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Episode 18: Getting Deals Done: Real Estate Investing Journey Part 1
Welcome to Point of More Returns with your hosts: The Masked Investor and WEALTHfaire. In episode 18 the co-hosts discuss our recent real estate investments:
- How I lost thousands of dollars on a deal and why I had to walk away
- How I bounced back from the loss to close a different deal
- Strategies and tools to reduce investment mistakes
- Thoughts on long distance investing
- Details of the newly closed deal
Disclaimer: Always seek investment advice from a licensed investment professional that has done a thorough analysis of your situation, goals, risk tolerance, etc. before making investment decisions. The topics discussed are our opinions and should not be taken as investment advice.
Intro - 00:05
Episode Description - 00:39
Walking away from a deal with thousands left on the table – 1:12
Warning signs the deal could go bad – 5:28
How I try to reduce investment mistakes – 10:15
Thoughts on long distance RE investing – 13:25
In hindsight, what would I do differently with this deal – 16:58
Closing the new deal – 19:00
Why this property was selected – 21:16
Foreshadowing problems with the deal – 26:53
Next steps after closing – 30:12
Outro – 31:30