The IDEAL Investor Show: The Path to Early Retirement

Episode 21: Truths about Real Estate Developing with Adit Shah


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More on YouTube? Check the video version at https://youtu.be/BhAPnHpx4d8


Who is the Guest?

Adit Shah, The Housebender, exited the military 2 years ago with large ambitions but no plans. He discovered BiggerPockets, where he found a real estate developer who was active in the San Diego area. Adit offered to work for him for free as a handyman and that turned into helping manage all of his properties (40 doors), private lending, partnering, and managing his projects. 

As a partner, principal, lender, or manager he has been involved in SFR/MFR flips, property management, Subdivisions, new construction, private lending, and more! He also has used his VA loan for 2 six-figure exits - $103k, $310k (proof available upon request). Adit is passionate about transforming houses into homes and spreading the world about how impactful real estate has been for his life.


Quotes:

“Don't cheap out on anything”


Timeline:

00:00 Intro

00:30 Sponsor: Foliolens

01:13 Navy talk with Adit Shah

05:09 How any beginner from the military can start in real estate

07:16 What does a real estate developer do?

08:25 Conditions on improved land for Real Estate Investing

12:38 The property management side of the real estate developing

14:51 How do I maintain a reasonably predictable cash flow?

18:32 Should you include warranties when buying fixtures?

23:54 How to get the best deal in a high-priced market?

28:04 Investor Q&A: Do you have someone you admire or would love to meet? And if so, who is it and why?

30:37 Investor Q&A: If you had a time machine, where would you go and why?

33:55 How to reach out to Adit Shah

Mentions:

  • Mindset Manual
  • GI Bill
  • Terminology explained
  • Single-family zoning
  • Preventive Maintenance
  • Wear and tear
  • Fixtures (doorknobs, faucets)
  • Rheem Water Heater vs Home Depot Water Heater Warranties


Start taking action right NOW!

  • Goal-setting the right way! 
  • Hesitant to make the first step towards real estate investing? Axel learned the hard way- but you DON’T have to start that way. Feel free to talk to him :)

Connect with us through social! We’d love to build a community of like-minded people like YOU!

Any questions?

***

Start taking action right NOW!
🔥 Need help creating LLC in the US https://cutt.ly/nrDZVnHu
🔥 Ask all your real estate questions 1-on-1 https://cutt.ly/FrDZMefv
🔥 Guide to owning SFH investment within one year #onehomeatatime https://cutt.ly/rrDZ9Rh1


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The IDEAL Investor Show: The Path to Early RetirementBy Axel Meierhoefer

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