Ep 70 - Alex C- Small Wins, Big Money: How Incremental Income Leads to Real Estate Investments

In today’s episode, we dive deep into the world of money-making strategies, from flipping garage sale finds to renovating properties and even buying and selling storage units, as our guest introduces us to the world of resourcefulness and creative ways to make money.

First, we follow Alex’s journey, who partnered with a friend to tackle a property renovation project. They hired contractors for tasks like painting and flooring, but Alex also took on various tasks, from seal coating the driveway to repairing French doors. We explore the commercial mindset behind this approach, focusing on quickly generating revenue.

In addition to these fascinating stories, we talk about side jobs, such as laying sod and flipping items on eBay, and how these ways our guest was able to pay his mortgage payment. We learn about the small wins that can accumulate over time and lead to real estate investments. From attending storage unit auctions to selling valuable finds online, our guest shares their journey of making money incrementally and stacking those small wins.

So grab your headphones and prepare for an episode filled with inspiring stories, practical tips, and the unexplored world of property renovation and creative money-making strategies.

Why Do you have to listen to today’s episode? 

• Discover how to stack small wins: Don't be deterred by starting small. Stacking small wins can lead to significant gains over time. 
• Learn from experience: Whether it's helping with property demos, joining station projects, or honing your selling skills on eBay, hands-on experience is invaluable.
• Find out how to surround yourself with supportive people: A supportive network is crucial for success. Surround yourself with people who uplift and inspire you. 

"If you're trying to get into real estate, figure out how to make money without your W2... And just your brain, like if you have to spend a little bit of money to make money.”  - Alec Marquette

 

Today’s topic: 

05:05Side jobs in high school laid sod. Made money, discovered selling sod. Played sports, considered firefighting, and joined the military. Went to college after the military.19:28 Making money through storage unit auctions.

30:03 eBay feedback helps sell Pokemon cards.

44:15  House had water damage, which scared off buyers. Offered $135k. Comparable sold for $225k. The expected profit is a