Property Profits Real Estate Podcast
Business:Investing
Find out about Jose’s flipping strategy that brings him profit without having to come up with the cash to buy the properties himself, discover how Jose flips houses for profit, and learn where to find motivated sellers and how to get them calling you.
Resources/Links
Summary
Jose Fernandez started in real estate investing completely by accident when he got laid off from his day job. He had to make real estate investing work to support his family. He went from working full-time in a job he hated to successfully flipping houses full-time.
Listen in to this episode, as Jose, aside from sharing his success real estate story, reveals the marketing strategy that works well for finding the best deals, and the reason behind why he thinks everyone needs to learn more about real estate investing.
Topics Covered:
01:14 – How being laid-off from job led to his real estate journey
05:13 – The investment strategy he dabbles in that is making profits for him
07:46 – Getting a look at the price range of properties, it’s repair value and what it would actually be sold for after repair
10:52 – The primary strategy for buying properties
12:06 – Market size he is focusing on
13:50 – How does he find motivated sellers
Key Takeaways:
“I think this is one of the rookie mistakes that everyone makes when they get started, they just talk to anybody that wants to sell a house.” – Jose Fernandez
“I got to burn the boats and go make this thing work and took me from the time I got laid off, took me about six months to get my first fix and flip project. And from there we have just been able to duplicate the process one after the other. And that was five years ago when we did that first transaction. Since then, I haven’t had to look for another job, and we’ve been doing this full time.” – Jose Fernandez
Connect with Jose Fernandez:
Connect with Dave Dubeau:
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