Live Q&A - Finding Profitable Investments, Wholesaling MLS Properties, Lead Follow-Up, and Investing in High Crime Areas

Investor Cheat Code Podcast with Mike Simmons

English - June 30, 2022 07:30 - 34 minutes - 35.7 MB - ★★★★★ - 241 ratings
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Previous Episode: From Failed Flip To Huge Real Estate Success with Nasar El Arabi

Next Episode: How to Utilize Mentors to Launch Your Business with Omni Casey

Welcome to this version of the Just Start Real Estate Podcast! I am excited to bring you another replay of my Live Question and Answer sessions. For those people that are unable to join us live, this will provide an opportunity to hear the awesome questions I am fielding about business, taking risks, real estate, and so much more!

This presentation is the live Q&A that I did the week of June 15th and each Thursday we will offer you another chance to take advantage of listening to the answers to our guests’ fabulous and compelling questions! Don’t miss this new episode of the Just Start Real Estate Podcast!

Notable Quotes:

“Getting leads is #1.”

“Direct mail is how I have gotten the majority of my leads over the last seven years.”

“Take my hindsight and lessons learned and make them your foresight.”

“It is not typical to have every deal you evaluate look like a bad deal.”

“The biggest garbage excuse I hear is ‘there are no deals.’”

“You can get a deal in any market.”

“Just because it is doable doesn’t mean it should be done.”

“If I live in San Diego, I might buy rentals in Michigan.”

“You may have to leave your market to find deals that are profitable and cash-flowing.”

“I think following up a lead is something new investors underestimate or undervalue.”

“One of the drawbacks to investing in high crime areas is not being able to find consistent renters.”