Episode #788 Lamon Woods used an ingenious rental property strategy to go from one house to over one hundred rentals in a small market without using almost any cash. This strategy is so brilliant that most real estate investors assume it doesn’t exist or they can’t use it in their rental property portfolio. Lamon luckily stumbled upon this way to invest, and now, he’s growing his real estate portfolio at a pace unfathomable to most landlords. But Lamon didn’t start as some rental property investing expert. He was making a low income, working a job he had no passion for, and looking for any avenue that could help make him more money. When his wife suggested that they buy the house they were currently renting, Lamon put up a fight but eventually went along with the plan. It wasn’t until he moved out and rented his first home that the real estate investing lightbulb went off. From there, Lamon realized how quickly passive income could replace his paycheck. So, he made it his goal to buy one house a year. The plan was working, but then Lamon realized he could purchase homes without using his own money. In fact, Lamon could take the properties he already owned and use them to grow his rental property portfolio even faster. Now with over one hundred units to his name, Lamon wants to teach other investors (like you) how to do the same! ~~~~ Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media ~~~~ Enter to Win a FREE Copy of David's New Book, ""Pillars of Wealth"": https://get.biggerpockets.com/5fbfac0b-e728-4076-a4e7-523387e33104-523395/?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Expand Your Investing Knowledge With the BiggerPockets Books: https://store.biggerpockets.com/?utm_source=owned_media ~~~~ Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch ~~~~ Find Investor-Friendly Lenders: http://biggerpockets.com/lendermatch ~~~~ How to Use Home Equity to Buy Rentals: https://www.biggerpockets.com/blog/rookie-196?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ 5 Reasons to Utilize Your Equity & How to Safely Invest It: https://www.biggerpockets.com/blog/5-reasons-utilize-equity?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ How to Invest in Real Estate with No Money Down (4 Rules You NEED to Follow!): https://www.biggerpockets.com/blog/2014-10-18-invest-real-estate-no-money-down?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Connect with Lamon: BiggerPockets: https://www.biggerpockets.com/users/lamon?utm_source=youtube&utm_medium=description&utm_campaign=none Instagram: @1_800hustla or https://www.instagram.com/1_800hustla/ ~~~~ Connect with David and Henry on BiggerPockets: David: https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none Henry: https://www.biggerpockets.com/users/henryw22?utm_source=youtube&utm_medium=description&utm_campaign=none ~~~~ Follow David, Henry, and BiggerPockets on Instagram: David: @davidgreene24 or https://www.instagram.com/davidgreene24/ Henry: @thehenrywashington or https://www.instagram.com/thehenrywashington/ BiggerPockets: @biggerpockets or https://www.instagram.com/biggerpockets/ Show notes at: https://www.biggerpockets.com/blog/real-estate-788?utm_source=youtube&utm_medium=description&utm_campaign=none 00:00 Intro 02:31 Quick Tip 03:04 $70K Per MONTH!? 08:48 From Low Paycheck to Landlord 17:09 Properties You SHOULDN'T Buy 22:02 The "Infinite Return" Financing Method 32:55 What Matters in Your Market 40:43 100+ Units with NO Money Down 46:21 Connect with Lamon!