5 Essential Tips to Avoid Costly Mistakes When Bidding on Auction Properties
W2 Capitalist | For BRRRR-ing, Married, Busy Parents
Release Date: 11/08/2024
When Pigs Fly (Into Your Property): Lessons from Unexpected Surprises in Real Estate
W2 Capitalist | For BRRRR-ing, Married, Busy Parents
Ever had a property experience that left you shaking your head in disbelief? In this episode, we dive into a hilarious yet eye-opening story about how a couple of pot-bellied pigs decided to make themselves at home on our apartment complex property, leading to unexpected challenges and expenses. Join me as I recount my conversation with the sheriff's office and the chaos that ensued when these unwelcome guests turned a routine maintenance request into a muddy situation. Through this wild tale, we'll explore the unpredictability of real estate management, the importance of patience and...
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Embracing Resilience: Lessons from Our Veterans for Busy Parent Investors
W2 Capitalist | For BRRRR-ing, Married, Busy Parents
On this Veterans Day, we reflect on the incredible resilience and grit demonstrated by our veterans and how their experiences can inspire us as busy parents and real estate investors. Juggling family, work, and the pursuit of a better legacy can often feel overwhelming, especially when challenges arise—like deals falling through, unexpected repairs, and balancing the demands of parenthood. In this episode, we explore the parallels between the dedication of our veterans and the perseverance required in the world of real estate investing. Discover how to cultivate resilience in your investment...
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5 Essential Tips to Avoid Costly Mistakes When Bidding on Auction Properties
W2 Capitalist | For BRRRR-ing, Married, Busy Parents
Thinking about diving into the world of auction properties? Before you place your bid, listen to this episode! We’re sharing five essential tips that every investor needs to know to avoid costly mistakes when bidding on auction properties. From understanding the property's true condition to knowing the auction rules and securing financing, we break down the key factors that will empower you to make informed decisions. With insights into how to research titles and set a maximum bid, you’ll be better equipped to navigate the auction landscape confidently. Whether you're considering using the...
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W2 Capitalist | For BRRRR-ing, Married, Busy Parents
Ever wondered how a single moment can change the course of your life? In this episode, I share the story of how getting laid off from my 9-to-5 job four years ago turned out to be a blessing in disguise. While it felt like a setback at the time, it forced me to reevaluate my priorities and ultimately led me to a more fulfilling life. Join me as I reflect on the meaningful experiences I’ve gained since leaving that job—spontaneous family trips, the flexibility to attend my kids’ games, and the freedom to create lasting memories. I’ll discuss how stepping out of my comfort zone and...
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Top 3 Reasons Why Contractors Have Cash Flow Management Issues and How to Avoid Them
W2 Capitalist | For BRRRR-ing, Married, Busy Parents
Have you ever been caught off guard by a contractor demanding payments? In this episode, we dive into the top three reasons contractors often ask for money before completing a job—and why you should approach these requests with caution. Cash flow management is key to successful real estate investing, and understanding how to handle contractor payments can save you time, money, and headaches. I’ll share my proven strategies for negotiating payments that protect your investments while ensuring your projects stay on track. From setting clear payment milestones to holding back the final...
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W2 Capitalist | For BRRRR-ing, Married, Busy Parents
With the election almost behind us, it’s time to shift your focus back to what truly matters—building your real estate portfolio! Many investors find themselves pausing, waiting for the dust to settle before making their next move. But in reality, there will always be something on the horizon to distract us. In this episode, we'll discuss why it’s crucial to refocus on your long-term wealth-building goals regardless of the election outcome. While others may be sidetracked by political drama, you have a unique opportunity to take action, find deals, and strengthen your investment...
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What Real Estate Investors Can Learn from Retailers' Christmas Before Halloween Strategy
W2 Capitalist | For BRRRR-ing, Married, Busy Parents
Have you noticed how retailers are already shifting their focus to Christmas before Halloween is even over? In this episode, we dive into this genius marketing strategies that allow stores to capitalize on early holiday cheer, transforming the shopping experience into a prolonged celebration. We'll explore how this trend reflects consumer psychology, allowing retailers to boost sales by creating an extended holiday shopping window. But the lessons don’t stop there—just like retailers, real estate investors can benefit from early preparation and strategic positioning in the market. As we...
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Are Borrowers and Wholesalers Colluding? A Look Behind Assignment Fees
W2 Capitalist | For BRRRR-ing, Married, Busy Parents
Have you ever wondered if borrowers and wholesalers team up to inflate assignment fees? In this episode, we dive deep into this critical question and explore the implications for real estate investors. While most of our lending at W2 Cap Capital is to trusted members of the W2 Capitalist Community, the reality is that this unethical practice can happen, and it’s something we need to be vigilant about. We discuss why some borrowers and wholesalers may collude to raise fees, the potential risks involved, and how inflated assignment fees can impact your bottom line. Learn how we, as lenders,...
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Conquering the Spookiness of the BRRRR Process: Your Ultimate Investment Strategy
W2 Capitalist | For BRRRR-ing, Married, Busy Parents
Feeling scared of the BRRRR process? You’re not alone! As Halloween brings out all things spooky, it's the perfect time to tackle the fears many investors have about the BRRRR strategy—buying, rehabbing, renting, refinancing, and repeating. In this episode, I share my journey from being intimidated by the BRRRR process to discovering its power as an investment strategy. With the right knowledge and a solid support team, what seems overwhelming can become manageable. Learn how to break down each step of the BRRRR process, dispel common fears, and make informed decisions that can lead to...
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Realtors Are 100% The Real Reason Why Properties Don't Sell
W2 Capitalist | For BRRRR-ing, Married, Busy Parents
When a property lingers on the market without selling, who’s truly to blame? While many might point to market conditions or buyer preferences, I argue that realtors bear 100% of the responsibility. In this episode, we dive into the crucial role realtors play in the selling process and why their actions—or lack thereof—can make or break a sale. Join me as we explore three key factors that determine a property's success: effective marketing, strategic pricing, and dedicated effort. Learn why modern marketing techniques, accurate pricing strategies, and consistent communication are...
info_outlineThinking about diving into the world of auction properties? Before you place your bid, listen to this episode! We’re sharing five essential tips that every investor needs to know to avoid costly mistakes when bidding on auction properties.
From understanding the property's true condition to knowing the auction rules and securing financing, we break down the key factors that will empower you to make informed decisions. With insights into how to research titles and set a maximum bid, you’ll be better equipped to navigate the auction landscape confidently.
Whether you're considering using the BRRRR method with an auction property or simply looking for the best investment opportunities, this episode will guide you through the process and help you avoid common pitfalls. Tune in and prepare to bid smartly!
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