Passive Income Unlocked

470. The Art of Slow Flips: Building Wealth One Property at a Time with Scott Jelinek


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Can the slow flip strategy really transform your real estate investments into a stable, passive income stream in just five years?

 

In this riveting episode, Scott Jelinek unveils the secrets behind his innovative "slow flip" strategy, a method that has revolutionized the way investors approach real estate. With over 30 years in the game and more than 800 deals under his belt, Scott shares his journey from accidental landlord to real estate mogul, emphasizing the power of patience and strategic investment to achieve financial freedom. Listeners will dive deep into the nuances of buying properties with the intent of owner financing them, a model that promises not only to mitigate the hassles of traditional landlording but also to secure a future of passive income.

 

Scott Jelinek is a successful entrepreneur and real estate investor with over 30 years of experience in the industry. His passion for entrepreneurship started at a young age, and he started his first business venture at just fifteen years old. After serving in the army, he turned to real estate and has since completed over 800 deals, establishing himself as a leader in the field.

[00:00:00 - 00:05:00] Introduction to Slow Flips: 

  • Scott's journey into real estate and the birth of the slow flip strategy.

  • The accidental start in real estate investing.

  • Evolution of the slow flip strategy.

  • The significance of starting young and learning from experiences.

 

[00:05:00 - 00:10:00] Navigating the 2008 Financial Crisis: 

  • How the crisis shaped Scott's investment philosophy.

  • The impact of the financial crisis on Scott's portfolio.

  • The shift towards owning properties free and clear.

  • Learning from the older generation of investors.

 

[00:10:00 - 00:15:00] The Mechanics of Slow Flips: 

 

  • Detailed breakdown of buying, selling, and financing methods.

  • Utilizing private money for purchasing properties.

  • The benefits of selling with owner financing.

  • Creating cash flow without traditional landlord responsibilities.

 

[00:15:00 - 00:20:00] Scaling the Slow Flip Business: 

  • Expanding the portfolio and managing multiple properties.

  • Strategies for scaling and managing a large portfolio.

  • The importance of software in managing payments.

  • Navigating the challenges of default and eviction.

 

[00:20:00 - 00:25:00] Teaching and Coaching: Sharing the slow flip strategy with others.

 

  • The potential for starting with little to no money.

  • The philosophy of delayed gratification in real estate investing.

  • How Scott's approach to teaching emphasizes understanding and alignment with the slow flip model.

Quotes:

 

"The biggest barrier people have with slow flips is needing to make money right now." - Scott Jelinek

 

"You don't deserve to make a dollar off your house until they're free and clear." - Scott Jelinek

 

Connect with Scott:

 

Book’s Website: http://scottsfreebook.com/

Website: https://www.slowflips.com/registration

LinkedIn: https://www.linkedin.com/in/scott-jelinek-78556b6/

Instagram: https://www.instagram.com/scott_jelinek/

Facebook: https://www.facebook.com/scottjelinekcoach/

YouTube: https://www.youtube.com/c/Masterinvestoracademy/store

TikTok: https://www.tiktok.com/@scottjelinek

 

WANT TO LEARN MORE?

Connect with me through LinkedIn.

Or send me an email at [email protected]

Visit my website, www.luxe-cap.com, or my YouTube channel.

Thanks for tuning in!

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Passive Income UnlockedBy Sujata Shyam

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