Preston Seo Profile picture
Jun 14 9 tweets 3 min read Twitter logo Read on Twitter
I used to suck at investing...

But at 31, I have $11M+ in real estate, 40 rentals, and 6 Airbnbs.

Here are 7 resources to make you a master investor: Image
1. The Inside Job

This documentary uncovers the dark side of real estate and the financial industry.

Great for learning about how to be safe and cautious when investing. Image
2. Book on Rental Property Investing

This book by Brandon Turner is a foundational guide for RE investors.

It’ll show you why you should invest and how to find good deals. Image
3. Abstract: The Art of Design

Netflix show that combines real estate with art by focusing on design.

An eye opener for people who love exploring new styles of homes. Image
4. Zillow

Not just for selling and buying real estate.

You can use it for market and competitor research.

Or for following pricing trends and setting a price for your property.

It’s the worlds leading real estate marketplace with a lot of features.
5. NeighborhoodScout

This website is great for looking up data & analytics of neighborhoods.

Always research the area before you purchase a property.

This is an all in one solution for zooming in on specific locations that fit your criteria.

Saves you a lot of time and effort
6. Millionacres

Free website that’s a great learning place for all investors.

1000s articles on trends, fundamentals, taxes, etc.

It should answer most of your questions about real estate.

Has paid options especially for RE investors.
7. REIClub

It’s a hub of real estate information with articles, forums, videos, clubs and discussions.

Great place for intermediate investors who want to grow further.

Used for networking which is super beneficial once you get started.
The truth is... information has never been the real roadblock for people.

Lack of action was.

If you’re an action taker & serious about making $$.

DM “AIRBNB” to register for my free live workshop.

You’re getting a playbook for building a $10,000/mo income with 4 Airbnbs

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More from @thelegacyinvest

May 3
90% of the world’s millionaires don't own a basket of stocks.

They own real estate.

It's not a coincidence.

Most don't realize that real estate pays you in 5 different ways:

Let’s break it down (with % returns)
PRO TIP: Want to control 100% of an asset's worth with only a 3.5-20% down payment?

Leverage is what makes real estate so attractive.

Take a smart 20% down payment and get a $80k loan for a $100k property.
(1) When it comes to making money in real estate.

Appreciation is key.

Historically RE has had ~5% appreciation gains.

Your property's value jumps from $100K to $105K at a 5% appreciation rate.

Netting you a sweet $5K gain on a $20K down payment.

That's a 25% return.
Read 10 tweets
Apr 11
I achieved EVERYTHING I could've imagined in 4 years:

• $11,000,000 real estate empire.
• $20,000/mo Airbnb portfolio.
• Retired my parents, bought our dream house, and own my calendar.

2 of my friends saw this and asked how to do the same.
So I gave them my blueprint and the results will surprise you

Both of my friends had similar backgrounds.

• Middle-class parents
• Risk adverse
• College degrees

Both had no prior investing experience and started around the same time.
(Blueprint I shared is how to make $10K/mo using other people's properties on Airbnb without buying them.)

I'd check in on them every 2 weeks to see their progress.

The first guy (let's call him Nick) kept calling me every 2 days saying..
Read 12 tweets
Mar 22
I've went from $0 to building a $11M portfolio in RE in a few years.

I've compelled the 6 biggest reasons people spend their lives without becoming financially free.

(Quick thread)🧵🧵
Before we get started, please retweet the tweet above!

Helps us reach more people and spread the message.

Thank you. Let's get started.
Reason #1:

You think it takes money to make money.

That's objectively false.

Millions of businesses don't require any funding at all.
Read 15 tweets
Feb 22
90% of millionaires didn't become rich because they won the lottery.

They did it by partnering with banks to fund their real estate empires.

Here are the 5 best loan products you've never heard of.
1. Fannie Mae HomeStyle Renovation
Mortgage

This allows borrowers to finance both the purchase price & renovation costs of a property with 1 mortgage.

Pros:
⁃Financing both purchase price & renovation costs
⁃Can be used for investment properties, and primary residences… twitter.com/i/web/status/1…
2. DSCR

This program focuses on the property's ability to generate enough cash flow to cover its debt obligations.

Pros:
⁃Great for self-employed borrowers as underwriters only look at the subject property's income
⁃Can be used to finance a wide array of investment properties… twitter.com/i/web/status/1…
Read 7 tweets
Feb 19
I went from my mom's basement to $4,200,000
net worth in 2.5 years.

Here are 3 lessons I learned the hard way -

(NOTE: I'm being direct so you implement things right away.)
#1 Delay Gratification

In 2015, I got a pest control d2d sales job and made $50K in 3 months.

But instead of paying my student loans...

And building a safety net (like rental properties, or semi-passive assets).

I blew all of it.

Lesson: Make money, but build assets to make… twitter.com/i/web/status/1…
#2 The Millionaire's Room

Say you're in a room with 5 millionaires and you're broke.

in one way or another, you'll start feeling insecure or bad you're not a millionaire.

You'll start finding ways to make money, ask for advice, and try to push more.

(... this is called… twitter.com/i/web/status/1…
Read 4 tweets
Feb 18
Most Airbnb hosts spend 3-5 hours/day managing 1 Airbnb.

While I spend 1 hour a WEEK managing 4
Airbnbs.

The difference? Cloning yourself.

Here's the 5-step process I use to build my dream team that does 99% of the work.

(...so I can wake up whenever I want, spend more time… twitter.com/i/web/status/1…
Reason I make $5,000+/mo profit from each
Airbnb I own is because of 1 thing:

Guest experience.

If you don't know (and deliver) what the market wants, you won't succeed.

You'll think Airbnbs don't work, lose capital, and quit.

Following this "reversed" approach...

Let's… twitter.com/i/web/status/1…
Use this checklist to make guests leave 5-star ratings every time:

A clean, tidy, and well-maintained Airbnb
Airbnb listing matches expectations
Friendly communication
Easy check-in & check-out
Responsive support during the stay

BONUS: Welcome gifts & amenities
If you do this,… twitter.com/i/web/status/1…
Read 8 tweets

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