Dec 17, 2018
Getting started in real estate is always a huge jump compared to a normal, 9-5 career. There are a lot of hurdles along the way and the fear of losing money never really goes away until you’ve been in the business long enough. These are the fears that prevent Logan and Katy Ross, a young couple in Benton, Kentucky, from becoming full-fledged investors.
Today, Logan and Katy join me today to learn tips about financing your business and how to almost always guarantee profitability. I explain why private lending is better than taking a loan and the formula my team and I use in estimating cost. I discuss reasons why wholesaling is best when it comes to your first few projects and how to dominate the market they’re in. I also share some tips on how to make yourself attractive to private lenders as well as how to deal with family members as business partners.
“It doesn't matter how profitable a project could be if you're not capable of getting to the finish line.” - Don Costa
On Today’s Episode of Flip Talk:
Don’s Tips for Getting into Real Estate Investing:
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