EP #8: The Power of Investing in State & Out of State

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Paul and Sherri Balyoz began investing in real estate in 2005 in an effort to save money for kids' college funds, traveling more often, and retiring early.

Their extensive experience working as a software developer and a registered nurse did very little to help meet these goals.

As real estate investors with 15 years of experience, their dreams are becoming reality - with their plan to leave the "rat race" at the end of 2021.

Their exciting journey will continue for years to come now that they have discovered the fun of real estate investing.

And today, get ready… it’s time to hear some words of wisdom… from today’s featured guests Paul and Sherri Balyoz! Let's get deeper insights from our expert guests for this episode and reveal their best strategies in Investing in State & Out of State!

𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬:

  • 2:15 Paul and Sherri Balyoz’s began investing in real estate in 2005 in an effort to save money for kids' college funds, traveling more often, and retiring early.

  • 04:56 A lesson learned from the first fourplex deal.

  • 2:58 A beginner's class that changed everything in their life.

  • 7:16 How to determine If a property is a good deal to produce a passive income

  • 9:07 Their benefits from using the Self-Directed IRA in AZREIA

  • 15:31 Details on Sherri & Paul Balyoz’s Flipping Out of State? — tips revealed!

  • 19:06 Why having a good relationship with a realtor is important?

  • 21:04 Details on Sherri’s Airbnb — strategy revealed!

  • 23:01 New opportunities through AZREIA meetings and networking.

  • 24:05 The important components of a property management company.

  • 26:58 What 1031 Exchange is?

  • 26:14 From $2000 monthly cash flow to $6,800 a month — strategy revealed!

  • 29:09 The importance of setting aside some money for rental properties.

  • 30:05 How does Paul calculate his ROI?

  • 31:19 Sherri & Paul Balyoz’s Brrrr strategy (Buy, Rehab, Rent, Refinance, Repeat) — tips revealed!

  • 35:32 What’s next with Sherri & Paul Balyoz?

  • 38:49 Best advice for you that's looking to get started in real estate.

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Whether you are an experienced investor with a large portfolio, or just getting started and looking to secure income and wealth through real estate investing the AZREIA Show is here for you.

This podcast provides you with exceptional education, resources, and support to help you further your real estate career.

Our community consists of independent real estate investors who utilize a myriad of investment strategies. If you’re looking to learn from the most successful investors in the industry then you have found your new home.

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Thanks for listening to the AZREIA SHOW Podcast with Marcus Maloney and Michael Del Prete. Don’t forget to subscribe to the show on iTunes and leave a rating and review. See you on our next episode!

To learn more about investing and to understand your investor identity to the free Entrepreneur Self Assessment at: https://azreia.org/entrepreneurial-self-assessment/

Azreia Real Estate Investing Entrepreneurial Self Assessment

Who is if for? Anyone who wants to know if Real Estate Investing is right for them BEFORE spending time or money on education and training. Everyone new to Real Estate Investing Our Entrepreneurial Self Assessment is designed for you to understand if Real Estate Investing is right for you and if so, you are best suited for active or passive investing.

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28 episodes