Figuring Shxt Out

Ep. 58 - The Game is Real Estate with Esmel Meeks


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Flacs & King speak with Esmel Meeks, a young Real Estate investor that has changed his life around with that monthly Mailbox Money!! Watch this interview to see tips on how to make it in Real Estate. 

00:00 - Intro 01:57 - Figuring Shxt Out Moment! 03:23 - That mailbox money is a flex! 04:01 - Evergreen MONEY 04:58 - What type of Real Estate do you invest in? 06:04 - The Bigger Pockets podcast 06:18 - What Criteria do you look for in investing? 07:08 - Lessons Learned 07:28 - Missing Opportunities 08:57 - Interest rates for investors vs intent to dwell 09:58 - Esmels first properties 13:45 - What do you think of the current housing market? 16:33 - The 2008 housing crash 17:10 - Whats your lending strategy to keep getting approved?  19:40 - How do you manage all those assets? 21:00 - How do you pick your tenants? 24:33 - Talk about persisence in real estate & your strategy 25:41 - Buying your first property off market 27:30 - Do you work with real estate agents or buy yourself? 30:43 - Elaborate on your lessons learned technique 34:28 - How to find sellers willing to sell to you and how do you obtain the funds? 37:14 - How to you get to the point where lenders are more open to approving your loans? 39:38 - What is 70% ARV? (After Repair Value) 45:41 - Esmel day to day looking at properties all day 46:46 - Whats the real estate culture like? 49:32 - There's no reason why you can't find your piece of the industry 51:05 - Have you looked into short term renting? 53:49 - Short term rentals are getting popular now 55:00 - What is something you're trying to Figure Out Now? 59:24 - Where to find Meeks! 

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Figuring Shxt OutBy Bunee Flacs & King Arthur