181: Finding Deals & Scaling in a Competitive Market with Lauren Hardy

Let’s be honest: It can be tough to find a great deal in today’s competitive real estate market. If you find yourself in that situation, you are going to love today’s show! Today we hear from Lauren Hardy, a house flipper and wholesaler in the highly competitive Southern California market who overcame a rough beginning to scale her business to several deals a month. You’ll love Lauren’s honesty about quitting her job too early and her straightforward approach to finding deals, evaluating a market, and creating systems that allow her to work and live a full life. And grab some scratch paper — this is definitely one show you are going to want to take some notes on!

In This Episode We Cover:

• What to do when you hail from an expensive location
• How Lauren got started in real estate
• Her very first deal
• Why she loves condos
• Things to consider when investing in condos
• How she quit her job — and failed
• How she spent $25,000 — and got no deals
• Lauren’s tweaks to her direct mail marketing
• How she scaled to 2 to 3 deals a month
• How Lauren’s business works
• How she uses Podio to make her processes easier
• How she estimates rehab costs
• What exactly cash for keys is
• Flipping shows vs. flipping in real life
• How she funds her deals with hard money and private money lenders
• Where is she going with her business
• How many hours she works in a week
• And SO much more!

Links from the Show

• BiggerPockets Webinar
• ListSource
• REISource
• Google Earth
• Darren Daily
• BiggerPockets Udemy Course

Books Mentioned in this Show

• Rich Dad Poor Dad by Robert Kiyosaki
• Tax Strategies for the Savvy Real Estate Investor by Amanda Han
• Building Wealth One House at a Time, Updated and Expanded by John Schaub
• The Compound Effect by Darren Hardy
• The Entrepreneur Roller Coaster by Darren Hardy

Tweetable Topics:

• “I love what I do, so it doesn’t feel like work.” (Tweet This!)

Connect with Lauren

• Lauren’s BiggerPockets Profile
• Lauren’s Facebook Profile
• Lauren’s Instagram

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