Building a real estate portfolio in 2023 isn’t as easy as it used to be. Without the free-flowing deal flow of the past decade, real estate investors need to try more intelligent strategies to snag properties that can help them reach financial freedom. To help them hit their goals, expert investors David Greene and Rob Abasolo have been coaching a small group of real estate mentees on their journey to build a robust property portfolio. Over the past three episodes, we’ve seen them build their buy boxes, decide on markets, formulate offers, and level up their investor skills. At the end of this ninety-day journey, our mentees have made some profound revelations.
We start with Philip, who’s been struggling to find a worthwhile campground to get under contract. He’s been able to wrangle in a deal, but it comes with “hairy” circumstances that could allow him more bargaining power when negotiating with the seller. Next, Wendy is back on her hunt for a house hack. After viewing potential properties in the Las Vegas area, she’s had to pivot her investing strategy to tackle something that comes with lower costs. And finally, Danny joins us to talk about two “offensive” offers he made and the “pickle jar” method that investors should know about before negotiating with a seller.
All of the mentees have made MASSIVE strides in their real estate investing journeys, but what comes next is entirely up to them. Stick around to hear how they got ahead of the game, what made the most significant difference in their property searches, and how they’re gearing up to tackle even bigger deals throughout 2023!
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Listen to Part 1, 2, and 3 of Our Mentee Episodes:
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Part 2: 3:
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Connect with Our Mentees:
Danny:
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Instagram: @investoronfire or
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Philip:
Instagram: @the_educated_investor or
Website:
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Wendy:
BiggerPockets:
Instagram: @wendysc_invests or
LinkedIn:
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Connect with Rob (Robuilt) on YouTube, Instagram, TikTok, and Twitter:
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David:
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@davidgreene24 or
@biggerpockets or
Episode #727
Show notes at:
00:00 Intro
02:21 Quick Tip
03:16 Philip's "Hairy" Deal Under Contract
11:07 Next Steps
12:15 Wendy's Property Search Pivot
21:54 Next Steps
24:25 Danny's "Pickle Jar" Multifamily Offer
30:04 Next Steps
35:03 Lessons Learned from the 90-Day Sprint
43:35 Connect with the Mentees!
Recommended Reading >> bit.ly/32kRpzw
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