013: Getting Started with Fourplexes with Nathan Allen

Nathan is a real estate investor and adventurer. He owns a fourplex in Oklahoma City, and has been travelling through Central and South America for the past two years. Nathan began his real estate investing career understanding the power of multifamily properties. He is now actively searching for 80-130 unit apartment communities.

Lightning Round

  1. What was your biggest hurdle getting started in real estate investing, and how did you overcome it? Nathan wasn’t sure where to invest initially. With time, he became more familiar with the areas he was interested in.  He started looking at a market, and refined it into areas of that market, then specific neighborhoods, down to the specific street.
  2. Do you have a personal habit that contributes to your success? Determination and Visualization.
  1. Do you have a favorite online resource? BiggerPockets and MeetUp
  1. What book would you recommend to the listeners and why? Rich Dad Poor Dad by Robert Kiyosaki 4-Hour Work Week by Tim Ferris, Richest Man in Babylon
  1. If you were to give advice to your 20 year old self, what would it be? Have focus and avoid the “shiny object syndrome”.

 

 Key Points

  1. Investing in Fourplexes
  2. Travelling while owning a property
  3. Finding your first deal

 

 Nathan’s Reasons Why

Nathan knew he wasn’t good at being an employee. Nathan wants to have time freedom. He’s not motivated by material possessions, although he appreciates them just as much as the next person. Nathan was naturally drawn to real estate as his vehicle to achieve time freedom.

Resources

Rich Dad Poor Dad by Robert Kiyosaki

4-Hour Work Week by Tim Ferris,

Richest Man in Babylon by George Clason

Visit Audible for a free trail, and a free audio book download.

Interview Links

http://www.bluealamo.com/

Leave a Comment