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Steve Franco from Kingston, Pennsylvania shares insights into real estate investing, drawing from his background in lending, investing, brokerage, and coaching. He talks about mistakes investors often make when analyzing deals, such as relying on inaccurate repair estimates or overlooking contract management, and suggests working with professional teams for better results. Steve also recommends using conservative financial projections and understanding the difference between cash-on-cash return and cap rate. The conversation includes thoughts on Pennsylvania’s new wholesaling law and the use of private lending and creative financing strategies.
By Pete ThorpeSteve Franco from Kingston, Pennsylvania shares insights into real estate investing, drawing from his background in lending, investing, brokerage, and coaching. He talks about mistakes investors often make when analyzing deals, such as relying on inaccurate repair estimates or overlooking contract management, and suggests working with professional teams for better results. Steve also recommends using conservative financial projections and understanding the difference between cash-on-cash return and cap rate. The conversation includes thoughts on Pennsylvania’s new wholesaling law and the use of private lending and creative financing strategies.