Although this podcast is laser-focused on buy and hold real estate, today I want to do something a little different. Our guest today is here to share how he has used a strategy of wholesaling to in turn become a buy and hold investor! Cody Hofhine is a relatively new investor who is wholesaling at a massive level in order to purchase rental properties!
On this episode of Investing in Real Estate, Cody is sharing how he got his start wholesaling, and how it has helped him become a buy and hold investor. We’ll discuss the power of passive income, and the importance of taking consistent action. Cody’s real estate investing success story is one you won’t want to miss!
More About This Show
It’s phenomenal to think that less than two years ago, Cody Hofhine knew nothing about real estate. In fact, he wasn’t even interested in the business! While working in the insurance industry, Cody started attending real estate meetings to gain clients.
But as he started learning more about real estate investing, he started to see the power of passive income. Cody began wholesaling, which he describes as the art of locating deeply discounted properties. There are numerous outcomes that can occur from wholesaling, but Cody has started using it as a means to become a buy and hold investor.
He finds the properties he likes at a discounted rate, and keeps them as a passive income stream. By using his wholesaling tactics, such as mailers, Cody has uncovered some incredible deals. He currently owns two single-family properties, and is on his way to owning a multi-family unit, and a commercial office space.
Today, Cody runs Investor Grit, a platform that helps investors learn the most efficient way to begin wholesaling. Investor Grit prides itself as not an education program, but an instruction program. It’s about taking proven, tangible steps. Cody explains, in order to succeed, it’s necessary to take action. If you want to take actionable steps with Investor Grit, click here to book a Strategy Session.
On this episode, we’ll discuss the idea of progress not perfection, and Cody explains how he teaches the wholesaling process to his students. We’ll talk about the exact terms of his first deal, and how calculating his Freedom Number changed his perspective about real estate. Cody’s real estate journey is an inspiration; you won’t want to miss this episode of Investing in Real Estate!
If you’re ready to begin building a passive income through rental real estate, book a FREE call with my team today. We’re ready to talk about your goals and want to help you learn more about earning legacy wealth for you and your family.
On this episode you’ll learn:
- What does the wholesaling process at Investor Grit look like?
- What are Cody’s investing goals?
- What is the difference between money and wealth?
- The importance of mentors.
- And much more about real estate investing!