In this episode, host Axel Monsaingeon interviews Ishan and Sidd from Khobare Capital to uncover their remarkable journey from financial struggles to becoming successful real estate investors. They share their initial challenges, their unwavering determination, and the strategies they employed to build a thriving and diverse real estate portfolio.
Ishan and Sidd Khobare delve into their experience negotiating a real estate deal, offering valuable insights and lessons learned along the way. They highlight the importance of establishing a genuine connection with sellers and understanding their needs. Despite facing obstacles like a snowstorm, their persistence paid off as they successfully closed the deal, wholesaling it for a significant profit. The duo also discusses their effective deal flow strategies, including direct mail campaigns, driving for dollars, and networking to uncover potential leads.
Profit distribution in real estate deals takes center stage in the conversation as Ishan and Sidd share their insights on the factors influencing profit sharing. They shed light on the 50/50 split between the deal finder and the financing partner, while also addressing different approaches for buy and hold properties. Ishan and Sidd provide a comprehensive understanding of the financial aspects of a specific multi-family property and emphasize the significance of finding patient investors and maintaining a conservative approach in the current market climate.
For beginners seeking to embark on their real estate journey, this episode is packed with invaluable advice. Ishan and Sidd stress the importance of networking, attending events, and connecting with experienced mentors who can provide guidance and support.
Join Axel Monsaingeon and guests Ishan and Sidd Khobare, as they share their transformative real estate experiences, provide expert advice, and inspire listeners to achieve their own success in the world of real estate investing.
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What you will learn if you listen to the episode:
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Strategies for negotiating real estate deals and building genuine connections with sellers.
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Effective deal flow strategies, including direct mail campaigns, driving for dollars, and networking.
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Insights into profit distribution in real estate deals based on various factors.
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Financial considerations and the importance of finding patient investors.
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Navigating the current market conditions with a conservative approach.
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The significance of networking, attending events, and finding mentors in real estate investing.
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Taking massive action and learning from mistakes for accelerated growth.
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Building a supportive community of like-minded individuals.
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Overcoming analysis paralysis and taking calculated risks.
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The value of persistence, determination, and unwavering belief in achieving success in real estate.
Connect with Ishan and Sidd
Sidd - https://www.instagram.com/kidyounot_sid
Ishan - https://www.instagram.com/khobare.capital
Connect with Axel Monsaingeon:
Linkedin - https://www.linkedin.com/in/axel-monsaingeon-42577b28/
Real Estate Effect Web - https://www.realestateeffect.ca/
Facebook - https://www.facebook.com/realestateeffect/
Instagram - https://www.instagram.com/veryrealestateeffect/
Youtube - https://www.youtube.com/channel/UCc8EYrmO1aVvVIgwT7AfNFw