The Academy Presents podcast

How To Pivot When Financing Becomes Difficult with Rob Beeman


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Rob Beeman, a former decade-long flipper, lender, and REIknowledge.com Brand Ambassador, along with other willing and seasoned contributors, utilize this media platform to share with others, at no cost to them, this information that can hopefully save time, save money, reduce mistakes, and create opportunities for their real estate investing activities. They say that knowledge is power. Imagine how much more can be accomplished if you knew what others that have already accomplished what you seek to know, and most importantly, are willing to share it.

In this episode, Rob shares how important it is to have a solid system in place if you want to be successful. He talks about how it’s important to know your market, which means understanding what types of properties are selling well right now and targeting those neighborhoods. Next, it’s important to have a strong network of professionals in your field. This includes contractors and lenders who can help you get your property rehabbed quickly and affordably. He advises listeners to stay ahead of the curve by using technology to their advantage by using online tools so that investors can get a better sense of what’s happening in their market and make smart decisions based on that information. To learn more about Rob and his work, listeners can visit his website!

[00:01 - 07:22] How To Join A Network And Find Investors

  • Rob talks about how he has been able to network and find vendors for residential and commercial projects

[07:23 - 19:17] How To Pivot When Financing Becomes Difficult

  • One of the lessons learned is that it is important to have relationships with vendors, such as plumbers and electricians, in order to be able to get repairs done more quickly
  • It is important to network and connects with other real estate investors in order to find opportunities for buying or selling properties
  • He discusses how he was able to successfully renovate and sell housing during a difficult market
  • He was able to pivot when it became difficult to find financing for his buyers
  • He provides valuable resources and contracts in his free newsletters

[19:18 - 23:04] Closing Segment

  • Rob shares his advice on how to find rental properties, as well as how to subscribe to the newsletters for more useful information on his website!

Tweetable Quotes:

“It's interesting how one thing leads to another and how sometimes you get the door slammed in your face and you think crap, but then you step back and you find a window that was much better than the doorway ever was anyway.” – Rob Beeman

“I pivoted two different directions whenever it became difficult to flip because it became difficult for people to qualify to get financing, and that's what drives the flipper. By the way, your buyer's financing is what drives your sale.” – Rob Beeman

Connect with Rob through his:

Website: https://www.reiknowledge.com/

LinkedIn: Rob Beeman

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The Academy Presents podcastBy Angel Williams