426: Using the “Sunflower Method” To Buy 18 Properties in Just a Few Years with Teacher Jon Wooten

Many new investors find excuses for why they can’t buy properties. Either they don’t have the money, the deals, or the experience . Our guest today, Jon Wooten , had none of these three, but found a way to acquire 18 units (and become financially free ) in only a few years. By asking questions and sticking out to the local real estate investors, Jon was able to acquire valuable experience , all while gaining equity in his rental properties . Jon has his own method for finding deals and acquiring wealth, called the “ Sunflower Method ”, which has helped him get to the point he is at. Now, financially free at 28 , Jon has the ability to choose whether he wants to work, which projects to go after, and how he wants to spend his time. This isn’t a far away goal that only the rich and well connected can get to, it’s available for all real estate investors ! You may be working a minimum wage job , stuck in a career you want out of, or have debt . Jon shows that all of these can’t stop you from acquiring wealth! How do you find houses? How do you find a mentor? What’s the best way to find a quality handyman ? How can you make sure a house is being inspected properly. All these questions and more are answered in this episode! In This Episode We Cover: How to find a mentor AND get your first rental Why you should make it an effort to get to know your local real estate investors Why self-managing is a great way to gain experience How to get seller financing on a rental (and who to ask for it) Why you should call “for rent” signs What the “ Sunflower Method ” is and how it builds wealth The best way to find a quality (and inexpensive) handyman Fake cash flow vs Pure cash flow How to properly inspect a house before you make an offer And SO much more! Links from the Show BiggerPockets Forums David's Instagram Brandon's Instagram BiggerPockets Podcast BiggerPockets Store BiggerPockets Podcast 050: Getting Started and No Money Down House Flipping with Mike Simmons BiggerPockets Podcast 200: A Step-by-Step Guide to Buying Your First Real Estate Investment BiggerPockets Podcast 180: 58 Deals by Age Twenty-Three with Devan McClish BiggerPockets Podcast 355: From Small-Time Landlord to 1,000+ Units Under Contract with Ryan “The Mercenary” Murdock Open Door Capital Tony Robbins Check the full show notes here: https://www.biggerpockets.com/show426 Learn more about your ad choices. Visit megaphone.fm/adchoices