Real Estate Investing with RealDealCrew

This week Josh talks with Mat Sorensen about leveraging your retirement account to buy real estate.

tax advantages

the process and timeframe

invest in what you know

For more information check out Mat's company at https://directedira.com/

Interested in Turnkey Rental Properties? Head over to FargoTurnkey.com for more information.

Today's episode was inspired by a recent Facebook post by Luke Weber, author of The Flipping Blueprint. "If I bought a $100 bill for $30, does that make it only worth $30?"

Scarcity vs abundance mindset

Do you care what someone else is making?

Do you only care what the value is to you?

This comes up between wholesalers/investors often

If you knew what the other party was going to make would that affect your feelings on the value of the deal?

Today's episode was inspired by a recent Facebook post by Luke Weber, author of The Flipping Blueprint. "If I bought a $100 bill for $30, does that make it only worth $30?"

Scarcity vs abundance mindset

Do you care what someone else is making?

Do you only care what the value is to you?

This comes up between wholesalers/investors often

If you knew what the other party was going to make would that affect your feelings on the value of the deal?

Today Josh talks to McKenzy Olson and Bill Leier from local developer Epic Companies. Check them out at epiccompaniesnd.com. They talk about the development side, the leasing of commercial space, their residential business, and how they can benefit local and national investors.

We've put a lot of effort into providing useful content and if you've found value in the show, and have any interest in supporting us with a small donation, head over to https://www.patreon.com/reirookies

We hit episode 100! and take the opportunity to chat, once again, about mindset and taking our own advice.

surround yourself with like-minded people

continue with your education

mentorship

fill your mind and time positive information

plan and execute

We've put a lot of effort into providing useful content and if you've found value in the show, and have any interest in supporting us with a small donation, head over to https://www.patreon.com/reirookies

I had the absolute pleasure to speak with Mitch Stephen who has purchased well over 1000 houses in and about his hometown of San Antonio, TX.

Today he specializes in owner financing properties to individuals left behind by traditional lending institutions.

He has perfected a method of achieving cash-flow without having to be a landlord and without having to rehab properties.

Find Mitch at 1000houses.com and on this podcast Real Estate Investor Summit

Spoiler Alert! The title of this episode spoils the plot of this episode. You can't eliminate risk in Real Estate Investing all you can do is reduce it as much as possible.

We've put a lot of effort into providing useful content and if you've found value in the show, and have any interest in supporting us with a small donation, head over to https://www.patreon.com/reirookies

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Driving for Dollars is an old strategy that most real estate investors have used over the years. David Lecko has developed the DealMachine app to find off-market deals, automated direct mail campaigns, get in touch with the owner, and have your leads managed...in just 10 seconds.

We tackle a listener question on today's show. "Mmy partner and I are looking into writing offers and hope to write many as that's how we will eventually secure deals, but I wanted to ask, when you started out did you prefer having an agent (I know in the past you would mention having your agent write up a deal) or did you present most offers without an agent?"

We chat about:

Networking

Interview and meet agents

MLS offers vs direct to seller

Defining your "profitable offers"

Zach is part of the Smart Real Estate Coach family, located in Newport, Rhode Island. He is a successful real estate investor, completing over 100 deals in under 3 years, and continues to buy and sell property without using his own cash, credit, or investors' money. Zach is co-authoring their second book, coming out in early 2019: The New Rules of Real Estate Investing