Ep 38 - Finding the Right Properties for Profitable Flips
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On this episode of The Marty Grizzanti Show, we delve into the world of real estate flipping and investment strategies. Together with Mark and Ronnie, we'll share valuable insights and experiences from our journey in the industry. From targeting specific neighborhoods for flips to focusing on cosmetic renovations, we explore ways to maximize profits while minimizing risks. We also discuss the importance of building relationships with lenders and understanding financing options. We discuss the significance of thorough due diligence and research before investing. Additionally, we touch on our venture into commercial real estate and the importance of building a reliable team of professionals. Whether you're a seasoned investor or just starting out, this episode provides valuable advice and strategies for success in the real estate market. Tune in and learn how to navigate the world of real estate flipping and investment.
Episode Highlights:
(02:35 "Finding, fixing, and selling for maximum profit."
(04:51) Buy the Real with pessimists, then optimists.
(07:09) Buy in the right area, find discounts.
(10:07) Virtual real estate deals, selling to flippers.
(15:39) Be selective, focus on specific renovations.
(18:41) Marketing-focused strategy allows for selective investments.
(21:43) Twelve flips a year, starting small pays off.
(25:15) Market research crucial for successful property investment.
(30:53) Cash is key to getting good deals.
(32:41) Building relationship with lender, seeking specific terms.
(38:06) Expensive lender with benefits; closes deals quickly.
(39:35) Partner with experienced individuals for successful endeavors.
Connect with Marty!
Website https://www.webuyhomesroc.com/
Facebook https://www.facebook.com/mjgrizzanti
YouTube: / @martygrizzanti1663
Connect with:
Mark Monroe: https://linktr.ee/markmonroe
Ronald Walker: https://linktr.ee/Ronniewalker
64 episoder