Brian Davila Show - Real Estate Investing, Building Wealth, Faith Based

Renting Section 8 | The Huge Profits & Big Mistakes with Brian Adamson


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Learn how Brian Adamson has accumulated over 120 rental units!
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Brian Adamson emphasizes the importance of learning about real estate from coaches and mentors. He focuses on acquiring properties that bring immediate cash flow, contrasting with Brian Davila's experience of owning over 30 headache-inducing rental properties.

Acquiring properties through relationships and credibility is highlighted. Brian Adamson suggests finding wholesalers through local Facebook groups, building relationships, and being very specific about your investment criteria. 

The episode delves into an example of analyzing a million-dollar apartment building, breaking down the required investment from investors, renovation costs, and strategies to provide the best returns to investors while increasing property value.

Brian Adamson cautions against the pitfalls of cheap properties, explaining that they can be more expensive in the long run due to various challenges.

Terms for buying apartments are discussed, with advice for beginners to have a sponsor with more experience during negotiations. Execution is highlighted as a key factor, with Brian Adamson stressing that none of the other details matter if you can't execute your plans.

The conversation addresses the importance of carefully selecting contractors and paying them for completed work. Brian Adamson teaches his students how to hire reliable people and invest remotely without encountering issues.

They discuss the prevalence of real estate gurus who profit more from education than actual investing. 

Choosing remote markets is explored, with Brian Adamson recommending free tools like bestplaces.net to understand market composition and make data-driven decisions. They discuss the significance of researching market demographics and looking for balanced markets.

Brian Adamson encourages aspiring investors to start with 1-4 unit properties to gain a well-rounded understanding of the real estate business.

Brian Adamson shares his 2024 goal of buying a hotel and emphasizes the importance of aligning goals with prayer. 

Brian Adamson reflects on his worst deal, a learning experience that led him to stress the importance of self-education and doing things the right way. He also mentions a free ebook available at iflipebook.com, offering insights into flipping remotely.

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If you would like to work with Brian on flips, wholesales, or coaching, check out this page - https://www.briandavila.co/home-7863

Follow Brian on Instagram - https://www.instagram.com/thebriandavila/

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Brian Davila Show - Real Estate Investing, Building Wealth, Faith BasedBy Wealthy Investor - Real Estate Investing, Real estate, Build Wealth, Faith Based

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