Episode #21: Questions New Real Estate Investors Ask w/ Michael Del Prete

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Are you an investor who just starting off? Or maybe never done a deal? Now that you have arrived, your real estate investing journey can now begin!

๐๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐–๐ž ๐‚๐จ๐ฏ๐ž๐ซ:
  • 11:42 ๐๐”๐„๐’๐“๐ˆ๐Ž๐ ๐Ž๐๐„: Top things to look for when looking into a new market?
  • 15:39 ๐๐”๐„๐’๐“๐ˆ๐Ž๐ ๐“๐–๐Ž I am trying to wholesale a property, but found out there are foundation issues with an inspection I have to renegotiate with the seller's advice.

  • 17:16 ๐๐”๐„๐’๐“๐ˆ๐Ž๐ ๐“๐‡๐‘๐„๐„: Do you guys start using hard money when you first started?

  • 18:30 ๐๐”๐„๐’๐“๐ˆ๐Ž๐ ๐…๐Ž๐”๐‘ How do you build up capital to start in this business?
  • 19:46 ๐๐”๐„๐’๐“๐ˆ๐Ž๐ ๐…๐ˆ๐•๐„ Are you guys investing in properties out of state or in the state you're in?

  • 22:51 ๐๐”๐„๐’๐“๐ˆ๐Ž๐ ๐’๐ˆ๐— How are you finding the deals that you're purchasing?

  • 24:09 ๐๐”๐„๐’๐“๐ˆ๐Ž๐ ๐’๐„๐•๐„๐ Can you elaborate on the BRRRR method and have a private investor, but finance the renovation?

  • 29:28 ๐๐”๐„๐’๐“๐ˆ๐Ž๐ ๐„๐ˆ๐†๐‡๐“ Would you suggest having two property managers or more?
  • 30:51 ๐๐”๐„๐’๐“๐ˆ๐Ž๐ ๐๐ˆ๐๐„ Do you guys have a mentor program?

  • 31:36 ๐๐”๐„๐’๐“๐ˆ๐Ž๐ ๐“๐„๐ What are your thoughts on a primary residence or buy and hold investment properties first

  • 35:42 ๐๐”๐„๐’๐“๐ˆ๐Ž๐ ๐„๐‹๐„๐•๐„๐ How are you finding deals that you are purchasing?
  • 36:17 ๐๐”๐„๐’๐“๐ˆ๐Ž๐ ๐“๐–๐„๐‹๐•๐„ Is there any way you guys look for shifts in markets coming?

~~

This podcast is a Live Q&A recording from a real estate investing association. This class is catered to aspiring investors who have closed three or fewer real estate transactions. Michael answers a wide range of questions covering the basics of wholesaling, land lording and fix and flipping, and much more. Michaels purpose of this class is to help new investors find their own investor identity and give them a solid foundation to build on as they grow their real estate businesses.

Listen to the full episode as this episode will help you to find your own investor identity and give them a solid foundation of information and resources to build on as they grow their real estate businesses.

Stay Tuned and learn more...

Enjoy the show!

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