Why Strategic Partners Are the Key to Scaling Your Real Estate Portfolio | Stan Gendlin
Description
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In this episode, Stan Gendlin, a seasoned real estate investor, dives deep into his evolution from flipping homes to building a massive real estate portfolio, currently managing over 700 rental doors with a goal of reaching 10,000. He explains how he strategically mapped out his financial goals and created a simple, actionable plan by calculating the income he needed from rentals and working backward to determine the number of properties and flips required. Stan highlights the power of virtual real estate investing, revealing that most of his transactions were done remotely, proving that physical presence isnโt always necessary to succeed.
He emphasizes the importance of building strategic partnerships, sharing how teaming up with specialists in construction and development helped him scale from a solopreneur doing 10 deals a year to running multiple businesses and completing hundreds of deals. One of the key takeaways is his method for raising private capital, making lenders feel comfortable through transparency and strong relationship-building. He also touches on the significant tax benefits available to high-income earners through cost segregation, particularly for those who want to invest in real estate without being directly involved.
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Connect with Stan!
Instagram - @stangen9
Facebook - https://www.facebook.com/stanislav.gendlin
Website - vanrockre.com
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๐๐๐จ๐ฎ๐ญ๐๐ฎ๐ฌ๐ญ๐ข๐ง: After graduating from UCLA in 2003 with an English degree,ย Justinย went directly into business for himself. He has never had a W-2 job. In 2005 he got into real estate by co-founding a brokerage in the Northern California area. Quickly he realized that being a realtor was not for him.
In 2007 he got into real estate investing full time. 16 years later,ย Justinย has flipped well over 2600 properties, accumulated millions in rental properties, and is an active investor to this day.
His success in real estate led him to start The Science Of Flipping podcast and education company, where he has coached and mentored over one thousand aspiring and active investors.ย
He is a nationally recognized speaker and is on a mission to educate as many people as possible on becoming a successful dynamic real estate investor.
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