In this episode of the Be Someone Podcast, Michael Hong interviews Liuver, a successful real estate investor who shares his journey from starting in real estate to scaling his portfolio. Liuver discusses the importance of house hacking, finding off-market deals, building relationships, and the significance of mentorship in achieving success. He emphasizes the need for an abundance mindset and the lessons learned from navigating contractor relationships and making mistakes. The conversation concludes with Liuver's current projects and future goals in the real estate industry.

Takeaways

Liuver started investing in real estate in 2020.

House hacking is a popular strategy for first-time investors.

Having a mentor can significantly impact your success in real estate.

Liuver prefers to buy and hold properties rather than sell them.

Building relationships is crucial in the real estate business.

Finding off-market properties can lead to better deals.

Networking with new wholesalers can be beneficial for investors.

Mistakes in real estate can be costly, but they are also learning opportunities.

Liuver has scaled his portfolio to 60 doors across 30 properties.

The importance of having an abundance mindset in business.

Chapters

00:00 Introduction to Liuver's Journey

03:35 House Hacking and First Investment

06:30 The Power of Mentorship

09:30 Transitioning to Off-Market Deals

12:35 Finding Off-Market Properties

15:34 Building Relationships in Real Estate

18:37 The Importance of Networking

21:40 First Off-Market Deal Experience

24:33 Current Portfolio and Business Strategy

30:50 Creative Financing Strategies

33:15 Transitioning to Full-Time Investing

34:45 Understanding the 70% Rule

39:21 Finding and Managing Contractors

46:19 Learning from Mistakes and Mentorship

53:06 The Importance of Partnerships

56:16 Influential Books and Mindset

How to Get in Touch with Liuver:

https://www.instagram.com/liuver.sanudo/

https://www.youtube.com/@Liuver.Sanudo

https://blinq.me/f4eAjy35gYSIj0tJvL7x - Blinq Card with other links and Facebook

If you want to talk about deals or if you have deals in Houston area, DM Michael Hoang on his Instagram: @michaelbesomeone or shoot him a message at

832-301-9672 (text first before calling)