If you’re brand new to real estate and wondering how to find good deals, avoid the dumb mistakes, and maybe even use seller financing to get started faster—this episode is for you. I’m breaking down exactly how I’d find real estate deals if I were starting today, the biggest piece of advice I’d give to new investors, and the mistakes I made when I first got into the game—so you don’t have to learn them the hard way. Before we dive in, if you’re serious about building wealth through real estate and want to see how our team can help you scale faster, book a success call with us right here: https://legacywealthholdings.com/success-call/
This time, I flip roles with our Social Media Director, Jed DeMuesy. Instead of me asking the questions, he’s throwing the beginner stuff at me—the same things most new investors want to know: how do you decide what to buy, how many units should you take on in your first deal, when does seller financing actually work, and what’s the best way to get your portfolio growing without wasting years. I share what I wish I knew when I was starting out, the lessons I learned the hard way, and the exact path I’d take if I had to start all over again.
00:00 – How I’d find real estate deals if I were starting today
00:37 – What I wish I knew before my first deal
01:18 – Defining your buy box (and why it matters)
03:00 – How many units should your first deal be?
05:22 – Competing with bigger investors as a beginner
07:42 – The $10M portfolio milestone that changes everything
08:58 – The mistakes I made starting out (so you don’t have to)
11:38 – Underwriting small deals vs. big deals
14:09 – Signs a seller might offer financing
16:22 – How seller financing lowers your cost of capital
18:52 – My key takeaways for new investors
If you’re ready to stop playing small and start building a portfolio that creates real wealth and freedom, grab a time with my team here: https://legacywealthholdings.com/success-call/
#realestateinvesting #multifamilyinvesting #sellerfinancing #realestatedeals #beginnerinvestor #legacywealth #timbratz
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