Constructing New Short Term Rentals - Baskal Korkis

Mailbox Money Show

English - May 02, 2023 16:00 - 31 minutes - 28.6 MB - ★★★★★ - 82 ratings
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Today's guest, Baskal Korkis, is a visionary entrepreneur, financial specialist, and prominent real estate investor, who learned about real estate at the young age of 14. With five years of dedicated study, he purchased his first property, and by the age of 23, his portfolio had grown to 10 buildings. Today, Baskal owns 16 buildings in the Tampa Bay region of Florida, located in the best locations. He attributes his achievements to his hard work ethic, unwavering dedication to honing his craft, and an unparalleled passion for success.

Baskal educates like-minded individuals about wealth-building opportunities that offer passive income and tax savings through KOR Capital Fund. The fund offers a diverse range of investments, including crypto, real estate, and green energy, to balance return and tax savings. Baskal is also actively involved in the operations of his own mortgage company, accounting firm, insurance agency, and construction, property management & rental company. These synergistic establishments work together to facilitate each of his deals, creating a seamless process that saves Baskal and his fellow investors invaluable time and money.

In this episode, Baskal shares his real estate journey, from taking a risk on leaving a job for something uncertain, to surrounding himself with the right people to help him achieve his goals. He discusses the importance of having the right team and achieving balance when managing multiple businesses. Additionally, Baskal talks about the advantages of having long and short-term rentals in his portfolio. Tune in to this episode to gain valuable insights and learn from Baskal's experience in the real estate industry.

TIMESTAMPS

00:53 - Guest Introduction: Baskal Korkis

01:58 - Baskal’s story and how he got started in real estate

08:31 - Leaving a job for something uncertain

11:14 - Being around the right people

14:14 - Spreading yourself thin on businesses

17:30 - Advantages of having long and short term rentals

20:02 - In house property management for long and short-term rentals

21:12 - Buying existing buildings and making new builds

24:33 - One thing to be excited about in the market

27:46 - Wrap up

Connecting with the Guest: