Fernando Corona had a background in mechanical engineering and was even put in charge of creating a new division for the company he was working for. That’s when he realized he didn’t want to build someone else’s dream. After getting into real estate, he looked for a strategy that could get him more cash flow for each property. He found properties that were listed for less square feet than they actually had because people were converting basements into living space. Instead of turning them into Airbnb properties, he decided to focus on people who are renting them on average for about 10 months. Using a platform called PadSplit, Fernando has all of the platform and property management costs covered with 20% of his gross revenues. He has found a way to increase his revenues while helping his tenants find more affordable living situations, and living a life of abundance.
Join Fernando Corona and Host Dan Lesniak as they discuss…
∙ How to utilize the PadSplit platform to market your properties and bring in more revenue per door.
∙ How to more efficiently use homes with basements to split pads for PadSplitters.
∙ Why real estate agents should learn the investor terminology and have an investor mindset.
∙ Why out-of-state investors should find a good local real estate agent who serve as a great advisor
QUOTES TO SHARE
💬 “The pain of me going on my own is less than the pain I'm feeling now.” – Fernando Corona
💬 “These guys are in my opinion, like the OGs of this rent-by-the-room model in terms of software as a service to us.” - Fernando Corona
💬 “A real estate agent, for me, is like an advisor. A really good real estate agent is somebody who's going to tell you what zip codes or solid woods of code to stay away from, where they see growth happening within the area. - Fernando Corona
💬 “As a real estate agent, you get access probably to off-market properties, and you get access to the properties on the MLS. Why not be an investor? Why not build your own passive income portfolio? – Fernando Corona
RESOURCES
Fernando Corona’s Instagram: https://www.instagram.com/itsfernandocorona/
Mastering the Market: The Four C's of Real Estate Offers
Mastering the Art of the Offer: 12 Steps to Success
Mastering Open Houses: A Guide to Increasing Your Real Estate Sales
Conquering Call Reluctance: Boost Your Real Estate Income
How to Use the Phone to Make Six Figure Gains
Elevating Luxury Real Estate: Inside EXP's Exclusive Division
From Target to Top Realtor: Jason Cheperdak's 9 Figure Sales Journey
From Pharma to Real Estate Powerhouse: Beth Matthews' Journey
What the NAR Settlement Means for Brokerages
The NAR Settlement and Future of Buyer Agency with Dan Lesniak
Choosing Your Guide: The Essential Questions for Selecting a Real Estate Coach
Auditing Your Real Estate Business with Dan Lesniak
Keri Shull and Karl Svendsen on Partnerships that Create More Deals
Mastering Client Confidence: The Keri Shull Playbook
How Anyone Can Master the Real Estate Game
Top Agent Secrets with Keith James, Chris Perry, Nikki Lagouros and Carolyn Young
Mastering Marketing Fundamentals with Michael Rivero
Building Beyond Boundaries with Andrew Perrie
Working with First Time Home Buyers
Real Estate Team Models in 2024 with Dan Lesniak
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
The Commercial Edge: Unleash the Power of People
Aligned Money Show
Gorse Culture PODcast : The H.R. Detective Agency!
HCI Leadership Revolution
The Ramsey Show
Planet Money