursue real estate investing.
[30:15] JD discusses how short-term rentals for multi-family work.
[42:46] Navigating through the pandemic, leaning towards the advantages of remote set-up for property management.
[50:10] JD shares the process for booking rentals on Kasa.com and its amazing automation.
[55:07] Andrew and JD share a piece of advice they wished they learned before starting to invest in rental properties.
Resources:
Guest Speaker Website (Partnership):
https://www.bcgrealestategroup.com/
Guest Speaker Website (JD Modrak): https://kasa.com/
Rich Dad, Poor Dad Book: https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194