This Investor Owns 250 Doors… Here's the ONE He'd Buy Again | Peter Skaggs

This Investor Owns 250 Doors… Here's the ONE He'd Buy Again | Peter Skaggs

Peter Skaggs runs a mortgage company and a 250 door real estate portfolio, and he built both at the same time without quitting his day job.

He bought his first investment property in 2007. Then 2008 happened. By 2011 the house had lost half its value. He held on anyway. For fourteen years. He also spent years chasing apartment complexes, land, and short term rentals before realizing he was collecting real estate, not building a portfolio.

He sold that crashed property in 2021 for almost double what he paid. That experience is where his framework came from. Buying power, staying power, growing power. Now he teaches busy professionals how to build a 10 to 20 property portfolio that runs quietly in the background while they do everything else.

What we covered:
→ Why he chose single family homes over apartments, storage units, and short term rentals
→ What actually happened when he held a crashed property for fourteen years
→ The real numbers behind reaching financial freedom with 10 to 20 rental properties
→ Why Airbnbs make sense as a lifestyle asset, not a starting point
→ The framework he built after making almost every mistake in the book

The people who get rich slowly in real estate are the ones nobody writes books about. Peter has spent 20 years proving that boring wins.

Thanks for making the trip and handing over 20 years of lessons in under an hour.

*Connect with Peter Skaggs*
https://www.linkedin.com/in/petertskaggs/
https://www.instagram.com/petertskaggs/
https://www.facebook.com/petertskaggs/

*Chapters*
00:00 Intro
01:25 Peter's 250 door portfolio and 20 years in real estate
02:32 Collecting real estate versus building a real portfolio
05:23 Where beginners should start: single family, Airbnb, or apartments
10:14 The real numbers behind financing your first rental
14:21 The freedom flywheel: how 10 to 20 properties add up to financial freedom
23:07 Buying right before the 2008 crash and holding for 14 years
27:23 The expensive mistakes that led to his framework
31:54 Real estate funds and syndications versus owning it yourself
38:56 Airbnbs as a lifestyle asset and the free deal analyzer tool

Thank You for Watching The Dillon England Show!


Become a supporter of this podcast: https://www.spreaker.com/podcast/the-dillon-england-show--6370921/support.


*Connect with Dillon*
https://www.instagram.com/thedillonenglandshow/
https://twitter.com/imdillonengland
https://www.linkedin.com/in/dillonmengland/
https://www.facebook.com/dillon.england.5

*Sponsor — Broadcast Brew (Low-Acid Coffee)*
Order our LOW ACID COFFEE “THE BROADCAST BREW”
Thank you to Cool Beans Coffee Brewery for your partnership.
https://www.coolbeanscoffeemi.com/product-page/broadcast-brew-low-acid-blend

*ABOUT THE DILLON ENGLAND SHOW*
Authentic conversations with interesting people across personal growth, entrepreneurship, and lifestyle — direct, faith-forward, Detroit grit.

Subscribe for full conversations and weekly clips.

Share this with someone on your leadership team.

Comment your biggest takeaway.

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(96)

What Would It Take For You To Walk Away From A 6-Digit Career? | Marco Savone

What Would It Take For You To Walk Away From A 6-Digit Career? | Marco Savone

Marco Savone co-founded Scusa Media, a revenue agency helping home service and construction companies turn leads into closed jobs. Before any of that, he spent two years working with stage four cancer...

2 Loka 42min

Why Nights and Weekends Aren't the Price of Success | Craig Ceccanti

Why Nights and Weekends Aren't the Price of Success | Craig Ceccanti

Craig Ceccanti built Pinot's Palette from one location in 2009 to 150 across the country, then exited the business in 2020. Now he installs the same operating system in other people's companies.For ye...

25 Syys 52min

25 Years in Mortgages, What AI Will Never Replace | Ted Edginton

25 Years in Mortgages, What AI Will Never Replace | Ted Edginton

Ted Edginton has spent 25 years doing mortgages the hard way. In person, on the phone, at the closing table.He started this business straight out of Michigan State, driving around town with paper chec...

18 Syys 59min

The Mistake That Keeps You Out Of The Room With Powerful People | EO Detroit Founder John Anderson

The Mistake That Keeps You Out Of The Room With Powerful People | EO Detroit Founder John Anderson

John Anderson started the EO Detroit chapter in a conference room in 1996 with two other guys and no money. He's now a business coach, an author, and one of the most connected people in Michigan.He us...

14 Syys 1h 1min

“Saving My Assassin" A Story On A Close Call with Death, and The Miracle of How She Survived | Virginia Prodan

“Saving My Assassin" A Story On A Close Call with Death, and The Miracle of How She Survived | Virginia Prodan

Virgina Prodan grew up in Communist Romania, watching her parents whisper behind closed doors about a government that took a little more from them every year. She decided as a kid she was going to bec...

28 Elo 52min

What Every Michigan Business Owner Should Know Before They Get Sued | Brandon Grysko

What Every Michigan Business Owner Should Know Before They Get Sued | Brandon Grysko

Brandon Grysko spent seven years wearing a badge before he ever put on a suit.He started out chasing a fireman's paycheck, landed in EMS, and then his dad, a career sheriff's deputy, pointed him towar...

21 Elo 42min

Detroit Fox News Host: What it’s REALLY like hosting a TV Show | Ronia Shamona

Detroit Fox News Host: What it’s REALLY like hosting a TV Show | Ronia Shamona

Ronia Shamona has spent 20 years in local news. Overnight shifts in Las Vegas. 20 years of live TV. Now she anchors FOX 2 Detroit Live in the 2 and 3 pm hours and hosts her own segment, Rona's Rundown...

17 Elo 40min

Suosittua kategoriassa Liike-elämä ja talous

sijotuskasti
vallattomat
psykopodiaa-podcast
mimmit-sijoittaa
rss-rahapodi
rss-oivalluksia-rahasta-elamasta
oppimisen-psykologia
rss-hereilla
ostan-asuntoja-podcast
rss-paasipodi
rss-rahamania
rss-kaupan-tila
rss-paikoillenne-valmiit-laakikseen
rss-set-for-life-sijoita-ja-vaurastu
rss-inderes
rss-sami-miettinen-neuvottelija
rss-karon-grilli
rss-markkinointia-ilman-jargonia- meeri-karusaari
rss-johtajuuden-jaljilla
rss-tyoelamasta-podcast