Mar 20, 2023
Episode #283 - With only a partial inspection, Mike wishes he caught these glaring red flags before purchasing his 1920s duplex. The mistakes he made have forever changed him as an investor.
📑COMPANION ARTICLE/SHOW NOTES: https://www.coachcarson.com/1920duplexrental/
Mike's Email: mnguyen474@gmail.com
🎬AUDIO TIMESTAMPS:
0:00 - Hook
0:33 - Chad's Intro
1:43 - Mike's career and backstory
7:43 - Mike's buy box
11:00 - How Mike found the deal
14:33 - The bidding process
18:30 - Mike's due diligence
22:06 - Mike's financing plan
32:12 - The first two weeks of owning the property
40:04 - The process of getting the property rented
47:25- Running the final numbers
54:11 - Mike's biggest takeaways
57:18 - Mike's advice for listeners
58:23 - How to get in touch with Mike
58:58 - Chad's outro
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🧰MY FAVORITE REAL ESTATE & MONEY TOOLS:
- Deal Machine - software to help you buy more real estate deals https://www.coachcarson.com/dealmachine
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💰CREATIVE FINANCING COURSE🏘️Learn to finance your deals successfully, even with high interest rates. My online course teaches you how to use non-traditional funding sources for real estate, like private money, self-directed retirement accounts, seller financing, lease options, subject-to, and more. Includes paperwork!
https://coachcarson.com/creativefinancing
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