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The REAL Questions

The REALisation Coach

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This is a podcast of life’s biggest questions, and hopefully some answers, on the meaning of life and how to get the most from it. From how to be a good Father and Husband to transcendental meditation to ‘What is the best bourbon for an old fashioned?’ When great minds get together great things happen. Come and get involved!
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Welcome to “Questions New Real Estate Investors Ask” a podcast where new investors ask pressing questions that they need to know. Your host Michael Del Prete with his 10 years of experience and 600 closed transactions answers these questions during his beginner's networking group at the largest real estate investing association in the nation. 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 few ...
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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! 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐖𝐞 𝐂𝐨𝐯𝐞𝐫: 4:45 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐎𝐍𝐄: What are some of the biggest challenges, that you guys come across when purchasing, flipping? 7:54 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐖𝐎 How do you guys budget for a surprise expense? 10:3…
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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! 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐖𝐞 𝐂𝐨𝐯𝐞𝐫: 11:42 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐎𝐍𝐄: Top things to look for when looking into a new market? 15:39 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐖𝐎 I am trying to wholesale a property, but found out there are foundation issues with an i…
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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! 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐖𝐞 𝐂𝐨𝐯𝐞𝐫: 02:29 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐎𝐍𝐄: Any quick advice on mobile home parks. 19:41 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐖𝐎: Discussing seller insurance? 27:32 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐇𝐑𝐄𝐄: What are some other ways you got rid of squatters? 3…
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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! 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐖𝐞 𝐂𝐨𝐯𝐞𝐫: 05:26 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐎𝐍𝐄: What type of expenses are different from Phoenix to Cleveland that you saw? 13:12 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐖𝐎: What are your thoughts? I go to my fourth property but I don't hav…
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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! 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐖𝐞 𝐂𝐨𝐯𝐞𝐫: 02:36 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐎𝐍𝐄: What is investing out of state? 3:36 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐖𝐎: What are the Pros of investing out of state? 8:59 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐇𝐑𝐄𝐄: What are the Con's of Investing out of state …
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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! 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐖𝐞 𝐂𝐨𝐯𝐞𝐫: 01:33 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐎𝐍𝐄: Is Indiana is a good state to invest in good landlord laws? 10:55 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐖𝐎: How long do you wait on a contractor to provide estimates before searching for oth…
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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! 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐖𝐞 𝐂𝐨𝐯𝐞𝐫: 00:25 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐎𝐍𝐄: Any advice on searching for a good property manager out of state? 03:46 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐖𝐎: How do you monitor that tenants are paying the utilities so that there isn't…
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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! 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐖𝐞 𝐂𝐨𝐯𝐞𝐫: 01:53 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐎𝐍𝐄: What do you do with the fire damage properties you come across? 09:42 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐖𝐎: When you are investing in multiple markets, are you using different property m…
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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! 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐖𝐞 𝐂𝐨𝐯𝐞𝐫: 02:24 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐎𝐍𝐄: How did you personally get started? I mean, realtor, but low on cash. What would we recommend in that sphere of influence? properties? 06:23 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐖𝐎: What wo…
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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! 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐖𝐞 𝐂𝐨𝐯𝐞𝐫: 01:09 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐎𝐍𝐄: With the market being this warm, have you wholesale anything to a cash buyer near or at the Zestimate price? 02:34 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐖𝐎: Will you elaborate Opendoor and O…
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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! 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐖𝐞 𝐂𝐨𝐯𝐞𝐫: 01:09 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐎𝐍𝐄: With the market being this warm, have you wholesale anything to a cash buyer near or at the Zestimate price? 02:34 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐖𝐎: Will you elaborate Opendoor and O…
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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! 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐖𝐞 𝐂𝐨𝐯𝐞𝐫: 02:36 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐎𝐍𝐄: I want to hear about the ugly side what missteps should I look out for? 12:10 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐖𝐎: When you find properties, do you base it off a cap rate? 14:04 𝐐𝐔𝐄𝐒𝐓𝐈𝐎…
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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! 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐖𝐞 𝐂𝐨𝐯𝐞𝐫: 00:28 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐎𝐍𝐄: What's your opinion on real estate if inflation remains high from all the printing of money. 01:16𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐖𝐎: Other than the basic management vacancy, CapEx, an…
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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! 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐖𝐞 𝐂𝐨𝐯𝐞𝐫: 00:57 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐎𝐍𝐄: I'm curious about the VA's that you have over in Mexico. Do you outsource them or in what way I can get some as well? 07: 40 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐖𝐎: How do you know it's a …
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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! 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐖𝐞 𝐂𝐨𝐯𝐞𝐫: 0.52 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐎𝐍𝐄: Do you suggest starting in your own backyard or go virtual? 3:30 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐖𝐎: About the call center in Mexico: Are you using just callers to market, direct mail, …
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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! 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐖𝐞 𝐂𝐨𝐯𝐞𝐫: 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐎𝐍𝐄: How would you recommend or advise new wholesalers to differentiate themselves and their position in the marketplace from a seasoned investor? 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐖𝐎: How to do sk…
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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! 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐖𝐞 𝐂𝐨𝐯𝐞𝐫: 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐎𝐍𝐄: Do you send blind offers yourself or do you only give offers when you have talked to somebody beforehand? 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐖𝐎: Have you done any syndication before? What kind …
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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! 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐖𝐞 𝐂𝐨𝐯𝐞𝐫: 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐎𝐍𝐄: How to evict a tenant? 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐖𝐎: How to do fix & flipping? 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐇𝐑𝐄𝐄: Do you know any hard money lenders? 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐅𝐎𝐔𝐑: How to start over from scratch or with…
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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! 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐖𝐞 𝐂𝐨𝐯𝐞𝐫: 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐎𝐍𝐄: How can I locate a deal in a competitive market where demand is high and supply is very low? Based on your experience is the Phoenix market super hot and it needs to co…
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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! 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐖𝐞 𝐂𝐨𝐯𝐞𝐫: 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐎𝐍𝐄: How much earnest money do you typically put down? 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐖𝐎: Did you open an escrow or just hold the money? 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐇𝐑𝐄𝐄: What forms of marketing have brought you …
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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! 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐖𝐞 𝐂𝐨𝐯𝐞𝐫: 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐎𝐍𝐄: Rebuilding Insurance: What do I want my rental loss to be? 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐖𝐎: How do I find a property that starts to go into foreclosure? 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐇𝐑𝐄𝐄: In driving for dol…
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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! 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐖𝐞 𝐂𝐨𝐯𝐞𝐫: 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐎𝐍𝐄: Wholesaler deals are they profitable? 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐖𝐎: Do you benefit from subgroups and books about wholesaling? 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐇𝐑𝐄𝐄: What are your inputs about the market in …
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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! 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐖𝐞 𝐂𝐨𝐯𝐞𝐫: 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐎𝐍𝐄: In the early years of your Real Estate journey, who is your inspiration? 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐖𝐎: What contracts do you use now? 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐇𝐑𝐄𝐄: In terms of selling: Do you think …
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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! 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐖𝐞 𝐂𝐨𝐯𝐞𝐫: 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐎𝐍𝐄: I like to know more about the subject 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐖𝐎: How much more would we be giving to the existing homeowner? Are there any thoughts you have on that? 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐇𝐑𝐄𝐄:…
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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! 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐖𝐞 𝐂𝐨𝐯𝐞𝐫: 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐎𝐍𝐄: What are some of the biggest challenges to watch out for when investing out of state? 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐖𝐎: Did you happen to go out and see the property? 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐇𝐑𝐄𝐄: In wh…
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Are you an investor who just starting off? or maybe never done a deal? Then, this podcast is for you! I will help you clear your doubts & start your Real Estate Journey. 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐖𝐞 𝐂𝐨𝐯𝐞𝐫: 07:53 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐎𝐍𝐄: I want to give it to someone for a fixed interest rate. I just want to know what the procedure is. 08:16 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐖𝐎: Do you know the inter…
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I understand, new investors face seemingly endless questions, are you an investor who just starting off? or maybe never done a deal? Then, this podcast is for you! I will help you clear your doubts & start your Real Estate Journey 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐖𝐞 𝐂𝐨𝐯𝐞𝐫: 57.15 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐎𝐍𝐄: When you do a cold call, can you run through what you say, how you introduce yo…
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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! 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐖𝐞 𝐂𝐨𝐯𝐞𝐫: 07:56 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐎𝐍𝐄: Can you recommend a business partner/coach/mentor that can help me get started just like how you started? 11:38 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐖𝐎: Pre-foreclosure Scenario. 16:49 𝐐𝐔𝐄𝐒…
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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! 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐖𝐞 𝐂𝐨𝐯𝐞𝐫: 01:16 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐎𝐍𝐄: I do need help with the plan because I'm trying to balance this new reality. What should I do? 07:17 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐖𝐎: For the inspections period, you use 14 business…
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Now that you have arrived, your real estate investing journey can now begin! 𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐖𝐞 𝐂𝐨𝐯𝐞𝐫: 00:59 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐎𝐍𝐄 I don't know if it's analysis paralysis, should I use a bumper or should I go ahead and call these people? 17:56 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐖𝐎 If I'm hesitant about making calls what should I do and say? 21:00 𝐐𝐔𝐄𝐒𝐓𝐈𝐎𝐍 𝐓𝐇𝐑𝐄𝐄 The real estate agent I'm …
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