Feeling scared to do your first or next real estate deal? Even if everything goes wrong, you may still be in a better position than Ayesha and Kevan Shelton were just a few years ago. After quitting their jobs to become full-time real estate investors, Ayesha and Kevan found themselves staring at a $300,000 loss. Their credit was ruined, their life savings drained, and most of their partners walked away, never to return. Ayesha and Kevan did the right thing, paying back every investor who funded their failed house flips, but it came at a cost.With a baby on the way, Ayesha and Kevan were debating <a href="https://www.biggerpockets.com/blog/7-tips-overcome-bankruptcybuild-lasting-wealth">bankruptcy</a> to get some relief from the massive financial pressure they were under. But some wise investors told them they had it in them to rebuild their wealth—and that’s precisely what they did. In today’s incredible investor story, you’ll hear about how this power couple pivoted to turn their business around and began investing in new build construction projects.Now, five years later, they’ve built sixty homes, developed their own communities, and created true wealth out of nothing. The best part? These <a href="https://www.biggerpockets.com/blog/2015-02-20-important-considerations-construction">new construction</a> homes are affordable housing, helping solve the inventory crisis we’re currently facing and giving those that truly need it safe, affordable, quality homes to live in. And if Ayesha and Kevan can do it starting from negative, you can too, even if you’re starting from zero!In This Episode We Cover:How Ayesha and Kevan turned a $300K loss into a massively successful business Why you always (ALWAYS!) pay back the investors you’ve borrowed from<a href="https://www.biggerpockets.com/blog/institutional-investors-are-buying-affordable-housing-in-droves">Affordable housing</a> 101 and how to get discounted land deals for your next new construction projectHow to find the “path of progress” of where homes will appreciate in your areaScaling your business with new construction homes instead of flipping houses<a href="https://www.biggerpockets.com/blog/find-private-money-lenders">Private money</a>, hard money, and other <a href="https://www.biggerpockets.com/blog/creative-financing">creative financing</a> methods to use when banks WON’T fund your dealsAnd So Much More!Links from the Show<a href="https://www.biggerpockets.com/agent/match">Find an Agent</a><a href="http://biggerpockets.com/lenderfinder">Find a Lender</a><a href="https://www.youtube.com/channel/UCVWDbXqQ8cupuVpotWNt2eg">BiggerPockets Youtube Channel</a><a href="https://www.biggerpockets.com/forums">BiggerPockets Forums</a><a href="https://www.biggerpockets.com/membership-types">BiggerPockets Pro Membership</a><a href="https://store.biggerpockets.com/">BiggerPockets Bookstore</a><a href="https://www.biggerpockets.com/blog/real-estate-investing-bootcamps">BiggerPockets Bootcamps</a><a href="https://www.biggerpockets.com/podcast">BiggerPockets Podcast</a><a href="https://bit.ly/biggerpocketsswag">BiggerPockets Merch</a><a href="https://www.biggerpockets.com/signup?utm_source=owned_media">Join BiggerPockets for FREE</a><a href="https://www.biggerpockets.com/podcasts?utm_source=youtube&utm_medium=description&utm_campaign=none">Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts</a><a href="https://www.biggerpockets.com/investment-calculators?utm_source=youtube&utm_medium=description&utm_campaign=none">Get More Deals Done with The BiggerPockets Investing Tools</a><a href="https://www.biggerpockets.com/forums/521-real-estate-events-meetups?utm_source=youtube&utm_medium=description&utm_campaign=none">Find a BiggerPockets Real Estate Meetup in Your Area</a><a href="https://store.biggerpockets.com/?utm_source=owned_media">Expand Your Investing Knowledge With the BiggerPockets Books</a><a href="https://biggerpockets.com/guest">Be a Guest on the BiggerPockets Podcast</a><a href="https://link.chtbl.com/OTM">Hear Dave and Henry On the “On the Market” Podcast</a><a href="https://www.biggerpockets.com/blog/2015-02-20-important-considerations-construction">4 Vital Points to Consider BEFORE Getting Into New Construction</a><a href="https://www.biggerpockets.com/users/davem27">Dave's BiggerPockets Profile</a><a href="https://www.instagram.com/thedatadeli/">Dave's Instagram</a><a href="https://www.biggerpockets.com/users/henryw22">Henry's BiggerPockets Profile</a><a href="https://www.instagram.com/thehenrywashington/">Henry's Instagram</a><a href="https://www.instagram.com/biggerpockets/">BiggerPockets' Instagram</a>Connect with Kevan & Ayesha<a href="https://www.biggerpockets.com/users/kevanshelton">Kevan's BiggerPockets Profile</a><a href="https://www.facebook.com/ayesha.shelton/">Ayesha's Facebook</a><a href="https://www.facebook.com/profile.php?id=37526545">Kevan's Facebook</a><a href="https://www.instagram.com/ayeshashelton/">Ayesha's Instagram</a><a href="https://www.instagram.com/kevanshelton/">Kevan's Instagram</a><a href="https://www.linkedin.com/in/msayesha/">Ayesha's LinkedIn</a><a href="https://www.linkedin.com/in/kevanshelton/">Kevan's LinkedIn</a><a href="https://www.parkstreethomes.com/">Park Street Homes</a>Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-923Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email <a href="mailto:advertise@biggerpockets.com">advertise@biggerpockets.com</a>.  Learn more about your ad choices. Visit <a href="https://megaphone.fm/adchoices">megaphone.fm/adchoices</a>

Podurama

Home

Trending

Personal

Your Podcasts

New Episodes

My Files

Favourite Episodes

Tags (Folders)

Recently Played

Bookmarks

Followed Playlists

923: From No Savings to Building 60 Houses in 5 Years! w/Ayesha and Kevan Shelton

BiggerPockets Real Estate Podcast