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He Sold All His Rentals Twice. (Now, He's Buying Again) With Steve Whetzel (Ep 575)

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Synopsis

Steve Whetzel has tried real estate investing three different times over the last 30 years, and the first two attempts didn’t end the way he hoped.On this episode, we look back at each chapter of his investing journey to see what went wrong, what went right, and whether it would have been possible to hold onto the properties instead of selling. Steve shares how each experience shaped the investor he is today.Steve bought his first rental properties back in 1996, long before podcasts, YouTube channels, and online communities made real estate investing easier to learn. As a young entrepreneur, he figured things out on his own and quickly bought two properties. The investments were working, but he was also trying to grow a business and eventually realized he didn’t have the time or focus to do both. A few years later, he sold the properties and moved on.About 15 years later, Steve decided to give investing another shot.This time he bought five out-of-state rentals and found what looked like great opportunities.