There are quite a few Real Estate Brokers who have seen the advantages of becoming investors as well as being realtors. But Joe Evangelisti went about it the other way round. Joe got into real estate investing first, through a flip deal that went bad. But he learned the hard way, turned that deal around by making it a rental, and was off and running as a real estate investor. He took those hard learned lessons and turned them into a career as a Real Estate Broker, eventually owning his own office and using that position to feed his own real estate investing business. Hear more of Joe’s story on this episode.

Joe Evangelisti says so himself. Joe was a “C” student in high school and didn’t graduate college at all. He says that the main thing a potential real estate investor needs is the courage to learn and move forward. There are too many people who consume all the content about real estate investing but never put it into action. Joe says that the ones who are successful in the investing business are the ones who have the guts to try out what they’re learning. Mistakes will be made, but it’s not something that should hold you back. Find out more on this episode of Invest Four More.

There are other names for this investing strategy, but Joe has dubbed it the “replacement recipe.” It’s where you use private money to purchase a home for renovation, then refinance the house into long-term financing with a traditional lender for more money based on the fact that rental income will be part of the deal. Then you pay back the private money lender and have an asset that produces positive cash-flow with none of your own money in the game. It’s one of Joe Evangelisti’s favorite ways to add rental properties to his portfolio without risking a dime of his own finances. Hear it explained from Joe’s own lips on this episode.

Joe Evangelisti has built his business to the point that he has at least 4 exit strategy options for every property he purchases. First, he tries to work it as a wholesale deal, getting out the most money he can without having to invest money of his own. Next, Joe will evaluate the potential for a fix and flip. After that, he’ll see if it can be turned into a rental property, using private money to purchase, refinancing to repay the loan and set up a long-term solution, then renting the property to create immediate cash-flow. And if all else fails, he’ll make it a turn-key deal and try to sell it as a ready-made cash-flow opportunity for another investor. You won’t want to miss Joe’s explanation of how to leverage properties in these four ways - all on this episode of Invest Four More.

unless you build your financing strategy on relationships. Joe Evangelisti doesn’t believe in seeking out unknown investors to fund his real estate fix and flips or wholesale deals. He has learned to build a relationship, fulfill his end of the bargain, and then go back to the same people again and again to fund other deals. He’s discovered that once you promise a person 10% return in 6 months and actually come through with what you promised, those people will want to do the same thing again and again. There’s no reason they wouldn’t want to because it’s making them money time after time. But it requires you to be able to fulfill your promises every time. Find out how Joe makes that happen on this episode of Invest Four More.

How a real estate investor decided to also become a real estate agent: Joe’s story.

The benefits Joe sees in owning his own real estate office - how it impacts his investing business.

What made Joe decide to buy rental properties and how he’s built his portfolio to over 70 rentals at the present time.

How Joe’s first flip became a mistake, and how he turned that mistake into a gem by turning it into a rental.

Why you should be willing to live in every rental property you own.

How Joe manages 70 rental properties and what he’s considering to make his system even better.

The 4 exit strategies Joe likes to have available on every property he buys.

Joe’s “replacement recipe” that gives him cash-flow properties without putting out any of his own money.

How Joe finds private money to fund his investments.

The difference between hard-money lenders and private money lenders - and why you have to know the difference.

How Joe’s team is purchasing 5 properties per month for flips, wholesale, or rentals.

Why Joe believes every wholesaler should be prepared to buy every property he puts an offer on.

How Joe got into new construction projects and how it’s working to date.

Joe’s podcast and website - http://www.TheFlipKing.com

Joe’s wholesale site for New Jersey - http://www.SouthJerseyCashDeals.com

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Even when you make a bad deal in #realestateinvesting, there’s a way to make it right - Joe Evangelisti http://wp.me/p3PPf6-4UC

Why you should be willing to live in every #rentalproperty you own. On this episode of #InvestFourMore http://wp.me/p3PPf6-4UC

The “replacement recipe” for #realestateinvesting that cash flows with none of your own money http://wp.me/p3PPf6-4UC

Learn how to fund your #realestateinvestments through the power of relationships, on this episode. http://wp.me/p3PPf6-4UC

How you can have 4 #exitstrategies on every #investmentproperty http://wp.me/p3PPf6-4UC